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-1.0%3.8% over thirteen weeks
Latest relative volume1.46ร1.10ร recent four-week median
Closing pressure-3.6%Volume-weighted position within weekly ranges
Up-week volume share31.6%56.4% 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
2025-10-17
-19.4%
-61.6%
1.19ร
2025-10-24
-12.9%
-49.8%
0.84ร
2025-10-31
-10.3%
-51.1%
1.26ร
2025-11-07
-14.5%
-68.0%
0.85ร
2025-11-14
-14.6%
-57.1%
1.52ร
2025-11-21
-9.8%
-41.5%
0.64ร
2025-11-28
-1.4%
-13.2%
1.21ร
2025-12-05
4.8%
9.5%
0.37ร
2025-12-12
7.6%
40.9%
0.96ร
2025-12-19
0.8%
17.0%
1.11ร
2025-12-26
-1.1%
22.7%
0.23ร
2026-01-02
5.6%
33.2%
0.69ร
2026-01-09
8.8%
19.0%
0.97ร
2026-01-16
14.1%
44.2%
0.70ร
2026-01-23
15.6%
65.5%
1.59ร
2026-01-30
8.7%
45.3%
1.22ร
2026-02-06
10.1%
60.6%
1.54ร
2026-02-13
11.0%
67.9%
1.24ร
2026-02-20
4.9%
68.7%
1.59ร
2026-02-27
4.3%
81.2%
1.06ร
2026-03-06
0.6%
77.2%
1.47ร
2026-03-13
-0.6%
58.8%
1.18ร
2026-03-20
-0.9%
43.6%
0.75ร
2026-03-27
7.9%
45.5%
0.69ร
2026-04-03
9.1%
39.8%
0.39ร
2026-04-10
9.4%
48.2%
0.64ร
2026-04-17
5.9%
19.1%
0.56ร
2026-04-24
-2.7%
-13.0%
0.43ร
2026-05-01
-1.0%
-18.2%
0.47ร
2026-05-08
-2.4%
-5.3%
1.02ร
2026-05-15
5.7%
41.3%
0.87ร
2026-05-22
2.8%
53.2%
1.65ร
2026-05-29
4.1%
46.5%
1.36ร
2026-06-05
9.8%
51.7%
0.82ร
2026-06-12
14.2%
38.0%
0.25ร
2026-06-19
14.7%
29.1%
0.06ร
2026-06-26
-2.1%
29.6%
0.13ร
2026-07-03
0.0%
7.2%
0.18ร
2026-07-10
-7.8%
2.2%
0.05ร
2026-07-17
-6.0%
-2.3%
0.03ร
2026-07-24
6.5%
-8.6%
0.08ร
2026-07-31
3.6%
30.4%
0.10ร
2026-08-07
2.8%
-12.7%
0.27ร
2026-08-14
5.9%
-10.8%
0.11ร
2026-08-21
12.0%
5.7%
0.21ร
2026-08-28
4.4%
-17.4%
0.18ร
2026-09-04
4.0%
25.5%
0.15ร
2026-09-11
0.0%
-43.6%
1.19ร
2026-09-18
-6.4%
-46.9%
0.98ร
2026-09-25
0.0%
-2.2%
1.76ร
2026-10-02
-1.9%
-23.1%
1.06ร
2026-10-09
-1.0%
-3.6%
1.46ร
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
14% 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: 36% of the way from the weekly low to high.
