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
Mixed evidence
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move2.5%-14.8% over thirteen weeks
Latest relative volume1.42ร1.15ร recent four-week median
Closing pressure57.6%Volume-weighted position within weekly ranges
Up-week volume share54.0%46.0% 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
-0.3%
-11.2%
0.81ร
2025-10-24
12.5%
23.6%
0.81ร
2025-10-31
2.1%
-25.0%
1.38ร
2025-11-07
-10.2%
-42.5%
2.70ร
2025-11-14
-19.6%
-51.6%
1.90ร
2025-11-21
-24.6%
-19.3%
3.03ร
2025-11-28
-15.7%
-3.8%
0.97ร
2025-12-05
2.8%
35.5%
1.29ร
2025-12-12
15.6%
55.8%
1.52ร
2025-12-19
11.7%
17.4%
1.41ร
2025-12-26
8.8%
9.1%
0.58ร
2026-01-02
6.1%
6.8%
0.67ร
2026-01-09
9.3%
29.0%
1.52ร
2026-01-16
14.7%
57.6%
0.79ร
2026-01-23
11.6%
52.3%
0.91ร
2026-01-30
6.0%
29.4%
0.83ร
2026-02-06
3.7%
18.8%
0.90ร
2026-02-13
0.1%
9.8%
0.83ร
2026-02-20
3.3%
16.0%
0.80ร
2026-02-27
3.9%
42.8%
2.06ร
2026-03-06
-0.6%
24.9%
1.29ร
2026-03-13
-7.5%
11.8%
0.90ร
2026-03-20
-17.0%
-17.2%
1.36ร
2026-03-27
-11.3%
-44.3%
1.15ร
2026-04-03
-10.1%
-52.9%
0.72ร
2026-04-10
7.4%
-20.2%
0.66ร
2026-04-17
18.8%
22.6%
0.63ร
2026-04-24
8.8%
9.2%
0.84ร
2026-05-01
11.5%
32.5%
1.23ร
2026-05-08
9.4%
31.2%
0.78ร
2026-05-15
4.1%
4.9%
0.96ร
2026-05-22
12.3%
41.5%
0.74ร
2026-05-29
11.0%
35.9%
0.60ร
2026-06-05
8.8%
31.3%
1.30ร
2026-06-12
17.5%
57.6%
1.16ร
2026-06-19
14.9%
40.0%
0.93ร
2026-06-26
18.4%
52.4%
1.47ร
2026-07-03
8.3%
34.9%
0.67ร
2026-07-10
2.3%
25.0%
0.78ร
2026-07-17
4.9%
31.7%
0.84ร
2026-07-24
-1.1%
3.8%
0.92ร
2026-07-31
1.0%
12.6%
0.68ร
2026-08-07
-14.0%
-19.8%
2.77ร
2026-08-14
-13.4%
-2.2%
1.35ร
2026-08-21
-22.1%
-20.3%
1.12ร
2026-08-28
-21.7%
-23.1%
0.86ร
2026-09-04
0.1%
25.0%
1.59ร
2026-09-11
-6.6%
-6.8%
0.87ร
2026-09-18
3.1%
23.9%
1.41ร
2026-09-25
5.1%
43.0%
0.91ร
2026-10-02
-2.5%
34.7%
0.88ร
2026-10-09
2.5%
57.6%
1.42ร
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
88% 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: 83% of the way from the weekly low to high.
