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 higher.
52 weeks2025-10-10 to 2026-10-02Weekly volume estimate
The relationship beneath price ยท 2026-10-02
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-0.9%-6.3% over thirteen weeks
Latest relative volume3.10ร1.59ร recent four-week median
Closing pressure-24.7%Volume-weighted position within weekly ranges
Up-week volume share32.2%67.8% 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
2025-10-10
-5.6%
-42.8%
1.15ร
2025-10-17
-3.5%
-18.3%
0.75ร
2025-10-24
-3.4%
-45.0%
0.77ร
2025-10-31
2.7%
9.0%
1.52ร
2025-11-07
3.0%
24.1%
1.17ร
2025-11-14
8.6%
43.1%
1.65ร
2025-11-21
4.1%
45.1%
1.16ร
2025-11-28
2.0%
24.0%
0.60ร
2025-12-05
0.1%
20.3%
0.76ร
2025-12-12
-5.1%
5.0%
0.81ร
2025-12-19
3.7%
43.1%
1.52ร
2025-12-26
1.5%
24.1%
0.79ร
2026-01-02
3.5%
45.3%
0.25ร
2026-01-09
6.9%
47.5%
1.34ร
2026-01-16
-0.2%
-6.9%
0.97ร
2026-01-23
1.9%
-1.0%
1.04ร
2026-01-30
0.9%
9.7%
1.27ร
2026-02-06
7.4%
33.4%
2.53ร
2026-02-13
9.9%
60.1%
1.46ร
2026-02-20
8.4%
53.4%
1.46ร
2026-02-27
13.2%
61.6%
1.01ร
2026-03-06
-7.9%
-7.4%
2.59ร
2026-03-13
-12.2%
-27.5%
2.16ร
2026-03-20
-12.5%
-40.1%
1.37ร
2026-03-27
-12.3%
-33.4%
1.38ร
2026-04-03
-1.6%
4.6%
1.52ร
2026-04-10
0.8%
-9.9%
1.37ร
2026-04-17
-0.3%
-11.7%
1.39ร
2026-04-24
-7.6%
-51.5%
1.51ร
2026-05-01
-7.9%
-37.4%
1.64ร
2026-05-08
-2.0%
-12.8%
0.98ร
2026-05-15
-2.7%
-7.4%
1.17ร
2026-05-22
3.2%
32.4%
1.03ร
2026-05-29
10.3%
24.8%
1.36ร
2026-06-05
0.1%
18.4%
0.18ร
2026-06-12
3.4%
63.4%
0.25ร
2026-06-19
6.4%
55.6%
0.22ร
2026-06-26
0.4%
23.1%
0.16ร
2026-07-03
10.6%
29.2%
0.28ร
2026-07-10
6.2%
-4.0%
0.19ร
2026-07-17
2.2%
18.0%
0.21ร
2026-07-24
-1.6%
44.5%
0.27ร
2026-07-31
-0.8%
30.1%
0.22ร
2026-08-07
4.1%
47.3%
0.14ร
2026-08-14
3.3%
51.5%
0.16ร
2026-08-21
3.0%
32.5%
0.15ร
2026-08-28
-2.5%
55.4%
0.16ร
2026-09-04
-5.4%
11.4%
1.70ร
2026-09-11
-7.0%
-39.7%
1.66ร
2026-09-18
-2.9%
-19.2%
1.52ร
2026-09-25
-0.8%
-9.5%
0.64ร
2026-10-02
-0.9%
-24.7%
3.10ร
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
11% 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: 20% of the way from the weekly low to high.
