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-21.7%-29.3% over thirteen weeks
Latest relative volume0.46ร0.65ร recent four-week median
Closing pressure-52.8%Volume-weighted position within weekly ranges
Up-week volume share38.8%61.2% 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
-5.6%
-31.3%
1.70ร
2025-10-24
9.9%
-14.9%
0.77ร
2025-10-31
1.1%
-32.5%
0.61ร
2025-11-07
-4.0%
-27.7%
0.77ร
2025-11-14
-21.7%
-18.1%
0.74ร
2025-11-21
-32.3%
-35.4%
0.50ร
2025-11-28
-24.1%
-39.0%
0.16ร
2025-12-05
-10.8%
-17.3%
0.33ร
2025-12-12
1.4%
-1.6%
0.30ร
2025-12-19
0.0%
2.4%
0.51ร
2025-12-26
-16.2%
-24.8%
0.43ร
2026-01-02
-18.8%
-3.5%
0.52ร
2026-01-09
-15.4%
2.8%
0.43ร
2026-01-16
4.7%
5.4%
0.89ร
2026-01-23
9.2%
28.3%
0.52ร
2026-01-30
-14.1%
-22.8%
0.83ร
2026-02-06
-25.5%
-32.9%
0.98ร
2026-02-13
-30.0%
-48.4%
1.05ร
2026-02-20
-35.0%
-66.3%
0.52ร
2026-02-27
4.8%
-19.5%
1.42ร
2026-03-06
15.2%
-8.7%
0.73ร
2026-03-13
13.0%
-6.1%
0.86ร
2026-03-20
38.5%
3.2%
1.47ร
2026-03-27
-19.3%
-32.5%
1.25ร
2026-04-03
-18.0%
-27.8%
0.68ร
2026-04-10
-24.3%
-30.8%
0.97ร
2026-04-17
-22.3%
-34.2%
0.77ร
2026-04-24
-4.5%
-20.1%
0.70ร
2026-05-01
-9.2%
-36.8%
0.78ร
2026-05-08
-4.0%
-17.7%
1.03ร
2026-05-15
-18.6%
-27.2%
1.55ร
2026-05-22
-3.6%
-1.2%
1.07ร
2026-05-29
5.1%
10.0%
0.59ร
2026-06-05
0.0%
-5.6%
1.98ร
2026-06-12
1.4%
4.9%
1.01ร
2026-06-19
-13.3%
-38.3%
1.23ร
2026-06-26
-20.5%
-57.7%
0.92ร
2026-07-03
3.3%
-40.8%
187.80ร
2026-07-10
24.8%
-36.9%
5.66ร
2026-07-17
30.7%
-36.6%
3.88ร
2026-07-24
13.6%
-36.8%
1.52ร
2026-07-31
-3.2%
23.2%
1.92ร
2026-08-07
-18.9%
-34.1%
1.08ร
2026-08-14
-26.9%
-44.7%
2.01ร
2026-08-21
-14.7%
-32.2%
1.03ร
2026-08-28
3.2%
-12.4%
3.87ร
2026-09-04
2.8%
-17.0%
1.73ร
2026-09-11
26.0%
8.4%
0.53ร
2026-09-18
-4.7%
1.1%
0.84ร
2026-09-25
-10.6%
-48.7%
0.83ร
2026-10-02
-7.8%
-26.8%
0.52ร
2026-10-09
-21.7%
-52.8%
0.46ร
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
46% 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: 31% of the way from the weekly low to high.
