The latest close is above the activity area established before the last four weeks. 3 of those four closes were above that area. Recent volume balance is positive; the estimated activity centre is higher. The four-week price move and estimated closing pressure point in different directions.
52 weeks2025-10-17 to 2026-10-09Weekly volume estimate
The relationship beneath price ยท 2026-10-09
Priceโpressure disagreement
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-1.7%-2.0% over thirteen weeks
Latest relative volume2.14ร1.64ร recent four-week median
Closing pressure15.0%Volume-weighted position within weekly ranges
Up-week volume share50.0%50.0% 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
-0.5%
-27.3%
1.99ร
2025-10-24
1.5%
-19.1%
1.57ร
2025-10-31
0.1%
-32.9%
1.27ร
2025-11-07
0.5%
-25.4%
1.26ร
2025-11-14
-0.2%
-15.8%
1.73ร
2025-11-21
-2.6%
-22.5%
1.59ร
2025-11-28
0.3%
-7.7%
1.14ร
2025-12-05
2.8%
22.2%
1.31ร
2025-12-12
3.1%
21.1%
1.13ร
2025-12-19
4.7%
49.5%
1.33ร
2025-12-26
1.9%
43.3%
0.64ร
2026-01-02
1.5%
32.5%
0.97ร
2026-01-09
2.0%
55.7%
1.74ร
2026-01-16
2.5%
32.9%
1.35ร
2026-01-23
2.0%
30.6%
0.87ร
2026-01-30
1.6%
22.4%
1.14ร
2026-02-06
1.9%
30.9%
1.21ร
2026-02-13
1.5%
31.6%
0.92ร
2026-02-20
1.5%
35.1%
0.57ร
2026-02-27
2.0%
49.6%
0.99ร
2026-03-06
-4.4%
-10.4%
1.38ร
2026-03-13
-6.1%
-24.8%
1.43ร
2026-03-20
-9.0%
-48.1%
0.90ร
2026-03-27
-11.1%
-74.0%
1.02ร
2026-04-03
-1.4%
-32.8%
0.88ร
2026-04-10
3.1%
-0.3%
1.06ร
2026-04-17
9.4%
33.4%
0.88ร
2026-04-24
10.4%
61.1%
0.50ร
2026-05-01
7.0%
47.8%
0.85ร
2026-05-08
4.4%
40.7%
0.61ร
2026-05-15
-1.2%
-7.2%
0.75ร
2026-05-22
2.4%
12.0%
0.77ร
2026-05-29
2.8%
20.0%
0.58ร
2026-06-05
-0.8%
-15.4%
0.90ร
2026-06-12
2.6%
29.6%
0.84ร
2026-06-19
0.3%
12.9%
0.42ร
2026-06-26
-2.1%
-5.2%
0.58ร
2026-07-03
3.3%
34.5%
0.75ร
2026-07-10
3.0%
26.6%
0.66ร
2026-07-17
0.5%
8.1%
0.64ร
2026-07-24
0.7%
1.1%
0.66ร
2026-07-31
0.1%
3.9%
0.73ร
2026-08-07
0.8%
-3.0%
0.88ร
2026-08-14
4.3%
35.4%
1.03ร
2026-08-21
4.1%
47.3%
0.69ร
2026-08-28
3.0%
41.9%
0.78ร
2026-09-04
1.3%
31.5%
0.95ร
2026-09-11
-2.3%
2.0%
0.82ร
2026-09-18
-1.0%
5.9%
1.24ร
2026-09-25
-2.6%
-9.2%
1.04ร
2026-10-02
-5.5%
-23.2%
2.04ร
2026-10-09
-1.7%
15.0%
2.14ร
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
26% 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: 92% of the way from the weekly low to high.