Volume-weighted return tilt
-0.41 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
8.0 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume8.0 / 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
12
-0.6%
44
-0.6%
0.0 points
Advancing weeks
13 weeks
8
2.7%
19
2.3%
0.4 points
Declining weeks
4 weeks
11
1.9%
38
0.4%
1.6 points
Declining weeks
13 weeks
7
โ
17
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
2021-10-01
2021-10-29
-7.4%
High volume
2022-02-04
2022-03-04
-8.6%
High volume
2022-09-16
2022-10-14
2.0%
High volume
2022-10-14
2022-11-11
0.2%
High volume
2023-04-28
2023-05-26
3.6%
High volume
2024-02-02
2024-03-01
-1.1%
High volume
2025-08-15
2025-09-12
-1.0%
High volume
2025-10-31
2025-11-28
2.0%
High volume
2025-12-19
2026-01-16
-0.2%
High volume
2026-02-06
2026-03-06
-7.9%
High volume
2026-04-03
2026-05-01
-7.9%
High volume
2026-05-01
2026-05-29
10.3%
Ordinary volume
2021-04-30
2021-05-28
6.2%
Ordinary volume
2021-05-28
2021-06-25
1.4%
Ordinary volume
2021-06-25
2021-07-23
-6.7%
Ordinary volume
2021-07-30
2021-08-27
3.1%
Ordinary volume
2021-08-27
2021-09-24
4.4%
Ordinary volume
2021-09-24
2021-10-22
-2.2%
Ordinary volume
2021-11-05
2021-12-03
-16.2%
Ordinary volume
2021-12-24
2022-01-21
2.7%
Ordinary volume
2022-01-21
2022-02-18
7.4%
Ordinary volume
2022-04-01
2022-04-29
-4.5%
Ordinary volume
2022-05-20
2022-06-17
-3.9%
Ordinary volume
2022-06-24
2022-07-22
-3.8%
Ordinary volume
2022-08-19
2022-09-16
8.3%
Ordinary volume
2023-01-20
2023-02-17
-2.6%
Ordinary volume
2023-03-03
2023-03-31
3.5%
Ordinary volume
2023-04-21
2023-05-19
8.7%
Ordinary volume
2023-06-09
2023-07-07
9.8%
Ordinary volume
2023-07-07
2023-08-04
-4.2%
Ordinary volume
2023-09-01
2023-09-29
-5.0%
Ordinary volume
2023-10-27
2023-11-24
5.6%
Ordinary volume
2023-12-08
2024-01-05
1.2%
Ordinary volume
2024-01-12
2024-02-09
2.1%
Ordinary volume
2024-02-16
2024-03-15
-1.8%
Ordinary volume
2024-03-15
2024-04-12
-1.0%
Ordinary volume
2024-04-12
2024-05-10
-3.6%
Ordinary volume
2024-05-10
2024-06-07
-0.7%
Ordinary volume
2024-06-28
2024-07-26
-2.4%
Ordinary volume
2024-08-16
2024-09-13
7.5%
Ordinary volume
2024-09-13
2024-10-11
-3.2%
Ordinary volume
2024-11-01
2024-11-29
-0.9%
Ordinary volume
2024-11-29
2024-12-27
-0.5%
Ordinary volume
2024-12-27
2025-01-24
-2.1%
Ordinary volume
2025-01-24
2025-02-21
3.9%
Ordinary volume
2025-02-21
2025-03-21
-1.3%
Ordinary volume
2025-03-21
2025-04-18
-4.0%
Ordinary volume
2025-04-18
2025-05-16
6.0%
Ordinary volume
2025-05-16
2025-06-13
-4.6%
Ordinary volume
2025-06-20
2025-07-18
6.1%
Ordinary volume
2025-09-26
2025-10-24
-3.4%
Ordinary volume
2025-10-24
2025-11-21
4.1%
Ordinary volume
2025-12-12
2026-01-09
6.9%
Ordinary volume
2026-01-23
2026-02-20
8.4%
Ordinary volume
2026-02-27
2026-03-27
-12.3%
Ordinary volume
2026-05-08
2026-06-05
0.1%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-10-01
2021-12-31
-16.1%
High volume
2022-02-04
2022-05-06
-0.7%
High volume
2022-09-16
2022-12-16
3.7%
High volume
2023-04-28
2023-07-28
15.7%
High volume
2024-02-02
2024-05-03
-7.2%
High volume
2025-08-15
2025-11-14
1.7%
High volume
2025-11-14
2026-02-13
9.9%
