High Low Close Calculator
The High-Low-Close (HLC) calculator is an essential tool for traders and investors to analyze price action and make informed decisions. It helps identify trends, support, and resistance levels.
- Enter the high, low, and close prices for the period you want to analyze.
- Click the ‘Calculate’ button.
- View the results and chart below.
The HLC calculator uses the following formula to calculate the HLC indicator:
HLC = (High + Low + Close) / 3
Real-World Examples
Let’s analyze three scenarios:
- Bullish trend: High = $105, Low = $100, Close = $104 → HLC = $103.33
- Bearish trend: High = $95, Low = $90, Close = $92 → HLC = $92.67
- Sideways market: High = $100, Low = $98, Close = $99 → HLC = $99.33
Data & Statistics
| Period | HLC | SMA (14) |
|---|---|---|
| Day 1 | $102.50 | $101.89 |
| Day 2 | $104.25 | $102.45 |
| Day 3 | $103.17 | $103.12 |
| Period | HLC | RSI (14) |
|---|---|---|
| Day 1 | $102.50 | 55.67 |
| Day 2 | $104.25 | 62.34 |
| Day 3 | $103.17 | 58.21 |
Expert Tips
- Use HLC in conjunction with other indicators for better analysis.
- Watch for HLC divergence with price action for potential trend reversals.
- Consider using HLC with other momentum indicators like RSI or MACD.
What is the difference between HLC and SMA?
HLC is a momentum indicator that focuses on the high, low, and close prices, while SMA is a trend-following indicator that smooths price data over a specific period.
How can I use HLC to identify trends?
In an uptrend, the HLC will typically be above the previous HLC. In a downtrend, the HLC will usually be below the previous HLC.
For more information on technical analysis, visit the Investopedia guide and the BLS article.