The latest close is above the activity area established before the last four weeks. 4 of those four closes were above that area. Recent volume balance is positive; 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 move1.6%4.4% over thirteen weeks
Latest relative volume0.92ร1.40ร recent four-week median
Closing pressure11.3%Volume-weighted position within weekly ranges
Up-week volume share42.7%57.3% in declining weeks ยท last 13 weeks
13-week range breakout
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
0.9%
-45.6%
0.61ร
2025-10-24
3.5%
-4.5%
1.63ร
2025-10-31
3.0%
-14.9%
1.16ร
2025-11-07
2.2%
8.2%
2.93ร
2025-11-14
0.6%
-0.3%
1.10ร
2025-11-21
-3.2%
-31.7%
1.35ร
2025-11-28
-0.1%
-16.3%
0.72ร
2025-12-05
1.7%
6.5%
1.76ร
2025-12-12
1.0%
8.6%
1.39ร
2025-12-19
3.3%
39.0%
1.43ร
2025-12-26
1.0%
37.0%
0.76ร
2026-01-02
-0.3%
18.6%
1.03ร
2026-01-09
1.2%
47.2%
1.63ร
2026-01-16
0.4%
12.1%
1.44ร
2026-01-23
-0.8%
19.5%
1.11ร
2026-01-30
0.8%
44.2%
1.68ร
2026-02-06
0.3%
39.8%
2.17ร
2026-02-13
-0.8%
25.0%
1.79ร
2026-02-20
-0.7%
21.4%
1.33ร
2026-02-27
-0.5%
30.0%
1.35ร
2026-03-06
-2.2%
13.3%
1.31ร
2026-03-13
-2.0%
20.0%
0.94ร
2026-03-20
-4.0%
-11.7%
1.15ร
2026-03-27
-5.6%
-59.9%
0.74ร
2026-04-03
-2.0%
-40.0%
0.94ร
2026-04-10
1.6%
-2.5%
0.87ร
2026-04-17
7.8%
43.8%
0.79ร
2026-04-24
9.4%
81.1%
0.78ร
2026-05-01
7.8%
72.7%
0.71ร
2026-05-08
7.6%
83.4%
0.75ร
2026-05-15
3.8%
46.2%
1.39ร
2026-05-22
5.4%
42.9%
1.06ร
2026-05-29
5.6%
46.3%
0.54ร
2026-06-05
1.7%
9.7%
0.73ร
2026-06-12
1.1%
23.5%
0.87ร
2026-06-19
-0.8%
-7.6%
0.65ร
2026-06-26
-3.8%
-36.2%
0.74ร
2026-07-03
1.3%
1.8%
0.53ร
2026-07-10
2.2%
5.4%
0.77ร
2026-07-17
1.1%
5.5%
0.53ร
2026-07-24
2.3%
19.3%
0.79ร
2026-07-31
0.4%
19.8%
0.73ร
2026-08-07
3.0%
38.3%
1.05ร
2026-08-14
4.6%
45.5%
0.61ร
2026-08-21
4.6%
47.0%
1.02ร
2026-08-28
3.6%
30.2%
0.76ร
2026-09-04
-0.2%
-18.3%
1.37ร
2026-09-11
-0.3%
1.6%
1.01ร
2026-09-18
-0.7%
-5.3%
1.50ร
2026-09-25
-0.1%
-10.3%
1.50ร
2026-10-02
-1.0%
4.9%
1.31ร
2026-10-09
1.6%
11.3%
0.92ร
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
29% 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: 100% of the way from the weekly low to high.
