GEREquity ยท Volume & Price

NOT

NOVARTIS AG N

DE Healthcare Drug Manufacturers - General

52-week price+14.2%
Latest week
2 Oct 2026
Weekly close
124.76 EUR
Fair value
117.18 EUR
Next-week expectancy
Positive 78.66%

Sharemaestro ยท Completed weekly data

Volume & Price

Where trading activity is concentrated, how it has changed, and what volume adds to the price move.

Open Volume & Price screener โ†’

Latest week ยท

Price is within the earlier activity area

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

Volume-supported decline

These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.

Four-week price move-9.4%-10.0% over thirteen weeks
Latest relative volume6.65ร—6.71ร— recent four-week median
Closing pressure-39.7%Volume-weighted position within weekly ranges
Up-week volume share37.3%62.7% 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
Week4-week returnPressureRelative volume
2025-11-07-2.4%24.0%1.23ร—
2025-11-140.4%23.0%1.66ร—
2025-11-21-2.0%25.1%0.98ร—
2025-11-284.4%40.4%1.28ร—
2025-12-054.0%27.4%1.38ร—
2025-12-12-0.3%10.3%1.32ร—
2025-12-195.5%25.8%0.54ร—
2025-12-266.0%43.3%1.43ร—
2026-01-023.0%31.2%0.76ร—
2026-01-098.2%55.7%1.61ร—
2026-01-166.4%46.6%1.56ร—
2026-01-235.3%58.6%1.93ร—
2026-01-306.8%58.7%1.09ร—
2026-02-067.4%61.7%1.21ร—
2026-02-1310.7%74.8%1.09ร—
2026-02-2010.8%31.9%1.44ร—
2026-02-2714.8%52.2%0.82ร—
2026-03-063.9%6.5%1.52ร—
2026-03-130.7%-14.5%0.70ร—
2026-03-20-6.0%-32.6%1.32ร—
2026-03-27-7.5%-20.1%2.25ร—
2026-04-030.5%6.1%0.81ร—
2026-04-10-2.0%6.5%0.69ร—
2026-04-171.9%38.1%0.28ร—
2026-04-24-5.1%8.5%0.42ร—
2026-05-01-5.2%27.0%1.07ร—
2026-05-08-6.1%5.3%0.52ร—
2026-05-15-1.3%21.3%1.63ร—
2026-05-226.3%41.4%0.43ร—
2026-05-292.8%12.5%0.86ร—
2026-06-054.0%38.0%0.35ร—
2026-06-123.9%35.8%0.39ร—
2026-06-19-2.0%12.2%0.20ร—
2026-06-265.3%38.3%0.27ร—
2026-07-037.8%-4.9%0.27ร—
2026-07-101.7%-34.5%0.20ร—
2026-07-175.6%0.1%0.26ร—
2026-07-24-0.2%-23.5%0.17ร—
2026-07-31-2.2%-39.4%0.81ร—
2026-08-070.6%-28.2%0.68ร—
2026-08-14-3.6%-32.8%0.41ร—
2026-08-21-0.2%-30.8%0.17ร—
2026-08-28-2.7%-8.7%0.22ร—
2026-09-041.8%27.0%4.70ร—
2026-09-11-9.1%-63.5%21.13ร—
2026-09-18-10.5%-44.6%6.78ร—
2026-09-25-3.9%-22.7%6.12ร—
2026-10-02-9.4%-39.7%6.65ร—

Does support survive a longer view?

Advancing-week volume share against price return and closing pressure.

4 weeks32%up-week volume-9.4%price return-39.7%pressure
13 weeks37%up-week volume-10.0%price return-31.8%pressure
26 weeks42%up-week volume-6.5%price return-18.6%pressure
52 weeks57%up-week volume13.4%price return3.5%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

44% 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: 6% of the way from the weekly low to high.

Volume-weighted return tilt

-4.22 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

9.3 / 100

Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume9.3 / 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 0.75โ€“1.25ร—. Returns start at that weekโ€™s close. Each group uses non-overlapping completed outcomes.

