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 little changed.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price · 2026-10-09
Advance on lighter volume
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move5.9%-7.9% over thirteen weeks
Latest relative volume0.50×0.64× recent four-week median
Closing pressure51.5%Volume-weighted position within weekly ranges
Up-week volume share47.5%52.5% in declining weeks · 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
-2.2%
-38.5%
0.73×
2025-10-24
4.1%
-7.8%
1.03×
2025-10-31
11.8%
23.9%
2.66×
2025-11-07
15.9%
34.9%
1.09×
2025-11-14
10.3%
23.3%
0.89×
2025-11-21
6.4%
19.6%
0.77×
2025-11-28
1.4%
7.1%
0.68×
2025-12-05
-0.7%
-20.6%
0.71×
2025-12-12
-0.1%
-1.8%
0.95×
2025-12-19
-0.9%
-28.9%
0.75×
2025-12-26
-4.6%
-50.8%
0.39×
2026-01-02
11.3%
20.2%
1.64×
2026-01-09
14.6%
46.3%
2.18×
2026-01-16
19.7%
61.7%
2.46×
2026-01-23
38.5%
62.6%
5.91×
2026-01-30
13.5%
21.7%
3.83×
2026-02-06
11.3%
-0.3%
3.30×
2026-02-13
10.2%
-18.5%
2.98×
2026-02-20
-1.8%
-53.7%
2.74×
2026-02-27
-7.7%
-49.6%
3.75×
2026-03-06
-2.5%
-17.9%
4.30×
2026-03-13
-6.2%
-14.5%
2.43×
2026-03-20
-9.2%
-22.3%
2.25×
2026-03-27
3.6%
-13.6%
1.70×
2026-04-03
-1.7%
-40.9%
0.95×
2026-04-10
9.1%
-16.3%
1.14×
2026-04-17
12.7%
6.0%
1.15×
2026-04-24
1.5%
-3.0%
1.40×
2026-05-01
-0.5%
-10.8%
1.41×
2026-05-08
-8.3%
-16.8%
1.22×
2026-05-15
-13.0%
-33.5%
0.99×
2026-05-22
-0.7%
-10.9%
0.63×
2026-05-29
4.8%
-1.0%
0.70×
2026-06-05
10.6%
0.8%
1.17×
2026-06-12
12.4%
7.1%
0.70×
2026-06-19
6.8%
-9.2%
0.44×
2026-06-26
3.2%
-6.2%
0.49×
2026-07-03
-3.3%
-20.8%
0.52×
2026-07-10
-0.9%
4.4%
0.58×
2026-07-17
0.7%
0.9%
0.74×
2026-07-24
-8.3%
-33.6%
0.82×
2026-07-31
-5.3%
-5.4%
1.80×
2026-08-07
-6.4%
-16.6%
1.10×
2026-08-14
-8.4%
-5.3%
0.94×
2026-08-21
-2.0%
11.8%
0.91×
2026-08-28
-5.3%
-12.6%
0.61×
2026-09-04
-5.9%
10.0%
0.85×
2026-09-11
-5.5%
-2.8%
0.45×
2026-09-18
7.9%
41.0%
2.01×
2026-09-25
6.2%
50.1%
0.78×
2026-10-02
4.8%
41.2%
0.52×
2026-10-09
5.9%
51.5%
0.50×
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
35% 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: 84% of the way from the weekly low to high.
