The latest close is below the activity area established before the last four weeks. 4 of those four closes were below that area. Recent volume balance is negative; the estimated activity centre is lower.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 2026-10-09
Heavy volume, limited progress
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-3.6%-14.5% over thirteen weeks
Latest relative volume3.50ร3.28ร recent four-week median
Closing pressure-14.7%Volume-weighted position within weekly ranges
Up-week volume share11.6%54.4% in declining weeks ยท last 13 weeks
At least twice normal volume
Price and pressure through time
Compare four-week returns with four-week closing pressure. Opposite signs reveal disagreement; agreement alone is not predictive.
View weekly evidence values
Week
4-week return
Pressure
Relative volume
2025-10-17
1.5%
-8.4%
1.30ร
2025-10-24
9.8%
48.5%
2.65ร
2025-10-31
-1.6%
25.6%
2.04ร
2025-11-07
-16.7%
-36.1%
3.75ร
2025-11-14
-9.0%
-36.7%
1.49ร
2025-11-21
-12.5%
-78.1%
0.81ร
2025-11-28
-1.6%
-52.4%
1.17ร
2025-12-05
3.3%
2.5%
0.64ร
2025-12-12
0.0%
12.1%
0.49ร
2025-12-19
5.0%
38.9%
0.26ร
2025-12-26
3.2%
-3.8%
0.05ร
2026-01-02
8.1%
1.3%
0.30ร
2026-01-09
11.5%
27.7%
0.67ร
2026-01-16
3.9%
-23.9%
0.55ร
2026-01-23
3.1%
-23.3%
0.33ร
2026-01-30
-4.5%
-58.3%
0.30ร
2026-02-06
-10.3%
-75.9%
0.72ร
2026-02-13
-1.5%
-19.0%
0.54ร
2026-02-20
-1.5%
-9.6%
0.56ร
2026-02-27
4.7%
15.6%
1.11ร
2026-03-06
6.6%
51.2%
1.42ร
2026-03-13
-3.1%
20.0%
0.93ร
2026-03-20
0.0%
34.0%
0.89ร
2026-03-27
-9.1%
11.9%
0.70ร
2026-04-03
-9.5%
-28.7%
0.69ร
2026-04-10
-5.0%
-5.5%
0.61ร
2026-04-17
-6.4%
-50.3%
0.37ร
2026-04-24
1.7%
-69.0%
2.39ร
2026-05-01
7.0%
-72.6%
1.33ร
2026-05-08
6.9%
-70.6%
0.52ร
2026-05-15
3.4%
-72.3%
0.35ร
2026-05-22
0.0%
-59.0%
1.06ร
2026-05-29
-1.6%
-16.2%
0.20ร
2026-06-05
-8.1%
-76.0%
1.16ร
2026-06-12
-3.3%
-61.9%
0.32ร
2026-06-19
-3.3%
-41.5%
0.14ร
2026-06-26
0.0%
-42.9%
0.67ร
2026-07-03
1.8%
-21.7%
0.56ร
2026-07-10
5.1%
-61.6%
0.38ร
2026-07-17
10.3%
-50.0%
0.82ร
2026-07-24
8.3%
-66.0%
0.39ร
2026-07-31
11.5%
-3.9%
0.81ร
2026-08-07
-0.4%
7.2%
0.41ร
2026-08-14
-5.0%
18.0%
0.17ร
2026-08-21
-6.5%
15.9%
0.30ร
2026-08-28
-13.4%
-45.7%
1.79ร
2026-09-04
-9.3%
-35.9%
0.82ร
2026-09-11
-9.5%
-69.5%
3.85ร
2026-09-18
-9.5%
-51.9%
3.32ร
2026-09-25
-1.7%
-51.6%
0.73ร
2026-10-02
-5.4%
-36.2%
4.93ร
2026-10-09
-3.6%
-14.7%
3.50ร
Does support survive a longer view?
Advancing-week volume share against price return and closing pressure.
A high advancing-volume share alongside weak closing pressure can mean price rose between closes but finished low within its weekly ranges. The two measures answer different questions.
Effort and result
100% price efficiency
Four-week net price movement as a share of the total close-to-close path. Lower readings indicate more back-and-forth movement, regardless of volume.
Latest close: 33% of the way from the weekly low to high.
Volume-weighted return tilt
-0.50 percentage points
The volume-weighted average weekly return minus the ordinary average over thirteen weeks. Positive means more volume coincided with stronger returns; negative means volume leaned toward weaker returns.
An association within this listing, not measured capital flow.
Constructive confirmation
2.9 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume2.9 / 25
Volume confirmation0.0 / 15
Fixed weights favour supported advances. A low score can still contain useful bearish or reversal research.
