The latest close is above the activity area established before the last four weeks. 1 of those four closes were above 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
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-0.4%6.2% over thirteen weeks
Latest relative volume0.54ร1.22ร recent four-week median
Closing pressure-29.5%Volume-weighted position within weekly ranges
Up-week volume share29.8%70.2% 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
-1.0%
-26.6%
0.72ร
2025-10-24
2.8%
-2.2%
1.12ร
2025-10-31
2.8%
-9.1%
0.73ร
2025-11-07
8.6%
39.2%
0.86ร
2025-11-14
6.6%
14.7%
1.62ร
2025-11-21
1.2%
-5.2%
1.23ร
2025-11-28
2.5%
22.9%
1.17ร
2025-12-05
-0.1%
-15.9%
1.12ร
2025-12-12
-1.2%
2.4%
1.39ร
2025-12-19
2.0%
25.1%
1.92ร
2025-12-26
1.6%
23.7%
0.75ร
2026-01-02
3.2%
61.5%
0.73ร
2026-01-09
3.8%
64.2%
1.78ร
2026-01-16
5.4%
57.0%
1.47ร
2026-01-23
8.4%
61.7%
1.41ร
2026-01-30
7.3%
10.4%
2.59ร
2026-02-06
8.0%
19.3%
3.33ร
2026-02-13
6.2%
4.5%
2.08ร
2026-02-20
3.1%
4.6%
1.40ร
2026-02-27
3.7%
21.0%
2.12ร
2026-03-06
-2.5%
-15.9%
1.87ร
2026-03-13
-3.3%
-23.4%
1.57ร
2026-03-20
-4.7%
-53.3%
1.10ร
2026-03-27
-4.9%
-67.7%
0.79ร
2026-04-03
2.4%
-54.0%
0.57ร
2026-04-10
6.4%
2.7%
1.20ร
2026-04-17
7.9%
44.6%
0.67ร
2026-04-24
5.3%
41.3%
0.67ร
2026-05-01
2.0%
39.2%
0.54ร
2026-05-08
0.6%
27.2%
0.52ร
2026-05-15
-5.4%
-14.8%
0.56ร
2026-05-22
-2.5%
23.2%
0.69ร
2026-05-29
-2.7%
-32.7%
1.40ร
2026-06-05
-6.2%
-68.6%
0.96ร
2026-06-12
1.8%
13.6%
2.77ร
2026-06-19
-1.6%
-3.5%
0.73ร
2026-06-26
-3.6%
8.3%
0.82ร
2026-07-03
-2.1%
29.0%
0.79ร
2026-07-10
-1.9%
-14.1%
0.83ร
2026-07-17
0.1%
4.0%
1.30ร
2026-07-24
4.7%
30.2%
0.78ร
2026-07-31
6.5%
41.4%
0.67ร
2026-08-07
3.0%
26.2%
0.59ร
2026-08-14
0.4%
10.9%
0.86ร
2026-08-21
3.0%
20.1%
0.79ร
2026-08-28
0.3%
-15.6%
0.95ร
2026-09-04
3.8%
-6.3%
0.54ร
2026-09-11
6.5%
19.2%
0.50ร
2026-09-18
-0.2%
-36.8%
1.73ร
2026-09-25
-0.5%
-42.9%
1.30ร
2026-10-02
-4.2%
-39.0%
1.14ร
2026-10-09
-0.4%
-29.5%
0.54ร
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
5% 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: 86% of the way from the weekly low to high.
