The latest close is below the activity area established before the last four weeks. 4 of those four closes were below that area. Recent volume balance is positive; the estimated activity centre is lower. The four-week price move and estimated closing pressure point in different directions.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 2026-10-09
Priceโpressure disagreement
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-2.8%-8.0% over thirteen weeks
Latest relative volume2.10ร2.12ร recent four-week median
Closing pressure22.6%Volume-weighted position within weekly ranges
Up-week volume share35.5%64.5% 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
2025-10-17
-2.1%
-36.2%
2.75ร
2025-10-24
0.5%
-19.2%
1.52ร
2025-10-31
-0.3%
-30.1%
1.12ร
2025-11-07
0.7%
2.0%
1.11ร
2025-11-14
1.4%
27.1%
0.75ร
2025-11-21
-0.7%
20.8%
1.80ร
2025-11-28
0.9%
28.2%
0.72ร
2025-12-05
0.6%
12.1%
0.72ร
2025-12-12
0.5%
23.2%
1.12ร
2025-12-19
0.9%
-0.7%
0.85ร
2025-12-26
0.5%
4.7%
0.76ร
2026-01-02
0.0%
-9.0%
1.32ร
2026-01-09
1.2%
2.8%
1.08ร
2026-01-16
1.9%
16.0%
0.82ร
2026-01-23
0.9%
1.6%
0.81ร
2026-01-30
1.9%
31.4%
0.66ร
2026-02-06
1.3%
8.8%
0.71ร
2026-02-13
0.9%
-14.5%
0.90ร
2026-02-20
1.0%
-16.0%
0.43ร
2026-02-27
-0.5%
-56.0%
0.68ร
2026-03-06
-2.2%
-80.0%
0.93ร
2026-03-13
-4.0%
-85.0%
1.05ร
2026-03-20
-5.7%
-96.0%
0.75ร
2026-03-27
-5.4%
-95.5%
0.85ร
2026-04-03
-1.6%
-50.4%
1.16ร
2026-04-10
2.1%
-8.2%
1.10ร
2026-04-17
4.6%
37.7%
1.23ร
2026-04-24
5.2%
55.4%
0.86ร
2026-05-01
3.3%
56.9%
0.92ร
2026-05-08
1.5%
45.5%
0.79ร
2026-05-15
-2.0%
-15.2%
1.09ร
2026-05-22
-1.4%
7.8%
0.93ร
2026-05-29
-0.6%
3.6%
0.88ร
2026-06-05
-1.4%
-10.2%
0.99ร
2026-06-12
0.6%
33.2%
0.89ร
2026-06-19
-0.8%
-4.1%
1.01ร
2026-06-26
-2.2%
-21.4%
1.14ร
2026-07-03
-0.2%
4.6%
0.94ร
2026-07-10
-0.6%
-26.8%
0.84ร
2026-07-17
-0.3%
-26.2%
1.44ร
2026-07-24
-1.2%
-38.5%
0.95ร
2026-07-31
-2.2%
-36.7%
1.09ร
2026-08-07
-0.5%
-2.9%
0.97ร
2026-08-14
-1.1%
-0.5%
1.57ร
2026-08-21
-2.2%
-8.0%
2.25ร
2026-08-28
-2.3%
-11.9%
1.22ร
2026-09-04
-3.6%
-32.6%
0.91ร
2026-09-11
-3.7%
-43.0%
0.97ร
2026-09-18
-1.4%
6.1%
2.08ร
2026-09-25
-5.1%
-20.3%
2.63ร
2026-10-02
-3.7%
-1.3%
1.74ร
2026-10-09
-2.8%
22.6%
2.10ร
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
55% 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: 77% of the way from the weekly low to high.
