52-Week Breakout / Breakdown
The close moves beyond the highest (or lowest) close of the past year — open sky above, or no floor below.
A 52-week high breakout means everyone who bought in the last year is in profit — there is no overhead supply of trapped sellers waiting to exit at break-even. Momentum investors treat it as strength, not expensiveness.
A 52-week low breakdown is the mirror: every holder of the past year is losing, and each bounce meets sellers relieved to exit smaller.
New highs on volume, from a long base, are the classic momentum entry.
Buying new lows because they look "cheap" is catching a falling knife — cheap can get cheaper.
Analysis only: Supath AI does not give investment advice. Consult a SEBI-registered financial advisor before making investment decisions.