Volume-weighted return tilt
3.03 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
9.7 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume9.7 / 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
25
-13.9%
22
-14.8%
0.9 points
Advancing weeks
13 weeks
13
-23.9%
12
-25.9%
2.0 points
Declining weeks
4 weeks
26
-6.9%
27
-0.5%
-6.3 points
Declining weeks
13 weeks
12
-18.2%
14
-12.7%
-5.5 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
2021-04-30
2021-05-28
-18.9%
High volume
2021-07-30
2021-08-27
-4.2%
High volume
2021-11-12
2021-12-10
-13.3%
High volume
2022-02-25
2022-03-25
-26.6%
High volume
2022-03-25
2022-04-22
-26.6%
High volume
2022-09-16
2022-10-14
2.0%
High volume
2023-05-12
2023-06-09
11.9%
High volume
2023-06-09
2023-07-07
-27.3%
High volume
2023-07-14
2023-08-11
-7.3%
High volume
2023-09-01
2023-09-29
-57.0%
High volume
2023-09-29
2023-10-27
-14.0%
High volume
2023-11-03
2023-12-01
3.4%
High volume
2024-03-22
2024-04-19
-62.9%
High volume
2024-05-17
2024-06-14
-18.4%
High volume
2024-09-27
2024-10-25
-13.9%
High volume
2024-10-25
2024-11-22
-16.1%
High volume
2024-12-06
2025-01-03
600.6%
High volume
2025-01-03
2025-01-31
-58.8%
High volume
2025-02-07
2025-03-07
-41.8%
High volume
2025-03-07
2025-04-04
-13.6%
High volume
2025-06-06
2025-07-04
20.1%
High volume
2025-10-17
2025-11-14
-21.7%
High volume
2026-07-03
2026-07-31
-3.2%
High volume
2026-07-31
2026-08-28
3.2%
High volume
2026-08-28
2026-09-25
-10.6%
Ordinary volume
2021-06-11
2021-07-09
-34.2%
Ordinary volume
2021-08-13
2021-09-10
-8.6%
Ordinary volume
2021-09-17
2021-10-15
-14.6%
Ordinary volume
2022-02-11
2022-03-11
-18.7%
Ordinary volume
2022-06-10
2022-07-08
5.7%
Ordinary volume
2022-08-12
2022-09-09
-0.7%
Ordinary volume
2022-12-09
2023-01-06
-17.2%
Ordinary volume
2023-03-24
2023-04-21
-18.8%
Ordinary volume
2024-01-12
2024-02-09
-10.4%
Ordinary volume
2024-02-16
2024-03-15
-30.9%
Ordinary volume
2024-07-19
2024-08-16
1.1%
Ordinary volume
2024-08-16
2024-09-13
-21.1%
Ordinary volume
2024-10-04
2024-11-01
-14.9%
Ordinary volume
2025-05-02
2025-05-30
-15.0%
Ordinary volume
2025-06-27
2025-07-25
-8.1%
Ordinary volume
2025-08-15
2025-09-12
-5.6%
Ordinary volume
2025-09-19
2025-10-17
-5.6%
Ordinary volume
2025-10-24
2025-11-21
-32.3%
Ordinary volume
2026-01-16
2026-02-13
-30.0%
Ordinary volume
2026-02-13
2026-03-13
13.0%
Ordinary volume
2026-04-17
2026-05-15
-18.6%
Ordinary volume
2026-05-22
2026-06-19
-13.3%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-30
2021-07-30
-75.2%
High volume
2021-07-30
2021-10-29
-13.2%
High volume
2021-11-12
2022-02-11
-19.1%
High volume
2022-02-25
2022-05-27
-8.5%
High volume
2022-09-16
2022-12-16
-35.3%
High volume
2023-05-12
2023-08-11
-23.9%
High volume
2023-09-01
2023-12-01
-58.3%
High volume
2024-03-22
2024-06-21
-73.8%
High volume
2024-09-27
2024-12-27
151.5%
High volume
2024-12-27
2025-03-28
-47.2%
High volume
2025-06-06
2025-09-05
-22.0%
High volume
2025-10-17
2026-01-16
-27.2%
High volume
2026-07-03
2026-10-02
