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 negative; the estimated activity centre is higher.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 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-21.5%-16.9% over thirteen weeks
Latest relative volume12.92ร5.29ร recent four-week median
Closing pressure-22.7%Volume-weighted position within weekly ranges
Up-week volume share42.5%57.5% in declining weeks ยท last 13 weeks
13-week range breakdownRejected range breakoutAt 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
8.6%
29.8%
1.26ร
2025-10-24
6.5%
5.5%
1.83ร
2025-10-31
6.0%
-0.4%
1.56ร
2025-11-07
-4.6%
-25.3%
1.23ร
2025-11-14
-9.2%
-39.9%
0.82ร
2025-11-21
-7.0%
-11.7%
0.98ร
2025-11-28
-4.4%
-14.1%
0.96ร
2025-12-05
3.4%
12.1%
0.74ร
2025-12-12
5.2%
26.0%
0.42ร
2025-12-19
14.9%
54.5%
1.14ร
2025-12-26
18.9%
48.8%
1.24ร
2026-01-02
22.8%
62.8%
0.37ร
2026-01-09
29.4%
71.5%
0.57ร
2026-01-16
15.2%
33.9%
0.83ร
2026-01-23
1.9%
11.5%
0.68ร
2026-01-30
-1.6%
-9.6%
0.99ร
2026-02-06
-27.7%
-43.4%
15.01ร
2026-02-13
-24.1%
-26.1%
4.99ร
2026-02-20
-23.3%
-28.4%
2.09ร
2026-02-27
-12.5%
-12.3%
4.69ร
2026-03-06
18.1%
35.0%
1.61ร
2026-03-13
16.2%
38.7%
1.49ร
2026-03-20
17.3%
61.7%
1.25ร
2026-03-27
-6.3%
-18.5%
8.18ร
2026-04-03
-18.3%
-39.4%
1.51ร
2026-04-10
-12.4%
-36.6%
1.36ร
2026-04-17
-2.9%
-29.9%
1.83ร
2026-04-24
5.5%
-1.2%
1.29ร
2026-05-01
10.2%
0.8%
2.36ร
2026-05-08
10.2%
15.9%
2.67ร
2026-05-15
3.6%
16.5%
1.09ร
2026-05-22
5.5%
50.1%
1.77ร
2026-05-29
15.1%
90.3%
0.45ร
2026-06-05
12.2%
81.1%
2.20ร
2026-06-12
7.1%
72.2%
0.16ร
2026-06-19
8.3%
51.0%
0.11ร
2026-06-26
2.0%
31.9%
0.21ร
2026-07-03
0.4%
-42.4%
0.22ร
2026-07-10
5.3%
-31.5%
0.49ร
2026-07-17
5.0%
-27.6%
0.34ร
2026-07-24
2.3%
-26.5%
0.37ร
2026-07-31
-7.1%
-39.4%
0.29ร
2026-08-07
-1.3%
0.6%
0.59ร
2026-08-14
-0.4%
24.2%
0.42ร
2026-08-21
9.4%
11.7%
0.72ร
2026-08-28
9.9%
3.2%
0.69ร
2026-09-04
0.0%
6.0%
0.75ร
2026-09-11
5.2%
0.8%
2.60ร
2026-09-18
9.6%
54.5%
3.98ร
2026-09-25
26.4%
71.9%
4.75ร
2026-10-02
23.8%
30.1%
5.83ร
2026-10-09
-21.5%
-22.7%
12.92ร
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
39% 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: 7% of the way from the weekly low to high.
