The latest close is inside the activity area established before the last four weeks. 4 of those four closes were inside that area. Recent volume balance is negative; the estimated activity centre is little changed.
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-13.8%56.0% over thirteen weeks
Latest relative volume1.26ร1.79ร recent four-week median
Closing pressure-26.0%Volume-weighted position within weekly ranges
Up-week volume share72.9%27.1% 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
-17.3%
-51.0%
1.12ร
2025-10-24
-7.4%
-58.1%
3.30ร
2025-10-31
-12.8%
-68.5%
1.13ร
2025-11-07
-22.7%
-62.0%
1.07ร
2025-11-14
-21.4%
-60.5%
0.68ร
2025-11-21
-28.8%
-34.9%
0.55ร
2025-11-28
-17.3%
-19.4%
0.44ร
2025-12-05
19.6%
27.4%
0.70ร
2025-12-12
9.5%
10.5%
0.58ร
2025-12-19
7.3%
10.6%
0.57ร
2025-12-26
-2.5%
2.8%
0.26ร
2026-01-02
-20.2%
-27.8%
0.46ร
2026-01-09
-15.6%
-18.2%
0.44ร
2026-01-16
-15.4%
-37.8%
0.49ร
2026-01-23
-18.2%
-42.5%
0.38ร
2026-01-30
-20.6%
-57.2%
0.50ร
2026-02-06
-31.5%
-51.4%
1.39ร
2026-02-13
-37.3%
-56.5%
0.86ร
2026-02-20
-38.1%
-59.4%
0.58ร
2026-02-27
-16.6%
-29.7%
0.79ร
2026-03-06
-24.0%
-61.2%
2.65ร
2026-03-13
-15.8%
-59.6%
1.37ร
2026-03-20
-22.3%
-59.7%
0.95ร
2026-03-27
-33.9%
-73.3%
0.82ร
2026-04-03
1.1%
-30.0%
0.74ร
2026-04-10
6.0%
-10.5%
0.74ร
2026-04-17
104.6%
48.8%
8.33ร
2026-04-24
107.8%
41.4%
2.96ร
2026-05-01
125.1%
44.9%
3.19ร
2026-05-08
78.5%
30.7%
2.34ร
2026-05-15
-13.3%
-18.3%
3.51ร
2026-05-22
-24.8%
-27.0%
2.09ร
2026-05-29
-27.8%
-39.4%
2.07ร
2026-06-05
-34.3%
-44.0%
2.62ร
2026-06-12
-30.9%
-44.7%
1.57ร
2026-06-19
-21.0%
-40.1%
1.49ร
2026-06-26
-40.1%
-54.8%
1.95ร
2026-07-03
-20.0%
-51.3%
0.82ร
2026-07-10
-0.5%
-28.1%
0.99ร
2026-07-17
-16.5%
-41.9%
0.85ร
2026-07-24
-10.8%
-58.8%
0.90ร
2026-07-31
4.0%
-19.2%
0.64ร
2026-08-07
-4.9%
-36.5%
0.84ร
2026-08-14
-9.9%
-40.8%
2.09ร
2026-08-21
-5.8%
-12.3%
1.15ร
2026-08-28
-19.9%
-28.9%
1.31ร
2026-09-04
134.2%
45.9%
51.63ร
2026-09-11
131.9%
32.8%
8.74ร
2026-09-18
107.9%
28.8%
3.29ร
2026-09-25
115.0%
27.9%
1.99ร
2026-10-02
-20.6%
-45.4%
1.39ร
2026-10-09
-13.8%
-26.0%
1.26ร
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
61% 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: 5% of the way from the weekly low to high.
