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 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-0.1%-2.1% over thirteen weeks
Latest relative volume0.91ร0.85ร recent four-week median
Closing pressure-19.7%Volume-weighted position within weekly ranges
Up-week volume share37.4%62.6% 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
-12.8%
-64.2%
0.80ร
2025-10-24
-5.8%
-47.5%
0.80ร
2025-10-31
5.4%
1.7%
1.28ร
2025-11-07
-5.9%
-21.7%
2.11ร
2025-11-14
-11.4%
-28.5%
1.73ร
2025-11-21
-24.3%
-44.7%
1.36ร
2025-11-28
-25.5%
-54.6%
1.03ร
2025-12-05
-8.5%
-25.5%
1.21ร
2025-12-12
7.1%
30.4%
1.57ร
2025-12-19
10.2%
14.4%
1.55ร
2025-12-26
6.9%
20.3%
1.21ร
2026-01-02
-3.1%
0.9%
0.99ร
2026-01-09
-7.9%
-20.4%
1.28ร
2026-01-16
-5.0%
-5.8%
1.04ร
2026-01-23
-8.4%
-24.1%
0.68ร
2026-01-30
-1.7%
-13.9%
0.95ร
2026-02-06
7.2%
30.6%
3.25ร
2026-02-13
34.9%
63.6%
2.70ร
2026-02-20
39.7%
70.8%
1.67ร
2026-02-27
40.8%
77.5%
1.60ร
2026-03-06
29.1%
67.2%
0.97ร
2026-03-13
1.5%
39.0%
0.96ร
2026-03-20
-10.6%
-5.2%
1.27ร
2026-03-27
-18.8%
-36.7%
0.89ร
2026-04-03
-21.6%
-46.0%
0.62ร
2026-04-10
-20.5%
-65.3%
0.62ร
2026-04-17
3.3%
-18.9%
0.66ร
2026-04-24
9.4%
-5.5%
0.68ร
2026-05-01
14.6%
11.6%
0.57ร
2026-05-08
42.3%
42.4%
1.38ร
2026-05-15
2.7%
-8.3%
1.24ร
2026-05-22
5.5%
6.0%
1.22ร
2026-05-29
25.1%
12.5%
0.95ร
2026-06-05
-1.5%
-9.4%
1.22ร
2026-06-12
22.9%
27.6%
0.78ร
2026-06-19
21.2%
13.1%
0.74ร
2026-06-26
6.9%
22.8%
1.58ร
2026-07-03
13.3%
32.6%
0.75ร
2026-07-10
7.8%
24.1%
0.92ร
2026-07-17
9.7%
19.3%
0.87ร
2026-07-24
-1.0%
-6.1%
0.92ร
2026-07-31
-4.1%
-2.1%
0.80ร
2026-08-07
-6.3%
-15.3%
0.83ร
2026-08-14
4.4%
26.4%
1.19ร
2026-08-21
6.6%
39.7%
1.74ร
2026-08-28
4.4%
16.9%
1.25ร
2026-09-04
0.6%
13.9%
1.61ร
2026-09-11
-6.0%
2.6%
0.85ร
2026-09-18
-9.9%
-45.2%
1.38ร
2026-09-25
-7.3%
-30.1%
0.67ร
2026-10-02
0.0%
-25.7%
0.86ร
2026-10-09
-0.1%
-19.7%
0.91ร
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
1% 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: 84% of the way from the weekly low to high.
Volume-weighted return tilt
-0.41 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
9.4 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume9.4 / 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 1.5ร 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
13
-7.6%
35
-4.1%
-3.5 points
Advancing weeks
13 weeks
9
4.2%
15
5.5%
-1.4 points
Declining weeks
4 weeks
17
-5.0%
26
-1.8%
-3.2 points
Declining weeks
13 weeks
9
-3.3%
12
-2.6%
-0.7 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
2022-06-17
2022-07-15
13.2%
High volume
2022-09-16
2022-10-14
-3.2%
High volume
2023-04-14
2023-05-12
-15.2%
High volume
2023-05-19
2023-06-16
-8.5%
High volume
2023-12-08
2024-01-05
-12.0%
High volume
2024-03-29
2024-04-26
-22.6%
High volume
2024-05-10
2024-06-07
-3.1%
High volume
2025-01-31
2025-02-28
-7.6%
High volume
2025-02-28
2025-03-28
-11.4%
High volume
2025-05-09
2025-06-06
1.1%
High volume
2025-12-12
2026-01-09
-7.9%
High volume
2026-02-06
2026-03-06
29.1%
High volume
2026-06-26
2026-07-24
-1.0%
Ordinary volume
2022-05-20
2022-06-17
-12.9%
Ordinary volume
2022-07-08
2022-08-05
15.7%
Ordinary volume
2022-08-05
2022-09-02
-14.3%
Ordinary volume
2022-10-14
2022-11-11
15.5%
Ordinary volume
2022-11-11
2022-12-09
-0.8%
Ordinary volume
2022-12-23
2023-01-20
6.5%
Ordinary volume
2023-01-27
2023-02-24
-25.7%
Ordinary volume
2023-04-07
2023-05-05
6.2%
Ordinary volume
2023-07-14
2023-08-11
-5.7%
Ordinary volume
2023-08-11