Volume-weighted return tilt
1.24 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
48.7 / 100
Price direction15.0 / 30
Closing pressure15.4 / 30
Up-week volume11.9 / 25
Volume confirmation6.4 / 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 1.5× its preceding 26-week median; ordinary volume is 0.75–1.25×. Returns start at that week’s 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
23
4.8%
28
-4.4%
9.2 points
Advancing weeks
13 weeks
10
0.7%
12
-1.1%
1.8 points
Declining weeks
4 weeks
17
2.0%
33
-3.0%
5.0 points
Declining weeks
13 weeks
9
-8.0%
16
-11.5%
3.6 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 · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-23
2021-05-21
0.6%
High volume
2021-07-02
2021-07-30
-9.3%
High volume
2021-12-31
2022-01-28
16.5%
High volume
2022-01-28
2022-02-25
-28.4%
High volume
2022-02-25
2022-03-25
17.0%
High volume
2022-08-05
2022-09-02
-17.2%
High volume
2022-09-02
2022-09-30
-11.8%
High volume
2023-03-03
2023-03-31
9.5%
High volume
2023-03-31
2023-04-28
8.5%
High volume
2023-05-19
2023-06-16
10.5%
High volume
2023-08-04
2023-09-01
25.6%
High volume
2023-09-01
2023-09-29
-8.5%
High volume
2023-11-03
2023-12-01
7.4%
High volume
2024-03-01
2024-03-29
10.2%
High volume
2024-03-29
2024-04-26
-14.0%
High volume
2025-06-06
2025-07-04
8.1%
High volume
2025-07-11
2025-08-08
41.6%
High volume
2025-08-08
2025-09-05
4.8%
High volume
2025-10-31
2025-11-28
1.4%
High volume
2026-01-02
2026-01-30
13.5%
High volume
2026-02-06
2026-03-06
-2.5%
High volume
2026-03-06
2026-04-03
-1.7%
High volume
2026-07-31
2026-08-28
-5.3%
Ordinary volume
2021-08-27
2021-09-24
-7.2%
Ordinary volume
2021-10-08
2021-11-05
-27.5%
Ordinary volume
2021-11-12
2021-12-10
-10.5%
Ordinary volume
2022-05-27
2022-06-24
-15.2%
Ordinary volume
2022-07-29
2022-08-26
-14.8%
Ordinary volume
2023-02-17
2023-03-17
20.1%
Ordinary volume
2023-04-14
2023-05-12
3.7%
Ordinary volume
2023-06-09
2023-07-07
0.1%
Ordinary volume
2023-07-14
2023-08-11
16.5%
Ordinary volume
2023-08-25
2023-09-22
14.5%
Ordinary volume
2023-10-06
2023-11-03
-20.7%
Ordinary volume
2023-11-17
2023-12-15
3.1%
Ordinary volume
2023-12-22
2024-01-19
-12.1%
Ordinary volume
2024-02-23
2024-03-22
30.4%
Ordinary volume
2024-05-10
2024-06-07
-3.1%
Ordinary volume
2024-07-12
2024-08-09
-6.0%
Ordinary volume
2024-08-16
2024-09-13
-7.7%
Ordinary volume
2024-10-25
2024-11-22
-2.1%
Ordinary volume
2024-11-22
2024-12-20
-10.2%
Ordinary volume
2025-02-14
2025-03-14
-2.5%
Ordinary volume
2025-03-21
2025-04-18
-10.0%
Ordinary volume
2025-05-09
2025-06-06
-14.1%
Ordinary volume
2025-09-05
2025-10-03
-5.5%
Ordinary volume
2025-10-03
2025-10-31
11.8%
Ordinary volume
2025-11-07
2025-12-05
-0.7%
Ordinary volume
2026-04-03
2026-05-01
-0.5%
Ordinary volume
2026-06-05
2026-07-03
-3.3%
Ordinary volume
2026-08-07
2026-09-04
-5.9%
Advancing weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-23
2021-07-23
8.0%
High volume
2021-12-31
2022-04-01
-12.3%
High volume
2022-08-05
2022-11-04
-31.1%
High volume
2023-03-03
2023-06-02
13.8%
High volume
2023-08-04
2023-11-03
-6.9%
High volume
2023-11-03
2024-02-02
6.5%
High volume
