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 weeks2025-10-03 to 2026-09-25Weekly volume estimate
The relationship beneath price ยท 2026-09-25
Mixed evidence
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move0.9%11.9% over thirteen weeks
Latest relative volume0.69ร0.75ร recent four-week median
Closing pressure29.5%Volume-weighted position within weekly ranges
Up-week volume share64.8%35.2% 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
2025-10-03
2.8%
35.7%
2.39ร
2025-10-10
5.1%
42.5%
1.18ร
2025-10-17
4.6%
32.7%
0.88ร
2025-10-24
7.3%
44.2%
0.80ร
2025-10-31
1.7%
-14.4%
1.02ร
2025-11-07
-0.1%
-11.7%
1.14ร
2025-11-14
-0.3%
-18.7%
0.75ร
2025-11-21
-1.7%
-21.6%
1.14ร
2025-11-28
4.7%
9.4%
1.20ร
2025-12-05
6.6%
27.0%
1.03ร
2025-12-12
3.0%
7.7%
0.98ร
2025-12-19
2.8%
12.0%
1.10ร
2025-12-26
-1.2%
11.0%
0.61ร
2026-01-02
-2.4%
-15.0%
1.03ร
2026-01-09
3.0%
24.5%
1.16ร
2026-01-16
1.9%
16.9%
2.36ร
2026-01-23
2.4%
10.3%
0.84ร
2026-01-30
1.9%
9.7%
0.96ร
2026-02-06
-2.0%
-12.3%
1.38ร
2026-02-13
-1.1%
-17.3%
0.79ร
2026-02-20
-2.9%
-24.4%
0.83ร
2026-02-27
-0.5%
-8.9%
0.70ร
2026-03-06
-2.8%
-8.7%
0.95ร
2026-03-13
-6.1%
-40.6%
0.81ร
2026-03-20
-7.4%
-61.2%
1.00ร
2026-03-27
-7.7%
-76.9%
1.16ร
2026-04-03
-0.4%
-52.8%
0.95ร
2026-04-10
3.0%
-33.6%
0.67ร
2026-04-17
7.1%
-2.0%
0.70ร
2026-04-24
3.2%
12.4%
0.60ร
2026-05-01
-1.2%
-2.6%
0.91ร
2026-05-08
-0.6%
6.3%
0.65ร
2026-05-15
-4.6%
-35.7%
0.92ร
2026-05-22
1.4%
-2.2%
0.68ร
2026-05-29
5.2%
20.9%
0.77ร
2026-06-05
1.9%
-9.0%
0.95ร
2026-06-12
4.2%
41.9%
0.62ร
2026-06-19
2.7%
24.8%
0.68ร
2026-06-26
3.0%
24.6%
1.06ร
2026-07-03
9.7%
69.4%
0.71ร
2026-07-10
6.5%
33.1%
0.71ร
2026-07-17
5.0%
44.0%
1.04ร
2026-07-24
1.2%
32.8%
0.46ร
2026-07-31
-1.4%
9.5%
0.54ร
2026-08-07
3.9%
49.1%
0.69ร
2026-08-14
5.1%
41.6%
0.61ร
2026-08-21
11.3%
47.1%
1.11ร
2026-08-28
8.4%
36.8%
0.84ร
2026-09-04
6.3%
35.4%
0.78ร
2026-09-11
2.5%
13.8%
0.75ร
2026-09-18
-2.5%
7.9%
0.89ร
2026-09-25
0.9%
29.5%
0.69ร
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
12% 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: 75% of the way from the weekly low to high.
