The latest close is above the activity area established before the last four weeks. 2 of those four closes were above that area. Recent volume balance is mixed; the estimated activity centre is higher.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 2026-10-09
Mixed evidence
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move3.6%44.3% over thirteen weeks
Latest relative volume1.34ร1.31ร recent four-week median
Closing pressure0.2%Volume-weighted position within weekly ranges
Up-week volume share64.1%35.9% 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
-17.5%
-19.8%
0.96ร
2025-10-24
4.5%
-15.2%
1.46ร
2025-10-31
2.4%
-5.6%
0.95ร
2025-11-07
19.5%
39.7%
1.37ร
2025-11-14
28.7%
67.6%
0.86ร
2025-11-21
3.7%
31.7%
0.87ร
2025-11-28
2.7%
33.8%
0.48ร
2025-12-05
-10.9%
-18.1%
0.66ร
2025-12-12
-11.2%
-37.3%
0.71ร
2025-12-19
-9.1%
-21.7%
0.64ร
2025-12-26
-1.2%
-12.3%
0.52ร
2026-01-02
11.0%
33.5%
0.80ร
2026-01-09
9.7%
58.3%
1.06ร
2026-01-16
2.1%
17.6%
1.70ร
2026-01-23
16.4%
35.3%
1.67ร
2026-01-30
6.9%
8.4%
1.36ร
2026-02-06
7.1%
26.5%
2.40ร
2026-02-13
26.2%
60.9%
2.41ร
2026-02-20
17.0%
56.3%
1.99ร
2026-02-27
25.3%
74.5%
2.35ร
2026-03-06
21.7%
56.0%
2.60ร
2026-03-13
42.1%
61.8%
3.78ร
2026-03-20
40.2%
54.5%
3.07ร
2026-03-27
42.5%
50.7%
2.07ร
2026-04-03
38.7%
41.1%
2.19ร
2026-04-10
12.7%
16.7%
2.27ร
2026-04-17
-0.7%
-7.5%
1.75ร
2026-04-24
1.3%
-19.6%
0.84ร
2026-05-01
10.2%
-6.3%
0.91ร
2026-05-08
1.7%
-18.0%
1.06ร
2026-05-15
11.2%
23.8%
0.73ร
2026-05-22
3.8%
31.0%
0.79ร
2026-05-29
-9.7%
0.9%
0.65ร
2026-06-05
3.9%
23.6%
0.66ร
2026-06-12
-3.9%
-23.4%
1.08ร
2026-06-19
-19.4%
-48.8%
1.13ร
2026-06-26
-21.8%
-55.7%
1.04ร
2026-07-03
-28.1%
-58.0%
0.65ร
2026-07-10
-19.5%
-22.8%
0.68ร
2026-07-17
5.6%
15.1%
0.68ร
2026-07-24
22.3%
53.3%
0.60ร
2026-07-31
20.7%
68.5%
0.60ร
2026-08-07
5.7%
38.3%
0.60ร
2026-08-14
1.4%
25.5%
0.48ร
2026-08-21
5.6%
48.5%
0.74ร
2026-08-28
1.0%
24.4%
0.78ร
2026-09-04
10.8%
24.0%
1.41ร
2026-09-11
26.5%
38.9%
1.51ร
2026-09-18
9.9%
-4.4%
1.29ร
2026-09-25
18.7%
1.2%
1.41ร
2026-10-02
13.6%
3.9%
1.24ร
2026-10-09
3.6%
0.2%
1.34ร
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
21% 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: 85% of the way from the weekly low to high.
