CPHEquity ยท Volume & Price

NORTHM

North Media A/S

DK Communication Services Publishing

52-week price+2.9%
Latest week
2 Oct 2026
Weekly close
50.00 DKK
Fair value
49.74 DKK
Next-week expectancy
Undecided 53.49%

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†’

The latest available week is 2026-10-02. The expected completed week is 2026-10-09. This report will refresh when newer data is available.

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 positive; the estimated activity centre is higher.

52 weeks2025-10-10 to 2026-10-02Weekly volume estimate

The relationship beneath price ยท 2026-10-02

Heavy volume, limited progress

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

Four-week price move4.2%10.6% over thirteen weeks
Latest relative volume3.02ร—1.53ร— recent four-week median
Closing pressure14.8%Volume-weighted position within weekly ranges
Up-week volume share84.5%15.5% 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
2025-10-10-0.4%11.0%1.05ร—
2025-10-17-6.3%-2.6%0.37ร—
2025-10-24-3.0%-26.7%1.09ร—
2025-10-312.6%-0.7%1.56ร—
2025-11-07-8.2%-40.9%1.80ร—
2025-11-14-6.7%-46.1%0.55ร—
2025-11-21-9.0%-38.1%0.39ร—
2025-11-28-12.9%-79.2%0.41ร—
2025-12-05-3.1%-62.1%0.58ร—
2025-12-12-2.7%-64.2%0.67ร—
2025-12-19-0.5%-50.0%0.53ร—
2025-12-260.9%-39.7%0.36ร—
2026-01-027.2%-11.6%0.75ร—
2026-01-096.9%-3.5%1.00ร—
2026-01-169.7%18.2%0.53ร—
2026-01-238.1%12.3%1.13ร—
2026-01-30-3.0%1.4%0.24ร—
2026-02-060.2%14.5%1.40ร—
2026-02-13-6.3%-11.7%0.80ร—
2026-02-20-4.4%-16.6%0.51ร—
2026-02-2714.1%50.1%3.88ร—
2026-03-069.2%50.5%1.71ร—
2026-03-1311.5%49.2%1.79ร—
2026-03-206.3%45.6%2.03ร—
2026-03-27-7.0%3.1%0.66ร—
2026-04-03-3.9%9.4%0.48ร—
2026-04-102.8%19.5%3.02ร—
2026-04-174.8%18.6%1.19ร—
2026-04-245.2%27.9%1.60ร—
2026-05-011.5%16.2%1.01ร—
2026-05-08-0.5%-2.2%1.93ร—
2026-05-153.2%5.2%1.45ร—
2026-05-22-8.4%-31.0%2.15ร—
2026-05-29-3.3%-9.8%0.96ร—
2026-06-05-5.1%11.9%0.64ร—
2026-06-12-11.8%-6.6%0.08ร—
2026-06-19-0.4%86.1%0.07ร—
2026-06-26-6.2%63.9%0.04ร—
2026-07-03-3.8%-19.4%0.19ร—
2026-07-10-1.1%-10.7%0.09ร—
2026-07-170.2%-19.1%0.05ร—
2026-07-243.4%-15.2%0.02ร—
2026-07-312.0%-2.8%0.41ร—
2026-08-072.9%-26.2%0.04ร—
2026-08-146.8%-30.5%0.04ร—
2026-08-214.0%5.6%0.55ร—
2026-08-282.8%54.2%0.16ร—
2026-09-043.7%29.0%2.77ร—
2026-09-11-1.8%29.5%0.64ร—
2026-09-180.6%15.1%0.99ร—
2026-09-254.4%19.6%2.97ร—
2026-10-024.2%14.8%3.02ร—

Does support survive a longer view?

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

4 weeks87%up-week volume4.2%price return14.8%pressure
13 weeks85%up-week volume10.6%price return17.4%pressure
26 weeks79%up-week volume4.6%price return9.0%pressure
52 weeks60%up-week volume4.0%price return2.1%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

67% 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: 52% of the way from the weekly low to high.