Volume-weighted return tilt
-8.33 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
10.6 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume10.6 / 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
22
3.0%
33
0.8%
2.3 points
Advancing weeks
13 weeks
16
8.6%
15
-2.5%
11.1 points
Declining weeks
4 weeks
23
1.2%
28
-1.1%
2.3 points
Declining weeks
13 weeks
13
6.0%
15
2.9%
3.1 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
2021-06-04
2021-07-02
16.5%
High volume
2021-09-03
2021-10-01
7.9%
High volume
2021-11-26
2021-12-24
6.1%
High volume
2022-05-20
2022-06-17
-13.6%
High volume
2022-08-19
2022-09-16
-11.2%
High volume
2022-11-18
2022-12-16
3.7%
High volume
2023-03-03
2023-03-31
10.6%
High volume
2023-08-18
2023-09-15
0.0%
High volume
2024-02-23
2024-03-22
5.9%
High volume
2024-04-12
2024-05-10
-7.8%
High volume
2024-08-23
2024-09-20
8.0%
High volume
2024-09-20
2024-10-18
2.5%
High volume
2024-11-22
2024-12-20
0.9%
High volume
2025-02-28
2025-03-28
-2.5%
High volume
2025-04-11
2025-05-09
17.3%
High volume
2025-07-18
2025-08-15
1.7%
High volume
2025-08-22
2025-09-19
-1.9%
High volume
2025-10-31
2025-11-28
-4.4%
High volume
2026-02-13
2026-03-13
16.2%
High volume
2026-04-17
2026-05-15
3.6%
High volume
2026-05-22
2026-06-19
8.3%
High volume
2026-09-11
2026-10-09
-21.5%
Ordinary volume
2021-06-18
2021-07-16
-1.9%
Ordinary volume
2021-07-16
2021-08-13
-3.2%
Ordinary volume
2021-08-13
2021-09-10
11.5%
Ordinary volume
2021-10-08
2021-11-05
-16.9%
Ordinary volume
2021-12-24
2022-01-21
-4.6%
Ordinary volume
2022-02-11
2022-03-11
-1.1%
Ordinary volume
2022-03-18
2022-04-15
9.4%
Ordinary volume
2022-06-03
2022-07-01
-21.5%
Ordinary volume
2022-07-08
2022-08-05
5.1%
Ordinary volume
2022-12-16
2023-01-13
13.3%
Ordinary volume
2023-01-13
2023-02-10
5.9%
Ordinary volume
2023-03-10
2023-04-07
0.8%
Ordinary volume
2023-04-21
2023-05-19
13.7%
Ordinary volume
2023-06-02
2023-06-30
-19.9%
Ordinary volume
2023-07-21
2023-08-18
25.0%
Ordinary volume
2023-09-01
2023-09-29
2.5%
Ordinary volume
2023-11-10
2023-12-08
2.0%
Ordinary volume
2023-12-15
2024-01-12
-4.2%
Ordinary volume
2024-01-19
2024-02-16
10.0%
Ordinary volume
2024-03-29
2024-04-26
-3.8%
Ordinary volume
2024-04-26
2024-05-24
-5.3%
Ordinary volume
2024-06-07
2024-07-05
-8.3%
Ordinary volume
2024-07-19
2024-08-16
-5.1%
Ordinary volume
2024-10-04
2024-11-01
-3.9%
Ordinary volume
2024-11-08
2024-12-06
3.6%
Ordinary volume
2025-01-31
2025-02-28
-16.1%
Ordinary volume
2025-04-18
2025-05-16
17.8%
Ordinary volume
2025-05-16
2025-06-13
-4.3%
Ordinary volume
2025-06-27
2025-07-25
-4.3%
Ordinary volume
2025-11-28
2025-12-26
18.9%
Ordinary volume
2025-12-26
2026-01-23
1.9%
Ordinary volume
2026-05-15
2026-06-12
7.1%
Ordinary volume
2026-09-04
2026-10-02
23.8%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-04
2021-09-03
-0.6%
High volume
2021-09-03
2021-12-03
10.7%
High volume
2021-12-03
2022-03-04
-16.4%
High volume
2022-05-20
2022-08-19
-10.2%
High volume
2022-08-19
2022-11-18
-40.3%
High volume
2022-11-18
2023-02-17
23.2%
High volume
2023-03-03
2023-06-02
30.8%
High volume
2023-08-18
2023-11-17
8.7%
High volume
2024-02-23
2024-05-24
-3.1%
High volume
2024-08-23
