Use to find companies where this pattern is active.
Three present-state observations co-occur: the current close sits within 5% of the all-time high, a within-60-week composite of three second-half-vs-first-half asymmetries (price move smaller, volatility lower, volume lower) is firing, and 1-year annualized volatility is in the upper portion of its mapped range. The configuration describes co-occurring readings; it does not predict whether the prior advance will continue, consolidate, or reverse.
State
Close within 5% of the all-time high, recent half of the 60-week window shows smaller price move, lower volatility, and lower volume than the earlier half, and 1-year annualized volatility is in the upper portion of its mapped range
Emergence
Three present-state observations co-occur. The current close sits within 5% of the all-time high. Within a 60-week window, the recent segment's price move is smaller than the earlier segment, the recent half's weekly volatility is lower than the earlier half's, and the recent half's volume is lower than the earlier half's. Separately, annualized weekly-return volatility over the trailing 52 weeks is in the upper portion of its mapped range. The configuration places price proximity to the all-time high alongside a within-window second-half asymmetry composite and an elevated 1-year volatility reading.
Limits
This interpretation records co-occurring readings, not reversal prediction or trend-stage diagnosis. The proximity obs records only the close-to-extreme distance; it does not measure whether the close will reach a new high or fall back. The 'trend-exhaustion' obs is conventional TA vocabulary for the underlying within-window asymmetry composite; the formula records geometric facts about the 60-week lookback (smaller recent price move, lower recent volatility, lower recent volume), not a measure of how much further the prior trend can extend. The annualized-volatility obs records realized dispersion of weekly returns; it does not predict future variance. The combination can persist with continued advance, consolidate, or reverse; the obs do not establish which.
Explanation
Each observation is an independent present-state reading: Close Near All-Time High (typeKey 'near-all-time-high') fires when the current close sits within 5% of the all-time high across all available price history. The obs records the present-state distance to the extreme; it does not measure follow-through. Recent Half of 60-Week Window: Smaller Price Move, Lower Volatility, Lower Volume is a within-window composite of three second-half-vs-first-half asymmetries: recent-segment price move smaller than the earlier segment, recent-half weekly volatility lower than the earlier-half, and recent-half volume lower than the earlier-half. The composite reads geometric facts about the 60-week lookback; it does not establish that the prior advance is in any specific stage. High Annualized Volatility of Weekly Returns (1Y) (typeKey 'annualized-vol-1y') is the annualized standard deviation of weekly log returns over the trailing 52 weeks. A high score means realized dispersion has been wide; the obs does not predict future variance. The configuration places price proximity to the all-time high alongside a within-window asymmetry composite and elevated realized volatility. The conventional 'apparent near high vs structural exhaustion' framing maps this combination to a coming-reversal claim; the underlying formulas record only the present-state readings and do not establish that the prior advance is in any specific stage.
Interpretation
This interpretation records a co-occurrence of three present-state observations, not a reversal prediction or trend-stage diagnosis. It does not claim the stock will fail at the high, predict a decline, or assess whether the within-window asymmetry composite will persist.
Required Observations
Annualized Vol 1y
Weekly returns have shown unusually high dispersion (annualized volatility ≥ 70%) over the lookback window.
Near All Time High
How close the price is to its all-time extreme within a percentage band, in the direction this instance detects.
Trend Exhaustion
Recent half of a 60-week window shows smaller price move, lower volatility, and lower volume than the earlier half