The latest close is below the activity area established before the last four weeks. 2 of those four closes were below 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
Heavy volume, limited progress
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-45.1%-70.9% over thirteen weeks
Latest relative volume1.85ร1.92ร recent four-week median
Closing pressure-49.8%Volume-weighted position within weekly ranges
Up-week volume share41.3%58.7% 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
38.8%
46.8%
1.01ร
2025-10-24
38.4%
54.8%
0.61ร
2025-10-31
17.0%
15.2%
0.74ร
2025-11-07
8.5%
-3.0%
1.52ร
2025-11-14
-6.8%
-13.6%
1.12ร
2025-11-21
-5.7%
3.1%
1.61ร
2025-11-28
-3.7%
8.7%
0.49ร
2025-12-05
-6.8%
17.2%
0.59ร
2025-12-12
-8.9%
9.3%
0.78ร
2025-12-19
-18.5%
-59.2%
0.96ร
2025-12-26
-24.4%
-47.2%
0.98ร
2026-01-02
-21.6%
-47.8%
0.88ร
2026-01-09
-4.0%
-25.7%
1.18ร
2026-01-16
-35.1%
-49.5%
2.14ร
2026-01-23
-1.5%
-7.9%
2.69ร
2026-01-30
-3.5%
-19.4%
1.93ร
2026-02-06
-19.2%
-34.5%
1.56ร
2026-02-13
-5.0%
-26.3%
1.53ร
2026-02-20
-16.4%
-26.6%
2.56ร
2026-02-27
19.1%
27.4%
3.69ร
2026-03-06
26.0%
39.6%
1.30ร
2026-03-13
52.1%
52.9%
0.88ร
2026-03-20
42.2%
49.1%
0.83ร
2026-03-27
9.2%
6.2%
1.09ร
2026-04-03
9.2%
1.0%
0.84ร
2026-04-10
-5.0%
-12.3%
1.23ร
2026-04-17
-15.3%
-39.6%
1.34ร
2026-04-24
-13.4%
-28.9%
1.27ร
2026-05-01
-11.5%
-8.2%
0.84ร
2026-05-08
-4.5%
-7.8%
0.73ร
2026-05-15
-18.6%
1.0%
3.29ร
2026-05-22
-20.9%
-0.8%
1.24ร
2026-05-29
-30.0%
-22.4%
0.64ร
2026-06-05
-21.2%
-24.8%
1.05ร
2026-06-12
-16.0%
-37.7%
1.36ร
2026-06-19
-19.0%
-52.1%
0.53ร
2026-06-26
5.0%
1.6%
1.51ร
2026-07-03
4.1%
22.9%
0.87ร
2026-07-10
8.0%
35.4%
0.81ร
2026-07-17
-0.8%
8.2%
1.06ร
2026-07-24
-19.1%
-41.2%
0.80ร
2026-07-31
-7.6%
-42.0%
0.67ร
2026-08-07
-56.0%
-87.1%
11.60ร
2026-08-14
-37.3%
-30.4%
7.33ร
2026-08-21
-40.1%
-29.1%
2.79ร
2026-08-28
-43.0%
-36.0%
3.40ร
2026-09-04
27.6%
17.4%
2.62ร
2026-09-11
-6.5%
-20.7%
1.90ร
2026-09-18
7.0%
-5.4%
1.79ร
2026-09-25
-8.5%
13.9%
1.70ร
2026-10-02
-49.2%
-42.7%
4.87ร
2026-10-09
-45.1%
-49.8%
1.85ร
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
77% 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: 29% of the way from the weekly low to high.
