The latest close is below the activity area established before the last four weeks. 4 of those four closes were below that area. Recent volume balance is negative; the estimated activity centre is lower.
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-71.2%-94.6% over thirteen weeks
Latest relative volume4.35ร3.71ร recent four-week median
Closing pressure-79.7%Volume-weighted position within weekly ranges
Up-week volume share33.0%67.0% in declining weeks ยท last 13 weeks
13-week range breakdownAt 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
-45.4%
-27.2%
14.54ร
2025-10-24
-45.0%
-32.6%
11.70ร
2025-10-31
-42.2%
-9.7%
10.48ร
2025-11-07
18.2%
23.4%
11.33ร
2025-11-14
-6.6%
9.8%
8.32ร
2025-11-21
40.5%
52.8%
18.99ร
2025-11-28
98.3%
61.2%
16.71ร
2025-12-05
30.3%
47.5%
11.93ร
2025-12-12
73.2%
48.3%
12.54ร
2025-12-19
11.1%
10.8%
11.30ร
2025-12-26
-25.9%
-17.2%
4.16ร
2026-01-02
-16.0%
-20.9%
2.60ร
2026-01-09
-25.5%
-12.5%
3.98ร
2026-01-16
-20.2%
-35.7%
3.84ร
2026-01-23
-13.9%
-16.2%
2.23ร
2026-01-30
-26.6%
-31.0%
1.65ร
2026-02-06
-23.9%
-25.6%
1.69ร
2026-02-13
-19.5%
-2.5%
0.90ร
2026-02-20
-7.4%
-9.9%
1.00ร
2026-02-27
-13.7%
-5.2%
1.49ร
2026-03-06
-6.6%
-30.9%
2.25ร
2026-03-13
19.9%
-11.1%
0.93ร
2026-03-20
20.2%
-1.5%
1.73ร
2026-03-27
33.6%
-3.7%
0.86ร
2026-04-03
56.2%
28.5%
0.70ร
2026-04-10
19.9%
15.1%
0.87ร
2026-04-17
12.6%
-6.9%
0.71ร
2026-04-24
72.3%
44.5%
2.78ร
2026-05-01
35.8%
14.8%
1.30ร
2026-05-08
61.3%
23.9%
1.42ร
2026-05-15
46.1%
7.5%
1.40ร
2026-05-22
1.5%
-12.9%
1.43ร
2026-05-29
-15.4%
-28.1%
2.35ร
2026-06-05
-16.4%
-40.9%
1.37ร
2026-06-12
-16.5%
-37.0%
0.63ร
2026-06-19
-0.2%
-41.0%
0.84ร
2026-06-26
-8.4%
-33.0%
1.07ร
2026-07-03
-17.6%
-49.5%
0.80ร
2026-07-10
-10.7%
-29.1%
0.70ร
2026-07-17
-49.2%
-65.0%
1.19ร
2026-07-24
-40.8%
-67.2%
1.25ร
2026-07-31
-33.2%
-37.4%
0.85ร
2026-08-07
-31.4%
-46.8%
0.66ร
2026-08-14
-52.1%
-66.2%
5.01ร
2026-08-21
-47.8%
-25.9%
4.50ร
2026-08-28
-60.9%
-42.4%
1.54ร
2026-09-04
-67.7%
-45.8%
1.73ร
2026-09-11
-42.0%
-29.0%
1.23ร
2026-09-18
-60.4%
-82.9%
2.59ร
2026-09-25
-42.3%
-76.0%
10.22ร
2026-10-02
-54.6%
-77.0%
2.06ร
2026-10-09
-71.2%
-79.7%
4.35ร
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
72% 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: 6% of the way from the weekly low to high.
