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 weeks2025-10-03 to 2026-09-25Weekly volume estimate
The relationship beneath price ยท 2026-09-25
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-11.3%-19.0% over thirteen weeks
Latest relative volume1.15ร1.01ร recent four-week median
Closing pressure-33.1%Volume-weighted position within weekly ranges
Up-week volume share25.0%75.0% 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
2025-10-03
-3.1%
-19.8%
0.65ร
2025-10-10
-0.5%
-17.0%
0.54ร
2025-10-17
-0.2%
-8.0%
1.34ร
2025-10-24
2.1%
-10.0%
0.72ร
2025-10-31
-1.2%
-16.7%
1.25ร
2025-11-07
-4.0%
-19.8%
1.23ร
2025-11-14
-8.0%
-33.3%
1.28ร
2025-11-21
-8.2%
-11.9%
1.34ร
2025-11-28
-5.3%
-2.0%
0.77ร
2025-12-05
3.0%
20.1%
0.91ร
2025-12-12
7.9%
60.5%
1.22ร
2025-12-19
3.2%
0.4%
1.70ร
2025-12-26
2.3%
-2.3%
0.43ร
2026-01-02
-2.6%
-18.6%
0.50ร
2026-01-09
1.0%
-28.2%
0.75ร
2026-01-16
7.4%
47.2%
0.92ร
2026-01-23
7.2%
46.4%
0.84ร
2026-01-30
13.1%
67.8%
1.00ร
2026-02-06
15.6%
74.4%
1.84ร
2026-02-13
14.8%
76.8%
1.19ร
2026-02-20
13.1%
70.8%
0.86ร
2026-02-27
10.8%
53.9%
0.82ร
2026-03-06
-4.1%
4.1%
0.79ร
2026-03-13
-7.9%
-25.8%
0.76ร
2026-03-20
-9.2%
-41.1%
1.35ร
2026-03-27
-9.7%
-55.5%
1.03ร
2026-04-03
-1.0%
-36.2%
0.66ร
2026-04-10
7.0%
-23.3%
0.81ร
2026-04-17
6.8%
-22.8%
1.66ร
2026-04-24
4.2%
2.0%
1.55ร
2026-05-01
-0.9%
-16.5%
0.87ร
2026-05-08
-11.2%
-45.6%
1.14ร
2026-05-15
-12.0%
-45.6%
1.10ร
2026-05-22
-9.9%
-57.6%
1.10ร
2026-05-29
-7.7%
-54.4%
0.96ร
2026-06-05
-3.7%
-12.0%
1.19ร
2026-06-12
1.2%
-2.5%
1.01ร
2026-06-19
3.2%
10.2%
1.10ร
2026-06-26
5.9%
31.7%
1.58ร
2026-07-03
-1.4%
4.3%
0.84ร
2026-07-10
-3.7%
-8.4%
1.06ร
2026-07-17
-2.8%
-13.0%
1.15ร
2026-07-24
-6.5%
-33.7%
0.82ร
2026-07-31
0.8%
-26.0%
1.12ร
2026-08-07
6.9%
-21.5%
1.03ร
2026-08-14
0.6%
-41.9%
0.70ร
2026-08-21
-0.1%
-39.9%
0.89ร
2026-08-28
-3.2%
-49.0%
0.85ร
2026-09-04
-9.9%
-43.3%
0.87ร
2026-09-11
-6.3%
-12.8%
0.87ร
2026-09-18
-12.2%
-39.8%
1.99ร
2026-09-25
-11.3%
-33.1%
1.15ร
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: 32% of the way from the weekly low to high.
