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 higher.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 2026-10-09
Volume-supported advance
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move14.1%16.0% over thirteen weeks
Latest relative volume4.06ร4.72ร recent four-week median
Closing pressure76.3%Volume-weighted position within weekly ranges
Up-week volume share87.9%12.1% in declining weeks ยท last 13 weeks
13-week 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
7.8%
35.3%
2.55ร
2025-10-24
0.2%
-3.4%
1.59ร
2025-10-31
-0.9%
-16.7%
1.06ร
2025-11-07
2.2%
10.0%
2.27ร
2025-11-14
4.9%
7.2%
2.83ร
2025-11-21
3.1%
-19.1%
4.15ร
2025-11-28
3.7%
-17.0%
1.11ร
2025-12-05
3.5%
-23.2%
1.00ร
2025-12-12
-1.2%
-36.5%
1.36ร
2025-12-19
-0.4%
-3.1%
1.19ร
2025-12-26
-0.3%
6.8%
0.14ร
2026-01-02
-4.5%
-24.8%
0.44ร
2026-01-09
2.1%
40.6%
0.93ร
2026-01-16
11.7%
77.4%
2.88ร
2026-01-23
16.8%
85.0%
1.87ร
2026-01-30
22.2%
91.9%
2.22ร
2026-02-06
18.5%
78.0%
1.85ร
2026-02-13
11.9%
62.2%
1.51ร
2026-02-20
6.2%
53.4%
0.28ร
2026-02-27
-2.2%
10.8%
2.01ร
2026-03-06
-5.9%
-19.5%
1.70ร
2026-03-13
-8.7%
-24.9%
2.33ร
2026-03-20
-10.8%
-39.2%
1.26ร
2026-03-27
-7.7%
-36.2%
0.71ร
2026-04-03
-5.3%
-26.8%
0.46ร
2026-04-10
-1.6%
-32.1%
0.44ร
2026-04-17
0.1%
-4.0%
0.43ร
2026-04-24
2.9%
15.4%
0.41ร
2026-05-01
2.8%
4.8%
0.51ร
2026-05-08
4.9%
29.1%
1.09ร
2026-05-15
4.8%
25.9%
0.73ร
2026-05-22
1.7%
-2.0%
0.77ร
2026-05-29
-0.7%
-2.8%
0.93ร
2026-06-05
-6.4%
-42.5%
0.14ร
2026-06-12
-4.8%
-43.7%
0.15ร
2026-06-19
-4.2%
-68.5%
1.25ร
2026-06-26
-2.4%
-68.7%
0.16ร
2026-07-03
-2.1%
-58.4%
0.08ร
2026-07-10
-4.8%
-73.7%
0.11ร
2026-07-17
-1.9%
36.5%
0.16ร
2026-07-24
2.3%
23.7%
0.09ร
2026-07-31
4.1%
40.9%
0.26ร
2026-08-07
0.5%
48.5%
0.43ร
2026-08-14
-1.3%
37.0%
0.12ร
2026-08-21
-2.0%
47.5%
0.39ร
2026-08-28
-1.6%
40.1%
0.19ร
2026-09-04
4.3%
65.6%
0.18ร
2026-09-11
1.0%
-17.6%
1.60ร
2026-09-18
-0.6%
1.9%
1.50ร
2026-09-25
4.1%
41.5%
5.38ร
2026-10-02
8.0%
55.7%
5.49ร
2026-10-09
14.1%
76.3%
4.06ร
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
100% 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: 93% of the way from the weekly low to high.
