The latest close is above the activity area established before the last four weeks. 2 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
Volume-supported advance
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move14.1%8.0% over thirteen weeks
Latest relative volume1.08ร2.16ร recent four-week median
Closing pressure60.0%Volume-weighted position within weekly ranges
Up-week volume share87.2%12.8% 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
-3.3%
-17.3%
0.74ร
2025-10-10
-4.3%
-26.1%
0.76ร
2025-10-17
-4.5%
-39.6%
0.48ร
2025-10-24
-1.7%
-26.8%
0.82ร
2025-10-31
3.2%
4.7%
1.74ร
2025-11-07
5.9%
34.8%
0.97ร
2025-11-14
9.1%
33.3%
1.99ร
2025-11-21
8.1%
41.0%
1.06ร
2025-11-28
14.1%
52.0%
1.08ร
2025-12-05
9.4%
31.1%
1.21ร
2025-12-12
7.0%
29.2%
1.06ร
2025-12-19
8.6%
30.1%
0.91ร
2025-12-26
0.8%
-2.7%
0.71ร
2026-01-02
3.7%
8.8%
0.32ร
2026-01-09
6.5%
20.8%
0.94ร
2026-01-16
10.6%
20.2%
0.99ร
2026-01-23
15.9%
45.4%
2.25ร
2026-01-30
9.7%
17.6%
1.45ร
2026-02-06
8.1%
17.1%
1.63ร
2026-02-13
4.7%
-5.5%
1.71ร
2026-02-20
1.8%
-1.9%
1.84ร
2026-02-27
13.7%
35.4%
1.34ร
2026-03-06
3.0%
18.6%
1.87ร
2026-03-13
-6.2%
18.7%
1.21ร
2026-03-20
-8.1%
-13.6%
0.80ร
2026-03-27
-14.9%
-30.1%
1.23ร
2026-04-03
-9.7%
-25.5%
1.02ร
2026-04-10
2.5%
3.4%
0.77ร
2026-04-17
-2.2%
-3.3%
0.92ร
2026-04-24
-2.8%
-19.0%
0.71ร
2026-05-01
3.7%
9.9%
1.08ร
2026-05-08
-2.4%
-10.8%
0.58ร
2026-05-15
5.9%
28.2%
1.44ร
2026-05-22
-1.6%
0.1%
1.57ร
2026-05-29
-4.0%
-15.7%
1.26ร
2026-06-05
-5.8%
-20.4%
0.19ร
2026-06-12
-5.3%
-38.3%
0.29ร
2026-06-19
11.2%
19.9%
0.26ร
2026-06-26
8.8%
39.5%
0.25ร
2026-07-03
14.8%
46.6%
0.63ร
2026-07-10
6.7%
25.1%
0.26ร
2026-07-17
-2.1%
5.1%
0.23ร
2026-07-24
0.4%
9.1%
0.46ร
2026-07-31
-9.3%
-0.6%
0.24ร
2026-08-07
-3.4%
-21.3%
0.59ร
2026-08-14
-3.7%
-14.0%
0.32ร
2026-08-21
-9.7%
-29.8%
0.25ร
2026-08-28
-0.4%
14.3%
1.28ร
2026-09-04
0.6%
71.0%
2.15ร
2026-09-11
8.0%
60.6%
2.17ร
2026-09-18
18.9%
68.0%
2.50ร
2026-09-25
14.1%
60.0%
1.08ร
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
100% 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: 50% of the way from the weekly low to high.