Volume-weighted return tilt
-9.15 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
10.3 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume10.3 / 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
23
-6.1%
24
2.0%
-8.1 points
Advancing weeks
13 weeks
12
-3.8%
13
-18.5%
14.7 points
Declining weeks
4 weeks
24
-0.9%
25
-5.0%
4.1 points
Declining weeks
13 weeks
13
-6.3%
13
8.2%
-14.6 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
2022-04-01
2022-04-29
-1.0%
High volume
2022-04-29
2022-05-27
-3.1%
High volume
2022-06-24
2022-07-22
3.0%
High volume
2023-02-03
2023-03-03
-44.9%
High volume
2023-03-17
2023-04-14
-6.1%
High volume
2023-04-28
2023-05-26
13.8%
High volume
2023-06-09
2023-07-07
-7.8%
High volume
2023-10-27
2023-11-24
52.2%
High volume
2023-12-01
2023-12-29
43.4%
High volume
2023-12-29
2024-01-26
-13.4%
High volume
2024-01-26
2024-02-23
-18.4%
High volume
2024-05-17
2024-06-14
23.0%
High volume
2024-06-14
2024-07-12
-4.7%
High volume
2024-08-09
2024-09-06
-1.4%
High volume
2024-10-18
2024-11-15
46.6%
High volume
2025-01-17
2025-02-14
-14.4%
High volume
2025-05-02
2025-05-30
-16.5%
High volume
2025-07-18
2025-08-15
-12.1%
High volume
2025-11-21
2025-12-19
-18.5%
High volume
2026-01-23
2026-02-20
-16.4%
High volume
2026-02-20
2026-03-20
42.2%
High volume
2026-06-26
2026-07-24
-19.1%
High volume
2026-08-14
2026-09-11
-6.5%
Ordinary volume
2022-02-04
2022-03-04
1.1%
Ordinary volume
2022-05-27
2022-06-24
16.2%
Ordinary volume
2022-07-29
2022-08-26
-14.4%
Ordinary volume
2022-10-07
2022-11-04
24.1%
Ordinary volume
2022-11-04
2022-12-02
18.0%
Ordinary volume
2022-12-16
2023-01-13
2.6%
Ordinary volume
2023-04-14
2023-05-12
32.4%
Ordinary volume
2023-05-19
2023-06-16
11.6%
Ordinary volume
2023-06-30
2023-07-28
15.0%
Ordinary volume
2023-07-28
2023-08-25
-2.5%
Ordinary volume
2023-10-20
2023-11-17
37.1%
Ordinary volume
2023-11-17
2023-12-15
37.2%
Ordinary volume
2024-03-08
2024-04-05
-17.6%
Ordinary volume
2024-07-05
2024-08-02
-33.5%
Ordinary volume
2024-08-23
2024-09-20
4.4%
Ordinary volume
2024-09-20
2024-10-18
4.2%
Ordinary volume
2024-11-22
2024-12-20
-18.5%
Ordinary volume
2025-01-24
2025-02-21
-22.1%
Ordinary volume
2025-03-21
2025-04-18
-50.0%
Ordinary volume
2025-04-18
2025-05-16
1.4%
Ordinary volume
2025-10-03
2025-10-31
17.0%
Ordinary volume
2026-01-09
2026-02-06
-19.2%
Ordinary volume
2026-03-20
2026-04-17
-15.3%
Ordinary volume
2026-05-01
2026-05-29
-30.0%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-04-01
2022-07-01
-2.7%
High volume
2023-02-03
2023-05-05
-35.0%
High volume
2023-06-09
2023-09-08
5.8%
High volume
2023-10-27
2024-01-26
107.1%
High volume
2024-01-26
2024-04-26
-46.1%
High volume
2024-05-17
2024-08-16
-2.7%
High volume
2024-08-30
2024-11-29
55.4%
High volume
2025-01-17
2025-04-18
-64.5%
High volume
2025-05-02
2025-08-01
-4.9%
High volume
2025-11-21
2026-02-20
-38.0%
High volume
2026-02-20
2026-05-22
0.0%
High volume
2026-06-26
2026-09-25
