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-46.9%-77.7% over thirteen weeks
Latest relative volume0.30ร0.26ร recent four-week median
Closing pressure-58.8%Volume-weighted position within weekly ranges
Up-week volume share19.3%80.7% 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
3.0%
-10.2%
2.79ร
2025-10-24
6.8%
-24.7%
2.61ร
2025-10-31
-11.7%
-36.9%
1.67ร
2025-11-07
-22.8%
-38.7%
3.12ร
2025-11-14
-32.4%
-24.1%
2.15ร
2025-11-21
-29.9%
-9.0%
2.42ร
2025-11-28
-25.2%
-4.4%
0.91ร
2025-12-05
-21.8%
8.2%
4.81ร
2025-12-12
-1.7%
4.4%
1.84ร
2025-12-19
0.9%
14.9%
1.34ร
2025-12-26
0.9%
15.6%
0.57ร
2026-01-02
-7.2%
0.5%
1.41ร
2026-01-09
-17.3%
-13.0%
1.95ร
2026-01-16
-19.2%
-33.2%
2.06ร
2026-01-23
-9.2%
-19.5%
1.29ร
2026-01-30
-29.9%
-41.6%
2.04ร
2026-02-06
-42.8%
-40.0%
2.51ร
2026-02-13
-40.8%
-45.0%
1.86ร
2026-02-20
-46.7%
-51.5%
1.00ร
2026-02-27
-24.6%
-44.4%
1.14ร
2026-03-06
-3.6%
-42.7%
0.78ร
2026-03-13
6.8%
-15.3%
0.70ร
2026-03-20
53.0%
26.0%
4.35ร
2026-03-27
111.2%
57.1%
4.56ร
2026-04-03
81.2%
49.1%
1.81ร
2026-04-10
39.5%
40.4%
2.72ร
2026-04-17
-16.2%
13.2%
2.57ร
2026-04-24
-46.5%
-31.8%
0.96ร
2026-05-01
-36.5%
-28.9%
0.68ร
2026-05-08
-20.4%
-43.7%
0.79ร
2026-05-15
-11.8%
-25.1%
1.51ร
2026-05-22
-13.4%
-13.0%
0.90ร
2026-05-29
31.0%
12.1%
2.50ร
2026-06-05
34.2%
21.6%
1.22ร
2026-06-12
47.2%
41.6%
4.42ร
2026-06-19
119.7%
63.1%
42.01ร
2026-06-26
67.1%
36.4%
15.13ร
2026-07-03
80.0%
31.7%
4.51ร
2026-07-10
47.1%
26.2%
1.95ร
2026-07-17
-1.7%
-43.2%
2.18ร
2026-07-24
-35.8%
-47.3%
1.87ร
2026-07-31
-64.6%
-69.1%
1.82ร
2026-08-07
-56.2%
-56.6%
0.59ร
2026-08-14
-40.9%
-33.6%
0.89ร
2026-08-21
-19.9%
-35.6%
0.84ร
2026-08-28
17.9%
-20.9%
0.46ร
2026-09-04
17.6%
-10.4%
0.36ร
2026-09-11
-21.2%
-44.2%
0.26ร
2026-09-18
-44.9%
-28.6%
0.75ร
2026-09-25
-46.1%
-29.3%
0.33ร
2026-10-02
-54.1%
-60.6%
0.30ร
2026-10-09
-46.9%
-58.8%
0.30ร
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
100% 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: 16% of the way from the weekly low to high.
