The latest close is inside the activity area established before the last four weeks. 2 of those four closes were inside that area. Recent volume balance is positive; the estimated activity centre is lower.
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 move3.3%-7.2% over thirteen weeks
Latest relative volume2.14ร7.27ร recent four-week median
Closing pressure28.3%Volume-weighted position within weekly ranges
Up-week volume share37.8%62.2% 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
14.1%
40.1%
1.91ร
2025-10-10
7.3%
-7.6%
2.55ร
2025-10-17
9.9%
1.6%
1.26ร
2025-10-24
20.4%
-5.6%
1.81ร
2025-10-31
-4.5%
-25.1%
0.37ร
2025-11-07
-0.9%
26.4%
0.67ร
2025-11-14
1.6%
9.4%
0.42ร
2025-11-21
5.8%
61.5%
0.42ร
2025-11-28
14.9%
21.5%
0.69ร
2025-12-05
9.1%
14.9%
0.23ร
2025-12-12
2.3%
-20.9%
0.40ร
2025-12-19
2.8%
-3.8%
0.79ร
2025-12-26
1.2%
36.0%
0.19ร
2026-01-02
3.5%
42.1%
0.26ร
2026-01-09
6.7%
56.3%
1.44ร
2026-01-16
0.6%
-4.8%
1.37ร
2026-01-23
-2.3%
-13.0%
0.23ร
2026-01-30
0.7%
-9.8%
0.04ร
2026-02-06
-0.5%
17.3%
4.68ร
2026-02-13
5.4%
49.9%
1.56ร
2026-02-20
5.9%
47.5%
0.22ร
2026-02-27
7.4%
47.2%
0.48ร
2026-03-06
0.1%
12.9%
1.21ร
2026-03-13
-7.0%
-45.1%
0.46ร
2026-03-20
-9.3%
-47.1%
0.42ร
2026-03-27
-8.6%
-10.7%
1.38ร
2026-04-03
3.5%
30.5%
0.35ร
2026-04-10
7.8%
45.4%
1.12ร
2026-04-17
11.1%
81.7%
2.00ร
2026-04-24
1.7%
59.1%
0.59ร
2026-05-01
-5.5%
52.3%
0.48ร
2026-05-08
-10.2%
39.0%
0.79ร
2026-05-15
-10.2%
-45.6%
0.63ร
2026-05-22
-1.5%
17.8%
5.19ร
2026-05-29
-2.4%
4.7%
3.57ร
2026-06-05
3.5%
12.5%
3.01ร
2026-06-12
-0.6%
14.7%
0.39ร
2026-06-19
-5.6%
-6.2%
0.00ร
2026-06-26
5.5%
13.6%
1.52ร
2026-07-03
13.4%
4.4%
0.06ร
2026-07-10
0.0%
-6.2%
1.20ร
2026-07-17
0.2%
-1.3%
2.63ร
2026-07-24
-7.6%
-10.0%
0.22ร
2026-07-31
-16.3%
-10.8%
0.06ร
2026-08-07
-4.6%
21.5%
0.69ร
2026-08-14
-6.8%
53.9%
0.38ร
2026-08-21
-1.3%
77.2%
1.55ร
2026-08-28
-1.9%
-44.1%
13.37ร
2026-09-04
1.1%
-42.8%
9.26ร
2026-09-11
4.1%
-38.2%
5.27ร
2026-09-18
0.3%
-4.2%
13.73ร
2026-09-25
3.3%
28.3%
2.14ร
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: 85% of the way from the weekly low to high.