Volume-weighted return tilt
-0.20 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
15.7 / 100
Price direction0.0 / 30
Closing pressure6.8 / 30
Up-week volume8.9 / 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
9
1.0%
48
-0.1%
1.1 points
Advancing weeks
13 weeks
6
โ
19
โ
Limited sample
Declining weeks
4 weeks
15
-0.3%
42
0.2%
-0.4 points
Declining weeks
13 weeks
10
3.2%
18
1.0%
2.2 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
2022-07-15
2022-08-12
13.5%
High volume
2023-01-20
2023-02-17
0.8%
High volume
2024-07-12
2024-08-09
0.8%
High volume
2024-08-30
2024-09-27
1.4%
High volume
2025-01-17
2025-02-14
1.3%
High volume
2025-04-11
2025-05-09
7.0%
High volume
2025-07-18
2025-08-15
1.0%
High volume
2025-09-12
2025-10-10
-2.7%
High volume
2025-10-24
2025-11-21
-0.7%
Ordinary volume
2021-04-23
2021-05-21
1.9%
Ordinary volume
2021-05-21
2021-06-18
1.2%
Ordinary volume
2021-07-23
2021-08-20
-0.3%
Ordinary volume
2021-08-27
2021-09-24
0.4%
Ordinary volume
2021-10-22
2021-11-19
-1.9%
Ordinary volume
2021-12-10
2022-01-07
-2.2%
Ordinary volume
2022-02-04
2022-03-04
-3.7%
Ordinary volume
2022-03-18
2022-04-15
2.9%
Ordinary volume
2022-05-20
2022-06-17
-5.8%
Ordinary volume
2022-07-29
2022-08-26
5.3%
Ordinary volume
2022-08-26
2022-09-23
-6.9%
Ordinary volume
2022-10-07
2022-11-04
-1.1%
Ordinary volume
2022-11-04
2022-12-02
2.8%
Ordinary volume
2022-12-02
2022-12-30
-3.7%
Ordinary volume
2023-01-06
2023-02-03
5.8%
Ordinary volume
2023-02-03
2023-03-03
0.4%
Ordinary volume
2023-03-03
2023-03-31
-3.1%
Ordinary volume
2023-03-31
2023-04-28
1.8%
Ordinary volume
2023-04-28
2023-05-26
-3.7%
Ordinary volume
2023-06-16
2023-07-14
1.0%
Ordinary volume
2023-07-14
2023-08-11
3.1%
Ordinary volume
2023-09-01
2023-09-29
-2.0%
Ordinary volume
2023-10-13
2023-11-10
0.9%
Ordinary volume
2023-11-17
2023-12-15
4.2%
Ordinary volume
2023-12-15
2024-01-12
-0.4%
Ordinary volume
2024-01-26
2024-02-23
0.2%
Ordinary volume
2024-03-01
2024-03-29
2.8%
Ordinary volume
2024-03-29
2024-04-26
-2.2%
Ordinary volume
2024-05-17
2024-06-14
-2.7%
Ordinary volume
2024-07-26
2024-08-23
2.9%
Ordinary volume
2024-08-23
2024-09-20
1.2%
Ordinary volume
2024-09-20
2024-10-18
-0.8%
Ordinary volume
2024-11-01
2024-11-29
-0.5%
Ordinary volume
2024-12-06
2025-01-03
-0.4%
Ordinary volume
2025-01-10
2025-02-07
1.2%
Ordinary volume
2025-02-28
2025-03-28
-0.7%
Ordinary volume
2025-04-18
2025-05-16
5.5%
Ordinary volume
2025-06-13
2025-07-11
2.2%
Ordinary volume
2025-08-01
2025-08-29
-3.0%
Ordinary volume
2025-11-07
2025-12-05
0.6%
Ordinary volume
2025-12-26
2026-01-23
0.9%
Ordinary volume
2026-01-23
2026-02-20
1.0%
Ordinary volume
2026-04-03
2026-05-01
3.3%
Ordinary volume
2026-05-01
2026-05-29
-0.6%
Ordinary volume
2026-05-29
2026-06-26
-2.2%
Ordinary volume
2026-07-03
2026-07-31
-2.2%
Ordinary volume
2026-07-31
2026-08-28
-2.3%
Ordinary volume
2026-08-28
2026-09-25
-5.1%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-07-15
2022-10-14
0.5%
High volume
2023-01-20
2023-04-21
0.8%
High volume
2024-07-12
2024-10-11
4.1%
High volume
2025-01-17
2025-04-18
-4.2%
High volume
2025-07-18
2025-10-17
-5.5%
High volume
2025-10-24
2026-01-23
2.2%
Ordinary volume
2021-04-23
2021-07-23
3.2%
Ordinary volume
2021-07-23
2021-10-22
4.1%
Ordinary volume
2021-10-22
2022-01-21
-10.3%
Ordinary volume
2022-02-04
2022-05-06
-5.9%
Ordinary volume
