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 positive; the estimated activity centre is higher.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 2026-10-09
Heavy volume, limited progress
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move15.7%19.6% over thirteen weeks
Latest relative volume2.81ร3.53ร recent four-week median
Closing pressure59.6%Volume-weighted position within weekly ranges
Up-week volume share72.1%27.9% in declining weeks ยท last 13 weeks
Rejected range breakoutAt 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
-1.9%
1.3%
2.11ร
2025-10-24
10.7%
27.4%
0.97ร
2025-10-31
7.2%
20.5%
1.49ร
2025-11-07
3.2%
15.9%
0.85ร
2025-11-14
14.1%
31.9%
1.14ร
2025-11-21
-9.3%
-32.8%
3.46ร
2025-11-28
-5.3%
-33.4%
1.90ร
2025-12-05
-7.4%
-44.4%
1.62ร
2025-12-12
-17.3%
-49.0%
1.47ร
2025-12-19
-7.8%
-30.0%
0.90ร
2025-12-26
-11.3%
-38.9%
0.62ร
2026-01-02
-6.7%
-18.9%
0.48ร
2026-01-09
-6.0%
-38.6%
0.92ร
2026-01-16
9.6%
-14.7%
1.08ร
2026-01-23
3.5%
-17.4%
1.48ร
2026-01-30
-0.2%
-25.0%
0.93ร
2026-02-06
-9.6%
-24.4%
1.04ร
2026-02-13
-17.8%
-55.2%
1.20ร
2026-02-20
-12.3%
-22.9%
4.00ร
2026-02-27
-7.2%
2.1%
3.00ร
2026-03-06
14.9%
18.2%
1.54ร
2026-03-13
6.1%
19.7%
0.98ร
2026-03-20
24.9%
32.3%
1.34ร
2026-03-27
33.1%
47.1%
1.84ร
2026-04-03
9.8%
30.3%
0.84ร
2026-04-10
23.5%
63.6%
0.50ร
2026-04-17
10.3%
56.0%
0.77ร
2026-04-24
10.4%
47.7%
1.47ร
2026-05-01
19.2%
47.6%
0.63ร
2026-05-08
21.3%
54.7%
1.21ร
2026-05-15
17.4%
47.0%
1.26ร
2026-05-22
8.7%
49.5%
0.92ร
2026-05-29
28.9%
27.6%
1.97ร
2026-06-05
40.4%
37.3%
2.87ร
2026-06-12
41.6%
35.9%
0.32ร
2026-06-19
44.0%
25.8%
0.18ร
2026-06-26
37.4%
62.4%
0.23ร
2026-07-03
9.6%
7.4%
0.14ร
2026-07-10
2.1%
-22.0%
0.18ร
2026-07-17
3.0%
-46.4%
0.27ร
2026-07-24
-4.3%
-49.5%
0.15ร
2026-07-31
-6.0%
-48.6%
0.20ร
2026-08-07
-0.6%
-42.2%
0.11ร
2026-08-14
5.9%
-0.7%
0.20ร
2026-08-21
1.5%
21.7%
0.17ร
2026-08-28
17.1%
13.3%
0.66ร
2026-09-04
12.3%
22.9%
0.40ร
2026-09-11
-4.3%
-57.9%
4.47ร
2026-09-18
12.4%
50.4%
13.45ร
2026-09-25
8.8%
47.9%
4.25ร
2026-10-02
9.5%
45.2%
1.58ร
2026-10-09
15.7%
59.6%
2.81ร
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
76% 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: 27% of the way from the weekly low to high.
