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 positive; the estimated activity centre is higher. 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
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%-3.1% over thirteen weeks
Latest relative volume1.06ร1.12ร recent four-week median
Closing pressure32.7%Volume-weighted position within weekly ranges
Up-week volume share45.2%54.8% 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
3.9%
-3.0%
0.79ร
2025-10-24
-10.2%
-52.3%
1.21ร
2025-10-31
-10.3%
-41.1%
1.16ร
2025-11-07
-4.8%
12.1%
1.45ร
2025-11-14
-2.4%
34.2%
1.05ร
2025-11-21
3.7%
58.0%
1.01ร
2025-11-28
5.3%
63.2%
0.71ร
2025-12-05
5.4%
47.6%
1.03ร
2025-12-12
-1.2%
16.4%
0.85ร
2025-12-19
-1.5%
-10.4%
1.18ร
2025-12-26
-1.5%
-23.4%
0.48ร
2026-01-02
-2.3%
-33.3%
0.46ร
2026-01-09
1.0%
-10.3%
1.22ร
2026-01-16
5.7%
45.6%
1.08ร
2026-01-23
9.1%
57.1%
0.79ร
2026-01-30
10.5%
55.9%
1.07ร
2026-02-06
10.9%
41.9%
1.40ร
2026-02-13
17.4%
48.1%
1.39ร
2026-02-20
12.4%
48.4%
0.76ร
2026-02-27
11.1%
48.1%
0.92ร
2026-03-06
10.9%
41.3%
0.95ร
2026-03-13
2.2%
11.5%
0.87ร
2026-03-20
-0.1%
-30.1%
0.96ร
2026-03-27
-0.8%
-46.6%
0.76ร
2026-04-03
-2.3%
-38.5%
0.83ร
2026-04-10
-0.8%
-40.1%
0.85ร
2026-04-17
-1.7%
-17.2%
0.80ร
2026-04-24
-1.9%
5.0%
0.72ร
2026-05-01
4.9%
36.3%
0.95ร
2026-05-08
-1.1%
7.4%
1.13ร
2026-05-15
9.2%
29.7%
1.04ร
2026-05-22
8.7%
9.5%
0.99ร
2026-05-29
-5.5%
-27.6%
0.95ร
2026-06-05
0.0%
9.5%
1.03ร
2026-06-12
-6.6%
-5.1%
0.78ร
2026-06-19
-6.1%
20.1%
1.00ร
2026-06-26
9.9%
61.4%
1.46ร
2026-07-03
2.4%
28.9%
1.27ร
2026-07-10
4.1%
27.1%
0.87ร
2026-07-17
0.4%
-8.5%
1.16ร
2026-07-24
-5.0%
-39.3%
0.90ร
2026-07-31
-2.2%
-14.0%
1.09ร
2026-08-07
-6.8%
-24.3%
1.23ร
2026-08-14
1.8%
10.0%
0.71ร
2026-08-21
-5.4%
-3.3%
1.02ร
2026-08-28
2.3%
1.0%
1.03ร
2026-09-04
5.3%
-10.3%
1.57ร
2026-09-11
-2.4%
-37.8%
0.88ร
2026-09-18
3.0%
-9.0%
1.60ร
2026-09-25
-5.4%
-30.6%
0.83ร
2026-10-02
-4.2%
8.8%
1.17ร
2026-10-09
-0.3%
32.7%
1.06ร
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
3% 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
-0.14 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
21.1 / 100
Price direction0.0 / 30
Closing pressure9.8 / 30
Up-week volume11.3 / 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
7
โ
55
โ
Limited sample
Advancing weeks
13 weeks
5
โ
20
โ
Limited sample
Declining weeks
4 weeks
7
โ
44
โ
Limited sample
Declining weeks
13 weeks
5
โ
18
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
2021-09-17
2021-10-15
16.9%
High volume
2022-01-28
2022-02-25
3.5%
High volume
2024-02-16
2024-03-15
9.3%
High volume
2025-02-14
2025-03-14
1.4%
High volume
2025-04-11
2025-05-09
2.3%
High volume
2025-06-27
2025-07-25
-7.7%
High volume
2026-09-04
2026-10-02
-4.2%
Ordinary volume
2021-04-30
2021-05-28
8.1%
Ordinary volume
2021-06-04
2021-07-02
-2.2%
Ordinary volume
2021-07-02
2021-07-30
-7.0%
Ordinary volume
2021-08-06
2021-09-03
-0.4%