2022-05-20
2022-08-19
11.5%
Ordinary volume
2022-08-26
2022-11-25
-6.0%
Ordinary volume
2022-12-02
2023-03-03
4.6%
Ordinary volume
2023-03-03
2023-06-02
-1.8%
Ordinary volume
2023-06-16
2023-09-15
3.9%
Ordinary volume
2023-10-13
2024-01-12
7.8%
Ordinary volume
2024-01-26
2024-04-26
3.2%
Ordinary volume
2024-05-17
2024-08-16
-0.9%
Ordinary volume
2024-08-16
2024-11-15
1.8%
Ordinary volume
2024-12-06
2025-03-07
1.5%
Ordinary volume
2025-04-18
2025-07-18
9.1%
Ordinary volume
2025-08-01
2025-10-31
-4.5%
Ordinary volume
2025-11-07
2026-02-06
2.8%
Ordinary volume
2026-02-13
2026-05-15
-3.1%
Ordinary volume
2026-05-22
2026-08-21
-4.2%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-31
2022-01-28
-8.3%
High volume
2022-01-28
2022-02-25
-2.5%
High volume
2022-06-17
2022-07-15
7.0%
High volume
2022-09-30
2022-10-28
1.0%
High volume
2023-02-17
2023-03-17
-4.0%
High volume
2023-10-06
2023-11-03
3.0%
High volume
2024-05-31
2024-06-28
-0.3%
High volume
2024-10-04
2024-11-01
-0.6%
High volume
2024-12-13
2025-01-10
0.2%
High volume
2025-04-04
2025-05-02
7.4%
High volume
2025-08-15
2025-09-12
-2.9%
High volume
2025-09-19
2025-10-17
-2.1%
High volume
2025-10-17
2025-11-14
1.4%
High volume
2025-11-21
2025-12-19
0.9%
High volume
2026-08-14
2026-09-11
-3.7%
Ordinary volume
2021-06-18
2021-07-16
-0.5%
Ordinary volume
2021-07-16
2021-08-13
2.1%
Ordinary volume
2021-09-17
2021-10-15
0.3%
Ordinary volume
2021-10-15
2021-11-12
1.2%
Ordinary volume
2021-11-12
2021-12-10
-1.0%
Ordinary volume
2021-12-17
2022-01-14
-3.8%
Ordinary volume
2022-02-11
2022-03-11
-4.9%
Ordinary volume
2022-03-11
2022-04-08
5.9%
Ordinary volume
2022-04-15
2022-05-13
-8.2%
Ordinary volume
2022-06-10
2022-07-08
-2.3%
Ordinary volume
2022-08-19
2022-09-16
-0.6%
Ordinary volume
2022-09-16
2022-10-14
-8.6%
Ordinary volume
2022-10-14
2022-11-11
6.0%
Ordinary volume
2022-12-09
2023-01-06
1.2%
Ordinary volume
2023-01-27
2023-02-24
0.3%
Ordinary volume
2023-02-24
2023-03-24
-4.6%
Ordinary volume
2023-03-24
2023-04-21
5.4%
Ordinary volume
2023-05-12
2023-06-09
-0.5%
Ordinary volume
2023-06-09
2023-07-07
0.1%
Ordinary volume
2023-08-11
2023-09-08
0.6%
Ordinary volume
2023-09-15
2023-10-13
0.0%
Ordinary volume
2023-10-20
2023-11-17
8.8%
Ordinary volume
2024-01-19
2024-02-16
2.0%
Ordinary volume
2024-02-16
2024-03-15
3.7%
Ordinary volume
2024-04-19
2024-05-17
1.3%
Ordinary volume
2024-05-24
2024-06-21
-2.3%
Ordinary volume
2024-06-21
2024-07-19
0.4%
Ordinary volume
2024-07-19
2024-08-16
1.7%
Ordinary volume
2024-09-06
2024-10-04
1.7%
Ordinary volume
2024-10-25
2024-11-22
0.4%
Ordinary volume
2024-11-29
2024-12-27
-1.7%
Ordinary volume
2024-12-27
2025-01-24
3.8%
Ordinary volume
2025-02-21
2025-03-21
0.1%
Ordinary volume
2025-03-21
2025-04-18
-4.4%
Ordinary volume
2025-05-30
2025-06-27
3.3%
Ordinary volume
2025-10-31
2025-11-28
0.9%
Ordinary volume
2025-12-12
2026-01-09
1.2%
Ordinary volume
2026-03-06
2026-04-03
-1.6%
Ordinary volume
2026-04-24
2026-05-22
-1.4%
Ordinary volume
2026-06-05
2026-07-03
-0.2%
Ordinary volume
2026-07-10
2026-08-07
-0.5%
Ordinary volume
2026-09-04
2026-10-02
-3.7%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-31
2022-04-01
-7.7%
High volume
2022-06-17
2022-09-16
17.7%
High volume
2022-09-30
2022-12-30
2.3%
High volume
2023-02-17
2023-05-19
-1.8%
High volume
2023-10-06
2024-01-05
7.0%
High volume
2024-05-31
2024-08-30
