Price is above 12% of the ribbon · 68% of days were at or above that
Scroll or drag to move the time axis · hold shift for the value axis · drag either slider
tech-v3 · Eight averages from 20 to 350 days. The line on the right axis is the share of them price currently sits above — bounded 0-1 by construction, so it needs no normalisation and cannot be rescaled by a later extreme.
Price is above 12% of the ribbon · 68% of days were at or above that
Every value plotted for a past date could have been computed on that date. Normalised series expand their window rather than scaling against the full history, so nothing here is drawn using information that did not exist yet — which is also why the early years of a normalised series are dropped rather than shown against a range of one.