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 mixed; 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 move-0.6%15.5% over thirteen weeks
Latest relative volume0.37ร0.38ร recent four-week median
Closing pressure2.0%Volume-weighted position within weekly ranges
Up-week volume share68.9%31.1% 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
-4.0%
-19.5%
1.19ร
2025-10-24
-7.2%
-36.0%
0.64ร
2025-10-31
-14.9%
-58.7%
0.93ร
2025-11-07
-22.8%
-50.1%
1.64ร
2025-11-14
-24.2%
-47.9%
2.76ร
2025-11-21
-23.3%
-46.5%
0.37ร
2025-11-28
-17.5%
-33.2%
0.71ร
2025-12-05
-23.1%
-61.5%
5.74ร
2025-12-12
-6.6%
-44.7%
2.66ร
2025-12-19
-17.3%
-58.3%
4.37ร
2025-12-26
-5.6%
-32.1%
2.54ร
2026-01-02
15.3%
7.7%
1.00ร
2026-01-09
0.0%
-4.7%
1.66ร
2026-01-16
-11.7%
3.5%
2.13ร
2026-01-23
-12.9%
16.3%
5.35ร
2026-01-30
-19.6%
3.0%
0.58ร
2026-02-06
-18.8%
18.0%
4.47ร
2026-02-13
5.5%
27.7%
1.88ร
2026-02-20
-11.9%
-7.5%
1.39ร
2026-02-27
-2.6%
13.6%
1.71ร
2026-03-06
-9.2%
-0.3%
0.45ร
2026-03-13
-8.4%
16.9%
0.33ร
2026-03-20
1.1%
58.3%
0.46ร
2026-03-27
-11.3%
27.9%
0.47ร
2026-04-03
-4.5%
48.7%
0.62ร
2026-04-10
-2.9%
44.5%
1.37ร
2026-04-17
8.3%
31.8%
2.19ร
2026-04-24
16.7%
33.0%
0.36ร
2026-05-01
18.3%
49.7%
1.86ร
2026-05-08
17.1%
11.6%
2.00ร
2026-05-15
-2.1%
-30.6%
2.31ร
2026-05-22
10.6%
-18.5%
0.72ร
2026-05-29
9.3%
-51.4%
2.95ร
2026-06-05
0.0%
-46.6%
1.02ร
2026-06-12
9.2%
-17.5%
0.94ร
2026-06-19
-0.5%
-39.5%
1.22ร
2026-06-26
0.7%
-19.4%
1.02ร
2026-07-03
28.6%
-8.8%
1.05ร
2026-07-10
20.9%
-31.7%
1.43ร
2026-07-17
30.7%
-3.2%
0.89ร
2026-07-24
15.9%
-10.3%
0.68ร
2026-07-31
3.5%
-12.3%
0.47ร
2026-08-07
24.6%
40.0%
1.23ร
2026-08-14
5.1%
11.8%
0.75ร
2026-08-21
15.3%
-30.2%
3.31ร
2026-08-28
11.7%
-29.8%
0.36ร
2026-09-04
-6.7%
-62.7%
0.59ร
2026-09-11
0.6%
-56.2%
0.42ร
2026-09-18
-0.3%
-23.7%
0.50ร
2026-09-25
-1.7%
-24.1%
0.39ร
2026-10-02
0.7%
2.9%
0.38ร
2026-10-09
-0.6%
2.0%
0.37ร
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
16% 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: 52% of the way from the weekly low to high.
