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 weeks2025-10-03 to 2026-09-25Weekly volume estimate
The relationship beneath price ยท 2026-09-25
Mixed evidence
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-0.3%-4.9% over thirteen weeks
Latest relative volume0.35ร0.31ร recent four-week median
Closing pressure-21.2%Volume-weighted position within weekly ranges
Up-week volume share75.6%24.4% 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
-7.0%
-12.8%
1.45ร
2025-10-10
5.2%
15.0%
1.16ร
2025-10-17
-3.4%
8.1%
0.22ร
2025-10-24
10.4%
44.5%
5.75ร
2025-10-31
9.6%
43.2%
2.31ร
2025-11-07
-8.8%
29.6%
0.74ร
2025-11-14
-1.6%
25.4%
0.91ร
2025-11-21
-21.1%
-42.0%
0.67ร
2025-11-28
-8.4%
-28.9%
0.37ร
2025-12-05
1.4%
-24.0%
1.71ร
2025-12-12
-4.5%
-29.9%
0.27ร
2025-12-19
4.0%
-45.6%
5.73ร
2025-12-26
2.7%
-51.5%
2.61ร
2026-01-02
-6.7%
-61.2%
1.87ร
2026-01-09
-0.4%
-54.9%
2.72ร
2026-01-16
2.6%
-34.8%
10.28ร
2026-01-23
5.7%
-10.8%
2.86ร
2026-01-30
11.3%
-3.0%
3.75ร
2026-02-06
12.7%
6.1%
4.37ร
2026-02-13
-1.1%
-2.5%
5.54ร
2026-02-20
-2.8%
-36.3%
5.80ร
2026-02-27
12.8%
-17.0%
3.63ร
2026-03-06
15.3%
-37.1%
20.68ร
2026-03-13
19.0%
-30.6%
11.83ร
2026-03-20
20.9%
-19.6%
2.59ร
2026-03-27
12.5%
-20.8%
1.63ร
2026-04-03
5.5%
2.0%
1.00ร
2026-04-10
1.1%
31.9%
2.04ร
2026-04-17
-11.3%
8.8%
0.56ร
2026-04-24
-13.9%
-14.8%
0.82ร
2026-05-01
-10.9%
-20.1%
0.47ร
2026-05-08
-4.9%
-23.5%
0.25ร
2026-05-15
6.2%
-3.6%
0.39ร
2026-05-22
0.8%
8.6%
0.22ร
2026-05-29
-1.3%
3.4%
0.58ร
2026-06-05
-5.7%
-17.0%
0.38ร
2026-06-12
-5.5%
-14.2%
1.33ร
2026-06-19
-12.9%
-31.6%
0.25ร
2026-06-26
-7.6%
-21.7%
0.32ร
2026-07-03
1.8%
2.2%
0.29ร
2026-07-10
3.1%
17.1%
0.89ร
2026-07-17
17.3%
50.0%
0.78ร
2026-07-24
5.8%
36.1%
0.27ร
2026-07-31
0.5%
31.6%
0.15ร
2026-08-07
-1.4%
26.1%
0.20ร
2026-08-14
-7.7%
-36.6%
0.10ร
2026-08-21
0.8%
8.1%
0.12ร
2026-08-28
-8.0%
-43.3%
0.57ร
2026-09-04
-6.0%
-43.9%
0.90ร
2026-09-11
-0.5%
-29.1%
0.37ร
2026-09-18
-1.6%
-34.2%
0.09ร
2026-09-25
-0.3%
-21.2%
0.35ร
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
1% 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: 0% of the way from the weekly low to high.
