New highs / new lows
How many stocks are at a 52-week high versus a 52-week low.
How to use it
Shows whether a market's leaders are broadening or thinning out.
Limitations
On the Market, a stock needs at least 60 sessions of history to count.
In Kereon
Market. A stock counts as a new high when its last price is at or above the highest high of its past 252 sessions (a low, the reverse), across the desk's own list.
Also called: new highs, new lows, net highs, nh/nl, nh−nl, nh-nl, new highs (252d).