Volume-weighted return tilt
-0.45 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
22.5 / 100
Price direction15.0 / 30
Closing pressure0.0 / 30
Up-week volume7.5 / 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
20
0.9%
37
0.4%
0.5 points
Advancing weeks
13 weeks
11
1.4%
19
0.4%
1.0 points
Declining weeks
4 weeks
17
-1.2%
32
2.1%
-3.4 points
Declining weeks
13 weeks
10
3.7%
16
6.1%
-2.5 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
2021-12-03
2021-12-31
2.7%
High volume
2022-01-07
2022-02-04
0.4%
High volume
2022-02-11
2022-03-11
-19.8%
High volume
2022-03-18
2022-04-15
1.4%
High volume
2022-11-04
2022-12-02
4.8%
High volume
2023-01-27
2023-02-24
-6.1%
High volume
2023-11-03
2023-12-01
5.3%
High volume
2023-12-15
2024-01-12
2.6%
High volume
2024-06-21
2024-07-19
-1.5%
High volume
2024-09-27
2024-10-25
-2.6%
High volume
2024-12-06
2025-01-03
-2.2%
High volume
2025-01-17
2025-02-14
4.3%
High volume
2025-03-07
2025-04-04
-6.4%
High volume
2025-04-11
2025-05-09
6.7%
High volume
2025-05-09
2025-06-06
3.5%
High volume
2025-11-14
2025-12-12
-1.2%
High volume
2025-12-19
2026-01-16
5.4%
High volume
2026-01-30
2026-02-27
3.7%
High volume
2026-02-27
2026-03-27
-4.9%
High volume
2026-06-12
2026-07-10
-1.9%
Ordinary volume
2021-04-23
2021-05-21
-0.2%
Ordinary volume
2021-05-28
2021-06-25
-0.2%
Ordinary volume
2021-09-24
2021-10-22
2.4%
Ordinary volume
2021-11-12
2021-12-10
-1.2%
Ordinary volume
2021-12-24
2022-01-21
1.5%
Ordinary volume
2022-02-04
2022-03-04
-15.5%
Ordinary volume
2022-05-20
2022-06-17
-9.5%
Ordinary volume
2022-07-22
2022-08-19
3.5%
Ordinary volume
2022-08-26
2022-09-23
-6.1%
Ordinary volume
2022-10-21
2022-11-18
0.6%
Ordinary volume
2022-12-02
2022-12-30
-1.4%
Ordinary volume
2023-01-06
2023-02-03
2.1%
Ordinary volume
2023-03-03
2023-03-31
-2.3%
Ordinary volume
2023-06-16
2023-07-14
0.4%
Ordinary volume
2023-07-14
2023-08-11
-1.4%
Ordinary volume
2023-08-25
2023-09-22
2.7%
Ordinary volume
2023-09-22
2023-10-20
-4.3%
Ordinary volume
2023-11-24
2023-12-22
5.3%
Ordinary volume
2024-01-05
2024-02-02
-2.8%
Ordinary volume
2024-02-09
2024-03-08
3.9%
Ordinary volume
2024-03-08
2024-04-05
-2.9%
Ordinary volume
2024-04-05
2024-05-03
6.8%
Ordinary volume
2024-05-03
2024-05-31
1.9%
Ordinary volume
2024-07-05
2024-08-02
-4.7%
Ordinary volume
2024-08-23
2024-09-20
-0.6%
Ordinary volume
2024-11-08
2024-12-06
-0.8%
Ordinary volume
2025-02-14
2025-03-14
2.3%
Ordinary volume
2025-04-25
2025-05-23
5.3%
Ordinary volume
2025-05-23
2025-06-20
0.4%
Ordinary volume
2025-06-27
2025-07-25
3.1%
Ordinary volume
2025-07-25
2025-08-22
2.6%
Ordinary volume
2025-08-22
2025-09-19
1.4%
Ordinary volume
2025-10-03
2025-10-31
2.8%
Ordinary volume
2025-11-07
2025-12-05
-0.1%
Ordinary volume
2026-03-27
2026-04-24
5.3%
Ordinary volume
2026-07-10
2026-08-07
3.0%
Ordinary volume
2026-08-21
2026-09-18
-0.2%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-03
2022-03-04
-12.7%
High volume
2022-03-18
2022-06-17
-15.6%
High volume
2022-11-04
2023-02-03
9.0%
High volume
2023-11-03
2024-02-02
7.9%
High volume
2024-06-21
2024-09-20
1.4%
High volume
2024-09-27
2024-12-27
-5.4%
High volume
2025-01-17
2025-04-18
1.2%
High volume
2025-05-02
2025-08-01
6.5%
High volume
2025-11-14
2026-02-13
10.7%
High volume
2026-02-27
2026-05-29
-2.9%
High volume
2026-06-12
2026-09-11
4.6%