Volume-weighted return tilt
0.62 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
47.9 / 100
Price direction15.0 / 30
Closing pressure8.5 / 30
Up-week volume9.5 / 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
8
0.2%
8
8.3%
-8.1 points
Advancing weeks
13 weeks
4
โ
5
โ
Limited sample
Declining weeks
4 weeks
10
โ
5
โ
Limited sample
Declining weeks
13 weeks
5
โ
3
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
2024-11-29
2024-12-27
4.5%
High volume
2024-12-27
2025-01-24
3.1%
High volume
2025-02-07
2025-03-07
9.5%
High volume
2025-10-03
2025-10-31
-4.5%
High volume
2026-02-06
2026-03-06
0.1%
High volume
2026-05-22
2026-06-19
-5.6%
High volume
2026-06-26
2026-07-24
-7.6%
High volume
2026-08-21
2026-09-18
0.3%
Ordinary volume
2025-01-24
2025-02-21
11.8%
Ordinary volume
2025-03-07
2025-04-04
-3.1%
Ordinary volume
2025-05-16
2025-06-13
10.0%
Ordinary volume
2025-07-04
2025-08-01
17.7%
Ordinary volume
2025-08-01
2025-08-29
6.7%
Ordinary volume
2025-09-19
2025-10-17
9.9%
Ordinary volume
2025-12-19
2026-01-16
0.6%
Ordinary volume
2026-04-10
2026-05-08
-10.2%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2024-11-29
2025-02-28
23.3%
High volume
2025-10-03
2026-01-02
8.8%
High volume
2026-02-06
2026-05-08
-6.0%
High volume
2026-05-22
2026-08-21
-5.2%
Ordinary volume
2025-01-24
2025-04-25
3.2%
Ordinary volume
2025-05-16
2025-08-15
27.2%
Ordinary volume
2025-08-22
2025-11-21
28.3%
Ordinary volume
2025-12-19
2026-03-20
-4.9%
Ordinary volume
2026-04-10
2026-07-10
-11.3%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2024-12-06
2025-01-03
6.8%
High volume
2025-01-17
2025-02-14
10.9%
High volume
2025-04-11
2025-05-09
-11.6%
High volume
2025-07-18
2025-08-15
15.0%
High volume
2025-09-26
2025-10-24
20.4%
High volume
2025-10-24
2025-11-21
5.8%
High volume
2026-04-17
2026-05-15
-10.2%
High volume
2026-05-29
2026-06-26
5.5%
High volume
2026-07-17
2026-08-14
-6.8%
High volume
2026-08-28
2026-09-25
3.3%
Ordinary volume
2025-04-18
2025-05-16
2.3%
Ordinary volume
2025-08-08
2025-09-05
15.9%
Ordinary volume
2026-03-06
2026-04-03
3.5%
Ordinary volume
2026-05-08
2026-06-05
3.5%
Ordinary volume
2026-07-10
2026-08-07
-4.6%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2024-12-06
2025-03-07
29.0%
High volume
2025-04-11
2025-07-11
2.6%
High volume
2025-07-18
2025-10-17
46.4%
High volume
2025-10-24
2026-01-23
7.7%
High volume
2026-04-17
2026-07-17
-11.9%
Ordinary volume
2025-04-18
2025-07-18
13.2%
Ordinary volume
2025-08-08
2025-11-07
27.4%
Ordinary volume
2026-03-06
2026-06-05
-2.7%
Price, activity and volume balance
Where volume is concentrated
2026-09-25Close 67,400.00
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 price65,235.98
Earlier activity area64,880.78 โ 73,405.71
Recent volume balance28.3%
Recent weekly volume5.37ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-03
64,824.53
5231
2025-10-10
62,999.54
6998
2025-10-17
65,324.52
3465
2025-10-24
65,249.53
4963
2025-10-31
61,899.55
1036
2025-11-07
62,449.55
1872
2025-11-14
66,349.52
1159
2025-11-21
69,024.50
1111
2025-11-28
71,124.48
1730
2025-12-05
68,149.51
513
2025-12-12
67,849.51
897
2025-12-19
70,974.48
1773
2025-12-26
71,974.48
425
2026-01-02
70,524.48
519
2026-01-09
72,374.48
2616
2026-01-16
71,399.48
2740
2026-01-23
70,299.49
455
2026-01-30
71,024.48
79
2026-02-06
72,049.48
8205
2026-02-13
75,274.45
2733
2026-02-20
74,425.00
398
2026-02-27
76,275.00
847
2026-03-06
72,100.00
1859
2026-03-13
70,000.00
797
2026-03-20
67,500.00
730
2026-03-27
69,725.00
1995
2026-04-03
74,600.00
507
2026-04-10
75,425.00
1276
2026-04-17
74,975.00
2266
2026-04-24
70,875.00
664
2026-05-01
70,525.00
519
2026-05-08
67,750.00
789
2026-05-15
67,325.00
549
2026-05-22
69,825.00
4265
2026-05-29
68,850.00
2931
2026-06-05
70,125.00
2476
2026-06-12
66,925.00
343
2026-06-19
65,900.00
3
2026-06-26
72,625.00
1207
2026-07-03
79,499.12
48
2026-07-10
66,906.57
988
2026-07-17
66,058.66
2161
2026-07-24
67,098.35
179
2026-07-31
66,552.87
51
2026-08-07
63,825.00
568
2026-08-14
61,550.00
300
2026-08-21
66,225.00
1178
2026-08-28
65,275.00
10599
2026-09-04
64,550.00
7346
2026-09-11
64,050.00
4177
2026-09-18
66,400.00
12197
2026-09-25
67,400.00
2318
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -4.10% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +3.26% over four weeks. Volume balance is +28.3% on a scale from โ100% to +100%.
Volume and price movement
More volume, limited price progress
Recent median weekly volume is 5.37ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
2 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
4
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. 190 invalid records were excluded from the available history.
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