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 mixed; the estimated activity centre is lower.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 2026-10-09
Mixed evidence
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-7.3%-15.6% over thirteen weeks
Latest relative volume2.31ร1.12ร recent four-week median
Closing pressure-7.6%Volume-weighted position within weekly ranges
Up-week volume share13.3%66.1% in declining weeks ยท last 13 weeks
13-week range breakdownAt 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
0.0%
44.4%
1.91ร
2025-10-24
-6.0%
42.2%
0.71ร
2025-10-31
-4.1%
12.2%
1.25ร
2025-11-07
-4.0%
8.7%
1.31ร
2025-11-14
-4.2%
-2.9%
2.92ร
2025-11-21
-4.3%
-25.9%
1.94ร
2025-11-28
-4.3%
-34.1%
2.11ร
2025-12-05
-4.2%
-42.6%
0.76ร
2025-12-12
-2.2%
-73.5%
1.00ร
2025-12-19
0.0%
-46.8%
1.10ร
2025-12-26
2.2%
0.4%
0.76ร
2026-01-02
0.0%
-35.2%
0.41ร
2026-01-09
8.9%
5.6%
0.30ร
2026-01-16
6.7%
-12.4%
1.54ร
2026-01-23
2.2%
-30.5%
0.08ร
2026-01-30
4.4%
-8.8%
1.46ร
2026-02-06
-4.1%
-29.8%
1.48ร
2026-02-13
-2.1%
-45.6%
2.28ร
2026-02-20
8.5%
-33.2%
3.04ร
2026-02-27
3.3%
-33.9%
0.92ร
2026-03-06
3.3%
-25.4%
0.67ร
2026-03-13
1.1%
-2.8%
0.36ร
2026-03-20
-10.9%
-30.5%
1.40ร
2026-03-27
-10.4%
-38.7%
2.84ร
2026-04-03
-6.4%
-32.6%
1.01ร
2026-04-10
-2.2%
-33.7%
0.51ร
2026-04-17
2.3%
-10.4%
0.13ร
2026-04-24
4.7%
52.2%
0.85ร
2026-05-01
-2.3%
54.7%
0.29ร
2026-05-08
-6.7%
-14.4%
1.41ร
2026-05-15
-2.2%
-3.1%
0.44ร
2026-05-22
0.0%
-10.2%
1.89ร
2026-05-29
2.3%
-2.7%
0.32ร
2026-06-05
4.8%
46.7%
0.12ร
2026-06-12
-2.3%
34.9%
0.07ร
2026-06-19
-4.4%
-62.7%
1.58ร
2026-06-26
0.0%
-96.0%
0.02ร
2026-07-03
-2.3%
-96.9%
0.64ร
2026-07-10
4.7%
-54.2%
0.67ร
2026-07-17
0.0%
-14.7%
0.24ร
2026-07-24
-2.3%
2.5%
1.01ร
2026-07-31
-4.4%
40.2%
0.04ร
2026-08-07
-10.8%
-45.2%
1.27ร
2026-08-14
-4.4%
-32.5%
0.39ร
2026-08-21
-4.4%
2.2%
1.46ร
2026-08-28
-2.3%
-29.1%
1.45ร
2026-09-04
4.6%
2.9%
0.09ร
2026-09-11
-0.3%
2.1%
1.86ร
2026-09-18
-2.7%
-43.7%
0.18ร
2026-09-25
2.1%
34.0%
1.23ร
2026-10-02
-3.6%
24.1%
1.09ร
2026-10-09
-7.3%
-7.6%
2.31ร
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
60% 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: 19% of the way from the weekly low to high.
