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 lower.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price · 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-3.3%-19.6% over thirteen weeks
Latest relative volume0.71×1.09× recent four-week median
Closing pressure-8.5%Volume-weighted position within weekly ranges
Up-week volume share33.7%66.3% 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
2025-10-17
-6.9%
-42.9%
1.29×
2025-10-24
-1.7%
-38.3%
1.32×
2025-10-31
0.1%
-45.0%
1.81×
2025-11-07
1.9%
-24.3%
1.09×
2025-11-14
-3.4%
-34.2%
1.08×
2025-11-21
-9.1%
-21.5%
1.54×
2025-11-28
-7.8%
6.8%
1.22×
2025-12-05
-5.6%
9.9%
1.60×
2025-12-12
-2.1%
11.4%
2.05×
2025-12-19
2.6%
28.5%
1.67×
2025-12-26
-2.4%
13.6%
0.49×
2026-01-02
-1.4%
16.7%
0.48×
2026-01-09
6.3%
68.4%
1.23×
2026-01-16
4.5%
70.9%
1.17×
2026-01-23
7.4%
68.4%
1.21×
2026-01-30
11.8%
74.5%
1.59×
2026-02-06
14.1%
63.8%
2.04×
2026-02-13
16.9%
45.3%
1.11×
2026-02-20
11.9%
41.2%
0.74×
2026-02-27
8.1%
32.9%
0.84×
2026-03-06
-8.7%
-6.6%
0.86×
2026-03-13
-14.9%
-26.9%
1.14×
2026-03-20
-9.5%
-18.2%
1.26×
2026-03-27
-15.8%
-53.9%
1.10×
2026-04-03
-4.5%
-40.2%
0.68×
2026-04-10
13.8%
-1.1%
0.83×
2026-04-17
5.6%
-8.0%
1.25×
2026-04-24
12.4%
7.6%
0.73×
2026-05-01
21.4%
27.4%
1.27×
2026-05-08
5.9%
14.3%
0.91×
2026-05-15
5.9%
3.7%
0.59×
2026-05-22
3.9%
16.5%
0.96×
2026-05-29
-5.2%
-11.3%
0.98×
2026-06-05
0.5%
-9.4%
0.98×
2026-06-12
8.1%
11.9%
0.98×
2026-06-19
13.3%
17.9%
0.68×
2026-06-26
14.8%
24.8%
0.88×
2026-07-03
4.0%
6.2%
0.59×
2026-07-10
-1.2%
7.4%
0.81×
2026-07-17
-4.3%
-8.8%
0.75×
2026-07-24
-6.1%
10.0%
0.95×
2026-07-31
-11.5%
-3.1%
1.90×
2026-08-07
-7.4%
-13.1%
0.89×
2026-08-14
-8.3%
-20.3%
0.73×
2026-08-21
-12.4%
-49.2%
0.83×
2026-08-28
-4.9%
-43.8%
1.04×
2026-09-04
-6.7%
-19.5%
0.80×
2026-09-11
-8.5%
-9.6%
0.75×
2026-09-18
-10.8%
-21.2%
1.85×
2026-09-25
-4.1%
3.3%
1.11×
2026-10-02
-7.7%
-13.9%
1.08×
2026-10-09
-3.3%
-8.5%
0.71×
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
25% 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: 51% of the way from the weekly low to high.
