The latest close is inside the activity area established before the last four weeks. 4 of those four closes were inside that area. Recent volume balance is mixed; the estimated activity centre is higher.
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 move4.6%-14.7% over thirteen weeks
Latest relative volume1.23ร1.13ร recent four-week median
Closing pressure5.7%Volume-weighted position within weekly ranges
Up-week volume share27.7%72.3% 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
2025-10-17
11.5%
15.9%
1.56ร
2025-10-24
20.2%
31.7%
0.84ร
2025-10-31
8.1%
14.1%
0.97ร
2025-11-07
22.3%
25.5%
1.95ร
2025-11-14
12.9%
3.4%
0.97ร
2025-11-21
9.0%
6.5%
0.86ร
2025-11-28
14.8%
7.5%
1.15ร
2025-12-05
-7.0%
-14.5%
0.99ร
2025-12-12
-8.3%
-34.6%
1.26ร
2025-12-19
-8.9%
-35.9%
1.38ร
2025-12-26
-6.4%
-26.7%
0.70ร
2026-01-02
-1.7%
-21.1%
0.60ร
2026-01-09
5.5%
1.8%
1.32ร
2026-01-16
3.7%
-3.7%
0.93ร
2026-01-23
0.5%
-13.4%
0.68ร
2026-01-30
1.0%
-14.0%
0.79ร
2026-02-06
-6.2%
-17.6%
0.78ร
2026-02-13
-3.9%
-2.2%
0.72ร
2026-02-20
0.6%
6.6%
0.68ร
2026-02-27
-0.8%
3.2%
1.04ร
2026-03-06
-6.9%
-11.4%
0.90ร
2026-03-13
-9.5%
-29.0%
1.11ร
2026-03-20
-17.5%
-60.8%
1.56ร
2026-03-27
-17.8%
-68.6%
1.80ร
2026-04-03
1.3%
-35.7%
1.58ร
2026-04-10
3.6%
-36.7%
0.75ร
2026-04-17
13.6%
1.9%
0.91ร
2026-04-24
21.5%
55.8%
0.98ร
2026-05-01
4.2%
37.1%
1.27ร
2026-05-08
-0.7%
10.8%
1.73ร
2026-05-15
-7.4%
-4.0%
1.11ร
2026-05-22
-2.6%
-16.9%
1.18ร
2026-05-29
-6.3%
-34.7%
0.66ร
2026-06-05
8.5%
10.0%
1.24ร
2026-06-12
13.4%
9.6%
0.91ร
2026-06-19
15.5%
31.2%
1.36ร
2026-06-26
38.7%
66.2%
1.78ร
2026-07-03
29.4%
70.0%
1.02ร
2026-07-10
25.5%
67.1%
0.91ร
2026-07-17
16.3%
53.6%
0.83ร
2026-07-24
-2.6%
16.7%
0.97ร
2026-07-31
-2.2%
-26.5%
1.06ร
2026-08-07
-4.1%
-35.3%
0.80ร
2026-08-14
-5.2%
-42.3%
0.70ร
2026-08-21
-5.3%
-50.0%
0.97ร
2026-08-28
-10.9%
-51.7%
0.95ร
2026-09-04
-10.9%
-45.1%
0.84ร
2026-09-11
-13.3%
-43.3%
0.60ร
2026-09-18
-6.2%
-13.0%
1.30ร
2026-09-25
-3.0%
13.3%
0.79ร
2026-10-02
-0.1%
16.5%
1.05ร
2026-10-09
4.6%
5.7%
1.23ร
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
71% 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: 31% of the way from the weekly low to high.