Volume-weighted return tilt
0.11 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 pressure8.9 / 30
Up-week volume16.2 / 25
Volume confirmation7.5 / 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
14
-0.8%
36
0.3%
-1.1 points
Advancing weeks
13 weeks
9
2.1%
14
0.7%
1.4 points
Declining weeks
4 weeks
15
1.4%
30
0.2%
1.2 points
Declining weeks
13 weeks
10
5.3%
15
2.5%
2.8 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
2021-12-17
2022-01-14
-6.2%
High volume
2022-01-28
2022-02-25
-1.8%
High volume
2022-02-25
2022-03-25
-1.8%
High volume
2022-05-20
2022-06-17
-2.9%
High volume
2022-12-23
2023-01-20
6.5%
High volume
2023-03-31
2023-04-28
-1.9%
High volume
2023-09-29
2023-10-27
-7.4%
High volume
2023-11-03
2023-12-01
3.0%
High volume
2023-12-01
2023-12-29
4.8%
High volume
2024-07-19
2024-08-16
0.2%
High volume
2024-12-06
2025-01-03
-4.0%
High volume
2025-01-03
2025-01-31
11.2%
High volume
2025-04-11
2025-05-09
2.7%
High volume
2025-09-19
2025-10-17
4.6%
Ordinary volume
2021-04-30
2021-05-28
3.4%
Ordinary volume
2021-05-28
2021-06-25
3.0%
Ordinary volume
2021-09-03
2021-10-01
-7.1%
Ordinary volume
2021-10-08
2021-11-05
0.3%
Ordinary volume
2021-11-05
2021-12-03
-16.2%
Ordinary volume
2022-06-03
2022-07-01
-0.1%
Ordinary volume
2022-07-01
2022-07-29
2.1%
Ordinary volume
2022-07-29
2022-08-26
-2.7%
Ordinary volume
2022-09-09
2022-10-07
-9.8%
Ordinary volume
2022-10-07
2022-11-04
1.8%
Ordinary volume
2022-11-11
2022-12-09
1.0%
Ordinary volume
2023-01-13
2023-02-10
0.6%
Ordinary volume
2023-02-17
2023-03-17
-5.6%
Ordinary volume
2023-06-16
2023-07-14
0.6%
Ordinary volume
2023-07-14
2023-08-11
-0.9%
Ordinary volume
2023-08-25
2023-09-22
-7.7%
Ordinary volume
2024-01-05
2024-02-02
5.9%
Ordinary volume
2024-02-02
2024-03-01
6.9%
Ordinary volume
2024-03-01
2024-03-29
-0.2%
Ordinary volume
2024-06-28
2024-07-26
3.2%
Ordinary volume
2024-08-02
2024-08-30
2.7%
Ordinary volume
2024-08-30
2024-09-27
-0.8%
Ordinary volume
2024-10-04
2024-11-01
0.5%
Ordinary volume
2024-11-01
2024-11-29
0.3%
Ordinary volume
2025-02-21
2025-03-21
-3.6%
Ordinary volume
2025-06-06
2025-07-04
-1.2%
Ordinary volume
2025-08-01
2025-08-29
2.7%
Ordinary volume
2025-10-17
2025-11-14
-0.3%
Ordinary volume
2025-11-14
2025-12-12
3.0%
Ordinary volume
2025-12-19
2026-01-16
1.9%
Ordinary volume
2026-01-23
2026-02-20
-2.9%
Ordinary volume
2026-02-20
2026-03-20
-7.4%
Ordinary volume
2026-04-03
2026-05-01
-1.2%
Ordinary volume
2026-05-29
2026-06-26
3.0%
Ordinary volume
2026-06-26
2026-07-24
1.2%
Ordinary volume
2026-08-21
2026-09-18
-2.5%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-17
2022-03-18
-16.1%
High volume
2022-03-18
2022-06-17
-20.3%
High volume
2022-12-23
2023-03-24
1.0%
High volume
2023-03-31
2023-06-30
0.9%
High volume
2023-09-29
2023-12-29
3.7%
High volume
2024-07-19
2024-10-18
3.4%
High volume
2024-12-06
2025-03-07
2.1%
High volume
