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 positive; the estimated activity centre is lower. The four-week price move and estimated closing pressure point in different directions.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 2026-10-09
Priceโpressure disagreement
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-2.4%-4.8% over thirteen weeks
Latest relative volume1.99ร1.50ร recent four-week median
Closing pressure13.5%Volume-weighted position within weekly ranges
Up-week volume share55.2%41.0% 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
-9.3%
-15.4%
3.08ร
2025-10-24
-5.5%
-13.6%
1.21ร
2025-10-31
-2.9%
-24.4%
2.17ร
2025-11-07
0.0%
-17.9%
1.42ร
2025-11-14
0.8%
2.7%
0.69ร
2025-11-21
2.3%
14.7%
0.85ร
2025-11-28
2.3%
-0.4%
0.93ร
2025-12-05
-1.6%
-3.7%
0.45ร
2025-12-12
1.5%
27.5%
0.26ร
2025-12-19
-3.9%
14.2%
1.18ร
2025-12-26
-6.8%
-11.8%
0.66ร
2026-01-02
3.2%
27.6%
0.61ร
2026-01-09
3.9%
39.2%
1.50ร
2026-01-16
3.2%
42.8%
0.54ร
2026-01-23
1.6%
7.3%
0.97ร
2026-01-30
-6.2%
-24.9%
1.52ร
2026-02-06
-9.1%
-67.3%
1.96ร
2026-02-13
-9.4%
-69.5%
0.90ร
2026-02-20
-12.0%
-55.7%
1.33ร
2026-02-27
-9.8%
-37.7%
1.36ร
2026-03-06
-13.4%
-35.9%
1.29ร
2026-03-13
-17.5%
-41.3%
0.89ร
2026-03-20
-21.4%
-61.4%
1.60ร
2026-03-27
-20.5%
-66.3%
1.32ร
2026-04-03
-18.8%
-56.2%
1.34ร
2026-04-10
-11.8%
-39.2%
1.67ร
2026-04-17
-4.8%
-22.5%
1.58ร
2026-04-24
0.0%
-30.4%
1.03ร
2026-05-01
4.9%
-23.7%
0.64ร
2026-05-08
-2.4%
-37.0%
0.62ร
2026-05-15
1.3%
-43.0%
0.55ร
2026-05-22
4.7%
10.0%
1.78ร
2026-05-29
-1.3%
4.1%
0.14ร
2026-06-05
6.1%
14.1%
0.90ร
2026-06-12
2.2%
33.5%
0.23ร
2026-06-19
-10.5%
-26.7%
0.17ร
2026-06-26
-2.4%
-4.8%
0.17ร
2026-07-03
4.9%
31.2%
0.18ร
2026-07-10
5.0%
-6.3%
0.13ร
2026-07-17
7.8%
66.7%
0.66ร
2026-07-24
5.0%
72.4%
0.45ร
2026-07-31
-6.8%
58.4%
0.20ร
2026-08-07
-3.4%
64.0%
0.04ร
2026-08-14
-3.4%
45.0%
0.23ร
2026-08-21
-1.1%
19.8%
0.23ร
2026-08-28
1.2%
40.3%
0.58ร
2026-09-04
3.5%
39.3%
0.26ร
2026-09-11
2.3%
9.6%
2.14ร
2026-09-18
1.1%
31.6%
9.17ร
2026-09-25
1.1%
27.0%
1.31ร
2026-10-02
-2.4%
20.6%
0.74ร
2026-10-09
-2.4%
13.5%
1.99ร
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
33% 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: 20% of the way from the weekly low to high.
