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-42.9%-45.8% over thirteen weeks
Latest relative volume3.10ร4.35ร recent four-week median
Closing pressure-24.0%Volume-weighted position within weekly ranges
Up-week volume share7.8%92.2% in declining weeks ยท last 13 weeks
At least twice normal volume
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
1.7%
15.5%
1.04ร
2025-10-24
13.2%
11.6%
1.19ร
2025-10-31
-9.1%
-29.7%
0.25ร
2025-11-07
-8.2%
-39.4%
0.29ร
2025-11-14
-11.9%
-58.6%
0.42ร
2025-11-21
-13.3%
-39.9%
1.05ร
2025-11-28
-16.7%
-22.0%
1.67ร
2025-12-05
-16.1%
-13.8%
0.45ร
2025-12-12
-9.6%
19.7%
1.53ร
2025-12-19
-9.6%
26.2%
0.51ร
2025-12-26
-4.0%
45.0%
0.06ร
2026-01-02
-10.6%
50.1%
0.13ร
2026-01-09
-27.7%
14.7%
2.20ร
2026-01-16
-19.2%
25.2%
2.22ร
2026-01-23
-12.5%
11.1%
1.83ร
2026-01-30
14.3%
25.1%
1.02ร
2026-02-06
29.4%
20.3%
0.57ร
2026-02-13
2.6%
-5.9%
0.69ร
2026-02-20
-9.5%
-15.7%
1.08ร
2026-02-27
-25.0%
-65.7%
2.00ร
2026-03-06
-6.8%
-60.3%
0.39ร
2026-03-13
-7.7%
-55.5%
0.24ร
2026-03-20
-7.9%
-56.9%
0.36ร
2026-03-27
0.0%
-18.1%
0.52ร
2026-04-03
-9.8%
-27.3%
0.32ร
2026-04-10
4.4%
-15.3%
0.22ร
2026-04-17
1.7%
-10.5%
0.21ร
2026-04-24
-3.3%
-10.7%
1.12ร
2026-05-01
-8.1%
-28.1%
1.36ร
2026-05-08
-19.2%
-48.8%
5.54ร
2026-05-15
-22.5%
-51.7%
0.86ร
2026-05-22
-36.8%
-62.7%
1.07ร
2026-05-29
-32.9%
-64.4%
1.58ร
2026-06-05
-26.3%
-70.7%
0.84ร
2026-06-12
-14.5%
-67.9%
0.00ร
2026-06-19
12.7%
-56.8%
0.21ร
2026-06-26
22.8%
-41.9%
0.28ร
2026-07-03
12.5%
17.5%
0.01ร
2026-07-10
0.0%
17.5%
0.00ร
2026-07-17
-11.3%
99.9%
0.01ร
2026-07-24
-17.1%
99.9%
0.22ร
2026-07-31
-14.3%
77.1%
0.03ร
2026-08-07
3.4%
90.1%
0.40ร
2026-08-14
9.1%
90.5%
0.06ร
2026-08-21
5.2%
85.9%
0.02ร
2026-08-28
11.1%
94.0%
0.03ร
2026-09-04
-6.6%
-10.7%
0.15ร
2026-09-11
-6.7%
-94.5%
1.29ร
2026-09-18
-18.0%
-100.0%
3.01ร
2026-09-25
-36.7%
-71.1%
5.61ร
2026-10-02
-35.1%
-31.7%
7.96ร
2026-10-09
-42.9%
-24.0%
3.10ร
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: 44% of the way from the weekly low to high.
Volume-weighted return tilt
-5.11 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
1.9 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume1.9 / 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
21
5.3%
15
-11.4%
16.7 points
Advancing weeks
13 weeks
11
-6.3%
10
-20.9%
14.5 points
Declining weeks
4 weeks
31
-4.0%
23
-8.5%
4.5 points
Declining weeks
13 weeks
16
-16.1%
12
-29.3%
13.1 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
2021-05-07
2021-06-04
-43.7%
High volume
2021-07-02
2021-07-30
-14.8%
High volume
2022-03-18
2022-04-15
-4.6%
High volume
2022-05-06
2022-06-03
16.5%
High volume
2022-12-23
2023-01-20
17.1%
High volume
2023-01-20
2023-02-17
-2.1%
High volume
2023-05-05
2023-06-02
-10.9%
High volume
2023-10-27
2023-11-24
-21.9%
High volume
2023-12-15
2024-01-12
19.1%
High volume
2024-03-01
2024-03-29
5.3%
High volume
2024-05-17
2024-06-14
0.0%
High volume
2024-12-20
2025-01-17
18.2%
High volume
2025-01-24
2025-02-21
-23.5%
High volume
2025-03-14
2025-04-11
63.6%
High volume
2025-04-11
2025-05-09
11.1%
High volume
2025-05-23
2025-06-20
10.3%
High volume
2025-08-08
2025-09-05
31.8%
High volume
2025-09-05
2025-10-03
13.8%
High volume
2025-10-03
2025-10-31
-9.1%
High volume
2026-01-16
2026-02-13
2.6%
High volume
2026-05-29
2026-06-26
22.8%
Ordinary volume
2021-09-03
2021-10-01
-7.5%
Ordinary volume
2021-10-22
2021-11-19
-7.6%
Ordinary volume
2022-01-07
2022-02-04
-3.1%
Ordinary volume
2022-02-04
2022-03-04
-15.1%