Volume-weighted return tilt
-1.22 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
57.2 / 100
Price direction15.0 / 30
Closing pressure17.3 / 30
Up-week volume13.5 / 25
Volume confirmation11.5 / 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
20
-1.2%
45
-0.5%
-0.7 points
Advancing weeks
13 weeks
11
-2.8%
18
-3.3%
0.6 points
Declining weeks
4 weeks
20
2.6%
32
0.7%
1.9 points
Declining weeks
13 weeks
13
5.1%
15
-0.4%
5.5 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
2021-06-25
2021-07-23
-11.5%
High volume
2021-09-17
2021-10-15
3.4%
High volume
2021-12-24
2022-01-21
-5.6%
High volume
2022-02-18
2022-03-18
-1.6%
High volume
2023-03-31
2023-04-28
2.1%
High volume
2023-04-28
2023-05-26
-4.8%
High volume
2023-06-02
2023-06-30
3.1%
High volume
2023-12-15
2024-01-12
-3.7%
High volume
2024-04-12
2024-05-10
-0.8%
High volume
2024-08-09
2024-09-06
-4.7%
High volume
2024-09-20
2024-10-18
-14.4%
High volume
2024-10-18
2024-11-15
7.5%
High volume
2024-11-22
2024-12-20
-3.9%
High volume
2025-03-14
2025-04-11
-11.6%
High volume
2025-06-20
2025-07-18
2.7%
High volume
2025-08-08
2025-09-05
2.7%
High volume
2025-10-03
2025-10-31
2.1%
High volume
2025-11-21
2025-12-19
11.7%
High volume
2026-01-09
2026-02-06
3.7%
High volume
2026-09-04
2026-10-02
-2.5%
Ordinary volume
2021-04-30
2021-05-28
0.1%
Ordinary volume
2021-05-28
2021-06-25
3.5%
Ordinary volume
2021-07-30
2021-08-27
-7.8%
Ordinary volume
2021-09-24
2021-10-22
3.6%
Ordinary volume
2021-11-05
2021-12-03
-6.2%
Ordinary volume
2021-12-10
2022-01-07
2.8%
Ordinary volume
2022-01-07
2022-02-04
-5.1%
Ordinary volume
2022-02-11
2022-03-11
-4.3%
Ordinary volume
2022-03-18
2022-04-15
-6.0%
Ordinary volume
2022-04-15
2022-05-13
0.0%
Ordinary volume
2022-05-20
2022-06-17
-6.4%
Ordinary volume
2022-07-01
2022-07-29
13.9%
Ordinary volume
2022-07-29
2022-08-26
-0.5%
Ordinary volume
2022-09-30
2022-10-28
15.1%
Ordinary volume
2022-10-28
2022-11-25
13.2%
Ordinary volume
2022-12-02
2022-12-30
-5.2%
Ordinary volume
2023-01-13
2023-02-10
-0.6%
Ordinary volume
2023-04-14
2023-05-12
0.7%
Ordinary volume
2023-06-30
2023-07-28
2.0%
Ordinary volume
2023-08-04
2023-09-01
-1.9%
Ordinary volume
2023-09-22
2023-10-20
-2.9%
Ordinary volume
2023-11-03
2023-12-01
1.5%
Ordinary volume
2023-12-01
2023-12-29
11.1%
Ordinary volume
2024-01-26
2024-02-23
2.2%
Ordinary volume
2024-03-01
2024-03-29
-0.1%
Ordinary volume
2024-03-29
2024-04-26
-6.2%
Ordinary volume
2024-05-10
2024-06-07
-4.7%
Ordinary volume
2024-06-21
2024-07-19
4.4%
Ordinary volume
2024-07-19
2024-08-16
0.0%
Ordinary volume
2024-08-23
2024-09-20
-4.6%
Ordinary volume
2024-09-27
2024-10-25
-18.4%
Ordinary volume
2024-12-13
2025-01-10
-4.2%
Ordinary volume
2025-01-17
2025-02-14
-0.5%
Ordinary volume
2025-04-25
2025-05-23
-0.9%
Ordinary volume
2025-05-30
2025-06-27
5.6%
Ordinary volume
2025-07-04
2025-08-01
-22.6%
Ordinary volume
2025-08-22
2025-09-19
-13.3%
Ordinary volume
2025-10-17
2025-11-14
-19.6%
Ordinary volume
2025-11-28
2025-12-26
8.8%
Ordinary volume
2026-01-16
2026-02-13
0.1%
Ordinary volume
2026-02-20
2026-03-20
-17.0%
Ordinary volume
2026-03-27
2026-04-24
8.8%
Ordinary volume
2026-05-01
2026-05-29
11.0%
Ordinary volume
2026-06-12
2026-07-10
2.3%
Ordinary volume
2026-07-17
2026-08-14
-13.4%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-25