Volume-weighted return tilt
1.19 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
32.8 / 100
Price direction15.0 / 30
Closing pressure0.6 / 30
Up-week volume17.2 / 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
30
-1.3%
19
-8.0%
6.7 points
Advancing weeks
13 weeks
14
-6.1%
12
-12.0%
5.9 points
Declining weeks
4 weeks
36
0.1%
15
0.5%
-0.4 points
Declining weeks
13 weeks
18
-3.2%
11
1.0%
-4.1 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
2021-07-09
2021-08-06
-2.1%
High volume
2021-08-06
2021-09-03
8.2%
High volume
2021-09-03
2021-10-01
2.2%
High volume
2022-03-18
2022-04-15
-14.5%
High volume
2022-04-22
2022-05-20
-9.1%
High volume
2022-07-08
2022-08-05
-2.3%
High volume
2022-10-21
2022-11-18
3.7%
High volume
2022-12-09
2023-01-06
10.0%
High volume
2023-03-03
2023-03-31
-3.4%
High volume
2023-07-21
2023-08-18
3.3%
High volume
2023-10-06
2023-11-03
-2.3%
High volume
2023-11-10
2023-12-08
11.0%
High volume
2023-12-08
2024-01-05
11.2%
High volume
2024-04-26
2024-05-24
-0.6%
High volume
2024-06-07
2024-07-05
-11.9%
High volume
2024-07-26
2024-08-23
-4.6%
High volume
2024-09-13
2024-10-11
8.0%
High volume
2024-10-25
2024-11-22
0.7%
High volume
2024-11-22
2024-12-20
10.1%
High volume
2025-02-21
2025-03-21
-9.6%
High volume
2025-05-02
2025-05-30
-3.0%
High volume
2025-07-11
2025-08-08
1.9%
High volume
2025-08-08
2025-09-05
-4.9%
High volume
2025-09-05
2025-10-03
-3.5%
High volume
2025-12-12
2026-01-09
0.0%
High volume
2026-01-09
2026-02-06
-18.8%
High volume
2026-02-06
2026-03-06
-9.2%
High volume
2026-04-17
2026-05-15
-2.1%
High volume
2026-05-29
2026-06-26
0.7%
High volume
2026-08-21
2026-09-18
-0.3%
Ordinary volume
2021-09-24
2021-10-22
-11.7%
Ordinary volume
2021-12-10
2022-01-07
-8.0%
Ordinary volume
2022-02-11
2022-03-11
-0.5%
Ordinary volume
2022-04-29
2022-05-27
-12.0%
Ordinary volume
2022-08-12
2022-09-09
-8.0%
Ordinary volume
2022-09-30
2022-10-28
-4.3%
Ordinary volume
2022-12-30
2023-01-27
-6.1%
Ordinary volume
2023-09-08
2023-10-06
1.9%
Ordinary volume
2023-11-17
2023-12-15
14.5%
Ordinary volume
2023-12-29
2024-01-26
-4.2%
Ordinary volume
2024-04-12
2024-05-10
-9.1%
Ordinary volume
2024-05-31
2024-06-28
-9.5%
Ordinary volume
2024-11-15
2024-12-13
13.6%
Ordinary volume
2025-03-28
2025-04-25
-15.0%
Ordinary volume
2025-08-22
2025-09-19
-8.4%
Ordinary volume
2025-10-03
2025-10-31
-14.9%
Ordinary volume
2026-01-02
2026-01-30
-19.6%
Ordinary volume
2026-06-12
2026-07-10
20.9%
Ordinary volume
2026-07-17
2026-08-14
5.1%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-09
2021-10-08
9.1%
High volume
2022-03-18
2022-06-17
-13.3%
High volume
2022-07-08
2022-10-07
-23.1%
High volume
2022-10-21
2023-01-20
7.1%
High volume
2023-03-03
2023-06-02
-21.6%
High volume
2023-07-21
2023-10-20
4.0%
High volume
2023-11-10
2024-02-09
8.5%
High volume
2024-04-26
2024-07-26
-15.1%
High volume
2024-07-26
2024-10-25
-5.0%
High volume
2024-10-25
2025-01-24
6.2%
High volume
2025-02-21
2025-05-23
-23.2%
