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 lower.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 2026-10-09
Heavy volume, limited progress
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-13.8%-6.5% over thirteen weeks
Latest relative volume3.01ร5.47ร recent four-week median
Closing pressure-47.3%Volume-weighted position within weekly ranges
Up-week volume share17.8%82.2% 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
8.0%
20.5%
16.07ร
2025-10-24
9.2%
19.8%
4.13ร
2025-10-31
21.1%
42.6%
2.88ร
2025-11-07
-28.9%
-3.7%
12.38ร
2025-11-14
-46.9%
-58.4%
15.09ร
2025-11-21
-49.6%
-42.8%
9.04ร
2025-11-28
-45.1%
-34.7%
3.32ร
2025-12-05
-11.0%
-15.1%
2.86ร
2025-12-12
-6.2%
20.5%
1.93ร
2025-12-19
0.4%
10.0%
1.23ร
2025-12-26
-10.4%
-34.3%
0.30ร
2026-01-02
-3.9%
-9.8%
1.16ร
2026-01-09
0.0%
0.0%
1.05ร
2026-01-16
-4.8%
-40.0%
2.25ร
2026-01-23
-6.8%
-44.1%
1.73ร
2026-01-30
-8.5%
-51.1%
0.60ร
2026-02-06
-14.9%
-58.4%
1.20ร
2026-02-13
-23.3%
-73.0%
2.17ร
2026-02-20
-34.9%
-86.9%
4.18ร
2026-02-27
-40.5%
-92.5%
2.94ร
2026-03-06
-35.4%
-70.5%
1.83ร
2026-03-13
-35.9%
-72.3%
1.82ร
2026-03-20
-25.8%
-65.7%
2.66ร
2026-03-27
-5.9%
-31.5%
1.52ร
2026-04-03
-17.3%
-53.6%
0.87ร
2026-04-10
10.2%
-21.5%
0.91ร
2026-04-17
12.5%
16.9%
0.58ร
2026-04-24
-3.2%
-3.1%
0.55ร
2026-05-01
10.0%
24.2%
0.36ร
2026-05-08
-4.6%
21.9%
0.48ร
2026-05-15
-6.4%
3.6%
0.77ร
2026-05-22
-7.3%
0.9%
0.56ร
2026-05-29
-6.6%
7.5%
0.19ร
2026-06-05
-15.3%
-37.3%
0.82ร
2026-06-12
-15.3%
-42.7%
0.38ร
2026-06-19
-12.3%
-46.7%
1.31ร
2026-06-26
0.9%
-54.4%
0.58ร
2026-07-03
11.4%
-42.2%
0.11ร
2026-07-10
7.0%
-38.1%
0.23ร
2026-07-17
8.0%
-24.9%
0.24ร
2026-07-24
-8.8%
-6.0%
0.14ร
2026-07-31
2.6%
-13.8%
0.35ร
2026-08-07
55.1%
88.9%
5.18ร
2026-08-14
81.5%
85.5%
0.54ร
2026-08-21
67.3%
86.5%
0.20ร
2026-08-28
17.5%
30.0%
3.52ร
2026-09-04
-17.5%
-58.7%
1.28ร
2026-09-11
-40.8%
-77.5%
6.95ร
2026-09-18
-37.3%
-70.5%
7.85ร
2026-09-25
-27.0%
-67.3%
5.94ร
2026-10-02
-26.3%
-67.6%
5.00ร
2026-10-09
-13.8%
-47.3%
3.01ร
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: 71% of the way from the weekly low to high.