Volume-weighted return tilt
-0.01 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
58.1 / 100
Price direction30.0 / 30
Closing pressure3.4 / 30
Up-week volume10.7 / 25
Volume confirmation14.0 / 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
14
0.4%
23
-0.1%
0.5 points
Advancing weeks
13 weeks
8
3.3%
11
4.4%
-1.1 points
Declining weeks
4 weeks
11
1.6%
16
2.0%
-0.4 points
Declining weeks
13 weeks
7
โ
8
โ
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 ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2023-08-11
2023-09-08
0.5%
High volume
2023-11-03
2023-12-01
4.6%
High volume
2023-12-01
2023-12-29
3.3%
High volume
2023-12-29
2024-01-26
3.1%
High volume
2024-01-26
2024-02-23
5.5%
High volume
2024-02-23
2024-03-22
2.9%
High volume
2024-03-22
2024-04-19
-4.3%
High volume
2024-07-05
2024-08-02
-4.2%
High volume
2024-11-08
2024-12-06
1.6%
High volume
2024-12-06
2025-01-03
-1.2%
High volume
2025-03-21
2025-04-18
-6.9%
High volume
2025-10-24
2025-11-21
-3.2%
High volume
2026-01-09
2026-02-06
0.3%
High volume
2026-02-06
2026-03-06
-2.2%
Ordinary volume
2023-05-26
2023-06-23
4.1%
Ordinary volume
2023-07-21
2023-08-18
-2.5%
Ordinary volume
2023-09-01
2023-09-29
-4.4%
Ordinary volume
2023-10-13
2023-11-10
1.9%
Ordinary volume
2023-12-15
2024-01-12
1.8%
Ordinary volume
2024-03-29
2024-04-26
-3.1%
Ordinary volume
2024-04-26
2024-05-24
3.5%
Ordinary volume
2024-06-07
2024-07-05
4.1%
Ordinary volume
2024-07-12
2024-08-09
-5.2%
Ordinary volume
2024-12-13
2025-01-10
-3.0%
Ordinary volume
2025-01-24
2025-02-21
-0.5%
Ordinary volume
2025-04-25
2025-05-23
3.5%
Ordinary volume
2025-06-06
2025-07-04
5.5%
Ordinary volume
2025-07-04
2025-08-01
-0.7%
Ordinary volume
2025-08-08
2025-09-05
2.1%
Ordinary volume
2025-10-03
2025-10-31
3.0%
Ordinary volume
2025-10-31
2025-11-28
-0.1%
Ordinary volume
2025-12-26
2026-01-23
-0.8%
Ordinary volume
2026-01-23
2026-02-20
-0.7%
Ordinary volume
2026-04-03
2026-05-01
7.8%
Ordinary volume
2026-05-22
2026-06-19
-0.8%
Ordinary volume
2026-07-10
2026-08-07
3.0%
Ordinary volume
2026-08-07
2026-09-04
-0.2%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2023-08-11
2023-11-10
-0.3%
High volume
2023-11-10
2024-02-09
13.5%
High volume
2024-02-09
2024-05-10
4.7%
High volume
2024-07-05
2024-10-04
3.4%
High volume
2024-11-08
2025-02-07
2.4%
High volume
2025-03-21
2025-06-20
3.2%
High volume
2025-10-24
2026-01-23
0.5%
High volume
2026-01-30
2026-05-01
4.0%
Ordinary volume
2023-05-26
2023-08-25
6.4%
Ordinary volume
2023-09-01
2023-12-01
2.0%
Ordinary volume
2023-12-15
2024-03-15
10.8%
Ordinary volume
2024-03-29
2024-06-28
3.3%
Ordinary volume
2024-07-12
2024-10-11
3.6%
Ordinary volume
2024-12-13
2025-03-14
-4.8%
Ordinary volume
2025-04-25
2025-07-25
14.3%
Ordinary volume
2025-07-25
2025-10-24
9.1%
Ordinary volume
2025-10-31
2026-01-30
0.3%
Ordinary volume
2026-04-03
2026-07-03
13.1%
Ordinary volume
2026-07-10
2026-10-09
4.4%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2023-10-20
2023-11-17
6.8%
High volume
2024-03-08
2024-04-05
1.5%
High volume
2024-04-05
2024-05-03
-1.4%
High volume
2024-12-20
2025-01-17
1.6%
High volume
2025-02-28
2025-03-28
-5.6%
High volume
2025-04-04
2025-05-02
9.5%
High volume
2025-07-11
2025-08-08
2.2%
High volume
2025-10-10
2025-11-07
2.2%
High volume
2025-11-07
2025-12-05
1.7%
High volume
2025-12-05
2026-01-02
-0.3%
High volume
