The latest close is inside the activity area established before the last four weeks. 1 of those four closes were inside that area. Recent volume balance is positive; the estimated activity centre is lower.
26 weeks2026-04-10 to 2026-10-02Weekly volume estimate
The relationship beneath price ยท 2026-10-02
Advance on lighter volume
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move8.4%-16.9% over thirteen weeks
Latest relative volume0.47ร0.36ร recent four-week median
Closing pressure22.7%Volume-weighted position within weekly ranges
Up-week volume share37.6%60.3% in declining weeks ยท last 13 weeks
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
2025-10-03
-5.6%
-69.4%
0.63ร
2025-10-10
-7.7%
-65.8%
0.95ร
2025-10-17
-8.6%
-66.6%
1.14ร
2025-10-24
-7.9%
-61.8%
0.49ร
2025-10-31
-6.6%
-57.0%
0.71ร
2025-11-07
-10.1%
-49.6%
1.95ร
2025-11-14
-2.9%
-41.9%
1.54ร
2025-11-21
-6.4%
-33.3%
1.11ร
2025-11-28
-4.0%
-19.5%
1.39ร
2025-12-05
-0.1%
-16.1%
0.58ร
2025-12-12
8.5%
12.7%
6.20ร
2025-12-19
7.7%
6.3%
0.80ร
2025-12-26
6.3%
4.9%
0.55ร
2026-01-02
9.1%
12.1%
0.87ร
2026-01-09
-3.1%
-1.8%
1.08ร
2026-01-16
0.6%
12.6%
0.68ร
2026-01-23
-2.7%
5.4%
0.85ร
2026-01-30
-1.6%
13.0%
1.86ร
2026-02-06
-1.9%
-3.7%
1.45ร
2026-02-13
-0.2%
-12.7%
1.12ร
2026-08-28
1.5%
1.5%
0.10ร
2026-09-04
-9.0%
-50.1%
0.81ร
2026-09-11
-9.4%
-64.8%
0.40ร
2026-09-18
-7.5%
-34.7%
0.32ร
2026-09-25
-10.2%
-43.3%
0.22ร
2026-10-02
8.4%
22.7%
0.47ร
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
74% 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: 97% of the way from the weekly low to high.
Volume-weighted return tilt
-1.81 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
34.8 / 100
Price direction15.0 / 30
Closing pressure6.8 / 30
Up-week volume9.4 / 25
Volume confirmation3.6 / 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
11
โ
6
โ
Limited sample
Advancing weeks
13 weeks
5
โ
4
โ
Limited sample
Declining weeks
4 weeks
10
0.3%
13
3.2%
-2.9 points
Declining weeks
13 weeks
4
โ
4
โ
Limited sample
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
2021-11-05
2021-12-03
7.9%
High volume
2021-12-24
2022-01-21
0.9%
High volume
2022-09-02
2022-09-30
-13.1%
High volume
2023-08-18
2023-09-15
0.6%
High volume
2024-02-23
2024-03-22
13.4%
High volume
2024-03-22
2024-04-19
0.0%
High volume
2024-04-26
2024-05-24
-6.7%
High volume
2024-08-23
2024-09-20
-3.7%
High volume
2025-08-15
2025-09-12
-10.9%
High volume
2025-11-14
2025-12-12
8.5%
High volume
2025-12-12
2026-01-09
-3.1%
Ordinary volume
2022-08-26
2022-09-23
-5.6%
Ordinary volume
2023-12-01
2023-12-29
-0.3%
Ordinary volume
2024-01-05
2024-02-02
5.2%
Ordinary volume
2024-05-31
2024-06-28
-2.1%
Ordinary volume
2025-08-08
2025-09-05
3.0%
Ordinary volume
2026-01-02
2026-01-30
-1.6%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-09-02
2022-12-02
-8.2%
High volume
2023-08-18
2023-11-17
-0.8%
High volume
2024-02-23
2024-05-24
5.9%
High volume
2025-08-15
2025-11-14
-22.9%
High volume
2025-11-14
2026-02-13
3.7%
Ordinary volume
2022-08-26
2022-11-25
-6.5%
Ordinary volume
2023-12-01
2024-03-01
29.2%
Ordinary volume
2024-05-31
2024-08-30
0.7%
Ordinary volume
2025-08-08
2025-11-07
