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 negative; the estimated activity centre is higher.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price · 2026-10-09
Volume-supported decline
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-8.0%-14.6% over thirteen weeks
Latest relative volume0.97×2.43× recent four-week median
Closing pressure-13.2%Volume-weighted position within weekly ranges
Up-week volume share41.4%58.6% in declining weeks · 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
2025-11-07
-14.9%
-33.4%
0.46×
2025-11-14
-9.1%
-16.8%
0.90×
2025-11-21
-6.1%
-22.7%
1.57×
2025-11-28
4.4%
-11.2%
0.76×
2025-12-05
3.0%
-11.1%
1.54×
2025-12-12
19.9%
9.5%
2.44×
2025-12-19
4.5%
-11.8%
1.63×
2025-12-26
7.8%
0.7%
0.83×
2026-01-02
9.3%
3.7%
0.54×
2026-01-09
-9.3%
-31.1%
1.28×
2026-01-16
-3.3%
3.0%
1.02×
2026-01-23
-12.6%
-25.6%
1.02×
2026-01-30
-14.0%
-25.0%
1.41×
2026-02-06
-16.3%
-14.2%
1.44×
2026-02-13
-20.4%
-24.4%
0.94×
2026-02-20
-10.8%
-16.6%
0.56×
2026-02-27
10.1%
13.1%
2.86×
2026-03-06
66.3%
50.5%
3.35×
2026-03-13
59.5%
27.8%
2.03×
2026-03-20
31.7%
4.5%
1.94×
2026-03-27
6.2%
-15.2%
1.01×
2026-04-03
-20.9%
-65.9%
0.72×
2026-04-10
3.9%
-29.2%
0.87×
2026-04-17
65.5%
57.0%
2.78×
2026-04-24
59.9%
49.4%
1.47×
2026-05-01
63.1%
55.7%
0.98×
2026-05-08
35.8%
30.1%
1.11×
2026-05-15
15.1%
20.3%
2.42×
2026-05-22
19.3%
39.0%
1.10×
2026-05-29
18.4%
26.7%
0.56×
2026-06-05
32.0%
39.5%
1.30×
2026-06-12
21.4%
22.7%
0.77×
2026-06-19
28.6%
20.9%
0.62×
2026-06-26
24.0%
48.8%
1.81×
2026-07-03
11.0%
34.3%
1.04×
2026-07-10
-0.7%
19.9%
0.71×
2026-07-17
-6.5%
-3.2%
1.41×
2026-07-24
-15.7%
-62.4%
1.30×
2026-07-31
-10.2%
-46.9%
0.80×
2026-08-07
-5.9%
-34.0%
1.16×
2026-08-14
-2.9%
-21.6%
2.21×
2026-08-21
12.5%
21.8%
1.58×
2026-08-28
6.7%
11.2%
0.93×
2026-09-04
2.6%
12.5%
1.37×
2026-09-11
-0.5%
24.6%
0.55×
2026-09-18
-9.9%
-24.4%
1.55×
2026-09-25
-24.1%
-43.0%
4.33×
2026-10-02
-13.5%
-19.1%
3.26×
2026-10-09
-8.0%
-13.2%
0.97×
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
28% 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: 80% of the way from the weekly low to high.