2021-09-24
-14.9%
High volume
2021-12-24
2022-03-25
-0.7%
High volume
2023-03-31
2023-06-30
4.7%
High volume
2023-12-15
2024-03-15
-2.8%
High volume
2024-04-12
2024-07-12
-1.9%
High volume
2024-08-09
2024-11-08
-7.7%
High volume
2024-11-08
2025-02-07
-2.0%
High volume
2025-03-14
2025-06-13
-8.5%
High volume
2025-06-20
2025-09-19
-16.8%
High volume
2025-10-03
2026-01-02
-5.0%
High volume
2026-01-09
2026-04-10
1.5%
Ordinary volume
2021-04-30
2021-07-30
-3.0%
Ordinary volume
2021-07-30
2021-10-29
-6.4%
Ordinary volume
2021-11-05
2022-02-04
-3.6%
Ordinary volume
2022-02-11
2022-05-13
-6.7%
Ordinary volume
2022-05-20
2022-08-19
15.5%
Ordinary volume
2022-09-30
2022-12-30
25.4%
Ordinary volume
2023-01-13
2023-04-14
-17.5%
Ordinary volume
2023-04-14
2023-07-14
4.3%
Ordinary volume
2023-07-14
2023-10-13
-9.3%
Ordinary volume
2023-11-03
2024-02-02
3.2%
Ordinary volume
2024-02-02
2024-05-03
-5.5%
Ordinary volume
2024-05-10
2024-08-09
0.5%
Ordinary volume
2024-08-23
2024-11-22
-7.0%
Ordinary volume
2024-12-13
2025-03-14
-9.4%
Ordinary volume
2025-04-25
2025-07-25
10.0%
Ordinary volume
2025-08-22
2025-11-21
-30.1%
Ordinary volume
2025-11-28
2026-02-27
21.6%
Ordinary volume
2026-03-27
2026-06-26
50.7%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-08-06
2021-09-03
0.7%
High volume
2021-12-17
2022-01-14
7.2%
High volume
2022-04-29
2022-05-27
10.2%
High volume
2022-10-14
2022-11-11
21.4%
High volume
2022-12-16
2023-01-13
11.0%
High volume
2023-02-17
2023-03-17
-13.9%
High volume
2023-03-17
2023-04-14
1.1%
High volume
2023-06-23
2023-07-21
3.8%
High volume
2024-01-12
2024-02-09
-1.1%
High volume
2024-04-05
2024-05-03
-5.0%
High volume
2024-05-03
2024-05-31
3.6%
High volume
2024-06-28
2024-07-26
9.1%
High volume
2024-10-11
2024-11-08
13.3%
High volume
2024-11-15
2024-12-13
2.3%
High volume
2024-12-20
2025-01-17
0.2%
High volume
2025-02-28
2025-03-28
-9.0%
High volume
2025-08-01
2025-08-29
13.7%
High volume
2025-11-07
2025-12-05
2.8%
High volume
2026-02-27
2026-03-27
-11.3%
High volume
2026-08-07
2026-09-04
0.1%
Ordinary volume
2021-04-23
2021-05-21
-5.1%
Ordinary volume
2021-05-21
2021-06-18
5.4%
Ordinary volume
2021-06-18
2021-07-16
-6.5%
Ordinary volume
2021-07-16
2021-08-13
-5.9%
Ordinary volume
2021-09-03
2021-10-01
2.4%
Ordinary volume
2021-10-29
2021-11-26
2.5%
Ordinary volume
2021-11-26
2021-12-24
7.1%
Ordinary volume
2022-01-14
2022-02-11
-1.2%
Ordinary volume
2022-02-25
2022-03-25
2.0%
Ordinary volume
2022-12-09
2023-01-06
0.7%
Ordinary volume
2023-01-20
2023-02-17
-4.2%
Ordinary volume
2023-02-24
2023-03-24
-15.6%
Ordinary volume
2023-05-19
2023-06-16
0.7%
Ordinary volume
2023-07-21
2023-08-18
-0.9%
Ordinary volume
2023-09-08
2023-10-06
-1.9%
Ordinary volume
2023-10-20
2023-11-17
2.7%
Ordinary volume
2024-01-05
2024-02-02
-2.6%
Ordinary volume
2024-02-23
2024-03-22
2.2%
Ordinary volume
2024-05-31
2024-06-28
-3.4%
Ordinary volume
2024-08-16
2024-09-13
-3.6%
Ordinary volume
2025-01-10
2025-02-07
2.3%
Ordinary volume
2025-03-07
2025-04-04
-15.7%
Ordinary volume
2025-04-04
2025-05-02
3.1%
Ordinary volume
2025-05-02
2025-05-30
4.2%
Ordinary volume
2025-07-11
2025-08-08
-12.6%
Ordinary volume
2025-08-29
2025-09-26
-15.3%
Ordinary volume
2025-09-26
2025-10-24
12.5%
Ordinary volume
2026-01-23
2026-02-20
3.3%
Ordinary volume
2026-03-13
2026-04-10
7.4%