Volume-weighted return tilt
1.35 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
18.9 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume18.9 / 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
24
-3.3%
24
-1.3%
-2.0 points
Advancing weeks
13 weeks
13
-4.7%
15
-2.3%
-2.4 points
Declining weeks
4 weeks
27
-1.0%
18
-0.5%
-0.5 points
Declining weeks
13 weeks
13
-0.3%
12
-3.7%
3.4 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
-11.9%
High volume
2021-10-01
2021-10-29
8.8%
High volume
2022-01-28
2022-02-25
-1.1%
High volume
2022-02-25
2022-03-25
131.3%
High volume
2022-04-15
2022-05-13
-22.1%
High volume
2022-06-03
2022-07-01
-16.2%
High volume
2023-04-07
2023-05-05
-3.9%
High volume
2023-07-14
2023-08-11
14.6%
High volume
2023-09-29
2023-10-27
-2.3%
High volume
2024-04-05
2024-05-03
-13.9%
High volume
2024-05-31
2024-06-28
-6.0%
High volume
2024-08-16
2024-09-13
3.9%
High volume
2024-10-04
2024-11-01
-12.0%
High volume
2024-11-29
2024-12-27
-4.0%
High volume
2025-01-10
2025-02-07
-8.9%
High volume
2025-02-07
2025-03-07
-2.7%
High volume
2025-06-13
2025-07-11
0.3%
High volume
2025-07-18
2025-08-15
-7.2%
High volume
2025-08-22
2025-09-19
1.6%
High volume
2025-10-24
2025-11-21
-21.1%
High volume
2025-12-05
2026-01-02
-6.7%
High volume
2026-01-09
2026-02-06
12.7%
High volume
2026-02-06
2026-03-06
15.3%
High volume
2026-03-06
2026-04-03
5.5%
Ordinary volume
2021-05-28
2021-06-25
7.5%
Ordinary volume
2021-07-30
2021-08-27
1.1%
Ordinary volume
2021-09-24
2021-10-22
20.5%
Ordinary volume
2022-01-14
2022-02-11
2.5%
Ordinary volume
2022-02-11
2022-03-11
143.4%
Ordinary volume
2022-05-27
2022-06-24
-2.6%
Ordinary volume
2022-10-28
2022-11-25
-12.3%
Ordinary volume
2023-03-17
2023-04-14
4.2%
Ordinary volume
2023-05-05
2023-06-02
-5.5%
Ordinary volume
2023-08-25
2023-09-22
-7.5%
Ordinary volume
2023-11-24
2023-12-22
-11.6%
Ordinary volume
2024-01-05
2024-02-02
-1.7%
Ordinary volume
2024-02-09
2024-03-08
-11.5%
Ordinary volume
2024-03-15
2024-04-12
34.5%
Ordinary volume
2024-05-10
2024-06-07
-1.8%
Ordinary volume
2024-06-28
2024-07-26
-1.2%
Ordinary volume
2024-08-23
2024-09-20
-3.4%
Ordinary volume
2024-09-27
2024-10-25
-1.3%
Ordinary volume
2024-12-27
2025-01-24
8.9%
Ordinary volume
2025-05-30
2025-06-27
12.8%
Ordinary volume
2025-08-29
2025-09-26
-0.6%
Ordinary volume
2025-10-10
2025-11-07
-8.8%
Ordinary volume
2026-04-24
2026-05-22
0.8%
Ordinary volume
2026-07-10
2026-08-07
-1.4%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-25
2021-09-24
-10.6%
High volume
2021-10-01
2021-12-31
-5.5%
High volume
2022-01-28
2022-04-29
55.8%
High volume
2022-06-03
2022-09-02
-4.7%
High volume
2023-04-07
2023-07-07
-38.9%
High volume
2023-07-14
2023-10-13
10.8%
High volume
2023-10-13
2024-01-12
-9.9%
High volume
2024-04-05
2024-07-05
-18.5%
High volume
2024-08-16
2024-11-15
3.4%
High volume
2024-11-29