Volume-weighted return tilt

0.43 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

70.6 / 100

Price direction30.0 / 30
Closing pressure4.4 / 30
Up-week volume21.1 / 25
Volume confirmation15.0 / 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 weeks21-2.3%310.0%-2.3 points
Advancing weeks13 weeks10-7.0%16-0.7%-6.4 points
Declining weeks4 weeks21-1.4%29-1.8%0.4 points
Declining weeks13 weeks12-4.3%16-5.0%0.7 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 groupObservationOutcome dateReturn
High volume2021-08-132021-09-10-0.8%
High volume2023-01-132023-02-10-2.1%
High volume2023-02-172023-03-17-8.8%
High volume2023-07-212023-08-18-1.4%
High volume2023-08-182023-09-15-6.7%
High volume2023-10-202023-11-17-2.3%
High volume2023-11-172023-12-15-0.2%
High volume2023-12-222024-01-198.6%
High volume2024-01-192024-02-168.4%
High volume2024-02-232024-03-22-17.8%
High volume2024-04-122024-05-10-2.9%
High volume2025-01-102025-02-07-3.9%
High volume2025-04-112025-05-099.0%
High volume2025-05-302025-06-27-2.7%
High volume2025-07-042025-08-0114.0%
High volume2025-08-152025-09-12-2.7%
High volume2025-10-312025-11-28-12.9%
High volume2026-02-272026-03-27-7.0%
High volume2026-04-102026-05-08-0.5%
High volume2026-05-082026-06-05-5.1%
High volume2026-09-042026-10-024.2%
Ordinary volume2021-04-162021-05-14-0.4%
Ordinary volume2021-06-182021-07-164.9%
Ordinary volume2021-08-062021-09-037.7%
Ordinary volume2021-09-102021-10-08-9.8%
Ordinary volume2021-10-292021-11-26-8.4%
Ordinary volume2022-01-142022-02-11-10.6%
Ordinary volume2022-03-112022-04-084.7%
Ordinary volume2022-06-032022-07-01-8.3%
Ordinary volume2022-07-082022-08-0511.1%
Ordinary volume2022-08-052022-09-02-8.9%
Ordinary volume2022-09-302022-10-28-7.5%
Ordinary volume2022-11-112022-12-09-10.4%
Ordinary volume2022-12-302023-01-2714.7%
Ordinary volume2023-02-032023-03-03-14.8%
Ordinary volume2023-03-102023-04-078.3%
Ordinary volume2023-05-052023-06-020.2%
Ordinary volume2023-06-092023-07-07-5.0%
Ordinary volume2023-11-102023-12-086.2%
Ordinary volume2024-04-262024-05-24-7.3%
Ordinary volume2024-09-272024-10-250.0%
Ordinary volume2024-12-272025-01-246.9%
Ordinary volume2025-04-182025-05-169.1%
Ordinary volume2025-05-162025-06-138.9%
Ordinary volume2025-06-132025-07-114.3%
Ordinary volume2025-07-112025-08-0811.0%
Ordinary volume2025-08-082025-09-051.0%
Ordinary volume2025-09-122025-10-10-0.4%
Ordinary volume2025-10-102025-11-07-8.2%
Ordinary volume2026-01-232026-02-20-4.4%
Ordinary volume2026-04-172026-05-153.2%
Ordinary volume2026-05-292026-06-26-6.2%

