52-Week High/Low Analysis; Is This The Best Time To Buy Shares?

What is a 52-week high/low indicator?

The 52-week high/low is a price indicator that represents the highest and lowest price at which a security has traded over the course of a year.

The 52-week high/low is calculated using the security's daily closing price.

Traders can use the 52-week high as a resistance level and the 52-week low as a support level to help them make trading decisions.

Why is this period an excellent moment to invest in the stock market?

The secondary market continues to decline. Although many expected the market to rise slightly after the budget for the coming fiscal year, it has not been able to lift the morale of investors. Investors have been frustrated by the lack of a big and transformative program for the stock market in the budget. But the market doesn't always fall that way. The declining market is also an opportunity to invest.

The market also gives investors a golden opportunity to buy from time to time. Some analysts say that it is time to start buying now that the market has come down a lot. An analysis of facts that we found there seems to have created a very good buying opportunity in the market like the opinion of analysts.

Sector-wise Analysis of 52 weeks High & Low

Our analysis of the company's 52-week highs and lows shows that the time has come to enter the market. The table shows the 52-week high share price and the lowest share price of all sectors of NEPSE, as well as the 180-day Volume, Weighted Average Price(VWAP).

Looking at the table, it is seen that the 52-week high price of many companies has dropped by an average of 60 percent. For some, prices seem to have dropped by as much as 70 percent.

*The Volume Weighted Average Price (VWAP) is the average price of a stock divided by the total trading volume. The VWAP is a formula for calculating a stock's average price over time. The VWAP makes it easier for investors to compare a stock's current price to a benchmark, making it easier to decide when to enter and quit the market. The VWAP can also help investors decide whether to take an active or passive strategy to stock and execute the right move at the right moment. For our analysis, we have taken a period of 180-days VWAP. 

Let's look at the 52-week highs and lows of listed companies in various sectors and the statistics confirming the buying opportunities given to them by the market.

*LTP - Last Transaction Price as of 31st May, 2022

*Price- All prices are mentioned in rupees. 

COMMERCIAL BANKS

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
NABIL 875 1,161.76 1,740.00 49.71 865 1.15
NICA 752.7 809.78 1,085.00 30.62 701 7.37
EBL 480 560.58 811 40.81 475 1.05
HBL 484 - 749 35.38 452 7.07
SCB 420 476.23 640 34.37 418 0.47
ADBL 352 425.1 620 43.22 348.1 1.12
SBL 366 430.72 605 39.5 366 -
NBL 298 351.82 575 48.17 296.1 0.64
SANIMA 292.9 345.89 564.9 48.15 290 1
PCBL 274 337.34 540 49.25 271.2 1.03
PRVU 248 313.38 525 52.76 242 2.47
NMB 272 334.26 517 47.38 271 0.36
NBB 399 385.87 515 22.52 278 43.52
GBIME 288 324.03 510 43.52 275 4.72
NIB 331 347.31 460 28.04 331 -
MBL 267.7 311.3 455 41.16 264 1.4
SBI 307 369.6 453.9 32.36 300 2.33
LBL 221 280.08 447 50.55 220.1 0.4
CZBIL 231.2 281.09 444 47.92 228 1.4
BOKL 230 272.92 433.2 46.9 227.9 0.92
SRBL 229 274.36 418.2 45.24 225.5 1.55
KBL 209 250.15 413 49.39 208.8 0.09
NCCB 219 263.16 407 46.19 215.6 1.57
MEGA 233 275.65 405 42.46 220.1 5.86
CCBL 205 240.97 324 36.72 200 2.5
CBL 208.1 244.49 316 34.14 204.1 1.95
Average - - -  41.79  -  3.83 

When we look at the 52-week high/low data for NMB, we can see that the RSI (Relative Strength Index) is almost at 30, and the prices in the 52-week low are dropping rapidly, implying that now is the good time for investors to acquire NMB shares if they plan to hold them for a long period. 

