![]() But if you compare previous highs with 52 week high, you will get a reasonable idea of what to expect next.įor example, assume previous highest to 90$ price was 88$, and you buy at 91$. The question is how much will the stock move up further? There is no simple answer to this question. ![]() When you buy a stock at close or above 52-week high, you will have one question in mind. For weeks where the number of days was lesser than 5, we have calculated the average only for market-open days. For example, there can be 4-day or 3-day weeks due to holidays. This week recorded the highest average close, $30.42. For example, the first row shows the average stock closing price for the Week 43 - 2021. Weeksĭata in the first column is of the form " Week-Year". Hence, some investors look at longer time frames like weeks or months.īelow table shows the top 10 highest weeks for Dropbox Inc (DBX). One day prices may not reflect the performance of an underlying stock. Why would one look at highest weekly average instead of highest one day price? The reason is simple.
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