| Rank | Ticker | Closing Price |
|---|---|---|
| 1 | UAA | 4.62 |
| 2 | KHC | 24.38 |
| 3 | BBWI | 24.91 |
| 4 | KMX | 42.46 |
| 5 | CSGP | 70.51 |
| 6 | FI | 70.60 |
| 7 | DECK 🚀 | 83.84 |
The "52-week low" is the lowest price at which a stock has traded over the previous 52 weeks, or one year. It's a key metric used by traders and investors as a technical indicator to understand a stock's recent performance and to gauge market sentiment. A stock hitting a new 52-week low often reflects a sustained negative trend and bearish momentum. This can discourage buyers, while attracting sellers who see the weakness as a sign that the price may continue to fall. This is particularly concerning for momentum traders, who typically avoid stocks breaking down to new lows. Conversely, some contrarian investors may view a 52-week low as a potential value opportunity, provided fundamentals support a recovery. However, there is also the risk of a value trap, where prices continue declining despite appearing cheap. The 52-week low is most commonly based on the daily closing price of a stock, not the intraday low, although some data providers may report both. It's a simple but powerful tool for assessing a stock's trading range, volatility, and overall market sentiment. Still, it should not be used in isolation; traders often combine it with other technical and fundamental analysis to make more informed decisions.