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
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 move2.2%9.9% over thirteen weeks
Latest relative volume2.95ร2.08ร recent four-week median
Closing pressure51.0%Volume-weighted position within weekly ranges
Up-week volume share57.8%42.2% in declining weeks ยท last 13 weeks
At 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
2025-10-03
4.9%
65.4%
1.77ร
2025-10-10
6.4%
63.7%
1.48ร
2025-10-17
4.4%
44.4%
0.90ร
2025-10-24
10.1%
49.1%
1.32ร
2025-10-31
9.3%
46.6%
0.96ร
2025-11-07
7.8%
56.4%
1.36ร
2025-11-14
14.9%
73.4%
1.00ร
2025-11-21
10.3%
74.9%
1.13ร
2025-11-28
8.3%
51.8%
0.84ร
2025-12-05
5.0%
23.4%
0.75ร
2025-12-12
4.9%
46.2%
1.07ร
2025-12-19
3.1%
3.2%
1.28ร
2025-12-26
3.3%
14.4%
0.51ร
2026-01-02
2.9%
-0.1%
0.85ร
2026-01-09
-0.1%
-40.2%
1.07ร
2026-01-16
0.5%
-31.2%
1.02ร
2026-01-23
-4.0%
-48.3%
0.99ร
2026-01-30
-4.5%
-51.9%
1.41ร
2026-02-06
-10.9%
-65.2%
1.66ร
2026-02-13
-10.4%
-58.4%
0.98ร
2026-02-20
-5.7%
-35.8%
0.93ร
2026-02-27
-0.2%
-3.5%
1.03ร
2026-03-06
2.3%
12.7%
1.14ร
2026-03-13
2.5%
31.1%
1.37ร
2026-03-20
-1.7%
14.5%
1.77ร
2026-03-27
-3.4%
-1.5%
2.48ร
2026-04-03
4.8%
26.3%
1.62ร
2026-04-10
6.8%
28.2%
1.25ร
2026-04-17
14.2%
41.0%
1.11ร
2026-04-24
11.5%
64.8%
1.32ร
2026-05-01
10.6%
60.7%
1.13ร
2026-05-08
12.4%
56.7%
0.81ร
2026-05-15
7.9%
56.2%
0.55ร
2026-05-22
10.7%
57.2%
0.47ร
2026-05-29
9.3%
61.6%
0.80ร
2026-06-05
5.8%
43.7%
0.31ร
2026-06-12
8.6%
49.3%
0.20ร
2026-06-19
9.2%
26.2%
0.39ร
2026-06-26
3.8%
-16.6%
0.28ร
2026-07-03
7.7%
-14.0%
0.08ร
2026-07-10
5.9%
-39.5%
0.25ร
2026-07-17
4.0%
14.8%
0.25ร
2026-07-24
8.3%
19.6%
0.34ร
2026-07-31
6.8%
17.8%
0.24ร
2026-08-07
2.7%
31.9%
0.32ร
2026-08-14
3.4%
20.6%
0.20ร
2026-08-21
-1.6%
8.8%
0.11ร
2026-08-28
-3.7%
13.1%
1.09ร
2026-09-04
1.9%
45.8%
1.57ร
2026-09-11
-0.7%
62.3%
1.78ร
2026-09-18
3.5%
56.9%
2.38ร
2026-09-25
2.2%
51.0%
2.95ร
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
46% 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: 63% of the way from the weekly low to high.