2024-03-01
2024-05-31
-6.0%
High volume
2025-06-06
2025-09-05
74.9%
High volume
2025-10-31
2026-01-30
26.6%
High volume
2026-02-06
2026-05-08
-5.0%
Ordinary volume
2021-08-27
2021-11-26
-40.0%
Ordinary volume
2022-05-27
2022-08-26
-34.0%
Ordinary volume
2023-02-17
2023-05-19
30.9%
Ordinary volume
2023-06-09
2023-09-08
33.4%
Ordinary volume
2023-10-06
2024-01-05
-21.7%
Ordinary volume
2024-02-23
2024-05-24
15.8%
Ordinary volume
2024-07-12
2024-10-11
-13.2%
Ordinary volume
2024-10-25
2025-01-24
-8.1%
Ordinary volume
2025-02-14
2025-05-16
-10.1%
Ordinary volume
2025-05-16
2025-08-15
35.0%
Ordinary volume
2025-09-05
2025-12-05
5.9%
Ordinary volume
2026-04-03
2026-07-03
6.0%
Declining weeks · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-08-20
2021-09-17
2.4%
High volume
2021-10-29
2021-11-26
-12.2%
High volume
2021-11-26
2021-12-24
-15.2%
High volume
2022-02-04
2022-03-04
-19.7%
High volume
2022-07-01
2022-07-29
-2.6%
High volume
2022-08-26
2022-09-23
-11.9%
High volume
2023-03-24
2023-04-21
14.8%
High volume
2023-08-18
2023-09-15
14.6%
High volume
2023-09-15
2023-10-13
2.0%
High volume
2023-10-27
2023-11-24
42.3%
High volume
2024-04-26
2024-05-24
1.9%
High volume
2025-04-11
2025-05-09
-9.1%
High volume
2025-05-23
2025-06-20
4.0%
High volume
2025-07-18
2025-08-15
44.4%
High volume
2025-08-15
2025-09-12
3.5%
High volume
2026-01-30
2026-02-27
-7.7%
High volume
2026-02-27
2026-03-27
3.6%
Ordinary volume
2021-05-14
2021-06-11
-3.4%
Ordinary volume
2021-07-16
2021-08-13
-16.3%
Ordinary volume
2021-08-13
2021-09-10
-1.8%
Ordinary volume
2021-09-24
2021-10-22
-12.9%
Ordinary volume
2021-11-19
2021-12-17
-18.7%
Ordinary volume
2022-04-29
2022-05-27
-15.8%
Ordinary volume
2022-06-10
2022-07-08
-21.7%
Ordinary volume
2022-07-08
2022-08-05
8.6%
Ordinary volume
2022-08-19
2022-09-16
-25.3%
Ordinary volume
2022-09-23
2022-10-21
9.7%
Ordinary volume
2022-12-23
2023-01-20
23.7%
Ordinary volume
2023-05-12
2023-06-09
13.8%
Ordinary volume
2023-06-30
2023-07-28
2.6%
Ordinary volume
2023-09-29
2023-10-27
-35.2%
Ordinary volume
2023-11-10
2023-12-08
11.2%
Ordinary volume
2023-12-15
2024-01-12
-6.6%
Ordinary volume
2024-04-05
2024-05-03
-11.0%
Ordinary volume
2024-06-14
2024-07-12
-3.8%
Ordinary volume
2024-07-26
2024-08-23
-3.0%
Ordinary volume
2024-08-30
2024-09-27
-3.0%
Ordinary volume
2024-09-27
2024-10-25
-2.4%
Ordinary volume
2024-11-15
2024-12-13
-5.0%
Ordinary volume
2024-12-13
2025-01-10
-5.8%
Ordinary volume
2025-02-07
2025-03-07
0.7%
Ordinary volume
2025-04-04
2025-05-02
-15.7%
Ordinary volume
2025-06-13
2025-07-11
20.9%
Ordinary volume
2025-08-29
2025-09-26
-4.1%
Ordinary volume
2025-10-10
2025-11-07
15.9%
Ordinary volume
2025-11-14
2025-12-12
-0.1%
Ordinary volume
2025-12-12
2026-01-09
14.6%
Ordinary volume
2026-05-08
2026-06-05
10.6%
Ordinary volume
2026-07-24
2026-08-21
-2.0%
Ordinary volume
2026-08-21
2026-09-18
7.9%
Declining weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-08-20
2021-11-19
-30.2%
High volume
2021-11-26
2022-02-25
-25.6%
High volume
2022-07-01
2022-09-30
-25.9%
High volume
2023-03-24
2023-06-23
29.5%
High volume
2023-08-18
2023-11-17
-5.8%