2025-02-28
0.2%
High volume
2025-06-13
2025-09-12
3.5%
High volume
2025-10-24
2026-01-23
-12.3%
High volume
2026-01-23
2026-04-24
9.5%
Ordinary volume
2021-05-28
2021-08-27
-1.5%
Ordinary volume
2021-09-24
2021-12-24
1.8%
Ordinary volume
2022-01-14
2022-04-15
120.1%
Ordinary volume
2022-05-27
2022-08-26
16.4%
Ordinary volume
2022-10-28
2023-01-27
-17.1%
Ordinary volume
2023-03-17
2023-06-16
-8.4%
Ordinary volume
2023-08-25
2023-11-24
-10.5%
Ordinary volume
2023-11-24
2024-02-23
-10.1%
Ordinary volume
2024-03-15
2024-06-14
-4.2%
Ordinary volume
2024-06-28
2024-09-27
5.2%
Ordinary volume
2024-09-27
2024-12-27
-3.7%
Ordinary volume
2024-12-27
2025-03-28
4.0%
Ordinary volume
2025-05-30
2025-08-29
25.8%
Ordinary volume
2025-08-29
2025-11-28
-11.4%
Ordinary volume
2026-04-24
2026-07-24
-2.3%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-02
2021-07-30
-6.6%
High volume
2021-10-15
2021-11-12
-5.3%
High volume
2021-11-19
2021-12-17
-7.1%
High volume
2022-02-04
2022-03-04
62.2%
High volume
2022-03-25
2022-04-22
-25.7%
High volume
2022-04-22
2022-05-20
-16.2%
High volume
2022-05-20
2022-06-17
-6.9%
High volume
2022-06-17
2022-07-15
11.2%
High volume
2022-12-02
2022-12-30
-14.4%
High volume
2023-06-30
2023-07-28
8.9%
High volume
2023-09-01
2023-09-29
2.4%
High volume
2023-10-20
2023-11-17
-13.3%
High volume
2023-12-22
2024-01-19
5.7%
High volume
2024-04-19
2024-05-17
4.5%
High volume
2024-05-24
2024-06-21
-4.3%
High volume
2024-08-09
2024-09-06
6.9%
High volume
2024-10-11
2024-11-08
-1.0%
High volume
2024-11-15
2024-12-13
-1.0%
High volume
2025-01-17
2025-02-14
-7.7%
High volume
2025-05-16
2025-06-13
22.7%
High volume
2025-06-27
2025-07-25
6.4%
High volume
2025-08-01
2025-08-29
9.8%
High volume
2025-10-31
2025-11-28
-8.4%
High volume
2026-01-02
2026-01-30
11.3%
High volume
2026-02-13
2026-03-13
19.0%
High volume
2026-03-13
2026-04-10
1.1%
High volume
2026-04-10
2026-05-08
-4.9%
Ordinary volume
2021-06-18
2021-07-16
-0.6%
Ordinary volume
2021-07-23
2021-08-20
-3.5%
Ordinary volume
2021-09-03
2021-10-01
12.0%
Ordinary volume
2022-05-13
2022-06-10
19.3%
Ordinary volume
2022-11-25
2022-12-23
-15.5%
Ordinary volume
2023-03-03
2023-03-31
4.0%
Ordinary volume
2023-05-19
2023-06-16
-9.3%
Ordinary volume
2023-06-16
2023-07-14
-23.2%
Ordinary volume
2023-08-11
2023-09-08
-13.9%
Ordinary volume
2023-09-08
2023-10-06
7.1%
Ordinary volume
2024-01-19
2024-02-16
-5.6%
Ordinary volume
2024-02-16
2024-03-15
-2.3%
Ordinary volume
2024-05-03
2024-05-31
2.6%
Ordinary volume
2025-02-28
2025-03-28
-0.4%
Ordinary volume
2025-04-11
2025-05-09
1.5%
Ordinary volume
2025-06-06
2025-07-04
26.4%
Ordinary volume
2025-08-15
2025-09-12
9.5%
Ordinary volume
2026-04-03
2026-05-01
-10.9%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-02
2021-10-01
-0.3%
High volume
2021-10-15
2022-01-14
-14.0%
High volume
2022-02-04
2022-05-06