*The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

DEVELOPMENT BANK

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
NABBC 373 542.96 1,251.10 70.18 333 12.01
EDBL 367 498.5 1,195.00 69.28 360 1.94
CORBL 344 645.39 1,155.00 70.21 340 1.17
MLBL 374 506.92 883 57.64 343 9.03
MDB 389 518.32 873.2 55.45 385 1.03
KSBBL 374.1 497.51 866.9 56.84 374 0.02
MNBBL 447 515.96 850 47.41 430 3.95
LBBL 373.9 489.26 774 51.69 370 1.05
GBBL 390 541.46 750 48 385 1.29
SHINE 318.5 404.36 655 51.37 315.1 1.07
JBBL 319 423.45 649.9 50.91 318 0.31
SINDU 294 390 618 52.42 286 2.79
KRBL 276 417.01 607 54.53 270 2.22
SADBL 320 391.37 595 46.21 294 8.84
SAPDBL 235 342.33 540 56.48 230 2.17
GRDBL 243 353.21 537.9 54.82 241.9 0.45
Average - - -  55.84  -  3.08 

If a stock breaches its 52-week high and continues upward, this could indicate to investors that there must be some factors that have generated enough momentum to carry the price above its previous 52-week range. This momentum will continue to push the price in the same direction, making this a good time to buy.

As can be seen in the case of NABBC, the LTP as of May 31st is Rs. 373, but it is Rs. 1251.10 during the 52-week High. This means that buying equities while they are in a bear market is usually a good idea.

 FINANCE 

Company

LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
GUFL 402.9 751.3 1,500.00 73.14 396 1.74
MFIL 449.9 786.16 1,456.00 69.1 430 4.62
ICFC 428 654.46 1,176.80 63.63 407 5.15
GFCL 429 628.1 1,010.00 57.52 425 0.94
PFL 367.5 525.25 920 60.05 355 3.52
JFL 383 591.21 836 54.18 339 12.97
CFCL 289 449.26 814.9 64.53 286 1.04
RLFL 298 470.03 814 63.39 295.1 0.98
NFS 296 595.86 806 63.27 290 2.06
GMFIL 282.3 442.57 773 63.47 282.3 -
SIFC 328 438.77 741 55.73 315.2 4.06
SFCL 235 418.04 720 67.36 233.9 0.47
MPFL 246 406.14 696 64.65 244.5 0.61
BFC 380.2 480.17 630 39.65 300 26.73
PROFL 255.8 369.34 574 55.43 255 0.31
Average - - -  61.01  -  4.66 

When we look at GUFL (Gurkhas Finance Ltd), we can see that the stock is nearing its 52-week low, and given the current situation, it won't be long before the stock crosses the 52-week low percentage of 1.74.