Ordinary volume
2026-04-24
2026-05-22
12.3%
Ordinary volume
2026-07-10
2026-08-07
-14.0%
Ordinary volume
2026-08-21
2026-09-18
3.1%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-08-06
2021-11-05
14.8%
High volume
2021-12-17
2022-03-18
5.1%
High volume
2022-04-29
2022-07-29
17.0%
High volume
2022-10-14
2023-01-13
31.5%
High volume
2023-02-17
2023-05-19
-12.9%
High volume
2023-06-23
2023-09-22
-4.0%
High volume
2024-01-12
2024-04-12
-2.0%
High volume
2024-05-03
2024-08-02
2.7%
High volume
2024-10-11
2025-01-10
8.5%
High volume
2025-02-28
2025-05-30
-13.4%
High volume
2025-08-01
2025-10-31
1.7%
High volume
2025-11-07
2026-02-06
22.5%
High volume
2026-02-27
2026-05-29
12.9%
Ordinary volume
2021-04-23
2021-07-23
-6.9%
Ordinary volume
2021-07-23
2021-10-22
-0.4%
Ordinary volume
2021-10-29
2022-01-28
1.5%
Ordinary volume
2022-02-25
2022-05-27
0.4%
Ordinary volume
2022-12-09
2023-03-10
-7.6%
Ordinary volume
2023-05-19
2023-08-18
2.7%
Ordinary volume
2023-09-08
2023-12-08
3.2%
Ordinary volume
2024-01-05
2024-04-05
-3.2%
Ordinary volume
2024-05-31
2024-08-30
7.7%
Ordinary volume
2024-09-06
2024-12-06
-5.3%
Ordinary volume
2025-01-10
2025-04-11
-16.4%
Ordinary volume
2025-04-18
2025-07-18
10.5%
Ordinary volume
2025-08-29
2025-11-28
-24.6%
Ordinary volume
2026-01-23
2026-04-24
-3.3%
Ordinary volume
2026-04-24
2026-07-24
37.0%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 61.80
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 price56.22
Earlier activity area46.60 โ 63.31
Recent volume balance57.6%
Recent weekly volume1.02ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
55.30
1048466
2025-10-24
59.34
1046662
2025-10-31
55.72
1743334
2025-11-07
47.50
3480043
2025-11-14
44.44
2454079
2025-11-21
44.72
3974157
2025-11-28
46.95
1322534
2025-12-05
48.85
1749629
2025-12-12
51.36
2155549
2025-12-19
49.97
2096100
2025-12-26
51.08
865550
2026-01-02
51.83
907405
2026-01-09
56.15
2069374
2026-01-16
57.28
1178146
2026-01-23
57.00
1360383
2026-01-30
54.95
1234271
2026-02-06
58.21
1230606
2026-02-13
57.31
1113153
2026-02-20
58.86
1054602
2026-02-27
57.09
2732363
2026-03-06
57.87
1725223
2026-03-13
53.05
1236431
2026-03-20
48.84
1871453
2026-03-27
50.62
1582648
2026-04-03
52.04
1052654
2026-04-10
56.96
888329
2026-04-17
58.00
848143
2026-04-24
55.09
1122024
2026-05-01
58.03
1654120
2026-05-08
62.29
1052303
2026-05-15
60.40
1222058
2026-05-22
61.87
915707
2026-05-29
64.42
743771
2026-06-05
67.74
1591399
2026-06-12
70.95
1427552
2026-06-19
71.08
1136870
2026-06-26
76.29
1762085
2026-07-03
73.39
826320
2026-07-10
72.57
960300
2026-07-17
74.54
1011900
2026-07-24
75.49
1081906
2026-07-31
74.13
772019
2026-08-07
62.39
3094513
2026-08-14
64.54
1503493
2026-08-21
58.80
1268996
2026-08-28
58.05
1009859
2026-09-04
62.43
1792015
2026-09-11
60.28
985498
2026-09-18
60.61
1549265
2026-09-25
60.98
1006855
2026-10-02
60.88
936432
2026-10-09
61.80
1517602
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +4.97% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +2.52% over four weeks. Volume balance is +57.6% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.02ร 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
29
-1.3
Available
13 weeks
14
-3.29
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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