2023-09-08
-16.6%
Ordinary volume
2023-09-22
2023-10-20
-10.9%
Ordinary volume
2023-11-03
2023-12-01
-14.4%
Ordinary volume
2023-12-29
2024-01-26
-21.9%
Ordinary volume
2024-01-26
2024-02-23
-17.9%
Ordinary volume
2024-04-19
2024-05-17
53.1%
Ordinary volume
2024-05-17
2024-06-14
-11.1%
Ordinary volume
2024-06-28
2024-07-26
31.3%
Ordinary volume
2024-07-26
2024-08-23
-3.2%
Ordinary volume
2024-09-20
2024-10-18
-6.6%
Ordinary volume
2024-11-01
2024-11-29
9.0%
Ordinary volume
2024-12-06
2025-01-03
-1.6%
Ordinary volume
2025-02-14
2025-03-14
-17.2%
Ordinary volume
2025-04-25
2025-05-23
10.2%
Ordinary volume
2025-05-30
2025-06-27
4.5%
Ordinary volume
2025-06-27
2025-07-25
-8.4%
Ordinary volume
2025-08-08
2025-09-05
12.5%
Ordinary volume
2025-09-19
2025-10-17
-12.8%
Ordinary volume
2025-10-24
2025-11-21
-24.3%
Ordinary volume
2025-11-28
2025-12-26
6.9%
Ordinary volume
2025-12-26
2026-01-23
-8.4%
Ordinary volume
2026-03-06
2026-04-03
-21.6%
Ordinary volume
2026-05-29
2026-06-26
6.9%
Ordinary volume
2026-07-03
2026-07-31
-4.1%
Ordinary volume
2026-07-31
2026-08-28
4.4%
Ordinary volume
2026-09-11
2026-10-09
-0.1%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-06-17
2022-09-16
18.9%
High volume
2022-09-16
2022-12-16
4.2%
High volume
2023-04-14
2023-07-14
-13.8%
High volume
2023-12-08
2024-03-08
-43.9%
High volume
2024-03-29
2024-06-28
8.3%
High volume
2025-01-31
2025-05-02
-26.4%
High volume
2025-05-09
2025-08-08
5.9%
High volume
2025-12-12
2026-03-13
25.4%
High volume
2026-06-26
2026-09-25
-4.1%
Ordinary volume
2022-05-20
2022-08-19
8.9%
Ordinary volume
2022-10-14
2023-01-13
16.6%
Ordinary volume
2023-01-13
2023-04-14
-31.5%
Ordinary volume
2023-04-21
2023-07-21
-17.3%
Ordinary volume
2023-08-11
2023-11-10
-33.9%
Ordinary volume
2023-11-17
2024-02-16
-14.5%
Ordinary volume
2024-04-19
2024-07-19
58.8%
Ordinary volume
2024-07-19
2024-10-18
3.7%
Ordinary volume
2024-11-01
2025-01-31
23.7%
Ordinary volume
2025-02-14
2025-05-16
-19.6%
Ordinary volume
2025-05-16
2025-08-15
11.7%
Ordinary volume
2025-08-22
2025-11-21
-21.9%
Ordinary volume
2025-11-28
2026-02-27
37.7%
Ordinary volume
2026-03-06
2026-06-05
9.7%
Ordinary volume
2026-06-12
2026-09-11
5.5%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-06-10
2022-07-08
22.2%
High volume
2022-09-02
2022-09-30
-2.7%
High volume
2022-09-30
2022-10-28
16.8%
High volume
2022-12-16
2023-01-13
8.4%
High volume
2023-02-24
2023-03-24
-29.0%
High volume
2023-03-24
2023-04-21
24.9%
High volume
2023-06-09
2023-07-07
-14.5%
High volume
2023-09-29
2023-10-27
-18.9%
High volume
2023-12-01
2023-12-29
36.9%
High volume
2024-02-02
2024-03-01
-19.5%
High volume
2024-03-01
2024-03-29
-3.2%
High volume
2024-05-03
2024-05-31
54.6%
High volume
2025-02-21
2025-03-21
-7.9%
High volume
2025-03-21
2025-04-18
-20.6%
High volume
2025-11-07
2025-12-05
-8.5%
High volume
2025-12-19
2026-01-16
-5.0%
High volume
2026-08-21
2026-09-18
-9.9%
Ordinary volume
2022-04-08
2022-05-06
-1.2%
Ordinary volume
2022-05-06
2022-06-03
-5.2%
Ordinary volume
2022-07-15
2022-08-12
18.9%
Ordinary volume
2022-08-19
2022-09-16
-4.9%
Ordinary volume
2023-02-10
2023-03-10
-41.8%
Ordinary volume
2023-04-28
2023-05-26
-3.0%
Ordinary volume
2023-07-07
2023-08-04
0.3%
Ordinary volume
2023-09-08
2023-10-06
-9.4%
Ordinary volume
2023-10-13
2023-11-10
-12.0%
Ordinary volume
2023-11-10
2023-12-08
21.5%
Ordinary volume
2024-01-05
2024-02-02
-9.5%
Ordinary volume
2024-05-31
2024-06-28
-9.0%
Ordinary volume
2024-08-09