Volume-weighted return tilt
-3.61 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
4.8 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume4.8 / 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
-8.9%
18
-12.2%
3.3 points
Advancing weeks
13 weeks
16
-32.0%
11
-24.9%
-7.1 points
Declining weeks
4 weeks
35
-7.7%
25
4.0%
-11.7 points
Declining weeks
13 weeks
16
-26.7%
14
-8.2%
-18.5 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
2021-04-30
2021-05-28
40.0%
High volume
2021-07-09
2021-08-06
-14.7%
High volume
2021-09-03
2021-10-01
-22.8%
High volume
2021-10-29
2021-11-26
7.9%
High volume
2021-12-10
2022-01-07
-38.1%
High volume
2022-02-18
2022-03-18
22.9%
High volume
2022-07-08
2022-08-05
33.7%
High volume
2023-02-03
2023-03-03
-47.5%
High volume
2023-04-21
2023-05-19
-23.1%
High volume
2023-05-26
2023-06-23
19.9%
High volume
2023-06-23
2023-07-21
-22.0%
High volume
2024-02-16
2024-03-15
-29.4%
High volume
2024-05-17
2024-06-14
16.9%
High volume
2024-06-14
2024-07-12
-6.8%
High volume
2024-08-02
2024-08-30
0.0%
High volume
2024-09-06
2024-10-04
9.6%
High volume
2024-10-11
2024-11-08
13.6%
High volume
2024-11-22
2024-12-20
72.2%
High volume
2025-01-03
2025-01-31
-58.6%
High volume
2025-03-07
2025-04-04
-10.5%
High volume
2025-07-04
2025-08-01
-31.8%
High volume
2025-10-10
2025-11-07
-22.8%
High volume
2025-12-05
2026-01-02
-7.2%
High volume
2026-03-20
2026-04-17
-16.2%
High volume
2026-05-29
2026-06-26
67.1%
High volume
2026-06-26
2026-07-24
-35.8%
Ordinary volume
2021-05-28
2021-06-25
-28.6%
Ordinary volume
2021-08-13
2021-09-10
-9.4%
Ordinary volume
2022-01-14
2022-02-11
-12.9%
Ordinary volume
2022-02-11
2022-03-11
24.8%
Ordinary volume
2022-03-11
2022-04-08
-33.1%
Ordinary volume
2022-04-29
2022-05-27
-25.0%
Ordinary volume
2022-09-30
2022-10-28
-44.9%
Ordinary volume
2022-12-30
2023-01-27
16.9%
Ordinary volume
2023-03-31
2023-04-28
-12.6%
Ordinary volume
2024-01-12
2024-02-09
-11.5%
Ordinary volume
2024-03-29
2024-04-26
-14.6%
Ordinary volume
2024-06-28
2024-07-26
-2.4%
Ordinary volume
2025-08-29
2025-09-26
-13.5%
Ordinary volume
2025-10-03
2025-10-31
-11.7%
Ordinary volume
2026-02-27
2026-03-27
111.2%
Ordinary volume
2026-05-08
2026-06-05
34.2%
Ordinary volume
2026-06-05
2026-07-03
80.0%
Ordinary volume
2026-08-14
2026-09-11
-21.2%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-30
2021-07-30
-41.2%
High volume
2021-07-30
2021-10-29
-34.0%
High volume
2021-10-29
2022-01-28
-32.7%
High volume
2022-02-18
2022-05-20
-52.9%
High volume
2022-07-08
2022-10-07
-12.9%
High volume
2023-02-03
2023-05-05
-64.3%
High volume
2023-05-26
2023-08-25
-43.2%
High volume
2024-02-16
2024-05-17
-13.3%
High volume
2024-05-17
2024-08-16
2.1%
High volume
2024-08-23
2024-11-22
27.4%
High volume
2024-11-22
2025-02-21
-27.4%
High volume
2025-03-07
2025-06-06
21.6%
High volume
2025-07-04
2025-10-03
-31.4%
High volume
2025-10-10
2026-01-09
-48.3%
High volume
2026-03-20
2026-06-19
46.3%
High volume
2026-06-19
2026-09-18
-68.1%
Ordinary volume
2021-05-28
2021-08-27
-61.7%
Ordinary volume
2022-01-14
2022-04-15
-31.1%
Ordinary volume
2022-04-29
2022-07-29
-11.9%
Ordinary volume
2022-09-30
2022-12-30
