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 11/15/2024)Ticker - Company | Closing Price | 52 Week Low | 52 Week High | Price Relative to 52 Week Range (0 to 100%) |
American Express Co (NYSE:AXP) | $286.87 | $162.29 | $295.16 | 95% |
Bank Of America Corp (NYSE:BAC) | $46.75 | $29.53 | $46.75 | 100% |
Bank of New York Mellon Corporation (NYSE:BK) | $78.29 | $46.93 | $78.68 | 99% |
Booking Holdings, Inc (NASDAQ:BKNG) | $4975.19 | $3115.59 | $5065.40 | 96% |
Blackrock Incorporated (NYSE:BLK) | $1047.37 | $716.86 | $1053.84 | 98% |
Berkshire Hathaway Cl B (NYSE:BRKB) | $470.28 | $352.38 | $478.57 | 94% |
Citigroup (NYSE:C) | $68.76 | $44.86 | $69.80 | 97% |
Cisco Systems Inc (NASDAQ:CSCO) | $57.46 | $44.74 | $59.18 | 89% |
Chevron Corp (NYSE:CVX) | $161.42 | $137.88 | $166.33 | 84% |
Emerson Electric Co (NYSE:EMR) | $126.78 | $87.70 | $130.16 | 93% |
General Motors Company (NYSE:GM) | $57.04 | $27.90 | $57.71 | 98% |
Goldman Sachs Group Inc (NYSE:GS) | $593.54 | $334.97 | $602.34 | 97% |
Home Depot Inc (NYSE:HD) | $408.18 | $305.34 | $418.61 | 92% |
Honeywell International (NASDAQ:HON) | $228.99 | $190.36 | $233.91 | 90% |
JPMorgan Chase and Co (NYSE:JPM) | $245.31 | $152.82 | $247.06 | 99% |
Kinder Morgan Inc (NYSE:KMI) | $27.27 | $16.57 | $27.27 | 100% |
Mastercard Incorporated (NYSE:MA) | $521.89 | $400.30 | $530.12 | 94% |
Metlife Inc (NYSE:MET) | $83.33 | $62.25 | $85.88 | 91% |
Altria Group Inc (NYSE:MO) | $55.93 | $39.73 | $55.93 | 100% |
Morgan Stanley (NYSE:MS) | $134.06 | $76.88 | $134.06 | 100% |
Netflix Inc (NASDAQ:NFLX) | $823.96 | $446.73 | $837.26 | 97% |
PayPal Holdings Inc (NASDAQ:PYPL) | $85.83 | $55.40 | $87.31 | 96% |
Charles Schwab Corp (NYSE:SCHW) | $80.64 | $55.81 | $80.64 | 100% |
Simon Property Group (NYSE:SPG) | $180.27 | $120.84 | $181.34 | 99% |
AT&T Inc (NYSE:T) | $22.68 | $15.90 | $22.68 | 100% |
T-Mobile US Inc (NASDAQ:TMUS) | $235.61 | $147.71 | $240.88 | 95% |
US Bancorp (NYSE:USB) | $49.90 | $36.79 | $51.26 | 92% |
Visa Inc (NYSE:V) | $309.64 | $249.56 | $310.92 | 98% |
Wells Fargo & Company (NYSE:WFC) | $74.34 | $42.60 | $74.34 | 100% |
Walmart Inc (NYSE:WMT) | $84.25 | $50.29 | $85.50 | 97% |
Stocks Near 52-Week Lows
(As of market close 11/15/2024)Ticker - Company | Closing Price | 52 Week Low | 52 Week High | Price Relative to 52 Week Range (0 to 100%) |
Boeing Co (NYSE:BA) | $140.19 | $138.14 | $264.27 | 2% |
CVS Health Corporation (NYSE:CVS) | $53.19 | $53.19 | $81.42 | 0% |
Dow Inc (NYSE:DOW) | $44.04 | $44.04 | $59.99 | 0% |
Kraft Heinz Company (NASDAQ:KHC) | $31.14 | $31.14 | $38.65 | 0% |
Mondelez International Inc (NASDAQ:MDLZ) | $64.49 | $64.35 | $76.87 | 1% |
Merck & Co (NYSE:MRK) | $96.31 | $96.31 | $132.96 | 0% |
Pepsico Inc (NASDAQ:PEP) | $158.62 | $158.62 | $183.11 | 0% |
Pfizer Inc (NYSE:PFE) | $24.80 | $24.80 | $31.39 | 0% |
Walgreens Boots Alliance Inc (NASDAQ:WBA) | $ 8.48 | $ 8.25 | $26.65 | 2% |
52-Week Highs and Lows, and Price Relative to 52-Week Range, of all S&P-100 Stocks
(As of market close 11/15/2024)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.