Ordinary volume
2021-04-23
2021-07-23
-1.5%
Ordinary volume
2021-09-24
2021-12-24
0.3%
Ordinary volume
2021-12-24
2022-03-25
-13.6%
Ordinary volume
2022-05-20
2022-08-19
-11.4%
Ordinary volume
2022-08-26
2022-11-25
-3.4%
Ordinary volume
2022-12-02
2023-03-03
3.1%
Ordinary volume
2023-03-03
2023-06-02
-1.6%
Ordinary volume
2023-06-16
2023-09-15
0.4%
Ordinary volume
2023-09-15
2023-12-15
8.0%
Ordinary volume
2024-01-05
2024-04-05
-0.9%
Ordinary volume
2024-04-05
2024-07-05
9.1%
Ordinary volume
2024-07-05
2024-10-04
8.2%
Ordinary volume
2024-11-08
2025-02-07
-0.9%
Ordinary volume
2025-02-14
2025-05-16
5.7%
Ordinary volume
2025-05-23
2025-08-22
8.3%
Ordinary volume
2025-08-22
2025-11-21
3.8%
Ordinary volume
2025-11-28
2026-02-27
14.6%
Ordinary volume
2026-03-27
2026-06-26
-1.5%
Ordinary volume
2026-07-10
2026-10-09
6.2%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-16
2021-08-13
0.1%
High volume
2021-11-05
2021-12-03
-1.9%
High volume
2022-01-21
2022-02-18
2.8%
High volume
2022-02-25
2022-03-25
-12.0%
High volume
2022-04-08
2022-05-06
-10.9%
High volume
2022-05-06
2022-06-03
2.6%
High volume
2022-06-17
2022-07-15
-6.7%
High volume
2022-08-19
2022-09-16
-2.4%
High volume
2023-09-29
2023-10-27
-2.1%
High volume
2024-05-31
2024-06-28
-2.1%
High volume
2024-12-20
2025-01-17
0.1%
High volume
2025-02-07
2025-03-07
3.8%
High volume
2025-03-28
2025-04-25
-1.2%
High volume
2025-08-01
2025-08-29
4.4%
High volume
2025-09-26
2025-10-24
2.8%
High volume
2026-02-13
2026-03-13
-3.3%
High volume
2026-03-13
2026-04-10
6.4%
Ordinary volume
2021-04-30
2021-05-28
2.9%
Ordinary volume
2021-06-18
2021-07-16
-2.1%
Ordinary volume
2021-07-23
2021-08-20
-1.5%
Ordinary volume
2021-08-20
2021-09-17
4.0%
Ordinary volume
2021-10-22
2021-11-19
-3.9%
Ordinary volume
2021-11-19
2021-12-17
0.5%
Ordinary volume
2022-04-22
2022-05-20
-3.4%
Ordinary volume
2022-07-01
2022-07-29
-1.3%
Ordinary volume
2022-09-02
2022-09-30
-8.7%
Ordinary volume
2022-10-28
2022-11-25
6.9%
Ordinary volume
2022-12-09
2023-01-06
3.1%
Ordinary volume
2023-10-27
2023-11-24
9.5%
Ordinary volume
2023-12-08
2024-01-05
6.9%
Ordinary volume
2024-01-19
2024-02-16
3.2%
Ordinary volume
2024-03-01
2024-03-29
-1.0%
Ordinary volume
2024-05-24
2024-06-21
-4.0%
Ordinary volume
2024-06-28
2024-07-26
-1.6%
Ordinary volume
2024-07-26
2024-08-23
4.0%
Ordinary volume
2024-09-06
2024-10-04
12.2%
Ordinary volume
2024-10-11
2024-11-08
-1.9%
Ordinary volume
2024-11-29
2024-12-27
0.6%
Ordinary volume
2024-12-27
2025-01-24
2.3%
Ordinary volume
2025-02-21
2025-03-21
2.8%
Ordinary volume
2025-05-30
2025-06-27
3.0%
Ordinary volume
2025-07-11
2025-08-08
1.4%
Ordinary volume
2025-08-29
2025-09-26
0.8%
Ordinary volume
2025-10-10
2025-11-07
8.6%
Ordinary volume
2025-11-21
2025-12-19
2.0%
Ordinary volume
2026-03-20
2026-04-17
7.9%
Ordinary volume
2026-06-05
2026-07-03
-2.1%
Ordinary volume
2026-07-03
2026-07-31
6.5%
Ordinary volume
2026-08-14
2026-09-11
6.5%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-16
2021-10-15
6.0%
High volume
2021-11-05
2022-02-04
1.4%
High volume
2022-02-25
2022-05-27
-18.6%
High volume
2022-06-17
2022-09-16
-4.5%
High volume
2023-09-29
2023-12-29
14.5%
High volume
2024-05-31
2024-08-30
-1.0%
High volume
2024-12-20
2025-03-21
7.1%
High volume
2025-03-28
2025-06-27
6.5%
High volume
2025-08-01
2025-10-31
8.6%
