| Rank | Ticker | Closing Price | Name |
|---|---|---|---|
| 1 | AMC 🚀 📈 | 1.93 | AMC Entertainment Holdings, Inc |
| 2 | LCID | 11.52 | Lucid Group, Inc. |
| 3 | LI | 16.68 | Li Auto Inc. |
| 4 | DOCS | 43.80 | Doximity, Inc. |
| 5 | EOG | 101.78 | EOG Resources, Inc. |
| 6 | COST | 860.39 | Costco Wholesale Corporation |
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.