Volume-weighted return tilt
1.81 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
89.9 / 100
Price direction30.0 / 30
Closing pressure22.9 / 30
Up-week volume22.0 / 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
22
0.8%
24
0.0%
0.8 points
Advancing weeks
13 weeks
12
-0.4%
14
5.0%
-5.4 points
Declining weeks
4 weeks
23
0.9%
23
-1.9%
2.8 points
Declining weeks
13 weeks
13
1.7%
14
0.0%
1.7 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
2022-03-18
2022-04-15
-2.9%
High volume
2022-05-20
2022-06-17
-9.2%
High volume
2022-07-01
2022-07-29
4.4%
High volume
2022-11-04
2022-12-02
11.5%
High volume
2022-12-09
2023-01-06
4.9%
High volume
2023-01-13
2023-02-10
6.8%
High volume
2023-03-17
2023-04-14
-0.2%
High volume
2023-06-09
2023-07-07
21.7%
High volume
2023-07-07
2023-08-04
-0.1%
High volume
2023-10-06
2023-11-03
5.0%
High volume
2023-11-03
2023-12-01
-21.3%
High volume
2024-03-01
2024-03-29
-6.0%
High volume
2024-09-27
2024-10-25
-1.9%
High volume
2024-11-01
2024-11-29
1.8%
High volume
2024-11-29
2024-12-27
-1.5%
High volume
2025-02-28
2025-03-28
-2.6%
High volume
2025-06-27
2025-07-25
4.3%
High volume
2025-07-25
2025-08-22
-0.3%
High volume
2025-09-19
2025-10-17
7.8%
High volume
2025-10-24
2025-11-21
3.1%
High volume
2026-01-16
2026-02-13
11.9%
High volume
2026-02-13
2026-03-13
-8.7%
Ordinary volume
2021-04-23
2021-05-21
-1.4%
Ordinary volume
2021-07-23
2021-08-20
-10.6%
Ordinary volume
2021-10-08
2021-11-05
1.2%
Ordinary volume
2022-01-07
2022-02-04
5.8%
Ordinary volume
2022-04-01
2022-04-29
-1.2%
Ordinary volume
2022-04-29
2022-05-27
11.2%
Ordinary volume
2022-06-24
2022-07-22
6.2%
Ordinary volume
2022-07-22
2022-08-19
1.6%
Ordinary volume
2022-08-19
2022-09-16
-3.4%
Ordinary volume
2022-09-23
2022-10-21
-23.0%
Ordinary volume
2023-01-06
2023-02-03
9.2%
Ordinary volume
2023-02-03
2023-03-03
-3.8%
Ordinary volume
2023-08-11
2023-09-08
-0.6%
Ordinary volume
2023-10-27
2023-11-24
-10.8%
Ordinary volume
2024-04-26
2024-05-24
6.5%
Ordinary volume
2024-08-09
2024-09-06
-1.4%
Ordinary volume
2024-09-13
2024-10-11
11.9%
Ordinary volume
2024-10-25
2024-11-22
1.9%
Ordinary volume
2025-02-14
2025-03-14
7.9%
Ordinary volume
2025-05-09
2025-06-06
-0.5%
Ordinary volume
2025-06-06
2025-07-04
0.5%
Ordinary volume
2025-12-05
2026-01-02
-4.5%
Ordinary volume
2026-01-09
2026-02-06
18.5%
Ordinary volume
2026-05-08
2026-06-05
-6.4%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-03-18
2022-06-17
-1.2%
High volume
2022-07-01
2022-09-30
-4.7%
High volume
2022-11-04
2023-02-03
33.1%
High volume
2023-03-17
2023-06-16
7.9%
High volume
2023-06-16
2023-09-15
21.3%
High volume
2023-10-06
2024-01-05
-16.3%
High volume
2024-03-01
2024-05-31
-3.5%
High volume
2024-09-27
2024-12-27
-0.1%
High volume
2025-02-28
2025-05-30
-0.7%
High volume
2025-06-27
2025-09-26
12.9%
High volume
2025-09-26
2025-12-26
3.1%