4.5%
High volume
2024-10-04
2025-01-03
-0.3%
High volume
2025-04-04
2025-07-04
12.3%
High volume
2025-08-15
2025-11-14
-5.1%
High volume
2025-11-21
2026-02-20
4.0%
Ordinary volume
2021-06-18
2021-09-17
1.9%
Ordinary volume
2021-09-17
2021-12-17
0.4%
Ordinary volume
2021-12-17
2022-03-18
-13.0%
Ordinary volume
2022-04-15
2022-07-15
-6.9%
Ordinary volume
2022-08-19
2022-11-18
-4.2%
Ordinary volume
2022-12-09
2023-03-10
4.9%
Ordinary volume
2023-03-10
2023-06-09
-0.4%
Ordinary volume
2023-06-09
2023-09-08
5.4%
Ordinary volume
2023-09-15
2023-12-15
8.3%
Ordinary volume
2024-01-19
2024-04-19
3.0%
Ordinary volume
2024-04-19
2024-07-19
-1.3%
Ordinary volume
2024-07-19
2024-10-18
4.2%
Ordinary volume
2024-10-25
2025-01-24
2.3%
Ordinary volume
2025-02-21
2025-05-23
0.2%
Ordinary volume
2025-05-30
2025-08-29
1.6%
Ordinary volume
2025-10-31
2026-01-30
2.9%
Ordinary volume
2026-03-06
2026-06-05
0.4%
Ordinary volume
2026-06-05
2026-09-04
-5.2%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 11.27
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 price12.28
Earlier activity area12.04 โ 12.55
Recent volume balance22.6%
Recent weekly volume2.06ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
12.08
2243997
2025-10-24
12.27
1371736
2025-10-31
12.26
1311762
2025-11-07
12.29
1484423
2025-11-14
12.25
1067979
2025-11-21
12.18
2566824
2025-11-28
12.38
1142085
2025-12-05
12.37
1140120
2025-12-12
12.32
1761418
2025-12-19
12.29
1449066
2025-12-26
12.44
1292832
2026-01-02
12.37
2240022
2026-01-09
12.46
1866323
2026-01-16
12.53
1438671
2026-01-23
12.54
1393488
2026-01-30
12.61
1142255
2026-02-06
12.63
1226498
2026-02-13
12.64
1551682
2026-02-20
12.67
707787
2026-02-27
12.55
1033142
2026-03-06
12.35
1369968
2026-03-13
12.14
1519884
2026-03-20
11.95
1082339
2026-03-27
11.87
1199337
2026-04-03
12.16
1607040
2026-04-10
12.39
1520591
2026-04-17
12.50
1703039
2026-04-24
12.49
1182571
2026-05-01
12.56
1275939
2026-05-08
12.57
1091550
2026-05-15
12.25
1446036
2026-05-22
12.32
1287241
2026-05-29
12.49
1177674
2026-06-05
12.40
1324215
2026-06-12
12.32
1205327
2026-06-19
12.22
1318658
2026-06-26
12.22
1486109
2026-07-03
12.38
1243389
2026-07-10
12.25
1092326
2026-07-17
12.18
1844473
2026-07-24
12.07
1223466
2026-07-31
12.11
1371770
2026-08-07
12.19
1237534
2026-08-14
12.04
2013196
2026-08-21
11.80
2889033
2026-08-28
11.83
1593008
2026-09-04
11.75
1207310
2026-09-11
11.60
1259209
2026-09-18
11.64
2666957
2026-09-25
11.23
3426716
2026-10-02
11.32
2305642
2026-10-09
11.27
2776099
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -7.53% against the earlier part of this period.
Price and volume
Disagreement
Price changed -2.80% over four weeks. Volume balance is +22.6% on a scale from โ100% to +100%.
Volume and price movement
More volume, limited price progress
Recent median weekly volume is 2.06ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 of 4 closes below
Price was below 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 below 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
Price and recent volume balance currently disagree. Check whether they move in the same direction in later weeks.
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
3
โ
Too few examples
13 weeks
2
โ
Too few examples
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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