What it is:
A record high is the highest price a security achieves in a given time period.
How it works (Example):
Let's look at this random chart for Cisco Systems (CSCO). Note the jagged line, which reflects the stock price. For this period, the record high is approximately $82. 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 highs usually correspond with good news about and more interest in a company. Additionally, they often trigger considerable buying