High volume
2026-01-16
2026-04-17
-0.7%
Ordinary volume
2021-04-23
2021-07-23
-7.0%
Ordinary volume
2021-07-23
2021-10-22
-4.1%
Ordinary volume
2021-10-22
2022-01-21
4.1%
Ordinary volume
2022-01-21
2022-04-22
-6.1%
Ordinary volume
2022-04-29
2022-07-29
9.0%
Ordinary volume
2022-08-12
2022-11-11
-19.0%
Ordinary volume
2023-01-06
2023-04-07
5.6%
Ordinary volume
2023-08-11
2023-11-10
4.9%
Ordinary volume
2024-04-26
2024-07-26
5.9%
Ordinary volume
2024-08-09
2024-11-08
13.2%
Ordinary volume
2025-02-14
2025-05-16
7.8%
Ordinary volume
2025-06-06
2025-09-05
5.1%
Ordinary volume
2025-12-05
2026-03-06
10.2%
Ordinary volume
2026-05-08
2026-08-07
-10.2%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-11-26
2021-12-24
-4.2%
High volume
2022-02-25
2022-03-25
-1.8%
High volume
2022-03-25
2022-04-22
-1.7%
High volume
2022-05-27
2022-06-24
-8.1%
High volume
2022-09-30
2022-10-28
-20.9%
High volume
2022-10-28
2022-11-25
18.0%
High volume
2023-02-24
2023-03-24
3.5%
High volume
2023-07-21
2023-08-18
0.1%
High volume
2023-08-18
2023-09-15
-0.1%
High volume
2023-09-22
2023-10-20
3.5%
High volume
2023-10-20
2023-11-17
2.2%
High volume
2023-12-01
2023-12-29
2.8%
High volume
2024-05-24
2024-06-21
-1.6%
High volume
2024-06-21
2024-07-19
2.2%
High volume
2024-10-04
2024-11-01
0.9%
High volume
2024-11-08
2024-12-06
6.2%
High volume
2024-12-20
2025-01-17
3.5%
High volume
2025-03-21
2025-04-18
-2.9%
High volume
2025-07-04
2025-08-01
3.6%
High volume
2025-10-17
2025-11-14
4.9%
High volume
2025-11-21
2025-12-19
-0.4%
High volume
2026-02-27
2026-03-27
-7.7%
High volume
2026-09-11
2026-10-09
14.1%
Ordinary volume
2021-06-18
2021-07-16
-2.5%
Ordinary volume
2021-07-30
2021-08-27
-5.2%
Ordinary volume
2021-09-17
2021-10-15
4.8%
Ordinary volume
2021-11-05
2021-12-03
-0.2%
Ordinary volume
2021-12-03
2021-12-31
-0.1%
Ordinary volume
2022-01-28
2022-02-25
-2.4%
Ordinary volume
2022-04-08
2022-05-06
-2.9%
Ordinary volume
2022-06-10
2022-07-08
-1.8%
Ordinary volume
2022-09-16
2022-10-14
-17.1%
Ordinary volume
2022-12-23
2023-01-20
8.0%
Ordinary volume
2023-02-17
2023-03-17
-4.2%
Ordinary volume
2023-03-24
2023-04-21
-1.9%
Ordinary volume
2023-09-29
2023-10-27
3.8%
Ordinary volume
2024-03-15
2024-04-12
-6.4%
Ordinary volume
2024-08-30
2024-09-27
14.3%
Ordinary volume
2024-12-13
2025-01-10
-4.7%
Ordinary volume
2025-01-10
2025-02-07
-5.3%
Ordinary volume
2025-03-28
2025-04-25
-0.4%
Ordinary volume
2025-05-16
2025-06-13
-0.3%
Ordinary volume
2025-10-31
2025-11-28
3.7%
Ordinary volume
2025-12-19
2026-01-16
11.7%
Ordinary volume
2026-05-22
2026-06-19
-4.2%
Ordinary volume
2026-06-19
2026-07-17
-1.9%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-11-26
2022-02-25
2.8%
High volume
2022-02-25
2022-05-27
8.6%
High volume
2022-05-27
2022-08-26
-2.8%
High volume
2022-09-30
2022-12-30
-0.1%
High volume
2023-02-24
2023-05-26
1.7%
High volume