-53.9%
Ordinary volume
2022-02-04
2022-05-06
-31.8%
Ordinary volume
2022-05-27
2022-08-26
25.2%
Ordinary volume
2022-10-07
2023-01-06
67.0%
Ordinary volume
2023-04-14
2023-07-14
72.6%
Ordinary volume
2023-07-14
2023-10-13
-27.2%
Ordinary volume
2023-10-20
2024-01-19
105.5%
Ordinary volume
2024-03-08
2024-06-07
-55.1%
Ordinary volume
2024-07-05
2024-10-04
-29.0%
Ordinary volume
2024-11-22
2025-02-21
-6.7%
Ordinary volume
2025-03-21
2025-06-20
-53.1%
Ordinary volume
2025-10-03
2026-01-02
-18.5%
Ordinary volume
2026-01-09
2026-04-10
-11.8%
Ordinary volume
2026-05-01
2026-07-31
-35.1%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-03-18
2022-04-15
-19.0%
High volume
2022-04-22
2022-05-20
8.3%
High volume
2022-06-17
2022-07-15
20.6%
High volume
2023-01-06
2023-02-03
17.8%
High volume
2023-02-10
2023-03-10
-46.0%
High volume
2023-03-10
2023-04-07
-3.0%
High volume
2023-04-07
2023-05-05
40.6%
High volume
2023-06-23
2023-07-21
18.1%
High volume
2023-10-13
2023-11-10
45.8%
High volume
2024-01-12
2024-02-09
-12.1%
High volume
2024-03-01
2024-03-29
-12.4%
High volume
2024-05-03
2024-05-31
-24.6%
High volume
2024-05-31
2024-06-28
72.5%
High volume
2024-07-12
2024-08-09
-12.1%
High volume
2025-03-07
2025-04-04
1.3%
High volume
2025-04-11
2025-05-09
-23.4%
High volume
2025-05-09
2025-06-06
37.5%
High volume
2025-08-08
2025-09-05
8.0%
High volume
2025-11-07
2025-12-05
-6.8%
High volume
2026-01-16
2026-02-13
-5.0%
High volume
2026-02-13
2026-03-13
52.1%
High volume
2026-05-15
2026-06-12
-16.0%
High volume
2026-08-07
2026-09-04
27.6%
High volume
2026-09-11
2026-10-09
-45.1%
Ordinary volume
2022-01-14
2022-02-11
-13.8%
Ordinary volume
2022-02-18
2022-03-18
-25.1%
Ordinary volume
2022-04-08
2022-05-06
-5.5%
Ordinary volume
2022-05-13
2022-06-10
27.2%
Ordinary volume
2022-10-14
2022-11-11
38.1%
Ordinary volume
2022-12-09
2023-01-06
19.4%
Ordinary volume
2023-01-20
2023-02-17
15.2%
Ordinary volume
2023-11-10
2023-12-08
42.0%
Ordinary volume
2024-02-09
2024-03-08
-12.0%
Ordinary volume
2024-03-15
2024-04-12
-17.2%
Ordinary volume
2024-04-19
2024-05-17
-44.4%
Ordinary volume
2024-09-13
2024-10-11
-4.7%
Ordinary volume
2024-11-15
2024-12-13
-7.8%
Ordinary volume
2025-01-31
2025-02-28
-18.9%
Ordinary volume
2025-02-28
2025-03-28
-3.6%
Ordinary volume
2025-04-04
2025-05-02
-32.2%
Ordinary volume
2025-05-30
2025-06-27
-12.3%
Ordinary volume
2025-08-01
2025-08-29
3.8%
Ordinary volume
2025-09-19
2025-10-17
38.8%
Ordinary volume
2025-11-14
2025-12-12
-8.9%
Ordinary volume
2025-12-12
2026-01-09
-4.0%
Ordinary volume
2026-03-13
2026-04-10
-5.0%
Ordinary volume
2026-04-10
2026-05-08
-4.5%
Ordinary volume
2026-06-05
2026-07-03
4.1%
Ordinary volume
2026-07-03
2026-07-31
-7.6%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-03-18
2022-06-17
-6.3%
High volume
2022-06-17
2022-09-16
35.8%
High volume
2023-01-06
2023-04-07
-45.5%
High volume
2023-04-07
2023-07-07
52.2%
High volume
2023-10-13
2024-01-12
137.5%
High volume
