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. The four-week price move and estimated closing pressure point in different directions.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 2026-10-09
Priceโpressure disagreement
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-7.2%-19.0% over thirteen weeks
Latest relative volume0.92ร1.02ร recent four-week median
Closing pressure23.5%Volume-weighted position within weekly ranges
Up-week volume share51.8%48.2% 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
1.9%
-21.7%
0.98ร
2025-10-24
9.4%
-6.3%
0.66ร
2025-10-31
-0.8%
-15.4%
1.87ร
2025-11-07
9.2%
8.0%
1.58ร
2025-11-14
-7.3%
-15.6%
1.24ร
2025-11-21
-17.8%
-37.8%
1.39ร
2025-11-28
-8.8%
-24.3%
0.66ร
2025-12-05
-1.0%
1.5%
0.93ร
2025-12-12
1.1%
-3.0%
0.96ร
2025-12-19
9.5%
48.5%
1.09ร
2025-12-26
1.4%
36.9%
0.41ร
2026-01-02
1.7%
18.9%
0.63ร
2026-01-09
29.0%
42.1%
4.49ร
2026-01-16
27.2%
22.8%
2.09ร
2026-01-23
25.2%
1.6%
1.76ร
2026-01-30
26.9%
-1.0%
1.82ร
2026-02-06
13.2%
0.3%
3.00ร
2026-02-13
21.2%
2.3%
2.01ร
2026-02-20
19.9%
24.2%
1.00ร
2026-02-27
9.1%
8.5%
1.52ร
2026-03-06
-7.3%
-27.4%
1.37ร
2026-03-13
-9.6%
-25.6%
0.85ร
2026-03-20
-8.2%
-40.2%
0.86ร
2026-03-27
-14.8%
-43.3%
1.65ร
2026-04-03
-3.8%
-20.7%
0.76ร
2026-04-10
2.8%
-14.3%
1.11ร
2026-04-17
12.9%
6.5%
1.69ร
2026-04-24
39.4%
57.0%
1.12ร
2026-05-01
105.9%
81.4%
3.82ร
2026-05-08
100.6%
87.8%
2.65ร
2026-05-15
86.5%
77.5%
2.00ร
2026-05-22
80.3%
78.3%
2.03ร
2026-05-29
18.3%
45.1%
1.68ร
2026-06-05
2.0%
-11.7%
2.32ร
2026-06-12
7.9%
-1.9%
1.14ร
2026-06-19
16.5%
-15.3%
1.34ร
2026-06-26
10.3%
-21.8%
1.35ร
2026-07-03
16.0%
3.4%
0.97ร
2026-07-10
16.1%
-1.0%
1.01ร
2026-07-17
-18.0%
-27.7%
0.93ร
2026-07-24
-11.4%
-11.0%
0.96ร
2026-07-31
-15.7%
10.7%
2.48ร
2026-08-07
-21.4%
2.1%
1.40ร
2026-08-14
1.9%
42.6%
2.73ร
2026-08-21
-4.5%
42.3%
1.41ร
2026-08-28
-2.9%
34.1%
1.02ร
2026-09-04
0.0%
49.0%
0.93ร
2026-09-11
5.8%
22.1%
0.87ร
2026-09-18
5.3%
49.4%
1.18ร
2026-09-25
12.4%
64.6%
0.95ร
2026-10-02
9.5%
56.5%
0.59ร
2026-10-09
-7.2%
23.5%
0.92ร
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
55% 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: 19% of the way from the weekly low to high.