Ordinary volume
2021-09-03
2021-10-01
7.5%
Ordinary volume
2021-10-01
2021-10-29
6.4%
Ordinary volume
2021-11-05
2021-12-03
-5.1%
Ordinary volume
2022-02-11
2022-03-11
5.2%
Ordinary volume
2022-04-15
2022-05-13
-2.1%
Ordinary volume
2022-05-20
2022-06-17
-14.9%
Ordinary volume
2022-06-24
2022-07-22
7.6%
Ordinary volume
2022-07-29
2022-08-26
2.8%
Ordinary volume
2022-08-26
2022-09-23
-15.7%
Ordinary volume
2022-10-07
2022-11-04
12.6%
Ordinary volume
2022-11-04
2022-12-02
4.2%
Ordinary volume
2022-12-02
2022-12-30
-4.7%
Ordinary volume
2023-01-13
2023-02-10
-3.0%
Ordinary volume
2023-03-24
2023-04-21
4.1%
Ordinary volume
2023-04-28
2023-05-26
-5.0%
Ordinary volume
2023-06-02
2023-06-30
9.5%
Ordinary volume
2023-07-07
2023-08-04
5.0%
Ordinary volume
2023-08-04
2023-09-01
1.0%
Ordinary volume
2023-09-01
2023-09-29
-1.6%
Ordinary volume
2023-09-29
2023-10-27
1.1%
Ordinary volume
2023-11-03
2023-12-01
3.3%
Ordinary volume
2023-12-01
2023-12-29
-5.4%
Ordinary volume
2024-01-05
2024-02-02
-2.1%
Ordinary volume
2024-02-23
2024-03-22
10.9%
Ordinary volume
2024-03-22
2024-04-19
0.7%
Ordinary volume
2024-04-19
2024-05-17
7.2%
Ordinary volume
2024-05-17
2024-06-14
0.9%
Ordinary volume
2024-06-14
2024-07-12
4.4%
Ordinary volume
2024-07-19
2024-08-16
0.3%
Ordinary volume
2024-08-16
2024-09-13
3.1%
Ordinary volume
2024-09-20
2024-10-18
15.4%
Ordinary volume
2024-10-18
2024-11-15
8.0%
Ordinary volume
2024-11-15
2024-12-13
-2.9%
Ordinary volume
2025-01-24
2025-02-21
-3.6%
Ordinary volume
2025-02-21
2025-03-21
4.7%
Ordinary volume
2025-03-21
2025-04-18
-1.6%
Ordinary volume
2025-04-25
2025-05-23
-0.1%
Ordinary volume
2025-05-23
2025-06-20
3.4%
Ordinary volume
2025-06-20
2025-07-18
-1.9%
Ordinary volume
2025-07-18
2025-08-15
-3.2%
Ordinary volume
2025-08-29
2025-09-26
11.5%
Ordinary volume
2025-09-26
2025-10-24
-10.2%
Ordinary volume
2025-10-31
2025-11-28
5.3%
Ordinary volume
2025-12-05
2026-01-02
-2.3%
Ordinary volume
2026-01-16
2026-02-13
17.4%
Ordinary volume
2026-02-20
2026-03-20
-0.1%
Ordinary volume
2026-03-27
2026-04-24
-1.9%
Ordinary volume
2026-05-01
2026-05-29
-5.5%
Ordinary volume
2026-06-05
2026-07-03
2.4%
Ordinary volume
2026-07-10
2026-08-07
-6.8%
Ordinary volume
2026-08-28
2026-09-25
-5.4%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-09-17
2021-12-17
3.6%
High volume
2022-01-28
2022-04-29
17.2%
High volume
2024-02-16
2024-05-17
21.9%
High volume
2025-02-14
2025-05-16
4.1%
High volume
2025-06-27
2025-09-26
3.0%
Ordinary volume
2021-04-30
2021-07-30
4.4%
Ordinary volume
2021-08-06
2021-11-05
15.9%
Ordinary volume
2021-11-05
2022-02-04
8.7%
Ordinary volume
2022-02-11
2022-05-13
14.8%
Ordinary volume
2022-05-20
2022-08-19
-0.1%
Ordinary volume
2022-08-19
2022-11-18
-3.1%
Ordinary volume
2022-12-02
2023-03-03
-10.3%
Ordinary volume
2023-03-24
2023-06-23
8.0%
Ordinary volume
2023-06-23
2023-09-22
11.4%
Ordinary volume
2023-09-29
2023-12-29
4.7%
