The latest close is below the activity area established before the last four weeks. 4 of those four closes were below that area. Recent volume balance is negative; the estimated activity centre is lower.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 2026-10-09
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-20.2%-25.1% over thirteen weeks
Latest relative volume0.63ร0.90ร recent four-week median
Closing pressure-63.1%Volume-weighted position within weekly ranges
Up-week volume share28.8%62.5% in declining weeks ยท last 13 weeks
13-week range breakdown
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
47.0%
-33.5%
12.21ร
2025-10-24
36.5%
-43.2%
6.02ร
2025-10-31
5.1%
-49.2%
1.96ร
2025-11-07
-34.4%
-63.4%
2.48ร
2025-11-14
-25.8%
-33.2%
1.88ร
2025-11-21
-43.7%
-41.5%
1.53ร
2025-11-28
-27.1%
-25.8%
0.57ร
2025-12-05
-6.3%
-23.7%
0.79ร
2025-12-12
13.6%
-6.8%
0.79ร
2025-12-19
17.8%
14.9%
1.11ร
2025-12-26
2.1%
-9.7%
0.50ร
2026-01-02
-10.8%
-15.0%
0.53ร
2026-01-09
17.4%
16.5%
1.30ร
2026-01-16
21.7%
10.1%
1.17ร
2026-01-23
23.0%
21.6%
0.82ร
2026-01-30
9.2%
-4.2%
1.04ร
2026-02-06
-13.2%
-14.0%
0.75ร
2026-02-13
-21.3%
-19.6%
0.54ร
2026-02-20
-24.5%
-34.9%
0.32ร
2026-02-27
-8.7%
-5.8%
0.41ร
2026-03-06
-19.1%
-50.5%
0.38ร
2026-03-13
-12.6%
-36.5%
0.56ร
2026-03-20
-18.3%
-42.4%
0.57ร
2026-03-27
-27.9%
-63.8%
0.36ร
2026-04-03
-17.5%
-40.1%
0.49ร
2026-04-10
-14.2%
-31.7%
0.43ร
2026-04-17
17.2%
17.3%
0.75ร
2026-04-24
23.3%
8.9%
0.86ร
2026-05-01
17.6%
2.3%
1.12ร
2026-05-08
11.2%
-12.4%
1.19ร
2026-05-15
-7.9%
-49.4%
1.45ร
2026-05-22
-1.5%
-17.6%
1.29ร
2026-05-29
10.4%
-21.8%
1.53ร
2026-06-05
-1.9%
-33.5%
1.39ร
2026-06-12
8.0%
-30.5%
4.69ร
2026-06-19
-3.4%
-47.7%
1.02ร
2026-06-26
-24.7%
-54.9%
0.93ร
2026-07-03
-9.7%
-40.8%
0.67ร
2026-07-10
-22.2%
-39.1%
0.78ร
2026-07-17
-24.4%
-36.1%
0.75ร
2026-07-24
-18.8%
-41.3%
0.57ร
2026-07-31
-25.6%
-61.1%
0.96ร
2026-08-07
-0.8%
-30.1%
0.86ร
2026-08-14
5.5%
-27.3%
0.58ร
2026-08-21
16.3%
11.5%
0.78ร
2026-08-28
23.0%
32.9%
0.95ร
2026-09-04
6.5%
30.7%
0.89ร
2026-09-11
-0.8%
30.7%
0.47ร
2026-09-18
-15.2%
-5.0%
1.16ร
2026-09-25
-12.1%
-21.2%
0.63ร
2026-10-02
-21.2%
-63.2%
1.67ร
2026-10-09
-20.2%
-63.1%
0.63ร
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
76% 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: 7% of the way from the weekly low to high.