2025-04-11
2025-07-11
7.2%
High volume
2025-09-19
2025-12-19
7.7%
Ordinary volume
2021-04-30
2021-07-30
4.7%
Ordinary volume
2021-09-03
2021-12-03
-21.0%
Ordinary volume
2022-06-03
2022-09-02
-0.9%
Ordinary volume
2022-09-09
2022-12-09
-3.6%
Ordinary volume
2023-01-13
2023-04-14
5.0%
Ordinary volume
2023-06-16
2023-09-15
-9.8%
Ordinary volume
2024-01-05
2024-04-05
9.1%
Ordinary volume
2024-06-28
2024-09-27
6.1%
Ordinary volume
2024-10-04
2025-01-03
-2.3%
Ordinary volume
2025-02-21
2025-05-23
-6.6%
Ordinary volume
2025-06-06
2025-09-05
2.3%
Ordinary volume
2025-10-17
2026-01-16
5.0%
Ordinary volume
2026-01-23
2026-04-24
-7.3%
Ordinary volume
2026-05-29
2026-08-28
14.3%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-03
2021-12-31
10.5%
High volume
2022-01-07
2022-02-04
-7.3%
High volume
2022-02-11
2022-03-11
-10.2%
High volume
2022-03-11
2022-04-08
9.6%
High volume
2022-05-13
2022-06-10
5.8%
High volume
2022-06-17
2022-07-15
7.5%
High volume
2022-12-09
2023-01-06
2.0%
High volume
2023-09-15
2023-10-13
-0.8%
High volume
2023-10-20
2023-11-17
-0.4%
High volume
2023-12-29
2024-01-26
5.1%
High volume
2024-11-15
2024-12-13
1.4%
High volume
2024-12-13
2025-01-10
0.3%
High volume
2025-04-04
2025-05-02
8.7%
High volume
2025-07-18
2025-08-15
0.6%
High volume
2026-01-16
2026-02-13
-1.1%
Ordinary volume
2021-05-07
2021-06-04
6.5%
Ordinary volume
2021-08-27
2021-09-24
-2.5%
Ordinary volume
2021-09-24
2021-10-22
-0.7%
Ordinary volume
2021-11-12
2021-12-10
-15.3%
Ordinary volume
2022-04-08
2022-05-06
-15.2%
Ordinary volume
2022-06-10
2022-07-08
5.0%
Ordinary volume
2022-07-15
2022-08-12
7.0%
Ordinary volume
2022-08-12
2022-09-09
-2.6%
Ordinary volume
2022-09-16
2022-10-14
-6.4%
Ordinary volume
2022-10-14
2022-11-11
7.1%
Ordinary volume
2023-03-10
2023-04-07
8.5%
Ordinary volume
2023-07-28
2023-08-25
-4.1%
Ordinary volume
2023-09-08
2023-10-06
-6.8%
Ordinary volume
2024-04-05
2024-05-03
-4.0%
Ordinary volume
2024-07-26
2024-08-23
2.6%
Ordinary volume
2024-09-06
2024-10-04
1.9%
Ordinary volume
2024-10-25
2024-11-22
-0.7%
Ordinary volume
2025-03-14
2025-04-11
-7.7%
Ordinary volume
2025-07-11
2025-08-08
-3.6%
Ordinary volume
2025-08-08
2025-09-05
7.7%
Ordinary volume
2025-09-26
2025-10-24
7.3%
Ordinary volume
2025-10-31
2025-11-28
4.7%
Ordinary volume
2025-12-05
2026-01-02
-2.4%
Ordinary volume
2026-01-02
2026-01-30
1.9%
Ordinary volume
2026-01-30
2026-02-27
-0.5%
Ordinary volume
2026-03-06
2026-04-03
-0.4%
Ordinary volume
2026-05-01
2026-05-29
5.2%
Ordinary volume
2026-06-05
2026-07-03
9.7%
Ordinary volume
2026-07-17
2026-08-14
5.1%
Ordinary volume
2026-08-28
2026-09-25
0.9%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-03
2022-03-04
-14.1%
High volume
2022-03-04
2022-06-03
-10.6%
High volume
2022-06-17
2022-09-16
6.7%
High volume
2022-12-09
2023-03-10
0.0%
High volume
2023-09-15
2023-12-15
3.8%
High volume
2023-12-29
