The latest close is above the activity area established before the last four weeks. 2 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 · 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 move17.6%44.3% over thirteen weeks
Latest relative volume2.28×0.93× recent four-week median
Closing pressure17.8%Volume-weighted position within weekly ranges
Up-week volume share71.9%28.1% in declining weeks · 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
-6.1%
-27.9%
1.05×
2025-10-24
-8.3%
-49.4%
1.18×
2025-10-31
-4.8%
-42.3%
1.00×
2025-11-07
10.7%
20.0%
1.64×
2025-11-14
13.1%
18.1%
2.33×
2025-11-21
8.6%
13.2%
1.02×
2025-11-28
7.6%
17.3%
0.64×
2025-12-05
-4.7%
-37.1%
1.38×
2025-12-12
-6.1%
-53.4%
1.09×
2025-12-19
-7.1%
-59.1%
0.97×
2025-12-26
-5.5%
-51.6%
0.61×
2026-01-02
0.8%
-9.6%
0.58×
2026-01-09
-0.5%
7.8%
1.34×
2026-01-16
9.3%
54.6%
1.70×
2026-01-23
21.2%
71.6%
1.76×
2026-01-30
26.7%
58.0%
2.15×
2026-02-06
24.3%
31.9%
1.72×
2026-02-13
18.4%
4.3%
1.60×
2026-02-20
10.3%
-5.0%
0.89×
2026-02-27
7.2%
-6.9%
1.51×
2026-03-06
14.4%
34.2%
2.30×
2026-03-13
18.6%
29.1%
2.80×
2026-03-20
16.1%
-1.3%
1.66×
2026-03-27
22.1%
13.3%
1.62×
2026-04-03
15.8%
-5.8%
1.54×
2026-04-10
16.5%
25.1%
1.15×
2026-04-17
9.0%
39.0%
1.09×
2026-04-24
1.0%
10.0%
0.81×
2026-05-01
6.3%
24.0%
0.76×
2026-05-08
-3.9%
-19.5%
0.81×
2026-05-15
-2.6%
-26.2%
0.99×
2026-05-22
-6.0%
-40.8%
1.25×
2026-05-29
-14.9%
-61.0%
0.72×
2026-06-05
-14.4%
-66.3%
0.75×
2026-06-12
-8.5%
-32.8%
0.89×
2026-06-19
-14.7%
-19.9%
1.07×
2026-06-26
-11.7%
-23.8%
0.63×
2026-07-03
-8.4%
-11.2%
0.43×
2026-07-10
-4.6%
-14.0%
0.62×
2026-07-17
6.7%
2.7%
0.64×
2026-07-24
11.4%
27.8%
0.58×
2026-07-31
16.2%
58.2%
0.58×
2026-08-07
1.5%
6.4%
0.71×
2026-08-14
-1.2%
-10.8%
0.85×
2026-08-21
3.6%
9.8%
0.89×
2026-08-28
-0.6%
16.2%
0.97×
2026-09-04
15.5%
38.0%
1.12×
2026-09-11
20.9%
51.7%
0.67×
2026-09-18
11.1%
19.8%
0.79×
2026-09-25
10.4%
-27.4%
0.94×
2026-10-02
7.4%
-7.5%
0.97×
2026-10-09
17.6%
17.8%
2.28×
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
74% 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: 77% of the way from the weekly low to high.