Volume-weighted return tilt
-0.25 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
74.8 / 100
Price direction30.0 / 30
Closing pressure15.3 / 30
Up-week volume14.4 / 25
Volume confirmation15.0 / 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
18
4.3%
37
2.5%
1.8 points
Advancing weeks
13 weeks
14
4.7%
18
5.7%
-1.1 points
Declining weeks
4 weeks
19
1.5%
26
2.0%
-0.4 points
Declining weeks
13 weeks
14
2.9%
14
6.5%
-3.5 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
2021-04-09
2021-05-07
8.1%
High volume
2021-06-25
2021-07-23
-1.5%
High volume
2021-10-01
2021-10-29
-1.6%
High volume
2022-03-11
2022-04-08
0.8%
High volume
2022-06-24
2022-07-22
3.0%
High volume
2022-12-23
2023-01-20
9.6%
High volume
2023-01-20
2023-02-17
2.2%
High volume
2023-03-24
2023-04-21
5.3%
High volume
2023-04-21
2023-05-19
-0.7%
High volume
2023-06-16
2023-07-14
6.8%
High volume
2024-03-29
2024-04-26
-4.2%
High volume
2024-05-03
2024-05-31
4.5%
High volume
2024-06-28
2024-07-26
5.0%
High volume
2024-09-20
2024-10-18
5.5%
High volume
2025-03-28
2025-04-25
0.6%
High volume
2025-06-27
2025-07-25
4.0%
High volume
2025-10-03
2025-10-31
9.3%
High volume
2026-03-27
2026-04-24
11.5%
Ordinary volume
2021-04-16
2021-05-14
8.8%
Ordinary volume
2021-05-21
2021-06-18
2.6%
Ordinary volume
2021-09-03
2021-10-01
-1.6%
Ordinary volume
2021-10-08
2021-11-05
-0.8%
Ordinary volume
2022-01-07
2022-02-04
-1.1%
Ordinary volume
2022-02-04
2022-03-04
-7.7%
Ordinary volume
2022-05-20
2022-06-17
-6.4%
Ordinary volume
2022-07-29
2022-08-26
-0.7%
Ordinary volume
2022-09-09
2022-10-07
-8.5%
Ordinary volume
2022-10-07
2022-11-04
6.0%
Ordinary volume
2023-01-06
2023-02-03
7.9%
Ordinary volume
2023-03-03
2023-03-31
-5.2%
Ordinary volume
2023-04-07
2023-05-05
3.7%
Ordinary volume
2023-07-07
2023-08-04
4.4%
Ordinary volume
2023-08-04
2023-09-01
-1.9%
Ordinary volume
2023-11-17
2023-12-15
3.7%
Ordinary volume
2023-12-29
2024-01-26
4.8%
Ordinary volume
2024-01-26
2024-02-23
0.5%
Ordinary volume
2024-03-08
2024-04-05
-3.0%
Ordinary volume
2024-04-19
2024-05-17
6.8%
Ordinary volume
2024-06-07
2024-07-05
-3.1%
Ordinary volume
2024-07-26
2024-08-23
-0.8%
Ordinary volume
2024-09-13
2024-10-11
6.3%
Ordinary volume
2024-10-11
2024-11-08
5.4%
Ordinary volume
2025-01-24
2025-02-21
10.4%
Ordinary volume
2025-02-28
2025-03-28
4.1%
Ordinary volume
2025-04-18
2025-05-16
0.6%
Ordinary volume
2025-05-30
2025-06-27
1.8%
Ordinary volume
2025-07-18
2025-08-15
5.8%
Ordinary volume
2025-08-29
2025-09-26
0.6%
Ordinary volume
2025-10-31
2025-11-28
8.3%
Ordinary volume
2025-11-28
2025-12-26
3.3%
Ordinary volume
2026-01-09
2026-02-06
-10.9%
Ordinary volume
2026-02-13
2026-03-13
2.5%
Ordinary volume
2026-04-10
2026-05-08
12.4%
Ordinary volume
2026-05-08
2026-06-05
5.8%
Ordinary volume
2026-08-28
2026-09-25
2.2%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-09
2021-07-09
16.2%
High volume
2021-10-01
2021-12-31
1.0%
High volume
2022-03-11
2022-06-10
-8.9%
High volume
2022-06-24
2022-09-23
-2.4%
High volume
2022-12-23
2023-03-24
7.5%
High volume
2023-03-24
2023-06-23
0.7%
High volume
2023-06-30
2023-09-29
-1.6%
