The latest close is below the activity area established before the last four weeks. 3 of those four closes were below that area. Recent volume balance is negative; the estimated activity centre is lower.
52 weeks2025-10-03 to 2026-09-25Weekly volume estimate
The relationship beneath price ยท 2026-09-25
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-21.5%-1.5% over thirteen weeks
Latest relative volume1.48ร1.46ร recent four-week median
Closing pressure-74.7%Volume-weighted position within weekly ranges
Up-week volume share58.6%41.4% 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
2025-10-03
-11.3%
-18.7%
1.12ร
2025-10-10
12.6%
38.6%
1.15ร
2025-10-17
-2.7%
3.8%
0.92ร
2025-10-24
-11.5%
-43.2%
0.88ร
2025-10-31
-10.2%
-27.8%
1.26ร
2025-11-07
-13.7%
-13.5%
1.53ร
2025-11-14
-10.4%
-4.3%
1.14ร
2025-11-21
-5.2%
-3.5%
0.98ร
2025-11-28
3.1%
22.4%
0.74ร
2025-12-05
-0.7%
-15.8%
0.91ร
2025-12-12
-2.4%
-55.5%
2.05ร
2025-12-19
-2.5%
-50.2%
1.44ร
2025-12-26
-6.6%
-52.5%
0.61ร
2026-01-02
0.1%
-37.3%
0.83ร
2026-01-09
-1.7%
1.9%
1.21ร
2026-01-16
3.9%
29.5%
1.43ร
2026-01-23
-2.5%
-2.4%
0.83ร
2026-01-30
-13.1%
-26.1%
1.00ร
2026-02-06
-12.9%
-16.2%
1.39ร
2026-02-13
-28.2%
-50.2%
1.22ร
2026-02-20
-16.5%
-12.0%
1.02ร
2026-02-27
-5.8%
22.7%
1.18ร
2026-03-06
-9.2%
-5.8%
1.40ร
2026-03-13
5.1%
18.6%
1.13ร
2026-03-20
-11.6%
-19.0%
0.97ร
2026-03-27
-4.7%
-17.0%
1.95ร
2026-04-03
5.7%
8.7%
0.89ร
2026-04-10
-1.0%
-14.3%
1.19ร
2026-04-17
17.8%
17.5%
0.87ร
2026-04-24
-0.4%
-15.3%
1.01ร
2026-05-01
-5.0%
-26.7%
0.95ร
2026-05-08
-8.9%
-22.2%
1.22ร
2026-05-15
-22.7%
-62.5%
1.31ร
2026-05-22
-20.3%
-40.5%
1.47ร
2026-05-29
-11.8%
-21.6%
0.93ร
2026-06-05
-10.1%
-18.1%
0.93ร
2026-06-12
-9.3%
-2.5%
1.86ร
2026-06-19
-12.2%
-18.0%
1.10ร
2026-06-26
-17.7%
-17.1%
1.73ร
2026-07-03
1.0%
7.3%
1.04ร
2026-07-10
8.1%
16.6%
0.92ร
2026-07-17
14.9%
28.5%
1.01ร
2026-07-24
12.5%
9.4%
1.07ร
2026-07-31
8.4%
-5.6%
0.89ร
2026-08-07
12.7%
-4.3%
0.85ร
2026-08-14
7.1%
-13.9%
0.75ร
2026-08-21
15.2%
9.9%
0.73ร
2026-08-28
2.9%
-5.0%
0.84ร
2026-09-04
0.6%
-16.2%
1.01ร
2026-09-11
-8.8%
-29.1%
1.48ร
2026-09-18
-14.2%
-63.2%
1.47ร
2026-09-25
-21.5%
-74.7%
1.48ร
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
81% 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: 4% of the way from the weekly low to high.