Volume-weighted return tilt
1.27 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
62.6 / 100
Price direction30.0 / 30
Closing pressure5.3 / 30
Up-week volume18.0 / 25
Volume confirmation9.3 / 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 1.5× its preceding 26-week median; ordinary volume is 0.75–1.25×. Returns start at that week’s 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
10.8%
43
1.3%
9.5 points
Advancing weeks
13 weeks
7
—
17
—
Limited sample
Declining weeks
4 weeks
9
6.3%
40
2.3%
4.0 points
Declining weeks
13 weeks
7
—
16
—
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 · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-23
2021-05-21
12.8%
High volume
2021-11-12
2021-12-10
19.1%
High volume
2022-01-28
2022-02-25
8.9%
High volume
2022-10-07
2022-11-04
-12.9%
High volume
2023-06-16
2023-07-14
-2.5%
High volume
2024-09-27
2024-10-25
-4.9%
High volume
2025-11-07
2025-12-05
-4.7%
High volume
2026-01-16
2026-02-13
18.4%
High volume
2026-02-13
2026-03-13
18.6%
High volume
2026-03-13
2026-04-10
16.5%
Ordinary volume
2021-05-28
2021-06-25
14.2%
Ordinary volume
2021-06-25
2021-07-23
-13.3%
Ordinary volume
2021-07-30
2021-08-27
12.8%
Ordinary volume
2021-08-27
2021-09-24
-8.2%
Ordinary volume
2021-09-24
2021-10-22
-4.0%
Ordinary volume
2021-12-10
2022-01-07
-5.6%
Ordinary volume
2022-01-14
2022-02-11
12.7%
Ordinary volume
2022-02-25
2022-03-25
3.0%
Ordinary volume
2022-03-25
2022-04-22
1.8%
Ordinary volume
2022-05-06
2022-06-03
8.7%
Ordinary volume
2022-07-01
2022-07-29
22.6%
Ordinary volume
2022-07-29
2022-08-26
21.4%
Ordinary volume
2022-08-26
2022-09-23
-13.7%
Ordinary volume
2022-10-21
2022-11-18
-32.4%
Ordinary volume
2022-11-25
2022-12-23
10.1%
Ordinary volume
2022-12-23
2023-01-20
3.5%
Ordinary volume
2023-05-05
2023-06-02
12.7%
Ordinary volume
2023-06-23
2023-07-21
-1.3%
Ordinary volume
2023-07-21
2023-08-18
2.3%
Ordinary volume
2023-08-18
2023-09-15
11.0%
Ordinary volume
2023-10-20
2023-11-17
-0.5%
Ordinary volume
2023-11-17
2023-12-15
-2.8%
Ordinary volume
2023-12-15
2024-01-12
10.3%
Ordinary volume
2024-01-26
2024-02-23
3.1%
Ordinary volume
2024-04-05
2024-05-03
7.5%
Ordinary volume
2024-08-16
2024-09-13
-4.8%
Ordinary volume
2024-10-04
2024-11-01
-13.5%
Ordinary volume
2024-11-08
2024-12-06
1.3%
Ordinary volume
2024-12-13
2025-01-10
-2.0%
Ordinary volume
2025-01-10
2025-02-07
4.0%
Ordinary volume
2025-02-14
2025-03-14
-5.3%
Ordinary volume
2025-03-14
2025-04-11
-12.8%
Ordinary volume
2025-05-02
2025-05-30
-0.7%
Ordinary volume
2025-06-20
2025-07-18
-7.2%
Ordinary volume
2025-07-25
2025-08-22
-1.0%
Ordinary volume
2025-08-22
2025-09-19
4.1%
Ordinary volume
2025-09-19
2025-10-17
-6.1%
Ordinary volume
2025-10-17
2025-11-14
13.1%
Ordinary volume
2025-12-12
2026-01-09
-0.5%
Ordinary volume
2026-02-20
2026-03-20
16.1%
Ordinary volume
2026-04-10
2026-05-08
-3.9%
Ordinary volume
2026-06-12
2026-07-10
-4.6%
Ordinary volume
2026-08-14
2026-09-11
20.9%
Advancing weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-23
2021-07-23
19.0%
High volume
2021-11-12
2022-02-11
45.3%
High volume
2022-10-07
2023-01-06
-19.1%
High volume
2023-06-16
2023-09-15
14.2%
High volume
2024-09-27
