When 52-week highs and lows are relatively balanced, it’s a sign that investors are uncertain about the future direction of stocks. According to Stocktwits, there were 76 52-week highs on Tuesday, four more than the 52-week lows.
I've been writing about stocks hitting 52-week highs and lows for at least a year, probably more. It's not often that you see this kind of balance between the two.