-9.6%
Ordinary volume
2021-06-11
2021-09-10
-75.0%
Ordinary volume
2021-09-17
2021-12-17
-7.0%
Ordinary volume
2022-02-11
2022-05-13
-34.6%
Ordinary volume
2022-06-10
2022-09-09
13.6%
Ordinary volume
2022-12-09
2023-03-10
-65.1%
Ordinary volume
2023-03-24
2023-06-23
-18.1%
Ordinary volume
2024-01-12
2024-04-12
-40.1%
Ordinary volume
2024-07-19
2024-10-18
-43.9%
Ordinary volume
2025-05-02
2025-08-01
16.3%
Ordinary volume
2025-08-15
2025-11-14
-19.6%
Ordinary volume
2026-01-16
2026-04-17
-32.2%
Ordinary volume
2026-04-17
2026-07-17
1.0%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-23
2021-05-21
-3.9%
High volume
2021-05-28
2021-06-25
-2.4%
High volume
2021-07-16
2021-08-13
-53.4%
High volume
2021-09-10
2021-10-08
-12.7%
High volume
2022-03-04
2022-04-01
-28.5%
High volume
2023-03-10
2023-04-07
-4.6%
High volume
2023-04-14
2023-05-12
9.8%
High volume
2023-05-19
2023-06-16
1.5%
High volume
2023-06-16
2023-07-14
-17.9%
High volume
2023-07-21
2023-08-18
-27.6%
High volume
2023-08-18
2023-09-15
-47.0%
High volume
2023-09-15
2023-10-13
-25.1%
High volume
2023-10-13
2023-11-10
58.6%
High volume
2023-11-17
2023-12-15
-41.4%
High volume
2023-12-15
2024-01-12
9.5%
High volume
2024-02-23
2024-03-22
25.1%
High volume
2024-04-19
2024-05-17
-4.1%
High volume
2024-10-18
2024-11-15
-9.2%
High volume
2024-11-15
2024-12-13
-30.3%
High volume
2024-12-13
2025-01-10
520.5%
High volume
2025-01-10
2025-02-07
-37.2%
High volume
2025-02-14
2025-03-14
-31.9%
High volume
2025-06-13
2025-07-11
6.6%
High volume
2026-05-15
2026-06-12
1.4%
High volume
2026-07-17
2026-08-14
-26.9%
High volume
2026-08-14
2026-09-11
26.0%
Ordinary volume
2021-08-20
2021-09-17
3.9%
Ordinary volume
2021-10-01
2021-10-29
-0.5%
Ordinary volume
2021-11-19
2021-12-17
4.4%
Ordinary volume
2021-12-31
2022-01-28
-14.7%
Ordinary volume
2022-06-03
2022-07-01
20.8%
Ordinary volume
2022-08-05
2022-09-02
1.5%
Ordinary volume
2022-11-04
2022-12-02
-33.4%
Ordinary volume
2022-12-02
2022-12-30
5.7%
Ordinary volume
2023-02-03
2023-03-03
-36.5%
Ordinary volume
2023-03-03
2023-03-31
-47.1%
Ordinary volume
2023-04-28
2023-05-26
33.7%
Ordinary volume
2023-10-06
2023-11-03
7.5%
Ordinary volume
2023-11-24
2023-12-22
-27.3%
Ordinary volume
2024-01-05
2024-02-02
-7.7%
Ordinary volume
2024-02-02
2024-03-01
-13.8%
Ordinary volume
2024-03-15
2024-04-12
-14.1%
Ordinary volume
2024-05-03
2024-05-31
-6.8%
Ordinary volume
2024-11-08
2024-12-06
-13.1%
Ordinary volume
2025-03-28
2025-04-25
10.5%
Ordinary volume
2025-08-01
2025-08-29
-0.6%
Ordinary volume
2025-09-26
2025-10-24
9.9%
Ordinary volume
2025-11-07
2025-12-05
-10.8%
Ordinary volume
2026-01-30
2026-02-27
4.8%
Ordinary volume
2026-04-10
2026-05-08
-4.0%
Ordinary volume
2026-05-08
2026-06-05
0.0%
Ordinary volume
2026-06-12
2026-07-10
24.8%
Ordinary volume
2026-08-07
2026-09-04
2.8%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-23
2021-07-23
-75.1%
High volume
2021-07-23
2021-10-22
-6.2%
High volume
2022-03-04
2022-06-03
-7.6%
High volume
2023-03-10
2023-06-09