Ordinary volume
2024-01-05
2024-04-05
11.8%
Ordinary volume
2024-04-05
2024-07-05
9.6%
Ordinary volume
2024-07-19
2024-10-18
20.3%
Ordinary volume
2024-10-18
2025-01-17
13.9%
Ordinary volume
2025-01-24
2025-04-25
0.0%
Ordinary volume
2025-04-25
2025-07-25
-1.2%
Ordinary volume
2025-08-01
2025-10-31
-3.2%
Ordinary volume
2025-10-31
2026-01-30
17.2%
Ordinary volume
2026-01-30
2026-05-01
13.1%
Ordinary volume
2026-05-01
2026-07-31
-4.6%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-17
2022-01-14
13.6%
High volume
2023-03-17
2023-04-14
7.4%
High volume
2023-12-15
2024-01-12
0.9%
High volume
2024-12-20
2025-01-17
10.6%
High volume
2025-01-31
2025-02-28
5.0%
High volume
2025-03-07
2025-04-04
1.2%
High volume
2025-04-04
2025-05-02
10.0%
Ordinary volume
2021-05-28
2021-06-25
3.2%
Ordinary volume
2021-07-23
2021-08-20
-4.4%
Ordinary volume
2021-08-20
2021-09-17
6.9%
Ordinary volume
2021-10-29
2021-11-26
0.5%
Ordinary volume
2022-01-21
2022-02-18
3.0%
Ordinary volume
2022-02-18
2022-03-18
7.6%
Ordinary volume
2022-03-18
2022-04-15
12.9%
Ordinary volume
2022-04-22
2022-05-20
0.8%
Ordinary volume
2022-06-10
2022-07-08
-10.2%
Ordinary volume
2022-08-05
2022-09-02
4.7%
Ordinary volume
2022-09-02
2022-09-30
-14.0%
Ordinary volume
2022-09-30
2022-10-28
14.1%
Ordinary volume
2022-11-18
2022-12-16
-1.9%
Ordinary volume
2022-12-16
2023-01-13
1.4%
Ordinary volume
2023-01-20
2023-02-17
-0.6%
Ordinary volume
2023-02-17
2023-03-17
-8.1%
Ordinary volume
2023-04-07
2023-05-05
1.8%
Ordinary volume
2023-05-05
2023-06-02
0.2%
Ordinary volume
2023-08-18
2023-09-15
0.1%
Ordinary volume
2023-09-22
2023-10-20
3.9%
Ordinary volume
2023-10-27
2023-11-24
6.7%
Ordinary volume
2023-12-08
2024-01-05
0.1%
Ordinary volume
2024-01-19
2024-02-16
1.3%
Ordinary volume
2024-04-12
2024-05-10
4.1%
Ordinary volume
2024-05-24
2024-06-21
6.0%
Ordinary volume
2024-08-02
2024-08-30
8.5%
Ordinary volume
2024-09-27
2024-10-25
16.3%
Ordinary volume
2024-11-01
2024-11-29
13.5%
Ordinary volume
2024-11-29
2024-12-27
-7.0%
Ordinary volume
2025-01-10
2025-02-07
0.8%
Ordinary volume
2025-03-28
2025-04-25
-0.3%
Ordinary volume
2025-05-09
2025-06-06
5.0%
Ordinary volume
2025-06-13
2025-07-11
-2.6%
Ordinary volume
2025-07-11
2025-08-08
-0.6%
Ordinary volume
2025-08-08
2025-09-05
-1.2%
Ordinary volume
2025-09-05
2025-10-03
13.7%
Ordinary volume
2025-10-10
2025-11-07
-4.8%
Ordinary volume
2025-11-21
2025-12-19
-1.5%
Ordinary volume
2025-12-19
2026-01-16
5.7%
Ordinary volume
2026-03-06
2026-04-03
-2.3%
Ordinary volume
2026-04-03
2026-05-01
4.9%
Ordinary volume
2026-05-08
2026-06-05
0.0%
Ordinary volume
2026-07-17
2026-08-14
1.8%
Ordinary volume
2026-08-21
2026-09-18
3.0%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-17
2022-03-18
23.6%
High volume
2023-03-17
2023-06-16
9.5%
High volume
2023-12-15
2024-03-15
8.3%
High volume
2024-12-20
2025-03-21
12.4%
High volume
2025-04-04
2025-07-04
8.4%