High volume
2024-03-29
2024-06-28
1.6%
High volume
2024-06-28
2024-09-27
13.1%
High volume
2024-10-04
2025-01-03
2.3%
High volume
2025-03-28
2025-06-27
7.0%
High volume
2025-06-27
2025-09-26
9.5%
High volume
2025-10-03
2026-01-02
20.6%
High volume
2026-03-27
2026-06-26
31.0%
Ordinary volume
2021-04-16
2021-07-16
14.0%
Ordinary volume
2021-09-03
2021-12-03
-2.0%
Ordinary volume
2022-01-07
2022-04-08
-7.3%
Ordinary volume
2022-05-20
2022-08-19
3.2%
Ordinary volume
2022-09-09
2022-12-09
-3.1%
Ordinary volume
2023-01-06
2023-04-07
4.4%
Ordinary volume
2023-04-07
2023-07-07
7.1%
Ordinary volume
2023-07-07
2023-10-06
-3.3%
Ordinary volume
2023-11-17
2024-02-16
6.1%
Ordinary volume
2024-03-08
2024-06-07
3.1%
Ordinary volume
2024-06-07
2024-09-06
4.6%
Ordinary volume
2024-09-13
2024-12-13
11.6%
Ordinary volume
2025-01-24
2025-04-25
18.7%
Ordinary volume
2025-04-25
2025-07-25
10.6%
Ordinary volume
2025-07-25
2025-10-24
15.9%
Ordinary volume
2025-10-31
2026-01-30
5.4%
Ordinary volume
2026-02-13
2026-05-15
23.7%
Ordinary volume
2026-05-29
2026-08-28
11.6%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-09-24
2021-10-22
2.4%
High volume
2022-01-28
2022-02-25
-2.6%
High volume
2022-03-18
2022-04-15
1.5%
High volume
2022-04-15
2022-05-13
-10.0%
High volume
2022-06-10
2022-07-08
-2.1%
High volume
2022-09-23
2022-10-21
0.4%
High volume
2022-12-16
2023-01-13
10.0%
High volume
2023-03-10
2023-04-07
-3.7%
High volume
2023-06-23
2023-07-21
11.3%
High volume
2023-07-28
2023-08-25
-3.2%
High volume
2023-09-22
2023-10-20
-9.4%
High volume
2023-12-22
2024-01-19
3.2%
High volume
2024-03-22
2024-04-19
-1.6%
High volume
2024-06-21
2024-07-19
5.3%
High volume
2024-12-20
2025-01-17
-3.9%
High volume
2025-04-11
2025-05-09
6.6%
High volume
2025-09-26
2025-10-24
10.1%
High volume
2026-02-06
2026-03-06
2.3%
High volume
2026-03-20
2026-04-17
14.2%
Ordinary volume
2021-06-11
2021-07-09
-1.1%
Ordinary volume
2021-07-09
2021-08-06
6.3%
Ordinary volume
2021-09-17
2021-10-15
-0.4%
Ordinary volume
2021-10-15
2021-11-12
-0.4%
Ordinary volume
2021-12-03
2021-12-31
1.4%
Ordinary volume
2022-01-21
2022-02-18
-2.2%
Ordinary volume
2022-02-18
2022-03-18
-4.8%
Ordinary volume
2022-05-06
2022-06-03
-1.8%
Ordinary volume
2022-07-15
2022-08-12
7.6%
Ordinary volume
2022-12-09
2023-01-06
3.5%
Ordinary volume
2023-05-26
2023-06-23
-3.1%
Ordinary volume
2023-10-20
2023-11-17
11.0%
Ordinary volume
2024-01-12
2024-02-09
2.6%
Ordinary volume
2024-03-01
2024-03-29
-1.6%
Ordinary volume
2024-04-12
2024-05-10
10.0%
Ordinary volume
2024-05-31
2024-06-28
-2.5%
Ordinary volume
2024-07-19
2024-08-16
-0.4%
Ordinary volume
2024-09-06
2024-10-04
6.8%
Ordinary volume
2024-12-13
2025-01-10
-6.4%
Ordinary volume
2025-01-17
2025-02-14
11.3%
Ordinary volume
2025-06-06
2025-07-04
2.5%
Ordinary volume
2025-07-04
2025-08-01
6.0%
Ordinary volume
2025-08-15
2025-09-12
3.0%
Ordinary volume
2025-10-17
2025-11-14
14.9%
Ordinary volume
2026-01-02
2026-01-30
-4.5%
Ordinary volume
2026-03-06
2026-04-03
4.8%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-09-24
2021-12-24
2.3%
High volume
2022-01-28
2022-04-29
-5.6%