Volume-weighted return tilt
0.75 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
17.9 / 100
Price direction0.0 / 30
Closing pressure4.1 / 30
Up-week volume13.8 / 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
29
1.5%
21
-0.7%
2.2 points
Advancing weeks
13 weeks
15
-1.3%
11
-0.9%
-0.4 points
Declining weeks
4 weeks
24
0.0%
27
0.7%
-0.7 points
Declining weeks
13 weeks
12
-0.4%
13
-2.0%
1.6 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
2021-05-07
2021-06-04
-15.3%
High volume
2021-07-02
2021-07-30
-13.1%
High volume
2021-09-03
2021-10-01
14.3%
High volume
2021-10-01
2021-10-29
18.1%
High volume
2021-11-05
2021-12-03
-13.6%
High volume
2022-05-06
2022-06-03
1.5%
High volume
2022-07-01
2022-07-29
-21.4%
High volume
2022-09-02
2022-09-30
-11.5%
High volume
2023-03-03
2023-03-31
6.7%
High volume
2023-03-31
2023-04-28
9.9%
High volume
2023-06-09
2023-07-07
4.2%
High volume
2023-08-04
2023-09-01
4.4%
High volume
2023-09-01
2023-09-29
1.4%
High volume
2023-12-22
2024-01-19
-1.7%
High volume
2024-02-02
2024-03-01
1.6%
High volume
2024-03-01
2024-03-29
11.6%
High volume
2024-03-29
2024-04-26
1.5%
High volume
2024-06-07
2024-07-05
2.1%
High volume
2024-07-05
2024-08-02
-2.7%
High volume
2024-08-09
2024-09-06
1.3%
High volume
2024-09-20
2024-10-18
4.6%
High volume
2024-11-15
2024-12-13
-3.8%
High volume
2024-12-20
2025-01-17
2.0%
High volume
2025-05-16
2025-06-13
3.6%
High volume
2025-06-27
2025-07-25
-5.6%
High volume
2025-09-12
2025-10-10
-5.1%
High volume
2025-10-31
2025-11-28
2.3%
High volume
2026-01-09
2026-02-06
-9.1%
High volume
2026-05-22
2026-06-19
-10.5%
Ordinary volume
2021-09-10
2021-10-08
-7.2%
Ordinary volume
2021-10-29
2021-11-26
-2.4%
Ordinary volume
2022-02-25
2022-03-25
-16.1%
Ordinary volume
2022-03-25
2022-04-22
-1.5%
Ordinary volume
2022-08-05
2022-09-02
9.9%
Ordinary volume
2022-09-16
2022-10-14
0.0%
Ordinary volume
2022-11-11
2022-12-09
5.5%
Ordinary volume
2023-01-27
2023-02-24
-7.3%
Ordinary volume
2023-07-14
2023-08-11
-0.7%
Ordinary volume
2023-08-25
2023-09-22
3.7%
Ordinary volume
2023-10-27
2023-11-24
-1.3%
Ordinary volume
2024-02-23
2024-03-22
15.4%
Ordinary volume
2024-03-22
2024-04-19
9.6%
Ordinary volume
2024-05-17
2024-06-14
1.4%
Ordinary volume
2025-01-17
2025-02-14
-1.3%
Ordinary volume
2025-02-14
2025-03-14
-1.4%
Ordinary volume
2025-07-25
2025-08-22
2.9%
Ordinary volume
2025-09-19
2025-10-17
-9.3%
Ordinary volume
2025-10-24
2025-11-21
2.3%
Ordinary volume
2025-11-21
2025-12-19
-3.9%
Ordinary volume
2026-04-24
2026-05-22
4.7%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-07
2021-08-06
-37.2%
High volume
2021-09-03
2021-12-03
20.6%
High volume
2022-05-06
2022-08-05
-17.2%
High volume
2022-09-02
2022-12-02
-7.5%
High volume
2023-03-03
2023-06-02
8.7%
High volume
2023-06-09
2023-09-08
26.3%
High volume
2023-09-08
2023-12-08
-16.7%
High volume
2023-12-22
2024-03-22
7.7%
High volume
2024-03-29
2024-06-28
6.0%
High volume
2024-07-05
2024-10-04
10.4%
High volume
2024-11-15
2025-02-14
-1.3%
High volume
2025-05-16
2025-08-15
