Stocks Trading Near 52-Week Highs and Lows
Momentum trading strategies often involve the buying of stocks that are trading at or near their 52-week high in the expectation that the stock will continue to reach new highs. See study "52-Week High and Momentum Investing" cited below for evidence on the effectiveness of this trading strategy.Contrarian trading strategies, on the other hand, can involve buying stocks at or near 52-week lows in anticipation that a bottom may be near, but this strategy can be quite risky, as such stocks tend to be highly volatile in either direction.
Short selling stocks at 52-week lows may be quite profitable, but is also dangerous, as stocks will frequently bounce higher after hitting 52-week lows, even if they are headed far lower in the longer term.
Stocks Near 52-Week Highs
(As of market close 04/26/2024)Ticker - Company | Closing Price | 52 Week Low | 52 Week High | Price Relative to 52 Week Range (0 to 100%) |
American Express Co (NYSE:AXP) | $235.64 | $141.31 | $239.12 | 97% |
Bank Of America Corp (NYSE:BAC) | $37.83 | $25.17 | $38.37 | 97% |
Bank of New York Mellon Corporation (NYSE:BK) | $57.32 | $39.67 | $57.95 | 97% |
Citigroup (NYSE:C) | $62.66 | $38.24 | $63.46 | 97% |
Colgate-Palmolive Co (NYSE:CL) | $91.01 | $68.87 | $91.01 | 100% |
Capital One Financial Cp (NYSE:COF) | $146.21 | $85.63 | $148.89 | 97% |
ConocoPhillips (NYSE:COP) | $130.24 | $96.09 | $133.52 | 92% |
Duke Energy Corp (NYSE:DUK) | $97.71 | $85.44 | $99.39 | 89% |
General Electric Co (NYSE:GE) | $162.35 | $78.87 | $162.62 | 100% |
General Motors Company (NYSE:GM) | $45.84 | $26.65 | $45.84 | 100% |
Alphabet Inc (NASDAQ:GOOG) | $173.69 | $105.21 | $173.69 | 100% |
Alphabet Inc Class A (NASDAQ:GOOGL) | $171.95 | $104.69 | $171.95 | 100% |
Goldman Sachs Group Inc (NYSE:GS) | $427.57 | $289.91 | $427.57 | 100% |
Kinder Morgan Inc (NYSE:KMI) | $18.68 | $16.03 | $18.84 | 95% |
Lockheed Martin Corp (NYSE:LMT) | $461.29 | $397.35 | $469.97 | 89% |
3M Company (NYSE:MMM) | $91.83 | $71.57 | $94.17 | 91% |
Merck & Co (NYSE:MRK) | $131.20 | $100.18 | $131.95 | 98% |
Morgan Stanley (NYSE:MS) | $92.83 | $70.40 | $94.67 | 93% |
Procter & Gamble Co (NYSE:PG) | $161.29 | $142.50 | $162.61 | 94% |
RTX Corporation (NYSE:RTX) | $101.41 | $69.38 | $101.88 | 99% |
Charles Schwab Corp (NYSE:SCHW) | $74.99 | $47.37 | $75.23 | 99% |
T-Mobile US Inc (NASDAQ:TMUS) | $163.96 | $126.55 | $167.42 | 93% |
Wells Fargo & Company (NYSE:WFC) | $59.91 | $36.72 | $61.10 | 96% |
Walmart Inc (NYSE:WMT) | $60.16 | $48.69 | $61.45 | 91% |
Stocks Near 52-Week Lows
(As of market close 04/26/2024)Ticker - Company | Closing Price | 52 Week Low | 52 Week High | Price Relative to 52 Week Range (0 to 100%) |
Apple Inc (NASDAQ:AAPL) | $169.30 | $165.00 | $198.11 | 14% |
Boeing Co (NYSE:BA) | $167.22 | $164.33 | $264.27 | 4% |
Bristol-Myers Squibb Co (NYSE:BMY) | $44.85 | $44.70 | $69.08 | 1% |
Charter Communications (NASDAQ:CHTR) | $254.61 | $254.61 | $455.73 | 0% |
Comcast Corp Cl A (NASDAQ:CMCSA) | $38.57 | $37.87 | $47.12 | 8% |
Gilead Sciences Inc (NASDAQ:GILD) | $65.42 | $65.27 | $87.29 | 1% |
Johnson & Johnson (NYSE:JNJ) | $146.14 | $144.45 | $174.48 | 6% |
Pfizer Inc (NYSE:PFE) | $25.40 | $25.26 | $40.28 | 1% |
Walgreens Boots Alliance Inc (NASDAQ:WBA) | $17.70 | $17.59 | $35.25 | 1% |
52-Week Highs and Lows, and Price Relative to 52-Week Range, of all S&P-100 Stocks
(As of market close 04/26/2024)Notes:
Stocks are deemed to be near their 52-week high (low) if they are within 3 percent of the high (low) or they achieved a new high (low) within the 5 most recent market days.Price relative to 52-week range is calculated as [log(price)-log(low price)]/[log(high price)-log(low price)]*100%. Thus a stock with a current price of $4 with a 52-week high of $8 and a 52-week low of $2 will have price relative to range of 50%.
See George, Thomas J. and Chuan-Yang Hwang (2004). "The 52-Week High and Momentum Investing." The Journal of Finance. Volume LIX. Number 5. 2145-2176.