High volume
2022-06-10
2022-09-09
0.1%
High volume
2022-09-23
2022-12-23
2.6%
High volume
2023-03-10
2023-06-09
-3.1%
High volume
2023-06-23
2023-09-22
9.2%
High volume
2023-09-22
2023-12-22
3.2%
High volume
2023-12-22
2024-03-22
2.5%
High volume
2024-03-22
2024-06-21
0.6%
High volume
2024-06-21
2024-09-20
14.9%
High volume
2024-12-20
2025-03-21
12.1%
High volume
2025-04-11
2025-07-11
13.8%
High volume
2025-09-26
2025-12-26
26.9%
High volume
2026-02-06
2026-05-08
23.4%
Ordinary volume
2021-06-11
2021-09-10
10.2%
Ordinary volume
2021-09-17
2021-12-17
0.3%
Ordinary volume
2021-12-24
2022-03-25
-6.4%
Ordinary volume
2022-05-06
2022-08-05
-4.4%
Ordinary volume
2022-12-09
2023-03-10
12.1%
Ordinary volume
2023-05-26
2023-08-25
3.3%
Ordinary volume
2023-10-20
2024-01-19
17.6%
Ordinary volume
2024-03-01
2024-05-31
2.5%
Ordinary volume
2024-05-31
2024-08-30
6.1%
Ordinary volume
2024-09-06
2024-12-06
16.6%
Ordinary volume
2024-12-13
2025-03-14
6.8%
Ordinary volume
2025-06-06
2025-09-05
12.5%
Ordinary volume
2025-10-17
2026-01-16
20.0%
Ordinary volume
2026-01-16
2026-04-17
2.7%
Price, activity and volume balance
Where volume is concentrated
2026-09-25Close 94.28
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 price65.23
Earlier activity area61.82 โ 73.77
Recent volume balance51.0%
Recent weekly volume1.22ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-03
59.04
16259700
2025-10-10
61.15
13584300
2025-10-17
59.55
8218100
2025-10-24
62.54
11932400
2025-10-31
64.49
8687100
2025-11-07
65.91
12337500
2025-11-14
68.40
9131600
2025-11-21
68.98
10359900
2025-11-28
69.84
8199900
2025-12-05
69.22
7287900
2025-12-12
71.78
9873400
2025-12-19
71.09
11789800
2025-12-26
72.11
4699600
2026-01-02
71.21
7710300
2026-01-09
71.68
9796800
2026-01-16
71.46
9265900
2026-01-23
69.26
9016500
2026-01-30
67.98
12827200
2026-02-06
63.85
15277400
2026-02-13
64.01
9113200
2026-02-20
65.33
8591300
2026-02-27
67.83
9529600
2026-03-06
65.29
10690900
2026-03-13
65.58
13272200
2026-03-20
64.23
17420200
2026-03-27
65.52
24364100
2026-04-03
68.40
15942600
2026-04-10
70.07
12269300
2026-04-17
73.36
10894700
2026-04-24
73.04
13340900
2026-05-01
75.62
11414000
2026-05-08
78.79
8555800
2026-05-15
79.14
5571700
2026-05-22
80.87
4798600
2026-05-29
82.69
7859400
2026-06-05
83.32
3055600
2026-06-12
85.95
1942900
2026-06-19
88.33
3732400
2026-06-26
85.80
2655000
2026-07-03
89.74
746300
2026-07-10
91.04
2361200
2026-07-17
91.87
2290200
2026-07-24
92.90
3092100
2026-07-31
95.80
2119300
2026-08-07
93.49
2757300
2026-08-14
95.00
1673100
2026-08-21
91.39
758700
2026-08-28
92.27
5634200
2026-09-04
95.28
8163700
2026-09-11
94.37
9205900
2026-09-18
94.56
12318600
2026-09-25
94.28
15318400
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +34.17% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +2.18% over four weeks. Volume balance is +51.0% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.22ร 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
39
1.64
Available
13 weeks
15
4.24
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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