from mid-July to August, it traded really tight, but strictly speaking, it did not put in a minimum 25 trading days of work to form a flat base. To me it’s just sideways action. Hope this helps! Cheers, HatMan Dave — https://www.investors.com/how-to-invest/investors-corner/counting-bases-is-a-crucial-skill-in-playing-long-winning-stock-rallys/
were a fraction of the S&P 500; you can see the P-E vs the 500 on the weekly chart in MS.