New Highs Lows

Market Analysis

Definition

Daily count of stocks reaching new 52-week highs versus new 52-week lows, providing insight into market breadth and the underlying health of market trends beyond major index performance.

Key Points

  • Tracks stocks at extreme levels
  • Confirms trend strength or weakness
  • Divergences signal potential reversals

Examples

Many new highs confirm bull market health
Expanding new lows warn of weakness