Volume-weighted return tilt
-0.29 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
6.3 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume6.3 / 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
20
0.1%
39
-0.7%
0.8 points
Advancing weeks
13 weeks
12
-3.6%
17
4.2%
-7.8 points
Declining weeks
4 weeks
17
0.2%
45
0.6%
-0.5 points
Declining weeks
13 weeks
10
-0.1%
17
3.0%
-3.1 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
2021-09-17
2021-10-15
0.8%
High volume
2021-11-05
2021-12-03
-17.8%
High volume
2022-02-04
2022-03-04
-2.3%
High volume
2022-03-18
2022-04-15
-5.0%
High volume
2022-05-06
2022-06-03
2.1%
High volume
2022-06-24
2022-07-22
4.4%
High volume
2022-10-21
2022-11-18
6.7%
High volume
2023-06-16
2023-07-14
2.5%
High volume
2023-07-21
2023-08-18
-16.8%
High volume
2023-11-03
2023-12-01
4.6%
High volume
2023-12-15
2024-01-12
-0.7%
High volume
2024-02-09
2024-03-08
3.4%
High volume
2024-04-19
2024-05-17
20.6%
High volume
2024-06-28
2024-07-26
15.5%
High volume
2024-08-09
2024-09-06
-2.6%
High volume
2024-10-11
2024-11-08
13.3%
High volume
2025-02-07
2025-03-07
-8.1%
High volume
2025-03-14
2025-04-11
-10.0%
High volume
2026-02-06
2026-03-06
-4.1%
High volume
2026-06-26
2026-07-24
-6.5%
Ordinary volume
2021-04-09
2021-05-07
4.0%
Ordinary volume
2021-05-07
2021-06-04
-2.6%
Ordinary volume
2021-07-02
2021-07-30
-0.7%
Ordinary volume
2021-07-30
2021-08-27
12.1%
Ordinary volume
2021-08-27
2021-09-24
-4.6%
Ordinary volume
2021-09-24
2021-10-22
2.9%
Ordinary volume
2021-10-22
2021-11-19
-9.8%
Ordinary volume
2021-12-10
2022-01-07
-1.1%
Ordinary volume
2022-04-01
2022-04-29
-7.1%
Ordinary volume
2022-05-27
2022-06-24
-1.8%
Ordinary volume
2022-07-29
2022-08-26
-10.9%
Ordinary volume
2022-10-07
2022-11-04
9.2%
Ordinary volume
2022-11-25
2022-12-23
-7.5%
Ordinary volume
2023-01-13
2023-02-10
12.4%
Ordinary volume
2023-02-17
2023-03-17
-8.9%
Ordinary volume
2023-03-24
2023-04-21
3.4%
Ordinary volume
2023-05-19
2023-06-16
13.1%
Ordinary volume
2023-07-14
2023-08-11
-12.0%
Ordinary volume
2023-09-01
2023-09-29
-10.4%
Ordinary volume
2023-10-06
2023-11-03
1.1%
Ordinary volume
2023-12-01
2023-12-29
6.3%
Ordinary volume
2024-01-19
2024-02-16
14.2%
Ordinary volume
2024-03-08
2024-04-05
-1.5%
Ordinary volume
2024-06-21
2024-07-19
13.3%
Ordinary volume
2024-07-19
2024-08-16
3.9%
Ordinary volume
2024-08-16
2024-09-13
-1.0%
Ordinary volume
2024-09-13
2024-10-11
12.4%
Ordinary volume
2024-11-01
2024-11-29
14.6%
Ordinary volume
2024-12-06
2025-01-03
-11.6%
Ordinary volume
2025-01-17
2025-02-14
17.5%
Ordinary volume
2025-02-28
2025-03-28
-1.0%
Ordinary volume
2025-04-25
2025-05-23
-6.0%
Ordinary volume
2025-06-06
2025-07-04
0.7%
Ordinary volume
2025-11-28
2025-12-26
2.3%
Ordinary volume
2026-01-09
2026-02-06
15.6%
Ordinary volume
2026-02-13
2026-03-13
-7.9%
Ordinary volume
2026-04-10
2026-05-08
-11.2%
Ordinary volume
2026-06-05
2026-07-03
-1.4%
Ordinary volume
2026-07-17
2026-08-14
0.6%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-09-17
2021-12-17
-11.5%
High volume
2022-02-04
2022-05-06
-5.9%
High volume
2022-05-06
2022-08-05
-1.3%
High volume
2022-10-21
2023-01-20
12.2%
High volume
2023-06-16
2023-09-15
-17.0%
High volume
2023-11-03
2024-02-02
7.4%
High volume
2024-02-09
2024-05-10
27.0%
High volume
2024-05-10
2024-08-09
3.5%
High volume
2024-08-09
2024-11-08
29.6%
High volume
2025-02-07
2025-05-09
-10.1%
High volume
2026-02-06