Volume-weighted return tilt
-1.09 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
4.4 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume4.4 / 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
-2.6%
23
-2.4%
-0.2 points
Advancing weeks
13 weeks
10
-6.5%
13
-10.5%
4.0 points
Declining weeks
4 weeks
28
-1.5%
24
-3.2%
1.7 points
Declining weeks
13 weeks
13
-4.7%
14
-2.5%
-2.1 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
2021-09-10
2021-10-08
1.7%
High volume
2021-11-12
2021-12-10
-2.4%
High volume
2022-02-18
2022-03-18
-9.1%
High volume
2022-05-06
2022-06-03
-2.2%
High volume
2022-08-19
2022-09-16
-0.3%
High volume
2023-06-02
2023-06-30
-5.3%
High volume
2023-06-30
2023-07-28
12.9%
High volume
2023-08-11
2023-09-08
-4.6%
High volume
2024-02-02
2024-03-01
-12.7%
High volume
2024-04-05
2024-05-03
7.9%
High volume
2024-06-28
2024-07-26
-1.0%
High volume
2024-07-26
2024-08-23
-2.6%
High volume
2025-02-21
2025-03-21
1.9%
High volume
2025-03-21
2025-04-18
-4.1%
High volume
2025-05-16
2025-06-13
-2.3%
High volume
2025-06-27
2025-07-25
2.7%
High volume
2025-09-05
2025-10-03
-10.7%
High volume
2025-10-17
2025-11-14
-46.9%
High volume
2025-11-28
2025-12-26
-10.4%
High volume
2026-03-27
2026-04-24
-3.2%
High volume
2026-08-07
2026-09-04
-17.5%
Ordinary volume
2021-05-14
2021-06-11
0.5%
Ordinary volume
2021-06-25
2021-07-23
-2.1%
Ordinary volume
2021-08-06
2021-09-03
-9.3%
Ordinary volume
2021-09-17
2021-10-15
-8.2%
Ordinary volume
2021-11-19
2021-12-17
-0.9%
Ordinary volume
2021-12-17
2022-01-14
-3.6%
Ordinary volume
2022-06-03
2022-07-01
-9.4%
Ordinary volume
2022-08-05
2022-09-02
-1.4%
Ordinary volume
2022-11-18
2022-12-16
-3.5%
Ordinary volume
2023-01-20
2023-02-17
0.0%
Ordinary volume
2023-02-17
2023-03-17
1.7%
Ordinary volume
2023-03-17
2023-04-14
0.0%
Ordinary volume
2023-08-04
2023-09-01
-3.6%
Ordinary volume
2023-12-15
2024-01-12
11.8%
Ordinary volume
2024-03-01
2024-03-29
-1.7%
Ordinary volume
2024-06-21
2024-07-19
-0.3%
Ordinary volume
2024-08-02
2024-08-30
-8.8%
Ordinary volume
2024-09-27
2024-10-25
-7.7%
Ordinary volume
2024-11-08
2024-12-06
4.4%
Ordinary volume
2024-12-20
2025-01-17
-2.4%
Ordinary volume
2025-04-25
2025-05-23
-5.8%
Ordinary volume
2025-12-19
2026-01-16
-4.8%
Ordinary volume
2026-04-10
2026-05-08
-4.6%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-09-10
2021-12-10
0.5%
High volume
2022-02-18
2022-05-20
3.9%
High volume
2022-05-27
2022-08-26
-12.1%
High volume
2023-06-02
2023-09-01
6.3%
High volume
2024-02-02
2024-05-03
-6.8%
High volume
2024-06-28
2024-09-27
-3.9%
High volume
2025-02-21
2025-05-23
-6.1%
High volume
2025-05-30
2025-08-29
-9.4%
High volume
2025-09-05
2025-12-05
-44.9%
High volume
2026-03-27
2026-06-26
-10.2%
Ordinary volume
2021-05-14
2021-08-13
-1.7%
Ordinary volume
2021-08-27
2021-11-26
2.7%
Ordinary volume
2021-12-10
2022-03-11
-14.3%
Ordinary volume
