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 negative; the estimated activity centre is higher.
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-2.3%-7.3% over thirteen weeks
Latest relative volume0.85ร1.21ร recent four-week median
Closing pressure-29.0%Volume-weighted position within weekly ranges
Up-week volume share39.6%60.4% 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
-6.9%
-32.5%
1.55ร
2025-10-24
-9.4%
-47.9%
1.03ร
2025-10-31
-4.3%
-38.3%
0.68ร
2025-11-07
-5.1%
-28.3%
0.90ร
2025-11-14
-27.3%
-57.9%
1.76ร
2025-11-21
-23.5%
-46.0%
1.14ร
2025-11-28
-21.3%
-47.7%
0.50ร
2025-12-05
-15.7%
-41.0%
0.70ร
2025-12-12
3.9%
-14.2%
0.85ร
2025-12-19
-0.8%
-50.0%
1.45ร
2025-12-26
3.6%
-31.3%
0.44ร
2026-01-02
-2.3%
-40.3%
0.66ร
2026-01-09
-11.1%
-51.7%
1.20ร
2026-01-16
-5.4%
1.4%
0.96ร
2026-01-23
-3.9%
0.1%
0.62ร
2026-01-30
-2.2%
13.8%
0.80ร
2026-02-06
-0.7%
22.8%
0.99ร
2026-02-13
-1.0%
-12.2%
1.03ร
2026-02-20
-4.7%
-15.2%
0.53ร
2026-02-27
4.2%
12.4%
0.91ร
2026-03-06
26.4%
50.2%
1.25ร
2026-03-13
21.8%
67.5%
1.25ร
2026-03-20
7.2%
35.6%
1.54ร
2026-03-27
0.9%
10.8%
0.60ร
2026-04-03
-11.4%
-13.0%
0.84ร
2026-04-10
-7.8%
-18.5%
0.54ร
2026-04-17
13.8%
17.0%
0.83ร
2026-04-24
13.4%
26.3%
0.85ร
2026-05-01
14.5%
41.1%
0.81ร
2026-05-08
12.3%
38.9%
0.60ร
2026-05-15
2.7%
19.0%
1.27ร
2026-05-22
12.4%
35.7%
1.14ร
2026-05-29
11.0%
31.4%
0.56ร
2026-06-05
10.9%
33.6%
0.81ร
2026-06-12
11.6%
43.8%
0.48ร
2026-06-19
3.9%
15.3%
1.01ร
2026-06-26
3.1%
21.3%
1.82ร
2026-07-03
12.0%
28.1%
0.89ร
2026-07-10
12.5%
40.0%
1.25ร
2026-07-17
18.1%
52.4%
2.10ร
2026-07-24
13.4%
41.5%
1.32ร
2026-07-31
7.6%
31.7%
1.76ร
2026-08-07
12.9%
29.7%
1.47ร
2026-08-14
3.1%
8.9%
1.78ร
2026-08-21
4.7%
20.5%
1.77ร
2026-08-28
-0.5%
29.7%
1.51ร
2026-09-04
-12.3%
1.0%
1.36ร
2026-09-11
-12.5%
-1.8%
0.84ร
2026-09-18
-15.3%
-38.9%
1.60ร
2026-09-25
-15.0%
-67.4%
1.01ร
2026-10-02
-7.9%
-50.5%
1.37ร
2026-10-09
-2.3%
-29.0%
0.85ร
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
30% 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: 71% of the way from the weekly low to high.