Volume-weighted return tilt
0.62 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
59.2 / 100
Price direction30.0 / 30
Closing pressure0.1 / 30
Up-week volume16.0 / 25
Volume confirmation13.1 / 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
20
-2.4%
35
-1.6%
-0.8 points
Advancing weeks
13 weeks
10
-5.4%
17
-8.1%
2.7 points
Declining weeks
4 weeks
17
-0.9%
41
-0.5%
-0.4 points
Declining weeks
13 weeks
10
-0.4%
16
-9.0%
8.6 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 ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-10-01
2021-10-29
-10.6%
High volume
2021-12-03
2021-12-31
-6.5%
High volume
2022-01-21
2022-02-18
7.6%
High volume
2023-03-03
2023-03-31
-7.9%
High volume
2023-07-07
2023-08-04
5.3%
High volume
2023-08-11
2023-09-08
-10.6%
High volume
2023-09-29
2023-10-27
-4.1%
High volume
2023-12-22
2024-01-19
-15.2%
High volume
2024-01-26
2024-02-23
-11.4%
High volume
2024-03-01
2024-03-29
1.5%
High volume
2024-04-12
2024-05-10
-15.2%
High volume
2024-11-08
2024-12-06
-13.3%
High volume
2025-01-10
2025-02-07
-17.2%
High volume
2025-04-11
2025-05-09
3.8%
High volume
2025-05-23
2025-06-20
14.7%
High volume
2025-08-15
2025-09-12
22.1%
High volume
2026-01-23
2026-02-20
17.0%
High volume
2026-02-20
2026-03-20
40.2%
High volume
2026-03-20
2026-04-17
-0.7%
High volume
2026-09-11
2026-10-09
3.6%
Ordinary volume
2021-04-23
2021-05-21
-7.9%
Ordinary volume
2021-06-25
2021-07-23
-8.2%
Ordinary volume
2021-07-23
2021-08-20
-12.2%
Ordinary volume
2021-08-27
2021-09-24
8.1%
Ordinary volume
2021-11-05
2021-12-03
1.3%
Ordinary volume
2021-12-10
2022-01-07
-5.6%
Ordinary volume
2022-01-14
2022-02-11
15.7%
Ordinary volume
2022-02-25
2022-03-25
12.8%
Ordinary volume
2022-05-13
2022-06-10
6.6%
Ordinary volume
2022-06-24
2022-07-22
-12.6%
Ordinary volume
2022-08-26
2022-09-23
-17.6%
Ordinary volume
2022-10-07
2022-11-04
-3.1%
Ordinary volume
2022-11-11
2022-12-09
-15.1%
Ordinary volume
2023-01-06
2023-02-03
9.5%
Ordinary volume
2023-03-24
2023-04-21
1.4%
Ordinary volume
2023-04-28
2023-05-26
-7.5%
Ordinary volume
2023-05-26
2023-06-23
3.5%
Ordinary volume
2023-07-14
2023-08-11
8.2%
Ordinary volume
2023-09-01
2023-09-29
8.7%
Ordinary volume
2023-10-13
2023-11-10
-13.1%
Ordinary volume
2023-11-17
2023-12-15
-24.6%
Ordinary volume
2024-03-22
2024-04-19
7.1%
Ordinary volume
2024-05-03
2024-05-31
-3.3%
Ordinary volume
2024-06-14
2024-07-12
16.0%
Ordinary volume
2024-08-16
2024-09-13
-9.2%
Ordinary volume
2024-11-22
2024-12-20
-15.3%
Ordinary volume
2025-01-03
2025-01-31
0.2%
Ordinary volume
2025-02-14
2025-03-14
-3.1%
Ordinary volume
2025-04-18
2025-05-16
7.5%
Ordinary volume
2025-05-16
2025-06-13
41.2%
Ordinary volume
2025-07-04
2025-08-01
-1.6%
Ordinary volume
2025-09-05
2025-10-03
-12.8%
Ordinary volume
2025-11-14
2025-12-12
-11.2%
Ordinary volume
2026-01-02
2026-01-30
6.9%
Ordinary volume
2026-04-24
2026-05-22
3.8%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-10-01
2021-12-31
-12.5%
High volume
2022-01-21
2022-04-22
20.0%
High volume
2023-03-03
2023-06-02
-16.1%
High volume
2023-07-07
2023-10-06
1.4%
High volume
2023-12-22
2024-03-22
-22.9%
High volume
2024-04-12
2024-07-12
-12.2%
High volume
2024-11-08
2025-02-07
-26.7%
High volume
2025-04-11
2025-07-11
50.3%
High volume
2025-08-15
2025-11-14
22.8%
High volume