Volume-weighted return tilt
4.50 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
80.9 / 100
Price direction30.0 / 30
Closing pressure17.9 / 30
Up-week volume18.0 / 25
Volume confirmation15.0 / 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
8
8.9%
11
7.2%
1.7 points
Advancing weeks
13 weeks
5
โ
5
โ
Limited sample
Declining weeks
4 weeks
8
9.8%
10
8.6%
1.1 points
Declining weeks
13 weeks
4
โ
6
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
2025-04-11
2025-05-09
0.1%
High volume
2025-06-06
2025-07-04
18.6%
High volume
2025-08-01
2025-08-29
7.4%
High volume
2025-09-12
2025-10-10
3.8%
High volume
2025-11-28
2025-12-26
-11.3%
High volume
2026-02-20
2026-03-20
24.9%
High volume
2026-03-27
2026-04-24
10.4%
High volume
2026-05-29
2026-06-26
37.4%
Ordinary volume
2024-11-29
2024-12-27
6.0%
Ordinary volume
2025-01-31
2025-02-28
-11.5%
Ordinary volume
2025-05-02
2025-05-30
12.0%
Ordinary volume
2025-05-30
2025-06-27
30.5%
Ordinary volume
2025-07-18
2025-08-15
20.3%
Ordinary volume
2025-08-22
2025-09-19
12.0%
Ordinary volume
2025-10-03
2025-10-31
7.2%
Ordinary volume
2025-11-14
2025-12-12
-17.3%
Ordinary volume
2026-01-16
2026-02-13
-17.8%
Ordinary volume
2026-02-13
2026-03-13
6.1%
Ordinary volume
2026-04-17
2026-05-15
17.4%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2025-04-11
2025-07-11
32.4%
High volume
2025-08-01
2025-10-31
35.6%
High volume
2025-11-28
2026-02-27
-19.0%
High volume
2026-02-27
2026-05-29
84.4%
High volume
2026-05-29
2026-08-28
40.9%
Ordinary volume
2024-11-29
2025-02-28
-4.7%
Ordinary volume
2025-05-02
2025-08-01
47.3%
Ordinary volume
2025-08-22
2025-11-21
7.5%
Ordinary volume
2026-01-16
2026-04-17
16.9%
Ordinary volume
2026-04-17
2026-07-17
72.9%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2024-11-22
2024-12-20
7.0%
High volume
2025-02-28
2025-03-28
-9.8%
High volume
2025-04-04
2025-05-02
12.0%
High volume
2025-07-04
2025-08-01
7.7%
High volume
2025-08-29
2025-09-26
11.8%
High volume
2025-10-17
2025-11-14
14.1%
High volume
2025-11-21
2025-12-19
-7.8%
High volume
2026-09-11
2026-10-09
15.7%
Ordinary volume
2024-11-15
2024-12-13
-1.3%
Ordinary volume
2025-01-17
2025-02-14
7.6%
Ordinary volume
2025-03-14
2025-04-11
6.7%
Ordinary volume
2025-07-11
2025-08-08
23.4%
Ordinary volume
2025-09-26
2025-10-24
10.7%
Ordinary volume
2025-11-07
2025-12-05
-7.4%
Ordinary volume
2025-12-19
2026-01-16
9.6%
Ordinary volume
2026-01-30
2026-02-27
-7.2%
Ordinary volume
2026-03-13
2026-04-10
23.5%
Ordinary volume
2026-05-22
2026-06-19
44.0%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2024-11-22
2025-02-21
15.5%
High volume
2025-02-28
2025-05-30
7.0%
High volume
2025-07-04
2025-10-03
36.3%
High volume
2025-10-17
2026-01-16
-1.1%
Ordinary volume
2024-11-15
2025-02-14
7.3%
Ordinary volume
2025-03-14
2025-06-13
30.4%
Ordinary volume
2025-07-11
2025-10-10
41.3%
Ordinary volume
2025-11-07
2026-02-06
-23.9%
Ordinary volume
2026-02-06
2026-05-08
61.1%
Ordinary volume
2026-05-22
2026-08-21
54.1%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 10.50
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 price4.68
Earlier activity area3.41 โ 5.45
Recent volume balance59.6%
Recent weekly volume2.00ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
4.48
3478424
2025-10-24
4.83
1711298
2025-10-31
4.93
2641457
2025-11-07
4.72
1545595
2025-11-14
5.11
2078319
2025-11-21
4.38
6636188
2025-11-28
4.66
3847825
2025-12-05
4.37
3348956
2025-12-12
4.23
3070762
2025-12-19
4.04
1930176
2025-12-26
4.14
1328999
2026-01-02
4.08
1007179
2026-01-09
3.97
1925154
2026-01-16
4.43
2257410
2026-01-23
4.28
3177429
2026-01-30
4.07
2022956
2026-02-06
3.59
2229782
2026-02-13
3.64
2563496
2026-02-20
3.76
8601587
2026-02-27
3.78
6624262
2026-03-06
4.13
3415198
2026-03-13
3.86
2201860
2026-03-20
4.69
2964318
2026-03-27
5.03
4138664
2026-04-03
4.53
2016338
2026-04-10
4.77
1207494
2026-04-17
5.18
1858234
2026-04-24
5.55
3293872
2026-05-01
5.40
1515738
2026-05-08
5.79
2703568
2026-05-15
6.07
3031691
2026-05-22
6.04
2425985
2026-05-29
6.96
4916059
2026-06-05
8.13
7151113
2026-06-12
8.60
789456
2026-06-19
8.69
414381
2026-06-26
9.57
541298
2026-07-03
8.91
316175
2026-07-10
8.78
419197
2026-07-17
8.95
631028
2026-07-24
9.16
354958
2026-07-31
8.38
432957
2026-08-07
8.73
233356
2026-08-14
9.48
421137
2026-08-21
9.30
325904
2026-08-28
9.81
1117871
2026-09-04
9.80
544630
2026-09-11
9.08
5192446
2026-09-18
10.46
15634350
2026-09-25
10.67
4945690
2026-10-02
10.73
1837687
2026-10-09
10.50
3270465
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +90.33% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +15.67% over four weeks. Volume balance is +59.6% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 2.00ร 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
11
8.36
Available
13 weeks
5
26.35
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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