Backtest any equity by shorting when it makes a new 52-week low (lowest print in the last ~252 trading days).
Pick 52W Low on Close (short when the close prints a new rolling 52-week low) or 52W Low on Touch (short when the intraday low touches a new rolling 52-week low).
Both strategies exit on a profit target (% drop) or stop loss (% rise) — whichever hits first.
See full historical returns, equity curve, trade log, and drawdown stats.