2024-03-29
13.8%
High volume
2024-11-15
2025-02-14
7.3%
High volume
2025-04-04
2025-07-04
10.1%
High volume
2025-07-18
2025-10-17
7.9%
High volume
2026-01-16
2026-04-17
-1.9%
Ordinary volume
2021-05-07
2021-08-06
12.0%
Ordinary volume
2021-08-27
2021-11-26
-11.0%
Ordinary volume
2022-04-08
2022-07-08
-13.2%
Ordinary volume
2022-07-15
2022-10-14
-7.1%
Ordinary volume
2022-10-14
2023-01-13
12.8%
Ordinary volume
2023-03-10
2023-06-09
8.1%
Ordinary volume
2023-07-28
2023-10-27
-16.5%
Ordinary volume
2024-04-05
2024-07-05
-1.6%
Ordinary volume
2024-07-26
2024-10-25
2.5%
Ordinary volume
2024-10-25
2025-01-24
9.2%
Ordinary volume
2025-03-14
2025-06-13
-1.1%
Ordinary volume
2025-07-11
2025-10-10
6.2%
Ordinary volume
2025-10-10
2026-01-09
7.0%
Ordinary volume
2026-01-30
2026-05-01
-5.3%
Ordinary volume
2026-05-01
2026-07-31
10.9%
Price, activity and volume balance
Where volume is concentrated
2026-09-25Close 16.81
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 price14.55
Earlier activity area13.67 โ 14.82
Recent volume balance29.5%
Recent weekly volume0.60ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-03
13.89
2686341
2025-10-10
13.82
1323404
2025-10-17
13.99
987185
2025-10-24
14.26
885108
2025-10-31
14.13
1130399
2025-11-07
13.81
1283402
2025-11-14
13.94
851478
2025-11-21
14.01
1281200
2025-11-28
14.79
1433048
2025-12-05
14.72
1315156
2025-12-12
14.36
1242659
2025-12-19
14.40
1392821
2025-12-26
14.61
777466
2026-01-02
14.36
1321473
2026-01-09
14.78
1487256
2026-01-16
14.68
3021301
2026-01-23
14.96
1079805
2026-01-30
14.64
1230304
2026-02-06
14.49
1769168
2026-02-13
14.52
1009686
2026-02-20
14.53
1069931
2026-02-27
14.57
898231
2026-03-06
14.09
1212256
2026-03-13
13.63
1041062
2026-03-20
13.45
1259680
2026-03-27
13.45
1447747
2026-04-03
14.03
1184075
2026-04-10
14.04
822348
2026-04-17
14.41
854931
2026-04-24
13.87
738135
2026-05-01
13.86
1113501
2026-05-08
13.96
789472
2026-05-15
13.75
1105398
2026-05-22
14.07
817394
2026-05-29
14.58
884198
2026-06-05
14.22
1052674
2026-06-12
14.33
680629
2026-06-19
14.45
729457
2026-06-26
15.02
1129534
2026-07-03
15.60
766858
2026-07-10
15.26
753794
2026-07-17
15.17
1091894
2026-07-24
15.21
476558
2026-07-31
15.37
557512
2026-08-07
15.86
661531
2026-08-14
15.94
543696
2026-08-21
16.92
965834
2026-08-28
16.67
733493
2026-09-04
16.85
651253
2026-09-11
16.34
614027
2026-09-18
16.50
716254
2026-09-25
16.81
536060
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +14.86% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +0.87% over four weeks. Volume balance is +29.5% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is below its earlier norm
Recent median weekly volume is 0.60ร 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
18
0.06
Available
13 weeks
9
2.28
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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