Advancing weeks ยท 13 weeks

Volume groupObservationOutcome dateReturn
High volume2021-08-132021-11-12-8.9%
High volume2023-01-132023-04-144.8%
High volume2023-07-212023-10-20-5.5%
High volume2023-10-202024-01-1916.5%
High volume2024-01-192024-04-19-11.3%
High volume2025-01-102025-04-11-32.2%
High volume2025-04-112025-07-1126.0%
High volume2025-07-182025-10-175.3%
High volume2025-10-312026-01-30-8.9%
High volume2026-02-272026-05-29-8.6%
Ordinary volume2021-04-162021-07-160.2%
Ordinary volume2021-08-062021-11-050.2%
Ordinary volume2021-11-122022-02-11-21.3%
Ordinary volume2022-03-112022-06-10-13.3%
Ordinary volume2022-07-082022-10-07-1.0%
Ordinary volume2022-10-072023-01-06-16.5%
Ordinary volume2023-01-062023-04-077.3%
Ordinary volume2023-05-052023-08-04-0.3%
Ordinary volume2023-11-102024-02-0936.0%
Ordinary volume2024-04-262024-07-26-4.3%
Ordinary volume2024-09-272024-12-27-14.2%
Ordinary volume2024-12-272025-03-28-24.3%
Ordinary volume2025-04-182025-07-1829.6%
Ordinary volume2025-08-082025-11-07-5.6%
Ordinary volume2026-01-232026-04-247.0%
Ordinary volume2026-05-292026-08-281.1%

Declining weeks ยท 4 weeks

Volume groupObservationOutcome dateReturn
High volume2021-08-202021-09-170.5%
High volume2021-11-052021-12-03-12.2%
High volume2021-12-032021-12-317.4%
High volume2022-12-092023-01-060.9%
High volume2023-01-272023-02-24-10.6%
High volume2023-04-212023-05-190.8%
High volume2023-08-252023-09-22-7.5%
High volume2023-12-152024-01-1211.4%
High volume2024-02-092024-03-08-9.7%
High volume2024-03-222024-04-19-4.0%
High volume2024-04-192024-05-17-1.4%
High volume2024-05-172024-06-14-1.4%
High volume2024-11-082024-12-06-5.5%
High volume2024-12-132025-01-106.3%
High volume2025-02-282025-03-28-24.3%
High volume2025-03-282025-04-25-5.5%
High volume2025-05-232025-06-204.7%
High volume2025-08-012025-08-294.9%
High volume2025-11-072025-12-05-3.1%
High volume2026-03-062026-04-03-3.9%
High volume2026-05-222026-06-19-0.4%
Ordinary volume2021-05-072021-06-04-2.5%
Ordinary volume2021-06-112021-07-091.5%
Ordinary volume2021-09-172021-10-15-2.6%
Ordinary volume2021-11-262021-12-24-7.0%
Ordinary volume2022-01-072022-02-04-2.3%
Ordinary volume2022-02-182022-03-18-1.1%
Ordinary volume2022-04-082022-05-06-13.9%
Ordinary volume2022-05-272022-06-24-5.0%
Ordinary volume2022-06-242022-07-2210.8%
Ordinary volume2022-09-022022-09-30-6.6%
Ordinary volume2022-10-282022-11-251.8%
Ordinary volume2022-12-022022-12-30-8.8%
Ordinary volume2023-02-242023-03-240.0%
Ordinary volume2023-05-122023-06-098.1%
Ordinary volume2023-06-162023-07-14-4.7%
Ordinary volume2023-09-012023-09-29-5.8%
Ordinary volume2023-10-272023-11-241.1%
Ordinary volume2024-03-292024-04-26-0.6%
Ordinary volume2024-08-092024-09-061.1%
Ordinary volume2024-10-042024-11-01-1.8%
Ordinary volume2024-11-152024-12-13-6.3%
Ordinary volume2025-01-172025-02-14-3.2%
Ordinary volume2025-04-252025-05-2312.3%
Ordinary volume2025-06-202025-07-1813.7%
Ordinary volume2025-08-292025-09-26-0.6%
Ordinary volume2025-10-242025-11-21-9.0%
Ordinary volume2026-01-092026-02-060.2%
Ordinary volume2026-02-132026-03-1311.5%
Ordinary volume2026-05-012026-05-29-3.3%