Volume-weighted return tilt
2.24 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
84.8 / 100
Price direction30.0 / 30
Closing pressure18.0 / 30
Up-week volume21.8 / 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
3.3%
33
-0.3%
3.6 points
Advancing weeks
13 weeks
10
9.7%
14
13.4%
-3.7 points
Declining weeks
4 weeks
13
0.6%
27
1.9%
-1.3 points
Declining weeks
13 weeks
7
โ
13
โ
Limited sample
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
2021-12-31
2022-01-28
-5.4%
High volume
2022-04-22
2022-05-20
18.1%
High volume
2022-05-20
2022-06-17
-7.4%
High volume
2022-06-24
2022-07-22
15.5%
High volume
2022-07-29
2022-08-26
4.4%
High volume
2023-02-03
2023-03-03
20.1%
High volume
2023-03-03
2023-03-31
-1.5%
High volume
2023-03-31
2023-04-28
-2.3%
High volume
2023-06-30
2023-07-28
9.2%
High volume
2024-02-02
2024-03-01
18.5%
High volume
2024-03-01
2024-03-29
32.7%
High volume
2024-03-29
2024-04-26
-4.8%
High volume
2024-12-06
2025-01-03
6.1%
High volume
2025-02-14
2025-03-14
2.3%
High volume
2025-05-30
2025-06-27
-2.7%
High volume
2025-10-31
2025-11-28
14.1%
High volume
2026-01-23
2026-02-20
1.8%
High volume
2026-02-20
2026-03-20
-8.1%
Ordinary volume
2021-04-16
2021-05-14
-2.2%
Ordinary volume
2021-07-02
2021-07-30
-6.0%
Ordinary volume
2021-08-27
2021-09-24
9.6%
Ordinary volume
2021-10-15
2021-11-12
2.8%
Ordinary volume
2022-03-18
2022-04-15
-2.8%
Ordinary volume
2022-05-06
2022-06-03
14.8%
Ordinary volume
2022-08-12
2022-09-09
0.6%
Ordinary volume
2022-09-09
2022-10-07
-1.4%
Ordinary volume
2022-10-07
2022-11-04
-0.9%
Ordinary volume
2022-11-25
2022-12-23
-5.5%
Ordinary volume
2022-12-23
2023-01-20
8.9%
Ordinary volume
2023-01-20
2023-02-17
18.2%
Ordinary volume
2023-02-17
2023-03-17
-2.1%
Ordinary volume
2023-04-21
2023-05-19
-4.8%
Ordinary volume
2023-05-19
2023-06-16
3.5%
Ordinary volume
2023-06-16
2023-07-14
20.2%
Ordinary volume
2023-10-27
2023-11-24
-3.2%
Ordinary volume
2023-12-15
2024-01-12
5.4%
Ordinary volume
2024-01-26
2024-02-23
33.6%
Ordinary volume
2024-05-10
2024-06-07
-20.7%
Ordinary volume
2024-06-14
2024-07-12
-6.1%
Ordinary volume
2024-08-09
2024-09-06
1.3%
Ordinary volume
2024-09-27
2024-10-25
-4.8%
Ordinary volume
2024-11-01
2024-11-29
-5.7%
Ordinary volume
2025-03-21
2025-04-18
-0.6%
Ordinary volume
2025-05-23
2025-06-20
-0.5%
Ordinary volume
2025-06-20
2025-07-18
-0.3%
Ordinary volume
2025-08-01
2025-08-29
9.0%
Ordinary volume
2025-10-24
2025-11-21
8.1%
Ordinary volume
2025-11-21
2025-12-19
8.6%
Ordinary volume
2025-12-19
2026-01-16
10.6%
Ordinary volume
2026-01-16
2026-02-13
4.7%
Ordinary volume
2026-04-10
2026-05-08
-2.4%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-31
2022-04-01
-5.5%
High volume
2022-04-22
2022-07-22
30.8%
High volume
2022-07-29
2022-10-28
0.9%
High volume
2023-02-03
2023-05-05
14.5%
High volume
2023-06-30
2023-09-29
10.0%
High volume
2024-02-02
2024-05-03
46.3%
High volume
2024-12-06
2025-03-07
3.6%
High volume
2025-05-30
2025-08-29
9.4%
High volume
2025-10-31
2026-01-30
26.0%
High volume
2026-02-06
2026-05-08