2022-06-03
2022-09-02
-12.4%
Ordinary volume
2022-11-18
2023-02-17
9.4%
Ordinary volume
2023-02-17
2023-05-19
-12.4%
Ordinary volume
2023-08-04
2023-11-03
-11.9%
Ordinary volume
2023-12-15
2024-03-15
1.7%
Ordinary volume
2024-06-21
2024-09-20
-10.5%
Ordinary volume
2024-09-27
2024-12-27
0.0%
Ordinary volume
2025-04-25
2025-07-25
2.3%
Ordinary volume
2025-12-19
2026-03-20
-55.6%
Ordinary volume
2026-04-10
2026-07-10
-17.7%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-08-13
2021-09-10
-1.7%
High volume
2021-10-15
2021-11-12
6.9%
High volume
2022-02-11
2022-03-11
-6.9%
High volume
2022-05-13
2022-06-10
-1.3%
High volume
2022-07-01
2022-07-29
-12.3%
High volume
2022-09-09
2022-10-07
-8.6%
High volume
2023-03-03
2023-03-31
-0.6%
High volume
2023-04-21
2023-05-19
-6.2%
High volume
2023-06-09
2023-07-07
-1.1%
High volume
2023-07-07
2023-08-04
20.9%
High volume
2024-02-09
2024-03-08
-1.0%
High volume
2024-03-15
2024-04-12
2.7%
High volume
2024-06-07
2024-07-05
1.3%
High volume
2024-07-19
2024-08-16
-2.0%
High volume
2024-10-04
2024-11-01
-7.7%
High volume
2024-11-22
2024-12-20
11.5%
High volume
2025-01-17
2025-02-14
-10.3%
High volume
2025-02-14
2025-03-14
-3.5%
High volume
2025-03-14
2025-04-11
-1.2%
High volume
2025-06-20
2025-07-18
22.1%
High volume
2025-08-29
2025-09-26
-0.1%
High volume
2025-10-03
2025-10-31
21.1%
High volume
2025-11-07
2025-12-05
-11.0%
High volume
2025-12-05
2026-01-02
-3.9%
High volume
2026-01-16
2026-02-13
-23.3%
High volume
2026-02-13
2026-03-13
-35.9%
High volume
2026-03-13
2026-04-10
10.2%
High volume
2026-08-28
2026-09-25
-27.0%
Ordinary volume
2021-04-30
2021-05-28
5.0%
Ordinary volume
2021-06-11
2021-07-09
3.1%
Ordinary volume
2021-09-03
2021-10-01
5.3%
Ordinary volume
2021-10-01
2021-10-29
-11.2%
Ordinary volume
2022-01-21
2022-02-18
-3.0%
Ordinary volume
2022-06-10
2022-07-08
-12.4%
Ordinary volume
2022-08-12
2022-09-09
2.9%
Ordinary volume
2022-11-04
2022-12-02
-1.6%
Ordinary volume
2023-03-31
2023-04-28
-10.4%
Ordinary volume
2023-06-23
2023-07-21
17.5%
Ordinary volume
2023-07-21
2023-08-18
0.0%
Ordinary volume
2023-08-18
2023-09-15
-4.6%
Ordinary volume
2023-10-27
2023-11-24
-3.3%
Ordinary volume
2024-07-05
2024-08-02
3.9%
Ordinary volume
2024-08-09
2024-09-06
-7.4%
Ordinary volume
2024-09-13
2024-10-11
1.8%
Ordinary volume
2024-10-25
2024-11-22
-5.5%
Ordinary volume
2024-12-13
2025-01-10
5.0%
Ordinary volume
2025-01-24
2025-02-21
-6.5%
Ordinary volume
2025-08-22
2025-09-19
-12.4%
Ordinary volume
2026-01-02
2026-01-30
-8.5%
Ordinary volume
2026-02-06
2026-03-06
-35.4%
Ordinary volume
2026-04-03
2026-05-01
10.0%
Ordinary volume
2026-05-15
2026-06-12
-15.3%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-08-13
2021-11-12
1.2%
High volume
2022-02-11
2022-05-13
6.4%
High volume
2022-05-13
2022-08-12
-14.8%
High volume
2022-09-09
2022-12-09
-12.3%
High volume
2023-03-03
