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 mixed; 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 move-6.3%-18.4% over thirteen weeks
Latest relative volume3.33ร3.55ร recent four-week median
Closing pressure-1.3%Volume-weighted position within weekly ranges
Up-week volume share21.3%78.7% in declining weeks ยท last 13 weeks
13-week range breakdownAt 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
-5.1%
-16.2%
1.32ร
2025-10-24
6.4%
15.1%
0.81ร
2025-10-31
5.5%
20.8%
1.42ร
2025-11-07
-8.4%
-2.6%
1.31ร
2025-11-14
-1.5%
6.3%
1.10ร
2025-11-21
-10.8%
-23.8%
0.79ร
2025-11-28
-2.3%
-8.7%
1.07ร
2025-12-05
16.5%
26.1%
1.52ร
2025-12-12
8.4%
13.5%
0.91ร
2025-12-19
19.9%
45.9%
1.36ร
2025-12-26
10.7%
31.8%
0.34ร
2026-01-02
9.5%
35.4%
0.67ร
2026-01-09
12.8%
50.1%
0.84ร
2026-01-16
7.4%
52.7%
1.05ร
2026-01-23
5.6%
58.2%
0.82ร
2026-01-30
-0.8%
31.2%
0.91ร
2026-02-06
-0.8%
14.7%
0.89ร
2026-02-13
11.8%
23.8%
1.88ร
2026-02-20
29.9%
40.7%
2.18ร
2026-02-27
29.9%
38.4%
1.26ร
2026-03-06
18.1%
29.9%
1.20ร
2026-03-13
-2.1%
-10.6%
1.10ร
2026-03-20
-18.3%
-67.1%
0.88ร
2026-03-27
-16.8%
-62.1%
1.15ร
2026-04-03
-6.2%
-42.0%
0.86ร
2026-04-10
12.7%
2.4%
0.90ร
2026-04-17
20.0%
37.3%
0.66ร
2026-04-24
16.8%
33.7%
0.61ร
2026-05-01
10.8%
34.5%
0.60ร
2026-05-08
6.8%
21.5%
1.14ร
2026-05-15
-0.7%
-9.0%
0.60ร
2026-05-22
14.4%
37.7%
1.09ร
2026-05-29
27.2%
40.6%
1.26ร
2026-06-05
16.1%
39.1%
0.16ร
2026-06-12
28.7%
57.3%
0.18ร
2026-06-19
20.1%
33.4%
0.16ร
2026-06-26
8.1%
3.3%
0.11ร
2026-07-03
6.0%
9.8%
0.08ร
2026-07-10
-10.1%
-18.1%
0.21ร
2026-07-17
-17.8%
-0.4%
0.12ร
2026-07-24
-17.4%
-23.3%
0.27ร
2026-07-31
-16.5%
-40.7%
0.13ร
2026-08-07
-12.2%
-39.8%
0.18ร
2026-08-14
-4.0%
-64.8%
0.10ร
2026-08-21
-7.6%
-53.1%
0.25ร
2026-08-28
-4.2%
-36.9%
0.12ร
2026-09-04
-1.2%
-2.1%
0.38ร
2026-09-11
-4.8%
31.1%
2.45ร
2026-09-18
-0.3%
51.9%
3.18ร
2026-09-25
-4.1%
7.8%
29.45ร
2026-10-02
2.4%
7.1%
3.76ร
2026-10-09
-6.3%
-1.3%
3.33ร
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
45% 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
5.3 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume5.3 / 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
24
2.8%
37
8.9%
-6.1 points
Advancing weeks
13 weeks
14
12.2%
17
13.9%
-1.7 points
Declining weeks
4 weeks
18
3.1%
26
1.9%
1.2 points
Declining weeks
13 weeks
12
10.7%
15
15.6%
-4.9 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
2021-05-07
2021-06-04
-9.4%
High volume
2021-09-17
2021-10-15
0.8%
High volume
2021-11-05
2021-12-03
-9.3%
High volume
2021-12-17
2022-01-14
8.6%
High volume
2022-03-11
2022-04-08
2.2%
High volume
2022-04-15
2022-05-13
-14.6%
High volume
2022-11-11
2022-12-09
-4.6%
High volume
2023-02-17
2023-03-17
-2.5%
High volume
2023-06-23
2023-07-21
20.5%
High volume
2023-11-03
2023-12-01
10.9%
High volume
2023-12-01
2023-12-29
