Data Insights

ASX 200 stocks hitting fresh 52-week highs and lows – Week 2

Mon 06 Jan 25, 9:58am (AEDT)
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Source: Shutterstock

Welcome back to the 52-week Series – A recap of ASX 200 stocks that have tagged a fresh yearly highs and lows in the past week. By tracking these 52-week highs and lows, we can spot emerging trends across different stocks and sectors.

When we see clusters of stocks hitting new milestones within a sector, it often signals significant underlying factors – whether it's shifting commodity prices, evolving demand trends (like the current AI boom), or companies exceeding or falling short of earnings expectations.

52-Week Highs and Lows by Sector

  • Industrials: 2 Highs, 0 Lows

  • Staples: 1 High, 0 Lows

  • Financials: 0 Highs, 0 Lows

  • Telecommunication: 0 Highs, 0 Lows

  • Utilities: 0 Highs, 0 Lows

  • Discretionary: 0 Highs, 0 Lows

  • Energy: 0 Highs, 0 Lows

  • Technology: 0 Highs, 1 Low

  • Health Care: 0 Highs, 1 Low

  • Real Estate: 0 Highs, 2 Lows

  • Materials: 0 Highs, 3 Lows

What Does the Data Tell Us?

Not much is happening: The ASX 200 is down around 3% from 3 December 2024 highs. The market's momentum has notably cooled and strong trending sectors from last year such as Financials, Industrials and Discretionary have all retreated approximately 5-10% from their peaks. This broader pullback is reflected in the significant decline in the number of stocks reaching new 52-week highs.

ASX 200 Stocks Making 52-Week Highs

Ticker

Company

Close

Sector

1 Week

1 Year

CPU

Computershare

$34.61

Industrials

2.3%

72.3%

QUB

Qube Holdings

$4.07

Industrials

2.5%

33.0%

BGA

Bega Cheese

$5.70

Staples

-0.7%

7.3%

Data shows any stock to have hit a 52-week high in the past week. Share price and performance as at Friday 3 January 2025

ASX 200 Stocks Making 52-Week Lows

Ticker

Company

Close

Sector

1 Week

1 Year

LTR

Liontown Resources

$0.57

Materials

3.6%

-63.2%

RHC

Ramsay Health Care

$34.61

Health Care

-0.4%

-48.8%

CIP

Centuria Industrial

$2.89

Real Estate

-0.3%

-27.9%

RGN

Region Group

$2.12

Real Estate

-2.8%

-27.4%

BSL

Bluescope Steel

$19.00

Materials

-1.7%

-11.6%

DTL

Data#3

$6.34

Technology

-1.4%

12.4%

BGL

Bellevue Gold

$1.15

Materials

1.8%

42.2%

Data shows any stock to have hit a 52-week low in the past week. Share price and performance as at Friday 3 January 2025

Why do 52-Week Highs and Lows Matter

Here are some of the key points our first 52-Week article:

A research thesis by Thomas J. George and Chuan-Yang Hwang titled The 52-Week High and Momentum Investing concludes that stocks nearing their 52-week high tend to outperform in the future, surpassing the predictive power of past returns.

US trader Mark Minervini also notes that “when you see a growing number of names in a particular industry making new 52-week highs (especially coming off a market low), this could be an indication that a group advance is underway.”

1851 Capital Chief Investment Officer Chris Stott says the numbers are useful in helping to determine which stocks have the momentum to keep making fresh highs. The data is used to identify continuous winners and generate fresh ideas.

Written By

Kerry Sun

Content Strategist

Kerry holds a Bachelor of Commerce from Monash University. He is an avid swing trader, focused on technical set ups and breakouts. Outside of writing and trading, Kerry is a big UFC fan, loves poker and training Muay Thai. Connect via LinkedIn or email.

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