Volume-weighted return tilt
-0.01 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
17.0 / 100
Price direction0.0 / 30
Closing pressure4.5 / 30
Up-week volume12.5 / 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
13
1.9%
44
1.0%
0.9 points
Advancing weeks
13 weeks
8
3.3%
18
2.6%
0.7 points
Declining weeks
4 weeks
12
2.6%
38
1.2%
1.4 points
Declining weeks
13 weeks
8
6.3%
18
4.7%
1.6 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
2021-12-31
2022-01-28
-4.2%
High volume
2022-01-28
2022-02-25
-0.2%
High volume
2022-07-15
2022-08-12
6.1%
High volume
2022-12-30
2023-01-27
6.8%
High volume
2023-01-27
2023-02-24
-0.8%
High volume
2023-11-03
2023-12-01
4.6%
High volume
2023-12-15
2024-01-12
0.9%
High volume
2024-01-12
2024-02-09
1.9%
High volume
2024-08-30
2024-09-27
1.8%
High volume
2025-04-11
2025-05-09
6.3%
High volume
2025-06-27
2025-07-25
2.3%
High volume
2025-10-03
2025-10-31
0.1%
High volume
2026-01-09
2026-02-06
1.9%
Ordinary volume
2021-04-30
2021-05-28
3.5%
Ordinary volume
2021-06-04
2021-07-02
1.2%
Ordinary volume
2021-07-02
2021-07-30
-0.9%
Ordinary volume
2021-08-13
2021-09-10
-1.5%
Ordinary volume
2021-10-08
2021-11-05
3.3%
Ordinary volume
2021-11-12
2021-12-10
-2.7%
Ordinary volume
2021-12-10
2022-01-07
2.2%
Ordinary volume
2022-01-14
2022-02-11
-3.8%
Ordinary volume
2022-05-20
2022-06-17
-4.2%
Ordinary volume
2022-06-24
2022-07-22
0.0%
Ordinary volume
2022-07-29
2022-08-26
-3.1%
Ordinary volume
2022-09-09
2022-10-07
-9.4%
Ordinary volume
2022-10-21
2022-11-18
7.6%
Ordinary volume
2022-11-18
2022-12-16
0.0%
Ordinary volume
2023-02-03
2023-03-03
-2.4%
Ordinary volume
2023-03-03
2023-03-31
-1.3%
Ordinary volume
2023-03-31
2023-04-28
3.8%
Ordinary volume
2023-04-28
2023-05-26
-3.9%
Ordinary volume
2023-06-09
2023-07-07
0.8%
Ordinary volume
2023-07-21
2023-08-18
-3.5%
Ordinary volume
2023-08-25
2023-09-22
-1.5%
Ordinary volume
2023-10-13
2023-11-10
0.6%
Ordinary volume
2024-02-09
2024-03-08
1.9%
Ordinary volume
2024-03-08
2024-04-05
0.0%
Ordinary volume
2024-04-26
2024-05-24
4.6%
Ordinary volume
2024-06-07
2024-07-05
3.2%
Ordinary volume
2024-07-05
2024-08-02
-0.8%
Ordinary volume
2024-08-09
2024-09-06
1.3%
Ordinary volume
2024-09-13
2024-10-11
3.5%
Ordinary volume
2024-10-25
2024-11-22
-0.2%
Ordinary volume
2024-11-22
2024-12-20
-3.1%
Ordinary volume
2025-01-03
2025-01-31
4.1%
Ordinary volume
2025-02-14
2025-03-14
-3.3%
Ordinary volume
2025-04-25
2025-05-23
5.5%
Ordinary volume
2025-06-13
2025-07-11
2.0%
Ordinary volume
2025-07-18
2025-08-15
1.4%
Ordinary volume
2025-08-15
2025-09-12
2.3%
Ordinary volume
2025-11-28
2025-12-26
1.9%
Ordinary volume
2026-01-02
2026-01-30
1.6%
Ordinary volume
2026-02-06
2026-03-06
-4.4%
Ordinary volume
2026-04-03
2026-05-01
7.0%
Ordinary volume
2026-05-01
2026-05-29
2.8%
Ordinary volume
2026-06-12
2026-07-10
3.0%
Ordinary volume
2026-08-07
2026-09-04
1.3%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-12-31
2022-04-01
-4.8%
High volume
2022-07-15
2022-10-14
-11.7%
High volume
2022-12-30
2023-03-31
5.8%
High volume
2023-11-03
2024-02-02
7.2%
High volume
2024-08-30
2024-11-29
3.8%
High volume
2025-04-11
2025-07-11
13.3%
High volume
2025-10-03
2026-01-02
2.8%
