The latest close is above the activity area established before the last four weeks. 4 of those four closes were above 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 move3.1%9.0% over thirteen weeks
Latest relative volume2.95ร3.22ร recent four-week median
Closing pressure3.4%Volume-weighted position within weekly ranges
Up-week volume share47.4%52.6% in declining weeks ยท last 13 weeks
At 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
-0.1%
16.1%
2.02ร
2025-10-24
2.2%
25.2%
1.32ร
2025-10-31
-2.7%
9.7%
0.92ร
2025-11-07
3.1%
29.2%
1.40ร
2025-11-14
12.1%
30.2%
3.65ร
2025-11-21
13.2%
40.2%
1.99ร
2025-11-28
15.8%
38.6%
2.54ร
2025-12-05
24.6%
62.5%
1.38ร
2025-12-12
8.4%
41.6%
1.50ร
2025-12-19
5.0%
13.5%
2.13ร
2025-12-26
-0.1%
2.1%
0.30ร
2026-01-02
-2.3%
-25.4%
0.33ร
2026-01-09
2.0%
13.4%
1.13ร
2026-01-16
4.6%
49.4%
0.94ร
2026-01-23
2.1%
49.1%
1.01ร
2026-01-30
2.2%
48.8%
1.21ร
2026-02-06
1.1%
45.3%
1.03ร
2026-02-13
0.2%
42.3%
1.56ร
2026-02-20
4.6%
42.9%
0.98ร
2026-02-27
4.8%
46.3%
1.00ร
2026-03-06
-6.0%
6.9%
1.08ร
2026-03-13
-10.2%
-5.9%
1.19ร
2026-03-20
-24.6%
-49.3%
2.34ร
2026-03-27
-25.4%
-63.3%
1.63ร
2026-04-03
-12.3%
-28.2%
1.26ร
2026-04-10
-1.8%
-13.9%
1.07ร
2026-04-17
17.9%
43.8%
1.46ร
2026-04-24
14.7%
47.4%
1.23ร
2026-05-01
4.9%
11.7%
0.97ร
2026-05-08
4.5%
9.8%
1.25ร
2026-05-15
5.9%
17.4%
2.07ร
2026-05-22
7.7%
33.5%
1.16ร
2026-05-29
10.6%
58.6%
0.82ร
2026-06-05
2.5%
55.3%
0.17ร
2026-06-12
3.9%
37.5%
0.21ร
2026-06-19
7.0%
28.7%
0.26ร
2026-06-26
2.9%
-8.9%
0.17ร
2026-07-03
9.3%
-13.6%
0.20ร
2026-07-10
-0.2%
-23.0%
0.23ร
2026-07-17
6.7%
0.2%
0.25ร
2026-07-24
5.1%
-19.2%
0.20ร
2026-07-31
4.3%
-11.4%
0.38ร
2026-08-07
10.4%
-5.5%
0.23ร
2026-08-14
0.4%
-7.2%
0.13ร
2026-08-21
4.9%
4.3%
0.11ร
2026-08-28
2.6%
22.2%
0.10ร
2026-09-04
-1.9%
19.6%
0.17ร
2026-09-11
-2.1%
-24.2%
1.94ร
2026-09-18
-4.1%
-18.5%
3.54ร
2026-09-25
-4.7%
-3.6%
3.05ร
2026-10-02
-2.6%
-18.5%
3.38ร
2026-10-09
3.1%
3.4%
2.95ร
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
44% 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: 75% of the way from the weekly low to high.
