Cryptocurrency Q&A What is daily closing range?

What is daily closing range?

Dario Dario Sat Dec 21 2024 | 5 answers 1256
I'm trying to understand the concept of daily closing range in the financial market. Could someone explain what it means and how it's calculated? What is daily closing range?

5 answers

Martino Martino Mon Dec 23 2024
Closing Range represents a metric that indicates the proximity of the closing price to the daily low, in relation to the overall daily price range.

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CryptoLodestarGuard CryptoLodestarGuard Mon Dec 23 2024
This percentage provides traders with valuable insight into where the closing price falls within the day's trading activity.

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SsangyongSpirit SsangyongSpirit Mon Dec 23 2024
By understanding the Closing Range, traders can gain a better grasp of the market's sentiment and momentum.

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InfinityVoyager InfinityVoyager Mon Dec 23 2024
Range Expansion, on the other hand, measures the percentage change in the daily price range compared to the previous day.

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Nicolo Nicolo Sun Dec 22 2024
This metric allows traders to identify trends in volatility and potential shifts in market conditions.

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