CompanyGraph
Use to find companies where this pattern is active.
Three observations co-occur: the most recent close is within 5% of the all-time high in the available price record, ADX directional-movement asymmetry is elevated, and the 60-week sum of volume-weighted percentage returns is net positive.
State
Close within 5% of the all-time high, with ADX directional-movement asymmetry elevated and a net-positive volume-weighted returns sum (60w)
Emergence
Three observations co-occur: the most recent close is within 5% of the all-time high in the price record, ADX directional-movement asymmetry is elevated (smoothed +DI/-DI asymmetry, direction-agnostic), and the 60-week sum of volume-weighted percentage returns is net positive. The configuration records position relative to a historical extreme together with lopsided directional movement and recent volume-weighted return aggregation. The proximity-to-high and volume obs supply direction; ADX does not.
Limits
This interpretation records a positional configuration, not a breakout, not a forecast. The proximity reading is to the all-time high in the available history — companies with short price records can fire on a record that is itself young. ADX is direction-agnostic — an elevated reading says directional movement has been lopsided but not which way. None of the three observations predicts a new high will be made or that the configuration will persist. Prices near all-time highs reverse frequently.
Explanation
Each observation is an independent reading: Close Near All-Time Extreme (Direction-Specific, High Instance) measures proximity of the current close to the all-time high in the available price history, with a 5% threshold band. Score 100 means the current close is at the all-time high; score 0 means it is more than 5% below. A firing score (>= 70) means the current close is well within the upper portion of that band. The all-time high is the highest value in the record available to the system; a company with only a few years of history can fire on a high established within that short window. 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. When all three align, the configuration places the price near a historical extreme alongside lopsided directional movement and the 60-week aggregated volume-weighted price action. The observations do not predict whether a new high will be made, whether the proximity is maintained, or whether the configuration continues.
Interpretation
This interpretation records position near a historical extreme alongside two present-state observations. It does not predict a new high will be made, guarantee continuation, or claim the configuration is 'structurally backed'. Prices near all-time highs reverse frequently, and the 'all-time' reference is to the available price history rather than to a universally long record.
Required Observations
Adx Standard
Smoothed asymmetry between positive and negative directional movement, direction-agnostic
Near All Time High
How close the price is to its all-time extreme within a percentage band, in the direction this instance detects.
Volume Price Trend
Cumulative volume × percentage-return sum is net positive over the recent window