2024-09-06
14.2%
Ordinary volume
2024-10-25
2024-11-22
21.1%
Ordinary volume
2024-12-20
2025-01-17
6.3%
Ordinary volume
2025-02-07
2025-03-07
-12.4%
Ordinary volume
2025-04-18
2025-05-16
23.4%
Ordinary volume
2025-06-13
2025-07-11
-1.9%
Ordinary volume
2025-07-11
2025-08-08
12.2%
Ordinary volume
2025-10-10
2025-11-07
-5.9%
Ordinary volume
2026-01-02
2026-01-30
-1.7%
Ordinary volume
2026-01-30
2026-02-27
40.8%
Ordinary volume
2026-03-13
2026-04-10
-20.5%
Ordinary volume
2026-05-15
2026-06-12
22.9%
Ordinary volume
2026-07-10
2026-08-07
-6.3%
Ordinary volume
2026-08-07
2026-09-04
0.6%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-06-10
2022-09-09
20.6%
High volume
2022-09-30
2022-12-30
13.7%
High volume
2023-02-24
2023-05-26
-18.0%
High volume
2023-06-09
2023-09-08
-25.5%
High volume
2023-09-29
2023-12-29
4.1%
High volume
2024-02-02
2024-05-03
-40.0%
High volume
2024-05-03
2024-08-02
64.5%
High volume
2025-02-21
2025-05-23
-16.8%
High volume
2025-11-07
2026-02-06
-3.3%
Ordinary volume
2022-04-08
2022-07-08
-7.0%
Ordinary volume
2022-07-15
2022-10-14
1.8%
Ordinary volume
2023-02-10
2023-05-12
-43.7%
Ordinary volume
2023-07-07
2023-10-06
-21.1%
Ordinary volume
2023-10-13
2024-01-12
-17.4%
Ordinary volume
2024-05-31
2024-08-30
27.7%
Ordinary volume
2024-10-25
2025-01-24
30.4%
Ordinary volume
2025-02-07
2025-05-09
-18.8%
Ordinary volume
2025-06-13
2025-09-12
27.6%
Ordinary volume
2025-10-10
2026-01-09
-15.1%
Ordinary volume
2026-01-16
2026-04-17
25.6%
Ordinary volume
2026-05-15
2026-08-14
38.0%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 36.71
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 price22.26
Earlier activity area20.20 โ 33.45
Recent volume balance-19.7%
Recent weekly volume0.76ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
25.26
496814
2025-10-24
27.69
497545
2025-10-31
29.32
768497
2025-11-07
24.48
1307560
2025-11-14
22.37
1072760
2025-11-21
20.96
844018
2025-11-28
21.84
638329
2025-12-05
22.41
767990
2025-12-12
23.96
995688
2025-12-19
23.10
1032853
2025-12-26
23.35
837284
2026-01-02
21.72
680223
2026-01-09
22.08
910656
2026-01-16
21.95
780062
2026-01-23
21.38
508733
2026-01-30
21.36
712030
2026-02-06
23.67
2362997
2026-02-13
29.61
1961982
2026-02-20
29.87
1217181
2026-02-27
30.08
1185421
2026-03-06
30.55
748756
2026-03-13
30.05
739512
2026-03-20
26.70
972672
2026-03-27
24.43
690718
2026-04-03
23.96
482858
2026-04-10
23.90
480566
2026-04-17
27.57
510451
2026-04-24
26.72
527418
2026-05-01
27.46
440627
2026-05-08
34.00
1067758
2026-05-15
28.32
962621
2026-05-22
28.18
945374
2026-05-29
34.35
733520
2026-06-05
33.50
948024
2026-06-12
34.81
632178
2026-06-19
34.14
563279
2026-06-26
36.72
1176623
2026-07-03
37.94
560406
2026-07-10
37.51
685975
2026-07-17
37.44
643718
2026-07-24
36.37
668051
2026-07-31
36.40
576756
2026-08-07
35.14
587898
2026-08-14
39.07
818620
2026-08-21
38.77
1196327
2026-08-28
38.00
860989
2026-09-04
35.36
1108704
2026-09-11
36.73
582110
2026-09-18
34.93
931781
2026-09-25
35.22
452348
2026-10-02
35.36
561005
2026-10-09
36.71
593920
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +25.01% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -0.05% over four weeks. Volume balance is -19.7% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 0.76ร 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
8
-0.5
Available
13 weeks
5
-3.08
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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