Volume-weighted return tilt
-0.24 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
22.9 / 100
Price direction15.0 / 30
Closing pressure0.0 / 30
Up-week volume7.9 / 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
26
2.7%
30
2.4%
0.3 points
Advancing weeks
13 weeks
14
9.0%
14
12.3%
-3.2 points
Declining weeks
4 weeks
17
4.5%
32
3.5%
1.0 points
Declining weeks
13 weeks
11
10.2%
15
4.0%
6.2 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
2021-05-21
2021-06-18
3.1%
High volume
2021-08-27
2021-09-24
-2.9%
High volume
2021-10-08
2021-11-05
1.4%
High volume
2021-12-03
2021-12-31
-6.5%
High volume
2022-01-21
2022-02-18
1.7%
High volume
2022-04-08
2022-05-06
3.0%
High volume
2022-05-06
2022-06-03
1.6%
High volume
2022-08-19
2022-09-16
-4.1%
High volume
2022-10-21
2022-11-18
9.9%
High volume
2023-01-20
2023-02-17
-1.2%
High volume
2023-02-24
2023-03-24
7.3%
High volume
2023-04-07
2023-05-05
2.7%
High volume
2023-06-02
2023-06-30
3.9%
High volume
2023-08-18
2023-09-15
7.1%
High volume
2023-10-13
2023-11-10
5.7%
High volume
2023-12-01
2023-12-29
-10.1%
High volume
2024-03-15
2024-04-12
-2.0%
High volume
2024-10-11
2024-11-08
3.7%
High volume
2024-11-08
2024-12-06
-3.6%
High volume
2024-12-13
2025-01-10
2.7%
High volume
2025-02-07
2025-03-07
-1.1%
High volume
2025-03-14
2025-04-11
-0.8%
High volume
2025-04-11
2025-05-09
11.1%
High volume
2025-05-16
2025-06-13
7.1%
High volume
2025-07-25
2025-08-22
17.5%
High volume
2026-01-23
2026-02-20
4.9%
Ordinary volume
2021-07-23
2021-08-20
4.0%
Ordinary volume
2021-08-20
2021-09-17
3.6%
Ordinary volume
2021-10-15
2021-11-12
-1.2%
Ordinary volume
2022-04-01
2022-04-29
3.7%
Ordinary volume
2022-05-20
2022-06-17
-6.4%
Ordinary volume
2022-08-12
2022-09-09
2.3%
Ordinary volume
2022-12-02
2022-12-30
-3.7%
Ordinary volume
2023-01-06
2023-02-03
4.0%
Ordinary volume
2023-03-24
2023-04-21
13.9%
Ordinary volume
2023-05-19
2023-06-16
4.0%
Ordinary volume
2023-08-04
2023-09-01
14.2%
Ordinary volume
2023-09-22
2023-10-20
-0.8%
Ordinary volume
2023-10-27
2023-11-24
9.8%
Ordinary volume
2023-11-24
2023-12-22
4.8%
Ordinary volume
2024-03-22
2024-04-19
-2.8%
Ordinary volume
2024-05-03
2024-05-31
-1.7%
Ordinary volume
2024-05-31
2024-06-28
-3.9%
Ordinary volume
2024-08-23
2024-09-20
-2.6%
Ordinary volume
2024-10-18
2024-11-15
-2.0%
Ordinary volume
2024-11-22
2024-12-20
2.5%
Ordinary volume
2025-01-17
2025-02-14
-0.7%
Ordinary volume
2025-02-14
2025-03-14
-1.1%
Ordinary volume
2025-05-02
2025-05-30
11.8%
Ordinary volume
2025-05-30
2025-06-27
2.3%
Ordinary volume
2025-07-18
2025-08-15
7.0%
Ordinary volume
2025-08-15
2025-09-12
5.5%
Ordinary volume
2025-11-28
2025-12-26
-1.1%
Ordinary volume
2026-01-09
2026-02-06
10.1%
Ordinary volume
2026-02-13
2026-03-13
-0.6%
Ordinary volume
2026-05-15
2026-06-12
14.2%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-21
2021-08-20
8.6%
High volume
2021-08-27
2021-11-26
-3.3%
High volume
2021-12-03
2022-03-04
-0.5%
High volume
2022-04-08
2022-07-08
-1.4%
High volume
2022-08-19
2022-11-18
-12.4%
High volume
2023-01-20
2023-04-21
36.8%