3.6%
High volume
2025-09-12
2025-12-12
-5.9%
High volume
2026-01-09
2026-04-10
-36.1%
High volume
2026-05-22
2026-08-21
-3.4%
Ordinary volume
2021-09-10
2021-12-10
-3.3%
Ordinary volume
2022-02-25
2022-05-27
-13.6%
Ordinary volume
2022-08-05
2022-11-04
-0.9%
Ordinary volume
2022-11-11
2023-02-10
0.7%
Ordinary volume
2023-07-14
2023-10-13
1.5%
Ordinary volume
2023-10-27
2024-01-26
-15.3%
Ordinary volume
2024-02-23
2024-05-24
31.2%
Ordinary volume
2025-01-17
2025-04-18
-9.1%
Ordinary volume
2025-07-25
2025-10-24
-3.1%
Ordinary volume
2025-10-24
2026-01-23
-0.9%
Ordinary volume
2026-04-24
2026-07-24
2.3%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-04
2021-07-02
-11.1%
High volume
2021-07-09
2021-08-06
-6.0%
High volume
2021-08-13
2021-09-10
15.0%
High volume
2022-06-03
2022-07-01
2.9%
High volume
2022-07-08
2022-08-05
-18.4%
High volume
2023-02-17
2023-03-17
2.9%
High volume
2023-05-12
2023-06-09
0.0%
High volume
2023-06-23
2023-07-21
19.8%
High volume
2023-07-21
2023-08-18
-0.7%
High volume
2023-10-20
2023-11-17
3.1%
High volume
2023-12-01
2023-12-29
0.0%
High volume
2024-03-08
2024-04-05
11.7%
High volume
2024-07-12
2024-08-09
0.7%
High volume
2024-10-04
2024-11-01
-3.1%
High volume
2024-11-01
2024-11-29
5.9%
High volume
2025-02-28
2025-03-28
-7.1%
High volume
2025-05-09
2025-06-06
4.3%
High volume
2025-06-20
2025-07-18
-4.3%
High volume
2025-08-29
2025-09-26
3.4%
High volume
2025-10-03
2025-10-31
-2.9%
High volume
2026-01-30
2026-02-27
-9.8%
High volume
2026-03-20
2026-04-17
-4.8%
High volume
2026-04-17
2026-05-15
1.3%
High volume
2026-09-11
2026-10-09
-2.4%
Ordinary volume
2021-04-23
2021-05-21
-7.9%
Ordinary volume
2021-05-28
2021-06-25
-19.6%
Ordinary volume
2021-07-23
2021-08-20
-17.6%
Ordinary volume
2021-08-27
2021-09-24
21.2%
Ordinary volume
2021-10-08
2021-11-05
23.9%
Ordinary volume
2021-12-03
2021-12-31
13.2%
Ordinary volume
2022-01-07
2022-02-04
-6.6%
Ordinary volume
2022-03-11
2022-04-08
-4.3%
Ordinary volume
2022-07-15
2022-08-12
-0.8%
Ordinary volume
2022-08-19
2022-09-16
-9.8%
Ordinary volume
2022-09-30
2022-10-28
0.9%
Ordinary volume
2022-11-18
2022-12-16
12.5%
Ordinary volume
2023-08-11
2023-09-08
8.2%
Ordinary volume
2023-09-22
2023-10-20
-2.9%
Ordinary volume
2023-11-24
2023-12-22
-11.2%
Ordinary volume
2024-01-19
2024-02-16
-6.0%
Ordinary volume
2024-05-24
2024-06-21
0.7%
Ordinary volume
2024-06-21
2024-07-19
4.3%
Ordinary volume
2024-08-02
2024-08-30
7.0%
Ordinary volume
2024-09-06
2024-10-04
10.4%
Ordinary volume
2024-11-08
2024-12-06
5.9%
Ordinary volume
2024-12-13
2025-01-10
2.7%
Ordinary volume
2025-03-14
2025-04-11
-2.7%
Ordinary volume
2025-04-18
2025-05-16
1.4%
Ordinary volume
2025-12-19
2026-01-16
3.2%
Ordinary volume
2026-01-23
2026-02-20
-12.0%
Ordinary volume
2026-03-13
2026-04-10
-11.8%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-04
2021-09-03
-33.3%
High volume
2022-06-03
2022-09-02
-10.3%
High volume
2023-02-17
2023-05-19
12.5%
High volume
2023-05-19
2023-08-18
17.9%
High volume
2023-10-20
2024-01-19