2024-11-22
4.4%
High volume
2024-11-22
2025-02-21
-18.6%
High volume
2025-02-28
2025-05-30
8.6%
High volume
2025-07-18
2025-10-17
13.6%
High volume
2025-10-31
2026-01-30
15.0%
High volume
2026-02-13
2026-05-15
16.9%
High volume
2026-05-22
2026-08-21
17.6%
Ordinary volume
2021-06-18
2021-09-17
5.8%
Ordinary volume
2021-10-08
2022-01-07
-7.5%
Ordinary volume
2022-02-11
2022-05-13
-3.3%
Ordinary volume
2022-06-03
2022-09-02
-17.8%
Ordinary volume
2022-12-16
2023-03-17
3.9%
Ordinary volume
2023-04-21
2023-07-21
-11.0%
Ordinary volume
2023-07-21
2023-10-20
35.5%
Ordinary volume
2023-11-10
2024-02-09
20.9%
Ordinary volume
2024-03-29
2024-06-28
-6.0%
Ordinary volume
2024-06-28
2024-09-27
12.9%
Ordinary volume
2024-10-04
2025-01-03
-2.5%
Ordinary volume
2025-01-31
2025-05-02
-12.2%
Ordinary volume
2025-05-16
2025-08-15
-4.5%
Ordinary volume
2025-11-28
2026-02-27
5.3%
Ordinary volume
2026-05-15
2026-08-14
13.6%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-02
2021-07-30
-18.2%
High volume
2021-08-27
2021-09-24
15.0%
High volume
2021-12-10
2022-01-07
-1.2%
High volume
2022-01-28
2022-02-25
-2.1%
High volume
2022-06-10
2022-07-08
-6.9%
High volume
2022-09-02
2022-09-30
-15.9%
High volume
2022-09-30
2022-10-28
-27.2%
High volume
2023-02-24
2023-03-24
5.2%
High volume
2023-05-19
2023-06-16
-15.1%
High volume
2023-06-16
2023-07-14
-12.4%
High volume
2024-02-16
2024-03-15
11.0%
High volume
2024-06-21
2024-07-19
7.1%
High volume
2024-11-01
2024-11-29
5.3%
High volume
2024-12-06
2025-01-03
-2.3%
High volume
2025-01-24
2025-02-21
-13.8%
High volume
2025-02-21
2025-03-21
5.9%
High volume
2025-03-28
2025-04-25
4.6%
High volume
2025-06-20
2025-07-18
1.2%
High volume
2025-09-19
2025-10-17
8.6%
High volume
2025-10-24
2025-11-21
-7.0%
High volume
2026-02-06
2026-03-06
18.1%
High volume
2026-03-27
2026-04-24
5.5%
High volume
2026-05-01
2026-05-29
15.1%
Ordinary volume
2021-07-23
2021-08-20
-2.7%
Ordinary volume
2021-09-24
2021-10-22
-0.4%
Ordinary volume
2021-10-29
2021-11-26
-2.0%
Ordinary volume
2021-12-17
2022-01-14
0.6%
Ordinary volume
2022-02-18
2022-03-18
2.4%
Ordinary volume
2022-05-13
2022-06-10
-4.6%
Ordinary volume
2022-08-12
2022-09-09
-3.2%
Ordinary volume
2022-12-02
2022-12-30
3.5%
Ordinary volume
2023-02-17
2023-03-17
-12.5%
Ordinary volume
2023-06-09
2023-07-07
-17.3%
Ordinary volume
2023-07-07
2023-08-04
8.1%
Ordinary volume
2023-08-04
2023-09-01
22.0%
Ordinary volume
2023-09-15
2023-10-13
5.6%
Ordinary volume
2023-12-01
2023-12-29
8.0%
Ordinary volume
2024-01-12
2024-02-09
14.7%
Ordinary volume
2024-04-05
2024-05-03
-2.9%
Ordinary volume
2024-05-03
2024-05-31
-1.9%
Ordinary volume
2024-08-09
2024-09-06
7.6%
Ordinary volume
2024-09-27
2024-10-25
0.6%
Ordinary volume
2024-12-13
2025-01-10
-2.9%
Ordinary volume
2025-01-10
2025-02-07
-1.9%
Ordinary volume
2025-02-14
2025-03-14
-14.8%
Ordinary volume
2025-05-23
2025-06-20
-3.7%
Ordinary volume
2025-07-04
2025-08-01
-2.4%
Ordinary volume
2025-08-15
2025-09-12
3.8%
Ordinary volume
2025-09-12
2025-10-10
4.9%
Ordinary volume
2025-11-07
2025-12-05
3.4%
Ordinary volume
2026-01-16
2026-02-13
-24.1%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-02
2021-10-01
-8.0%
