The latest close is below the activity area established before the last four weeks. 1 of those four closes were below 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-5.4%4.0% over thirteen weeks
Latest relative volume5.64ร4.52ร recent four-week median
Closing pressure-54.9%Volume-weighted position within weekly ranges
Up-week volume share19.9%53.4% 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
10.5%
-27.7%
0.56ร
2025-10-17
-12.3%
-60.6%
0.53ร
2025-10-24
-8.3%
-62.6%
0.56ร
2025-10-31
-4.7%
-17.6%
2.60ร
2025-11-07
4.8%
-32.1%
10.61ร
2025-11-14
18.3%
-50.2%
7.48ร
2025-11-21
19.2%
-46.5%
10.33ร
2025-11-28
12.8%
-49.5%
0.77ร
2025-12-05
12.7%
-53.7%
12.87ร
2025-12-12
11.8%
-47.1%
0.94ร
2025-12-19
8.5%
-55.2%
8.97ร
2025-12-26
8.7%
-55.2%
0.76ร
2026-01-02
12.9%
-48.7%
0.66ร
2026-01-09
13.8%
-55.4%
7.57ร
2026-01-16
12.5%
-55.5%
4.61ร
2026-01-23
20.8%
-46.6%
1.16ร
2026-01-30
-11.4%
-53.4%
1.06ร
2026-02-06
-23.6%
-42.3%
0.26ร
2026-02-13
-18.1%
-5.4%
0.23ร
2026-02-20
-23.2%
-30.6%
0.07ร
2026-02-27
-9.7%
-14.8%
0.33ร
2026-03-06
-1.9%
-24.1%
0.33ร
2026-03-13
-17.0%
-60.7%
0.19ร
2026-03-20
-17.2%
-71.5%
0.05ร
2026-03-27
-11.6%
-63.1%
0.08ร
2026-04-03
-6.7%
-71.3%
0.55ร
2026-04-10
2.0%
-23.3%
0.25ร
2026-04-17
11.5%
-8.5%
0.68ร
2026-04-24
5.1%
-24.4%
0.26ร
2026-05-01
14.3%
-42.7%
9.16ร
2026-05-08
8.0%
-54.4%
1.79ร
2026-05-15
4.7%
-55.6%
0.42ร
2026-05-22
1.9%
-59.7%
2.49ร
2026-05-29
0.0%
-77.7%
0.29ร
2026-06-05
-1.9%
-61.6%
0.04ร
2026-06-12
-9.8%
-74.9%
0.02ร
2026-06-19
-2.8%
7.0%
0.11ร
2026-06-26
-9.8%
-52.5%
0.01ร
2026-07-03
-10.4%
-58.3%
0.03ร
2026-07-10
-3.0%
-52.3%
0.04ร
2026-07-17
-3.9%
6.7%
0.06ร
2026-07-24
11.9%
52.3%
1.69ร
2026-07-31
15.8%
19.6%
0.87ร
2026-08-07
17.4%
12.2%
0.51ร
2026-08-14
15.2%
8.6%
0.10ร
2026-08-21
0.9%
-48.0%
0.33ร
2026-08-28
0.9%
-29.2%
3.86ร
2026-09-04
1.7%
9.4%
2.49ร
2026-09-11
2.6%
-21.5%
6.74ร
2026-09-18
0.9%
-31.2%
3.09ร
2026-09-25
-5.4%
-54.9%
5.64ร
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
33% 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
-1.40 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
20.0 / 100
Price direction15.0 / 30
Closing pressure0.0 / 30
Up-week volume5.0 / 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
26
โ
5
โ
Limited sample
Advancing weeks
13 weeks
9
โ
4
โ
Limited sample
Declining weeks
4 weeks
19
-5.4%
12
3.4%
-8.8 points
Declining weeks
13 weeks
8
โ
6
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
2021-04-30
2021-05-28
97.1%
High volume
2021-05-28
2021-06-25
-11.1%
High volume
2021-06-25
2021-07-23
-10.8%
High volume
2021-08-27
2021-09-24
-7.9%
High volume
2021-10-15
2021-11-12
13.8%
High volume
2021-11-19
2021-12-17
37.1%
High volume
2021-12-17
2022-01-14
-9.2%
High volume
2022-01-14
2022-02-11
-2.8%
High volume
2022-02-18
2022-03-18
-22.2%
High volume
2023-01-27
2023-02-24
3.5%
High volume
2023-02-24
2023-03-24
-16.0%
High volume
2023-03-31
2023-04-28
-2.0%
High volume
2023-05-12
2023-06-09
-3.0%
High volume
2023-06-09
2023-07-07
-4.2%
High volume
2023-07-07
2023-08-04
-3.3%
High volume
2023-10-13
2023-11-10
-4.6%
High volume
2024-01-05
2024-02-02
-5.3%
High volume
