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If a stock price hits its 52 weeks minimum /maximum , will it rise or drop?

If a stock price hits its 52 weeks minimum (maximum), what is more likely,
the price will rise or drop in the next month?

We investigated data for 3 major USA stocks markets (NYSE,NASDAQ,AMEX),
selecting the cases when 52 weeks low or high values have been changed
compare to the previous month and looked what happend with those stocks in
the next month.

It appears, market trend makes substantial impact on the price move.
Despite, as one can see in the Figure 1, if price updated its 52 weeks
minimum its fall continuing is more likely than a price decrease in
general case. While if price updated its 52 weeks maximum, its trend
change in the nearest month is less likely than for the general case and
it has even more notable difference with the 'hit minimum' case.

Apparently, very similar tendency one can see for stock price increase (Figure 2).

Therefore, if a stock price hits its minimum, it's hard to say
whether it will go up or down in the next month
but its volatility increases, in other words, it will rather go up or
down than stay the same.
When price hits max it gets less volatile and rather will
stay the same (+/- 1-5%) in the nearest month (Figure 3).

Figure 1

This figure shows fraction of cases where price decreased in the next
month for more than predefined threshold (here 5%), for the cases when 52
weeks minimum has been updated ('hit min'), 52 weeks maximum has been   
updated ('hit max'), and no extra conditions (all). The date points when
the data has been collected.

Figure 2  

This figure shows fraction of cases where price increased in the next
month for more than predefined threshold (here 5%),for the cases when 52
weeks minimum has been updated ('hit min'), 52 weeks maximum has been
updated ('hit max'), and no extra conditions (all).
The date points when the data has been collected.

Figure 3

This figure shows fraction of cases where price in the next month stayed
close to one in the current month(date) (within +/- 5%), for the cases
when 52 weeks minimum has been updated ('hit min'), 52 weeks maximum has been
updated ('hit max'), and no extra conditions (all).
The date points when the data has been collected.