-2.7%
High volume
2024-01-19
2024-02-16
11.1%
High volume
2024-02-16
2024-03-15
13.5%
High volume
2024-03-22
2024-04-19
0.1%
High volume
2024-05-10
2024-06-07
14.8%
High volume
2024-07-12
2024-08-09
4.5%
High volume
2024-11-15
2024-12-13
3.7%
High volume
2025-02-21
2025-03-21
3.4%
High volume
2025-04-11
2025-05-09
36.8%
High volume
2025-08-01
2025-08-29
5.4%
High volume
2025-09-19
2025-10-17
-5.1%
High volume
2025-12-05
2026-01-02
9.5%
High volume
2026-02-13
2026-03-13
-2.1%
High volume
2026-09-11
2026-10-09
-6.3%
Ordinary volume
2021-04-30
2021-05-28
0.5%
Ordinary volume
2021-10-15
2021-11-12
22.0%
Ordinary volume
2021-12-10
2022-01-07
8.9%
Ordinary volume
2022-02-04
2022-03-04
-11.4%
Ordinary volume
2022-04-22
2022-05-20
-16.9%
Ordinary volume
2022-07-29
2022-08-26
-10.8%
Ordinary volume
2022-08-26
2022-09-23
-4.7%
Ordinary volume
2022-10-21
2022-11-18
12.4%
Ordinary volume
2022-12-23
2023-01-20
9.8%
Ordinary volume
2023-01-20
2023-02-17
12.7%
Ordinary volume
2023-03-03
2023-03-31
-0.6%
Ordinary volume
2023-04-14
2023-05-12
-4.4%
Ordinary volume
2023-06-30
2023-07-28
14.9%
Ordinary volume
2023-07-28
2023-08-25
-11.4%
Ordinary volume
2023-10-20
2023-11-17
16.3%
Ordinary volume
2023-11-17
2023-12-15
4.4%
Ordinary volume
2024-02-02
2024-03-01
11.3%
Ordinary volume
2024-03-29
2024-04-26
1.6%
Ordinary volume
2024-04-26
2024-05-24
30.5%
Ordinary volume
2024-06-14
2024-07-12
20.5%
Ordinary volume
2024-08-09
2024-09-06
-8.6%
Ordinary volume
2024-09-27
2024-10-25
-1.2%
Ordinary volume
2024-11-08
2024-12-06
18.9%
Ordinary volume
2024-12-20
2025-01-17
-2.9%
Ordinary volume
2025-01-17
2025-02-14
9.5%
Ordinary volume
2025-02-14
2025-03-14
17.5%
Ordinary volume
2025-03-28
2025-04-25
13.0%
Ordinary volume
2025-05-02
2025-05-30
20.8%
Ordinary volume
2025-05-30
2025-06-27
-3.1%
Ordinary volume
2025-06-27
2025-07-25
-6.5%
Ordinary volume
2025-08-08
2025-09-05
-9.6%
Ordinary volume
2025-10-24
2025-11-21
-10.8%
Ordinary volume
2025-11-28
2025-12-26
10.7%
Ordinary volume
2026-01-09
2026-02-06
-0.8%
Ordinary volume
2026-02-06
2026-03-06
18.1%
Ordinary volume
2026-04-03
2026-05-01
10.8%
Ordinary volume
2026-05-08
2026-06-05
16.1%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-07
2021-08-06
-13.1%
High volume
2021-09-17
2021-12-17
12.3%
High volume
2021-12-17
2022-03-18
12.2%
High volume
2022-03-18
2022-06-17
-26.5%
High volume
2022-11-11
2023-02-10
7.0%
High volume
2023-02-17
2023-05-19
-6.3%
High volume
2023-06-23
2023-09-22
4.3%
High volume
2023-11-03
2024-02-02
18.5%
High volume
2024-02-16
2024-05-17
39.1%
High volume
2024-05-24
2024-08-23
22.7%
High volume
2024-11-15
2025-02-14
12.3%
High volume
2025-02-21
2025-05-23
43.5%
High volume
2025-08-01
2025-10-31
10.3%
High volume
2025-12-05
2026-03-06
30.9%
Ordinary volume
2021-04-30
2021-07-30
-5.7%
Ordinary volume
2021-10-15
2022-01-14