Volume-weighted return tilt
0.14 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
9.9 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume9.9 / 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
18
-0.7%
27
2.5%
-3.2 points
Advancing weeks
13 weeks
11
0.5%
13
8.7%
-8.3 points
Declining weeks
4 weeks
21
-2.4%
26
-1.5%
-1.0 points
Declining weeks
13 weeks
11
-5.1%
14
6.6%
-11.7 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
2022-02-25
2022-03-25
0.9%
High volume
2023-01-13
2023-02-10
4.2%
High volume
2023-09-15
2023-10-13
-11.5%
High volume
2023-12-08
2024-01-05
11.7%
High volume
2024-01-26
2024-02-23
-3.4%
High volume
2024-05-24
2024-06-21
-0.8%
High volume
2024-08-23
2024-09-20
4.4%
High volume
2024-09-20
2024-10-18
-2.0%
High volume
2024-10-18
2024-11-15
-8.5%
High volume
2024-11-22
2024-12-20
-1.6%
High volume
2025-01-03
2025-01-31
-7.8%
High volume
2025-03-07
2025-04-04
-12.0%
High volume
2025-04-04
2025-05-02
33.8%
High volume
2025-05-02
2025-05-30
12.4%
High volume
2025-06-27
2025-07-25
6.1%
High volume
2025-10-17
2025-11-14
-27.3%
High volume
2026-06-26
2026-07-24
13.4%
High volume
2026-07-31
2026-08-28
-0.5%
Ordinary volume
2021-12-17
2022-01-14
-3.1%
Ordinary volume
2022-02-04
2022-03-04
-5.2%
Ordinary volume
2022-04-22
2022-05-20
-11.3%
Ordinary volume
2022-06-03
2022-07-01
-29.5%
Ordinary volume
2022-07-08
2022-08-05
13.2%
Ordinary volume
2022-10-21
2022-11-18
-13.8%
Ordinary volume
2022-12-02
2022-12-30
-20.3%
Ordinary volume
2022-12-30
2023-01-27
26.5%
Ordinary volume
2023-04-28
2023-05-26
5.6%
Ordinary volume
2023-05-26
2023-06-23
13.7%
Ordinary volume
2023-09-29
2023-10-27
-8.8%
Ordinary volume
2023-11-03
2023-12-01
-0.5%
Ordinary volume
2023-12-29
2024-01-26
3.4%
Ordinary volume
2024-03-01
2024-03-29
-1.3%
Ordinary volume
2024-04-12
2024-05-10
2.5%
Ordinary volume
2024-05-10
2024-06-07
12.2%
Ordinary volume
2024-07-19
2024-08-16
17.7%
Ordinary volume
2024-11-01
2024-11-29
20.5%
Ordinary volume
2024-12-27
2025-01-24
-6.1%
Ordinary volume
2025-07-25
2025-08-22
-7.6%
Ordinary volume
2025-11-21
2025-12-19
-0.8%
Ordinary volume
2026-01-16
2026-02-13
-1.0%
Ordinary volume
2026-02-13
2026-03-13
21.8%
Ordinary volume
2026-04-03
2026-05-01
14.5%
Ordinary volume
2026-05-01
2026-05-29
11.0%
Ordinary volume
2026-06-05
2026-07-03
12.0%
Ordinary volume
2026-07-03
2026-07-31
7.6%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-02-25
2022-05-27
-27.5%
High volume
2023-01-13
2023-04-14
-21.3%
High volume
2023-09-15
2023-12-15
22.5%
High volume
2023-12-15
2024-03-15
3.6%
High volume
2024-05-24
2024-08-23
29.3%
High volume
2024-08-23
2024-11-22
24.8%
High volume
2024-11-22
2025-02-21
-10.3%
High volume
2025-03-07
2025-06-06
22.1%
High volume
2025-06-27
2025-09-26
-8.8%
High volume
2025-10-17
2026-01-16
-30.3%
High volume
2026-06-26
2026-09-25
0.5%
Ordinary volume
2021-12-17
2022-03-18
-0.4%
Ordinary volume
2022-04-22
2022-07-22
-24.4%
Ordinary volume
2022-10-21
2023-01-20
-3.2%
Ordinary volume
2023-04-28
2023-07-28
30.4%
Ordinary volume
2023-09-29