Ordinary volume
2022-08-26
2022-09-23
-18.9%
Ordinary volume
2022-11-11
2022-12-09
-11.4%
Ordinary volume
2023-06-02
2023-06-30
-9.7%
Ordinary volume
2024-01-12
2024-02-09
-22.0%
Ordinary volume
2024-05-24
2024-06-21
-19.4%
Ordinary volume
2024-09-06
2024-10-04
0.0%
Ordinary volume
2024-11-08
2024-12-06
-35.3%
Ordinary volume
2025-05-09
2025-06-06
5.0%
Ordinary volume
2025-08-29
2025-09-26
6.0%
Ordinary volume
2025-10-24
2025-11-21
-13.3%
Ordinary volume
2026-01-30
2026-02-27
-25.0%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-07
2021-08-06
-58.5%
High volume
2022-03-18
2022-06-17
-8.3%
High volume
2022-12-23
2023-03-24
33.7%
High volume
2023-05-05
2023-08-04
-28.9%
High volume
2023-10-27
2024-01-26
-35.9%
High volume
2024-03-01
2024-05-31
-13.2%
High volume
2024-12-20
2025-03-21
136.4%
High volume
2025-03-21
2025-06-20
65.4%
High volume
2025-08-08
2025-11-07
27.3%
High volume
2026-01-16
2026-04-17
-6.3%
High volume
2026-05-29
2026-08-28
5.3%
Ordinary volume
2021-09-03
2021-12-03
-15.0%
Ordinary volume
2022-01-07
2022-04-08
45.3%
Ordinary volume
2022-08-26
2022-11-25
-26.7%
Ordinary volume
2023-06-02
2023-09-01
-35.1%
Ordinary volume
2024-01-12
2024-04-12
-14.0%
Ordinary volume
2024-05-24
2024-08-23
-38.9%
Ordinary volume
2024-09-06
2024-12-06
-45.0%
Ordinary volume
2025-05-09
2025-08-08
10.0%
Ordinary volume
2025-08-29
2025-11-28
0.0%
Ordinary volume
2026-01-30
2026-05-01
-29.2%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-21
2021-06-18
-25.6%
High volume
2021-07-16
2021-08-13
-12.5%
High volume
2021-08-27
2021-09-24
2.1%
High volume
2021-12-17
2022-01-14
-10.0%
High volume
2022-01-21
2022-02-18
-5.8%
High volume
2022-04-01
2022-04-29
-23.1%
High volume
2022-05-20
2022-06-17
-16.7%
High volume
2022-06-24
2022-07-22
-6.9%
High volume
2022-07-22
2022-08-19
-13.4%
High volume
2022-09-30
2022-10-28
16.4%
High volume
2022-11-04
2022-12-02
0.0%
High volume
2022-12-09
2023-01-06
-15.7%
High volume
2023-03-10
2023-04-07
-1.5%
High volume
2023-07-07
2023-08-04
5.8%
High volume
2023-11-24
2023-12-22
-24.0%
High volume
2023-12-22
2024-01-19
15.8%
High volume
2024-02-16
2024-03-15
2.6%
High volume
2024-04-26
2024-05-24
56.5%
High volume
2024-06-07
2024-07-05
-25.0%
High volume
2024-07-05
2024-08-02
-8.3%
High volume
2024-08-30
2024-09-27
5.3%
High volume
2024-11-01
2024-11-29
-18.8%
High volume
2024-12-06
2025-01-03
0.0%
High volume
2025-01-17
2025-02-14
23.1%
High volume
2025-04-04
2025-05-02
31.0%
High volume
2025-05-02
2025-05-30
5.3%
High volume
2025-10-10
2025-11-07
-8.2%
High volume
2025-11-28
2025-12-26
-4.0%
High volume
2026-01-09
2026-02-06
29.4%
High volume
2026-02-27
2026-03-27
0.0%
High volume
2026-05-08
2026-06-05
-26.3%
Ordinary volume
2021-04-23
2021-05-21
3.8%
Ordinary volume
2021-06-25
2021-07-23
-10.0%
Ordinary volume
2021-07-23
2021-08-20
-8.5%
Ordinary volume
2021-09-24
2021-10-22
10.0%
Ordinary volume
2022-04-08
2022-05-06
-6.9%
Ordinary volume
2022-06-10
2022-07-08
-20.0%
Ordinary volume
2022-08-05
2022-09-02
-12.8%
Ordinary volume
2022-09-02
2022-09-30
-28.4%
Ordinary volume
2022-11-18
2022-12-16
-27.3%
Ordinary volume
2023-05-19
2023-06-16
-0.9%
Ordinary volume
2023-06-23
2023-07-21
-21.2%
Ordinary volume
2023-07-21
2023-08-18
-2.4%
Ordinary volume
2023-09-01
2023-09-29
4.1%
Ordinary volume
2023-10-06
2023-11-03
4.2%
Ordinary volume
2023-11-10
2023-12-08
-32.8%
Ordinary volume
2024-01-19
2024-02-16
-13.6%
Ordinary volume
2024-05-31
2024-06-28
-15.2%
Ordinary volume
