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 positive; the estimated activity centre is lower.
52 weeks2025-10-03 to 2026-09-25Weekly volume estimate
The relationship beneath price ยท 2026-09-25
Volume-supported advance
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move7.1%11.6% over thirteen weeks
Latest relative volume2.04ร3.13ร recent four-week median
Closing pressure39.8%Volume-weighted position within weekly ranges
Up-week volume share82.5%17.5% 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
2025-10-03
-0.4%
-22.8%
23.64ร
2025-10-10
0.2%
-22.7%
0.11ร
2025-10-17
-1.3%
-23.6%
0.34ร
2025-10-24
-3.0%
-26.1%
0.48ร
2025-10-31
-5.6%
-41.2%
0.68ร
2025-11-07
-1.2%
-20.0%
0.88ร
2025-11-14
-1.0%
-12.2%
0.64ร
2025-11-21
-10.9%
-70.1%
5.21ร
2025-11-28
-7.0%
-52.7%
2.68ร
2025-12-05
-8.5%
-56.5%
0.80ร
2025-12-12
-6.4%
-56.9%
0.54ร
2025-12-19
3.7%
-18.2%
1.58ร
2025-12-26
-2.1%
-55.9%
2.86ร
2026-01-02
-3.9%
-67.5%
1.52ร
2026-01-09
-5.3%
-65.7%
2.40ร
2026-01-16
-4.4%
-60.8%
2.22ร
2026-01-23
-2.2%
-46.3%
3.13ร
2026-01-30
-2.9%
-49.2%
1.93ร
2026-02-06
-2.3%
-37.2%
2.01ร
2026-02-13
-0.4%
-10.5%
1.42ร
2026-02-20
3.5%
8.1%
1.13ร
2026-02-27
5.5%
-14.3%
3.13ร
2026-03-06
-1.1%
-35.0%
3.72ร
2026-03-13
-3.1%
-40.0%
1.49ร
2026-03-20
-5.1%
-36.5%
0.94ร
2026-03-27
-7.0%
-7.9%
1.09ร
2026-04-03
-1.6%
31.5%
0.49ร
2026-04-10
-0.7%
34.1%
0.76ร
2026-04-17
-0.5%
22.8%
1.12ร
2026-04-24
3.8%
31.3%
1.01ร
2026-05-01
5.4%
27.1%
1.39ร
2026-05-08
0.9%
11.8%
0.65ร
2026-05-15
-3.6%
-22.5%
1.27ร
2026-05-22
-6.7%
-48.8%
0.43ร
2026-05-29
-11.0%
-77.4%
0.58ร
2026-06-05
-9.5%
-82.3%
0.07ร
2026-06-12
-7.2%
-74.6%
0.10ร
2026-06-19
-4.8%
-49.3%
0.28ร
2026-06-26
-1.2%
-2.2%
0.07ร
2026-07-03
2.8%
15.5%
0.13ร
2026-07-10
1.6%
21.9%
0.01ร
2026-07-17
-0.6%
-29.1%
0.45ร
2026-07-24
0.6%
-19.9%
0.11ร
2026-07-31
-6.3%
-37.7%
0.05ร
2026-08-07
2.2%
5.5%
0.61ร
2026-08-14
6.7%
57.7%
0.89ร
2026-08-21
0.8%
60.1%
0.34ร
2026-08-28
9.0%
51.8%
3.72ร
2026-09-04
6.1%
52.6%
11.83ร
2026-09-11
0.2%
35.9%
4.23ร
2026-09-18
6.6%
37.9%
1.44ร
2026-09-25
7.1%
39.8%
2.04ร
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
73% 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: 83% of the way from the weekly low to high.
Volume-weighted return tilt
1.65 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
77.6 / 100
Price direction30.0 / 30
Closing pressure12.0 / 30
Up-week volume20.6 / 25
Volume confirmation15.0 / 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
27
-2.5%
23
-0.5%
-2.0 points
Advancing weeks
13 weeks
13
-0.9%
12
-2.2%
1.3 points
Declining weeks
4 weeks
22
-0.9%
17
0.2%
-1.1 points
Declining weeks
13 weeks
12
-0.9%
12
-0.3%
-0.6 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
2021-04-09
2021-05-07
6.7%
High volume
2021-11-19
2021-12-17
-1.9%
High volume
2021-12-17
2022-01-14
1.4%
High volume
2022-02-18
2022-03-18
-9.5%
High volume
2022-04-08
2022-05-06
4.7%
High volume
2022-06-10
2022-07-08
-20.2%
High volume
2022-07-08
2022-08-05
10.3%
High volume
2022-08-05
2022-09-02
11.4%
High volume
2022-09-02
2022-09-30
-26.8%
High volume
2022-12-09
2023-01-06
6.5%
High volume
2023-01-06
2023-02-03
-2.5%
High volume
2023-04-14
2023-05-12
-5.5%
High volume
2023-07-07
2023-08-04
-12.1%
High volume
2023-08-11
2023-09-08
-7.5%
High volume
2023-11-24
2023-12-22
-2.6%
High volume
2024-02-02
2024-03-01
-4.9%
High volume
2024-03-29
2024-04-26
2.2%
High volume
2024-05-24
2024-06-21
-5.0%
High volume
2024-12-13
2025-01-10
1.5%