21.0%
Ordinary volume
2022-02-04
2022-05-06
-10.7%
Ordinary volume
2022-07-29
2022-10-28
-12.3%
Ordinary volume
2022-12-23
2023-03-24
19.5%
Ordinary volume
2023-04-14
2023-07-14
7.0%
Ordinary volume
2023-07-14
2023-10-13
-16.7%
Ordinary volume
2023-10-20
2024-01-19
25.1%
Ordinary volume
2024-02-02
2024-05-03
30.7%
Ordinary volume
2024-05-17
2024-08-16
40.2%
Ordinary volume
2024-08-23
2024-11-22
5.5%
Ordinary volume
2024-11-29
2025-02-28
39.3%
Ordinary volume
2025-03-28
2025-06-27
40.0%
Ordinary volume
2025-06-27
2025-09-26
7.0%
Ordinary volume
2025-10-24
2026-01-23
13.9%
Ordinary volume
2026-02-06
2026-05-08
33.4%
Ordinary volume
2026-05-08
2026-08-07
-3.4%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-23
2021-05-21
5.1%
High volume
2021-08-20
2021-09-17
-0.3%
High volume
2022-01-21
2022-02-18
-0.7%
High volume
2022-02-18
2022-03-18
7.3%
High volume
2022-08-05
2022-09-02
-5.3%
High volume
2022-11-04
2022-12-02
8.0%
High volume
2023-02-24
2023-03-24
-0.2%
High volume
2023-04-07
2023-05-05
0.4%
High volume
2023-12-15
2024-01-12
2.9%
High volume
2024-03-15
2024-04-12
10.3%
High volume
2024-04-12
2024-05-10
3.3%
High volume
2024-07-19
2024-08-16
9.4%
High volume
2024-08-30
2024-09-27
0.0%
High volume
2024-11-22
2024-12-20
12.5%
High volume
2025-03-07
2025-04-04
-9.0%
High volume
2025-04-04
2025-05-02
40.1%
High volume
2025-06-06
2025-07-04
-5.5%
High volume
2025-07-25
2025-08-22
28.0%
Ordinary volume
2021-05-14
2021-06-11
-7.8%
Ordinary volume
2021-09-10
2021-10-08
0.8%
Ordinary volume
2021-10-29
2021-11-26
11.1%
Ordinary volume
2021-11-26
2021-12-24
3.4%
Ordinary volume
2022-01-07
2022-02-04
-1.1%
Ordinary volume
2022-03-25
2022-04-22
-0.3%
Ordinary volume
2022-04-29
2022-05-27
-7.3%
Ordinary volume
2022-06-17
2022-07-15
3.0%
Ordinary volume
2022-08-12
2022-09-09
-2.4%
Ordinary volume
2022-09-23
2022-10-21
-2.5%
Ordinary volume
2022-11-18
2022-12-16
-9.8%
Ordinary volume
2023-04-28
2023-05-26
-6.7%
Ordinary volume
2023-10-06
2023-11-03
8.7%
Ordinary volume
2023-12-08
2024-01-05
-1.8%
Ordinary volume
2024-02-09
2024-03-08
24.2%
Ordinary volume
2024-04-19
2024-05-17
17.3%
Ordinary volume
2024-05-31
2024-06-28
-5.2%
Ordinary volume
2024-09-06
2024-10-04
14.0%
Ordinary volume
2024-10-18
2024-11-15
14.8%
Ordinary volume
2025-01-10
2025-02-07
4.5%
Ordinary volume
2025-02-07
2025-03-07
19.8%
Ordinary volume
2025-08-29
2025-09-26
-1.2%
Ordinary volume
2025-09-26
2025-10-24
6.4%
Ordinary volume
2025-11-21
2025-12-19
19.9%
Ordinary volume
2026-01-23
2026-02-20
29.9%
Ordinary volume
2026-03-06
2026-04-03
-6.2%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-23
2021-07-23
-3.9%
High volume
2021-08-20
2021-11-19
16.4%
High volume
2022-01-21
2022-04-22
5.8%
High volume
2022-08-05
2022-11-04
-9.1%
High volume
2022-11-04
2023-02-03
13.3%
High volume
2023-02-24
2023-05-26