2024-07-12
2024-08-09
0.0%
Ordinary volume
2025-08-01
2025-08-29
35.1%
Ordinary volume
2025-10-17
2025-11-14
-11.9%
Ordinary volume
2026-02-20
2026-03-20
-7.9%
Ordinary volume
2026-04-24
2026-05-22
-36.8%
Ordinary volume
2026-05-22
2026-06-19
12.7%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-21
2021-08-20
-41.7%
High volume
2021-08-27
2021-11-26
1.7%
High volume
2021-12-17
2022-03-18
21.4%
High volume
2022-04-01
2022-07-01
-38.5%
High volume
2022-07-01
2022-09-30
-38.4%
High volume
2022-09-30
2022-12-30
-16.0%
High volume
2023-03-10
2023-06-09
4.2%
High volume
2023-07-07
2023-10-06
-16.3%
High volume
2023-11-24
2024-02-23
-28.0%
High volume
2024-02-23
2024-05-24
0.0%
High volume
2024-06-07
2024-09-06
-37.5%
High volume
2024-11-01
2025-01-31
-6.3%
High volume
2025-04-04
2025-07-04
41.4%
High volume
2025-10-10
2026-01-09
-44.3%
High volume
2026-01-09
2026-04-10
10.6%
High volume
2026-05-08
2026-08-07
-19.7%
Ordinary volume
2021-04-23
2021-07-23
-33.9%
Ordinary volume
2021-07-23
2021-10-22
-13.7%
Ordinary volume
2022-04-08
2022-07-08
-35.2%
Ordinary volume
2022-08-05
2022-11-04
-31.3%
Ordinary volume
2022-11-18
2023-02-17
-14.6%
Ordinary volume
2023-05-19
2023-08-18
-27.3%
Ordinary volume
2023-09-01
2023-12-01
-39.2%
Ordinary volume
2024-01-19
2024-04-19
-13.6%
Ordinary volume
2024-05-31
2024-08-30
-42.4%
Ordinary volume
2025-08-01
2025-10-31
62.2%
Ordinary volume
2026-02-20
2026-05-22
-42.1%
Ordinary volume
2026-05-22
2026-08-21
10.9%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 0.0064
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 price0.0199
Earlier activity area0.0137 โ 0.0247
Recent volume balance-24.0%
Recent weekly volume1.64ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
0.0295
13353269
2025-10-24
0.03
16060219
2025-10-31
0.03
3352235
2025-11-07
0.028
3749181
2025-11-14
0.026
5278141
2025-11-21
0.026
12019233
2025-11-28
0.025
18015397
2025-12-05
0.0235
4896858
2025-12-12
0.0235
16492643
2025-12-19
0.0235
5456475
2025-12-26
0.024
617729
2026-01-02
0.021
1393599
2026-01-09
0.017
19616847
2026-01-16
0.019
23937180
2026-01-23
0.021
23178417
2026-01-30
0.024
14830937
2026-02-06
0.022
8762268
2026-02-13
0.0195
9687323
2026-02-20
0.019
15233277
2026-02-27
0.018
28199265
2026-03-06
0.0205
5828100
2026-03-13
0.018
3330923
2026-03-20
0.0175
4570335
2026-03-27
0.018
5693523
2026-04-03
0.0185
3523487
2026-04-10
0.0188
2051606
2026-04-17
0.0178
1559146
2026-04-24
0.0174
6453300
2026-05-01
0.017
7825473
2026-05-08
0.0152
33993328
2026-05-15
0.0138
6164509
2026-05-22
0.011
7614438
2026-05-29
0.0114
11132242
2026-06-05
0.0112
5934202
2026-06-12
0.0118
4000
2026-06-19
0.0124
1303363
2026-06-26
0.014
1770376
2026-07-03
0.0126
87306
2026-07-10
0.0118
1100
2026-07-17
0.011
85409
2026-07-24
0.0116
1313946
2026-07-31
0.0108
180299
2026-08-07
0.0122
2070057
2026-08-14
0.012
235285
2026-08-21
0.0122
80470
2026-08-28
0.012
73976
2026-09-04
0.0114
317702
2026-09-11
0.0112
2459960
2026-09-18
0.01
5748838
2026-09-25
0.0076
10715219
2026-10-02
0.0074
15216411
2026-10-09
0.0064
5929320
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -59.84% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -42.86% over four weeks. Volume balance is -24.0% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 1.64ร 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
19
-3.23
Available
13 weeks
10
-15.78
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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