2026-02-13
2026-03-13
-2.0%
Ordinary volume
2023-08-04
2023-09-01
1.2%
Ordinary volume
2023-09-08
2023-10-06
-3.5%
Ordinary volume
2024-01-05
2024-02-02
5.0%
Ordinary volume
2024-04-19
2024-05-17
5.9%
Ordinary volume
2024-05-24
2024-06-21
3.3%
Ordinary volume
2024-06-28
2024-07-26
0.3%
Ordinary volume
2024-07-26
2024-08-23
2.0%
Ordinary volume
2024-09-06
2024-10-04
6.3%
Ordinary volume
2025-01-03
2025-01-31
2.0%
Ordinary volume
2025-01-31
2025-02-28
0.2%
Ordinary volume
2025-08-01
2025-08-29
4.0%
Ordinary volume
2026-01-02
2026-01-30
0.8%
Ordinary volume
2026-03-13
2026-04-10
1.6%
Ordinary volume
2026-06-12
2026-07-10
2.2%
Ordinary volume
2026-07-24
2026-08-21
4.6%
Ordinary volume
2026-08-21
2026-09-18
-0.7%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2023-10-20
2024-01-19
13.7%
High volume
2024-03-08
2024-06-07
4.2%
High volume
2024-12-20
2025-03-21
-2.0%
High volume
2025-04-04
2025-07-04
20.7%
High volume
2025-07-11
2025-10-10
7.4%
High volume
2025-10-10
2026-01-09
4.9%
High volume
2026-02-13
2026-05-15
7.6%
Ordinary volume
2023-08-04
2023-11-03
-1.3%
Ordinary volume
2024-01-05
2024-04-05
11.3%
Ordinary volume
2024-04-19
2024-07-19
10.4%
Ordinary volume
2024-07-19
2024-10-18
5.6%
Ordinary volume
2025-01-03
2025-04-04
-12.3%
Ordinary volume
2025-08-01
2025-10-31
12.2%
Ordinary volume
2026-01-02
2026-04-03
-2.8%
Ordinary volume
2026-06-12
2026-09-11
5.1%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 17.63
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 price15.21
Earlier activity area14.34 โ 16.36
Recent volume balance11.3%
Recent weekly volume1.29ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
14.99
212759
2025-10-24
15.24
531210
2025-10-31
15.30
379050
2025-11-07
15.01
953842
2025-11-14
15.08
381763
2025-11-21
14.75
472814
2025-11-28
15.29
257862
2025-12-05
15.27
626752
2025-12-12
15.23
508293
2025-12-19
15.24
520702
2025-12-26
15.44
288433
2026-01-02
15.23
375176
2026-01-09
15.41
614395
2026-01-16
15.30
544443
2026-01-23
15.32
418331
2026-01-30
15.35
637454
2026-02-06
15.46
850724
2026-02-13
15.18
735872
2026-02-20
15.21
593687
2026-02-27
15.27
662088
2026-03-06
15.11
673989
2026-03-13
14.88
493990
2026-03-20
14.61
590085
2026-03-27
14.41
387085
2026-04-03
14.81
493160
2026-04-10
15.11
457752
2026-04-17
15.75
407194
2026-04-24
15.77
403551
2026-05-01
15.97
356371
2026-05-08
16.26
373440
2026-05-15
16.34
685637
2026-05-22
16.62
531640
2026-05-29
16.86
279611
2026-06-05
16.53
375464
2026-06-12
16.52
435881
2026-06-19
16.48
319670
2026-06-26
16.22
353532
2026-07-03
16.75
250160
2026-07-10
16.89
366887
2026-07-17
16.66
238453
2026-07-24
16.60
335433
2026-07-31
16.82
309043
2026-08-07
17.40
426022
2026-08-14
17.42
245598
2026-08-21
17.36
402384
2026-08-28
17.42
299331
2026-09-04
17.37
522776
2026-09-11
17.36
385463
2026-09-18
17.24
571253
2026-09-25
17.40
572053
2026-10-02
17.19
497399
2026-10-09
17.63
349027
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +10.27% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +1.56% over four weeks. Volume balance is +11.3% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 1.29ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 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
27
1.94
Available
13 weeks
10
6.4
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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