Volume-weighted return tilt
110.65 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
33.2 / 100
Price direction15.0 / 30
Closing pressure0.0 / 30
Up-week volume18.2 / 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
17
-13.2%
35
-4.9%
-8.4 points
Advancing weeks
13 weeks
12
-20.7%
15
-10.6%
-10.1 points
Declining weeks
4 weeks
20
-5.2%
37
-6.6%
1.4 points
Declining weeks
13 weeks
13
-8.3%
17
-6.6%
-1.7 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
2021-11-05
2021-12-03
3.1%
High volume
2022-02-04
2022-03-04
-6.3%
High volume
2022-11-11
2022-12-09
-7.2%
High volume
2023-02-17
2023-03-17
-13.2%
High volume
2023-08-11
2023-09-08
-12.9%
High volume
2023-11-10
2023-12-08
16.4%
High volume
2024-03-22
2024-04-19
-26.7%
High volume
2024-11-08
2024-12-06
-20.4%
High volume
2025-03-21
2025-04-18
-37.5%
High volume
2025-04-25
2025-05-23
-8.8%
High volume
2025-06-06
2025-07-04
-6.1%
High volume
2025-07-25
2025-08-22
-19.9%
High volume
2025-08-29
2025-09-26
46.8%
High volume
2025-10-24
2025-11-21
-28.8%
High volume
2026-04-17
2026-05-15
-13.3%
High volume
2026-05-29
2026-06-26
-40.1%
High volume
2026-09-04
2026-10-02
-20.6%
Ordinary volume
2021-05-28
2021-06-25
3.4%
Ordinary volume
2021-08-13
2021-09-10
-8.1%
Ordinary volume
2021-09-17
2021-10-15
-7.7%
Ordinary volume
2021-10-15
2021-11-12
26.4%
Ordinary volume
2021-12-10
2022-01-07
0.2%
Ordinary volume
2022-01-07
2022-02-04
-17.8%
Ordinary volume
2022-03-18
2022-04-15
7.5%
Ordinary volume
2022-04-15
2022-05-13
-19.4%
Ordinary volume
2022-05-27
2022-06-24
-14.6%
Ordinary volume
2022-06-24
2022-07-22
1.0%
Ordinary volume
2022-07-22
2022-08-19
6.3%
Ordinary volume
2022-10-14
2022-11-11
11.3%
Ordinary volume
2022-12-23
2023-01-20
11.9%
Ordinary volume
2023-01-27
2023-02-24
-16.6%
Ordinary volume
2023-03-03
2023-03-31
-6.3%
Ordinary volume
2023-05-05
2023-06-02
-1.4%
Ordinary volume
2023-06-02
2023-06-30
-3.5%
Ordinary volume
2023-06-30
2023-07-28
-1.7%
Ordinary volume
2023-09-15
2023-10-13
-22.3%
Ordinary volume
2023-11-03
2023-12-01
31.8%
Ordinary volume
2023-12-01
2023-12-29
-7.0%
Ordinary volume
2024-03-01
2024-03-29
-5.9%
Ordinary volume
2024-04-26
2024-05-24
-11.0%
Ordinary volume
2024-07-12
2024-08-09
-26.8%
Ordinary volume
2024-08-16
2024-09-13
8.9%
Ordinary volume
2024-11-01
2024-11-29
-10.2%
Ordinary volume
2024-11-29
2024-12-27
-9.8%
Ordinary volume
2024-12-27
2025-01-24
-6.3%
Ordinary volume
2025-05-09
2025-06-06
28.9%
Ordinary volume
2025-08-08
2025-09-05
5.7%
Ordinary volume
2025-10-17
2025-11-14
-21.4%
Ordinary volume
2026-02-27
2026-03-27
-33.9%
Ordinary volume
2026-03-27
2026-04-24
107.8%
Ordinary volume
2026-07-10
2026-08-07
-4.9%
Ordinary volume
2026-08-21
2026-09-18
107.9%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-11-05
2022-02-04
-8.4%
High volume
2022-02-04
2022-05-06
-18.6%
High volume
2022-11-11
2023-02-10
-4.2%
High volume
2023-02-17
2023-05-19
-29.1%
High volume
2023-08-11
2023-11-10
-22.8%
High volume
2023-11-10
2024-02-09
-15.7%
High volume
2024-03-22
2024-06-21
-41.0%
High volume
2024-11-08
2025-02-07
-42.8%
High volume
2025-03-21
2025-06-20
7.9%
High volume
2025-07-25
2025-10-24
40.4%
High volume
2025-10-24
2026-01-23
-38.7%
High volume
2026-04-17
2026-07-17
-48.4%
Ordinary volume
2021-05-28
2021-08-27
-10.6%
Ordinary volume
2021-09-17
2021-12-17
9.3%
Ordinary volume
2022-01-07
2022-04-08
-22.2%
Ordinary volume
2022-04-15