Volume-weighted return tilt
-0.04 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
57.9 / 100
Price direction30.0 / 30
Closing pressure1.0 / 30
Up-week volume11.8 / 25
Volume confirmation15.0 / 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
15
-4.3%
39
0.8%
-5.1 points
Advancing weeks
13 weeks
12
-0.5%
17
1.3%
-1.8 points
Declining weeks
4 weeks
18
2.3%
42
1.9%
0.4 points
Declining weeks
13 weeks
11
-7.8%
18
8.4%
-16.2 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
2021-10-15
2021-11-12
-8.9%
High volume
2021-11-19
2021-12-17
-0.6%
High volume
2022-01-28
2022-02-25
-4.6%
High volume
2022-11-11
2022-12-09
-5.0%
High volume
2023-08-04
2023-09-01
6.8%
High volume
2023-10-20
2023-11-17
26.4%
High volume
2024-03-15
2024-04-12
-7.8%
High volume
2024-05-31
2024-06-28
-9.4%
High volume
2024-10-25
2024-11-22
-4.6%
High volume
2025-01-17
2025-02-14
7.2%
High volume
2025-05-16
2025-06-13
-4.3%
High volume
2025-10-03
2025-10-31
-2.7%
High volume
2025-11-14
2025-12-12
8.4%
High volume
2026-02-13
2026-03-13
-10.2%
High volume
2026-05-15
2026-06-12
3.9%
Ordinary volume
2021-05-07
2021-06-04
-2.1%
Ordinary volume
2021-07-09
2021-08-06
6.3%
Ordinary volume
2021-08-06
2021-09-03
0.8%
Ordinary volume
2021-09-10
2021-10-08
-19.9%
Ordinary volume
2021-12-10
2022-01-07
2.3%
Ordinary volume
2022-02-04
2022-03-04
-17.9%
Ordinary volume
2022-04-01
2022-04-29
-5.7%
Ordinary volume
2022-05-13
2022-06-10
-5.1%
Ordinary volume
2022-07-22
2022-08-19
0.8%
Ordinary volume
2022-09-30
2022-10-28
15.1%
Ordinary volume
2022-10-28
2022-11-25
23.9%
Ordinary volume
2022-12-16
2023-01-13
6.1%
Ordinary volume
2023-01-13
2023-02-10
-6.4%
Ordinary volume
2023-02-10
2023-03-10
8.9%
Ordinary volume
2023-04-07
2023-05-05
-0.4%
Ordinary volume
2023-06-30
2023-07-28
10.7%
Ordinary volume
2023-07-28
2023-08-25
5.0%
Ordinary volume
2023-09-01
2023-09-29
-16.5%
Ordinary volume
2023-10-06
2023-11-03
12.2%
Ordinary volume
2023-11-24
2023-12-22
10.5%
Ordinary volume
2023-12-22
2024-01-19
-2.6%
Ordinary volume
2024-02-23
2024-03-22
8.1%
Ordinary volume
2024-04-19
2024-05-17
4.1%
Ordinary volume
2024-05-24
2024-06-21
4.2%
Ordinary volume
2024-06-21
2024-07-19
-1.6%
Ordinary volume
2024-08-09
2024-09-06
-3.0%
Ordinary volume
2024-09-13
2024-10-11
-1.2%
Ordinary volume
2024-12-06
2025-01-03
-0.7%
Ordinary volume
2025-02-14
2025-03-14
-8.2%
Ordinary volume
2025-04-18
2025-05-16
13.0%
Ordinary volume
2025-05-30
2025-06-27
-0.3%
Ordinary volume
2025-06-27
2025-07-25
-0.3%
Ordinary volume
2025-08-08
2025-09-05
-1.3%
Ordinary volume
2025-09-12
2025-10-10
-3.7%
Ordinary volume
2025-10-31
2025-11-28
15.8%
Ordinary volume
2026-01-09
2026-02-06
1.1%
Ordinary volume
2026-02-06
2026-03-06
-6.0%
Ordinary volume
2026-04-10
2026-05-08
4.5%
Ordinary volume
2026-05-29
2026-06-26
2.9%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-10-15
2022-01-14
-15.5%
High volume
2022-01-28
2022-04-29
-22.4%
High volume
2022-11-11
2023-02-10
-4.8%
High volume
2023-08-04
2023-11-03
1.5%
High volume
2023-11-10
2024-02-09
8.7%
High volume
2024-03-15
2024-06-14
-2.5%
High volume
2024-10-25
2025-01-24
10.7%
High volume
2025-01-31
2025-05-02
-18.7%
High volume
2025-05-16
2025-08-15
1.9%
High volume
2025-10-03
2026-01-02
12.1%
High volume
2026-02-13
2026-05-15
-4.5%
High volume
2026-05-15
2026-08-14
12.0%
Ordinary volume
2021-05-07