Volume-weighted return tilt
-0.89 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
14.6 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume14.6 / 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
19
-0.4%
41
-3.2%
2.8 points
Advancing weeks
13 weeks
12
-8.6%
18
-12.9%
4.3 points
Declining weeks
4 weeks
22
-2.5%
40
-0.3%
-2.2 points
Declining weeks
13 weeks
15
0.3%
19
-6.1%
6.4 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
2021-10-29
2021-11-26
-8.5%
High volume
2021-12-17
2022-01-14
-18.1%
High volume
2022-01-28
2022-02-25
-4.1%
High volume
2022-06-03
2022-07-01
29.1%
High volume
2023-01-27
2023-02-24
-13.8%
High volume
2023-06-02
2023-06-30
11.2%
High volume
2023-09-29
2023-10-27
-1.3%
High volume
2023-10-27
2023-11-24
12.6%
High volume
2023-12-08
2024-01-05
5.6%
High volume
2024-04-12
2024-05-10
-12.5%
High volume
2024-05-31
2024-06-28
28.4%
High volume
2024-06-28
2024-07-26
-8.1%
High volume
2024-08-30
2024-09-27
4.9%
High volume
2024-11-08
2024-12-06
3.0%
High volume
2025-04-11
2025-05-09
14.2%
High volume
2025-06-27
2025-07-25
-15.2%
High volume
2025-09-19
2025-10-17
-2.7%
High volume
2026-03-27
2026-04-24
-0.4%
High volume
2026-06-26
2026-07-24
12.5%
Ordinary volume
2021-04-09
2021-05-07
-15.6%
Ordinary volume
2021-05-21
2021-06-18
15.9%
Ordinary volume
2021-06-18
2021-07-16
-1.9%
Ordinary volume
2021-07-23
2021-08-20
-0.3%
Ordinary volume
2021-09-17
2021-10-15
-16.0%
Ordinary volume
2021-10-15
2021-11-12
21.1%
Ordinary volume
2021-11-12
2021-12-10
-32.7%
Ordinary volume
2021-12-24
2022-01-21
-35.8%
Ordinary volume
2022-03-04
2022-04-01
-9.6%
Ordinary volume
2022-05-27
2022-06-24
40.8%
Ordinary volume
2022-07-08
2022-08-05
0.7%
Ordinary volume
2022-10-07
2022-11-04
-6.8%
Ordinary volume
2022-11-11
2022-12-09
6.1%
Ordinary volume
2023-01-13
2023-02-10
3.1%
Ordinary volume
2023-03-03
2023-03-31
-7.3%
Ordinary volume
2023-05-05
2023-06-02
7.2%
Ordinary volume
2023-06-09
2023-07-07
-0.3%
Ordinary volume
2023-07-14
2023-08-11
-18.7%
Ordinary volume
2023-11-17
2023-12-15
2.5%
Ordinary volume
2024-01-19
2024-02-16
-13.2%
Ordinary volume
2024-03-01
2024-03-29
-11.8%
Ordinary volume
2024-05-03
2024-05-31
33.3%
Ordinary volume
2024-06-07
2024-07-05
9.8%
Ordinary volume
2024-07-12
2024-08-09
-10.3%
Ordinary volume
2024-09-13
2024-10-11
-9.0%
Ordinary volume
2024-10-11
2024-11-08
5.4%
Ordinary volume
2024-12-20
2025-01-17
9.8%
Ordinary volume
2025-01-17
2025-02-14
1.8%
Ordinary volume
2025-02-28
2025-03-28
-13.7%
Ordinary volume
2025-04-18
2025-05-16
18.5%
Ordinary volume
2025-05-23
2025-06-20
-4.6%
Ordinary volume
2025-06-20
2025-07-18
-6.5%
Ordinary volume
2025-07-18
2025-08-15
3.4%
Ordinary volume
2025-08-29
2025-09-26
-3.2%
Ordinary volume
2025-09-26
2025-10-24
-11.5%
Ordinary volume
2026-01-02
2026-01-30
-13.1%
Ordinary volume
2026-02-20
2026-03-20
-11.6%
Ordinary volume
2026-04-03
2026-05-01
-5.0%
Ordinary volume
2026-05-29
2026-06-26
-17.7%
Ordinary volume
2026-07-03
2026-07-31
8.4%
Ordinary volume
2026-07-31
2026-08-28
2.9%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-10-29
2022-01-28
-42.0%
High volume
2022-01-28
2022-04-29
-33.9%
High volume
2022-06-03
2022-09-02
13.7%
High volume
2023-01-27
2023-04-28
-32.5%
High volume
2023-06-02
2023-09-01
-30.5%
High volume
2023-09-29
2023-12-29
29.4%
High volume
2024-04-12
2024-07-12
50.4%
High volume
2024-08-30
2024-11-29
17.0%
High volume
2025-04-11
2025-07-11
9.6%
High volume
2025-09-19
2025-12-19
-15.7%
High volume
2026-03-27
2026-06-26
-29.0%
High volume
2026-06-26
2026-09-25
-1.5%
Ordinary volume
2021-04-09
2021-07-09
1.8%
Ordinary volume
