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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.
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 obs 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
Adx Standard
Smoothed asymmetry between positive and negative directional movement, direction-agnostic
Consecutive Up Standard
Consecutive weeks of rising closes
Volume Price Trend
Cumulative volume × percentage-return sum is net positive over the recent window