-65.7%
Ordinary volume
2022-12-30
2023-03-31
-36.1%
Ordinary volume
2023-03-31
2023-06-30
-9.0%
Ordinary volume
2024-01-12
2024-04-12
-24.9%
Ordinary volume
2024-06-28
2024-09-27
20.8%
Ordinary volume
2025-08-29
2025-11-28
-37.1%
Ordinary volume
2026-02-27
2026-05-29
45.1%
Ordinary volume
2026-06-05
2026-09-04
-21.9%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-23
2021-05-21
34.3%
High volume
2021-05-21
2021-06-18
11.1%
High volume
2021-07-02
2021-07-30
-10.4%
High volume
2021-08-20
2021-09-17
-10.0%
High volume
2021-09-17
2021-10-15
-13.3%
High volume
2021-10-15
2021-11-12
-13.3%
High volume
2021-11-12
2021-12-10
46.4%
High volume
2021-12-17
2022-01-14
-7.7%
High volume
2022-01-21
2022-02-18
8.6%
High volume
2022-04-08
2022-05-06
-24.5%
High volume
2022-05-20
2022-06-17
-11.5%
High volume
2022-09-16
2022-10-14
-45.5%
High volume
2022-11-11
2022-12-09
-37.1%
High volume
2022-12-09
2023-01-06
15.4%
High volume
2023-02-10
2023-03-10
-44.1%
High volume
2023-03-10
2023-04-07
4.2%
High volume
2023-04-28
2023-05-26
-7.8%
High volume
2023-06-02
2023-06-30
31.6%
High volume
2023-06-30
2023-07-28
-13.8%
High volume
2023-08-25
2023-09-22
-29.4%
High volume
2024-02-23
2024-03-22
12.7%
High volume
2024-05-24
2024-06-21
-2.7%
High volume
2024-10-04
2024-11-01
20.8%
High volume
2024-11-08
2024-12-06
54.7%
High volume
2024-12-20
2025-01-17
-4.5%
High volume
2025-01-24
2025-02-21
-38.8%
High volume
2025-02-28
2025-03-28
13.0%
High volume
2025-03-28
2025-04-25
-7.1%
High volume
2025-10-17
2025-11-14
-32.4%
High volume
2025-11-14
2025-12-12
-1.7%
High volume
2026-01-09
2026-02-06
-42.8%
High volume
2026-02-06
2026-03-06
-3.6%
High volume
2026-04-03
2026-05-01
-36.5%
High volume
2026-05-15
2026-06-12
47.2%
High volume
2026-07-10
2026-08-07
-56.2%
Ordinary volume
2021-08-06
2021-09-03
2.8%
Ordinary volume
2021-12-03
2021-12-31
-8.4%
Ordinary volume
2022-01-28
2022-02-25
31.1%
Ordinary volume
2022-05-13
2022-06-10
-19.0%
Ordinary volume
2022-06-10
2022-07-08
10.4%
Ordinary volume
2022-10-14
2022-11-11
-15.8%
Ordinary volume
2022-12-16
2023-01-13
16.8%
Ordinary volume
2023-01-13
2023-02-10
1.4%
Ordinary volume
2023-08-04
2023-09-01
-38.5%
Ordinary volume
2023-09-01
2023-09-29
-30.9%
Ordinary volume
2024-02-02
2024-03-01
83.1%
Ordinary volume
2024-04-19
2024-05-17
34.5%
Ordinary volume
2024-05-31
2024-06-28
19.1%
Ordinary volume
2024-08-16
2024-09-13
14.8%
Ordinary volume
2025-01-17
2025-02-14
-38.1%
Ordinary volume
2025-02-21
2025-03-21
15.8%
Ordinary volume
2025-04-11
2025-05-09
34.4%
Ordinary volume
2025-05-23
2025-06-20
4.0%
Ordinary volume
2025-08-01
2025-08-29
5.6%
Ordinary volume
2025-09-19
2025-10-17
3.0%
Ordinary volume
2025-11-28
2025-12-26
0.9%
Ordinary volume
2026-02-20
2026-03-20
53.0%
Ordinary volume
2026-04-24
2026-05-22
-13.4%
Ordinary volume
2026-05-22
2026-06-19
119.7%
Ordinary volume
2026-08-21
2026-09-18
-44.9%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-23
2021-07-23
-36.3%
High volume
2021-07-23
2021-10-22
-35.4%
High volume
2021-10-22
2022-01-21
-19.9%
High volume
2022-01-21
2022-04-22
-28.1%
High volume
2022-05-20
2022-08-19
20.1%
High volume
2022-09-16
2022-12-16
-72.1%
