DBC 2453 - High-Low Index

 

The Banking Tutor 

               Daily Banking Concept -  2453 

High-Low Index

 

The high-low index assesses market trends by comparing the number of stocks reaching their 52-week highs to those hitting their 52-week lows. It serves as a tool for investors and traders to gauge the prevailing market direction, particularly for major indices like the S&P 500.