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 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
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-8.4%38.1% over thirteen weeks
Latest relative volume0.46ร0.38ร recent four-week median
Closing pressure-21.8%Volume-weighted position within weekly ranges
Up-week volume share70.5%29.5% 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
-17.4%
32.1%
2.31ร
2025-10-24
-4.2%
32.2%
2.26ร
2025-10-31
-0.3%
-35.2%
2.57ร
2025-11-07
-27.3%
-23.3%
1.27ร
2025-11-14
-68.8%
-85.4%
103.81ร
2025-11-21
-71.7%
-75.6%
38.42ร
2025-11-28
-72.4%
-72.5%
4.70ร
2025-12-05
-61.9%
-69.7%
8.08ร
2025-12-12
-10.6%
-28.9%
10.50ร
2025-12-19
0.2%
-13.9%
8.85ร
2025-12-26
2.2%
-15.7%
2.51ร
2026-01-02
49.6%
0.5%
5.09ร
2026-01-09
9.5%
-50.7%
38.91ร
2026-01-16
-43.4%
-52.3%
9.75ร
2026-01-23
-56.4%
-55.3%
0.19ร
2026-01-30
-61.1%
-61.9%
0.61ร
2026-02-06
-64.9%
-49.3%
0.08ร
2026-02-13
-35.3%
26.4%
0.52ร
2026-02-20
-24.1%
36.9%
0.04ร
2026-02-27
-34.7%
34.4%
0.04ร
2026-03-06
-20.6%
35.5%
0.06ร
2026-03-13
-26.6%
-52.6%
0.05ร
2026-03-20
-49.8%
-51.9%
0.09ร
2026-03-27
-34.3%
-34.0%
0.56ร
2026-04-03
-12.1%
-24.5%
0.05ร
2026-04-10
1.0%
-20.7%
0.03ร
2026-04-17
-62.4%
-80.3%
3.18ร
2026-04-24
-77.6%
-55.9%
22.56ร
2026-05-01
-79.2%
-65.9%
17.33ร
2026-05-08
-82.6%
-44.1%
8.33ร
2026-05-15
-30.7%
-41.4%
0.02ร
2026-05-22
-12.0%
-36.0%
0.24ร
2026-05-29
-13.8%
17.9%
0.11ร
2026-06-05
-3.8%
-34.5%
0.04ร
2026-06-12
-11.6%
-51.2%
1.81ร
2026-06-19
21.6%
-38.7%
0.19ร
2026-06-26
9.3%
-47.4%
0.08ร
2026-07-03
16.3%
-42.8%
0.17ร
2026-07-10
21.2%
45.6%
0.17ร
2026-07-17
-5.2%
30.1%
0.17ร
2026-07-24
21.0%
38.4%
0.30ร
2026-07-31
5.0%
18.0%
0.16ร
2026-08-07
28.6%
24.2%
0.16ร
2026-08-14
25.8%
30.0%
0.21ร
2026-08-21
9.8%
45.1%
0.16ร
2026-08-28
30.5%
52.9%
0.14ร
2026-09-04
14.8%
28.5%
0.24ร
2026-09-11
15.4%
26.9%
0.30ร
2026-09-18
7.2%
16.0%
0.37ร
2026-09-25
-2.2%
0.9%
0.46ร
2026-10-02
-1.0%
11.8%
0.30ร
2026-10-09
-8.4%
-21.8%
0.46ร
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
45% 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
0.90 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
32.6 / 100
Price direction15.0 / 30
Closing pressure0.0 / 30
Up-week volume17.6 / 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
25
โ
5
โ
Limited sample
Advancing weeks
13 weeks
13
โ
4
โ
Limited sample
Declining weeks
4 weeks
17
โ
6
โ
Limited sample
Declining weeks
13 weeks
10
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
2022-10-28
2022-11-25
0.6%
High volume
2022-12-02
2022-12-30
0.5%
High volume
2023-01-20
2023-02-17
0.4%
High volume
2023-03-10
2023-04-07
0.4%
High volume
2023-04-14
2023-05-12
0.1%
High volume
2023-08-11
2023-09-08
-0.4%
High volume
2023-12-08
2024-01-05
0.1%
High volume
2024-01-12
2024-02-09
0.2%
High volume
2024-02-09
2024-03-08
1.1%
High volume
2024-03-08
2024-04-05
0.2%
High volume
2024-04-05
2024-05-03
1.0%
High volume
2024-05-03
2024-05-31
0.6%
High volume
2024-09-13
2024-10-11
-0.7%
High volume
2024-10-18
2024-11-15
-1.1%
High volume
2024-12-20
2025-01-17
-0.3%
High volume
2025-01-17
2025-02-14
-19.4%
High volume
2025-03-21
2025-04-18
-9.9%
High volume
2025-05-09
2025-06-06
6.7%
High volume
2025-07-04
2025-08-01
23.4%
High volume
2025-08-22
2025-09-19
-24.5%
High volume
2025-10-03
2025-10-31
-0.3%
High volume
2025-10-31
2025-11-28
-72.4%
High volume
2025-11-28
2025-12-26
2.2%
High volume
2025-12-26
2026-01-23
-56.4%
High volume
2026-05-01
2026-05-29
-13.8%
Ordinary volume
2022-12-23
2023-01-20
0.7%
Ordinary volume
2023-02-17
2023-03-17
0.4%
Ordinary volume
2023-07-21
2023-08-18
4.6%
Ordinary volume
2024-01-19
2024-02-16
0.5%
Ordinary volume
2024-10-04
2024-11-01
-8.1%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-10-28
2023-01-27
2.1%
High volume
2023-01-27
2023-04-28
1.2%
High volume
2023-05-05
2023-08-04
1.2%
High volume
2023-08-11
2023-11-10
-1.3%
High volume
2023-12-08
2024-03-08
1.7%
High volume
2024-03-08
2024-06-07
3.2%
High volume
2024-09-13
2024-12-13
-0.9%
High volume
2024-12-20
2025-03-21
-94.5%
High volume
2025-03-21
2025-06-20
-54.0%
High volume
2025-07-04