-2.4%
Ordinary volume
2021-04-16
2021-07-16
-8.3%
Ordinary volume
2021-08-27
2021-11-26
-5.8%
Ordinary volume
2022-03-18
2022-06-17
23.8%
Ordinary volume
2022-08-12
2022-11-11
1.6%
Ordinary volume
2022-11-25
2023-02-24
26.4%
Ordinary volume
2023-04-21
2023-07-21
20.4%
Ordinary volume
2023-10-27
2024-01-26
5.3%
Ordinary volume
2024-01-26
2024-04-26
79.0%
Ordinary volume
2024-05-10
2024-08-09
-24.9%
Ordinary volume
2024-08-09
2024-11-08
24.3%
Ordinary volume
2025-03-21
2025-06-20
9.5%
Ordinary volume
2025-06-20
2025-09-19
17.3%
Ordinary volume
2025-10-24
2026-01-23
34.4%
Ordinary volume
2026-04-10
2026-07-10
0.6%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-11
2021-07-09
0.6%
High volume
2021-07-09
2021-08-06
-7.2%
High volume
2021-12-24
2022-01-21
-0.7%
High volume
2022-06-10
2022-07-08
6.0%
High volume
2022-08-05
2022-09-02
8.6%
High volume
2023-03-17
2023-04-14
8.5%
High volume
2024-04-05
2024-05-03
0.2%
High volume
2024-05-17
2024-06-14
-7.0%
High volume
2024-11-22
2024-12-20
3.0%
High volume
2025-01-10
2025-02-07
-8.0%
High volume
2025-02-07
2025-03-07
11.0%
High volume
2026-03-06
2026-04-03
-9.7%
High volume
2026-05-22
2026-06-19
11.2%
Ordinary volume
2021-04-09
2021-05-07
4.4%
Ordinary volume
2021-05-14
2021-06-11
-6.3%
Ordinary volume
2021-06-25
2021-07-23
-2.2%
Ordinary volume
2021-08-06
2021-09-03
6.1%
Ordinary volume
2021-10-01
2021-10-29
1.9%
Ordinary volume
2021-12-17
2022-01-14
-2.9%
Ordinary volume
2022-01-21
2022-02-18
2.1%
Ordinary volume
2022-02-18
2022-03-18
-2.5%
Ordinary volume
2022-09-02
2022-09-30
-3.8%
Ordinary volume
2022-11-04
2022-12-02
-5.6%
Ordinary volume
2022-12-02
2022-12-30
4.1%
Ordinary volume
2023-04-07
2023-05-05
3.3%
Ordinary volume
2023-10-06
2023-11-03
-3.3%
Ordinary volume
2023-11-10
2023-12-08
-5.6%
Ordinary volume
2023-12-08
2024-01-05
5.7%
Ordinary volume
2024-05-03
2024-05-31
-15.2%
Ordinary volume
2024-06-28
2024-07-26
-6.7%
Ordinary volume
2024-07-26
2024-08-23
1.7%
Ordinary volume
2025-01-17
2025-02-14
0.2%
Ordinary volume
2025-02-28
2025-03-28
10.5%
Ordinary volume
2025-04-04
2025-05-02
18.3%
Ordinary volume
2025-06-06
2025-07-04
-1.4%
Ordinary volume
2025-07-11
2025-08-08
17.3%
Ordinary volume
2025-10-10
2025-11-07
5.9%
Ordinary volume
2025-12-05
2026-01-02
3.7%
Ordinary volume
2026-03-13
2026-04-10
2.5%
Ordinary volume
2026-04-17
2026-05-15
5.9%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-11
2021-09-10
3.7%
High volume
2021-12-24
2022-03-25
-1.1%
High volume
2022-06-10
2022-09-09
20.8%
High volume
2023-03-17
2023-06-16
8.2%
High volume
2024-04-05
2024-07-05
-19.1%
High volume
2024-11-22
2025-02-21
-4.7%
High volume
2026-03-06
2026-06-05
-10.8%
Ordinary volume
2021-04-09
2021-07-09
-4.4%
Ordinary volume
2021-08-06
2021-11-05
5.7%
Ordinary volume
2021-12-17
2022-03-18
-4.5%
Ordinary volume
2022-09-02
2022-12-02
-7.1%
Ordinary volume
2022-12-02
2023-03-03
43.1%
Ordinary volume
2023-04-07
2023-07-07
28.8%
Ordinary volume
2023-10-06
2024-01-05
-3.9%
Ordinary volume
2024-05-03
2024-08-02
-23.6%
Ordinary volume
2024-08-02