2026-01-23
2026-04-24
72.3%
Ordinary volume
2021-04-23
2021-07-23
-13.6%
Ordinary volume
2021-07-23
2021-10-22
20.5%
Ordinary volume
2021-11-05
2022-02-04
31.0%
Ordinary volume
2022-02-25
2022-05-27
15.5%
Ordinary volume
2022-05-27
2022-08-26
-20.4%
Ordinary volume
2022-08-26
2022-11-25
-13.0%
Ordinary volume
2023-01-06
2023-04-07
-12.3%
Ordinary volume
2023-04-28
2023-07-28
7.4%
Ordinary volume
2023-09-01
2023-12-01
-10.9%
Ordinary volume
2024-03-22
2024-06-21
-0.3%
Ordinary volume
2024-08-16
2024-11-15
-31.1%
Ordinary volume
2024-11-22
2025-02-21
-15.8%
Ordinary volume
2025-02-21
2025-05-23
-1.7%
Ordinary volume
2025-06-06
2025-09-05
54.1%
Ordinary volume
2025-09-05
2025-12-05
-15.4%
Ordinary volume
2026-01-02
2026-04-03
86.6%
Ordinary volume
2026-04-24
2026-07-24
-8.1%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-09-30
2022-10-28
10.7%
High volume
2022-12-02
2022-12-30
-2.5%
High volume
2023-03-10
2023-04-07
-0.9%
High volume
2023-04-14
2023-05-12
-10.3%
High volume
2023-08-04
2023-09-01
-1.9%
High volume
2023-12-01
2023-12-29
-11.3%
High volume
2024-01-12
2024-02-09
-18.5%
High volume
2024-02-09
2024-03-08
2.0%
High volume
2024-04-26
2024-05-24
4.2%
High volume
2024-09-13
2024-10-11
0.0%
High volume
2024-10-25
2024-11-22
-7.1%
High volume
2024-12-06
2025-01-03
-5.6%
High volume
2025-01-31
2025-02-28
-7.0%
High volume
2025-04-04
2025-05-02
9.9%
High volume
2025-06-27
2025-07-25
15.8%
High volume
2026-01-16
2026-02-13
26.2%
High volume
2026-04-03
2026-05-01
10.2%
Ordinary volume
2021-06-18
2021-07-16
-2.6%
Ordinary volume
2021-07-16
2021-08-13
1.5%
Ordinary volume
2021-08-20
2021-09-17
19.7%
Ordinary volume
2021-10-15
2021-11-12
-10.1%
Ordinary volume
2021-11-12
2021-12-10
5.4%
Ordinary volume
2021-12-17
2022-01-14
20.1%
Ordinary volume
2022-02-11
2022-03-11
7.1%
Ordinary volume
2022-03-11
2022-04-08
8.7%
Ordinary volume
2022-04-29
2022-05-27
7.6%
Ordinary volume
2022-06-10
2022-07-08
-14.2%
Ordinary volume
2022-07-15
2022-08-12
13.3%
Ordinary volume
2022-08-19
2022-09-16
-5.1%
Ordinary volume
2022-09-16
2022-10-14
-5.7%
Ordinary volume
2022-10-14
2022-11-11
8.2%
Ordinary volume
2022-11-18
2022-12-16
-13.9%
Ordinary volume
2022-12-16
2023-01-13
17.2%
Ordinary volume
2023-02-10
2023-03-10
-16.1%
Ordinary volume
2023-04-07
2023-05-05
-6.8%
Ordinary volume
2023-05-05
2023-06-02
-1.6%
Ordinary volume
2023-06-23
2023-07-21
6.2%
Ordinary volume
2023-08-25
2023-09-22
6.0%
Ordinary volume
2023-10-20
2023-11-17
-6.7%
Ordinary volume
2024-01-05
2024-02-02
-15.2%
Ordinary volume
2024-04-19
2024-05-17
-8.4%
Ordinary volume
2024-05-24
2024-06-21
5.8%
Ordinary volume
2024-06-28
2024-07-26
2.2%
Ordinary volume
2024-08-02
2024-08-30
5.7%
Ordinary volume
2024-08-30
2024-09-27
-11.0%
Ordinary volume
2024-10-11
2024-11-08
-17.1%
Ordinary volume
2024-11-29
2024-12-27
-10.2%
Ordinary volume
2024-12-27
2025-01-24
6.0%
Ordinary volume
2025-01-24
2025-02-21
-2.7%
Ordinary volume
2025-03-07
2025-04-04
-25.9%
Ordinary volume
2025-05-30
2025-06-27
-0.5%
Ordinary volume
2025-07-18
2025-08-15
15.0%
Ordinary volume
2025-09-12
2025-10-10
-19.7%
Ordinary volume
2025-10-10
2025-11-07
19.5%
Ordinary volume
2025-11-21
2025-12-19
-9.1%
Ordinary volume
2026-05-08
2026-06-05
3.9%
Ordinary volume
2026-06-12
2026-07-10
-19.5%
Ordinary volume