-6.1%
High volume
2023-12-15
2024-03-15
30.1%
High volume
2024-03-15
2024-06-14
32.2%
High volume
2024-07-19
2024-10-18
8.1%
High volume
2024-11-22
2025-02-21
36.0%
High volume
2025-03-07
2025-06-06
51.2%
High volume
2025-06-06
2025-09-05
1.6%
Ordinary volume
2021-05-14
2021-08-13
-7.2%
Ordinary volume
2021-09-10
2021-12-10
13.5%
Ordinary volume
2022-01-07
2022-04-08
-2.7%
Ordinary volume
2022-04-08
2022-07-08
-18.9%
Ordinary volume
2022-08-12
2022-11-11
1.5%
Ordinary volume
2022-11-18
2023-02-17
15.6%
Ordinary volume
2023-04-28
2023-07-28
10.5%
Ordinary volume
2023-10-06
2024-01-05
18.2%
Ordinary volume
2024-02-09
2024-05-10
38.5%
Ordinary volume
2024-05-31
2024-08-30
27.5%
Ordinary volume
2024-09-06
2024-12-06
34.0%
Ordinary volume
2025-01-10
2025-04-11
23.0%
Ordinary volume
2025-08-29
2025-11-28
2.3%
Ordinary volume
2025-12-12
2026-03-13
24.0%
Ordinary volume
2026-03-13
2026-06-12
47.3%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 81.65
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 price85.49
Earlier activity area57.57 โ 89.99
Recent volume balance-1.3%
Recent weekly volume0.89ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
57.08
518433
2025-10-24
60.05
317340
2025-10-31
59.81
545678
2025-11-07
52.80
505000
2025-11-14
56.21
422174
2025-11-21
53.58
302938
2025-11-28
58.44
401507
2025-12-05
61.51
586714
2025-12-12
60.92
351571
2025-12-19
64.23
523301
2025-12-26
64.72
137069
2026-01-02
67.34
267093
2026-01-09
68.70
334202
2026-01-16
69.00
418637
2026-01-23
68.36
329263
2026-01-30
66.81
360739
2026-02-06
68.17
335367
2026-02-13
77.16
670416
2026-02-20
88.83
820651
2026-02-27
86.79
502285
2026-03-06
80.52
475503
2026-03-13
75.56
436064
2026-03-20
72.55
360766
2026-03-27
72.21
455048
2026-04-03
75.56
350927
2026-04-10
85.19
370360
2026-04-17
87.08
272571
2026-04-24
84.36
233805
2026-05-01
83.68
232905
2026-05-08
90.95
415981
2026-05-15
86.50
220357
2026-05-22
96.50
394701
2026-05-29
106.40
461053
2026-06-05
105.60
57610
2026-06-12
111.30
64413
2026-06-19
115.90
56950
2026-06-26
115.00
38892
2026-07-03
111.90
29203
2026-07-10
100.10
75293
2026-07-17
95.30
42582
2026-07-24
94.95
91102
2026-07-31
93.45
43470
2026-08-07
87.90
54995
2026-08-14
91.50
26457
2026-08-21
87.70
59478
2026-08-28
89.55
26934
2026-09-04
86.85
59308
2026-09-11
87.10
203547
2026-09-18
87.45
264163
2026-09-25
85.90
2450549
2026-10-02
88.95
312725
2026-10-09
81.65
277384
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +16.79% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -6.26% over four weeks. Volume balance is -1.3% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 0.89ร 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
12
3.46
Available
13 weeks
7
10.26
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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