Volume-weighted return tilt
-0.92 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
8.4 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume8.4 / 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
9
3.0%
43
-0.7%
3.7 points
Advancing weeks
13 weeks
6
—
18
—
Limited sample
Declining weeks
4 weeks
14
-1.3%
38
-0.8%
-0.6 points
Declining weeks
13 weeks
8
3.0%
16
4.4%
-1.4 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 · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2023-05-05
2023-06-02
2.5%
High volume
2024-03-01
2024-03-29
3.0%
High volume
2024-04-26
2024-05-24
8.9%
High volume
2024-06-28
2024-07-26
5.9%
High volume
2024-11-22
2024-12-20
-10.8%
High volume
2025-02-14
2025-03-14
2.2%
High volume
2025-10-31
2025-11-28
-7.8%
High volume
2025-12-19
2026-01-16
4.5%
High volume
2026-01-30
2026-02-27
8.1%
Ordinary volume
2021-04-23
2021-05-21
-1.1%
Ordinary volume
2021-05-21
2021-06-18
2.7%
Ordinary volume
2021-06-25
2021-07-23
10.3%
Ordinary volume
2021-07-23
2021-08-20
6.7%
Ordinary volume
2021-10-15
2021-11-12
5.3%
Ordinary volume
2021-11-19
2021-12-17
-8.6%
Ordinary volume
2022-02-25
2022-03-25
2.6%
Ordinary volume
2022-04-22
2022-05-20
-8.6%
Ordinary volume
2022-05-27
2022-06-24
-9.4%
Ordinary volume
2022-07-29
2022-08-26
-0.7%
Ordinary volume
2022-10-21
2022-11-18
25.3%
Ordinary volume
2022-12-02
2022-12-30
-7.3%
Ordinary volume
2023-01-13
2023-02-10
-2.3%
Ordinary volume
2023-03-24
2023-04-21
3.0%
Ordinary volume
2023-04-21
2023-05-19
-5.0%
Ordinary volume
2023-05-19
2023-06-16
9.6%
Ordinary volume
2023-06-23
2023-07-21
11.9%
Ordinary volume
2023-08-25
2023-09-22
-3.9%
Ordinary volume
2023-09-29
2023-10-27
-15.4%
Ordinary volume
2023-11-03
2023-12-01
5.3%
Ordinary volume
2023-12-01
2023-12-29
8.3%
Ordinary volume
2024-02-02
2024-03-01
-0.6%
Ordinary volume
2024-03-22
2024-04-19
-7.5%
Ordinary volume
2024-05-10
2024-06-07
-4.3%
Ordinary volume
2024-06-14
2024-07-12
2.9%
Ordinary volume
2024-07-12
2024-08-09
-2.5%
Ordinary volume
2024-08-09
2024-09-06
7.9%
Ordinary volume
2024-09-13
2024-10-11
6.7%
Ordinary volume
2024-10-11
2024-11-08
-5.8%
Ordinary volume
2024-11-29
2024-12-27
-10.7%
Ordinary volume
2025-04-25
2025-05-23
18.6%
Ordinary volume
2025-06-13
2025-07-11
7.9%
Ordinary volume
2025-07-25
2025-08-22
-16.1%
Ordinary volume
2025-09-05
2025-10-03
-9.0%
Ordinary volume
2025-10-03
2025-10-31
0.1%
Ordinary volume
2025-11-28
2025-12-26
-2.4%
Ordinary volume
2026-01-09
2026-02-06
14.1%
Ordinary volume
2026-02-13
2026-03-13
-14.9%
Ordinary volume
2026-04-10
2026-05-08
5.9%
Ordinary volume
2026-05-29
2026-06-26
14.8%
Ordinary volume
2026-06-26
2026-07-24
-6.1%
Ordinary volume
2026-07-24
2026-08-21
-12.4%
Ordinary volume
2026-09-04
2026-10-02
-7.7%
Advancing weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2023-05-05
2023-08-04
35.2%
High volume
2024-03-01
2024-05-31
12.3%
High volume
2024-06-28
2024-09-27
27.7%
High volume
2024-11-22
2025-02-21
-13.8%
High volume
2025-10-31
2026-01-30
0.6%
High volume
2026-01-30
2026-05-01
13.5%
Ordinary volume
2021-04-23
2021-07-23
17.3%
Ordinary volume
2021-07-23
2021-10-22
5.3%