Volume-weighted return tilt
-0.99 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
10.4 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume10.4 / 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 1.5× its preceding 26-week median; ordinary volume is 0.75–1.25×. Returns start at that week’s 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
6
—
7
—
Limited sample
Advancing weeks
13 weeks
3
—
2
—
Limited sample
Declining weeks
4 weeks
3
—
4
—
Limited sample
Declining weeks
13 weeks
2
—
3
—
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 · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2025-11-21
2025-12-19
4.5%
High volume
2026-02-27
2026-03-27
6.2%
High volume
2026-04-17
2026-05-15
15.1%
High volume
2026-05-15
2026-06-12
21.4%
High volume
2026-06-26
2026-07-24
-15.7%
High volume
2026-08-21
2026-09-18
-9.9%
Ordinary volume
2025-11-28
2025-12-26
7.8%
Ordinary volume
2025-12-26
2026-01-23
-12.6%
Ordinary volume
2026-04-10
2026-05-08
35.8%
Ordinary volume
2026-05-08
2026-06-05
32.0%
Ordinary volume
2026-06-12
2026-07-10
-0.7%
Ordinary volume
2026-07-31
2026-08-28
6.7%
Ordinary volume
2026-08-28
2026-09-25
-24.1%
Advancing weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2025-11-21
2026-02-20
-15.7%
High volume
2026-02-27
2026-05-29
112.6%
High volume
2026-06-26
2026-09-25
-27.3%
Ordinary volume
2025-11-28
2026-02-27
0.3%
Ordinary volume
2026-04-10
2026-07-10
91.2%
Declining weeks · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2025-12-05
2026-01-02
9.3%
High volume
2026-03-13
2026-04-10
3.9%
High volume
2026-08-14
2026-09-11
-0.5%
Ordinary volume
2025-11-14
2025-12-12
19.9%
Ordinary volume
2026-01-23
2026-02-20
-10.8%
Ordinary volume
2026-03-27
2026-04-24
59.9%
Ordinary volume
2026-05-22
2026-06-19
28.6%
Declining weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2025-12-05
2026-03-06
44.1%
High volume
2026-03-13
2026-06-12
100.1%
Ordinary volume
2025-11-14
2026-02-13
-13.1%
Ordinary volume
2026-02-13
2026-05-15
163.0%
Ordinary volume
2026-05-22
2026-08-21
23.3%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 23.79
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 price11.42
Earlier activity area8.40 – 25.53
Recent volume balance-13.2%
Recent weekly volume2.67×
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
11.12
394517
2025-10-24
11.64
345893
2025-10-31
10.51
342386
2025-11-07
10.31
266519
2025-11-14
10.11
502001
2025-11-21
10.93
867745
2025-11-28
10.97
421755
2025-12-05
10.62
815208
2025-12-12
12.12
1292677
2025-12-19
11.42
865196
2025-12-26
11.82
439268
2026-01-02
11.61
274790
2026-01-09
10.99
646157
2026-01-16
11.04
513628
2026-01-23
10.33
515153
2026-01-30
9.99
712771
2026-02-06
9.20
725283
2026-02-13
8.79
478658
2026-02-20
9.22
280293
2026-02-27
11.00
1400209
2026-03-06
15.30
1640605
2026-03-13
14.02
1025925
2026-03-20
12.14
985692
2026-03-27
11.68
513662
2026-04-03
12.11
371836
2026-04-10
14.57
446551
2026-04-17
20.09
1426416
2026-04-24
18.67
755650
2026-05-01
19.75
568316
2026-05-08
19.79
673759
2026-05-15
23.12
1596048
2026-05-22
22.27
760002
2026-05-29
23.38
387651
2026-06-05
26.13
897906
2026-06-12
28.06
535266
2026-06-19
28.63
406510
2026-06-26
28.98
1100174
2026-07-03
28.99
683989
2026-07-10
27.85
485362
2026-07-17
26.77
957704
2026-07-24
24.42
906496
2026-07-31
26.02
575577
2026-08-07
26.22
814165
2026-08-14
26.00
1592933
2026-08-21
27.46
1195914
2026-08-28
27.75
734713
2026-09-04
26.89
1035626
2026-09-11
25.87
414170
2026-09-18
24.75
1154700
2026-09-25
21.07
3224576
2026-10-02
23.25
2473516
2026-10-09
23.79
766829
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +27.53% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -8.04% over four weeks. Volume balance is -13.2% on a scale from −100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 2.67× the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 of 4 closes inside
Price was above 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 · 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
0
—
Too few examples
13 weeks
0
—
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. “Start from a date” 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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