Volume-weighted return tilt
0.10 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
20.0 / 100
Price direction0.0 / 30
Closing pressure7.1 / 30
Up-week volume12.9 / 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
20
5.4%
31
0.2%
5.2 points
Advancing weeks
13 weeks
12
12.4%
16
4.8%
7.6 points
Declining weeks
4 weeks
18
-0.1%
33
1.2%
-1.3 points
Declining weeks
13 weeks
11
6.8%
18
7.3%
-0.5 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
2021-08-06
2021-09-03
-5.8%
High volume
2021-12-10
2022-01-07
2.6%
High volume
2022-03-18
2022-04-15
7.7%
High volume
2022-04-15
2022-05-13
21.2%
High volume
2022-11-04
2022-12-02
6.2%
High volume
2023-02-17
2023-03-17
-7.5%
High volume
2023-03-17
2023-04-14
2.7%
High volume
2023-05-26
2023-06-23
17.8%
High volume
2023-06-23
2023-07-21
-25.4%
High volume
2023-07-28
2023-08-25
-8.9%
High volume
2024-02-02
2024-03-01
13.8%
High volume
2025-01-31
2025-02-28
3.7%
High volume
2025-03-21
2025-04-18
-29.7%
High volume
2025-05-02
2025-05-30
15.5%
High volume
2025-08-01
2025-08-29
5.0%
High volume
2026-01-09
2026-02-06
13.2%
High volume
2026-02-06
2026-03-06
-7.3%
High volume
2026-04-17
2026-05-15
86.5%
High volume
2026-05-15
2026-06-12
7.9%
High volume
2026-08-14
2026-09-11
5.8%
Ordinary volume
2021-04-23
2021-05-21
-6.0%
Ordinary volume
2021-08-27
2021-09-24
1.4%
Ordinary volume
2021-10-29
2021-11-26
-2.8%
Ordinary volume
2022-02-18
2022-03-18
-6.6%
Ordinary volume
2022-05-27
2022-06-24
-9.7%
Ordinary volume
2022-07-15
2022-08-12
-3.6%
Ordinary volume
2022-08-12
2022-09-09
-10.5%
Ordinary volume
2022-11-11
2022-12-09
7.1%
Ordinary volume
2022-12-09
2023-01-06
-6.6%
Ordinary volume
2023-01-13
2023-02-10
0.8%
Ordinary volume
2023-03-24
2023-04-21
-2.6%
Ordinary volume
2023-09-01
2023-09-29
-5.9%
Ordinary volume
2023-10-06
2023-11-03
0.5%
Ordinary volume
2023-12-08
2024-01-05
10.4%
Ordinary volume
2024-01-19
2024-02-16
7.1%
Ordinary volume
2024-02-16
2024-03-15
5.9%
Ordinary volume
2024-04-05
2024-05-03
-8.0%
Ordinary volume
2024-05-03
2024-05-31
6.3%
Ordinary volume
2024-06-07
2024-07-05
0.2%
Ordinary volume
2024-08-16
2024-09-13
-6.6%
Ordinary volume
2024-12-06
2025-01-03
-3.2%
Ordinary volume
2025-05-09
2025-06-06
25.3%
Ordinary volume
2025-06-06
2025-07-04
11.5%
Ordinary volume
2025-09-12
2025-10-10
-3.3%
Ordinary volume
2025-10-17
2025-11-14
-7.3%
Ordinary volume
2025-12-05
2026-01-02
1.7%
Ordinary volume
2026-03-13
2026-04-10
2.8%
Ordinary volume
2026-04-10
2026-05-08
100.6%
Ordinary volume
2026-06-12
2026-07-10
16.1%
Ordinary volume
2026-07-10
2026-08-07
-21.4%
Ordinary volume
2026-09-04
2026-10-02
9.5%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-08-06
2021-11-05
-11.7%
High volume
2021-12-10
2022-03-11
-23.3%
High volume
2022-03-18
2022-06-17
19.5%
High volume
2022-11-04
2023-02-03
12.3%
High volume
2023-02-17
2023-05-19
-23.2%
High volume
2023-05-26
2023-08-25
-11.5%
High volume
2024-02-02
2024-05-03
16.6%
High volume
2025-01-31
2025-05-02
-1.1%
High volume
2025-05-02
2025-08-01
44.2%
High volume
2025-08-01
2025-10-31
29.2%
High volume
2026-01-09
2026-04-10
12.4%
High volume
2026-04-17
2026-07-17
89.2%
Ordinary volume
2021-04-23
2021-07-23
-8.7%
Ordinary volume
2021-08-27
2021-11-26
-6.2%
Ordinary volume
2022-02-18
2022-05-20
19.0%
Ordinary volume
2022-05-27
2022-08-26
-13.3%
Ordinary volume
2022-11-11
2023-02-10
6.0%
Ordinary volume
2023-03-24