2024-01-12
2024-04-12
-37.8%
High volume
2024-05-03
2024-08-02
-10.7%
High volume
2024-08-02
2024-11-01
62.8%
High volume
2025-03-07
2025-06-06
-43.3%
High volume
2025-08-08
2025-11-07
34.1%
High volume
2025-11-07
2026-02-06
-32.5%
High volume
2026-02-06
2026-05-08
4.3%
High volume
2026-05-15
2026-08-14
-48.6%
Ordinary volume
2022-01-14
2022-04-15
-48.7%
Ordinary volume
2022-05-13
2022-08-12
73.9%
Ordinary volume
2022-10-14
2023-01-13
77.5%
Ordinary volume
2023-01-20
2023-04-21
-36.0%
Ordinary volume
2023-11-10
2024-02-09
43.3%
Ordinary volume
2024-02-09
2024-05-10
-70.2%
Ordinary volume
2024-09-13
2024-12-13
63.4%
Ordinary volume
2025-01-31
2025-05-02
-50.3%
Ordinary volume
2025-05-30
2025-08-29
18.3%
Ordinary volume
2025-09-19
2025-12-19
12.0%
Ordinary volume
2025-12-19
2026-03-20
8.2%
Ordinary volume
2026-04-10
2026-07-10
-24.1%
Ordinary volume
2026-07-10
2026-10-09
-70.9%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 1.58
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 price3.00
Earlier activity area2.20 โ 7.13
Recent volume balance-49.8%
Recent weekly volume2.05ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
9.95
1235668
2025-10-24
10.45
756253
2025-10-31
10.19
888119
2025-11-07
9.71
1711665
2025-11-14
9.27
1265345
2025-11-21
9.85
1812776
2025-11-28
9.81
553102
2025-12-05
9.05
661538
2025-12-12
8.45
772717
2025-12-19
8.03
852823
2025-12-26
7.42
871413
2026-01-02
7.10
770056
2026-01-09
8.11
1041792
2026-01-16
5.21
2060993
2026-01-23
7.31
2594258
2026-01-30
6.85
1862318
2026-02-06
6.55
1502050
2026-02-13
4.95
1473393
2026-02-20
6.11
2471238
2026-02-27
8.16
3559842
2026-03-06
8.25
1382534
2026-03-13
7.53
1018090
2026-03-20
8.69
963749
2026-03-27
8.91
1164693
2026-04-03
9.01
943812
2026-04-10
7.16
1359261
2026-04-17
7.36
1606855
2026-04-24
7.72
1543582
2026-05-01
7.97
1096213
2026-05-08
6.83
954797
2026-05-15
5.99
4002766
2026-05-22
6.11
1561170
2026-05-29
5.58
808834
2026-06-05
5.38
1330295
2026-06-12
5.03
1828588
2026-06-19
4.95
725927
2026-06-26
5.86
2075781
2026-07-03
5.60
1240320
2026-07-10
5.43
1153067
2026-07-17
4.91
1516070
2026-07-24
4.74
1146219
2026-07-31
5.18
919798
2026-08-07
2.39
15599474
2026-08-14
3.08
9860507
2026-08-21
2.84
3751260
2026-08-28
2.95
4575052
2026-09-04
3.05
3519109
2026-09-11
2.88
2550861
2026-09-18
3.04
2570941
2026-09-25
2.70
2593907
2026-10-02
1.55
7553686
2026-10-09
1.58
2930553
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -59.27% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -45.14% over four weeks. Volume balance is -49.8% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 2.05ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
2 of 4 closes below
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 below 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
9
5.02
Available
13 weeks
4
โ
Too few examples
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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