3.4What are the day’s highest and lowest prices?
1What is it?
The day high is the highest price traded today; the day low is the lowest.
2Why does it exist?
Together they show the day’s range, how much the price moved. A wide range means a volatile day.
3Diagram
4Calculation
Day range % = (High − Low) ÷ Low × 100
- High = ₹520, Low = ₹500
- (520 − 500) ÷ 500 × 100 = 4%
The stock moved within a 4% range today.
5Quick revision
- High and low show the day’s range.
- A wide range means higher volatility.
6Knowledge check
Q1. High ₹110, low ₹100. What is the range %?Show answer
10%.
Q2. What does a very narrow range suggest?Show answer
A quiet, low-volatility day.
Q3. Can the LTP be above the day high?Show answer
No. If it trades higher, that becomes the new high.
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