2026-05-08
-9.4%
High volume
2026-06-26
2026-09-25
-19.0%
Ordinary volume
2021-04-09
2021-07-09
4.2%
Ordinary volume
2021-07-23
2021-10-22
10.9%
Ordinary volume
2021-10-22
2022-01-21
-20.0%
Ordinary volume
2022-04-01
2022-07-01
-8.9%
Ordinary volume
2022-07-29
2022-10-28
-10.5%
Ordinary volume
2022-10-28
2023-01-27
7.5%
Ordinary volume
2023-02-17
2023-05-19
-1.6%
Ordinary volume
2023-05-19
2023-08-18
-2.8%
Ordinary volume
2023-09-01
2023-12-01
-3.8%
Ordinary volume
2023-12-01
2024-03-01
14.0%
Ordinary volume
2024-03-08
2024-06-07
11.7%
Ordinary volume
2024-06-21
2024-09-20
21.4%
Ordinary volume
2024-09-20
2024-12-20
9.2%
Ordinary volume
2025-01-17
2025-04-18
9.3%
Ordinary volume
2025-04-25
2025-07-25
-3.8%
Ordinary volume
2025-11-28
2026-02-27
23.8%
Ordinary volume
2026-04-10
2026-07-10
-16.1%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-11-12
2021-12-10
-4.3%
High volume
2021-12-17
2022-01-14
-4.2%
High volume
2022-01-28
2022-02-25
0.1%
High volume
2022-04-08
2022-05-06
-6.3%
High volume
2022-06-17
2022-07-15
7.0%
High volume
2022-09-16
2022-10-14
-1.9%
High volume
2022-11-11
2022-12-09
1.9%
High volume
2023-03-17
2023-04-14
5.4%
High volume
2023-08-04
2023-09-01
0.2%
High volume
2024-02-23
2024-03-22
0.4%
High volume
2024-04-12
2024-05-10
27.5%
High volume
2024-05-17
2024-06-14
-10.2%
High volume
2025-02-14
2025-03-14
1.4%
High volume
2025-03-21
2025-04-18
-6.8%
High volume
2025-05-09
2025-06-06
0.8%
High volume
2025-12-19
2026-01-16
7.4%
High volume
2026-04-17
2026-05-15
-12.0%
Ordinary volume
2021-04-16
2021-05-14
3.5%
Ordinary volume
2021-05-21
2021-06-18
-6.5%
Ordinary volume
2021-06-18
2021-07-16
8.8%
Ordinary volume
2021-07-16
2021-08-13
5.8%
Ordinary volume
2021-08-13
2021-09-10
2.0%
Ordinary volume
2021-09-10
2021-10-08
1.3%
Ordinary volume
2021-11-26
2021-12-24
0.6%
Ordinary volume
2022-01-07
2022-02-04
-7.4%
Ordinary volume
2022-02-18
2022-03-18
4.9%
Ordinary volume
2022-03-25
2022-04-22
-2.8%
Ordinary volume
2022-04-22
2022-05-20
-6.3%
Ordinary volume
2022-05-20
2022-06-17
-4.2%
Ordinary volume
2022-08-05
2022-09-02
-6.5%
Ordinary volume
2022-09-02
2022-09-30
-6.7%
Ordinary volume
2022-10-14
2022-11-11
8.9%
Ordinary volume
2022-12-09
2023-01-06
-1.3%
Ordinary volume
2023-02-10
2023-03-10
-4.7%
Ordinary volume
2023-03-10
2023-04-07
-0.4%
Ordinary volume
2023-04-07
2023-05-05
14.4%
Ordinary volume
2023-05-26
2023-06-23
11.2%
Ordinary volume
2023-06-23
2023-07-21
5.3%
Ordinary volume
2023-07-28
2023-08-25
-13.6%
Ordinary volume
2023-09-15
2023-10-13
-1.6%
Ordinary volume
2023-10-13
2023-11-10
1.5%
Ordinary volume
2023-11-10
2023-12-08
6.5%
Ordinary volume
2024-01-26
2024-02-23
15.1%
Ordinary volume
2024-03-15
2024-04-12
-1.6%
Ordinary volume
2024-05-31
2024-06-28
-3.5%
Ordinary volume
2024-08-02
2024-08-30
9.6%
Ordinary volume
2024-09-06
2024-10-04
14.0%
Ordinary volume
2024-10-18
2024-11-15
8.3%
Ordinary volume
2024-11-15
2024-12-13
0.0%
Ordinary volume
2024-12-13
2025-01-10
-10.9%
Ordinary volume
2025-01-10
2025-02-07
26.2%
Ordinary volume
2025-02-21
2025-03-21
6.1%
Ordinary volume
2025-05-23
2025-06-20
-5.1%
Ordinary volume
2025-07-25
2025-08-22
8.5%
Ordinary volume
2025-09-12
2025-10-10
-0.5%
Ordinary volume
2025-10-31
2025-11-28
-5.3%
Ordinary volume
2026-02-20
2026-03-20
-9.2%
Ordinary volume
2026-03-27
2026-04-24
4.2%
Ordinary volume
2026-05-01
2026-05-29
-7.7%
Ordinary volume
2026-05-29
2026-06-26
5.9%