2023-06-23
10.8%
Ordinary volume
2023-09-01
2023-12-01
8.9%
Ordinary volume
2023-12-08
2024-03-08
22.8%
Ordinary volume
2024-04-05
2024-07-05
3.5%
Ordinary volume
2024-08-16
2024-11-15
-19.1%
Ordinary volume
2024-12-06
2025-03-07
-6.6%
Ordinary volume
2025-05-09
2025-08-08
43.6%
Ordinary volume
2025-09-12
2025-12-12
-0.6%
Ordinary volume
2025-12-19
2026-03-20
40.0%
Ordinary volume
2026-03-20
2026-06-19
160.4%
Ordinary volume
2026-07-10
2026-10-09
-19.0%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-07
2021-06-04
-2.8%
High volume
2022-01-14
2022-02-11
-17.4%
High volume
2022-02-11
2022-03-11
-9.4%
High volume
2022-04-29
2022-05-27
19.8%
High volume
2023-02-10
2023-03-10
-3.8%
High volume
2023-05-12
2023-06-09
30.8%
High volume
2023-06-30
2023-07-28
-17.2%
High volume
2023-08-18
2023-09-15
-6.1%
High volume
2024-08-02
2024-08-30
2.6%
High volume
2025-02-07
2025-03-07
0.8%
High volume
2025-04-04
2025-05-02
30.1%
High volume
2025-10-10
2025-11-07
9.2%
High volume
2025-11-07
2025-12-05
-1.0%
High volume
2026-01-16
2026-02-13
21.2%
High volume
2026-02-27
2026-03-27
-14.8%
High volume
2026-03-27
2026-04-24
39.4%
High volume
2026-06-05
2026-07-03
16.0%
High volume
2026-07-31
2026-08-28
-2.9%
Ordinary volume
2021-05-14
2021-06-11
-1.4%
Ordinary volume
2021-08-13
2021-09-10
1.1%
Ordinary volume
2021-10-01
2021-10-29
4.2%
Ordinary volume
2021-11-05
2021-12-03
7.0%
Ordinary volume
2022-01-21
2022-02-18
-11.8%
Ordinary volume
2022-02-25
2022-03-25
-6.2%
Ordinary volume
2022-03-25
2022-04-22
11.2%
Ordinary volume
2022-06-17
2022-07-15
2.4%
Ordinary volume
2022-08-05
2022-09-02
-11.0%
Ordinary volume
2022-09-02
2022-09-30
-8.4%
Ordinary volume
2022-09-30
2022-10-28
-16.7%
Ordinary volume
2022-10-28
2022-11-25
12.8%
Ordinary volume
2023-03-03
2023-03-31
-2.2%
Ordinary volume
2023-07-14
2023-08-11
-8.1%
Ordinary volume
2023-08-25
2023-09-22
-4.6%
Ordinary volume
2023-10-20
2023-11-17
8.2%
Ordinary volume
2024-01-12
2024-02-09
6.6%
Ordinary volume
2024-03-08
2024-04-05
12.1%
Ordinary volume
2024-04-12
2024-05-10
1.9%
Ordinary volume
2024-06-21
2024-07-19
-8.9%
Ordinary volume
2024-07-26
2024-08-23
-7.8%
Ordinary volume
2024-09-20
2024-10-18
1.8%
Ordinary volume
2024-11-01
2024-11-29
1.5%
Ordinary volume
2024-11-29
2024-12-27
3.4%
Ordinary volume
2025-03-28
2025-04-25
-11.1%
Ordinary volume
2025-05-30
2025-06-27
23.8%
Ordinary volume
2025-07-18
2025-08-15
1.2%
Ordinary volume
2025-09-26
2025-10-24
9.4%
Ordinary volume
2025-11-14
2025-12-12
1.1%
Ordinary volume
2025-12-12
2026-01-09
29.0%
Ordinary volume
2026-02-20
2026-03-20
-8.2%
Ordinary volume
2026-07-03
2026-07-31
-15.7%
Ordinary volume
2026-08-28
2026-09-25
12.4%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-07
2021-08-06
17.8%
High volume
2022-01-14
2022-04-15
-16.5%
High volume
2022-04-29
2022-07-29
13.0%
High volume
2023-02-10
2023-05-12
-17.3%
High volume
2023-05-12
2023-08-11
6.8%
High volume
2023-08-18
2023-11-17
9.0%
High volume
2024-08-02
2024-11-01
-14.9%
High volume
2025-02-07
2025-05-09
3.3%
High volume
2025-10-10
2026-01-09
32.6%
High volume
2026-01-16
2026-04-17
24.2%
High volume
2026-06-05
2026-09-04
-1.0%
Ordinary volume
2021-05-14
2021-08-13
15.2%
Ordinary volume
2021-08-13
2021-11-12
-7.4%
Ordinary volume
2021-11-12
2022-02-11
10.1%
Ordinary volume
2022-02-25
2022-05-27
23.1%
Ordinary volume
2022-06-17
2022-09-16
-16.4%
Ordinary volume