Test the volume contribution
Did heavier trading change what followed?
Compare high-volume and ordinary-volume weeks with the same price direction.
High volume is at least 1.5ร its preceding 26-week median; ordinary volume is 0.75โ1.25ร. Returns start at that weekโs close. Each group uses non-overlapping completed outcomes.
Starting observation
After
High-volume examples
Median return
Ordinary examples
Median return
Difference
Advancing weeks
4 weeks
19
0.0%
21
0.0%
0.0 points
Advancing weeks
13 weeks
12
4.7%
9
4.2%
0.5 points
Declining weeks
4 weeks
22
-1.3%
22
2.2%
-3.5 points
Declining weeks
13 weeks
12
4.2%
12
3.2%
1.0 points
At least eight completed examples in both groups are required. Groups may overlap each other, and differ in volatility, trend and market conditions; their difference is not a causal volume effect or a statistical claim of edge. Up to six years of available history; price returns exclude dividends, costs and execution. Fixed definitions have not been validated out of sample.
Inspect the dated observations
Advancing weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-23
2021-08-20
4.1%
High volume
2021-10-29
2021-11-26
-13.8%
High volume
2022-03-25
2022-04-22
6.4%
High volume
2023-03-03
2023-03-31
4.4%
High volume
2023-04-07
2023-05-05
-4.1%
High volume
2023-08-04
2023-09-01
2.2%
High volume
2023-09-01
2023-09-29
-6.6%
High volume
2023-12-01
2023-12-29
2.4%
High volume
2024-02-23
2024-03-22
2.2%
High volume
2024-03-22
2024-04-19
-6.7%
High volume
2024-06-28
2024-07-26
-4.6%
High volume
2024-07-26
2024-08-23
0.0%
High volume
2025-03-21
2025-04-18
-0.1%
High volume
2025-05-16
2025-06-13
10.0%
High volume
2025-06-20
2025-07-18
16.1%
High volume
2025-07-18
2025-08-15
10.8%
High volume
2025-09-05
2025-10-03
-7.3%
High volume
2025-10-10
2025-11-07
-16.7%
High volume
2026-04-24
2026-05-22
0.0%
Ordinary volume
2021-05-14
2021-06-11
9.3%
Ordinary volume
2021-06-11
2021-07-09
-4.3%
Ordinary volume
2021-07-30
2021-08-27
1.9%
Ordinary volume
2021-10-01
2021-10-29
13.7%
Ordinary volume
2021-12-17
2022-01-14
-3.8%
Ordinary volume
2022-02-11
2022-03-11
-9.4%
Ordinary volume
2022-04-01
2022-04-29
0.0%
Ordinary volume
2022-11-04
2022-12-02
0.0%
Ordinary volume
2022-12-23
2023-01-20
-1.0%
Ordinary volume
2024-01-19
2024-02-16
2.3%
Ordinary volume
2024-08-30
2024-09-27
6.9%
Ordinary volume
2024-09-27
2024-10-25
-4.4%
Ordinary volume
2024-11-15
2024-12-13
6.5%
Ordinary volume
2024-12-13
2025-01-10
0.0%
Ordinary volume
2025-01-24
2025-02-21
2.0%
Ordinary volume
2025-02-21
2025-03-21
-3.9%
Ordinary volume
2025-10-03
2025-10-31
-1.6%
Ordinary volume
2025-11-28
2025-12-26
3.2%
Ordinary volume
2026-02-27
2026-03-27
-9.1%
Ordinary volume
2026-07-17
2026-08-14
-5.0%
Ordinary volume
2026-09-04
2026-10-02
-5.4%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-23
2021-10-22
8.1%
High volume
2021-10-29
2022-01-28
-13.8%
High volume
2022-03-25
2022-06-24
-2.1%
High volume
2023-03-03
2023-06-02
2.2%
High volume
2023-08-04
2023-11-03
-2.2%
High volume
2023-12-01
2024-03-01
7.1%
High volume
2024-03-08
2024-06-07
-7.0%
High volume
2024-06-28
2024-09-27
9.4%
High volume
2025-03-21
2025-06-20
16.6%
High volume
2025-06-20
2025-09-19
21.2%
High volume
2025-10-10
2026-01-09
-5.6%
High volume
2026-04-24
2026-07-24
8.3%
Ordinary volume
2021-05-14
2021-08-13
23.3%
Ordinary volume
2021-10-01
2021-12-31
5.9%
Ordinary volume
2022-02-11
2022-05-13
-5.6%
Ordinary volume
2022-11-04
2023-02-03
-1.0%
Ordinary volume
2024-01-19
2024-04-19
-0.4%
Ordinary volume