MICRO FINANCE

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
MLBSL 3,400.00 3,662.77 5,749.00 40.85 3,029.00 12.24
JBLB 2,844.00 4,458.68 5,516.90 48.44 890 219.55
JSLBB 1,917.00 2,468.11 4,022.80 52.34 1,881.00 1.91
NMFBS 1,916.00 2,823.19 3,925.90 51.19 1,911.00 0.26
NESDO 2,262.00 2,595.30 3,312.50 31.71 747.7 202.52
FOWAD 2,335.10 2,373.65 3,311.00 29.47 2,000.00 16.75
GILB 1,270.00 1,586.80 3,191.00 60.2 1,245.00 2
SMB 1,479.80 1,939.65 2,900.00 48.97 1,479.80 -
SMFBS 1,520.00 1,927.85 2,865.00 46.94 1,500.50 1.29
JALPA 2,195.00 2,185.94 2,693.40 18.5 318.6 588.95
USLB 1,116.00 1,596.66 2,547.00 56.18 1,103.00 1.17
LLBS 1,259.70 1,502.84 2,528.00 50.17 1,205.00 4.53
MLBBL 1,223.00 1,675.15 2,499.00 51.06 1,223.00 -
MSLB 1,162.00 1,565.19 2,496.00 53.44 1,160.00 0.17
MKLB 926 1,395.54 2,310.00 59.91 296.7 212.09
SABSL 1,127.00 1,378.58 2,306.20 51.13 1,041.00 8.26
GLBSL 1,075.00 1,310.82 2,210.00 51.35 1,017.00 5.7
MLBS 1,165.00 1,439.64 2,189.10 46.78 397.5 193.08
SKBBL 1,090.00 1,295.35 2,184.00 50.09 1,075.00 1.39
ILBS 956.1 1,374.59 2,140.00 55.32 945 1.17
ALBSL 1,265.80 1,503.35 2,101.20 39.75 1,176.00 7.63
MMFDB 1,085.00 1,353.68 2,095.00 48.21 1,085.00 -
SWBBL 1,030.00 1,277.19 2,090.00 50.71 1,030.00 -
WNLB 1,080.00 1,589.72 2,090.00 48.32 831 29.96
CBBL 1,009.10 1,271.07 2,065.20 51.13 988 2.13
VLBS 988 1,308.67 2,036.00 51.47 967 2.17
DDBL 990.3 1,209.75 2,000.00 50.48 990 0.03
SWMF 809 912.97 2,000.00 59.55 804 0.62
SDLBSL 1,042.50 1,286.84 1,997.00 47.79 1,026.00 1.6
NSLB 871 1,310.09 1,987.90 56.18 864.4 0.76
GMFBS 1,027.00 1,263.51 1,972.00 47.92 975.1 5.32
SMFDB 940 1,210.43 1,938.00 51.49 940 -
RULB 966 1,412.79 1,931.70 49.99 502 92.43
NUBL 1,014.00 1,279.33 1,895.00 46.49 1,002.00 1.19
ACLBSL 874 1,357.97 1,870.00 53.26 850 2.82
NLBBL 950 1,154.95 1,845.00 48.5 901.8 5.34
MERO 866 1,096.15 1,820.00 52.41 865 0.11
KLBSL 1,220.00 1,511.71 1,818.00 32.89 1,072.00 13.8
CLBSL 771 1,011.23 1,811.00 57.42 770 0.12
RMDC 823.9 1,184.95 1,800.00 54.22 813.4 1.29
SMATA 828 1,137.48 1,785.00 53.61 828 -
SLBSL 1,497.90 1,304.93 1,785.00 16.08 951.6 57.4
NICLBSL 891.1 1,143.32 1,780.00 49.93 889 0.23
KMCDB 1,147.00 1,274.18 1,715.00 33.11 1,015.00 13
SLBBL 845 1,058.58 1,685.00 49.85 840.1 0.58
NMBMF 775 1,073.64 1,657.00 53.22 771.1 0.5
GBLBS 790 965.21 1,437.00 45.02 788 0.25
FMDBL 654 823.77 1,365.00 52.08 644 1.55
RSDC 563 741.19 1,194.40 52.86 557 1.07
NADEP 1,039.00 - 1,083.00 4.06 480 116.45
AKBSL 465 - 497 6.43 263 76.8
Average - - -  46.44  -  42.40 

Similarly, SMB (Support Microfinance Bittiya Sanstha Ltd) hit an all-time 52-week low yesterday, making this a strong long-term investment if purchased now while the market is still down. 

NON LIFE INSURANCE

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
RBCL 14,821.00 17,227.38 24,370.00 39.18 13,907.00 6.57
SICL 1,027.00 1,689.05 2,300.00 55.34 1,020.00 0.68
NIL 740 1,146.84 1,785.00 58.54 713 3.78
SIC 846.6 1,304.14 1,735.00 51.2 830 2
NLG 561 864.6 1,422.00 60.54 561 -
IGI 449 972.89 1,390.00 67.69 440 2.04
PIC 650 969.09 1,372.00 52.62 620 4.83
NICL 505 821.33 1,294.00 60.97 505 -
SIL 629 938.23 1,230.00 48.86 598.8 5.04
PRIN 502 807.44 1,162.00 56.79 500 0.4
HGI 520 707.32 982 47.04 520 -
PICL 398.8 682.17 980 59.3 394 1.21
AIL 495 703.66 976 49.28 495 -
LGIL 463 722.8 975 52.51 456 1.53
UIC 418.5 665.15 890 52.97 404.3 3.51
EIC 500 653.27 885 43.5 494 1.21
SGI 440 604.83 880 50 439 0.22
GIC 454 604.22 820 44.63 451 0.66
Average - - -  52.83  -  2.41 