2021-08-06
5.6%
Ordinary volume
2021-08-06
2021-11-05
-12.2%
Ordinary volume
2021-12-10
2022-03-11
-21.7%
Ordinary volume
2022-04-01
2022-07-01
-25.7%
Ordinary volume
2022-07-22
2022-10-21
-15.1%
Ordinary volume
2022-10-21
2023-01-20
42.5%
Ordinary volume
2023-02-03
2023-05-05
-1.0%
Ordinary volume
2023-06-30
2023-09-29
3.0%
Ordinary volume
2023-10-06
2024-01-05
42.2%
Ordinary volume
2024-02-23
2024-05-24
7.7%
Ordinary volume
2024-05-24
2024-08-23
-8.0%
Ordinary volume
2024-08-23
2024-11-22
-1.5%
Ordinary volume
2024-12-06
2025-03-07
10.9%
Ordinary volume
2025-04-18
2025-07-18
15.0%
Ordinary volume
2025-08-08
2025-11-07
1.3%
Ordinary volume
2026-01-09
2026-04-10
-10.2%
Ordinary volume
2026-04-10
2026-07-10
12.3%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-09-17
2021-10-15
-2.0%
High volume
2021-10-29
2021-11-26
-13.6%
High volume
2022-03-11
2022-04-08
4.3%
High volume
2022-05-20
2022-06-17
-3.9%
High volume
2022-06-24
2022-07-22
-0.3%
High volume
2023-05-05
2023-06-02
-11.6%
High volume
2023-09-15
2023-10-13
-10.9%
High volume
2024-01-26
2024-02-23
-1.6%
High volume
2024-05-17
2024-06-14
1.4%
High volume
2024-06-28
2024-07-26
5.2%
High volume
2024-08-02
2024-08-30
8.4%
High volume
2025-03-14
2025-04-11
-16.1%
High volume
2025-04-11
2025-05-09
6.0%
High volume
2025-08-01
2025-08-29
5.5%
High volume
2025-10-10
2025-11-07
3.1%
High volume
2025-12-19
2026-01-16
4.6%
High volume
2026-03-20
2026-04-17
17.9%
High volume
2026-09-11
2026-10-09
3.1%
Ordinary volume
2021-05-14
2021-06-11
8.9%
Ordinary volume
2021-06-18
2021-07-16
-5.2%
Ordinary volume
2021-07-16
2021-08-13
5.8%
Ordinary volume
2021-08-13
2021-09-10
3.0%
Ordinary volume
2021-11-26
2021-12-24
4.7%
Ordinary volume
2022-01-07
2022-02-04
-0.3%
Ordinary volume
2022-02-11
2022-03-11
-22.3%
Ordinary volume
2022-03-25
2022-04-22
-3.3%
Ordinary volume
2022-05-06
2022-06-03
0.3%
Ordinary volume
2022-06-03
2022-07-01
-19.6%
Ordinary volume
2022-07-01
2022-07-29
4.9%
Ordinary volume
2022-07-29
2022-08-26
-5.7%
Ordinary volume
2022-09-16
2022-10-14
-2.6%
Ordinary volume
2022-12-02
2022-12-30
-2.2%
Ordinary volume
2023-01-27
2023-02-24
10.2%
Ordinary volume
2023-03-24
2023-04-21
-4.5%
Ordinary volume
2023-05-26
2023-06-23
0.1%
Ordinary volume
2023-06-23
2023-07-21
8.7%
Ordinary volume
2023-07-21
2023-08-18
13.8%
Ordinary volume
2023-08-18
2023-09-15
-3.3%
Ordinary volume
2023-09-22
2023-10-20
-1.4%
Ordinary volume
2023-10-27
2023-11-24
30.3%
Ordinary volume
2024-01-05
2024-02-02
-0.2%
Ordinary volume
2024-02-02
2024-03-01
-2.6%
Ordinary volume
2024-03-01
2024-03-29
11.0%
Ordinary volume
2024-04-12
2024-05-10
11.8%
Ordinary volume
2024-06-14
2024-07-12
5.8%
Ordinary volume
2024-07-19
2024-08-16
-14.4%
Ordinary volume
2024-08-16
2024-09-13
1.4%
Ordinary volume
2024-10-04
2024-11-01
5.6%
Ordinary volume
2024-11-08
2024-12-06
7.0%
Ordinary volume
2024-12-20
2025-01-17
7.1%
Ordinary volume
2025-02-21
2025-03-21
-8.3%
Ordinary volume
2025-03-28
2025-04-25
-15.4%
Ordinary volume
2025-04-25
2025-05-23
9.9%
Ordinary volume
2025-05-23
2025-06-20
-2.9%
Ordinary volume
2025-07-25
2025-08-22
6.4%
Ordinary volume
2025-08-29
2025-09-26
2.3%
Ordinary volume
2026-01-23
2026-02-20
4.6%
Ordinary volume
2026-02-27
2026-03-27
-25.4%
Ordinary volume
2026-04-24
2026-05-22
7.7%
Ordinary volume
2026-05-22
2026-06-19