2023-07-21
2023-10-20
3.4%
High volume
2023-10-20
2024-01-19
-21.3%
High volume
2024-05-24
2024-08-23
1.6%
High volume
2024-10-04
2025-01-03
1.1%
High volume
2025-03-21
2025-06-20
3.5%
High volume
2025-07-04
2025-10-03
14.1%
High volume
2025-10-17
2026-01-16
15.2%
High volume
2026-02-27
2026-05-29
-6.7%
Ordinary volume
2021-06-18
2021-09-17
-9.8%
Ordinary volume
2021-09-17
2021-12-17
1.4%
Ordinary volume
2022-01-28
2022-04-29
-4.7%
Ordinary volume
2022-06-10
2022-09-09
-0.7%
Ordinary volume
2022-09-16
2022-12-16
-6.7%
Ordinary volume
2022-12-23
2023-03-24
5.9%
Ordinary volume
2023-03-24
2023-06-23
17.0%
Ordinary volume
2023-09-29
2023-12-29
-14.7%
Ordinary volume
2024-03-15
2024-06-14
0.6%
Ordinary volume
2024-08-30
2024-11-29
15.9%
Ordinary volume
2024-12-13
2025-03-14
-0.6%
Ordinary volume
2025-03-28
2025-06-27
4.8%
Ordinary volume
2025-10-31
2026-01-30
25.1%
Ordinary volume
2026-05-22
2026-08-21
-5.4%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 8.92
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 price8.09
Earlier activity area7.46 โ 9.07
Recent volume balance76.3%
Recent weekly volume2.08ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
7.08
10488214
2025-10-24
7.11
7553310
2025-10-31
7.07
6053051
2025-11-07
7.32
13774574
2025-11-14
7.42
17409727
2025-11-21
7.33
25921579
2025-11-28
7.33
7670661
2025-12-05
7.57
7615990
2025-12-12
7.33
10426207
2025-12-19
7.30
9126459
2025-12-26
7.31
1120198
2026-01-02
7.24
3535139
2026-01-09
7.49
7433652
2026-01-16
8.15
22138624
2026-01-23
8.54
14395297
2026-01-30
8.84
17100984
2026-02-06
8.87
14836906
2026-02-13
9.12
13143409
2026-02-20
9.07
2762172
2026-02-27
8.65
19613609
2026-03-06
8.35
17741939
2026-03-13
8.33
25056363
2026-03-20
8.09
15244595
2026-03-27
7.98
9529915
2026-04-03
7.91
5492801
2026-04-10
8.20
4623976
2026-04-17
8.10
4531344
2026-04-24
8.21
4117342
2026-05-01
8.13
5093099
2026-05-08
8.60
10921635
2026-05-15
8.49
7318446
2026-05-22
8.35
7196379
2026-05-29
8.07
7844219
2026-06-05
8.05
1165588
2026-06-12
8.08
1248067
2026-06-19
8.00
9537489
2026-06-26
7.88
1256554
2026-07-03
7.88
648984
2026-07-10
7.69
822554
2026-07-17
7.85
1196330
2026-07-24
8.06
681836
2026-07-31
8.20
1626522
2026-08-07
7.72
2267900
2026-08-14
7.74
564500
2026-08-21
7.90
1770489
2026-08-28
8.07
854345
2026-09-04
8.06
788329
2026-09-11
7.82
5096681
2026-09-18
7.85
4781525
2026-09-25
8.40
17176270
2026-10-02
8.70
17523954
2026-10-09
8.92
12955634
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +5.01% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +14.07% over four weeks. Volume balance is +76.3% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 2.08ร 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
17
0.14
Available
13 weeks
9
2.32
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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