2024-11-01
14.7%
Ordinary volume
2025-01-17
2025-04-18
4.9%
Ordinary volume
2025-06-06
2025-09-05
15.7%
Ordinary volume
2025-10-10
2026-01-09
25.6%
Ordinary volume
2026-03-13
2026-06-12
-3.4%
Price, activity and volume balance
Where volume is concentrated
2026-09-25Close 4,400.00
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 price4,026.18
Earlier activity area3,507.22 โ 4,285.66
Recent volume balance60.0%
Recent weekly volume1.81ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-03
3,016.13
215900
2025-10-10
2,977.08
220100
2025-10-17
3,006.36
135100
2025-10-24
3,089.33
231900
2025-10-31
3,113.74
474300
2025-11-07
3,152.78
278800
2025-11-14
3,279.67
562300
2025-11-21
3,338.24
299800
2025-11-28
3,552.98
307000
2025-12-05
3,450.49
343600
2025-12-12
3,509.05
301000
2025-12-19
3,626.18
258000
2025-12-26
3,582.26
189500
2026-01-02
3,577.38
81800
2026-01-09
3,738.43
242500
2026-01-16
4,011.74
247700
2026-01-23
4,153.27
550700
2026-01-30
3,923.89
366300
2026-02-06
4,041.02
411100
2026-02-13
4,202.08
432300
2026-02-20
4,226.48
465200
2026-02-27
4,460.74
338600
2026-03-06
4,163.03
502400
2026-03-13
3,943.41
349300
2026-03-20
3,884.85
240200
2026-03-27
3,797.00
369900
2026-04-03
3,760.00
310500
2026-04-10
4,040.00
236800
2026-04-17
3,800.00
285200
2026-04-24
3,690.00
220200
2026-05-01
3,900.00
334200
2026-05-08
3,945.00
178700
2026-05-15
4,025.00
444900
2026-05-22
3,630.00
485000
2026-05-29
3,745.00
404600
2026-06-05
3,715.00
63100
2026-06-12
3,810.00
94500
2026-06-19
4,035.00
83900
2026-06-26
4,075.00
82100
2026-07-03
4,265.00
203300
2026-07-10
4,065.00
84200
2026-07-17
3,950.00
73800
2026-07-24
4,090.00
148700
2026-07-31
3,870.00
70500
2026-08-07
3,925.00
155300
2026-08-14
3,805.00
76400
2026-08-21
3,695.00
56000
2026-08-28
3,855.00
271400
2026-09-04
3,950.00
455100
2026-09-11
4,110.00
459500
2026-09-18
4,395.00
529300
2026-09-25
4,400.00
229100
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +9.27% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +14.14% over four weeks. Volume balance is +60.0% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 1.81ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
2 of 4 closes above
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 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
26
2.91
Available
13 weeks
11
18.19
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.
Search markets
Search by ticker symbol or company name and select a result to open its chart.
Markets includedUnited States
Start typing to find a stock or ETF.
Market search
Choose countries
Choose one or more countries for market search, or include every covered market.
Currently searching United States
Sharemaestro
Send a message
Ask a question, report a correction, or send a publisher/support note.
Cookie preferences
Essential cookies keep Sharemaestro secure and working. Choose whether we may use optional persistent analytics and advertising technologies. Limited cookieless server measurement continues for aggregate traffic and security.