2022-09-23
2022-12-23
-9.4%
Ordinary volume
2023-03-03
2023-06-02
-3.8%
Ordinary volume
2023-07-14
2023-10-13
-11.8%
Ordinary volume
2023-10-20
2024-01-19
18.0%
Ordinary volume
2024-01-26
2024-04-26
18.6%
Ordinary volume
2024-06-21
2024-09-20
-32.8%
Ordinary volume
2024-09-20
2024-12-20
-1.0%
Ordinary volume
2024-12-20
2025-03-21
4.5%
Ordinary volume
2025-03-28
2025-06-27
50.8%
Ordinary volume
2025-07-18
2025-10-17
29.3%
Ordinary volume
2025-11-14
2026-02-13
57.7%
Ordinary volume
2026-02-20
2026-05-22
105.2%
Ordinary volume
2026-07-03
2026-10-02
-6.6%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 263.90
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 price266.93
Earlier activity area79.31 โ 263.10
Recent volume balance23.5%
Recent weekly volume1.16ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
93.08
1821463
2025-10-24
98.01
1177768
2025-10-31
97.00
3149546
2025-11-07
92.65
2667681
2025-11-14
86.25
2090544
2025-11-21
80.59
2338389
2025-11-28
88.46
1104551
2025-12-05
91.69
1478276
2025-12-12
87.22
1491507
2025-12-19
88.25
1690831
2025-12-26
89.72
644933
2026-01-02
93.23
972981
2026-01-09
112.49
6942883
2026-01-16
112.24
3315030
2026-01-23
112.30
2895139
2026-01-30
118.26
3190900
2026-02-06
127.34
5261541
2026-02-13
136.00
3827597
2026-02-20
134.60
1999732
2026-02-27
128.96
3051387
2026-03-06
118.11
2806006
2026-03-13
123.01
1800490
2026-03-20
123.51
1832347
2026-03-27
109.83
3519846
2026-04-03
113.67
1709477
2026-04-10
126.45
2465515
2026-04-17
139.42
3747404
2026-04-24
153.14
2687543
2026-05-01
234.04
9793124
2026-05-08
253.59
6812063
2026-05-15
259.99
5162961
2026-05-22
276.14
5580085
2026-05-29
276.87
4782125
2026-06-05
258.70
6911802
2026-06-12
280.49
3554635
2026-06-19
321.66
4366701
2026-06-26
305.28
4614375
2026-07-03
300.15
3425628
2026-07-10
325.74
3564732
2026-07-17
263.83
3295662
2026-07-24
270.39
3403911
2026-07-31
253.13
8758709
2026-08-07
256.12
4979705
2026-08-14
268.90
9701336
2026-08-21
258.36
5018910
2026-08-28
245.81
3728571
2026-09-04
256.21
3490033
2026-09-11
284.48
3260278
2026-09-18
272.11
4426560
2026-09-25
276.23
3862693
2026-10-02
280.50
2431398
2026-10-09
263.90
3793638
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +34.30% against the earlier part of this period.
Price and volume
Disagreement
Price changed -7.23% over four weeks. Volume balance is +23.5% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.16ร 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
Price and recent volume balance currently disagree. Check whether they move in the same direction in later weeks.
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
19
5.56
Available
13 weeks
9
12.58
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.
Search markets
Search by ticker symbol or company name and select a result to open its chart.
Markets includedUnited States
Start typing to find a stock or ETF.
Market search
Choose countries
Choose one or more countries for market search, or include every covered market.
Currently searching United States
Sharemaestro
Send a message
Ask about our research, get help with the site, or send a correction.
Cookie preferences
Essential cookies keep Sharemaestro secure and working. Choose whether we may use optional persistent analytics and advertising technologies. Limited cookieless server measurement continues for aggregate traffic and security.