2023-12-29
43.3%
Ordinary volume
2023-12-29
2024-03-29
3.2%
Ordinary volume
2024-04-12
2024-07-12
8.7%
Ordinary volume
2024-07-19
2024-10-18
33.5%
Ordinary volume
2024-11-01
2025-01-31
17.8%
Ordinary volume
2025-07-25
2025-10-24
-22.1%
Ordinary volume
2025-11-21
2026-02-20
-6.4%
Ordinary volume
2026-02-27
2026-05-29
30.4%
Ordinary volume
2026-06-05
2026-09-04
12.1%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-03-04
2022-04-01
1.6%
High volume
2022-04-01
2022-04-29
-19.2%
High volume
2022-06-10
2022-07-08
-9.9%
High volume
2022-08-19
2022-09-16
-16.2%
High volume
2022-11-18
2022-12-16
0.6%
High volume
2022-12-23
2023-01-20
18.8%
High volume
2023-03-10
2023-04-07
-5.7%
High volume
2023-07-21
2023-08-18
-45.4%
High volume
2023-08-18
2023-09-15
-6.6%
High volume
2023-09-22
2023-10-20
-2.6%
High volume
2023-12-01
2023-12-29
38.3%
High volume
2024-10-11
2024-11-08
1.3%
High volume
2024-11-15
2024-12-13
37.7%
High volume
2024-12-20
2025-01-17
4.6%
High volume
2025-02-21
2025-03-21
-19.2%
High volume
2025-03-21
2025-04-18
25.4%
High volume
2025-05-16
2025-06-13
-11.3%
High volume
2025-07-04
2025-08-01
-2.4%
High volume
2025-11-14
2025-12-12
3.9%
High volume
2026-03-20
2026-04-17
13.8%
High volume
2026-08-14
2026-09-11
-12.5%
Ordinary volume
2022-01-28
2022-02-25
17.6%
Ordinary volume
2022-04-08
2022-05-06
-20.5%
Ordinary volume
2022-05-06
2022-06-03
9.6%
Ordinary volume
2022-07-01
2022-07-29
19.4%
Ordinary volume
2022-09-02
2022-09-30
-5.1%
Ordinary volume
2022-09-30
2022-10-28
11.5%
Ordinary volume
2022-12-09
2023-01-06
-16.9%
Ordinary volume
2023-02-03
2023-03-03
-5.4%
Ordinary volume
2023-04-21
2023-05-19
6.9%
Ordinary volume
2023-08-11
2023-09-08
-41.4%
Ordinary volume
2023-11-10
2023-12-08
18.6%
Ordinary volume
2024-05-03
2024-05-31
19.6%
Ordinary volume
2024-06-07
2024-07-05
-5.0%
Ordinary volume
2024-07-12
2024-08-09
13.4%
Ordinary volume
2024-09-27
2024-10-25
-2.6%
Ordinary volume
2024-11-08
2024-12-06
25.3%
Ordinary volume
2025-01-24
2025-02-21
-4.6%
Ordinary volume
2025-06-06
2025-07-04
-4.2%
Ordinary volume
2025-08-01
2025-08-29
0.1%
Ordinary volume
2025-09-12
2025-10-10
-17.1%
Ordinary volume
2025-10-10
2025-11-07
-5.1%
Ordinary volume
2025-11-07
2025-12-05
-15.7%
Ordinary volume
2026-01-09
2026-02-06
-0.7%
Ordinary volume
2026-02-06
2026-03-06
26.4%
Ordinary volume
2026-04-24
2026-05-22
12.4%
Ordinary volume
2026-09-11
2026-10-09
-2.3%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-03-04
2022-06-03
-13.3%
High volume
2022-06-10
2022-09-09
-26.2%
High volume
2022-11-18
2023-02-17
16.9%
High volume
2023-03-10
2023-06-09
26.2%
High volume
2023-07-21
2023-10-20
-55.1%
High volume
2023-12-01
2024-03-01
44.5%
High volume
2024-10-11
2025-01-10
26.8%
High volume
2025-01-10
2025-04-11
-12.5%
High volume
2025-05-16
2025-08-15
-14.8%
High volume
2025-11-14
2026-02-13
-5.1%
High volume
2026-03-20
2026-06-19
30.7%
Ordinary volume
2022-01-28
2022-04-29
-13.0%
Ordinary volume
2022-05-06
2022-08-05
-5.5%
Ordinary volume
2022-09-02
2022-12-02
10.8%
Ordinary volume
2022-12-09