13.6%
High volume
2023-06-16
2023-09-15
-69.9%
High volume
2023-09-15
2023-12-15
-44.9%
High volume
2023-12-15
2024-03-15
-23.7%
High volume
2024-04-19
2024-07-19
-22.7%
High volume
2024-10-18
2025-01-17
213.0%
High volume
2025-01-17
2025-04-18
-55.0%
High volume
2025-06-13
2025-09-12
-13.8%
High volume
2026-05-15
2026-08-14
-9.4%
Ordinary volume
2021-08-20
2021-11-19
-7.5%
Ordinary volume
2021-11-19
2022-02-18
-9.1%
Ordinary volume
2022-06-03
2022-09-02
25.8%
Ordinary volume
2022-11-04
2023-02-03
-22.5%
Ordinary volume
2023-02-03
2023-05-05
-66.1%
Ordinary volume
2023-10-06
2024-01-05
-22.3%
Ordinary volume
2024-01-05
2024-04-05
-38.3%
Ordinary volume
2024-05-03
2024-08-02
-32.1%
Ordinary volume
2024-11-08
2025-02-07
163.8%
Ordinary volume
2025-03-28
2025-06-27
95.6%
Ordinary volume
2025-08-01
2025-10-31
5.1%
Ordinary volume
2025-11-07
2026-02-06
-44.9%
Ordinary volume
2026-02-06
2026-05-08
-16.3%
Ordinary volume
2026-05-08
2026-08-07
-1.5%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 0.6614
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 price0.803
Earlier activity area0.733 โ 1.08
Recent volume balance-52.8%
Recent weekly volume0.67ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
1.84
2384885
2025-10-24
1.89
1147850
2025-10-31
1.87
883312
2025-11-07
1.67
1049520
2025-11-14
1.44
1012464
2025-11-21
1.28
667343
2025-11-28
1.42
211628
2025-12-05
1.49
415113
2025-12-12
1.46
364372
2025-12-19
1.28
574907
2025-12-26
1.19
479374
2026-01-02
1.21
558636
2026-01-09
1.24
439868
2026-01-16
1.34
867802
2026-01-23
1.30
470469
2026-01-30
1.04
730541
2026-02-06
0.92
785582
2026-02-13
0.9382
799509
2026-02-20
0.8445
392501
2026-02-27
1.09
994998
2026-03-06
1.06
554820
2026-03-13
1.06
654417
2026-03-20
1.17
1113179
2026-03-27
0.8795
950241
2026-04-03
0.869
518738
2026-04-10
0.8021
675599
2026-04-17
0.9087
514944
2026-04-24
0.8401
465430
2026-05-01
0.7895
481637
2026-05-08
0.7703
584048
2026-05-15
0.7396
876500
2026-05-22
0.81
605277
2026-05-29
0.83
334396
2026-06-05
0.77
1121429
2026-06-12
0.75
582928
2026-06-19
0.7022
720142
2026-06-26
0.6601
547413
2026-07-03
0.7954
111674914
2026-07-10
0.936
3564436
2026-07-17
0.9176
2577859
2026-07-24
0.75
1008642
2026-07-31
0.77
1341916
2026-08-07
0.7588
754944
2026-08-14
0.6704
1401706
2026-08-21
0.64
716582
2026-08-28
0.7946
2776497
2026-09-04
0.78
1243909
2026-09-11
0.845
394398
2026-09-18
0.61
616350
2026-09-25
0.7107
599662
2026-10-02
0.719
365188
2026-10-09
0.6614
321693
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -20.76% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -21.73% over four weeks. Volume balance is -52.8% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is below its earlier norm
Recent median weekly volume is 0.67ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 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
25
-9.77
Available
13 weeks
11
-27.09
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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