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. 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
Priceโpressure disagreement
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-1.2%-3.5% over thirteen weeks
Latest relative volume1.13ร1.22ร recent four-week median
Closing pressure24.5%Volume-weighted position within weekly ranges
Up-week volume share42.8%57.2% 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
1.1%
-25.6%
1.19ร
2025-10-24
-3.9%
-37.4%
0.93ร
2025-10-31
-9.6%
-56.1%
0.69ร
2025-11-07
8.6%
5.6%
1.48ร
2025-11-14
16.8%
43.3%
1.49ร
2025-11-21
12.3%
23.6%
0.94ร
2025-11-28
24.0%
45.0%
0.71ร
2025-12-05
4.3%
7.9%
0.91ร
2025-12-12
-2.2%
-15.6%
0.89ร
2025-12-19
0.3%
-20.8%
1.02ร
2025-12-26
-4.3%
-44.7%
0.54ร
2026-01-02
-3.6%
-42.5%
0.56ร
2026-01-09
3.0%
-2.7%
1.11ร
2026-01-16
7.1%
39.1%
0.74ร
2026-01-23
4.6%
37.9%
0.58ร
2026-01-30
8.1%
43.6%
0.71ร
2026-02-06
8.0%
36.5%
0.97ร
2026-02-13
15.2%
54.5%
1.62ร
2026-02-20
9.8%
40.3%
0.94ร
2026-02-27
6.1%
29.9%
0.92ร
2026-03-06
-0.8%
7.0%
0.65ร
2026-03-13
-10.8%
-49.5%
0.87ร
2026-03-20
-4.5%
-44.7%
1.21ร
2026-03-27
-0.5%
-35.5%
0.76ร
2026-04-03
4.7%
-15.1%
0.78ร
2026-04-10
11.2%
9.0%
0.67ร
2026-04-17
15.4%
52.7%
0.79ร
2026-04-24
16.2%
70.2%
1.04ร
2026-05-01
13.4%
72.8%
1.12ร
2026-05-08
4.3%
29.9%
1.16ร
2026-05-15
0.2%
13.5%
1.25ร
2026-05-22
-3.8%
2.7%
1.03ร
2026-05-29
-3.6%
-22.3%
0.76ร
2026-06-05
-5.8%
-20.4%
1.00ร
2026-06-12
-7.0%
-11.9%
1.65ร
2026-06-19
-3.8%
-1.6%
1.06ร
2026-06-26
-3.5%
16.2%
1.26ร
2026-07-03
0.0%
32.5%
0.77ร
2026-07-10
-0.1%
24.3%
0.79ร
2026-07-17
-0.6%
6.4%
0.76ร
2026-07-24
-2.0%
-1.7%
0.89ร
2026-07-31
-1.0%
-8.8%
0.93ร
2026-08-07
7.6%
16.1%
1.15ร
2026-08-14
9.6%
28.4%
0.95ร
2026-08-21
2.9%
-2.1%
1.01ร
2026-08-28
4.4%
13.7%
0.82ร
2026-09-04
-6.8%
-24.5%
1.96ร
2026-09-11
-12.3%
-49.9%
0.75ร
2026-09-18
-8.0%
-26.5%
1.25ร
2026-09-25
-8.9%
-35.2%
1.29ร
2026-10-02
-4.3%
-7.3%
1.08ร
2026-10-09
-1.2%
24.5%
1.13ร
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
32% 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: 88% of the way from the weekly low to high.