Starting observationAfterHigh-volume examplesMedian returnOrdinary examplesMedian returnDifference
Advancing weeks4 weeks5โ€”5โ€”Limited sample
Advancing weeks13 weeks2โ€”2โ€”Limited sample
Declining weeks4 weeks1โ€”4โ€”Limited sample
Declining weeks13 weeks1โ€”2โ€”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 groupObservationOutcome dateReturn
High volume2025-11-142025-12-12-0.3%
High volume2026-01-092026-02-067.4%
High volume2026-03-272026-04-24-5.1%
High volume2026-05-152026-06-123.9%
High volume2026-09-042026-10-02-9.4%
Ordinary volume2025-11-072025-12-054.0%
Ordinary volume2026-01-302026-02-2714.8%
Ordinary volume2026-02-272026-03-27-7.5%
Ordinary volume2026-04-032026-05-01-5.2%
Ordinary volume2026-05-012026-05-292.8%

Advancing weeks ยท 13 weeks

Volume groupObservationOutcome dateReturn
High volume2025-11-142026-02-1321.1%
High volume2026-03-272026-06-265.5%
Ordinary volume2025-11-072026-02-0619.7%
Ordinary volume2026-02-062026-05-08-3.1%

Declining weeks ยท 4 weeks

Volume groupObservationOutcome dateReturn
High volume2026-03-062026-04-030.5%
Ordinary volume2025-11-212025-12-195.5%
Ordinary volume2026-01-022026-01-306.8%
Ordinary volume2026-05-292026-06-265.3%
Ordinary volume2026-07-312026-08-28-2.7%

Declining weeks ยท 13 weeks

Volume groupObservationOutcome dateReturn
High volume2026-03-062026-06-05-3.1%
Ordinary volume2025-11-212026-02-2025.4%
Ordinary volume2026-05-292026-08-281.6%

Price, activity and volume balance

Where volume is concentrated

2026-10-02Close 124.76
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 price125.36
Earlier activity area103.35 โ€“ 131.41
Recent volume balance-39.7%
Recent weekly volume3.97ร—
View chart values
Completed weekly observations
Week endingCloseVolume
2025-10-10109.294644
2025-10-17109.747029
2025-10-24109.607015
2025-10-31104.3114306
2025-11-07106.648941
2025-11-14110.2012073
2025-11-21107.467139
2025-11-28108.929395
2025-12-05110.9410127
2025-12-12109.859677
2025-12-19113.353960
2025-12-26115.4210455
2026-01-02114.216238
2026-01-09118.8813246
2026-01-16120.5512878
2026-01-23121.5715912
2026-01-30121.969999
2026-02-06127.7011075
2026-02-13133.429994
2026-02-20134.7413219
2026-02-27140.037476
2026-03-06132.7013926
2026-03-13134.386668
2026-03-20126.6212624
2026-03-27129.6022149
2026-04-03133.408125
2026-04-10131.706870
2026-04-17129.082758
2026-04-24122.944228
2026-05-01126.4410703
2026-05-08123.705183
2026-05-15127.4416312
2026-05-22130.644272
2026-05-29129.928587
2026-06-05128.603454
2026-06-12132.423822
2026-06-19128.041901
2026-06-26136.782502
2026-07-03138.662280
2026-07-10134.601669
2026-07-17135.241996
2026-07-24136.561187
2026-07-31135.685457
2026-08-07135.344147
2026-08-14130.442204
2026-08-21136.28781
2026-08-28132.02934
2026-09-04137.7619702
2026-09-11118.5688483
2026-09-18122.0428390
2026-09-25126.8225623
2026-10-02124.7627835

Earlier and recent activity

What has changed?

The recent comparison uses the last four completed weeks.

Activity centre

Higher

The recent centre moved +1.71% against the earlier part of this period.

Price and volume

No clear disagreement

Price changed -9.44% over four weeks. Volume balance is -39.7% on a scale from โˆ’100% to +100%.

Volume and price movement

More volume, clear price movement

Recent median weekly volume is 3.97ร— the earlier median. This describes price response, not the identity of buyers or sellers.

Recent closes

4 of 4 closes inside

Price was above 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
AfterExamplesMedian changeSample
4 weeks0โ€”Too few examples
13 weeks0โ€”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.

Connected research

Test the same listing from another angle

How to read this report

Choose the period

The selected period sets the profile and volume balance starting point. โ€œStart 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. 1 invalid records were excluded from the available history.

NOT ยท Volume & Price

Evidence context