| Description |
The day range returns the difference between the high and low prices of the day, represented as a percent of the average of the high and low. For example, if the high was 11 and the low was 9. The difference between the high and low is 2. Represented as a percent, the day range is: (11- 9) / ((11 + 9) / 2) = 20%.
The average day range computes a simple average of the day range over a given number of days. This value is also represented as a percent of the closing price.
Finally, the day point range is the actual price difference between the high and low of the day. The day point range is not converted to a percent. |