2021-07-09
2021-10-08
-26.8%
Ordinary volume
2021-10-15
2022-01-14
-29.4%
Ordinary volume
2022-03-04
2022-06-03
-36.4%
Ordinary volume
2022-07-08
2022-10-07
-17.7%
Ordinary volume
2022-10-07
2023-01-06
3.3%
Ordinary volume
2023-01-13
2023-04-14
-21.7%
Ordinary volume
2023-05-05
2023-08-04
-2.0%
Ordinary volume
2023-11-17
2024-02-16
-18.1%
Ordinary volume
2024-03-01
2024-05-31
17.6%
Ordinary volume
2024-06-07
2024-09-06
15.1%
Ordinary volume
2024-09-13
2024-12-13
0.9%
Ordinary volume
2024-12-20
2025-03-21
0.4%
Ordinary volume
2025-03-21
2025-06-20
23.8%
Ordinary volume
2025-06-20
2025-09-19
-8.2%
Ordinary volume
2025-09-26
2025-12-26
-18.1%
Ordinary volume
2026-01-02
2026-04-03
-19.8%
Ordinary volume
2026-04-03
2026-07-03
-22.4%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-11
2021-07-09
14.5%
High volume
2021-09-03
2021-10-01
-12.2%
High volume
2021-12-03
2021-12-31
-5.9%
High volume
2022-01-07
2022-02-04
1.6%
High volume
2022-04-01
2022-04-29
-29.0%
High volume
2022-06-10
2022-07-08
53.7%
High volume
2022-09-02
2022-09-30
-6.2%
High volume
2023-03-24
2023-04-21
-2.1%
High volume
2023-07-21
2023-08-18
-22.2%
High volume
2023-09-01
2023-09-29
-26.0%
High volume
2023-10-13
2023-11-10
17.4%
High volume
2023-12-01
2023-12-29
29.0%
High volume
2024-01-12
2024-02-09
-9.1%
High volume
2024-03-22
2024-04-19
-2.8%
High volume
2024-07-05
2024-08-02
-10.7%
High volume
2024-12-06
2025-01-03
13.9%
High volume
2025-03-07
2025-04-04
-5.4%
High volume
2025-06-13
2025-07-11
-8.8%
High volume
2025-09-12
2025-10-10
12.6%
High volume
2025-11-07
2025-12-05
-0.7%
High volume
2025-12-12
2026-01-09
-1.7%
High volume
2026-06-12
2026-07-10
8.1%
Ordinary volume
2021-04-23
2021-05-21
-15.9%
Ordinary volume
2021-09-10
2021-10-08
-16.5%
Ordinary volume
2021-10-08
2021-11-05
18.9%
Ordinary volume
2021-11-19
2021-12-17
-24.9%
Ordinary volume
2021-12-31
2022-01-28
-25.5%
Ordinary volume
2022-02-18
2022-03-18
0.1%
Ordinary volume
2022-04-15
2022-05-13
-30.0%
Ordinary volume
2022-05-20
2022-06-17
17.3%
Ordinary volume
2022-06-17
2022-07-15
48.6%
Ordinary volume
2022-07-15
2022-08-12
17.2%
Ordinary volume
2022-08-19
2022-09-16
-17.8%
Ordinary volume
2022-09-23
2022-10-21
17.7%
Ordinary volume
2022-11-18
2022-12-16
3.6%
Ordinary volume
2022-12-16
2023-01-13
3.2%
Ordinary volume
2023-01-20
2023-02-17
7.9%
Ordinary volume
2023-02-17
2023-03-17
-13.5%
Ordinary volume
2023-04-14
2023-05-12
-1.0%
Ordinary volume
2023-05-19
2023-06-16
25.3%
Ordinary volume
2023-07-28
2023-08-25
-23.4%
Ordinary volume
2023-11-10
2023-12-08
-3.1%
Ordinary volume
2023-12-29
2024-01-26
-18.0%
Ordinary volume
2024-02-09
2024-03-08
1.7%
Ordinary volume
2024-03-08
2024-04-05
-3.7%
Ordinary volume
2024-04-19
2024-05-17
-0.7%
Ordinary volume
2024-06-14
2024-07-12
19.8%
Ordinary volume
2024-09-06
2024-10-04
10.8%
Ordinary volume
2025-01-31
2025-02-28
-4.4%
Ordinary volume
2025-03-14
2025-04-11
4.1%
Ordinary volume
2025-05-02
2025-05-30
23.4%
Ordinary volume
2025-07-04
2025-08-01
-13.0%
Ordinary volume
2025-08-01
2025-08-29
14.1%
Ordinary volume
2025-10-03
2025-10-31
-10.2%
Ordinary volume
2025-11-14
2025-12-12
-2.4%
Ordinary volume
2026-01-09
2026-02-06
-12.9%
Ordinary volume
2026-02-13
2026-03-13
5.1%
Ordinary volume
2026-03-20
2026-04-17
17.8%
Ordinary volume
2026-04-24
2026-05-22
-20.3%
Ordinary volume
2026-06-05
2026-07-03
1.0%
Ordinary volume
2026-07-24
2026-08-21
15.2%
Ordinary volume
2026-08-28
2026-09-25
-21.5%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-11
2021-09-10
0.3%
High volume
2021-12-03
2022-03-04
-27.8%
High volume
2022-04-01
2022-07-01
