New 52-week High helps investors in identifying instruments that are currently trading at their highest price within the past 52 weeks (about one year). Investors can use this information to identify profit booking opportunities.
The tabular results of New High provides information such as the price at which the instrument was identified as a top gainer, the percentage change and change in the last traded price (LTP). If the result list is extensive, a search box is available to locate a specific symbol from the results.
For a more in-depth analysis, users can click on a symbol within the results to access a detailed alpha analysis report accompanied by a chart. This allows investors to gain further insights into the performance of the instrument and make more informed decisions based on the provided information.
Follow these easy steps to use Alpha Builder’s tool “New 52wk high” to view the instruments that are currently at their yearly high price:
1. On the home-page, click “Alpha Builder” or select sub-menu item “ALPHA BUILDER” under the “TOOLS” head of the “PRODUCTS” menu.
2. Scroll down the page and click on “New 52wk high“.
3. The table displays by the stock symbols that are currently at their yearly high price. The rows in this table are by default sorted/arranged from maximum %change to minimum %change.
4. Click on the text-box next to “Search:” and type the term to search in the table rows.