Daily Low

Business, Legal & Accounting Glossary

Definition: Daily Low


Daily Low

Quick Summary of Daily Low


The lowest price reached by a given security, index, or commodity during a given day.




Full Definition of Daily Low


The daily low is the lowest price paid for an equity during a given trading day.

On the surface, it would appear that determining the daily low for a stock would be a simple matter. However, as stock trading evolves the precise determination of a stock’s daily low is not as certain as it once was. The problem is not so much the definition of the term daily low as it is in defining a trading day. When the majority of equity markets were open from 9:30 am to 4 pm New York time, determining a stock’s daily low posed no problem. Today, with pre and after-market trading, there can legitimately be some confusion as to what constitutes a stock’s daily low. For traders who rely on a specific daily low for stock timing or other needs, it is important to determine what trading hours a data provider uses to determine a stock’s daily low.


Related Phrases


low
daily high


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March 29, 2024 https://payrollheaven.com/define/daily-low/.
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https://payrollheaven.com/define/daily-low/ (accessed: March 29, 2024).
American Psychological Association (APA):
Daily Low. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/daily-low/

Definition Sources


Definitions for Daily Low are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 29th October, 2021 | 0 Views.