-9.1%
High volume
2022-09-02
2022-12-02
37.2%
High volume
2023-03-24
2023-06-23
16.9%
High volume
2023-07-21
2023-10-20
-52.4%
High volume
2023-12-01
2024-03-01
-1.6%
High volume
2024-03-22
2024-06-21
53.3%
High volume
2024-07-05
2024-10-04
16.2%
High volume
2024-12-06
2025-03-07
5.5%
High volume
2025-03-07
2025-06-06
44.7%
High volume
2025-06-13
2025-09-12
-16.8%
High volume
2025-09-12
2025-12-12
-5.5%
High volume
2025-12-12
2026-03-13
-22.2%
High volume
2026-06-12
2026-09-11
5.9%
Ordinary volume
2021-04-23
2021-07-23
7.6%
Ordinary volume
2021-09-10
2021-12-10
-31.0%
Ordinary volume
2021-12-31
2022-04-01
-30.6%
Ordinary volume
2022-04-15
2022-07-15
6.8%
Ordinary volume
2022-07-15
2022-10-14
-22.7%
Ordinary volume
2022-10-14
2023-01-13
32.7%
Ordinary volume
2023-01-20
2023-04-21
-20.5%
Ordinary volume
2023-04-21
2023-07-21
7.5%
Ordinary volume
2023-07-28
2023-10-27
-46.4%
Ordinary volume
2023-11-10
2024-02-09
-12.8%
Ordinary volume
2024-02-09
2024-05-10
-11.3%
Ordinary volume
2024-05-10
2024-08-09
54.2%
Ordinary volume
2024-09-06
2024-12-06
20.6%
Ordinary volume
2025-01-31
2025-05-02
-6.0%
Ordinary volume
2025-05-02
2025-08-01
-2.1%
Ordinary volume
2025-08-01
2025-10-31
-6.1%
Ordinary volume
2025-11-14
2026-02-13
-27.7%
Ordinary volume
2026-02-13
2026-05-15
-12.2%
Ordinary volume
2026-06-05
2026-09-04
14.6%
Price, activity and volume balance
Where volume is concentrated
2026-09-25Close 18.27
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 price20.94
Earlier activity area22.22 โ 40.55
Recent volume balance-74.7%
Recent weekly volume1.55ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-03
37.53
32603806
2025-10-10
39.03
33642171
2025-10-17
37.44
26987248
2025-10-24
35.11
25627319
2025-10-31
33.72
36216362
2025-11-07
33.70
44603987
2025-11-14
33.53
35299520
2025-11-21
33.29
30388865
2025-11-28
34.77
23418979
2025-12-05
33.47
28554667
2025-12-12
32.74
64495496
2025-12-19
32.46
45424479
2025-12-26
32.49
20214676
2026-01-02
33.49
26040792
2026-01-09
32.17
38213923
2026-01-16
33.74
45009170
2026-01-23
31.69
27442520
2026-01-30
29.11
33159085
2026-02-06
28.02
46345718
2026-02-13
24.23
40797067
2026-02-20
26.45
33978528
2026-02-27
27.42
40001958
2026-03-06
25.43
47721738
2026-03-13
25.47
39102402
2026-03-20
23.37
33464103
2026-03-27
26.12
66200554
2026-04-03
26.87
30941084
2026-04-10
25.21
41264501
2026-04-17
27.52
31084483
2026-04-24
26.02
36052427
2026-05-01
25.54
34256231
2026-05-08
22.97
43358392
2026-05-15
21.28
46874738
2026-05-22
20.73
54456805
2026-05-29
22.54
35791393
2026-06-05
20.64
36033733
2026-06-12
19.31
71931262
2026-06-19
18.21
42537712
2026-06-26
18.55
66764001
2026-07-03
20.85
41244214
2026-07-10
20.88
37330143
2026-07-17
20.93
40818063
2026-07-24
20.86
43375773
2026-07-31
22.60
36324598
2026-08-07
23.53
34581746
2026-08-14
22.42
30319355
2026-08-21
24.02
28941660
2026-08-28
23.26
33315250
2026-09-04
23.66
38442817
2026-09-11
20.44
56224815
2026-09-18
20.62
55591950
2026-09-25
18.27
58489393
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -19.95% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -21.45% over four weeks. Volume balance is -74.7% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 1.55ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
3 of 4 closes below
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
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
18
4.2
Available
13 weeks
9
-10.99
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 a question, report a correction, or send a publisher/support note.
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.