CompanyGraph
Use to find companies where this pattern is active.
Three observations have aligned: the current close is within 1% of the 52-week high (near-extreme-high binary obs firing), the volume-spike obs is firing, and ADX directional-movement asymmetry is in the upper portion of its mapped range.
State
Close within 1% of 52-week high, volume-spike firing, ADX asymmetry elevated
Emergence
Three observations co-occur. The current close sits within 1% of the 52-week high (the obs is a binary near-extreme reading, fires when close >= 99% of the 52-week high). The volume-spike obs is firing — current-week volume is well above the 30-week baseline. ADX directional-movement asymmetry is in the upper portion of its mapped range. The proximity obs supplies the up-direction reading; the volume obs is direction-agnostic single-week elevation; ADX itself does not record direction.
Limits
This interpretation records three present-state observations near the 52-week high. It does not predict continuation, assess valuation, or indicate entry timing. The near-extreme-high obs is binary (close within 1% of high) — it does not establish that a new high was actually made this period, only that the close is at or just below the 52-week high. The volume obs is a single-week deviation from the 30-week baseline, not a sustained-volume reading. ADX is direction-agnostic — an elevated reading says directional movement has been lopsided but not which way. Stocks at or near the 52-week high can either continue, consolidate, or reverse.
Explanation
Each observation reads a different aspect of recent price-and-volume behavior: Close Near 52-Week High (Binary) is a binary observation that fires when the current close is within 1% of the highest close in the past 52 weeks. The obs does not require the close to actually exceed the prior high — just to be within the threshold. Volume Spike is current-week volume divided by the 30-week average volume. A high score means current-week volume is well above the 30-week baseline. The obs is a single-week deviation reading and does not record direction. 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. When all three align, the configuration is a present-state co-occurrence of price near the 52-week high, elevated current-week volume, and lopsided directional movement — a one-period reading, not a continuation prediction. (Wave 47 substitutions: 'trend-strength' phantom obs replaced with adx-standard; 'breakout-volume-surge' phantom obs replaced with volume-breakout-standard.)
Interpretation
Co-occurrence of a near-52-week-high reading, a volume-spike reading, and elevated ADX asymmetry. The formulas record present configuration; they do not forecast.
Required Observations
Adx Standard
Smoothed asymmetry between positive and negative directional movement, direction-agnostic
Near Extreme High
Current close is at or near a 52-week extreme, in the direction this instance detects.
Volume Spike
Current period volume relative to historical average volume