Volume-weighted return tilt
-0.18 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
18.0 / 100
Price direction0.0 / 30
Closing pressure7.3 / 30
Up-week volume10.7 / 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
15
-1.2%
42
1.3%
-2.5 points
Advancing weeks
13 weeks
9
-2.9%
18
2.3%
-5.2 points
Declining weeks
4 weeks
19
1.6%
36
0.2%
1.4 points
Declining weeks
13 weeks
11
0.2%
17
2.6%
-2.4 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 ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-14
2021-06-11
11.4%
High volume
2022-02-04
2022-03-04
20.1%
High volume
2022-03-04
2022-04-01
-1.2%
High volume
2022-08-12
2022-09-09
-9.2%
High volume
2022-10-28
2022-11-25
12.9%
High volume
2023-03-24
2023-04-21
11.1%
High volume
2023-06-02
2023-06-30
0.5%
High volume
2023-09-01
2023-09-29
-8.1%
High volume
2023-10-13
2023-11-10
16.9%
High volume
2023-12-15
2024-01-12
-12.4%
High volume
2024-05-10
2024-06-07
-2.6%
High volume
2024-07-12
2024-08-09
-6.1%
High volume
2025-05-16
2025-06-13
-5.3%
High volume
2025-06-27
2025-07-25
2.5%
High volume
2026-02-13
2026-03-13
-10.8%
Ordinary volume
2021-04-23
2021-05-21
-12.0%
Ordinary volume
2021-05-21
2021-06-18
10.2%
Ordinary volume
2021-06-18
2021-07-16
-1.1%
Ordinary volume
2021-09-24
2021-10-22
5.1%
Ordinary volume
2021-10-22
2021-11-19
4.8%
Ordinary volume
2021-12-24
2022-01-21
-26.6%
Ordinary volume
2022-03-25
2022-04-22
-11.3%
Ordinary volume
2022-05-20
2022-06-17
-7.1%
Ordinary volume
2022-06-24
2022-07-22
-11.0%
Ordinary volume
2022-07-22
2022-08-19
25.9%
Ordinary volume
2022-11-04
2022-12-02
15.7%
Ordinary volume
2022-12-02
2022-12-30
-7.7%
Ordinary volume
2023-02-03
2023-03-03
-18.7%
Ordinary volume
2023-03-31
2023-04-28
-0.8%
Ordinary volume
2023-05-19
2023-06-16
6.0%
Ordinary volume
2023-06-30
2023-07-28
5.7%
Ordinary volume
2023-11-03
2023-12-01
16.6%
Ordinary volume
2023-12-01
2023-12-29
10.2%
Ordinary volume
2024-02-16
2024-03-15
-6.8%
Ordinary volume
2024-04-26
2024-05-24
28.4%
Ordinary volume
2024-06-14
2024-07-12
5.6%
Ordinary volume
2024-07-26
2024-08-23
1.4%
Ordinary volume
2024-08-23
2024-09-20
4.2%
Ordinary volume
2024-10-04
2024-11-01
-0.4%
Ordinary volume
2024-11-22
2024-12-20
-4.9%
Ordinary volume
2025-01-03
2025-01-31
0.9%
Ordinary volume
2025-02-07
2025-03-07
6.1%
Ordinary volume
2025-03-07
2025-04-04
-8.2%
Ordinary volume
2025-04-18
2025-05-16
17.8%
Ordinary volume
2025-06-06
2025-07-04
9.0%
Ordinary volume
2025-07-11
2025-08-08
-6.2%
Ordinary volume
2025-08-08
2025-09-05
9.7%
Ordinary volume
2025-09-19
2025-10-17
1.1%
Ordinary volume
2025-10-24
2025-11-21
12.3%
Ordinary volume
2026-01-09
2026-02-06
8.0%
Ordinary volume
2026-02-06
2026-03-06
-0.8%
Ordinary volume
2026-03-20
2026-04-17
15.4%
Ordinary volume
2026-04-17
2026-05-15
0.2%
Ordinary volume
2026-05-15
2026-06-12
-7.0%
Ordinary volume
2026-06-19
2026-07-17
-0.6%
Ordinary volume
2026-07-17
2026-08-14
9.6%
Ordinary volume
2026-08-14
2026-09-11
-12.3%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-14
2021-08-13
21.8%
High volume
2022-02-04
2022-05-06
-3.0%
High volume
2022-08-12
2022-11-11
-24.5%
High volume
2023-03-24
2023-06-23
-7.4%
High volume
2023-09-01
2023-12-01
12.6%
High volume
2023-12-15
2024-03-15
-14.5%
High volume
2024-05-10
2024-08-09
-2.9%