2025-10-03
31.4%
High volume
2025-10-03
2026-01-02
-64.3%
High volume
2026-01-02
2026-04-03
-81.4%
High volume
2026-05-01
2026-07-31
2.4%
Ordinary volume
2022-12-23
2023-03-24
1.6%
Ordinary volume
2023-07-21
2023-10-20
10.8%
Ordinary volume
2024-01-19
2024-04-19
1.6%
Ordinary volume
2024-10-04
2025-01-03
-8.1%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2023-04-28
2023-05-26
-1.2%
High volume
2023-10-27
2023-11-24
-0.1%
High volume
2023-12-29
2024-01-26
0.6%
High volume
2024-02-02
2024-03-01
1.0%
High volume
2024-05-24
2024-06-21
-2.5%
High volume
2024-10-25
2024-11-22
-1.7%
High volume
2025-02-07
2025-03-07
-92.4%
High volume
2025-03-07
2025-04-04
-47.5%
High volume
2025-04-04
2025-05-02
-24.6%
High volume
2025-05-02
2025-05-30
26.5%
High volume
2025-06-06
2025-07-04
-23.3%
High volume
2025-09-05
2025-10-03
-25.0%
High volume
2025-10-10
2025-11-07
-27.3%
High volume
2025-11-14
2025-12-12
-10.6%
High volume
2026-01-09
2026-02-06
-64.9%
High volume
2026-04-17
2026-05-15
-30.7%
High volume
2026-06-12
2026-07-10
21.2%
Ordinary volume
2023-05-19
2023-06-16
1.0%
Ordinary volume
2023-08-18
2023-09-15
0.2%
Ordinary volume
2024-01-05
2024-02-02
0.3%
Ordinary volume
2024-05-31
2024-06-28
0.2%
Ordinary volume
2024-11-15
2024-12-13
-1.4%
Ordinary volume
2025-09-12
2025-10-10
-22.3%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2023-04-28
2023-07-28
-0.1%
High volume
2023-10-27
2024-01-26
0.9%
High volume
2024-02-02
2024-05-03
2.5%
High volume
2024-05-24
2024-08-23
-4.4%
High volume
2024-10-25
2025-01-24
3.6%
High volume
2025-02-07
2025-05-09
-96.9%
High volume
2025-05-16
2025-08-15
44.2%
High volume
2025-09-05
2025-12-05
-82.1%
High volume
2025-12-05
2026-03-06
-68.3%
High volume
2026-04-17
2026-07-17
-22.9%
Ordinary volume
2023-05-19
2023-08-18
6.1%
Ordinary volume
2023-08-18
2023-11-17
-1.1%
Ordinary volume
2024-01-05
2024-04-05
1.8%
Ordinary volume
2024-05-31
2024-08-30
-0.2%
Ordinary volume
2024-11-15
2025-02-14
-20.3%
Ordinary volume
2025-09-12
2025-12-12
-77.7%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 8.30
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 price11.08
Earlier activity area3.31 โ 166.53
Recent volume balance-21.8%
Recent weekly volume0.06ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
408.48
11298565
2025-10-24
413.16
12686144
2025-10-31
459.00
18200132
2025-11-07
288.12
10447421
2025-11-14
127.56
894636044
2025-11-21
116.88
367418967
2025-11-28
126.84
51125762
2025-12-05
109.80
87827044
2025-12-12
114.00
114181595
2025-12-19
117.12
106152911
2025-12-26
129.60
36164688
2026-01-02
164.28
73187815
2026-01-09
124.80
667139302
2026-01-16
66.30
167184772
2026-01-23
56.55
4145032
2026-01-30
63.90
13005849
2026-02-06
43.80
1762418
2026-02-13
42.90
11139623
2026-02-20
42.90
838807
2026-02-27
41.70
763687
2026-03-06
34.80
1017829
2026-03-13
31.50
803058
2026-03-20
21.54
1367361
2026-03-27
27.40
8761638
2026-04-03
30.60
774676
2026-04-10
31.80
375944
2026-04-17
8.09
38084417
2026-04-24
6.15
289824637
2026-05-01
6.37
270429538
2026-05-08
5.55
204842951
2026-05-15
5.61
806151
2026-05-22
5.41
5777924
2026-05-29
5.49
1280727
2026-06-05
5.34
403690
2026-06-12
4.96
13181627
2026-06-19
6.58
1381910
2026-06-26
6.00
382199
2026-07-03
6.21
495512
2026-07-10
6.01
265019
2026-07-17
6.24
239630
2026-07-24
7.26
393363
2026-07-31
6.52
184489
2026-08-07
7.73
145547
2026-08-14
7.85
173894
2026-08-21
7.97
126203
2026-08-28
8.51
113738
2026-09-04
8.87
191231
2026-09-11
9.06
189227
2026-09-18
8.54
165202
2026-09-25
8.32
183102
2026-10-02
8.78
116252
2026-10-09
8.30
173219
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -91.84% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -8.39% over four weeks. Volume balance is -21.8% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is below its earlier norm
Recent median weekly volume is 0.06ร 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
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
13
-0.18
Available
13 weeks
5
0.06
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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