Volume-weighted return tilt
0.27 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
7.2 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume7.2 / 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
-14.5%
10
-10.7%
-3.8 points
Advancing weeks
13 weeks
6
โ
4
โ
Limited sample
Declining weeks
4 weeks
10
7.8%
10
-1.6%
9.4 points
Declining weeks
13 weeks
5
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
2024-04-05
2024-05-03
-22.2%
High volume
2024-06-28
2024-07-26
-19.2%
High volume
2024-09-20
2024-10-18
-4.0%
High volume
2024-11-22
2024-12-20
24.7%
High volume
2024-12-20
2025-01-17
80.2%
High volume
2025-01-31
2025-02-28
-38.3%
High volume
2025-05-02
2025-05-30
-12.7%
High volume
2025-06-27
2025-07-25
116.1%
High volume
2025-07-25
2025-08-22
-16.3%
High volume
2025-09-19
2025-10-17
47.0%
High volume
2025-10-24
2025-11-21
-43.7%
High volume
2026-05-29
2026-06-26
-24.7%
Ordinary volume
2024-05-17
2024-06-14
-29.8%
Ordinary volume
2024-07-12
2024-08-09
-10.6%
Ordinary volume
2024-10-25
2024-11-22
-11.0%
Ordinary volume
2024-11-29
2024-12-27
260.1%
Ordinary volume
2025-02-28
2025-03-28
3.0%
Ordinary volume
2025-04-11
2025-05-09
41.7%
Ordinary volume
2025-12-05
2026-01-02
-10.8%
Ordinary volume
2026-01-16
2026-02-13
-21.3%
Ordinary volume
2026-08-07
2026-09-04
6.5%
Ordinary volume
2026-09-04
2026-10-02
-21.2%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2024-04-05
2024-07-05
-42.6%
High volume
2024-09-20
2024-12-20
6.7%
High volume
2024-12-20
2025-03-21
-7.2%
High volume
2025-05-02
2025-08-01
46.7%
High volume
2025-08-15
2025-11-14
30.0%
High volume
2026-05-29
2026-08-28
-28.8%
Ordinary volume
2024-05-17
2024-08-16
-31.8%
Ordinary volume
2024-10-25
2025-01-24
41.0%
Ordinary volume
2025-02-28
2025-05-30
31.0%
Ordinary volume
2025-12-05
2026-03-06
-18.8%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2024-09-27
2024-10-25
2.0%
High volume
2024-11-15
2024-12-13
11.4%
High volume
2025-01-03
2025-01-31
-34.4%
High volume
2025-02-07
2025-03-07
-22.9%
High volume
2025-05-09
2025-06-06
4.3%
High volume
2025-07-11
2025-08-08
28.0%
High volume
2025-08-08
2025-09-05
11.6%
High volume
2025-09-05
2025-10-03
103.3%
High volume
2025-10-17
2025-11-14
-25.8%
High volume
2025-11-14
2025-12-12
13.6%
Ordinary volume
2024-04-12
2024-05-10
-21.1%
Ordinary volume
2024-07-05
2024-08-02
-1.6%
Ordinary volume
2024-10-11
2024-11-08
-1.6%
Ordinary volume
2024-12-06
2025-01-03
178.2%
Ordinary volume
2025-04-04
2025-05-02
56.3%
Ordinary volume
2025-12-12
2026-01-09
17.4%
Ordinary volume
2026-01-23
2026-02-20
-24.5%
Ordinary volume
2026-04-24
2026-05-22
-1.5%
Ordinary volume
2026-06-19
2026-07-17
-24.4%
Ordinary volume
2026-07-17
2026-08-14
5.5%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2024-09-27
2024-12-27
242.8%
High volume
2025-01-03
2025-04-04
-61.1%
High volume
2025-05-09
2025-08-08
53.6%
High volume
2025-08-08
2025-11-07
106.1%
High volume
2025-11-07
2026-02-06
-6.0%
Ordinary volume
2024-04-12
2024-07-12
-33.9%
Ordinary volume
2024-07-26
2024-10-25
-1.0%
Ordinary volume
2024-11-01
2025-01-31
63.1%
Ordinary volume
2025-04-04
2025-07-04
90.6%
Ordinary volume
2025-12-12
2026-03-13
-18.8%
Ordinary volume
2026-04-24
2026-07-24
-32.6%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 1.97
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 price3.41
Earlier activity area2.40 โ 5.16
Recent volume balance-63.1%
Recent weekly volume0.84ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
4.85
219892821
2025-10-24
5.98
115442315
2025-10-31
5.13
39501833
2025-11-07
4.43
50120593
2025-11-14
3.60
38427700
2025-11-21
3.37
41138490
2025-11-28
3.74
19344311
2025-12-05
4.15
26546712
2025-12-12
4.09
26667481
2025-12-19
3.97
37450484
2025-12-26
3.82
17439587
2026-01-02
3.70
18277294
2026-01-09
4.80
45247068
2026-01-16
4.83
42639120
2026-01-23
4.70
30963354
2026-01-30
4.04
37897385
2026-02-06
4.16
28212284
2026-02-13
3.80
20373592
2026-02-20
3.55
11919320
2026-02-27
3.69
15297622
2026-03-06
3.37
14334499
2026-03-13
3.32
20950478
2026-03-20
2.90
21579166
2026-03-27
2.66
12227492
2026-04-03
2.78
14441501
2026-04-10
2.85
11757085
2026-04-17
3.40
19907697
2026-04-24
3.28
20720079
2026-05-01
3.27
23727387
2026-05-08
3.17
25278425
2026-05-15
3.13
30882801
2026-05-22
3.23
27339143
2026-05-29
3.61
32451548
2026-06-05
3.11
31571191
2026-06-12
3.38
106302023
2026-06-19
3.12
23163339
2026-06-26
2.72
20780942
2026-07-03
2.81
15025466
2026-07-10
2.63
17385333
2026-07-17
2.36
16023587
2026-07-24
2.21
11988167
2026-07-31
2.09
19931882
2026-08-07
2.61
17595722
2026-08-14
2.49
11626361
2026-08-21
2.57
15514197
2026-08-28
2.57
18993556
2026-09-04
2.78
17638468
2026-09-11
2.47
9403178
2026-09-18
2.18
22624922
2026-09-25
2.26
12248215
2026-10-02
2.19
32566030
2026-10-09
1.97
12578230
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -49.90% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -20.24% over four weeks. Volume balance is -63.1% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 0.84ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 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
1
โ
Too few examples
13 weeks
0
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 about our research, get help with the site, or send a correction.
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.