2024-08-30
2024-11-29
9.2%
Ordinary volume
2024-12-06
2025-03-07
4.2%
Ordinary volume
2025-10-03
2026-01-02
4.7%
Ordinary volume
2026-02-27
2026-05-29
-7.6%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-18
2021-07-16
-2.2%
High volume
2021-09-03
2021-10-01
-0.1%
High volume
2022-01-28
2022-02-25
-2.0%
High volume
2022-02-25
2022-03-25
-0.1%
High volume
2022-04-08
2022-05-06
-2.0%
High volume
2022-05-06
2022-06-03
0.0%
High volume
2022-07-29
2022-08-26
0.0%
High volume
2022-11-18
2022-12-16
-2.1%
High volume
2023-01-27
2023-02-24
-4.3%
High volume
2023-02-24
2023-03-24
6.7%
High volume
2023-04-14
2023-05-12
-4.2%
High volume
2023-05-12
2023-06-09
-1.1%
High volume
2023-08-11
2023-09-08
1.1%
High volume
2023-11-24
2023-12-22
2.5%
High volume
2024-02-09
2024-03-08
4.6%
High volume
2024-03-29
2024-04-26
-6.7%
High volume
2024-05-10
2024-06-07
0.0%
High volume
2024-06-21
2024-07-19
-5.0%
High volume
2025-03-14
2025-04-11
4.1%
High volume
2025-08-22
2025-09-19
-4.4%
High volume
2025-10-31
2025-11-28
-1.6%
High volume
2026-08-28
2026-09-25
-1.7%
Ordinary volume
2021-06-25
2021-07-23
11.4%
Ordinary volume
2021-10-22
2021-11-19
3.9%
Ordinary volume
2021-12-10
2022-01-07
2.0%
Ordinary volume
2022-01-14
2022-02-11
3.9%
Ordinary volume
2022-06-03
2022-07-01
-4.2%
Ordinary volume
2022-08-26
2022-09-23
1.9%
Ordinary volume
2022-09-23
2022-10-21
2.1%
Ordinary volume
2022-10-28
2022-11-25
4.4%
Ordinary volume
2023-02-10
2023-03-10
2.1%
Ordinary volume
2023-07-07
2023-08-04
2.3%
Ordinary volume
2023-09-08
2023-10-06
-2.2%
Ordinary volume
2023-10-20
2023-11-17
2.4%
Ordinary volume
2023-12-08
2024-01-05
7.3%
Ordinary volume
2024-01-12
2024-02-09
2.3%
Ordinary volume
2024-08-09
2024-09-06
9.5%
Ordinary volume
2025-01-10
2025-02-07
2.0%
Ordinary volume
2025-07-25
2025-08-22
12.7%
Ordinary volume
2025-08-29
2025-09-26
-4.7%
Ordinary volume
2025-11-21
2025-12-19
5.0%
Ordinary volume
2026-03-13
2026-04-10
-5.0%
Ordinary volume
2026-05-22
2026-06-19
-3.3%
Ordinary volume
2026-07-31
2026-08-28
-13.4%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-18
2021-09-17
17.4%
High volume
2021-09-24
2021-12-24
2.0%
High volume
2022-01-28
2022-04-29
4.2%
High volume
2022-05-06
2022-08-05
4.2%
High volume
2022-11-18
2023-02-17
-2.1%
High volume
2023-02-24
2023-05-26
6.7%
High volume
2023-08-11
2023-11-10
-1.1%
High volume
2023-11-24
2024-02-23
15.0%
High volume
2024-03-01
2024-05-31
-4.9%
High volume
2024-05-31
2024-08-30
9.8%
High volume
2025-03-14
2025-06-13
21.8%
High volume
2025-08-22
2025-11-21
-12.4%
Ordinary volume
2021-06-25
2021-09-24
18.0%
Ordinary volume
2021-10-22
2022-01-21
2.0%
Ordinary volume
2022-06-03
2022-09-02
4.2%
Ordinary volume
2022-09-23
2022-12-23
2.1%
Ordinary volume
2023-02-10
2023-05-12
2.2%
Ordinary volume
2023-07-07
2023-10-06
0.1%
Ordinary volume
2023-10-20
2024-01-19
7.3%
Ordinary volume
2024-08-09
2024-11-08
9.6%
Ordinary volume
2025-01-10
2025-04-11
-0.1%
Ordinary volume
2025-07-25
2025-10-24
12.9%
Ordinary volume
2025-11-21
2026-02-20
7.4%
Ordinary volume
2026-03-13
2026-06-12
-3.4%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 0.265
Weekly priceEstimated volume at priceMost active priceEarlier activity areaEstimated volume balance
Move over the chart, tap a week, or use the arrow keys to inspect it. The profile estimates where volume sits within weekly price ranges. The lower chart accumulates volume weighted by where each week closed in its range; its starting point changes with the selected period. This is not trade-based CVD.