High volume
2023-04-21
2023-07-21
9.5%
High volume
2023-08-18
2023-11-17
14.2%
High volume
2023-12-01
2024-03-01
-16.4%
High volume
2024-03-15
2024-06-14
-4.1%
High volume
2024-10-11
2025-01-10
9.4%
High volume
2025-02-07
2025-05-09
10.6%
High volume
2025-05-16
2025-08-15
31.1%
High volume
2026-01-23
2026-04-24
9.5%
Ordinary volume
2021-07-23
2021-10-22
5.0%
Ordinary volume
2022-04-01
2022-07-01
0.2%
Ordinary volume
2022-08-12
2022-11-11
-10.5%
Ordinary volume
2022-12-02
2023-03-03
24.6%
Ordinary volume
2023-03-24
2023-06-23
24.1%
Ordinary volume
2023-08-04
2023-11-03
16.9%
Ordinary volume
2023-11-03
2024-02-02
3.9%
Ordinary volume
2024-03-22
2024-06-21
-3.5%
Ordinary volume
2024-08-23
2024-11-22
3.4%
Ordinary volume
2024-11-22
2025-02-21
14.1%
Ordinary volume
2025-02-21
2025-05-23
16.4%
Ordinary volume
2025-05-30
2025-08-29
33.6%
Ordinary volume
2025-11-28
2026-02-27
19.3%
Ordinary volume
2026-05-15
2026-08-14
10.5%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-14
2021-06-11
9.0%
High volume
2022-01-28
2022-02-25
0.2%
High volume
2022-08-05
2022-09-02
5.8%
High volume
2022-09-02
2022-09-30
-19.4%
High volume
2022-09-30
2022-10-28
-2.5%
High volume
2023-01-27
2023-02-24
14.5%
High volume
2023-03-17
2023-04-14
11.4%
High volume
2023-05-05
2023-06-02
4.6%
High volume
2023-10-06
2023-11-03
4.5%
High volume
2023-12-22
2024-01-19
-2.1%
High volume
2024-02-09
2024-03-08
-2.8%
High volume
2024-05-17
2024-06-14
-6.8%
High volume
2025-04-04
2025-05-02
15.4%
High volume
2025-08-29
2025-09-26
-16.0%
High volume
2025-09-26
2025-10-24
-12.9%
High volume
2025-11-14
2025-12-12
7.6%
High volume
2026-05-22
2026-06-19
14.7%
Ordinary volume
2021-06-25
2021-07-23
6.1%
Ordinary volume
2021-09-24
2021-10-22
2.7%
Ordinary volume
2021-11-05
2021-12-03
-1.7%
Ordinary volume
2021-12-10
2022-01-07
-6.1%
Ordinary volume
2022-01-07
2022-02-04
9.6%
Ordinary volume
2022-02-18
2022-03-18
-3.7%
Ordinary volume
2022-03-18
2022-04-15
8.9%
Ordinary volume
2022-06-17
2022-07-15
1.4%
Ordinary volume
2022-09-09
2022-10-07
-20.5%
Ordinary volume
2022-12-30
2023-01-27
8.0%
Ordinary volume
2023-02-03
2023-03-03
20.8%
Ordinary volume
2023-10-20
2023-11-17
5.7%
Ordinary volume
2023-11-17
2023-12-15
16.3%
Ordinary volume
2023-12-29
2024-01-26
1.5%
Ordinary volume
2024-01-26
2024-02-23
-7.4%
Ordinary volume
2024-03-08
2024-04-05
5.4%
Ordinary volume
2024-04-12
2024-05-10
6.4%
Ordinary volume
2024-05-24
2024-06-21
-0.9%
Ordinary volume
2024-08-09
2024-09-06
4.4%
Ordinary volume
2024-09-06
2024-10-04
-3.8%
Ordinary volume
2024-10-04
2024-11-01
8.4%
Ordinary volume
2024-11-01
2024-11-29
-0.8%
Ordinary volume
2025-01-10
2025-02-07
1.5%
Ordinary volume
2025-02-28
2025-03-28
0.7%
Ordinary volume
2025-03-28
2025-04-25
4.3%
Ordinary volume
2025-07-11
2025-08-08
8.1%
Ordinary volume
2025-09-19
2025-10-17
-19.4%
Ordinary volume
2025-10-17
2025-11-14
-14.6%
Ordinary volume
2025-12-12
2026-01-09
8.8%
Ordinary volume
2026-02-27
2026-03-27
7.9%
Ordinary volume
2026-05-08
2026-06-05
9.8%
Ordinary volume
2026-09-11
2026-10-09
-1.0%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-05-14