Ordinary volume
2026-07-03
2026-07-31
0.8%
Ordinary volume
2026-08-21
2026-09-18
-12.2%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-11-12
2022-02-11
-12.6%
High volume
2022-04-08
2022-07-08
-7.3%
High volume
2022-09-16
2022-12-16
4.2%
High volume
2023-03-17
2023-06-16
22.2%
High volume
2023-08-04
2023-11-03
-7.8%
High volume
2024-02-23
2024-05-24
18.9%
High volume
2024-05-24
2024-08-23
11.3%
High volume
2025-02-14
2025-05-16
-4.4%
High volume
2025-12-19
2026-03-20
11.4%
High volume
2026-04-17
2026-07-17
-12.4%
Ordinary volume
2021-04-16
2021-07-16
3.0%
Ordinary volume
2021-07-16
2021-10-15
9.3%
Ordinary volume
2021-11-26
2022-02-25
-9.8%
Ordinary volume
2022-02-25
2022-05-27
-3.2%
Ordinary volume
2022-08-05
2022-11-04
-2.4%
Ordinary volume
2022-11-04
2023-02-03
22.4%
Ordinary volume
2023-02-10
2023-05-12
-1.0%
Ordinary volume
2023-05-26
2023-08-25
0.1%
Ordinary volume
2023-09-15
2023-12-15
8.4%
Ordinary volume
2024-01-26
2024-04-26
16.1%
Ordinary volume
2024-05-31
2024-08-30
16.1%
Ordinary volume
2024-09-06
2024-12-06
31.0%
Ordinary volume
2024-12-13
2025-03-14
12.4%
Ordinary volume
2025-05-23
2025-08-22
11.1%
Ordinary volume
2025-09-12
2025-12-12
0.1%
Ordinary volume
2026-02-20
2026-05-22
-15.3%
Ordinary volume
2026-05-22
2026-08-21
-1.5%
Price, activity and volume balance
Where volume is concentrated
2026-09-25Close 21.63
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 price25.46
Earlier activity area24.01 โ 27.81
Recent volume balance-33.1%
Recent weekly volume1.01ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-03
25.75
4354191
2025-10-10
24.72
3522536
2025-10-17
25.05
8223215
2025-10-24
25.71
4431112
2025-10-31
25.46
7273368
2025-11-07
23.73
7573448
2025-11-14
23.04
7850928
2025-11-21
23.61
8251834
2025-11-28
24.12
5060244
2025-12-05
24.45
5989343
2025-12-12
24.86
7498210
2025-12-19
24.37
11215531
2025-12-26
24.66
2866151
2026-01-02
23.82
3057997
2026-01-09
25.11
4644964
2026-01-16
26.18
5686358
2026-01-23
26.44
4931030
2026-01-30
26.93
5372257
2026-02-06
29.03
9614392
2026-02-13
30.05
6209406
2026-02-20
29.89
4776242
2026-02-27
29.85
4544421
2026-03-06
27.85
4380102
2026-03-13
27.67
4190638
2026-03-20
27.15
7017652
2026-03-27
26.97
5360103
2026-04-03
27.58
3524232
2026-04-10
29.61
4351976
2026-04-17
28.99
8925883
2026-04-24
28.09
8324515
2026-05-01
27.32
4810397
2026-05-08
26.30
6110947
2026-05-15
25.51
5911757
2026-05-22
25.31
5918204
2026-05-29
25.21
5129936
2026-06-05
25.33
6384533
2026-06-12
25.82
5443917
2026-06-19
26.13
5890588
2026-06-26
26.70
8455702
2026-07-03
24.97
4541377
2026-07-10
24.85
5726561
2026-07-17
25.39
6387254
2026-07-24
24.96
4554644
2026-07-31
25.17
6269728
2026-08-07
26.58
5988719
2026-08-14
25.54
4059891
2026-08-21
24.94
4965588
2026-08-28
24.38
4765156
2026-09-04
23.95
4833146
2026-09-11
23.94
4877058
2026-09-18
21.90
11096038
2026-09-25
21.63
6413115
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -12.14% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -11.28% over four weeks. Volume balance is -33.1% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.01ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 of 4 closes below
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
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
8
4.65
Available
13 weeks
6
12.14
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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