2026-08-28
2026-09-25
18.7%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-09-30
2022-12-30
-0.3%
High volume
2023-03-10
2023-06-09
0.2%
High volume
2023-08-04
2023-11-03
-0.5%
High volume
2023-12-01
2024-03-01
-30.4%
High volume
2024-04-26
2024-07-26
12.3%
High volume
2024-09-13
2024-12-13
-27.1%
High volume
2025-01-31
2025-05-02
-24.5%
High volume
2025-06-27
2025-09-26
42.1%
High volume
2026-01-16
2026-04-17
92.7%
High volume
2026-04-17
2026-07-17
-6.5%
Ordinary volume
2021-06-18
2021-09-17
4.7%
Ordinary volume
2021-10-15
2022-01-14
0.4%
Ordinary volume
2022-02-11
2022-05-13
11.3%
Ordinary volume
2022-06-10
2022-09-09
-24.2%
Ordinary volume
2022-09-16
2022-12-16
-16.0%
Ordinary volume
2022-12-16
2023-03-17
-12.5%
Ordinary volume
2023-04-07
2023-07-07
-6.4%
Ordinary volume
2023-08-25
2023-11-24
-8.2%
Ordinary volume
2024-01-05
2024-04-05
-16.1%
Ordinary volume
2024-04-19
2024-07-19
-10.9%
Ordinary volume
2024-07-19
2024-10-18
-9.9%
Ordinary volume
2024-11-29
2025-02-28
-12.8%
Ordinary volume
2025-03-07
2025-06-06
5.5%
Ordinary volume
2025-06-20
2025-09-19
27.0%
Ordinary volume
2025-09-19
2025-12-19
-6.9%
Ordinary volume
2026-05-08
2026-08-07
-14.6%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 15.11
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 price13.24
Earlier activity area7.63 โ 14.01
Recent volume balance0.2%
Recent weekly volume1.31ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
5.48
5234782
2025-10-24
6.56
7955795
2025-10-31
6.33
5423161
2025-11-07
6.73
7796533
2025-11-14
7.05
5034220
2025-11-21
6.80
5115561
2025-11-28
6.50
2744307
2025-12-05
6.00
3772851
2025-12-12
6.26
4020406
2025-12-19
6.18
3514522
2025-12-26
6.42
2763614
2026-01-02
6.66
4202859
2026-01-09
6.87
5471255
2026-01-16
6.31
8812868
2026-01-23
7.47
8810750
2026-01-30
7.12
7172746
2026-02-06
7.36
12876792
2026-02-13
7.96
13107335
2026-02-20
8.74
10841397
2026-02-27
8.92
12798454
2026-03-06
8.96
14175581
2026-03-13
11.31
20612091
2026-03-20
12.25
17525001
2026-03-27
12.71
13066393
2026-04-03
12.43
13872841
2026-04-10
12.75
16993269
2026-04-17
12.16
13796341
2026-04-24
12.87
7083473
2026-05-01
13.70
7583111
2026-05-08
12.96
8806573
2026-05-15
13.52
6461048
2026-05-22
13.36
6936432
2026-05-29
12.37
5746339
2026-06-05
13.47
5848317
2026-06-12
13.00
9505684
2026-06-19
10.77
9934019
2026-06-26
9.67
9504182
2026-07-03
9.69
6187131
2026-07-10
10.47
6465648
2026-07-17
11.37
6479071
2026-07-24
11.83
5738210
2026-07-31
11.70
5737860
2026-08-07
11.07
5713887
2026-08-14
11.53
4352285
2026-08-21
12.49
6039315
2026-08-28
11.82
5728171
2026-09-04
12.27
9856853
2026-09-11
14.59
10618921
2026-09-18
13.72
9014652
2026-09-25
14.03
9854402
2026-10-02
13.94
8707503
2026-10-09
15.11
9369459
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +39.09% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +3.56% over four weeks. Volume balance is +0.2% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 1.31ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
2 of 4 closes above
Price was above 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 above 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
6
2.56
Available
13 weeks
3
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.
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