-11.3%
High volume
2024-03-08
2024-06-07
22.7%
High volume
2024-07-12
2024-10-11
13.4%
High volume
2024-11-01
2025-01-31
3.2%
High volume
2025-02-28
2025-05-30
-8.4%
High volume
2025-06-20
2025-09-19
1.5%
High volume
2025-10-03
2026-01-02
-2.2%
High volume
2026-01-30
2026-05-01
-27.5%
Ordinary volume
2021-04-23
2021-07-23
-35.4%
Ordinary volume
2021-07-23
2021-10-22
6.1%
Ordinary volume
2021-12-03
2022-03-04
-4.0%
Ordinary volume
2022-03-11
2022-06-10
-4.3%
Ordinary volume
2022-07-15
2022-10-14
-11.3%
Ordinary volume
2022-11-18
2023-02-17
4.4%
Ordinary volume
2023-08-11
2023-11-10
3.8%
Ordinary volume
2023-11-24
2024-02-23
-17.2%
Ordinary volume
2024-05-24
2024-08-23
3.6%
Ordinary volume
2024-08-23
2024-11-22
17.0%
Ordinary volume
2024-12-13
2025-03-14
1.2%
Ordinary volume
2025-03-14
2025-06-13
-2.0%
Ordinary volume
2025-12-19
2026-03-20
-30.3%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 0.40
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 price0.412
Earlier activity area0.3817 โ 0.5942
Recent volume balance13.5%
Recent weekly volume0.90ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
0.5829
2787804
2025-10-24
0.5921
1139579
2025-10-31
0.6059
2122735
2025-11-07
0.6013
1456866
2025-11-14
0.5875
735037
2025-11-21
0.6059
902116
2025-11-28
0.6199
953476
2025-12-05
0.5917
461430
2025-12-12
0.5964
268403
2025-12-19
0.5823
1206658
2025-12-26
0.5776
697807
2026-01-02
0.6105
623166
2026-01-09
0.6199
1473678
2026-01-16
0.6011
527585
2026-01-23
0.587
931675
2026-01-30
0.5729
1452354
2026-02-06
0.5635
1975566
2026-02-13
0.5447
953341
2026-02-20
0.5166
1416818
2026-02-27
0.5166
1504443
2026-03-06
0.488
1424541
2026-03-13
0.4493
1031782
2026-03-20
0.4058
1768103
2026-03-27
0.4107
1535002
2026-04-03
0.3962
1599278
2026-04-10
0.3962
1987398
2026-04-17
0.3865
2072865
2026-04-24
0.4107
1349037
2026-05-01
0.4155
888692
2026-05-08
0.3865
792488
2026-05-15
0.3913
611794
2026-05-22
0.43
1987750
2026-05-29
0.41
184765
2026-06-05
0.41
1153810
2026-06-12
0.40
290585
2026-06-19
0.385
214058
2026-06-26
0.40
217646
2026-07-03
0.43
221166
2026-07-10
0.42
163915
2026-07-17
0.415
716718
2026-07-24
0.42
493812
2026-07-31
0.4009
223388
2026-08-07
0.4057
42578
2026-08-14
0.4009
207420
2026-08-21
0.4153
189918
2026-08-28
0.4057
441167
2026-09-04
0.42
173697
2026-09-11
0.41
1183408
2026-09-18
0.42
5068702
2026-09-25
0.41
722164
2026-10-02
0.41
408640
2026-10-09
0.40
932467
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -17.83% against the earlier part of this period.
Price and volume
Disagreement
Price changed -2.44% over four weeks. Volume balance is +13.5% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 0.90ร 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
Price and recent volume balance currently disagree. Check whether they move in the same direction in later weeks.
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
28
-1.71
Available
13 weeks
14
-1.45
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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