High volume
2024-04-26
2024-07-26
-12.6%
High volume
2025-04-11
2025-07-11
-8.0%
High volume
2025-07-18
2025-10-17
45.5%
High volume
2026-01-30
2026-05-01
-4.6%
Ordinary volume
2021-05-14
2021-08-13
-13.9%
Ordinary volume
2021-08-13
2021-11-12
-30.3%
Ordinary volume
2021-11-19
2022-02-18
-37.7%
Ordinary volume
2022-04-29
2022-07-29
-34.8%
Ordinary volume
2022-08-19
2022-11-18
-33.3%
Ordinary volume
2022-12-23
2023-03-24
60.3%
Ordinary volume
2023-05-12
2023-08-11
33.3%
Ordinary volume
2023-09-29
2023-12-29
-12.5%
Ordinary volume
2023-12-29
2024-03-29
46.3%
Ordinary volume
2024-04-05
2024-07-05
-25.5%
Ordinary volume
2024-07-26
2024-10-25
-10.5%
Ordinary volume
2024-11-15
2025-02-14
-4.5%
Ordinary volume
2025-04-04
2025-07-04
-18.5%
Ordinary volume
2025-07-04
2025-10-03
52.9%
Ordinary volume
2025-10-10
2026-01-09
30.7%
Ordinary volume
2026-05-08
2026-08-07
1.6%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 16.46
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 price16.44
Earlier activity area15.80 – 18.34
Recent volume balance51.5%
Recent weekly volume0.64×
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
12.33
128889
2025-10-24
12.62
181146
2025-10-31
13.68
468614
2025-11-07
13.81
196320
2025-11-14
13.60
164644
2025-11-21
13.42
141741
2025-11-28
13.88
121844
2025-12-05
13.71
124706
2025-12-12
13.59
164670
2025-12-19
13.30
128782
2025-12-26
13.24
65864
2026-01-02
15.27
278181
2026-01-09
15.57
384443
2026-01-16
15.92
434270
2026-01-23
18.34
1041629
2026-01-30
17.32
674680
2026-02-06
17.33
582580
2026-02-13
17.55
526283
2026-02-20
18.01
482694
2026-02-27
15.98
660728
2026-03-06
16.90
774361
2026-03-13
16.46
448222
2026-03-20
16.36
432479
2026-03-27
16.56
403510
2026-04-03
16.61
314603
2026-04-10
17.95
398161
2026-04-17
18.43
450309
2026-04-24
16.81
561515
2026-05-01
16.52
590605
2026-05-08
16.46
509548
2026-05-15
16.04
426925
2026-05-22
16.68
271557
2026-05-29
17.31
303079
2026-06-05
18.20
508268
2026-06-12
18.03
309274
2026-06-19
17.82
192010
2026-06-26
17.86
217919
2026-07-03
17.60
230364
2026-07-10
17.86
254917
2026-07-17
17.95
325400
2026-07-24
16.38
361858
2026-07-31
16.66
775564
2026-08-07
16.72
473136
2026-08-14
16.45
405272
2026-08-21
16.05
376697
2026-08-28
15.77
248579
2026-09-04
15.74
342672
2026-09-11
15.54
174806
2026-09-18
17.31
743527
2026-09-25
16.74
289080
2026-10-02
16.50
183730
2026-10-09
16.46
176286
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Little changed
The recent centre moved -0.64% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +5.92% over four weeks. Volume balance is +51.5% on a scale from −100% to +100%.
Volume and price movement
Recent volume is below its earlier norm
Recent median weekly volume is 0.64× the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 of 4 closes inside
Price was below 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 · 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
12
2.82
Available
13 weeks
5
-9.3
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. “Start from a date” 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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