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Three observations co-occur: the recent count of consecutive up-close weeks is at or near the configured ceiling, ADX directional-movement asymmetry is elevated, and the 60-week sum of volume-weighted percentage returns is net positive. The configuration is descriptive, not predictive.
State
Run of consecutive up-close weeks alongside elevated ADX directional-movement asymmetry and a net-positive volume-weighted returns sum (60w)
Emergence
Three observations co-occur: the most recent run of consecutive up-close weeks is at or near the configured ceiling, ADX directional-movement asymmetry is elevated (smoothed +DI/-DI asymmetry over the lookback, direction-agnostic), and the 60-week sum of volume-weighted percentage returns is net positive. The three describe a present-state combination of recent up-week run-length, lopsided directional movement, and recent volume-weighted return aggregation. The streak and the volume-weighted sum are direction-up readings; ADX itself does not record direction.
Limits
This interpretation records a co-occurring configuration, not a continuation forecast. None of the three observations predict the run will continue. The underlying streak data is weekly, not daily; this instance is the 4-week ceiling variant. ADX is direction-agnostic — an elevated reading says directional movement has been lopsided but not which way; here the streak and the volume-weighted-returns sum supply direction. The volume-weighted returns sum is a backward-looking aggregation; a net-positive sum can be carried by a small number of large up-weeks on heavy volume even when the most recent weeks have weakened. Streaks of up-close weeks end frequently.
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Explanation
Each observation is an independent reading: Consecutive Weeks Up counts the most recent run of consecutive weeks where the close was higher than the prior week's close, then scales the count against a ceiling of 4. Score 100 means the trailing 4 weeks were all up-close. The 'streak' framing is conventional vocabulary; the formula reads a structural fact (an unbroken sequence) and does not assert the streak will continue. Sustained Directional-Movement Asymmetry (ADX) smooths the asymmetry between positive and negative directional movement over the lookback. A high score means directional movement has been lopsided; the observation does not record which side dominates. Volume-Weighted Returns Sum Net Positive (60w) sums the most recent 60 weeks of volume-weighted percentage returns and centers the result at 50. A firing score (>= 70) means the sum is net positive over the 60-week window. A net-positive sum aggregates the whole window — it does not require the most recent weeks to have been up. When all three align, the configuration records a recent up-close run, lopsided directional movement, and the 60-week aggregated volume-weighted price action. The observations do not predict whether the run continues, the asymmetry persists, or the sum stays positive.
Interpretation
This interpretation records a co-occurring configuration of recent up-close run-length, present-state SMA configuration, and net-positive aggregated volume-weighted returns. It does not predict the run will continue, guarantee further gains, or claim the configuration is 'structurally backed'. Streaks of up-close weeks end frequently.
Required Observations
Sustained Directional-Movement Asymmetry (ADX)
Movement in one direction has consistently outpaced the other over recent weeks, whichever direction that is.
Consecutive Weeks Up
The close has risen for at least three weeks in a row.
Volume-Weighted Returns Sum Net Positive (60w)
Volume-weighted price moves over the last 60 weeks add up positive.