2024-12-27
-7.5%
High volume
2025-11-07
2026-02-06
19.4%
High volume
2026-02-13
2026-05-15
28.0%
Ordinary volume
2021-05-28
2021-08-27
12.3%
Ordinary volume
2021-08-27
2021-11-26
-6.6%
Ordinary volume
2021-12-10
2022-03-11
20.8%
Ordinary volume
2022-03-25
2022-06-24
-10.8%
Ordinary volume
2022-07-01
2022-09-30
25.1%
Ordinary volume
2022-10-21
2023-01-20
-20.7%
Ordinary volume
2023-05-05
2023-08-04
34.3%
Ordinary volume
2023-08-11
2023-11-10
16.0%
Ordinary volume
2023-11-17
2024-02-16
17.0%
Ordinary volume
2024-04-05
2024-07-05
-2.7%
Ordinary volume
2024-08-16
2024-11-15
-6.5%
Ordinary volume
2024-11-15
2025-02-14
7.8%
Ordinary volume
2025-02-14
2025-05-16
-13.1%
Ordinary volume
2025-05-16
2025-08-15
1.2%
Ordinary volume
2025-08-22
2025-11-21
7.2%
Ordinary volume
2025-12-12
2026-03-13
47.2%
Ordinary volume
2026-04-10
2026-07-10
-19.1%
Declining weeks · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-21
2021-06-18
14.9%
High volume
2021-11-05
2021-12-03
21.3%
High volume
2022-10-28
2022-11-25
-16.6%
High volume
2024-03-08
2024-04-05
4.1%
High volume
2024-05-17
2024-06-14
-7.1%
High volume
2024-11-01
2024-11-29
8.5%
High volume
2025-04-11
2025-05-09
2.2%
High volume
2026-02-06
2026-03-06
14.4%
High volume
2026-04-03
2026-05-01
6.3%
Ordinary volume
2021-06-18
2021-07-16
-6.7%
Ordinary volume
2021-07-23
2021-08-20
2.3%
Ordinary volume
2021-08-20
2021-09-17
-4.9%
Ordinary volume
2021-09-17
2021-10-15
15.4%
Ordinary volume
2021-10-22
2021-11-19
-3.4%
Ordinary volume
2021-12-24
2022-01-21
16.7%
Ordinary volume
2022-02-18
2022-03-18
-5.1%
Ordinary volume
2022-03-18
2022-04-15
18.9%
Ordinary volume
2022-04-22
2022-05-20
12.5%
Ordinary volume
2022-06-03
2022-07-01
-15.3%
Ordinary volume
2022-08-19
2022-09-16
-4.3%
Ordinary volume
2022-09-16
2022-10-14
7.0%
Ordinary volume
2022-10-14
2022-11-11
-19.2%
Ordinary volume
2022-11-18
2022-12-16
-4.2%
Ordinary volume
2023-03-03
2023-03-31
-5.7%
Ordinary volume
2023-04-21
2023-05-19
12.1%
Ordinary volume
2023-05-19
2023-06-16
26.8%
Ordinary volume
2023-06-30
2023-07-28
2.0%
Ordinary volume
2023-09-22
2023-10-20
9.1%
Ordinary volume
2023-10-27
2023-11-24
3.9%
Ordinary volume
2023-11-24
2023-12-22
4.7%
Ordinary volume
2024-03-22
2024-04-19
8.0%
Ordinary volume
2024-05-03
2024-05-31
-5.4%
Ordinary volume
2024-06-07
2024-07-05
2.4%
Ordinary volume
2024-08-02
2024-08-30
13.3%
Ordinary volume
2024-09-13
2024-10-11
1.1%
Ordinary volume
2024-10-11
2024-11-08
-5.0%
Ordinary volume
2024-11-29
2024-12-27
-5.8%
Ordinary volume
2025-02-07
2025-03-07
-4.5%
Ordinary volume
2025-04-18
2025-05-16
5.5%
Ordinary volume
2025-05-23
2025-06-20
10.9%
Ordinary volume
2025-06-27
2025-07-25
1.2%
Ordinary volume
2025-08-15
2025-09-12
6.7%
Ordinary volume
2025-10-03
2025-10-31
-4.8%
Ordinary volume
2025-10-31
2025-11-28
7.6%
Ordinary volume
2025-12-19
2026-01-16
9.3%
Ordinary volume
2026-04-17
2026-05-15
-2.6%
Ordinary volume
2026-05-15
2026-06-12
-8.5%
Ordinary volume
2026-06-19
2026-07-17
6.7%
Ordinary volume
2026-08-28
2026-09-25
10.4%
Declining weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-21
2021-08-20
7.9%
High volume
2021-11-05
2022-02-04
46.7%
High volume
2022-10-28
2023-01-27
-6.1%