High volume
2025-05-16
2025-08-15
-1.6%
High volume
2026-02-13
2026-05-15
3.8%
Ordinary volume
2021-04-23
2021-07-23
1.3%
Ordinary volume
2021-09-24
2021-12-24
-6.6%
Ordinary volume
2021-12-24
2022-03-25
-12.7%
Ordinary volume
2022-03-25
2022-06-24
-17.0%
Ordinary volume
2022-06-24
2022-09-23
-15.7%
Ordinary volume
2022-11-04
2023-02-03
41.4%
Ordinary volume
2023-02-03
2023-05-05
-30.8%
Ordinary volume
2023-05-19
2023-08-18
-16.6%
Ordinary volume
2023-11-03
2024-02-02
8.7%
Ordinary volume
2024-02-16
2024-05-17
23.4%
Ordinary volume
2024-06-14
2024-09-13
12.0%
Ordinary volume
2024-10-04
2025-01-03
-18.5%
Ordinary volume
2025-01-03
2025-04-04
-1.0%
Ordinary volume
2025-04-18
2025-07-18
11.9%
Ordinary volume
2025-07-25
2025-10-24
5.0%
Ordinary volume
2025-10-24
2026-01-23
18.9%
Ordinary volume
2026-02-06
2026-05-08
13.7%
Ordinary volume
2026-05-15
2026-08-14
3.4%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-17
2022-01-14
-10.5%
High volume
2022-01-14
2022-02-11
-13.7%
High volume
2022-03-11
2022-04-08
-8.6%
High volume
2022-04-08
2022-05-06
-8.0%
High volume
2022-05-13
2022-06-10
1.6%
High volume
2022-07-15
2022-08-12
41.1%
High volume
2022-09-30
2022-10-28
-7.7%
High volume
2023-03-17
2023-04-14
18.4%
High volume
2023-05-26
2023-06-23
3.2%
High volume
2023-08-11
2023-09-08
2.9%
High volume
2023-09-22
2023-10-20
-24.9%
High volume
2024-06-28
2024-07-26
12.3%
High volume
2024-11-08
2024-12-06
8.8%
High volume
2024-12-13
2025-01-10
-8.0%
High volume
2025-02-14
2025-03-14
3.8%
High volume
2025-04-11
2025-05-09
17.2%
High volume
2025-06-20
2025-07-18
5.8%
High volume
2026-06-12
2026-07-10
-0.1%
High volume
2026-09-04
2026-10-02
-4.3%
Ordinary volume
2021-04-30
2021-05-28
-6.1%
Ordinary volume
2021-07-16
2021-08-13
8.4%
Ordinary volume
2021-10-01
2021-10-29
10.1%
Ordinary volume
2021-11-19
2021-12-17
-17.2%
Ordinary volume
2022-01-07
2022-02-04
-16.6%
Ordinary volume
2022-05-06
2022-06-03
-2.0%
Ordinary volume
2022-06-10
2022-07-08
1.7%
Ordinary volume
2022-08-19
2022-09-16
-9.8%
Ordinary volume
2022-09-23
2022-10-21
-27.0%
Ordinary volume
2022-11-18
2022-12-16
-1.4%
Ordinary volume
2022-12-16
2023-01-13
15.0%
Ordinary volume
2023-02-17
2023-03-17
-30.2%
Ordinary volume
2023-04-28
2023-05-26
-19.0%
Ordinary volume
2023-07-28
2023-08-25
-21.9%
Ordinary volume
2023-10-27
2023-11-24
40.0%
Ordinary volume
2023-12-22
2024-01-19
-18.3%
Ordinary volume
2024-01-19
2024-02-16
16.9%
Ordinary volume
2024-04-19
2024-05-17
27.8%
Ordinary volume
2024-05-31
2024-06-28
-11.1%
Ordinary volume
2024-07-05
2024-08-02
7.3%
Ordinary volume
2024-08-02
2024-08-30
4.0%
Ordinary volume
2024-08-30
2024-09-27
6.2%
Ordinary volume
2024-09-27
2024-10-25
0.4%
Ordinary volume
2024-12-06
2025-01-03
-9.4%
Ordinary volume
2025-01-10
2025-02-07
4.6%
Ordinary volume
2025-04-04
2025-05-02
-5.4%
Ordinary volume
2025-05-30
2025-06-27
10.4%
Ordinary volume
2025-07-18
2025-08-15
3.6%
Ordinary volume
2025-10-10
2025-11-07
8.6%
Ordinary volume
2025-11-21
2025-12-19
0.3%
Ordinary volume
2025-12-19
2026-01-16
7.1%
Ordinary volume
2026-02-20
2026-03-20
-4.5%
Ordinary volume
2026-05-08
2026-06-05
-5.8%
Ordinary volume
2026-06-05
2026-07-03
0.0%
Ordinary volume
2026-07-03
2026-07-31
-1.0%
Ordinary volume
2026-07-31
2026-08-28