High volume
2025-07-11
2025-10-10
-7.2%
High volume
2025-12-12
2026-03-13
-27.1%
High volume
2026-04-17
2026-07-17
42.1%
Ordinary volume
2021-09-24
2021-12-24
-25.9%
Ordinary volume
2022-02-11
2022-05-13
-6.5%
Ordinary volume
2022-08-12
2022-11-11
-21.0%
Ordinary volume
2022-12-30
2023-03-31
-1.3%
Ordinary volume
2023-09-08
2023-12-08
13.9%
Ordinary volume
2023-12-29
2024-03-29
-1.7%
Ordinary volume
2024-04-12
2024-07-12
-17.6%
Ordinary volume
2024-11-15
2025-02-14
7.2%
Ordinary volume
2025-03-28
2025-06-27
-18.3%
Ordinary volume
2025-08-22
2025-11-21
-35.7%
Ordinary volume
2026-01-02
2026-04-03
-28.8%
Ordinary volume
2026-06-12
2026-09-11
40.4%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-30
2021-08-27
1.4%
High volume
2021-09-17
2021-10-15
-5.0%
High volume
2021-10-15
2021-11-12
7.7%
High volume
2021-12-03
2021-12-31
-6.6%
High volume
2022-01-21
2022-02-18
1.0%
High volume
2022-03-25
2022-04-22
14.8%
High volume
2022-05-06
2022-06-03
-6.7%
High volume
2022-08-05
2022-09-02
-0.3%
High volume
2022-09-02
2022-09-30
-16.7%
High volume
2022-10-07
2022-11-04
3.6%
High volume
2022-12-02
2022-12-30
14.5%
High volume
2023-01-27
2023-02-24
4.7%
High volume
2023-03-10
2023-04-07
0.2%
High volume
2023-04-14
2023-05-12
-4.6%
High volume
2023-06-30
2023-07-28
27.8%
High volume
2023-08-04
2023-09-01
-13.5%
High volume
2023-09-29
2023-10-27
-0.9%
High volume
2023-11-24
2023-12-22
11.4%
High volume
2024-01-19
2024-02-16
9.1%
High volume
2024-04-19
2024-05-17
5.9%
High volume
2024-06-21
2024-07-19
-11.3%
High volume
2024-07-19
2024-08-16
-4.7%
High volume
2024-09-27
2024-10-25
-12.0%
High volume
2024-11-08
2024-12-06
16.7%
High volume
2025-01-17
2025-02-14
-2.0%
High volume
2025-03-14
2025-04-11
-13.3%
High volume
2025-04-11
2025-05-09
6.3%
High volume
2025-05-16
2025-06-13
3.9%
High volume
2025-07-18
2025-08-15
7.4%
High volume
2025-08-15
2025-09-12
-4.0%
High volume
2025-09-19
2025-10-17
-4.0%
High volume
2025-11-07
2025-12-05
-23.1%
High volume
2025-12-05
2026-01-02
15.3%
High volume
2026-01-16
2026-02-13
5.5%
High volume
2026-02-13
2026-03-13
-8.4%
High volume
2026-05-08
2026-06-05
0.0%
Ordinary volume
2021-11-19
2021-12-17
-14.4%
Ordinary volume
2021-12-31
2022-01-28
-12.1%
Ordinary volume
2022-02-25
2022-03-25
-15.0%
Ordinary volume
2022-10-28
2022-11-25
11.4%
Ordinary volume
2023-06-23
2023-07-21
-2.4%
Ordinary volume
2023-10-27
2023-11-24
2.6%
Ordinary volume
2024-02-09
2024-03-08
4.7%
Ordinary volume
2024-05-10
2024-06-07
5.4%
Ordinary volume
2024-11-01
2024-11-29
0.5%
Ordinary volume
2024-11-29
2024-12-27
8.4%
Ordinary volume
2025-04-04
2025-05-02
-5.7%
Ordinary volume
2025-09-12
2025-10-10
-4.2%
Ordinary volume
2025-10-10
2025-11-07
-22.8%
Ordinary volume
2026-06-05
2026-07-03
28.6%
Ordinary volume
2026-08-14
2026-09-11
0.6%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-30
2021-10-29
4.3%
High volume
2021-12-03
2022-03-04
-18.1%
High volume
2022-03-25
2022-06-24
-5.9%
High volume
2022-08-05
2022-11-04