High volume
2026-04-03
2026-07-03
6.7%
Ordinary volume
2021-04-30
2021-07-30
2.3%
Ordinary volume
2021-07-30
2021-10-29
3.5%
Ordinary volume
2021-11-05
2022-02-04
-6.1%
Ordinary volume
2022-02-11
2022-05-13
-6.9%
Ordinary volume
2022-05-20
2022-08-19
2.5%
Ordinary volume
2022-08-19
2022-11-18
10.3%
Ordinary volume
2023-01-20
2023-04-21
-0.5%
Ordinary volume
2023-04-21
2023-07-21
18.4%
Ordinary volume
2023-07-28
2023-10-27
-14.3%
Ordinary volume
2023-10-27
2024-01-26
7.8%
Ordinary volume
2024-02-16
2024-05-17
-6.2%
Ordinary volume
2024-05-17
2024-08-16
-7.3%
Ordinary volume
2024-08-16
2024-11-15
3.3%
Ordinary volume
2024-11-15
2025-02-14
0.7%
Ordinary volume
2025-02-21
2025-05-23
-2.2%
Ordinary volume
2025-05-30
2025-08-29
4.0%
Ordinary volume
2025-09-26
2025-12-26
2.3%
Ordinary volume
2026-01-23
2026-04-24
-9.5%
Ordinary volume
2026-05-08
2026-08-07
10.6%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-10-08
2021-11-05
1.9%
High volume
2021-11-26
2021-12-24
0.9%
High volume
2022-03-11
2022-04-08
4.6%
High volume
2023-09-29
2023-10-27
-6.3%
High volume
2024-08-02
2024-08-30
6.1%
High volume
2025-02-07
2025-03-07
0.5%
High volume
2025-04-11
2025-05-09
5.3%
High volume
2025-08-01
2025-08-29
4.8%
High volume
2026-03-06
2026-04-03
-1.6%
High volume
2026-04-24
2026-05-22
3.2%
High volume
2026-09-04
2026-10-02
-0.9%
Ordinary volume
2021-04-23
2021-05-21
3.5%
Ordinary volume
2021-07-02
2021-07-30
-4.3%
Ordinary volume
2021-08-06
2021-09-03
4.9%
Ordinary volume
2021-10-22
2021-11-19
-1.0%
Ordinary volume
2021-12-17
2022-01-14
1.9%
Ordinary volume
2022-01-28
2022-02-25
5.0%
Ordinary volume
2022-02-25
2022-03-25
0.7%
Ordinary volume
2022-04-29
2022-05-27
6.2%
Ordinary volume
2022-06-03
2022-07-01
-3.3%
Ordinary volume
2022-07-01
2022-07-29
1.5%
Ordinary volume
2022-09-02
2022-09-30
3.0%
Ordinary volume
2022-10-28
2022-11-25
2.3%
Ordinary volume
2022-12-02
2022-12-30
-2.4%
Ordinary volume
2023-02-10
2023-03-10
-1.1%
Ordinary volume
2023-04-07
2023-05-05
6.5%
Ordinary volume
2023-07-14
2023-08-11
4.3%
Ordinary volume
2023-09-08
2023-10-06
-6.0%
Ordinary volume
2023-10-13
2023-11-10
1.9%
Ordinary volume
2024-01-26
2024-02-23
2.2%
Ordinary volume
2024-03-08
2024-04-05
-0.9%
Ordinary volume
2024-04-05
2024-05-03
-2.2%
Ordinary volume
2024-05-03
2024-05-31
-0.2%
Ordinary volume
2024-05-31
2024-06-28
-0.8%
Ordinary volume
2024-07-26
2024-08-23
-1.0%
Ordinary volume
2024-10-04
2024-11-01
-1.0%
Ordinary volume
2024-11-08
2024-12-06
3.2%
Ordinary volume
2024-12-20
2025-01-17
-3.8%
Ordinary volume
2025-01-17
2025-02-14
5.4%
Ordinary volume
2025-02-14
2025-03-14
-2.0%
Ordinary volume
2025-03-14
2025-04-11
-3.5%
Ordinary volume
2025-04-25
2025-05-23
3.5%
Ordinary volume
2025-05-23
2025-06-20
-1.4%
Ordinary volume
2025-08-22
2025-09-19
-2.8%
Ordinary volume
2025-09-19
2025-10-17
-3.5%
Ordinary volume
2025-11-07
2025-12-05
0.1%
Ordinary volume
2025-12-05
2026-01-02
3.5%
Ordinary volume
2026-01-16
2026-02-13
9.9%
Ordinary volume
2026-05-15
2026-06-12
3.4%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-10-08
2022-01-07
-12.8%
High volume
2022-03-11
2022-06-10
8.8%
High volume
