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 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
Volume-supported decline
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-4.4%-1.8% over thirteen weeks
Latest relative volume1.32ร1.58ร recent four-week median
Closing pressure-66.4%Volume-weighted position within weekly ranges
Up-week volume share41.2%58.8% 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
2025-10-17
-8.6%
-55.0%
1.35ร
2025-10-24
-0.6%
-41.8%
0.36ร
2025-10-31
-7.3%
-64.4%
0.45ร
2025-11-07
-3.2%
-50.3%
0.21ร
2025-11-14
-1.0%
-32.8%
3.94ร
2025-11-21
-2.6%
-30.5%
0.98ร
2025-11-28
-3.0%
-25.0%
2.56ร
2025-12-05
0.3%
-12.7%
3.05ร
2025-12-12
-1.0%
-2.6%
0.29ร
2025-12-19
0.7%
-5.7%
1.15ร
2025-12-26
2.7%
-1.7%
0.39ร
2026-01-02
1.0%
-17.6%
0.41ร
2026-01-09
-0.7%
-42.6%
1.75ร
2026-01-16
-1.6%
-47.6%
0.83ร
2026-01-23
-6.3%
-55.1%
1.71ร
2026-01-30
-8.8%
-69.0%
3.37ร
2026-02-06
-8.7%
-75.1%
2.32ร
2026-02-13
-6.4%
-56.3%
1.66ร
2026-02-20
-2.5%
-43.0%
1.08ร
2026-02-27
-0.7%
-25.1%
0.83ร
2026-03-06
-2.6%
-0.5%
0.91ร
2026-03-13
-5.4%
-15.7%
0.51ร
2026-03-20
-14.4%
-60.4%
2.86ร
2026-03-27
-15.2%
-61.3%
1.65ร
2026-04-03
-10.9%
-42.6%
1.69ร
2026-04-10
-9.4%
-28.1%
1.65ร
2026-04-17
6.3%
7.4%
1.77ร
2026-04-24
4.7%
-10.0%
2.12ร
2026-05-01
3.4%
-14.1%
2.78ร
2026-05-08
0.8%
-40.7%
2.36ร
2026-05-15
-6.6%
-25.4%
2.95ร
2026-05-22
-1.7%
-12.5%
1.26ร
2026-05-29
-1.3%
-24.3%
0.78ร
2026-06-05
-5.3%
-0.8%
0.07ร
2026-06-12
1.4%
-40.1%
0.46ร
2026-06-19
-3.1%
-62.1%
0.37ร
2026-06-26
-3.5%
-44.8%
0.32ร
2026-07-03
2.3%
-56.7%
0.42ร
2026-07-10
-1.3%
-74.4%
0.11ร
2026-07-17
-0.5%
-100.0%
0.03ร
2026-07-24
-0.9%
-100.0%
0.42ร
2026-07-31
0.5%
-64.2%
0.45ร
2026-08-07
9.0%
5.3%
0.89ร
2026-08-14
5.5%
10.7%
0.19ร
2026-08-21
2.8%
37.4%
0.17ร
2026-08-28
3.2%
52.1%
0.21ร
2026-09-04
-6.6%
-19.4%
0.16ร
2026-09-11
-1.7%
-26.8%
4.77ร
2026-09-18
0.0%
-41.8%
2.53ร
2026-09-25
-3.5%
-45.6%
1.86ร
2026-10-02
-3.1%
-51.9%
1.21ร
2026-10-09
-4.4%
-66.4%
1.32ร
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: 25% of the way from the weekly low to high.
