> For the complete documentation index, see [llms.txt](https://chartschool.stockcharts.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://chartschool.stockcharts.com/table-of-contents/technical-indicators-and-overlays/technical-overlays/lowest-low-value.md).

# Lowest Low Value

## What Is the Lowest Low Value Overlay? <a href="#what_is_the_lowest_low_value_indicator" id="what_is_the_lowest_low_value_indicator"></a>

The Lowest Low Value overlay plots the lowest price reached in a specific lookback period. Previous lows can act as a natural support line, and chartists may use them to define entry or exit points.

<figure><img src="/files/TZy3EbDFV622Kw7RWsvv" alt=""><figcaption></figcaption></figure>

## Calculating the Lowest Low Value

The calculation is extremely simple. For each data point, find the lowest low achieved during the specified number of lookback periods.

{% hint style="warning" %}
**Note:** As the name implies, the Lowest Low Value overlay uses the lowest intraday low value, rather than the lowest closing value.
{% endhint %}

The default lookback period for this overlay is set to 14 periods, but this can be adjusted for your preferred investing timeframe. To use the 52-week low, choose 52 periods on a weekly chart or 252 periods on a daily chart.

## Interpreting the Lowest Low Value <a href="#trading_with_lowest_low_value" id="trading_with_lowest_low_value"></a>

If the security continues to make new lows, the Lowest Low Value line will continue moving downward as new lows are set. If the security is no longer making new lows, the line flattens out and starts turning up as older lows are dropped from the calculation. Once prices drop again, they will move towards the Lowest Low Value line once again.

Previous lows often act as a natural support line. There must be significant negative momentum for price to continue pushing below a previous low. The longer the lookback period, the more resistance there will be to dropping below that long-term low.

<figure><img src="/files/tJSMXeeldqlLNlRsW0uB" alt=""><figcaption></figcaption></figure>

In the chart above, AMD drops dramatically and begins setting new lows in June, pushing the LLV line lower. After that initial push, however, it did not really break dramatically below the line. Instead, price bounced off the line several times between June and October, dropping a little further each time, resulting in a stair-step pattern to the LLV line.&#x20;

Because the lowest low is by definition an extreme price level, the Lowest Low Value can be used to identify long entry points or exit points when shorting. If price is approaching or surpassing the LLV line, use other indicators to determine the strength of the downward move. If it's weak, this could indicate a coming reversal and a good time to enter a long position.

## The Bottom Line

The Lowest Low Value often acts as potential support line, so it can be a useful tool for identifying potential downtrend reversals and entry/exit points. Not all support lines hold, though, so it is important to use other indicators and analysis techniques along with the Lowest Low Value to assess the strength of the move.

## Charting the Lowest Low Value <a href="#charting_the_lowest_low_value" id="charting_the_lowest_low_value"></a>

### Using with StockChartsACP

This overlay can be added from the Chart Settings panel for your StockChartsACP chart. Chartists often plot both the [Highest High Value](/table-of-contents/technical-indicators-and-overlays/technical-overlays/highest-high-value.md) and the Lowest Low Value on the same chart, as shown below. Taken together, these can act like support and resistance bands encompassing the recent trading range.

<figure><img src="/files/cFJTpCuEGovFlmRZlvvA" alt=""><figcaption></figcaption></figure>

[Click here for a live version of this chart.](https://schrts.co/bCbZDmvc)

By default, this overlay looks for the lowest low across the last 14 periods, but this parameter can be adjusted to meet your technical analysis needs.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://chartschool.stockcharts.com/table-of-contents/technical-indicators-and-overlays/technical-overlays/lowest-low-value.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.