2023-09-29
2023-12-29
-2.3%
High volume
2024-08-02
2024-11-01
5.1%
High volume
2025-02-07
2025-05-09
-0.5%
High volume
2025-08-01
2025-10-31
1.9%
High volume
2026-03-06
2026-06-05
-5.1%
Ordinary volume
2021-04-23
2021-07-23
6.3%
Ordinary volume
2021-08-06
2021-11-05
10.8%
Ordinary volume
2021-12-17
2022-03-18
7.1%
Ordinary volume
2022-04-29
2022-07-29
0.8%
Ordinary volume
2022-09-02
2022-12-02
8.8%
Ordinary volume
2022-12-02
2023-03-03
-3.2%
Ordinary volume
2023-04-07
2023-07-07
22.8%
Ordinary volume
2023-07-14
2023-10-13
-8.0%
Ordinary volume
2023-10-13
2024-01-12
5.7%
Ordinary volume
2024-01-26
2024-04-26
-1.7%
Ordinary volume
2024-05-03
2024-08-02
-7.4%
Ordinary volume
2024-10-04
2025-01-03
-2.7%
Ordinary volume
2025-01-10
2025-04-11
-2.0%
Ordinary volume
2025-04-25
2025-07-25
8.8%
Ordinary volume
2025-08-22
2025-11-21
-1.6%
Ordinary volume
2025-11-21
2026-02-20
12.3%
Ordinary volume
2026-05-15
2026-08-14
13.9%
Price, activity and volume balance
Where volume is concentrated
2026-10-02Close 2,943.00
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 price2,931.48
Earlier activity area2,740.85 โ 3,026.79
Recent volume balance-24.7%
Recent weekly volume1.22ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-10
2,733.12
9565300
2025-10-17
2,741.92
6246100
2025-10-24
2,763.44
6400900
2025-10-31
2,826.05
12607200
2025-11-07
2,815.29
9711900
2025-11-14
2,977.67
14046600
2025-11-21
2,877.40
10316800
2025-11-28
2,882.30
5519100
2025-12-05
2,816.76
7009300
2025-12-12
2,826.54
7472000
2025-12-19
2,983.54
13181900
2025-12-26
2,926.31
7313200
2026-01-02
2,914.09
2110200
2026-01-09
3,022.67
10411800
2026-01-16
2,978.65
7499600
2026-01-23
2,980.61
8107300
2026-01-30
2,939.52
10194100
2026-02-06
3,247.66
20294600
2026-02-13
3,272.11
11721400
2026-02-20
3,232.01
11689200
2026-02-27
3,328.85
8740900
2026-03-06
2,991.37
21824100
2026-03-13
2,872.51
19416900
2026-03-20
2,828.49
12896300
2026-03-27
2,918.00
13313500
2026-04-03
2,943.00
15129000
2026-04-10
2,896.50
14011700
2026-04-17
2,821.00
14428700
2026-04-24
2,697.00
16676800
2026-05-01
2,709.50
19206900
2026-05-08
2,838.00
11501100
2026-05-15
2,745.00
13719400
2026-05-22
2,784.00
12077400
2026-05-29
2,988.50
16224000
2026-06-05
2,840.00
2216800
2026-06-12
2,839.00
3164000
2026-06-19
2,961.00
2725600
2026-06-26
3,000.00
1851300
2026-07-03
3,140.00
3278800
2026-07-10
3,016.00
2260600
2026-07-17
3,027.00
2452800
2026-07-24
2,951.00
3206700
2026-07-31
3,116.00
2619100
2026-08-07
3,140.00
1685100
2026-08-14
3,126.00
1898500
2026-08-21
3,040.00
1689900
2026-08-28
3,037.57
1629000
2026-09-04
2,969.75
12565900
2026-09-11
2,905.89
12286600
2026-09-18
2,951.93
11263200
2026-09-25
3,014.80
4635400
2026-10-02
2,943.00
12258200
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +1.27% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -0.90% over four weeks. Volume balance is -24.7% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.22ร 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
17
0.11
Available
13 weeks
9
1.14
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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