2024-10-18
2024-11-15
-20.0%
High volume
2024-12-13
2025-01-10
1.5%
High volume
2025-01-10
2025-02-07
-8.6%
High volume
2025-02-21
2025-03-21
-18.6%
High volume
2025-10-31
2025-11-28
12.8%
High volume
2025-12-05
2026-01-02
12.9%
High volume
2026-01-16
2026-02-13
-18.1%
High volume
2026-05-01
2026-05-29
0.0%
High volume
2026-07-24
2026-08-21
0.9%
Ordinary volume
2021-10-22
2021-11-19
28.8%
Ordinary volume
2022-02-11
2022-03-11
-5.8%
Ordinary volume
2023-03-10
2023-04-07
-11.1%
Ordinary volume
2023-11-17
2023-12-15
-11.9%
Ordinary volume
2026-01-23
2026-02-20
-23.2%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-30
2021-07-30
47.5%
High volume
2021-08-27
2021-11-26
73.0%
High volume
2021-11-26
2022-02-25
-18.4%
High volume
2023-01-27
2023-04-28
-13.9%
High volume
2023-05-12
2023-08-11
-10.1%
High volume
2023-10-13
2024-01-12
-14.9%
High volume
2024-10-18
2025-01-17
-13.8%
High volume
2025-10-31
2026-01-30
21.6%
High volume
2026-05-01
2026-07-31
-1.8%
Ordinary volume
2021-10-22
2022-01-21
61.3%
Ordinary volume
2023-03-10
2023-06-09
-18.0%
Ordinary volume
2023-11-17
2024-02-16
-19.1%
Ordinary volume
2026-01-23
2026-04-24
-31.1%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-03-19
2021-04-16
-9.2%
High volume
2021-05-21
2021-06-18
-7.0%
High volume
2021-06-18
2021-07-16
-10.1%
High volume
2021-09-03
2021-10-01
-6.1%
High volume
2021-11-05
2021-12-03
71.4%
High volume
2021-12-03
2021-12-31
-14.4%
High volume
2021-12-31
2022-01-28
-16.8%
High volume
2022-11-25
2022-12-23
-14.7%
High volume
2023-04-14
2023-05-12
0.0%
High volume
2023-05-19
2023-06-16
2.2%
High volume
2023-06-16
2023-07-14
-3.2%
High volume
2023-09-22
2023-10-20
1.2%
High volume
2023-10-20
2023-11-17
-2.3%
High volume
2024-02-02
2024-03-01
-2.8%
High volume
2024-11-01
2024-11-29
-14.5%
High volume
2024-12-20
2025-01-17
1.5%
High volume
2025-02-28
2025-03-28
-14.1%
High volume
2026-05-08
2026-06-05
-1.9%
High volume
2026-08-28
2026-09-25
-5.4%
Ordinary volume
2021-07-30
2021-08-27
24.8%
Ordinary volume
2021-10-01
2021-10-29
34.3%
Ordinary volume
2021-11-12
2021-12-10
50.8%
Ordinary volume
2022-02-25
2022-03-25
-17.4%
Ordinary volume
2022-12-02
2022-12-30
-15.8%
Ordinary volume
2023-09-15
2023-10-13
1.2%
Ordinary volume
2023-11-24
2023-12-22
-10.8%
Ordinary volume
2023-12-29
2024-01-26
5.6%
Ordinary volume
2025-11-28
2025-12-26
8.7%
Ordinary volume
2025-12-26
2026-01-23
20.8%
Ordinary volume
2026-01-30
2026-02-27
-9.7%
Ordinary volume
2026-07-31
2026-08-28
0.9%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-03-19
2021-06-18
55.6%
High volume
2021-06-18
2021-09-17
7.6%
High volume
2021-11-05
2022-02-04
24.6%
High volume
2022-11-25
2023-02-24
-23.7%
High volume
2023-04-14
2023-07-14
-9.1%
High volume
2023-09-22
2023-12-22
-12.9%
High volume
2024-11-01
2025-01-31
-9.2%
High volume
2026-05-08
2026-08-07
6.5%
Ordinary volume
2021-07-30
2021-10-29
43.6%
Ordinary volume
2021-11-12
2022-02-11
39.5%
Ordinary volume
2022-12-02
2023-03-03
-23.7%
Ordinary volume
2023-09-15
2023-12-15
-14.0%
Ordinary volume
2023-12-29
2024-03-29
-9.9%
Ordinary volume
2025-11-28
2026-02-27
-2.6%
Price, activity and volume balance