Ordinary volume
2021-11-19
2022-02-18
-22.7%
Ordinary volume
2022-02-25
2022-05-27
-10.7%
Ordinary volume
2022-05-27
2022-08-26
0.5%
Ordinary volume
2022-10-21
2023-01-20
22.0%
Ordinary volume
2023-02-03
2023-05-05
-9.2%
Ordinary volume
2023-05-19
2023-08-18
25.3%
Ordinary volume
2023-08-25
2023-11-24
-3.3%
Ordinary volume
2023-12-01
2024-03-01
6.5%
Ordinary volume
2024-03-22
2024-06-21
9.3%
Ordinary volume
2024-07-12
2024-10-11
23.7%
Ordinary volume
2024-10-11
2025-01-10
-18.0%
Ordinary volume
2025-04-25
2025-07-25
35.7%
Ordinary volume
2025-07-25
2025-10-24
-28.4%
Ordinary volume
2025-11-28
2026-02-27
17.9%
Ordinary volume
2026-02-27
2026-05-29
-0.5%
Ordinary volume
2026-05-29
2026-08-28
-8.0%
Declining weeks · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-01-28
2022-02-25
-2.6%
High volume
2022-03-04
2022-04-01
2.3%
High volume
2022-04-29
2022-05-27
5.1%
High volume
2023-03-10
2023-04-07
-8.4%
High volume
2023-04-28
2023-05-26
-1.8%
High volume
2024-02-09
2024-03-08
3.6%
High volume
2024-10-25
2024-11-22
4.5%
High volume
2024-12-20
2025-01-17
1.7%
High volume
2025-01-31
2025-02-28
-0.9%
High volume
2025-02-28
2025-03-28
-2.3%
High volume
2025-08-01
2025-08-29
-2.6%
High volume
2025-09-12
2025-10-10
-8.1%
High volume
2025-11-21
2025-12-19
2.6%
High volume
2026-07-31
2026-08-28
-4.9%
Ordinary volume
2021-04-30
2021-05-28
5.4%
Ordinary volume
2021-06-18
2021-07-16
9.2%
Ordinary volume
2021-09-24
2021-10-22
2.9%
Ordinary volume
2021-11-26
2021-12-24
-4.4%
Ordinary volume
2022-01-07
2022-02-04
-11.6%
Ordinary volume
2022-04-01
2022-04-29
-16.6%
Ordinary volume
2022-06-03
2022-07-01
-8.7%
Ordinary volume
2022-07-01
2022-07-29
12.6%
Ordinary volume
2022-08-26
2022-09-23
-10.3%
Ordinary volume
2022-09-23
2022-10-21
-2.6%
Ordinary volume
2022-12-16
2023-01-13
10.4%
Ordinary volume
2023-01-20
2023-02-17
6.2%
Ordinary volume
2023-02-24
2023-03-24
-0.8%
Ordinary volume
2023-04-07
2023-05-05
1.8%
Ordinary volume
2023-05-26
2023-06-23
18.0%
Ordinary volume
2023-07-21
2023-08-18
-0.7%
Ordinary volume
2023-08-18
2023-09-15
2.0%
Ordinary volume
2023-09-15
2023-10-13
-3.5%
Ordinary volume
2024-01-26
2024-02-23
-2.4%
Ordinary volume
2024-04-05
2024-05-03
10.4%
Ordinary volume
2024-05-17
2024-06-14
-1.4%
Ordinary volume
2024-06-21
2024-07-19
5.3%
Ordinary volume
2024-08-02
2024-08-30
13.7%
Ordinary volume
2024-10-18
2024-11-15
-8.4%
Ordinary volume
2024-12-06
2025-01-03
-5.7%
Ordinary volume
2025-01-10
2025-02-07
-3.5%
Ordinary volume
2025-03-21
2025-04-18
-9.5%
Ordinary volume
2025-05-09
2025-06-06
-0.6%
Ordinary volume
2025-06-20
2025-07-18
9.1%
Ordinary volume
2025-08-08
2025-09-05
-0.8%
Ordinary volume
2025-09-26
2025-10-24
-1.7%
Ordinary volume
2025-11-07
2025-12-05
-5.6%
Ordinary volume
2026-01-16
2026-02-13
16.9%
Ordinary volume
2026-03-06
2026-04-03
-4.5%
Ordinary volume
2026-04-17
2026-05-15
5.9%
Ordinary volume
2026-05-22
2026-06-19
13.3%
Ordinary volume
2026-07-10
2026-08-07
-7.4%
Ordinary volume
2026-08-21
2026-09-18
-10.8%
Declining weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-01-28
2022-04-29
-17.3%
High volume
2022-04-29
2022-07-29
