In technical analysis, HH and HL are shorthand for:
🔺 HH = Higher High
This means the current high is higher than the previous high.
It shows increasing bullish strength — buyers are pushing prices higher than before.
🔻 HL = Higher Low
This means the current low is higher than the previous low.
It shows that during pullbacks, sellers can’t push the price as low as before — a bullish sign.
📈 Together: HH + HL = Uptrend
An uptrend is defined by a series of Higher Highs (HH) and Higher Lows (HL).
Example (prices in order):
iniCopyEditLow1 = 100
High1 = 110
Low2 = 105 ← HL
High2 = 115 ← HH
Low3 = 110 ← HL
High3 = 120 ← HH
This pattern suggests the stock is trending upward, and traders may look to buy on HL pullbacks.
❗Opposites
- LH = Lower High → bearish signal
- LL = Lower Low → bearish signal
- LH + LL = Downtrend