Volume-weighted return tilt
3.38 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
8.2 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume8.2 / 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
10
โ
6
โ
Limited sample
Advancing weeks
13 weeks
4
โ
4
โ
Limited sample
Declining weeks
4 weeks
10
โ
4
โ
Limited sample
Declining weeks
13 weeks
4
โ
2
โ
Limited sample
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
2025-04-25
2025-05-23
26.3%
High volume
2025-05-23
2025-06-20
-6.4%
High volume
2025-06-20
2025-07-18
-6.4%
High volume
2025-07-18
2025-08-15
-11.7%
High volume
2025-08-22
2025-09-19
43.7%
High volume
2025-10-17
2025-11-14
-6.6%
High volume
2025-11-21
2025-12-19
11.1%
High volume
2026-01-02
2026-01-30
-26.6%
High volume
2026-03-06
2026-04-03
56.2%
High volume
2026-04-24
2026-05-22
1.5%
Ordinary volume
2025-05-09
2025-06-06
38.5%
Ordinary volume
2025-07-04
2025-08-01
-9.4%
Ordinary volume
2025-09-05
2025-10-03
-8.7%
Ordinary volume
2026-02-20
2026-03-20
20.2%
Ordinary volume
2026-06-19
2026-07-17
-49.2%
Ordinary volume
2026-07-31
2026-08-28
-60.9%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2025-04-25
2025-07-25
11.4%
High volume
2025-08-08
2025-11-07
-14.8%
High volume
2025-11-07
2026-02-06
-22.3%
High volume
2026-03-06
2026-06-05
97.0%
Ordinary volume
2025-05-09
2025-08-08
11.4%
Ordinary volume
2025-09-05
2025-12-05
-3.1%
Ordinary volume
2026-02-20
2026-05-22
95.3%
Ordinary volume
2026-06-19
2026-09-18
-91.0%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2025-04-04
2025-05-02
-17.8%
High volume
2025-06-13
2025-07-11
-7.1%
High volume
2025-08-15
2025-09-12
49.9%
High volume
2025-10-03
2025-10-31
-42.2%
High volume
2025-10-31
2025-11-28
98.3%
High volume
2025-12-05
2026-01-02
-16.0%
High volume
2026-01-09
2026-02-06
-23.9%
High volume
2026-02-06
2026-03-06
-6.6%
High volume
2026-05-29
2026-06-26
-8.4%
High volume
2026-08-14
2026-09-11
-42.0%
Ordinary volume
2026-02-13
2026-03-13
19.9%
Ordinary volume
2026-03-27
2026-04-24
72.3%
Ordinary volume
2026-06-26
2026-07-24
-40.8%
Ordinary volume
2026-09-11
2026-10-09
-71.2%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2025-04-04
2025-07-04
2.2%
High volume
2025-08-15
2025-11-14
-26.2%
High volume
2025-11-14
2026-02-13
-6.8%
High volume
2026-05-29
2026-08-28
-76.4%
Ordinary volume
2026-02-13
2026-05-15
122.5%
Ordinary volume
2026-06-26
2026-09-25
-85.1%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 0.2699
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 price0.7785
Earlier activity area2.65 โ 6.70
Recent volume balance-79.7%
Recent weekly volume4.34ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
3.47
6742632
2025-10-24
3.01
5829233
2025-10-31
2.90
5221939
2025-11-07
4.09
5892066
2025-11-14
3.24
4465765
2025-11-21
4.23
11016535
2025-11-28
5.75
9692360
2025-12-05
5.33
7796279
2025-12-12
5.61
9121792
2025-12-19
4.70
10949229
2025-12-26
4.26
4030905
2026-01-02
4.48
3658262
2026-01-09
4.18
11348518
2026-01-16
3.75
14750788
2026-01-23
3.67
9480489
2026-01-30
3.29
7975087
2026-02-06
3.18
9326876
2026-02-13
3.02
4991421
2026-02-20
3.40
5519545
2026-02-27
2.84
8458734
2026-03-06
2.97
13173462
2026-03-13
3.62
5897414
2026-03-20
4.08
10954941
2026-03-27
3.80
6220111
2026-04-03
4.64
5114510
2026-04-10
4.34
6337139
2026-04-17
4.60
5176057
2026-04-24
6.54
19626582
2026-05-01
6.30
10263916
2026-05-08
7.00
11677838
2026-05-15
6.72
12291578
2026-05-22
6.64
13201878
2026-05-29
5.33
21706615
2026-06-05
5.85
12653954
2026-06-12
5.61
5881585
2026-06-19
6.63
7933779
2026-06-26
4.88
9543694
2026-07-03
4.82
7510974
2026-07-10
5.01
6597545
2026-07-17
3.37
10590584
2026-07-24
2.89
11159691
2026-07-31
3.22
7543144
2026-08-07
3.44
5882708
2026-08-14
1.62
41056158
2026-08-21
1.51
40523670
2026-08-28
1.26
15210316
2026-09-04
1.11
17995901
2026-09-11
0.936
12856422
2026-09-18
0.5976
27880052
2026-09-25
0.7268
111143990
2026-10-02
0.5039
23560487
2026-10-09
0.2699
52119697
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -82.18% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -71.16% over four weeks. Volume balance is -79.7% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 4.34ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 of 4 closes below
Price was below 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 below 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
4
โ
Too few examples
13 weeks
2
โ
Too few examples
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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