HIGH Price

The High is the highest price in which a buyer and seller transacted for the day. The top of the OHLC bar chart is the high. The high in relation to other highs can give traders much information. For instance, if the high of the prior day's high was $10 and today's high was $11, then buyers were able to make a new high, which is bullish. If the previous day's high was $10 and today's high was $10, then it appears as if an area of resistance has been created where sellers feel confident selling. This area of resistance gains more importance if many previous highs have reached the $10 price level and fallen down from it. Lastly, if the prior day's high was $10, but today's high was only $9, then prices made a lower high, which is potentially bearish because buyers were unable to push prices to the same level as yesterday and/or sellers became more eager to sell at lower prices; nevertheless, both reasons are negative for buyers. The High in relation to the close is discussed in the Close section. The High in relation to the Low is discussed in the Range section. Furthermore, the high as it relates to trends and reversals is discussed in their respective sections later on this page.