High volume
2026-02-13
2026-05-15
-1.5%
Ordinary volume
2021-04-30
2021-07-30
-0.3%
Ordinary volume
2021-08-20
2021-11-19
3.1%
Ordinary volume
2021-11-19
2022-02-18
6.4%
Ordinary volume
2022-04-22
2022-07-22
-17.3%
Ordinary volume
2022-09-02
2022-12-02
1.5%
Ordinary volume
2022-12-09
2023-03-10
1.6%
Ordinary volume
2023-10-27
2024-01-26
15.1%
Ordinary volume
2024-02-02
2024-05-03
8.9%
Ordinary volume
2024-05-24
2024-08-23
-2.1%
Ordinary volume
2024-09-06
2024-12-06
6.5%
Ordinary volume
2024-12-27
2025-03-28
6.4%
Ordinary volume
2025-05-30
2025-08-29
7.7%
Ordinary volume
2025-08-29
2025-11-28
6.6%
Ordinary volume
2025-12-05
2026-03-06
9.7%
Ordinary volume
2026-03-20
2026-06-19
1.6%
Ordinary volume
2026-06-26
2026-09-25
5.9%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 35.31
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 price33.74
Earlier activity area32.25 โ 35.14
Recent volume balance-29.5%
Recent weekly volume1.15ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
28.64
461264
2025-10-24
29.27
674403
2025-10-31
29.38
465448
2025-11-07
30.06
517987
2025-11-14
30.53
948878
2025-11-21
29.63
722777
2025-11-28
30.12
685430
2025-12-05
30.03
662954
2025-12-12
30.15
882387
2025-12-19
30.21
1279994
2025-12-26
30.59
499379
2026-01-02
30.99
485638
2026-01-09
31.29
1185781
2026-01-16
31.82
992073
2026-01-23
33.15
947518
2026-01-30
33.26
1763242
2026-02-06
33.80
2266976
2026-02-13
33.78
1462030
2026-02-20
34.19
1030382
2026-02-27
34.50
1735922
2026-03-06
32.95
1669465
2026-03-13
32.69
1444515
2026-03-20
32.59
1039007
2026-03-27
32.80
753006
2026-04-03
33.75
523459
2026-04-10
34.79
1098868
2026-04-17
35.18
632665
2026-04-24
34.52
630636
2026-05-01
34.41
516244
2026-05-08
34.99
490902
2026-05-15
33.27
526468
2026-05-22
33.66
632136
2026-05-29
33.49
1279082
2026-06-05
32.84
929315
2026-06-12
33.88
2689297
2026-06-19
33.11
734436
2026-06-26
32.29
799591
2026-07-03
32.16
765681
2026-07-10
33.25
800423
2026-07-17
33.15
1219316
2026-07-24
33.79
728401
2026-07-31
34.26
577168
2026-08-07
34.24
472462
2026-08-14
33.28
676686
2026-08-21
34.81
596389
2026-08-28
34.35
703173
2026-09-04
35.52
397859
2026-09-11
35.44
360019
2026-09-18
34.73
1196173
2026-09-25
34.19
899501
2026-10-02
34.05
786170
2026-10-09
35.31
386159
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +5.47% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -0.38% over four weeks. Volume balance is -29.5% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.15ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
1 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
14
2.19
Available
13 weeks
7
6.61
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.
Search markets
Search by ticker symbol or company name and select a result to open its chart.
Markets includedUnited States
Start typing to find a stock or ETF.
Market search
Choose countries
Choose one or more countries for market search, or include every covered market.
Currently searching United States
Sharemaestro
Send a message
Ask about our research, get help with the site, or send a correction.
Cookie preferences
Essential cookies keep Sharemaestro secure and working. Choose whether we may use optional persistent analytics and advertising technologies. Limited cookieless server measurement continues for aggregate traffic and security.