Ordinary volume
2021-05-28
2021-08-27
-5.2%
Ordinary volume
2021-09-10
2021-12-10
11.4%
Ordinary volume
2022-01-21
2022-04-22
23.6%
Ordinary volume
2022-04-22
2022-07-22
-6.8%
Ordinary volume
2022-08-05
2022-11-04
5.5%
Ordinary volume
2022-11-18
2023-02-17
-5.2%
Ordinary volume
2023-02-17
2023-05-19
-5.0%
Ordinary volume
2023-05-19
2023-08-18
20.7%
Ordinary volume
2023-08-18
2023-11-17
3.3%
Ordinary volume
2023-12-08
2024-03-08
2.8%
Ordinary volume
2024-04-12
2024-07-12
14.2%
Ordinary volume
2024-08-02
2024-11-01
23.5%
Ordinary volume
2024-11-01
2025-01-31
8.4%
Ordinary volume
2025-03-28
2025-06-27
6.8%
Ordinary volume
2025-07-04
2025-10-03
10.9%
Ordinary volume
2025-10-10
2026-01-09
-2.9%
Ordinary volume
2026-01-09
2026-04-10
21.5%
Ordinary volume
2026-04-17
2026-07-17
3.9%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 72.67
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 price73.01
Earlier activity area61.07 โ 78.47
Recent volume balance32.7%
Recent weekly volume1.09ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
61.06
26270201
2025-10-24
56.19
40397455
2025-10-31
56.57
39665141
2025-11-07
58.24
51033042
2025-11-14
59.62
36783726
2025-11-21
58.27
35990012
2025-11-28
59.56
25624084
2025-12-05
61.40
36782318
2025-12-12
58.89
30234064
2025-12-19
57.43
42165193
2025-12-26
58.67
17145028
2026-01-02
59.98
16190033
2026-01-09
59.46
40823794
2026-01-16
60.67
36068198
2026-01-23
64.03
27603432
2026-01-30
66.30
37237607
2026-02-06
65.96
50312660
2026-02-13
71.25
50073609
2026-02-20
71.94
27251571
2026-02-27
73.65
33078757
2026-03-06
73.18
34195198
2026-03-13
72.81
31508401
2026-03-20
71.89
34610875
2026-03-27
73.05
27389594
2026-04-03
71.48
29400067
2026-04-10
72.21
29224215
2026-04-17
70.64
27683911
2026-04-24
71.66
24809474
2026-05-01
74.99
31834381
2026-05-08
71.44
36785896
2026-05-15
77.16
33650083
2026-05-22
77.90
32035552
2026-05-29
70.87
30262601
2026-06-05
71.44
32735973
2026-06-12
72.08
25001596
2026-06-19
73.12
31925496
2026-06-26
77.92
46434953
2026-07-03
73.14
40730441
2026-07-10
75.02
28206177
2026-07-17
73.38
36970833
2026-07-24
74.00
28626103
2026-07-31
71.54
34914616
2026-08-07
69.90
39445687
2026-08-14
74.66
22817083
2026-08-21
69.99
32396143
2026-08-28
73.20
33069969
2026-09-04
73.62
50228439
2026-09-11
72.85
28283043
2026-09-18
72.05
51134274
2026-09-25
69.26
26588191
2026-10-02
70.54
37374729
2026-10-09
72.67
34070655
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +3.77% against the earlier part of this period.
Price and volume
Disagreement
Price changed -0.25% over four weeks. Volume balance is +32.7% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.09ร 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
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
17
0.97
Available
13 weeks
8
-1.77
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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