High volume
2021-12-10
2022-03-11
-10.7%
High volume
2022-06-10
2022-09-09
-7.4%
High volume
2022-09-16
2022-12-16
-30.3%
High volume
2023-02-24
2023-05-26
32.5%
High volume
2023-06-16
2023-09-15
15.2%
High volume
2024-02-16
2024-05-17
3.6%
High volume
2024-06-21
2024-09-20
18.3%
High volume
2024-11-01
2025-01-31
-3.4%
High volume
2025-02-21
2025-05-23
14.9%
High volume
2025-06-20
2025-09-19
6.0%
High volume
2025-09-19
2025-12-19
12.5%
High volume
2026-02-06
2026-05-08
13.8%
Ordinary volume
2021-07-23
2021-10-22
8.8%
Ordinary volume
2021-10-29
2022-01-28
-8.9%
Ordinary volume
2022-02-18
2022-05-20
3.3%
Ordinary volume
2022-05-27
2022-08-26
-12.1%
Ordinary volume
2022-08-26
2022-11-25
-32.1%
Ordinary volume
2022-12-02
2023-03-03
-0.4%
Ordinary volume
2023-06-09
2023-09-08
11.0%
Ordinary volume
2023-09-15
2023-12-15
19.3%
Ordinary volume
2024-01-12
2024-04-12
26.4%
Ordinary volume
2024-04-19
2024-07-19
1.4%
Ordinary volume
2024-08-09
2024-11-08
13.0%
Ordinary volume
2024-12-13
2025-03-14
-22.2%
Ordinary volume
2025-05-23
2025-08-22
4.0%
Ordinary volume
2025-09-12
2025-12-12
2.9%
Ordinary volume
2026-01-16
2026-04-17
-14.3%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 4.63
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 price4.68
Earlier activity area4.05 โ 5.11
Recent volume balance-22.7%
Recent weekly volume5.27ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
4.66
2550468
2025-10-24
4.52
3876532
2025-10-31
4.71
3569210
2025-11-07
4.34
2805859
2025-11-14
4.24
2018052
2025-11-21
4.21
2420968
2025-11-28
4.50
2374394
2025-12-05
4.48
1777345
2025-12-12
4.45
1003898
2025-12-19
4.83
2738418
2025-12-26
5.36
2971532
2026-01-02
5.51
923677
2026-01-09
5.76
1412370
2026-01-16
5.57
2040289
2026-01-23
5.46
1626823
2026-01-30
5.42
2384309
2026-02-06
4.17
36053702
2026-02-13
4.23
12335000
2026-02-20
4.19
5196039
2026-02-27
4.74
11653019
2026-03-06
4.92
4009578
2026-03-13
4.91
3940548
2026-03-20
4.91
3456624
2026-03-27
4.44
22673211
2026-04-03
4.02
4181654
2026-04-10
4.30
3780563
2026-04-17
4.77
5291897
2026-04-24
4.69
4138704
2026-05-01
4.43
7597031
2026-05-08
4.74
8583675
2026-05-15
4.94
3926511
2026-05-22
4.95
6823090
2026-05-29
5.10
1772763
2026-06-05
5.32
8652237
2026-06-12
5.29
652222
2026-06-19
5.36
455405
2026-06-26
5.20
834733
2026-07-03
5.34
879004
2026-07-10
5.57
1941330
2026-07-17
5.63
1336833
2026-07-24
5.32
1455185
2026-07-31
4.96
1142687
2026-08-07
5.50
2360365
2026-08-14
5.61
1665385
2026-08-21
5.82
2783841
2026-08-28
5.45
2485425
2026-09-04
5.50
2354246
2026-09-11
5.90
6852776
2026-09-18
6.38
10475465
2026-09-25
6.89
12519988
2026-10-02
6.81
15353057
2026-10-09
4.63
34046658
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +30.20% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -21.53% over four weeks. Volume balance is -22.7% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 5.27ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
1 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 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
18
2.17
Available
13 weeks
10
3.66
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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