One Year High Low Ratio

The One Year High Low Ratio is a market breadth indicator that shows the ratio of stocks achieving new one year highs to those achieving new one year lows.

One Year High Low Ratio

The One Year High Low Ratio is a market breadth indicator that shows the ratio of stocks achieving new one year highs to those achieving new one year lows.

 


Application of One Year High Low Ratio

The One Year High Low Ratio varies from 1 (all new price extremes are highs) to -1 (all new price extrema are lows). The One Year High Low Ratio is computed over the universe of stocks as: (high count - low count)/(high count + low count) where high count and low count are counts of stocks achieving new one year highs and lows, respectively.



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