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 mixed; the estimated activity centre is lower.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price · 2026-10-09
Advance on lighter volume
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move18.1%-13.3% over thirteen weeks
Latest relative volume1.85×0.70× recent four-week median
Closing pressure3.3%Volume-weighted position within weekly ranges
Up-week volume share41.8%58.2% in declining weeks · 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
2026-04-03
5.4%
-34.5%
0.57×
2026-04-10
39.0%
-7.9%
1.64×
2026-04-17
56.6%
16.7%
1.72×
2026-04-24
102.3%
51.8%
4.96×
2026-05-01
110.4%
60.9%
3.66×
2026-05-08
100.7%
60.5%
6.43×
2026-05-15
143.1%
44.9%
11.30×
2026-05-22
123.8%
36.2%
5.95×
2026-05-29
61.3%
7.7%
5.47×
2026-06-05
18.2%
-13.8%
5.27×
2026-06-12
-30.6%
-42.2%
4.23×
2026-06-19
-17.9%
-30.5%
3.33×
2026-06-26
-22.5%
-24.1%
2.60×
2026-07-03
-27.4%
-26.0%
1.71×
2026-07-10
-18.2%
-17.1%
1.55×
2026-07-17
-47.9%
-70.2%
1.27×
2026-07-24
-49.8%
-76.2%
1.24×
2026-07-31
-41.0%
-41.9%
1.27×
2026-08-07
-6.9%
5.5%
1.37×
2026-08-14
6.4%
22.9%
0.89×
2026-08-21
11.6%
16.2%
1.56×
2026-08-28
9.4%
11.4%
0.56×
2026-09-04
-13.8%
-5.9%
0.67×
2026-09-11
-18.5%
-21.0%
0.41×
2026-09-18
-0.7%
39.6%
0.55×
2026-09-25
6.7%
45.5%
0.51×
2026-10-02
24.4%
46.9%
0.85×
2026-10-09
18.1%
3.3%
1.85×
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: 17% of the way from the weekly low to high.
Volume-weighted return tilt
-0.89 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
33.5 / 100
Price direction15.0 / 30
Closing pressure1.0 / 30
Up-week volume10.4 / 25
Volume confirmation7.0 / 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 1.5× its preceding 26-week median; ordinary volume is 0.75–1.25×. Returns start at that week’s 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
3
—
0
—
Limited sample
Advancing weeks
13 weeks
1
—
0
—
Limited sample
Declining weeks
4 weeks
3
—
1
—
Limited sample
Declining weeks
13 weeks
1
—
0
—
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 · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2026-04-10
2026-05-08
100.7%
High volume
2026-05-08
2026-06-05
18.2%
High volume
2026-06-19
2026-07-17
-47.9%
Advancing weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2026-04-10
2026-07-10
52.0%
Declining weeks · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2026-05-29
2026-06-26
-22.5%
High volume
2026-06-26
2026-07-24
-49.8%
High volume
2026-08-21
2026-09-18
-0.7%
Ordinary volume
2026-07-24
2026-08-21
11.6%
Declining weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2026-05-29
2026-08-28
-56.4%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 30.61
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 price31.25
Earlier activity area13.48 – 52.76
Recent volume balance3.3%
Recent weekly volume1.23×
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
31.00
17969652
2025-10-24
29.57
7142874
2025-10-31
26.32
20104659
2025-11-07
17.95
13050448
2025-11-14
17.48
7754900
2025-11-21
17.18
5251501
2025-11-28
20.28
6173978
2025-12-05
22.07
8600321
2025-12-12
18.56
7471989
2025-12-19
18.37
4977090
2025-12-26
17.95
2082123
2026-01-02
18.93
2771457
2026-01-09
18.60
4163943
2026-01-16
20.35
7253992
2026-01-23
17.96
6559033
2026-01-30
15.66
7007582
2026-02-06
15.74
14728404
2026-02-13
17.74
11636808
2026-02-20
18.66
5382621
2026-02-27
19.72
8071378
2026-03-06
16.57
10207696
2026-03-13
16.70
7198343
2026-03-20
16.32
8892001
2026-03-27
15.44
5688993
2026-04-03
17.47
4231381
2026-04-10
23.22
11881529
2026-04-17
25.56
12399183
2026-04-24
31.23
35839988
2026-05-01
36.76
26955902
2026-05-08
46.60
47363970
2026-05-15
62.13
83232849
2026-05-22
69.89
43780239
2026-05-29
59.28
42484492
2026-06-05
55.06
43923202
2026-06-12
43.14
35851404
2026-06-19
57.41
31787898
2026-06-26
45.97
28448557
2026-07-03
40.00
20135404
2026-07-10
35.29
18858159
2026-07-17
29.89
17164810
2026-07-24
23.09
19797468
2026-07-31
23.62
22859084
2026-08-07
32.87
26476284
2026-08-14
31.79
17867036
2026-08-21
25.76
31083345
2026-08-28
25.85
12126452
2026-09-04
28.35
14418529
2026-09-11
25.92
8883124
2026-09-18
25.59
11911631
2026-09-25
27.57
10945921
2026-10-02
35.28
18284518
2026-10-09
30.61
39715109
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -22.11% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +18.09% over four weeks. Volume balance is +3.3% on a scale from −100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.23× 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 · 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
0
—
Too few examples
13 weeks
0
—
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. “Start from a date” 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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