Volume-weighted return tilt
0.45 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
26
-0.5%
24
1.2%
-1.6 points
Advancing weeks
13 weeks
14
5.5%
12
3.5%
2.0 points
Declining weeks
4 weeks
28
0.6%
29
0.0%
0.6 points
Declining weeks
13 weeks
14
-0.5%
15
5.7%
-6.1 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
-5.7%
High volume
2021-10-08
2021-11-05
16.2%
High volume
2021-11-12
2021-12-10
-4.3%
High volume
2022-03-25
2022-04-22
3.1%
High volume
2022-09-09
2022-10-07
-5.5%
High volume
2022-11-04
2022-12-02
11.0%
High volume
2023-02-17
2023-03-17
-6.7%
High volume
2023-03-17
2023-04-14
8.0%
High volume
2023-05-05
2023-06-02
3.9%
High volume
2023-07-07
2023-08-04
7.1%
High volume
2023-08-04
2023-09-01
-4.4%
High volume
2023-09-15
2023-10-13
3.9%
High volume
2023-11-17
2023-12-15
8.2%
High volume
2023-12-29
2024-01-26
-6.0%
High volume
2024-05-17
2024-06-14
-0.9%
High volume
2024-09-13
2024-10-11
9.1%
High volume
2024-10-11
2024-11-08
10.2%
High volume
2024-11-29
2024-12-27
0.0%
High volume
2025-03-28
2025-04-25
-6.3%
High volume
2025-05-02
2025-05-30
13.8%
High volume
2025-05-30
2025-06-27
-3.7%
High volume
2025-08-29
2025-09-26
-19.0%
High volume
2025-11-14
2025-12-12
-1.0%
High volume
2026-02-13
2026-03-13
-5.4%
High volume
2026-04-03
2026-05-01
3.4%
High volume
2026-09-11
2026-10-09
-4.4%
Ordinary volume
2021-05-07
2021-06-04
1.3%
Ordinary volume
2021-06-18
2021-07-16
9.8%
Ordinary volume
2021-09-10
2021-10-08
-2.1%
Ordinary volume
2021-10-22
2021-11-19
6.3%
Ordinary volume
2022-01-28
2022-02-25
1.9%
Ordinary volume
2022-02-25
2022-03-25
-0.8%
Ordinary volume
2022-04-01
2022-04-29
-4.7%
Ordinary volume
2022-11-25
2022-12-23
-6.0%
Ordinary volume
2023-02-03
2023-03-03
1.9%
Ordinary volume
2023-04-21
2023-05-19
4.2%
Ordinary volume
2023-08-25
2023-09-22
-1.0%
Ordinary volume
2023-09-22
2023-10-20
1.0%
Ordinary volume
2023-12-08
2024-01-05
5.4%
Ordinary volume
2024-02-23
2024-03-22
2.1%
Ordinary volume
2024-08-02
2024-08-30
-6.2%
Ordinary volume
2024-09-20
2024-10-18
9.4%
Ordinary volume
2024-10-18
2024-11-15
3.1%
Ordinary volume
2024-12-27
2025-01-24
-5.7%
Ordinary volume
2025-01-24
2025-02-21
1.0%
Ordinary volume
2025-04-25
2025-05-23
13.0%
Ordinary volume
2025-07-04
2025-08-01
0.3%
Ordinary volume
2025-08-08
2025-09-05
8.5%
Ordinary volume
2025-12-19
2026-01-16
-1.6%
Ordinary volume
2026-08-07
2026-09-04
-6.6%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-25
2021-09-24
-9.4%
High volume
2021-10-08
2022-01-07
19.7%
High volume
2022-03-25
2022-06-24
5.3%
High volume
2022-09-09
2022-12-09
8.1%
High volume
2023-02-17
2023-05-19
6.8%
High volume
2023-05-26
2023-08-25
5.7%
High volume
2023-09-15
2023-12-15
11.7%
High volume
2023-12-29
2024-03-29
-4.1%
High volume
2024-05-17
2024-08-16
-10.3%
High volume
2024-09-13
2024-12-13
7.7%
High volume
2025-03-28
2025-06-27
5.9%
High volume
2025-08-29
2025-11-28
-23.4%
High volume
2025-12-05
2026-03-06
-12.2%
High volume
2026-04-03
2026-07-03
-1.1%
Ordinary volume
2021-05-07
2021-08-06
6.7%