High volume
2024-03-08
2024-06-07
-1.0%
High volume
2024-11-01
2025-01-31
14.1%
High volume
2025-04-11
2025-07-11
12.3%
High volume
2026-02-06
2026-05-08
33.4%
Ordinary volume
2021-06-18
2021-09-17
-10.7%
Ordinary volume
2021-09-17
2021-12-17
20.9%
Ordinary volume
2021-12-24
2022-03-25
35.9%
Ordinary volume
2022-04-22
2022-07-22
-5.9%
Ordinary volume
2022-08-19
2022-11-18
-18.9%
Ordinary volume
2022-11-18
2023-02-17
18.4%
Ordinary volume
2023-03-03
2023-06-02
25.3%
Ordinary volume
2023-06-30
2023-09-29
12.9%
Ordinary volume
2023-09-29
2023-12-29
13.6%
Ordinary volume
2024-03-22
2024-06-21
-0.7%
Ordinary volume
2024-08-02
2024-11-01
-2.3%
Ordinary volume
2024-11-29
2025-02-28
-0.4%
Ordinary volume
2025-04-18
2025-07-18
6.5%
Ordinary volume
2025-07-18
2025-10-17
0.5%
Ordinary volume
2025-10-31
2026-01-30
32.8%
Ordinary volume
2026-04-17
2026-07-17
-12.6%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 22.47
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 price16.05
Earlier activity area13.53 – 19.48
Recent volume balance17.8%
Recent weekly volume0.90×
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
10.57
30821409
2025-10-24
10.68
35201257
2025-10-31
10.65
29880211
2025-11-07
11.62
49577779
2025-11-14
11.96
70288800
2025-11-21
11.59
31241472
2025-11-28
11.46
19705675
2025-12-05
11.07
42702132
2025-12-12
11.22
33910639
2025-12-19
10.77
30224336
2025-12-26
10.82
19016732
2026-01-02
11.16
18019148
2026-01-09
11.17
41435725
2026-01-16
11.77
54443171
2026-01-23
13.12
57635037
2026-01-30
14.14
70855340
2026-02-06
13.88
56668622
2026-02-13
13.94
52607960
2026-02-20
14.47
29753666
2026-02-27
15.17
50667650
2026-03-06
15.88
79638774
2026-03-13
16.53
101013937
2026-03-20
16.80
63147971
2026-03-27
18.51
65309117
2026-04-03
18.38
64740501
2026-04-10
19.25
53207721
2026-04-17
18.31
54555933
2026-04-24
18.70
41978040
2026-05-01
19.53
39121296
2026-05-08
18.51
41749917
2026-05-15
17.83
51165395
2026-05-22
17.57
63891602
2026-05-29
16.62
37374511
2026-06-05
15.85
39003298
2026-06-12
16.32
46437333
2026-06-19
14.99
55733216
2026-06-26
14.68
33470597
2026-07-03
14.52
22623309
2026-07-10
15.57
32927571
2026-07-17
16.00
34073501
2026-07-24
16.35
30123004
2026-07-31
16.87
29522647
2026-08-07
15.80
34395400
2026-08-14
15.81
37699821
2026-08-21
16.94
37341650
2026-08-28
16.77
40639589
2026-09-04
18.25
46168929
2026-09-11
19.11
27521114
2026-09-18
18.82
31557937
2026-09-25
18.52
36582912
2026-10-02
19.60
37330661
2026-10-09
22.47
85724866
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +34.08% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +17.58% over four weeks. Volume balance is +17.8% on a scale from −100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 0.90× the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
2 of 4 closes above
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
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 · 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
25
2.97
Available
13 weeks
11
11.93
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. “Start from a date” 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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