-14.6%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-11-12
2021-12-10
10.6%
High volume
2021-12-10
2022-01-07
11.4%
High volume
2022-09-09
2022-10-07
-6.6%
High volume
2023-08-11
2023-09-08
0.7%
High volume
2024-03-08
2024-04-05
7.2%
High volume
2024-04-19
2024-05-17
-7.6%
High volume
2024-05-17
2024-06-14
1.1%
High volume
2024-07-12
2024-08-09
-9.5%
High volume
2025-08-22
2025-09-19
-3.8%
High volume
2025-11-07
2025-12-05
-0.1%
Ordinary volume
2022-09-23
2022-10-21
-8.1%
Ordinary volume
2022-10-28
2022-11-25
9.1%
Ordinary volume
2022-12-09
2023-01-06
0.2%
Ordinary volume
2023-09-01
2023-09-29
3.2%
Ordinary volume
2023-12-08
2024-01-05
2.2%
Ordinary volume
2024-01-12
2024-02-09
5.6%
Ordinary volume
2024-02-16
2024-03-15
7.6%
Ordinary volume
2024-08-09
2024-09-06
14.2%
Ordinary volume
2025-09-19
2025-10-17
-8.6%
Ordinary volume
2025-10-17
2025-11-14
-2.9%
Ordinary volume
2025-11-21
2025-12-19
7.7%
Ordinary volume
2025-12-19
2026-01-16
0.6%
Ordinary volume
2026-09-04
2026-10-02
8.4%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-09-09
2022-12-09
-2.5%
High volume
2023-08-11
2023-11-10
-1.0%
High volume
2024-03-08
2024-06-07
-0.2%
High volume
2025-08-22
2025-11-21
-18.1%
Ordinary volume
2022-09-23
2022-12-23
1.8%
Ordinary volume
2023-09-01
2023-12-01
4.5%
Ordinary volume
2023-12-08
2024-03-08
18.5%
Ordinary volume
2025-09-19
2025-12-19
-8.3%
Price, activity and volume balance
Where volume is concentrated
2026-10-02Close 80.40
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 price96.48
Earlier activity area78.87 โ 104.14
Recent volume balance22.7%
Recent weekly volume0.19ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2026-04-10
53.95
5833540
2026-04-17
73.57
10481101
2026-04-24
81.52
7418975
2026-05-01
78.48
2353075
2026-05-08
71.02
4789983
2026-05-15
97.90
20504267
2026-05-22
97.11
18154337
2026-05-29
93.29
7393074
2026-06-05
81.91
4595891
2026-06-12
85.24
3333797
2026-06-19
97.11
11480752
2026-06-26
97.30
18427412
2026-07-03
96.80
7399766
2026-07-10
90.30
1963674
2026-07-17
83.00
668295
2026-07-24
83.20
353550
2026-07-31
81.50
361100
2026-08-07
81.50
196013
2026-08-14
82.00
247979
2026-08-21
81.50
201076
2026-08-28
82.70
212054
2026-09-04
74.20
1756417
2026-09-11
74.30
858191
2026-09-18
75.40
685785
2026-09-25
74.30
478385
2026-10-02
80.40
1024820
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -13.12% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +8.36% over four weeks. Volume balance is +22.7% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is below its earlier norm
Recent median weekly volume is 0.19ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
1 of 4 closes inside
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
Watch which boundary price moves beyond and whether later closes remain outside it.
Returning inside
Price is currently inside the earlier area. Repeated closes here would show that activity remains in the same price range.
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
10
-0.27
Available
13 weeks
4
โ
Too few examples
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. 1 invalid records were excluded from the available history.
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