7.0%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-09-17
2021-12-17
-9.5%
High volume
2022-03-11
2022-06-10
-7.8%
High volume
2022-06-24
2022-09-23
-22.1%
High volume
2023-05-05
2023-08-04
12.4%
High volume
2023-09-15
2023-12-15
30.5%
High volume
2024-01-26
2024-04-26
5.7%
High volume
2024-05-17
2024-08-16
-11.5%
High volume
2025-03-14
2025-06-13
-8.9%
High volume
2025-08-01
2025-10-31
13.0%
High volume
2025-12-19
2026-03-20
-19.8%
High volume
2026-03-20
2026-06-19
30.5%
Ordinary volume
2021-05-14
2021-08-13
8.2%
Ordinary volume
2021-08-13
2021-11-12
-21.2%
Ordinary volume
2021-11-26
2022-02-25
-2.1%
Ordinary volume
2022-02-25
2022-05-27
-19.2%
Ordinary volume
2022-06-03
2022-09-02
-20.8%
Ordinary volume
2022-09-16
2022-12-16
35.2%
Ordinary volume
2023-01-27
2023-04-28
0.3%
Ordinary volume
2023-05-26
2023-08-25
23.1%
Ordinary volume
2023-08-25
2023-11-24
18.8%
Ordinary volume
2024-01-05
2024-04-05
8.6%
Ordinary volume
2024-04-12
2024-07-12
11.8%
Ordinary volume
2024-07-19
2024-10-18
-15.0%
Ordinary volume
2024-10-18
2025-01-17
18.2%
Ordinary volume
2025-02-21
2025-05-23
-15.4%
Ordinary volume
2025-05-23
2025-08-22
8.9%
Ordinary volume
2025-08-29
2025-11-28
24.0%
Ordinary volume
2026-01-23
2026-04-24
-10.7%
Ordinary volume
2026-04-24
2026-07-24
18.5%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 40.56
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 price35.89
Earlier activity area32.10 โ 38.69
Recent volume balance3.4%
Recent weekly volume1.18ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
29.77
936645
2025-10-24
30.17
614414
2025-10-31
30.89
444503
2025-11-07
29.21
649682
2025-11-14
33.39
1697374
2025-11-21
34.15
922721
2025-11-28
35.77
1179745
2025-12-05
36.38
638795
2025-12-12
36.20
771221
2025-12-19
35.85
1209993
2025-12-26
35.73
177875
2026-01-02
35.56
197277
2026-01-09
36.93
668916
2026-01-16
37.51
587572
2026-01-23
36.48
630241
2026-01-30
36.34
762257
2026-02-06
37.34
648394
2026-02-13
37.59
990922
2026-02-20
38.16
628270
2026-02-27
38.08
641031
2026-03-06
35.09
694923
2026-03-13
33.76
769540
2026-03-20
28.76
1540179
2026-03-27
28.41
1112758
2026-04-03
30.77
907643
2026-04-10
33.15
782781
2026-04-17
33.90
1063728
2026-04-24
32.59
898600
2026-05-01
32.28
746249
2026-05-08
34.64
959645
2026-05-15
35.89
1595361
2026-05-22
35.10
891045
2026-05-29
35.68
634118
2026-06-05
35.50
133538
2026-06-12
37.30
159973
2026-06-19
37.54
193152
2026-06-26
36.72
120589
2026-07-03
38.80
142717
2026-07-10
37.22
168848
2026-07-17
40.04
182036
2026-07-24
38.60
146710
2026-07-31
40.48
274492
2026-08-07
41.10
151710
2026-08-14
40.20
87570
2026-08-21
40.50
68667
2026-08-28
41.54
65371
2026-09-04
40.34
78011
2026-09-11
39.34
452687
2026-09-18
38.86
827085
2026-09-25
39.58
713887
2026-10-02
39.28
790473
2026-10-09
40.56
688711
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +15.61% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +3.10% over four weeks. Volume balance is +3.4% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.18ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 of 4 closes above
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
Further closes above 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
13
-1.56
Available
13 weeks
6
2.74
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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