2023-06-02
-12.6%
High volume
2023-06-09
2023-09-08
17.9%
High volume
2024-02-09
2024-05-10
4.0%
High volume
2024-06-07
2024-09-06
-4.7%
High volume
2024-10-04
2025-01-03
2.8%
High volume
2025-01-17
2025-04-18
-9.9%
High volume
2025-06-20
2025-09-19
5.0%
High volume
2025-09-19
2025-12-19
-44.0%
High volume
2026-01-16
2026-04-17
-47.5%
Ordinary volume
2021-04-30
2021-07-30
2.4%
Ordinary volume
2021-09-03
2021-12-03
0.8%
Ordinary volume
2022-01-21
2022-04-22
2.3%
Ordinary volume
2022-06-10
2022-09-09
-11.2%
Ordinary volume
2022-11-04
2023-02-03
11.3%
Ordinary volume
2023-03-31
2023-06-30
-16.8%
Ordinary volume
2023-07-21
2023-10-20
-5.8%
Ordinary volume
2023-10-27
2024-01-26
4.7%
Ordinary volume
2024-07-05
2024-10-04
-5.9%
Ordinary volume
2024-10-25
2025-01-24
1.5%
Ordinary volume
2025-01-24
2025-04-25
-6.8%
Ordinary volume
2025-08-22
2025-11-21
-51.1%
Ordinary volume
2026-01-02
2026-04-03
-55.7%
Ordinary volume
2026-04-03
2026-07-03
6.4%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 0.50
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 price0.5619
Earlier activity area0.49 โ 1.27
Recent volume balance-47.3%
Recent weekly volume3.95ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
2.43
5038849
2025-10-24
2.49
1327339
2025-10-31
2.53
975150
2025-11-07
1.45
4907103
2025-11-14
1.29
6855818
2025-11-21
1.26
4105387
2025-11-28
1.39
1592701
2025-12-05
1.29
1388508
2025-12-12
1.21
1027314
2025-12-19
1.26
752883
2025-12-26
1.24
210991
2026-01-02
1.24
671386
2026-01-09
1.21
617767
2026-01-16
1.20
1447637
2026-01-23
1.16
1232331
2026-01-30
1.14
502138
2026-02-06
1.03
1008502
2026-02-13
0.92
2067486
2026-02-20
0.755
4142020
2026-02-27
0.675
2995311
2026-03-06
0.665
2071609
2026-03-13
0.59
2329628
2026-03-20
0.56
3583405
2026-03-27
0.635
2096334
2026-04-03
0.55
1236216
2026-04-10
0.65
1294465
2026-04-17
0.63
822016
2026-04-24
0.615
749797
2026-05-01
0.605
482197
2026-05-08
0.62
646270
2026-05-15
0.59
979748
2026-05-22
0.57
686810
2026-05-29
0.565
217736
2026-06-05
0.525
838503
2026-06-12
0.50
380236
2026-06-19
0.50
1192767
2026-06-26
0.57
580966
2026-07-03
0.585
111861
2026-07-10
0.535
229592
2026-07-17
0.54
237951
2026-07-24
0.52
131302
2026-07-31
0.60
286760
2026-08-07
0.83
4302792
2026-08-14
0.98
445063
2026-08-21
0.8697
160269
2026-08-28
0.705
2530090
2026-09-04
0.685
919543
2026-09-11
0.58
4989697
2026-09-18
0.545
5639798
2026-09-25
0.515
4265624
2026-10-02
0.505
3594636
2026-10-09
0.50
2159497
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -50.22% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -13.79% over four weeks. Volume balance is -47.3% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 3.95ร 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
18
-3.29
Available
13 weeks
10
-5.6
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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