2022-07-15
-38.3%
Ordinary volume
2022-07-22
2022-10-21
-10.6%
Ordinary volume
2022-12-23
2023-03-24
-3.4%
Ordinary volume
2023-05-05
2023-08-04
-14.6%
Ordinary volume
2023-09-15
2023-12-15
0.3%
Ordinary volume
2024-03-01
2024-05-31
-35.9%
Ordinary volume
2024-07-12
2024-10-11
-21.3%
Ordinary volume
2024-11-01
2025-01-31
-29.0%
Ordinary volume
2025-05-09
2025-08-08
129.2%
Ordinary volume
2025-08-08
2025-11-07
8.5%
Ordinary volume
2026-02-27
2026-05-29
29.2%
Ordinary volume
2026-07-10
2026-10-09
56.0%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-01-28
2022-02-25
0.4%
High volume
2022-05-06
2022-06-03
-4.6%
High volume
2023-02-03
2023-03-03
-5.6%
High volume
2023-05-12
2023-06-09
7.7%
High volume
2023-08-18
2023-09-15
-5.6%
High volume
2024-02-09
2024-03-08
-8.6%
High volume
2024-03-15
2024-04-12
-18.0%
High volume
2024-04-19
2024-05-17
-4.7%
High volume
2024-11-15
2024-12-13
-0.8%
High volume
2025-02-07
2025-03-07
-18.1%
High volume
2025-03-07
2025-04-04
-31.5%
High volume
2025-04-04
2025-05-02
18.0%
High volume
2025-06-27
2025-07-25
101.0%
High volume
2025-08-01
2025-08-29
30.0%
High volume
2025-09-26
2025-10-24
-7.4%
High volume
2026-03-06
2026-04-03
1.1%
High volume
2026-05-08
2026-06-05
-34.3%
High volume
2026-06-05
2026-07-03
-20.0%
High volume
2026-08-14
2026-09-11
131.9%
High volume
2026-09-11
2026-10-09
-13.8%
Ordinary volume
2021-05-07
2021-06-04
2.2%
Ordinary volume
2021-08-06
2021-09-03
-1.8%
Ordinary volume
2021-10-08
2021-11-05
10.8%
Ordinary volume
2021-11-26
2021-12-24
5.0%
Ordinary volume
2021-12-31
2022-01-28
-17.5%
Ordinary volume
2022-02-18
2022-03-18
-6.2%
Ordinary volume
2022-04-08
2022-05-06
-14.0%
Ordinary volume
2022-05-20
2022-06-17
-11.5%
Ordinary volume
2022-06-17
2022-07-15
-8.0%
Ordinary volume
2022-07-15
2022-08-12
26.7%
Ordinary volume
2022-08-19
2022-09-16
-11.9%
Ordinary volume
2022-09-30
2022-10-28
11.6%
Ordinary volume
2022-12-09
2023-01-06
-0.9%
Ordinary volume
2023-02-24
2023-03-24
-5.5%
Ordinary volume
2023-03-24
2023-04-21
-7.2%
Ordinary volume
2023-04-21
2023-05-19
-10.6%
Ordinary volume
2023-06-09
2023-07-07
-1.4%
Ordinary volume
2023-07-07
2023-08-04
-9.8%
Ordinary volume
2023-08-25
2023-09-22
-12.1%
Ordinary volume
2023-09-29
2023-10-27
-22.6%
Ordinary volume
2023-10-27
2023-11-24
48.6%
Ordinary volume
2023-12-08
2024-01-05
-9.0%
Ordinary volume
2024-01-05
2024-02-02
-8.4%
Ordinary volume
2024-02-02
2024-03-01
-19.9%
Ordinary volume
2024-03-08
2024-04-05
-13.2%
Ordinary volume
2024-04-05
2024-05-03
-5.9%
Ordinary volume
2024-05-31
2024-06-28
-6.6%
Ordinary volume
2024-07-19
2024-08-16
-21.5%
Ordinary volume
2025-01-10
2025-02-07
-16.8%
Ordinary volume
2025-05-02
2025-05-30
11.4%
Ordinary volume
2025-07-04
2025-08-01
61.1%
Ordinary volume
2025-08-22
2025-09-19
100.8%
Ordinary volume
2025-10-31
2025-11-28
-17.3%
Ordinary volume
2026-02-13
2026-03-13
-15.8%
Ordinary volume
2026-03-20
2026-04-17
104.6%
Ordinary volume
2026-07-03
2026-07-31
4.0%
Ordinary volume
2026-08-07
2026-09-04
134.2%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2022-01-28
2022-04-29
4.8%
High volume
2022-05-06
2022-08-05
-8.3%
High volume
2023-02-03
2023-05-05
-23.6%
High volume
2023-05-12
2023-08-11
1.8%
High volume
2023-08-18
2023-11-17
-5.6%
High volume
2024-02-09
2024-05-10
-38.1%
High volume
2024-05-10
2024-08-09
-24.5%
High volume
2024-11-15
2025-02-14
-34.2%
High volume