Volume-weighted return tilt
0.31 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
34.9 / 100
Price direction15.0 / 30
Closing pressure1.7 / 30
Up-week volume6.9 / 25
Volume confirmation11.3 / 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
17
2.3%
40
-1.5%
3.8 points
Advancing weeks
13 weeks
11
5.9%
17
-3.2%
9.0 points
Declining weeks
4 weeks
17
2.3%
39
-3.9%
6.1 points
Declining weeks
13 weeks
10
1.4%
18
-5.3%
6.7 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
2021-12-17
2022-01-14
-12.4%
High volume
2022-01-28
2022-02-25
17.9%
High volume
2022-02-25
2022-03-25
-8.8%
High volume
2022-05-13
2022-06-10
-12.5%
High volume
2022-09-16
2022-10-14
-6.9%
High volume
2022-12-16
2023-01-13
14.9%
High volume
2023-01-13
2023-02-10
2.3%
High volume
2023-09-15
2023-10-13
-8.0%
High volume
2023-12-15
2024-01-12
3.9%
High volume
2024-01-12
2024-02-09
22.3%
High volume
2024-03-22
2024-04-19
-6.7%
High volume
2024-09-20
2024-10-18
-10.5%
High volume
2024-11-08
2024-12-06
4.4%
High volume
2025-05-09
2025-06-06
3.8%
High volume
2025-10-17
2025-11-14
12.9%
High volume
2026-04-03
2026-05-01
4.2%
High volume
2026-06-26
2026-07-24
-2.6%
Ordinary volume
2021-04-30
2021-05-28
-9.5%
Ordinary volume
2021-06-18
2021-07-16
-17.4%
Ordinary volume
2021-10-01
2021-10-29
-8.6%
Ordinary volume
2021-11-05
2021-12-03
-22.6%
Ordinary volume
2021-12-10
2022-01-07
-3.8%
Ordinary volume
2022-02-11
2022-03-11
-3.6%
Ordinary volume
2022-03-25
2022-04-22
-1.1%
Ordinary volume
2022-06-24
2022-07-22
9.8%
Ordinary volume
2022-07-22
2022-08-19
7.6%
Ordinary volume
2022-08-19
2022-09-16
-14.2%
Ordinary volume
2022-10-07
2022-11-04
6.3%
Ordinary volume
2022-12-02
2022-12-30
10.4%
Ordinary volume
2022-12-30
2023-01-27
8.3%
Ordinary volume
2023-02-03
2023-03-03
0.9%
Ordinary volume
2023-03-03
2023-03-31
-6.4%
Ordinary volume
2023-05-05
2023-06-02
-0.3%
Ordinary volume
2023-06-09
2023-07-07
2.2%
Ordinary volume
2023-07-14
2023-08-11
-18.8%
Ordinary volume
2023-08-18
2023-09-15
5.1%
Ordinary volume
2023-10-06
2023-11-03
8.1%
Ordinary volume
2023-11-03
2023-12-01
-3.4%
Ordinary volume
2024-02-09
2024-03-08
-3.4%
Ordinary volume
2024-03-08
2024-04-05
13.0%
Ordinary volume
2024-05-03
2024-05-31
-0.3%
Ordinary volume
2024-06-28
2024-07-26
14.0%
Ordinary volume
2024-08-30
2024-09-27
-16.4%
Ordinary volume
2024-10-04
2024-11-01
1.5%
Ordinary volume
2024-11-01
2024-11-29
32.2%
Ordinary volume
2024-12-13
2025-01-10
3.5%
Ordinary volume
2025-01-10
2025-02-07
-1.9%
Ordinary volume
2025-05-30
2025-06-27
1.1%
Ordinary volume
2025-07-04
2025-08-01
-14.6%
Ordinary volume
2025-08-08
2025-09-05
-6.0%
Ordinary volume
2025-10-24
2025-11-21
9.0%
Ordinary volume
2025-11-28
2025-12-26
-6.4%
Ordinary volume
2026-02-06
2026-03-06
-6.9%
Ordinary volume
2026-04-17
2026-05-15
-7.4%
Ordinary volume
2026-05-22
2026-06-19
15.5%
Ordinary volume
2026-07-03
2026-07-31
-2.2%
Ordinary volume
2026-07-31
2026-08-28
-10.9%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-17
2022-03-18
-15.2%
High volume
2022-03-18
2022-06-17
-32.9%
High volume
2022-09-16
2022-12-16
-5.7%
High volume
2022-12-16
2023-03-17
19.3%
High volume
2023-09-15
2023-12-15
7.4%
High volume
2023-12-15
2024-03-15
20.2%
High volume
2024-03-22
2024-06-21
-4.1%
High volume
2024-09-20
2024-12-20
21.3%
High volume
2025-05-09