2023-03-10
-27.1%
Ordinary volume
2023-04-21
2023-07-21
37.0%
Ordinary volume
2023-08-11
2023-11-10
-42.7%
Ordinary volume
2023-11-10
2024-02-09
34.7%
Ordinary volume
2024-05-03
2024-08-02
22.3%
Ordinary volume
2024-09-27
2024-12-27
22.5%
Ordinary volume
2025-01-24
2025-04-25
2.4%
Ordinary volume
2025-06-06
2025-09-05
-7.8%
Ordinary volume
2025-09-12
2025-12-12
-31.5%
Ordinary volume
2026-01-09
2026-04-10
15.3%
Ordinary volume
2026-04-24
2026-07-24
33.2%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 8.95
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 price6.63
Earlier activity area5.84 โ 9.16
Recent volume balance-29.0%
Recent weekly volume1.13ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
8.84
3081454
2025-10-24
8.58
2142030
2025-10-31
8.22
1453945
2025-11-07
7.67
1938939
2025-11-14
6.43
3639656
2025-11-21
6.56
2347657
2025-11-28
6.47
1027078
2025-12-05
6.47
1438416
2025-12-12
6.68
1749741
2025-12-19
6.51
3006364
2025-12-26
6.70
935960
2026-01-02
6.32
1368661
2026-01-09
5.94
2360029
2026-01-16
6.16
1896459
2026-01-23
6.44
1202979
2026-01-30
6.18
1531066
2026-02-06
5.90
1808037
2026-02-13
6.10
1834311
2026-02-20
6.14
944416
2026-02-27
6.44
1617649
2026-03-06
7.46
2214997
2026-03-13
7.43
2283751
2026-03-20
6.58
2872350
2026-03-27
6.50
1123273
2026-04-03
6.61
1574116
2026-04-10
6.85
985377
2026-04-17
7.49
1478043
2026-04-24
7.37
1435237
2026-05-01
7.57
1286776
2026-05-08
7.69
963086
2026-05-15
7.69
1978487
2026-05-22
8.28
1763183
2026-05-29
8.40
866443
2026-06-05
8.53
1251447
2026-06-12
8.58
737937
2026-06-19
8.60
1516956
2026-06-26
8.66
2730663
2026-07-03
9.55
1361461
2026-07-10
9.66
1898441
2026-07-17
10.16
3197408
2026-07-24
9.82
2014371
2026-07-31
10.28
2735254
2026-08-07
10.90
2350181
2026-08-14
10.47
2838786
2026-08-21
10.28
2819209
2026-08-28
10.23
2553379
2026-09-04
9.56
2497154
2026-09-11
9.16
1533980
2026-09-18
8.71
2669444
2026-09-25
8.70
1686408
2026-10-02
8.81
2356562
2026-10-09
8.95
1561644
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +11.49% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -2.29% over four weeks. Volume balance is -29.0% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 1.13ร 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 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
14
-0.22
Available
13 weeks
7
7.93
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.
Search markets
Search by ticker symbol or company name and select a result to open its chart.
Markets includedUnited States
Start typing to find a stock or ETF.
Market search
Choose countries
Choose one or more countries for market search, or include every covered market.
Currently searching United States
Sharemaestro
Send a message
Ask about our research, get help with the site, or send a correction.
Cookie preferences
Essential cookies keep Sharemaestro secure and working. Choose whether we may use optional persistent analytics and advertising technologies. Limited cookieless server measurement continues for aggregate traffic and security.