High volume
2026-01-09
2026-04-10
-1.0%
Ordinary volume
2021-04-30
2021-07-30
4.4%
Ordinary volume
2021-08-13
2021-11-12
-1.1%
Ordinary volume
2021-11-12
2022-02-11
-3.5%
Ordinary volume
2022-05-20
2022-08-19
3.0%
Ordinary volume
2022-09-09
2022-12-09
2.2%
Ordinary volume
2023-02-03
2023-05-05
-0.3%
Ordinary volume
2023-06-09
2023-09-08
0.7%
Ordinary volume
2023-10-13
2024-01-12
8.9%
Ordinary volume
2024-02-09
2024-05-10
4.4%
Ordinary volume
2024-05-10
2024-08-09
5.3%
Ordinary volume
2024-08-09
2024-11-08
5.8%
Ordinary volume
2024-11-08
2025-02-07
1.9%
Ordinary volume
2025-02-14
2025-05-16
1.3%
Ordinary volume
2025-05-16
2025-08-15
4.1%
Ordinary volume
2025-08-15
2025-11-14
1.4%
Ordinary volume
2025-11-28
2026-02-27
6.0%
Ordinary volume
2026-02-27
2026-05-29
2.4%
Ordinary volume
2026-06-12
2026-09-11
2.7%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-18
2021-07-16
2.6%
High volume
2022-01-21
2022-02-18
0.6%
High volume
2022-03-11
2022-04-08
6.0%
High volume
2022-05-13
2022-06-10
2.6%
High volume
2022-06-17
2022-07-15
3.8%
High volume
2022-09-30
2022-10-28
6.2%
High volume
2023-01-20
2023-02-17
1.5%
High volume
2023-10-27
2023-11-24
12.0%
High volume
2023-12-29
2024-01-26
1.1%
High volume
2024-07-19
2024-08-16
1.6%
High volume
2025-10-10
2025-11-07
0.5%
High volume
2025-11-14
2025-12-12
3.1%
Ordinary volume
2021-05-14
2021-06-11
7.5%
Ordinary volume
2021-07-09
2021-08-06
1.2%
Ordinary volume
2021-08-20
2021-09-17
-2.2%
Ordinary volume
2021-09-17
2021-10-15
-0.4%
Ordinary volume
2021-11-19
2021-12-17
-1.2%
Ordinary volume
2021-12-17
2022-01-14
3.3%
Ordinary volume
2022-02-11
2022-03-11
-8.6%
Ordinary volume
2022-03-25
2022-04-22
-1.2%
Ordinary volume
2022-04-22
2022-05-20
-6.3%
Ordinary volume
2022-06-10
2022-07-08
-2.7%
Ordinary volume
2022-08-26
2022-09-23
-9.5%
Ordinary volume
2022-12-09
2023-01-06
1.0%
Ordinary volume
2023-02-10
2023-03-10
-5.9%
Ordinary volume
2023-03-17
2023-04-14
8.3%
Ordinary volume
2023-05-26
2023-06-23
1.3%
Ordinary volume
2023-06-23
2023-07-21
3.9%
Ordinary volume
2023-08-04
2023-09-01
0.7%
Ordinary volume
2023-09-15
2023-10-13
-2.7%
Ordinary volume
2023-11-10
2023-12-08
5.1%
Ordinary volume
2023-12-08
2024-01-05
1.1%
Ordinary volume
2024-01-05
2024-02-02
2.3%
Ordinary volume
2024-02-16
2024-03-15
2.3%
Ordinary volume
2024-03-15
2024-04-12
-2.8%
Ordinary volume
2024-04-12
2024-05-10
5.6%
Ordinary volume
2024-05-31
2024-06-28
2.8%
Ordinary volume
2024-07-26
2024-08-23
3.5%
Ordinary volume
2024-09-06
2024-10-04
3.3%
Ordinary volume
2024-10-04
2024-11-01
0.3%
Ordinary volume
2024-12-13
2025-01-10
-2.4%
Ordinary volume
2025-03-14
2025-04-11
-5.1%
Ordinary volume
2025-04-18
2025-05-16
10.9%
Ordinary volume
2025-05-23
2025-06-20
-0.6%
Ordinary volume
2025-08-01
2025-08-29
4.0%
Ordinary volume
2025-09-05
2025-10-03
2.4%
Ordinary volume
2025-12-12
2026-01-09
2.0%
Ordinary volume
2026-03-20
2026-04-17
9.4%
Ordinary volume
2026-06-05
2026-07-03
3.3%
Ordinary volume
2026-09-04
2026-10-02
-5.5%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-18
2021-09-17
1.1%
High volume
2022-01-21
2022-04-22
-3.6%
High volume
2022-05-13
2022-08-12
7.3%
High volume
2022-09-30
2022-12-30
10.8%
High volume