Most active price0.3034
Earlier activity area0.2912 โ 0.3238
Recent volume balance-14.7%
Recent weekly volume2.19ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
0.3247
3652236
2025-10-24
0.3351
7582088
2025-10-31
0.3053
6099775
2025-11-07
0.2908
11913017
2025-11-14
0.2956
5143248
2025-11-21
0.2932
2819429
2025-11-28
0.3005
3599322
2025-12-05
0.3005
2187768
2025-12-12
0.2956
1674635
2025-12-19
0.3077
905706
2025-12-26
0.3102
152149
2026-01-02
0.3247
966477
2026-01-09
0.3295
1906278
2026-01-16
0.3198
1584942
2026-01-23
0.3198
926985
2026-01-30
0.3102
856060
2026-02-06
0.2956
1970485
2026-02-13
0.315
1473892
2026-02-20
0.315
1360724
2026-02-27
0.3247
2462260
2026-03-06
0.315
3138202
2026-03-13
0.3053
2069122
2026-03-20
0.315
1904807
2026-03-27
0.295
1424248
2026-04-03
0.285
1400069
2026-04-10
0.29
1185332
2026-04-17
0.295
706108
2026-04-24
0.30
4270559
2026-05-01
0.305
2382988
2026-05-08
0.31
937674
2026-05-15
0.305
573965
2026-05-22
0.30
1614699
2026-05-29
0.30
310756
2026-06-05
0.285
1679008
2026-06-12
0.295
463971
2026-06-19
0.29
193201
2026-06-26
0.30
946677
2026-07-03
0.29
790991
2026-07-10
0.31
531860
2026-07-17
0.32
1130040
2026-07-24
0.325
500772
2026-07-31
0.3232
1033154
2026-08-07
0.3088
525883
2026-08-14
0.3039
201112
2026-08-21
0.3039
324587
2026-08-28
0.2798
1776730
2026-09-04
0.28
810853
2026-09-11
0.275
3631928
2026-09-18
0.275
3127691
2026-09-25
0.275
684075
2026-10-02
0.265
4313787
2026-10-09
0.265
3057969
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -12.42% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -3.64% over four weeks. Volume balance is -14.7% on a scale from โ100% to +100%.
Volume and price movement
More volume, limited price progress
Recent median weekly volume is 2.19ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 of 4 closes below
Price was below the earlier area before these four weeks. The earlier boundaries stay fixed for this comparison.
Activity over time
Darker cells show more estimated volume at that price. Use the chart to see where activity has moved. For longer periods, a column combines several weeks.
Volume and price movement
Each dot is a week. Compare weekly volume with the move from open to close.
What to check next
Holding outside the area
Further closes below the earlier area would show that price is staying outside it. Compare them with the direction of recent volume balance.
Returning inside
A close back inside the earlier area would weaken the move outside it. Check whether the return lasts more than one week.
Price and volume disagreeing
There is no clear disagreement at present. Check whether volume balance continues to support any further price move.
Same stock ยท Earlier observations
Previous examples
Descriptive history, not a forecast.
Comparisons use the same period length, position relative to the earlier activity area and direction of recent volume balance. Outcomes do not overlap for each following period. At least five examples are needed to show a matched median. The median is the middle result; the all-period median includes earlier periods regardless of their volume reading.
Subsequent price changes
After
Examples
Median change
Sample
4 weeks
8
4.61
Available
13 weeks
6
4.23
Available
Returns are close-to-close price changes. Interim lows show the lowest price reached during the period. Dividends, fees and trade execution are not included. The available history contains up to six years of weekly observations.
Compare with other studies
These studies describe different parts of the same market. Check each observation date.
The selected period sets the profile and volume balance starting point. โStart from a dateโ uses the first available week on or after that date. At least 13 consecutive weeks are required.
Compare earlier activity
The earlier activity area contains most of the estimated volume before the last four weeks. The activity centre is the average estimated price, weighted by volume. Compare subsequent closes with its boundaries, then read the volume balance alongside the price move.
Check the data
Volume is reported for the whole week. The distribution within the range and the direction of pressure are estimates. They cannot identify individual trades, investor holdings or institutional buying.
Reports use saved weekly data and refresh when those records change. Missing or invalid weeks restrict the available periods.
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