High volume
2023-02-10
2023-05-12
-57.4%
High volume
2023-05-12
2023-08-11
-3.2%
High volume
2023-08-25
2023-11-24
-33.0%
High volume
2024-02-23
2024-05-24
30.3%
High volume
2024-05-24
2024-08-23
14.6%
High volume
2024-10-04
2025-01-03
152.3%
High volume
2025-01-10
2025-04-11
-71.0%
High volume
2025-10-17
2026-01-16
-48.2%
High volume
2026-01-16
2026-04-17
-25.3%
High volume
2026-04-17
2026-07-17
71.6%
Ordinary volume
2021-08-06
2021-11-05
-32.2%
Ordinary volume
2021-12-03
2022-03-04
-5.6%
Ordinary volume
2022-05-13
2022-08-12
11.9%
Ordinary volume
2022-10-14
2023-01-13
-40.2%
Ordinary volume
2023-01-13
2023-04-14
-43.4%
Ordinary volume
2023-08-04
2023-11-03
-52.9%
Ordinary volume
2024-02-02
2024-05-03
32.2%
Ordinary volume
2024-05-31
2024-08-30
18.0%
Ordinary volume
2024-08-30
2024-11-29
21.0%
Ordinary volume
2025-01-17
2025-04-18
-67.6%
Ordinary volume
2025-05-23
2025-08-22
-10.8%
Ordinary volume
2025-09-19
2025-12-19
-33.9%
Ordinary volume
2026-02-20
2026-05-22
1.8%
Ordinary volume
2026-05-22
2026-08-21
27.5%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 0.285
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 price0.8164
Earlier activity area0.5362 โ 1.22
Recent volume balance-58.8%
Recent weekly volume0.47ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
1.73
2628398
2025-10-24
1.57
2652558
2025-10-31
1.43
1823715
2025-11-07
1.42
3544913
2025-11-14
1.17
2446607
2025-11-21
1.10
2854972
2025-11-28
1.07
1133266
2025-12-05
1.11
6014799
2025-12-12
1.15
2297232
2025-12-19
1.11
1735712
2025-12-26
1.08
741070
2026-01-02
1.03
1830363
2026-01-09
0.951
2525080
2026-01-16
0.8965
2664477
2026-01-23
0.981
2024562
2026-01-30
0.7217
3631218
2026-02-06
0.544
4578611
2026-02-13
0.531
3511398
2026-02-20
0.523
1979118
2026-02-27
0.5445
2287450
2026-03-06
0.5244
1683294
2026-03-13
0.567
1516884
2026-03-20
0.80
9378112
2026-03-27
1.15
10442845
2026-04-03
0.9501
4298456
2026-04-10
0.791
6756447
2026-04-17
0.6701
6634014
2026-04-24
0.615
2496191
2026-05-01
0.6033
1716391
2026-05-08
0.6294
1973188
2026-05-15
0.591
3722537
2026-05-22
0.5325
2265513
2026-05-29
0.79
5998019
2026-06-05
0.8445
3055898
2026-06-12
0.87
11103263
2026-06-19
1.17
109004745
2026-06-26
1.32
43263336
2026-07-03
1.52
14802926
2026-07-10
1.28
6967155
2026-07-17
1.15
8015666
2026-07-24
0.8475
7505676
2026-07-31
0.5387
8095659
2026-08-07
0.5612
3108779
2026-08-14
0.68
4577908
2026-08-21
0.6788
4434442
2026-08-28
0.6351
2455967
2026-09-04
0.66
1877606
2026-09-11
0.5362
1373082
2026-09-18
0.3738
3981424
2026-09-25
0.3421
1473649
2026-10-02
0.3027
1294576
2026-10-09
0.285
1246668
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -62.96% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -46.85% over four weeks. Volume balance is -58.8% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is below its earlier norm
Recent median weekly volume is 0.47ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 of 4 closes below
Price was below 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
31
-1.71
Available
13 weeks
13
-10.2
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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