2025-08-08
-13.2%
High volume
2025-10-17
2026-01-16
5.9%
High volume
2026-04-03
2026-07-03
37.6%
Ordinary volume
2021-04-30
2021-07-30
-15.2%
Ordinary volume
2021-10-01
2021-12-31
-21.9%
Ordinary volume
2022-02-11
2022-05-13
-19.7%
Ordinary volume
2022-06-24
2022-09-23
-6.8%
Ordinary volume
2022-10-07
2023-01-06
1.7%
Ordinary volume
2023-02-03
2023-05-05
6.4%
Ordinary volume
2023-05-05
2023-08-04
-3.2%
Ordinary volume
2023-08-18
2023-11-17
12.1%
Ordinary volume
2023-11-17
2024-02-16
34.5%
Ordinary volume
2024-03-08
2024-06-07
-1.8%
Ordinary volume
2024-06-28
2024-09-27
-5.9%
Ordinary volume
2024-10-04
2025-01-03
32.6%
Ordinary volume
2025-01-03
2025-04-04
-27.1%
Ordinary volume
2025-05-30
2025-08-29
-12.0%
Ordinary volume
2025-10-24
2026-01-23
4.2%
Ordinary volume
2026-02-06
2026-05-08
-7.5%
Ordinary volume
2026-05-22
2026-08-21
22.9%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-02
2021-07-30
2.3%
High volume
2022-01-07
2022-02-04
-7.0%
High volume
2022-03-11
2022-04-08
8.4%
High volume
2022-04-29
2022-05-27
-1.5%
High volume
2022-11-11
2022-12-09
-3.5%
High volume
2023-06-16
2023-07-14
15.9%
High volume
2023-08-04
2023-09-01
5.9%
High volume
2024-01-05
2024-02-02
31.9%
High volume
2024-03-15
2024-04-12
8.2%
High volume
2024-12-20
2025-01-17
4.6%
High volume
2025-01-17
2025-02-14
-3.4%
High volume
2025-02-28
2025-03-28
-13.2%
High volume
2025-04-04
2025-05-02
-7.1%
High volume
2025-08-01
2025-08-29
2.1%
High volume
2025-09-12
2025-10-10
-1.0%
High volume
2026-03-20
2026-04-17
13.6%
High volume
2026-05-08
2026-06-05
8.5%
Ordinary volume
2021-05-07
2021-06-04
5.8%
Ordinary volume
2021-08-06
2021-09-03
14.6%
Ordinary volume
2021-10-15
2021-11-12
-17.7%
Ordinary volume
2021-11-12
2021-12-10
-9.3%
Ordinary volume
2022-02-18
2022-03-18
-0.8%
Ordinary volume
2022-04-15
2022-05-13
-23.0%
Ordinary volume
2022-05-20
2022-06-17
-15.1%
Ordinary volume
2022-06-17
2022-07-15
18.5%
Ordinary volume
2022-08-05
2022-09-02
-26.3%
Ordinary volume
2022-09-02
2022-09-30
2.3%
Ordinary volume
2022-09-30
2022-10-28
13.6%
Ordinary volume
2022-11-04
2022-12-02
-4.5%
Ordinary volume
2022-12-23
2023-01-20
21.6%
Ordinary volume
2023-02-10
2023-03-10
1.9%
Ordinary volume
2023-03-10
2023-04-07
2.3%
Ordinary volume
2023-05-12
2023-06-09
6.6%
Ordinary volume
2023-07-07
2023-08-04
-10.5%
Ordinary volume
2023-09-08
2023-10-06
4.2%
Ordinary volume
2023-10-13
2023-11-10
7.5%
Ordinary volume
2023-11-10
2023-12-08
-0.2%
Ordinary volume
2023-12-08
2024-01-05
-4.0%
Ordinary volume
2024-04-05
2024-05-03
-6.3%
Ordinary volume
2024-05-24
2024-06-21
-6.7%
Ordinary volume
2024-08-09
2024-09-06
-0.8%
Ordinary volume
2024-09-27
2024-10-25
1.3%
Ordinary volume
2024-11-29
2024-12-27
-1.4%
Ordinary volume
2025-01-24
2025-02-21
-9.5%
Ordinary volume
2025-02-21
2025-03-21
-11.0%
Ordinary volume
2025-03-28
2025-04-25
-10.7%
Ordinary volume
2025-05-23
2025-06-20
2.7%
Ordinary volume
2025-06-20
2025-07-18
-15.9%
Ordinary volume
2025-08-29
2025-09-26
-16.9%
Ordinary volume
2025-10-10
2025-11-07
22.3%
Ordinary volume
2025-11-21
2025-12-19
-8.9%
Ordinary volume
2026-01-16
2026-02-13
-3.9%
Ordinary volume
2026-02-27
2026-03-27
-17.8%
Ordinary volume
2026-04-24
2026-05-22
-2.6%
Ordinary volume
2026-07-17
2026-08-14
-5.2%
Ordinary volume
2026-08-21
2026-09-18