Volume-weighted return tilt
-0.60 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
3.3 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume3.3 / 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
26
-1.5%
17
-3.2%
1.7 points
Advancing weeks
13 weeks
14
-2.2%
11
1.1%
-3.3 points
Declining weeks
4 weeks
20
-1.0%
15
6.3%
-7.3 points
Declining weeks
13 weeks
11
4.0%
10
6.4%
-2.4 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
23.8%
High volume
2021-08-20
2021-09-17
22.7%
High volume
2021-09-17
2021-10-15
-3.2%
High volume
2021-10-22
2021-11-19
6.1%
High volume
2022-03-04
2022-04-01
-2.7%
High volume
2022-04-08
2022-05-06
2.6%
High volume
2022-08-19
2022-09-16
2.9%
High volume
2022-10-07
2022-11-04
11.4%
High volume
2022-11-11
2022-12-09
-10.0%
High volume
2023-01-06
2023-02-03
-2.0%
High volume
2023-02-17
2023-03-17
-5.0%
High volume
2023-05-05
2023-06-02
-10.6%
High volume
2023-07-07
2023-08-04
0.0%
High volume
2023-08-25
2023-09-22
-0.9%
High volume
2024-01-12
2024-02-09
2.0%
High volume
2024-03-22
2024-04-19
2.4%
High volume
2024-06-21
2024-07-19
0.0%
High volume
2024-08-23
2024-09-20
-5.0%
High volume
2024-09-20
2024-10-18
9.5%
High volume
2025-02-07
2025-03-07
-5.2%
High volume
2025-03-21
2025-04-18
-6.5%
High volume
2025-04-25
2025-05-23
2.3%
High volume
2025-08-29
2025-09-26
-2.4%
High volume
2025-10-10
2025-11-07
-4.0%
High volume
2026-02-20
2026-03-20
-10.9%
High volume
2026-05-22
2026-06-19
-4.4%
Ordinary volume
2021-07-02
2021-07-30
13.4%
Ordinary volume
2021-11-19
2021-12-17
-2.9%
Ordinary volume
2022-05-20
2022-06-17
-7.9%
Ordinary volume
2022-07-29
2022-08-26
10.8%
Ordinary volume
2023-03-03
2023-03-31
-11.5%
Ordinary volume
2023-11-17
2023-12-15
6.8%
Ordinary volume
2024-01-26
2024-02-23
-14.0%
Ordinary volume
2024-09-27
2024-10-25
-3.3%
Ordinary volume
2024-11-01
2024-11-29
-2.2%
Ordinary volume
2024-12-13
2025-01-10
-10.6%
Ordinary volume
2025-01-17
2025-02-14
6.8%
Ordinary volume
2025-02-28
2025-03-28
-4.4%
Ordinary volume
2025-05-30
2025-06-27
-6.5%
Ordinary volume
2025-07-18
2025-08-15
-3.2%
Ordinary volume
2025-09-26
2025-10-24
-6.0%
Ordinary volume
2025-12-05
2026-01-02
0.0%
Ordinary volume
2026-04-03
2026-05-01
-2.3%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-23
2021-10-22
61.8%
High volume
2021-10-22
2022-01-21
15.2%
High volume
2022-03-04
2022-06-03
0.0%
High volume
2022-08-19
2022-11-18
20.0%
High volume
2023-01-06
2023-04-07
-3.4%
High volume
2023-05-05
2023-08-04
-10.6%
High volume
2023-08-25
2023-11-24
-0.9%
High volume
2024-01-12
2024-04-12
-8.8%
High volume
2024-04-12
2024-07-12
-9.1%
High volume
2024-08-23
2024-11-22
-0.5%
High volume
2025-02-07
2025-05-09
-0.9%
High volume
2025-08-29
2025-11-28
-12.1%
High volume
2026-02-20
2026-05-22
-8.9%
High volume
2026-05-22
2026-08-21
-8.6%
Ordinary volume
2021-07-02
2021-10-01
59.2%
Ordinary volume
2021-11-19
2022-02-18
5.7%
Ordinary volume
2022-05-20
2022-08-19
10.5%
Ordinary volume
2023-03-03
2023-06-02
-19.2%
Ordinary volume
2023-11-17
2024-02-16
13.6%
Ordinary volume
2024-09-27
2024-12-27
-4.4%
Ordinary volume
2025-01-17
2025-04-18
1.1%
Ordinary volume
2025-05-30
2025-08-29
15.2%
Ordinary volume
2025-09-26
2025-12-26
-8.0%
Ordinary volume
2025-12-26
2026-03-27
-3.4%
Ordinary volume
2026-04-03
2026-07-03
-2.3%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-16
2021-08-13
15.8%
High volume
2022-06-10
2022-07-08
-2.9%
High volume
2022-08-26
2022-09-23
5.4%
High volume
2022-12-09
2023-01-06
11.1%
High volume
2023-02-24
2023-03-24
-9.1%
High volume
2023-03-24
2023-04-21
2.2%
High volume
2023-06-02
2023-06-30
-4.8%
High volume
2023-07-14
2023-08-11
4.9%
High volume
2023-10-06
2023-11-03
2.3%
High volume
2023-12-15
2024-01-12
6.4%
High volume
2024-02-16
2024-03-15
-14.0%
High volume
2024-08-30
2024-09-27
8.8%
High volume
