# Overview

<figure><img src="https://3870127617-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCBVnUk5c5TVytimjy972%2Fuploads%2Fgit-blob-e5486e237008c6eeb60c513a5bd104504bc89772%2Fdocs-ath-drawdown-001.png?alt=media" alt=""><figcaption></figcaption></figure>

CandelaCharts — ATH Drawdown measures how far price sits from its All-Time High in real time, plotting percent drawdown from a running ATH—0% at the peak, negative below—to support cycle analysis, risk framing, systematic DCA, and capitulation-zone detection across any asset and timeframe.

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[features](https://docs.candelacharts.com/investing/risk-and-portfolio-management/ath-drawdown/features)
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{% content-ref url="usage" %}
[usage](https://docs.candelacharts.com/investing/risk-and-portfolio-management/ath-drawdown/usage)
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[confluences](https://docs.candelacharts.com/investing/risk-and-portfolio-management/ath-drawdown/confluences)
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[faqs](https://docs.candelacharts.com/investing/risk-and-portfolio-management/ath-drawdown/faqs)
{% endcontent-ref %}

In short, CandelaCharts — ATH Drawdown gives you an objective, always-on gauge of cycle depth so you can time accumulation, manage risk, and compare assets with conviction.