-6.2%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-02
2021-10-01
-2.8%
High volume
2022-01-07
2022-04-08
1.0%
High volume
2022-04-29
2022-07-29
14.2%
High volume
2022-11-11
2023-02-10
21.3%
High volume
2023-06-16
2023-09-15
1.8%
High volume
2024-01-05
2024-04-05
57.0%
High volume
2024-12-20
2025-03-21
-18.1%
High volume
2025-04-04
2025-07-04
-0.4%
High volume
2025-08-01
2025-10-31
-1.6%
High volume
2026-03-20
2026-06-19
27.7%
Ordinary volume
2021-05-07
2021-08-06
-6.5%
Ordinary volume
2021-08-06
2021-11-05
-6.4%
Ordinary volume
2021-11-12
2022-02-11
-15.7%
Ordinary volume
2022-02-18
2022-05-20
-21.5%
Ordinary volume
2022-05-20
2022-08-19
10.8%
Ordinary volume
2022-08-26
2022-11-25
-20.7%
Ordinary volume
2022-12-23
2023-03-24
21.6%
Ordinary volume
2023-05-12
2023-08-11
-3.4%
Ordinary volume
2023-09-08
2023-12-08
3.5%
Ordinary volume
2023-12-08
2024-03-08
33.5%
Ordinary volume
2024-04-05
2024-07-05
-8.6%
Ordinary volume
2024-08-09
2024-11-08
18.4%
Ordinary volume
2024-11-29
2025-02-28
-11.8%
Ordinary volume
2025-03-14
2025-06-13
-6.0%
Ordinary volume
2025-06-20
2025-09-19
-24.6%
Ordinary volume
2025-10-10
2026-01-09
21.1%
Ordinary volume
2026-01-16
2026-04-17
-4.6%
Ordinary volume
2026-04-24
2026-07-24
26.4%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 40.10
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 price36.02
Earlier activity area32.34 โ 40.83
Recent volume balance5.7%
Recent weekly volume1.13ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
35.32
4140891
2025-10-24
36.32
2275770
2025-10-31
35.06
2624373
2025-11-07
38.94
5300721
2025-11-14
39.86
2621297
2025-11-21
39.58
2294380
2025-11-28
40.25
3062620
2025-12-05
36.23
2683149
2025-12-12
36.54
3427619
2025-12-19
36.05
3751062
2025-12-26
37.66
1910866
2026-01-02
35.61
1642597
2026-01-09
38.56
3603539
2026-01-16
37.40
2694952
2026-01-23
37.85
1862532
2026-01-30
35.98
2168629
2026-02-06
36.19
2103696
2026-02-13
35.96
1926778
2026-02-20
38.09
1804778
2026-02-27
35.68
2753729
2026-03-06
33.71
2421478
2026-03-13
32.54
2939177
2026-03-20
31.41
4130831
2026-03-27
29.34
4776209
2026-04-03
34.14
4202389
2026-04-10
33.70
1989647
2026-04-17
35.68
2426578
2026-04-24
35.64
2583010
2026-05-01
35.57
3319084
2026-05-08
33.46
4584017
2026-05-15
33.03
2946980
2026-05-22
34.73
3179546
2026-05-29
33.33
1791974
2026-06-05
36.30
3336022
2026-06-12
37.46
2488196
2026-06-19
40.10
3584900
2026-06-26
46.23
4696841
2026-07-03
46.98
2769658
2026-07-10
47.00
2513615
2026-07-17
46.64
2262577
2026-07-24
45.05
2600656
2026-07-31
45.96
2843814
2026-08-07
45.09
2215284
2026-08-14
44.20
1927386
2026-08-21
42.68
2670958
2026-08-28
40.95
2616386
2026-09-04
40.19
2297137
2026-09-11
38.34
1620578
2026-09-18
40.02
3437641
2026-09-25
39.71
2094963
2026-10-02
40.15
2731903
2026-10-09
40.10
3220653
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +5.67% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +4.59% over four weeks. Volume balance is +5.7% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.13ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 of 4 closes inside
Price was inside 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
21
0.63
Available
13 weeks
11
3.49
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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