 LIFE INSURANCE

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
LICN 1,426.00 1,982.04 2,755.00 48.23 1,281.00 11.31
NLIC 832 1,331.45 2,200.00 62.18 825 0.84
ALICL 590 1,015.73 1,559.00 62.15 584.1 1.01
NLICL 623.9 997.12 1,346.00 53.64 615 1.44
PLIC 569 715.29 1,133.00 49.77 569 -
SLICL 450 699.14 1,091.00 58.75 446 0.89
ULI 521 667.12 940.1 44.58 342 52.33
GLICL 485 629.46 901 46.17 460 5.43
JLI 405 630.01 866 53.23 389 4.11
PLI 439 580.26 861 49.01 402 9.2
RLI 384 542.97 795 51.69 376 2.12
SLI 389.9 552.02 787.8 50.5 309 26.18
Average - - -  52.49  -  10.44 

 HYDROPOWER

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
RURU 834 1,011.08 1,849.20 54.89 831.1 0.34
MEN 915 1,130.68 1,530.00 40.19 765 19.6
NGPL 580 653.53 1,397.00 58.48 351 65.24
RADHI 593 646.04 1,340.00 55.74 490.2 20.97
UMRH 765 779.39 1,150.00 33.47 434 76.26
RHPC 838 - 1,118.00 25.04 132 534.84
UPPER 490 659.42 962.5 49.09 481 1.87
AKPL 451.3 527.03 882.4 48.85 377.3 19.61
KPCL 398.7 510.49 878.9 54.63 394 1.19
SPC 457.7 615.59 845.5 45.86 296.3 54.47
NHDL 393 498.58 840 53.21 356.6 10.2
TPC 427 598.34 825 48.24 254.2 67.97
SPDL 352.6 456.77 823.9 57.2 323.4 9.02
SAHAS 515.9 623.89 789.4 34.64 405.3 27.28
CHCL 424 498.55 785 45.98 415 2.16
AHPC 397.9 501.21 785 49.31 349.2 13.94
BARUN 463 502.39 763.4 39.35 345.6 33.96
HPPL 361 461.3 749.1 51.8 360.7 0.08
BNHC 420 623.35 744 43.54 246.7 70.24
RRHP 563.1 - 739 23.8 213 164.36
MKJC 480 578.03 733.9 34.59 186.5 157.37
MHNL 310.8 452.94 720 56.83 295 5.35
CHL 296 453.22 715 58.6 284.3 4.11
BPCL 351 430.57 703 50.07 348 0.86
HURJA 265 422.59 685.4 61.33 261 1.53
SHPC 348 422.12 675 48.44 343 1.45
API 283 475.87 670 57.76 273 3.66
GLH 369.8 452.62 657 43.71 339 9.08
SHEL 303 450.76 650 53.38 295 2.71
UMHL 260 384.88 646.6 59.78 250 4
PPCL 317 447.5 642 50.62 303.2 4.55
UPCL 241 345.2 635 62.04 218.7 10.19
RHPL 295 384.09 613 51.87 288 2.43
UNHPL 230.1 330.45 612 62.4 215 7.02
NYADI 336.2 460.64 566 40.6 282.3 19.09
KKHC 224 303.76 556.2 59.72 218.8 2.37
GHL 223 328.31 555.9 59.88 209 6.69
SJCL 288.3 379 550 47.58 285.2 1.08
SSHL 265 347.59 533 50.28 247 7.28
NHPC 259 375.49 530.9 51.21 223 16.14
LEC 260 368.54 530 50.94 260 -
JOSHI 221 314.47 507 56.41 200 10.5
MBJC 272 418.6 505 46.13 100 172
AKJCL 222 296.68 502 55.77 209 6.22
DHPL 221.2 307.8 485.2 54.41 211.7 4.48
PMHPL 232 349.23 484 52.06 227.5 1.97
HDHPC 220 319.32 478.9 54.06 208 5.76
Average - - -  49.87  -  36.12 

