A very simple method to determine if a company is in the moment of greatest strength is to check if it has just reached a new high. For example, to know if the company is in the moment of greatest strength in its entire history, it is necessary to check whether it has just reached a new all-time high, or a price / market capitalization never reached before.
The length of time to consider to check if it has reached a new high depends on the goal. Here are the periods to consider based on 4 main goals:
- Maximum Short-term strength:
- Maximum Short/Medium term strength:
- Maximum Medium-term strength:
- Maximum Long-term strength:
Within this article we will focus on Maximum Short-term strength, so we will only consider companies that have just reached a New 1-Month High.