Declining weeks ยท 13 weeks

Volume groupObservationOutcome dateReturn
High volume2021-08-202021-11-19-5.9%
High volume2021-12-032022-03-04-18.4%
High volume2022-12-092023-03-100.0%
High volume2023-04-212023-07-216.3%
High volume2023-08-252023-11-24-7.8%
High volume2023-12-152024-03-1514.4%
High volume2024-03-222024-06-21-3.1%
High volume2024-11-082025-02-07-6.5%
High volume2025-02-282025-05-30-15.1%
High volume2025-08-012025-10-317.0%
High volume2025-11-072026-02-062.2%
High volume2026-03-062026-06-05-5.5%
Ordinary volume2021-05-072021-08-06-3.1%
Ordinary volume2021-09-172021-12-17-18.3%
Ordinary volume2022-01-072022-04-08-11.8%
Ordinary volume2022-04-082022-07-08-14.6%
Ordinary volume2022-09-022022-12-02-12.3%
Ordinary volume2022-12-022023-03-03-8.6%
Ordinary volume2023-03-032023-06-0217.5%
Ordinary volume2023-06-162023-09-15-8.1%
Ordinary volume2023-10-272024-01-2630.9%
Ordinary volume2024-03-292024-06-28-4.5%
Ordinary volume2024-08-092024-11-08-4.4%
Ordinary volume2024-11-152025-02-14-5.1%
Ordinary volume2025-04-252025-07-2543.4%
Ordinary volume2025-08-292025-11-28-11.1%
Ordinary volume2026-01-092026-04-109.4%
Ordinary volume2026-05-012026-07-31-5.0%

Price, activity and volume balance

Where volume is concentrated

2026-10-02Close 50.00
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 price48.54
Earlier activity area45.17 โ€“ 50.44
Recent volume balance14.8%
Recent weekly volume1.02ร—
View chart values
Completed weekly observations
Week endingCloseVolume
2025-10-1048.5890742
2025-10-1746.8231883
2025-10-2446.6394298
2025-10-3149.36139504
2025-11-0744.58161109
2025-11-1443.7051245
2025-11-2142.4336432
2025-11-2843.0236745
2025-12-0543.2150281
2025-12-1242.5357663
2025-12-1942.2445925
2025-12-2643.4131048
2026-01-0246.3464889
2026-01-0945.4686721
2026-01-1646.3446408
2026-01-2346.9297270
2026-01-3044.9720748
2026-02-0645.56105183
2026-02-1343.4160859
2026-02-2044.8732114
2026-02-2751.31229804
2026-03-0649.75101111
2026-03-1348.38106249
2026-03-2047.70120169
2026-03-2747.7038996
2026-04-0347.8028715
2026-04-1049.75178781
2026-04-1750.0070556
2026-04-2450.20100743
2026-05-0148.5063594
2026-05-0849.50119936
2026-05-1551.6089970
2026-05-2246.00137865
2026-05-2946.9064938
2026-06-0547.0043365
2026-06-1245.505253
2026-06-1945.804828
2026-06-2644.002657
2026-07-0345.2012698
2026-07-1045.006185
2026-07-1745.902960
2026-07-2445.501571
2026-07-3146.1025355
2026-08-0746.302754
2026-08-1449.001896
2026-08-2147.3022599
2026-08-2847.406510
2026-09-0448.0093838
2026-09-1148.1021645
2026-09-1847.6026630
2026-09-2549.5077144
2026-10-0250.0078383

Earlier and recent activity

What has changed?

The recent comparison uses the last four completed weeks.

Activity centre

Higher

The recent centre moved +3.59% against the earlier part of this period.

Price and volume

No clear disagreement

Price changed +4.17% over four weeks. Volume balance is +14.8% on a scale from โˆ’100% to +100%.

Volume and price movement

Recent volume is close to its earlier norm

Recent median weekly volume is 1.02ร— 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

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 weeks25-3.37Available
13 weeks13-8.2Available

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.

NORTHM ยท Volume & Price

Evidence context