-18.5%
High volume
2022-12-02
2023-03-03
16.9%
High volume
2023-03-10
2023-06-09
-17.4%
High volume
2023-06-30
2023-09-29
5.8%
High volume
2023-09-29
2023-12-29
16.8%
High volume
2024-01-19
2024-04-19
-2.8%
High volume
2024-04-19
2024-07-19
-12.2%
High volume
2024-07-19
2024-10-18
-3.6%
High volume
2024-10-18
2025-01-17
4.6%
High volume
2025-01-17
2025-04-18
-17.5%
High volume
2025-05-16
2025-08-15
4.1%
High volume
2025-08-15
2025-11-14
-31.8%
High volume
2025-11-14
2026-02-13
-25.7%
High volume
2026-02-13
2026-05-15
0.0%
High volume
2026-05-15
2026-08-14
52.4%
Ordinary volume
2021-11-19
2022-02-18
-27.2%
Ordinary volume
2022-02-25
2022-05-27
-13.1%
Ordinary volume
2022-10-28
2023-01-27
5.5%
Ordinary volume
2023-06-23
2023-09-22
1.2%
Ordinary volume
2023-10-27
2024-01-26
12.8%
Ordinary volume
2024-02-09
2024-05-10
1.0%
Ordinary volume
2024-05-10
2024-08-09
-21.0%
Ordinary volume
2024-11-01
2025-01-31
7.8%
Ordinary volume
2025-04-04
2025-07-04
-11.9%
Ordinary volume
2025-09-12
2025-12-12
-33.7%
Ordinary volume
2026-06-05
2026-09-04
47.2%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 2.91
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 price1.95
Earlier activity area1.70 โ 2.60
Recent volume balance2.0%
Recent weekly volume0.39ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
3.39
45281
2025-10-24
3.23
25982
2025-10-31
2.98
35206
2025-11-07
2.68
59423
2025-11-14
2.57
104593
2025-11-21
2.48
13956
2025-11-28
2.46
26794
2025-12-05
2.06
217804
2025-12-12
2.40
108374
2025-12-19
2.05
189190
2025-12-26
2.32
112750
2026-01-02
2.38
52389
2026-01-09
2.40
92845
2026-01-16
1.81
131370
2026-01-23
2.02
330587
2026-01-30
1.91
39009
2026-02-06
1.95
299032
2026-02-13
1.91
126020
2026-02-20
1.78
100191
2026-02-27
1.86
152184
2026-03-06
1.77
42881
2026-03-13
1.75
31288
2026-03-20
1.80
44641
2026-03-27
1.65
36061
2026-04-03
1.69
34906
2026-04-10
1.70
76344
2026-04-17
1.95
148651
2026-04-24
1.93
30358
2026-05-01
2.00
157477
2026-05-08
1.99
193473
2026-05-15
1.91
236752
2026-05-22
2.13
75464
2026-05-29
2.18
307646
2026-06-05
1.99
112262
2026-06-12
2.08
103170
2026-06-19
2.12
131773
2026-06-26
2.20
109980
2026-07-03
2.56
111890
2026-07-10
2.52
158242
2026-07-17
2.77
99534
2026-07-24
2.55
75646
2026-07-31
2.65
50546
2026-08-07
3.14
130868
2026-08-14
2.91
80080
2026-08-21
2.94
336170
2026-08-28
2.96
38141
2026-09-04
2.93
59343
2026-09-11
2.93
42557
2026-09-18
2.93
50205
2026-09-25
2.91
39599
2026-10-02
2.95
38201
2026-10-09
2.91
37759
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +29.10% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -0.57% over four weeks. Volume balance is +2.0% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is below its earlier norm
Recent median weekly volume is 0.39ร 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
4
โ
Too few examples
13 weeks
2
โ
Too few examples
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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