What You Need to Know about Day Range and 52-Week Range

Halal Investment Series Part 7

Many investors refer to the duration of the trading range to make an investment decision. The trading range is the difference between high and low prices in a specific trading period. Day range and 52-week range are among the most commonly used by traders. Here we explain to you the definition of day range and 52-week range.

Day range

This metric shows the range of the lowest to the highest stock price during that day. Traders may look at this to see if they are getting the best price of the day.

52-Week range

This metric shows the range of the lowest to the highest stock price in the past year. Value investors may use this metric to purchase the stock at a low price. Analysts may also use these metrics to understand the volatility and to find trading opportunities.

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