78.2%
High volume
2022-05-06
2022-08-05
-4.3%
High volume
2022-12-02
2023-03-03
-10.2%
High volume
2023-06-30
2023-09-29
-0.1%
High volume
2023-10-20
2024-01-19
-13.9%
High volume
2024-04-19
2024-07-19
-8.4%
High volume
2024-08-09
2024-11-08
8.5%
High volume
2024-11-15
2025-02-14
4.7%
High volume
2025-05-16
2025-08-15
16.0%
High volume
2025-10-31
2026-01-30
-0.4%
High volume
2026-02-13
2026-05-15
16.4%
Ordinary volume
2021-06-18
2021-09-17
-8.2%
Ordinary volume
2021-09-17
2021-12-17
9.9%
Ordinary volume
2022-05-13
2022-08-12
3.5%
Ordinary volume
2022-11-25
2023-02-24
-5.5%
Ordinary volume
2023-03-03
2023-06-02
-1.0%
Ordinary volume
2023-06-09
2023-09-08
-29.4%
Ordinary volume
2023-09-08
2023-12-08
-7.9%
Ordinary volume
2024-01-19
2024-04-19
-1.8%
Ordinary volume
2024-05-03
2024-08-02
-6.2%
Ordinary volume
2025-02-28
2025-05-30
3.1%
Ordinary volume
2025-06-06
2025-09-05
24.4%
Ordinary volume
2026-04-03
2026-07-03
-16.2%
Price, activity and volume balance
Where volume is concentrated
2026-09-25Close 4.26
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 price4.82
Earlier activity area4.10 โ 5.33
Recent volume balance-21.2%
Recent weekly volume0.22ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-03
4.07
46534
2025-10-10
4.63
42052
2025-10-17
4.29
8116
2025-10-24
5.06
207606
2025-10-31
4.46
90452
2025-11-07
4.22
32765
2025-11-14
4.22
40143
2025-11-21
3.99
27460
2025-11-28
4.08
15248
2025-12-05
4.28
70403
2025-12-12
4.03
11909
2025-12-19
4.15
235367
2025-12-26
4.19
107358
2026-01-02
3.99
76680
2026-01-09
4.02
111705
2026-01-16
4.26
455174
2026-01-23
4.43
126601
2026-01-30
4.44
166045
2026-02-06
4.53
193353
2026-02-13
4.21
245384
2026-02-20
4.31
298890
2026-02-27
5.01
211988
2026-03-06
5.22
1520670
2026-03-13
5.01
988729
2026-03-20
5.21
256463
2026-03-27
5.64
178596
2026-04-03
5.51
119166
2026-04-10
5.06
250428
2026-04-17
4.62
81253
2026-04-24
4.85
120457
2026-05-01
4.91
57703
2026-05-08
4.81
31151
2026-05-15
4.90
47978
2026-05-22
4.89
26984
2026-05-29
4.85
71882
2026-06-05
4.54
46399
2026-06-12
4.64
164645
2026-06-19
4.26
36988
2026-06-26
4.48
39145
2026-07-03
4.62
35702
2026-07-10
4.78
109452
2026-07-17
5.00
96333
2026-07-24
4.74
32058
2026-07-31
4.64
17085
2026-08-07
4.71
20192
2026-08-14
4.61
8749
2026-08-21
4.78
9530
2026-08-28
4.27
37255
2026-09-04
4.43
47588
2026-09-11
4.59
17554
2026-09-18
4.70
4052
2026-09-25
4.26
15011
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -8.65% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -0.27% over four weeks. Volume balance is -21.2% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is below its earlier norm
Recent median weekly volume is 0.22ร 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
44
0.73
Available
13 weeks
17
-3.89
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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