4.4%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-17
2022-03-18
-11.1%
High volume
2022-03-18
2022-06-17
-22.4%
High volume
2022-07-15
2022-10-14
-26.1%
High volume
2022-10-21
2023-01-20
46.6%
High volume
2023-03-17
2023-06-16
15.2%
High volume
2023-08-11
2023-11-10
-17.1%
High volume
2024-06-28
2024-09-27
17.9%
High volume
2024-11-08
2025-02-07
0.2%
High volume
2025-02-14
2025-05-16
3.4%
High volume
2025-06-20
2025-09-19
14.5%
High volume
2026-06-12
2026-09-11
-2.5%
Ordinary volume
2021-04-30
2021-07-30
9.1%
Ordinary volume
2021-10-01
2021-12-31
-2.5%
Ordinary volume
2022-01-07
2022-04-08
-12.0%
Ordinary volume
2022-05-06
2022-08-05
2.6%
Ordinary volume
2022-08-19
2022-11-18
-25.0%
Ordinary volume
2022-11-18
2023-02-17
11.1%
Ordinary volume
2023-02-17
2023-05-19
-24.1%
Ordinary volume
2023-07-28
2023-10-27
-34.0%
Ordinary volume
2023-10-27
2024-01-26
42.5%
Ordinary volume
2024-04-19
2024-07-19
29.1%
Ordinary volume
2024-08-02
2024-11-01
11.9%
Ordinary volume
2024-12-06
2025-03-07
-2.3%
Ordinary volume
2025-04-04
2025-07-04
2.3%
Ordinary volume
2025-07-18
2025-10-17
9.5%
Ordinary volume
2025-10-17
2026-01-16
21.2%
Ordinary volume
2026-02-20
2026-05-22
9.0%
Ordinary volume
2026-05-22
2026-08-21
-1.7%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 36.49
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 price38.68
Earlier activity area33.01 โ 42.23
Recent volume balance24.5%
Recent weekly volume1.17ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
28.13
6979501
2025-10-24
28.23
5536788
2025-10-31
27.05
4118653
2025-11-07
31.26
8830160
2025-11-14
32.84
8882230
2025-11-21
31.70
5611786
2025-11-28
33.54
4157846
2025-12-05
32.62
5181246
2025-12-12
32.11
5116959
2025-12-19
31.81
5752369
2025-12-26
32.10
3011268
2026-01-02
31.46
3097560
2026-01-09
33.08
6130970
2026-01-16
34.08
4075280
2026-01-23
33.57
3206622
2026-01-30
34.02
3924440
2026-02-06
35.72
5178712
2026-02-13
39.25
8413359
2026-02-20
36.86
4853126
2026-02-27
36.11
4743147
2026-03-06
35.45
3366759
2026-03-13
35.01
4521596
2026-03-20
35.22
6279564
2026-03-27
35.92
3912443
2026-04-03
37.11
4002354
2026-04-10
38.92
3323299
2026-04-17
40.64
3770188
2026-04-24
41.75
4829412
2026-05-01
42.06
5197302
2026-05-08
40.60
5557741
2026-05-15
40.74
5974751
2026-05-22
40.16
4952595
2026-05-29
40.55
3616560
2026-06-05
38.25
4776195
2026-06-12
37.87
7871497
2026-06-19
38.63
5032779
2026-06-26
39.15
5992329
2026-07-03
38.26
3708645
2026-07-10
37.82
3780484
2026-07-17
38.42
3612601
2026-07-24
38.37
4244401
2026-07-31
37.87
4448372
2026-08-07
40.68
5478170
2026-08-14
42.12
4517199
2026-08-21
39.48
4677367
2026-08-28
39.54
3779484
2026-09-04
37.90
8876406
2026-09-11
36.94
3429582
2026-09-18
36.30
5743653
2026-09-25
36.02
5909961
2026-10-02
36.27
5101362
2026-10-09
36.49
5435070
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Little changed
The recent centre moved +0.27% against the earlier part of this period.
Price and volume
Disagreement
Price changed -1.21% over four weeks. Volume balance is +24.5% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.17ร 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
20
-4.24
Available
13 weeks
11
-4.53
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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