2025-02-14
2025-05-16
-23.7%
High volume
2025-06-27
2025-09-26
204.8%
High volume
2025-09-26
2025-12-26
-30.6%
High volume
2026-03-06
2026-06-05
18.4%
High volume
2026-06-05
2026-09-04
88.9%
Ordinary volume
2021-05-07
2021-08-06
-6.6%
Ordinary volume
2021-08-06
2021-11-05
-5.1%
Ordinary volume
2021-11-26
2022-02-25
-16.9%
Ordinary volume
2022-02-25
2022-05-27
-18.2%
Ordinary volume
2022-06-17
2022-09-16
-3.8%
Ordinary volume
2022-09-30
2022-12-30
1.0%
Ordinary volume
2023-02-24
2023-05-26
-20.0%
Ordinary volume
2023-06-09
2023-09-08
-17.7%
Ordinary volume
2023-09-29
2023-12-29
10.5%
Ordinary volume
2023-12-29
2024-03-29
-35.7%
Ordinary volume
2024-03-29
2024-06-28
-36.3%
Ordinary volume
2024-07-19
2024-10-18
-17.1%
Ordinary volume
2025-01-10
2025-04-11
-54.1%
Ordinary volume
2025-05-02
2025-08-01
101.7%
Ordinary volume
2025-08-22
2025-11-21
24.8%
Ordinary volume
2026-02-13
2026-05-15
29.1%
Ordinary volume
2026-07-03
2026-10-02
87.5%
Price, activity and volume balance
Where volume is concentrated
2026-10-09Close 1.19
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 price1.38
Earlier activity area0.5701 โ 1.56
Recent volume balance-26.0%
Recent weekly volume2.26ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-17
2.01
25217548
2025-10-24
2.12
79897402
2025-10-31
1.97
27287410
2025-11-07
1.53
28005621
2025-11-14
1.58
18754334
2025-11-21
1.51
15142355
2025-11-28
1.63
12047522
2025-12-05
1.83
19246669
2025-12-12
1.73
16022866
2025-12-19
1.62
14960119
2025-12-26
1.59
6898932
2026-01-02
1.46
11109694
2026-01-09
1.46
10764383
2026-01-16
1.37
11765833
2026-01-23
1.30
9315619
2026-01-30
1.16
11183176
2026-02-06
1.00
28636875
2026-02-13
0.8597
18260593
2026-02-20
0.805
11085540
2026-02-27
0.9678
14639205
2026-03-06
0.76
46918051
2026-03-13
0.7242
25433412
2026-03-20
0.6255
17626090
2026-03-27
0.64
14788037
2026-04-03
0.7684
12510834
2026-04-10
0.7677
11553777
2026-04-17
1.28
125315263
2026-04-24
1.33
44526707
2026-05-01
1.73
48041204
2026-05-08
1.37
35200984
2026-05-15
1.11
52867005
2026-05-22
1.00
31426685
2026-05-29
1.25
31993125
2026-06-05
0.9001
44087380
2026-06-12
0.7666
26398727
2026-06-19
0.7899
26701257
2026-06-26
0.7492
42579636
2026-07-03
0.72
21201240
2026-07-10
0.7628
25693003
2026-07-17
0.66
22245866
2026-07-24
0.6685
23336852
2026-07-31
0.749
16763752
2026-08-07
0.7258
21913355
2026-08-14
0.595
53349238
2026-08-21
0.63
30050376
2026-08-28
0.5999
34898993
2026-09-04
1.70
1465021929
2026-09-11
1.38
248022168
2026-09-18
1.31
101169259
2026-09-25
1.29
63244355
2026-10-02
1.35
46617911
2026-10-09
1.19
44072605
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Little changed
The recent centre moved +3.08% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -13.77% over four weeks. Volume balance is -26.0% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 2.26ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 of 4 closes inside
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
Watch which boundary price moves beyond and whether later closes remain outside it.
Returning inside
Price is currently inside the earlier area. Repeated closes here would show that activity remains in the same price range.
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
21
-4.85
Available
13 weeks
10
-22.63
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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