# Distance From Highs

## What Is the Distance From Highs Indicator? <a href="#what_is_the_distance_from_highs_indicator" id="what_is_the_distance_from_highs_indicator"></a>

During an uptrend, it can be helpful to know how far a security's price is relative to a previous high. It can give you some idea of how much higher a security’s price will move. And if you're a trader who likes to open a long position when price has broken above a significant high, then knowing how far price is from that high can be useful for timing your trade entries. The Distance From Highs indicator in StockChartsACP indicates how far a security's price is from its 52-week, 9-month, 6-month, or 3-month high.

## Charting Distance From Highs <a href="#charting_distance_from_highs" id="charting_distance_from_highs"></a>

The Distance From Highs indicator can be charted on StockChartsACP. Here's how you add the indicator to your chart.

* From **Chart Settings** in the left menu bar, under **Add Indicator**, scroll down and click **Distance From Highs**.
* Select either the 52-week high, 9-month high, 6-month high, or 3-month high from the Distance From dropdown menu.
* From the High Definition dropdown menu, you can choose whether to use the closing high or intraday high.
* Select Line Style (auto, solid, dashed, histogram, area, dots, etc.).
* Select Color of your choice for the indicator display.

The indicator will be displayed in a separate panel that can be placed above the price, below the price, or overlaid on the price chart. If displayed in a separate panel you can see the distance from a high is expressed as a percentage. This is because using percentages makes it easier to compare different securities across different timeframes. For example, in the chart below, price recently hit a 52-week high and is now pulling back. The Distance From 52-Week High indicator shows that price is 1.91% below its 52-week high.

<figure><img src="https://436553459-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FERtrZrZOhufFzk6ZQO4B%2Fuploads%2F1I5JuZI4Yiklh0ZTt5Z5%2Fdistance_from_highs_f1.jpg?alt=media&#x26;token=6f59eea4-18f1-4e3d-962d-4c6a8b229148" alt=""><figcaption></figcaption></figure>

You could scroll through your ChartLists and identify securities close to their 52-week, 9-month, 6-month, or 3-month highs. That will give you an idea of how far price is from a specific high and how much price could move.
