52 Week High & Low Distance

Shows the percentage distance of price from its 52-week high and 52-week low for quick strength and weakness analysis.

52 Week High & Low Distance Indicator

The 52 Week High & Low Distance Indicator measures the percentage distance of the current price from its 52-week high and 52-week low.
It provides a quick visual reference to evaluate long-term strength, weakness, and trend positioning.

🔹 Key Features

Percentage distance from 52-week low

Percentage distance from 52-week high

Easy comparison across different stocks and instruments

Works on stocks, indices, crypto, and forex

🔹 How to Interpret

Price near 52-week high → Strong momentum

Price near 52-week low → Weakness or potential accumulation

Negative value from high → Price trading below the 52-week high

🔹 Ideal For

Trend following

Breakout and momentum strategies

Long-term investing

Market screening and relative strength analysis

🔹 Timeframe Note

The calculation is based on the current chart timeframe.
On daily charts, 52 periods represent approximately one trading year.

⚠️ Disclaimer:
This indicator is for educational and informational purposes only.
It does not provide financial advice or buy/sell signals.
Always use proper risk management and confirm with other analysis tools.