 MUTUAL FUNDS

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
NMBSF1 - - - - - -
GIMES1 10.86 13.4 25.09 56.71 9.9 9.69
NIBLPF 10.77 10.54 20.68 47.92 9.3 15.8
SAEF 12.62 13.34 20.19 37.49 11.99 5.25
SFMF 11.65 11.87 20 41.75 10.21 14.1
LEMF 10.06 10.28 19.34 47.98 9.16 9.82
NMB50 12.7 12.68 18.47 31.23 10.72 18.47
NICGF 11.67 11.79 18.12 35.59 10.43 11.88
NIBSF1 12.41 12.09 17.71 29.92 11.25 10.31
NEF 10.18 10.75 17.49 41.79 9.83 3.56
SEF 10.63 10.88 17.04 37.61 10.01 6.19
NICBF 10.42 10.89 17 38.7 9.92 5.04
NBF2 10.51 11.01 17 38.17 10 5.1
CMF2 9.25 10.09 16.87 45.16 9.04 2.32
SIGS2 10.62 11.16 16.87 37.04 10.15 4.63
NMBHF1 11.5 11.65 16.25 29.23 10.54 9.1
CMF1 9.19 9.65 16.01 42.59 8.91 3.14
LUK 9.7 10.1 16 39.37 9.31 4.18
KEF 9 9.17 11.65 22.74 8.67 3.8
NIBSF2 8.28 9.11 11.53 28.18 8.2 0.97
SLCF 8.95 9.03 11.4 21.49 8.14 9.95
SBCF 8.2 8.67 11.29 27.36 7.95 3.14
PSF 8.62 9.22 11.22 23.17 8.45 2.01
RMF1 8.13 8.92 10.3 21.06 7.95 2.26
MMF1 8.04 8.89 10.28 21.78 7.81 2.94
NICSF 8.37 8.95 10.1 17.12 8.21 1.94
NBF3 8.64 9.34 10.08 14.28 8.33 3.72
Average - - -  33.67  -  6.51 

 HOTEL AND TOURISM

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
CGH 1,125.00 1,384.03 1,935.00 41.86 1,112.00 1.16
OHL 472.5 497.08 761 37.91 430 9.88
TRH 338.6 367.73 468 27.64 323.5 4.66
SHL 207 223.42 321 35.51 187 10.69
Average - - -  35.73  -  6.60 

 MANUFACTURING AND PROCESSING

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
UNL 18,611.90 18,992.00 21,200.00 12.2 18,050.00 3.11
BNT 13,400.00 14,269.77 17,670.00 24.16 9,750.00 37.43
HDL 3,330.00 4,673.46 7,938.00 58.04 3,325.00 0.15
BNL 1,941.90 1,941.90 1,941.90 - 1,830.00 6.11
SHIVM 815 1,256.71 1,910.00 57.32 804.9 1.25
NLO 252.7 252.63 316 20.03 243 3.99
Average - - -  34.35  -  8.67 

INVESTMENT

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
CIT 2,564.00 3,052.52 4,560.00 43.77 2,525.00 1.54
ENL 715 1,025.79 1,481.90 51.75 287.1 149.04
CHDC 715 905.43 1,415.00 49.46 416 71.87
NRN 511 696.63 990 48.38 500 2.2
NIFRA 272.9 349.33 599 54.44 268.5 1.63
HIDCL 227 307.4 595 61.84 225.5 0.66
Average - - -  51.61  -  37.82 

 TRADING

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
STC 3,507.00 5,674.25 11,499.00 69.5 3,450.00 1.65
BBC 3,600.00 4,695.76 8,124.30 55.68 3,588.00 0.33
Average - - -  62.59  -  0.99 

 OTHERS

Company LTP 180D VWAP 52 Wk % Below 52 Wk % Above
High 52 Wk H Low 52 Wk L
NRIC 815 1,186.68 2,010.00 59.45 812 0.36
NTC 927.8 1,437.52 1,799.90 48.45 905 2.51
Average - - -  53.95  -  1.44