2021-08-13
12.5%
High volume
2022-01-28
2022-04-29
7.2%
High volume
2022-08-05
2022-11-04
-14.0%
High volume
2023-01-27
2023-04-28
42.1%
High volume
2023-05-05
2023-08-04
10.2%
High volume
2023-10-06
2024-01-05
12.7%
High volume
2024-02-09
2024-05-10
3.8%
High volume
2024-05-17
2024-08-16
-1.7%
High volume
2025-04-04
2025-07-04
41.7%
High volume
2025-08-29
2025-11-28
-29.8%
High volume
2026-05-22
2026-08-21
21.9%
Ordinary volume
2021-06-25
2021-09-24
8.5%
Ordinary volume
2021-09-24
2021-12-24
-3.4%
Ordinary volume
2022-01-07
2022-04-08
14.0%
Ordinary volume
2022-06-17
2022-09-16
0.2%
Ordinary volume
2022-09-16
2022-12-16
-14.1%
Ordinary volume
2022-12-30
2023-03-31
37.1%
Ordinary volume
2023-10-20
2024-01-19
13.5%
Ordinary volume
2024-01-26
2024-04-26
-8.2%
Ordinary volume
2024-05-24
2024-08-23
4.0%
Ordinary volume
2024-09-06
2024-12-06
3.4%
Ordinary volume
2025-01-10
2025-04-11
1.1%
Ordinary volume
2025-04-18
2025-07-18
38.0%
Ordinary volume
2025-08-01
2025-10-31
-14.0%
Ordinary volume
2025-11-07
2026-02-06
25.1%
Ordinary volume
2026-02-27
2026-05-29
12.8%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 204.00
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 price164.08
Earlier activity area126.36 โ 173.18
Recent volume balance-3.6%
Recent weekly volume0.45ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
151.43
21957
2025-10-24
146.03
16651
2025-10-31
142.09
23138
2025-11-07
133.24
16865
2025-11-14
129.31
30386
2025-11-21
131.77
12835
2025-11-28
140.12
22301
2025-12-05
139.63
7374
2025-12-12
139.14
19163
2025-12-19
132.75
22269
2025-12-26
138.65
4914
2026-01-02
147.50
14667
2026-01-09
151.43
19484
2026-01-16
151.43
14262
2026-01-23
160.28
32212
2026-01-30
160.28
24672
2026-02-06
166.68
33154
2026-02-13
168.15
27460
2026-02-20
168.15
35356
2026-02-27
167.17
23538
2026-03-06
167.66
32714
2026-03-13
167.17
26334
2026-03-20
166.68
17103
2026-03-27
180.44
15632
2026-04-03
182.90
8800
2026-04-10
182.90
14175
2026-04-17
176.51
11653
2026-04-24
175.53
8327
2026-05-01
181.00
9123
2026-05-08
178.50
18579
2026-05-15
186.50
16398
2026-05-22
180.50
29439
2026-05-29
188.50
25688
2026-06-05
196.00
15396
2026-06-12
213.00
4682
2026-06-19
207.00
1011
2026-06-26
184.50
2124
2026-07-03
196.00
3010
2026-07-10
196.50
835
2026-07-17
194.50
511
2026-07-24
196.50
1224
2026-07-31
203.00
1587
2026-08-07
202.00
3942
2026-08-14
206.00
1409
2026-08-21
220.00
2221
2026-08-28
212.00
1581
2026-09-04
210.00
1298
2026-09-11
206.00
7723
2026-09-18
206.00
6061
2026-09-25
212.00
9435
2026-10-02
206.00
5695
2026-10-09
204.00
7581
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +28.54% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -0.97% over four weeks. Volume balance is -3.6% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is below its earlier norm
Recent median weekly volume is 0.45ร 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
16
2.15
Available
13 weeks
9
10.4
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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