6.4%
High volume
2023-03-10
2023-06-09
-0.3%
High volume
2024-02-09
2024-05-10
17.3%
High volume
2024-10-25
2025-01-24
-4.6%
High volume
2025-01-31
2025-05-02
9.8%
High volume
2025-08-01
2025-10-31
-10.8%
High volume
2025-11-21
2026-02-20
22.9%
Ordinary volume
2021-04-30
2021-07-30
27.1%
Ordinary volume
2021-09-24
2021-12-24
-0.1%
Ordinary volume
2022-01-07
2022-04-08
-16.3%
Ordinary volume
2022-04-08
2022-07-08
-16.2%
Ordinary volume
2022-08-26
2022-11-25
10.3%
Ordinary volume
2022-12-16
2023-03-17
5.3%
Ordinary volume
2023-04-07
2023-07-07
19.0%
Ordinary volume
2023-07-21
2023-10-20
-10.2%
Ordinary volume
2024-01-26
2024-04-26
9.0%
Ordinary volume
2024-05-17
2024-08-16
3.6%
Ordinary volume
2024-10-18
2025-01-17
-14.1%
Ordinary volume
2025-03-21
2025-06-20
6.8%
Ordinary volume
2025-06-20
2025-09-19
-13.8%
Ordinary volume
2025-09-26
2025-12-26
-8.6%
Ordinary volume
2026-01-16
2026-04-17
9.6%
Ordinary volume
2026-04-17
2026-07-17
12.0%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 55.56
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 price55.39
Earlier activity area52.06 – 65.38
Recent volume balance-8.5%
Recent weekly volume1.03×
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
55.55
30980167
2025-10-24
57.17
32226906
2025-10-31
59.02
44737955
2025-11-07
57.05
27026644
2025-11-14
53.67
26656264
2025-11-21
51.99
38063873
2025-11-28
54.44
30329634
2025-12-05
53.86
41481047
2025-12-12
52.52
54996841
2025-12-19
53.34
46236359
2025-12-26
53.16
14222572
2026-01-02
53.09
13912383
2026-01-09
55.80
35652025
2026-01-16
55.74
35059006
2026-01-23
57.09
36998212
2026-01-30
59.36
49270709
2026-02-06
63.69
63359082
2026-02-13
65.16
34843350
2026-02-20
63.91
23693010
2026-02-27
64.17
26662712
2026-03-06
58.14
27339786
2026-03-13
55.45
36062826
2026-03-20
57.86
39743890
2026-03-27
54.05
36951018
2026-04-03
55.51
23833922
2026-04-10
63.11
28840739
2026-04-17
61.10
43555495
2026-04-24
60.75
25685261
2026-05-01
67.37
44876439
2026-05-08
66.83
32179006
2026-05-15
64.67
20802450
2026-05-22
63.14
34061211
2026-05-29
63.87
34425734
2026-06-05
67.16
34378623
2026-06-12
69.91
33964906
2026-06-19
71.55
23364566
2026-06-26
73.33
29981355
2026-07-03
69.82
20167685
2026-07-10
69.09
27844046
2026-07-17
68.44
25446027
2026-07-24
68.88
31475357
2026-07-31
61.81
60360045
2026-08-07
64.01
28314292
2026-08-14
62.78
22357876
2026-08-21
60.37
24525012
2026-08-28
58.79
30727366
2026-09-04
59.71
24235774
2026-09-11
57.46
22816301
2026-09-18
53.88
54543281
2026-09-25
56.37
32529914
2026-10-02
55.12
31699234
2026-10-09
55.56
21664643
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -8.23% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -3.31% over four weeks. Volume balance is -8.5% on a scale from −100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.03× 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 · 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
14
-2.94
Available
13 weeks
7
9.34
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. “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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