Ordinary volume
2021-09-10
2021-12-10
11.3%
Ordinary volume
2022-01-28
2022-04-29
1.2%
Ordinary volume
2022-11-25
2023-02-24
2.3%
Ordinary volume
2023-04-21
2023-07-21
5.3%
Ordinary volume
2023-08-25
2023-11-24
0.6%
Ordinary volume
2023-12-08
2024-03-08
4.8%
Ordinary volume
2024-08-02
2024-11-01
14.2%
Ordinary volume
2024-12-27
2025-03-28
-4.8%
Ordinary volume
2025-04-25
2025-07-25
17.6%
Ordinary volume
2025-08-08
2025-11-07
-12.0%
Ordinary volume
2025-12-19
2026-03-20
-22.0%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-30
2021-05-28
6.1%
High volume
2021-10-01
2021-10-29
23.0%
High volume
2022-01-21
2022-02-18
4.4%
High volume
2022-05-06
2022-06-03
8.5%
High volume
2022-06-17
2022-07-15
-4.9%
High volume
2022-08-05
2022-09-02
-6.2%
High volume
2022-09-16
2022-10-14
-5.6%
High volume
2022-10-14
2022-11-11
11.0%
High volume
2023-03-10
2023-04-07
11.9%
High volume
2023-08-11
2023-09-08
-2.9%
High volume
2023-09-08
2023-10-06
7.4%
High volume
2023-10-20
2023-11-17
1.0%
High volume
2024-01-05
2024-02-02
-4.0%
High volume
2024-02-02
2024-03-01
4.5%
High volume
2024-06-28
2024-07-26
0.0%
High volume
2024-08-30
2024-09-27
4.5%
High volume
2024-11-15
2024-12-13
-5.0%
High volume
2024-12-13
2025-01-10
0.3%
High volume
2025-01-17
2025-02-14
1.0%
High volume
2025-03-21
2025-04-18
-3.0%
High volume
2025-04-18
2025-05-16
17.9%
High volume
2025-05-23
2025-06-20
-1.0%
High volume
2025-09-12
2025-10-10
-14.3%
High volume
2025-11-28
2025-12-26
2.7%
High volume
2026-01-09
2026-02-06
-8.7%
High volume
2026-02-06
2026-03-06
-2.6%
High volume
2026-03-20
2026-04-17
6.3%
High volume
2026-04-24
2026-05-22
-1.7%
Ordinary volume
2021-04-23
2021-05-21
2.0%
Ordinary volume
2021-06-04
2021-07-02
8.8%
Ordinary volume
2021-07-09
2021-08-06
-2.5%
Ordinary volume
2021-09-24
2021-10-22
14.8%
Ordinary volume
2022-02-11
2022-03-11
0.8%
Ordinary volume
2022-04-08
2022-05-06
-5.9%
Ordinary volume
2022-06-10
2022-07-08
-5.5%
Ordinary volume
2022-07-29
2022-08-26
-12.4%
Ordinary volume
2022-12-02
2022-12-30
0.0%
Ordinary volume
2023-02-10
2023-03-10
0.0%
Ordinary volume
2023-04-14
2023-05-12
6.1%
Ordinary volume
2023-09-01
2023-09-29
7.0%
Ordinary volume
2023-10-06
2023-11-03
-4.1%
Ordinary volume
2023-11-24
2023-12-22
6.6%
Ordinary volume
2024-01-19
2024-02-16
-5.9%
Ordinary volume
2024-04-05
2024-05-03
-0.6%
Ordinary volume
2024-05-03
2024-05-31
4.6%
Ordinary volume
2024-06-14
2024-07-12
-1.2%
Ordinary volume
2024-07-12
2024-08-09
-8.1%
Ordinary volume
2024-08-09
2024-09-06
-2.4%
Ordinary volume
2024-11-22
2024-12-20
-1.9%
Ordinary volume
2025-01-10
2025-02-07
0.6%
Ordinary volume
2025-02-28
2025-03-28
0.6%
Ordinary volume
2025-04-04
2025-05-02
1.3%
Ordinary volume
2025-06-13
2025-07-11
0.0%
Ordinary volume
2025-08-01
2025-08-29
17.0%
Ordinary volume
2025-10-10
2025-11-07
-3.2%
Ordinary volume
2025-11-21
2025-12-19
0.7%
Ordinary volume
2026-02-20
2026-03-20
-14.4%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-30
2021-07-30
7.9%
High volume
2021-10-01
2021-12-31
27.2%
