What it is:
A record low is the lowest price a security achieves in a given time period.
How it works (Example):
For example, let's look at this random chart for Cicso Systems (CSCO). Note the jagged line, which reflects the stock price. For this period, the record low is approximately $23 (at the beginning of the chart). that a record can relate to a , a month, a week, or even just one trading day, so it is important to understand the period of time to which a record corresponds.
Why it Matters:
Record lows usually correspond with bad news about and less interest in a company. Additionally, they often trigger considerable selling record highs and lows., which can drive a price even lower. Accordingly, many traders are keenly aware of which are approaching