Where volume is concentrated
2026-09-25Close 105.00
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 price113.86
Earlier activity area108.42 โ 153.33
Recent volume balance-54.9%
Recent weekly volume1.97ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-03
107.00
52223800
2025-10-10
105.00
11645900
2025-10-17
93.00
11120500
2025-10-24
99.00
11771000
2025-10-31
102.00
54349000
2025-11-07
110.00
222200300
2025-11-14
110.00
156599500
2025-11-21
118.00
216271700
2025-11-28
115.00
28169500
2025-12-05
124.00
516421400
2025-12-12
123.00
49169400
2025-12-19
128.00
467514600
2025-12-26
125.00
40383500
2026-01-02
140.00
35230400
2026-01-09
140.00
403569900
2026-01-16
144.00
264867400
2026-01-23
151.00
77567600
2026-01-30
124.00
80034000
2026-02-06
107.00
19943100
2026-02-13
118.00
17034000
2026-02-20
116.00
4370900
2026-02-27
112.00
21950400
2026-03-06
105.00
17832800
2026-03-13
98.00
10045300
2026-03-20
96.00
2483900
2026-03-27
99.00
3518200
2026-04-03
98.00
20627700
2026-04-10
100.00
8022000
2026-04-17
107.00
21670200
2026-04-24
104.00
8329600
2026-05-01
112.00
290475800
2026-05-08
108.00
56691000
2026-05-15
112.00
13174700
2026-05-22
106.00
62463400
2026-05-29
112.00
7191200
2026-06-05
106.00
811600
2026-06-12
101.00
435000
2026-06-19
103.00
2154900
2026-06-26
101.00
264200
2026-07-03
95.00
458700
2026-07-10
98.00
537900
2026-07-17
99.00
735400
2026-07-24
113.00
15516100
2026-07-31
110.00
8021200
2026-08-07
115.00
4187700
2026-08-14
114.00
772000
2026-08-21
114.00
2480500
2026-08-28
111.00
29325500
2026-09-04
117.00
18941100
2026-09-11
117.00
51241900
2026-09-18
115.00
23491400
2026-09-25
105.00
45202300
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -12.11% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -5.41% over four weeks. Volume balance is -54.9% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 1.97ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
1 of 4 closes below
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
Further closes below the earlier area would show that price is staying outside it. Compare them with the direction of recent volume balance.
Returning inside
A close back inside the earlier area would weaken the move outside it. Check whether the return lasts more than one week.
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
10
-2.66
Available
13 weeks
4
โ
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.
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.
Search markets
Search by ticker symbol or company name and select a result to open its chart.
Markets includedUnited States
Start typing to find a stock or ETF.
Market search
Choose countries
Choose one or more countries for market search, or include every covered market.
Currently searching United States
Sharemaestro
Send a message
Ask a question, report a correction, or send a publisher/support note.
Cookie preferences
Essential cookies keep Sharemaestro secure and working. Choose whether we may use optional persistent analytics and advertising technologies. Limited cookieless server measurement continues for aggregate traffic and security.