StockCharts Record High Percent equals new 52-week highs divided by the sum of new 52-week highs plus new 52-week lows. This breadth indicator shows when new highs outnumber new lows and when new highs are expanding. New highs outnumber new lows when the indicator is above 50. New highs are expanding when the indicator is above 50 and rising.
Symbol Group: Record High Percent Publisher: StockCharts Update Frequency: End-of-day (EOD). These indicators are updated after the market close, usually by 6:00 PM ET. Current Symbols: Catalog link
StockCharts uses a three-step process to calculate breadth indicators. First, StockCharts maintains component lists for these indices. Second, our scan engine uses these component lists to run scans based on the price data for the individual stocks. Third, the data is updated and published to our website.
This “in-house” data may differ from other sources due to differences in the index components and price data. Index components change and require updates on a regular basis. Additionally, note that StockCharts uses dividend-adjusted data for its calculations, while other sources may use non-adjusted data.
The chart example below shows Nasdaq 100 Record High Percent ($RHNDX) as the gray line, a 20-day moving average as the red line and the Nasdaq 100 in the bottom panel. Chartists should consider using a moving average to smooth the data, as Record High Percent can be a volatile series. The Nasdaq 100 was added because it is handy to plot the underlying index along with the indicator.
Click here for a current list and to see the starting dates for these symbols. The example above shows a sample list of symbols. Note that the starting dates are shown in the symbol catalog under the “first data point” column.
Users can search for breadth indicators by quantifying their search criteria using the advanced search functions. Searching for “record and high and percent” is enough to highlight the record high percent indicators. The conjunction (and) means each word is required in the name.