High volume
2022-01-21
2022-04-22
7.2%
High volume
2022-05-06
2022-08-05
-9.4%
High volume
2022-08-05
2022-11-04
0.0%
High volume
2023-03-10
2023-06-09
18.7%
High volume
2023-08-11
2023-11-10
2.9%
High volume
2024-01-05
2024-04-05
-3.1%
High volume
2024-06-28
2024-09-27
-1.0%
High volume
2024-11-15
2025-02-14
-5.3%
High volume
2025-03-21
2025-06-20
11.9%
High volume
2025-09-12
2025-12-12
-17.3%
High volume
2026-01-09
2026-04-10
-19.7%
High volume
2026-04-24
2026-07-24
-6.0%
Ordinary volume
2021-04-23
2021-07-23
4.2%
Ordinary volume
2021-09-24
2021-12-24
22.9%
Ordinary volume
2022-02-11
2022-05-13
6.9%
Ordinary volume
2022-06-10
2022-09-09
-12.9%
Ordinary volume
2022-12-02
2023-03-03
8.7%
Ordinary volume
2023-04-14
2023-07-14
6.1%
Ordinary volume
2023-09-01
2023-12-01
5.7%
Ordinary volume
2024-01-19
2024-04-19
-4.2%
Ordinary volume
2024-05-03
2024-08-02
-4.6%
Ordinary volume
2024-08-09
2024-11-08
20.2%
Ordinary volume
2024-11-22
2025-02-21
-0.6%
Ordinary volume
2025-02-28
2025-05-30
10.6%
Ordinary volume
2025-06-13
2025-09-12
13.0%
Ordinary volume
2025-10-10
2026-01-09
-4.2%
Ordinary volume
2026-02-20
2026-05-22
-12.7%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 10.90
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 price11.21
Earlier activity area10.74 โ 13.31
Recent volume balance-66.4%
Recent weekly volume1.41ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
14.47
49029
2025-10-24
14.61
14200
2025-10-31
14.33
17524
2025-11-07
14.24
7057
2025-11-14
14.33
128216
2025-11-21
14.24
32001
2025-11-28
13.91
81770
2025-12-05
14.28
97152
2025-12-12
14.19
9331
2025-12-19
14.33
35882
2025-12-26
14.28
12628
2026-01-02
14.43
13444
2026-01-09
14.10
57001
2026-01-16
14.10
27883
2026-01-23
13.39
55784
2026-01-30
13.15
113013
2026-02-06
12.87
80618
2026-02-13
13.20
69752
2026-02-20
13.06
52741
2026-02-27
13.06
42480
2026-03-06
12.54
44193
2026-03-13
12.49
23957
2026-03-20
11.17
123959
2026-03-27
11.08
71484
2026-04-03
11.17
73250
2026-04-10
11.31
76761
2026-04-17
11.88
89950
2026-04-24
11.60
114804
2026-05-01
11.55
156683
2026-05-08
11.40
149730
2026-05-15
11.10
208128
2026-05-22
11.40
88648
2026-05-29
11.40
56140
2026-06-05
10.80
5273
2026-06-12
11.25
29068
2026-06-19
11.05
23184
2026-06-26
11.00
20571
2026-07-03
11.05
26732
2026-07-10
11.10
7038
2026-07-17
11.00
1591
2026-07-24
10.90
26620
2026-07-31
11.10
28585
2026-08-07
12.10
48339
2026-08-14
11.60
9758
2026-08-21
11.20
7893
2026-08-28
11.45
9216
2026-09-04
11.30
6031
2026-09-11
11.40
137452
2026-09-18
11.20
97927
2026-09-25
11.05
72039
2026-10-02
10.95
46886
2026-10-09
10.90
49982
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -9.77% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -4.39% over four weeks. Volume balance is -66.4% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 1.41ร 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
20
0.01
Available
13 weeks
11
1.33
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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