2023-01-20
2023-04-21
2.0%
High volume
2023-10-27
2024-01-26
14.6%
High volume
2024-07-19
2024-10-18
7.6%
High volume
2025-10-10
2026-01-09
5.3%
Ordinary volume
2021-05-14
2021-08-13
7.8%
Ordinary volume
2021-08-20
2021-11-19
-1.3%
Ordinary volume
2021-11-19
2022-02-18
-3.2%
Ordinary volume
2022-02-18
2022-05-20
-10.2%
Ordinary volume
2022-06-10
2022-09-09
-2.9%
Ordinary volume
2022-09-16
2022-12-16
3.9%
Ordinary volume
2022-12-16
2023-03-17
0.4%
Ordinary volume
2023-03-17
2023-06-16
8.4%
Ordinary volume
2023-06-23
2023-09-22
-0.4%
Ordinary volume
2023-09-22
2023-12-22
6.6%
Ordinary volume
2024-01-05
2024-04-05
5.7%
Ordinary volume
2024-04-05
2024-07-05
7.1%
Ordinary volume
2024-07-26
2024-10-25
7.8%
Ordinary volume
2024-12-13
2025-03-14
0.3%
Ordinary volume
2025-03-14
2025-06-13
5.5%
Ordinary volume
2025-08-01
2025-10-31
6.5%
Ordinary volume
2025-12-12
2026-03-13
-2.0%
Ordinary volume
2026-03-20
2026-06-19
11.2%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 11.88
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 price11.57
Earlier activity area10.72 โ 11.77
Recent volume balance15.0%
Recent weekly volume1.26ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
10.82
1070870
2025-10-24
10.94
843918
2025-10-31
11.02
684834
2025-11-07
10.84
693680
2025-11-14
10.79
991937
2025-11-21
10.66
908549
2025-11-28
11.05
719069
2025-12-05
11.15
893101
2025-12-12
11.13
769927
2025-12-19
11.16
901663
2025-12-26
11.26
443528
2026-01-02
11.31
663092
2026-01-09
11.35
1182624
2026-01-16
11.44
930871
2026-01-23
11.49
604670
2026-01-30
11.49
794040
2026-02-06
11.56
862632
2026-02-13
11.61
688156
2026-02-20
11.66
426057
2026-02-27
11.71
734723
2026-03-06
11.06
1037019
2026-03-13
10.91
1119269
2026-03-20
10.61
738716
2026-03-27
10.42
834447
2026-04-03
10.91
736913
2026-04-10
11.24
860165
2026-04-17
11.61
718200
2026-04-24
11.50
392595
2026-05-01
11.67
641663
2026-05-08
11.73
460348
2026-05-15
11.47
563229
2026-05-22
11.77
567875
2026-05-29
12.00
428036
2026-06-05
11.64
660900
2026-06-12
11.77
610506
2026-06-19
11.80
295262
2026-06-26
11.75
395204
2026-07-03
12.02
506098
2026-07-10
12.12
444338
2026-07-17
11.86
419548
2026-07-24
11.83
412663
2026-07-31
12.03
454478
2026-08-07
12.22
519338
2026-08-14
12.37
585242
2026-08-21
12.32
388599
2026-08-28
12.39
443008
2026-09-04
12.38
514424
2026-09-11
12.09
424241
2026-09-18
12.19
631970
2026-09-25
12.06
531633
2026-10-02
11.69
1039893
2026-10-09
11.88
1093521
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +4.55% against the earlier part of this period.
Price and volume
Disagreement
Price changed -1.72% over four weeks. Volume balance is +15.0% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 1.26ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
3 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
Price and recent volume balance currently disagree. Check whether they move in the same direction in later weeks.
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
29
1.0
Available
13 weeks
11
2.9
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 about our research, get help with the site, or send a correction.
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.