2024-10-04
2024-11-01
0.0%
High volume
2025-05-23
2025-06-20
-4.4%
High volume
2025-09-05
2025-10-03
-3.9%
High volume
2025-10-17
2025-11-14
-4.2%
High volume
2025-11-14
2025-12-12
-2.2%
High volume
2026-01-16
2026-02-13
-2.1%
High volume
2026-03-27
2026-04-24
4.7%
High volume
2026-09-11
2026-10-09
-7.3%
Ordinary volume
2021-09-24
2021-10-22
17.9%
Ordinary volume
2021-10-29
2021-11-26
6.3%
Ordinary volume
2022-05-13
2022-06-10
-2.8%
Ordinary volume
2022-09-16
2022-10-14
9.5%
Ordinary volume
2022-12-30
2023-01-27
2.2%
Ordinary volume
2023-12-22
2024-01-19
8.9%
Ordinary volume
2024-06-28
2024-07-26
13.2%
Ordinary volume
2024-08-16
2024-09-13
4.0%
Ordinary volume
2024-10-18
2024-11-15
-4.4%
Ordinary volume
2024-12-27
2025-01-24
0.0%
Ordinary volume
2025-02-14
2025-03-14
-0.9%
Ordinary volume
2025-04-04
2025-05-02
7.0%
Ordinary volume
2025-06-20
2025-07-18
10.5%
Ordinary volume
2025-12-12
2026-01-09
8.9%
Ordinary volume
2026-02-27
2026-03-27
-10.4%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-16
2021-10-15
62.5%
High volume
2022-06-10
2022-09-09
26.4%
High volume
2022-12-09
2023-03-10
11.9%
High volume
2023-03-10
2023-06-09
-15.3%
High volume
2023-06-09
2023-09-08
9.8%
High volume
2023-10-06
2024-01-05
0.0%
High volume
2024-01-05
2024-04-05
1.2%
High volume
2024-08-30
2024-11-29
4.0%
High volume
2025-05-23
2025-08-22
11.1%
High volume
2025-09-05
2025-12-05
-9.8%
High volume
2026-01-16
2026-04-17
-3.2%
Ordinary volume
2021-09-24
2021-12-24
21.4%
Ordinary volume
2022-05-13
2022-08-12
8.3%
Ordinary volume
2022-09-16
2022-12-16
7.1%
Ordinary volume
2022-12-30
2023-03-31
2.8%
Ordinary volume
2023-12-22
2024-03-22
-3.3%
Ordinary volume
2024-06-28
2024-09-27
25.9%
Ordinary volume
2024-10-18
2025-01-17
-4.4%
Ordinary volume
2025-02-14
2025-05-16
1.3%
Ordinary volume
2025-06-20
2025-09-19
15.5%
Ordinary volume
2025-12-12
2026-03-13
5.6%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 0.19
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 price0.2189
Earlier activity area0.2138 โ 0.2359
Recent volume balance-7.6%
Recent weekly volume0.79ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
0.2323
825357
2025-10-24
0.2275
314159
2025-10-31
0.2275
541224
2025-11-07
0.2323
566553
2025-11-14
0.2226
1288242
2025-11-21
0.2178
872375
2025-11-28
0.2178
948905
2025-12-05
0.2226
349049
2025-12-12
0.2178
460135
2025-12-19
0.2178
507001
2025-12-26
0.2226
354507
2026-01-02
0.2226
190245
2026-01-09
0.2372
138449
2026-01-16
0.2323
719183
2026-01-23
0.2275
40497
2026-01-30
0.2323
708517
2026-02-06
0.2275
777357
2026-02-13
0.2275
1262103
2026-02-20
0.2468
1682687
2026-02-27
0.24
563918
2026-03-06
0.235
379984
2026-03-13
0.23
197038
2026-03-20
0.22
731942
2026-03-27
0.215
1571562
2026-04-03
0.22
570693
2026-04-10
0.225
289776
2026-04-17
0.225
73213
2026-04-24
0.225
469828
2026-05-01
0.215
160290
2026-05-08
0.21
752478
2026-05-15
0.22
233112
2026-05-22
0.225
923670
2026-05-29
0.22
155321
2026-06-05
0.22
56511
2026-06-12
0.215
30719
2026-06-19
0.215
672571
2026-06-26
0.22
9478
2026-07-03
0.215
272163
2026-07-10
0.225
283661
2026-07-17
0.215
100000
2026-07-24
0.215
339602
2026-07-31
0.2056
14647
2026-08-07
0.2008
398413
2026-08-14
0.2056
123940
2026-08-21
0.2056
419449
2026-08-28
0.2008
416699
2026-09-04
0.21
26019
2026-09-11
0.205
516315
2026-09-18
0.20
50646
2026-09-25
0.205
342266
2026-10-02
0.2025
302297
2026-10-09
0.19
640804
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -11.56% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -7.32% over four weeks. Volume balance is -7.6% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 0.79ร 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
1
โ
Too few examples
13 weeks
0
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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