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Definition
52-week high distance
How far the sector ETF closes below its highest close of the past 252 trading days, expressed as a negative percent. 0% means the ETF is at a fresh 12-month high; -10% means it is 10% below the peak.
Definition
How far the sector ETF closes below its highest close of the past 252 trading days, expressed as a negative percent. 0% means the ETF is at a fresh 12-month high; -10% means it is 10% below the peak.