WLL 2021

Base: consolidation before the breakout. Depth measures the distance from the pivot to the lowest closing price in that period. Calculated runs examine at most 119 preceding trading days.

Base: consolidation before the breakout. Depth measures the distance from the pivot to the lowest closing price in that period. Calculated runs examine at most 119 preceding trading days.

Price advance before the base. Calculated runs compare the pivot with a closing price around 60 trading days before the base.

Pivot: the breakout level marked on the chart. For calculated runs, it is the highest daily high over the preceding 20 trading days.

Breakout day volume divided by average daily volume over up to 50 preceding trading days. 3× means three times that reference volume.

Advance from the lowest closing price before the confirmed yearly peak to that peak. Both points are identified in hindsight. This is not an achieved trading return.

Price change from the first stored opening price to the last stored closing price of the calendar year. Costs and taxes are not included.

Largest closing price decline from a preceding closing high within the calendar year. It does not necessarily occur after the marked breakout.

Average Daily Range: daily high to low range as a percentage of the low, averaged over 20 trading days. Calculated runs show the median of those values during the calendar year, not the current ADR.