High volume
2025-02-07
2025-03-07
0.5%
High volume
2025-04-18
2025-05-16
13.3%
High volume
2025-05-23
2025-06-20
-8.2%
High volume
2025-07-04
2025-08-01
-3.5%
High volume
2025-10-03
2025-10-31
-5.6%
High volume
2025-11-28
2025-12-26
-2.1%
High volume
2026-02-27
2026-03-27
-7.0%
High volume
2026-08-28
2026-09-25
7.1%
Ordinary volume
2021-05-21
2021-06-18
10.7%
Ordinary volume
2021-09-17
2021-10-15
-1.1%
Ordinary volume
2021-12-10
2022-01-07
3.3%
Ordinary volume
2022-01-28
2022-02-25
2.9%
Ordinary volume
2022-03-04
2022-04-01
-2.2%
Ordinary volume
2022-04-15
2022-05-13
2.2%
Ordinary volume
2023-11-17
2023-12-15
-1.1%
Ordinary volume
2024-01-19
2024-02-16
1.9%
Ordinary volume
2024-03-22
2024-04-19
3.3%
Ordinary volume
2024-04-26
2024-05-24
0.9%
Ordinary volume
2024-05-31
2024-06-28
-3.6%
Ordinary volume
2024-07-19
2024-08-16
0.6%
Ordinary volume
2024-08-30
2024-09-27
-1.7%
Ordinary volume
2025-01-03
2025-01-31
-3.0%
Ordinary volume
2025-02-14
2025-03-14
0.3%
Ordinary volume
2025-04-11
2025-05-09
24.7%
Ordinary volume
2025-07-11
2025-08-08
-8.7%
Ordinary volume
2025-11-07
2025-12-05
-8.5%
Ordinary volume
2025-12-05
2026-01-02
-3.9%
Ordinary volume
2026-02-20
2026-03-20
-5.1%
Ordinary volume
2026-03-20
2026-04-17
-0.5%
Ordinary volume
2026-04-17
2026-05-15
-3.6%
Ordinary volume
2026-08-14
2026-09-11
0.2%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-04-09
2021-07-09
18.4%
High volume
2021-11-19
2022-02-18
11.1%
High volume
2022-02-18
2022-05-20
-7.1%
High volume
2022-06-10
2022-09-09
-10.3%
High volume
2022-12-09
2023-03-10
-1.6%
High volume
2023-04-14
2023-07-14
-0.9%
High volume
2023-08-11
2023-11-10
-8.5%
High volume
2023-11-24
2024-02-23
1.8%
High volume
2024-03-29
2024-06-28
-0.1%
High volume
2024-12-13
2025-03-14
2.3%
High volume
2025-04-18
2025-07-18
18.8%
High volume
2025-10-03
2026-01-02
-14.2%
High volume
2026-02-27
2026-05-29
-13.8%
Ordinary volume
2021-05-21
2021-08-20
1.9%
Ordinary volume
2021-09-17
2021-12-17
-3.8%
Ordinary volume
2021-12-31
2022-04-01
-0.7%
Ordinary volume
2022-04-15
2022-07-15
-15.8%
Ordinary volume
2023-11-17
2024-02-16
2.7%
Ordinary volume
2024-03-22
2024-06-21
0.3%
Ordinary volume
2024-07-19
2024-10-18
-0.9%
Ordinary volume
2025-01-03
2025-04-04
-3.5%
Ordinary volume
2025-04-11
2025-07-11
26.3%
Ordinary volume
2025-07-11
2025-10-10
-10.0%
Ordinary volume
2025-11-07
2026-02-06
-15.0%
Ordinary volume
2026-02-20
2026-05-22
-9.1%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-08-06
2021-09-03
0.3%
High volume
2021-11-12
2021-12-10
-1.2%
High volume
2022-02-25
2022-03-25
-1.4%
High volume
2022-06-17
2022-07-15
-10.9%
High volume
2022-07-15
2022-08-12
20.0%
High volume
2022-08-26
2022-09-23
-12.3%
High volume
2022-12-30
2023-01-27
9.4%
High volume
2023-03-10
2023-04-07
-7.2%
High volume
2023-07-14
2023-08-11
-4.1%
High volume
2023-09-08
2023-10-06
-2.9%
High volume
2024-02-09
2024-03-08
-6.4%
High volume
2024-03-08
2024-04-05
4.1%
High volume
2024-05-17
2024-06-14
-1.5%
High volume
2024-06-14
2024-07-12
-0.6%
High volume
2025-01-10
2025-02-07
0.3%
High volume
2025-03-21
2025-04-18
3.6%
High volume
2025-05-16
2025-06-13
-0.3%
High volume
2025-06-20
2025-07-18
7.7%
High volume
2025-11-21
2025-12-19
3.7%
High volume
2025-12-19
2026-01-16
-4.4%
High volume
2026-01-23
2026-02-20
3.5%
High volume
2026-03-06
2026-04-03
-1.6%
Ordinary volume
2021-07-09
2021-08-06
-4.3%
Ordinary volume
2021-08-13
2021-09-10
-0.6%
Ordinary volume
2021-11-05
2021-12-03
-5.0%
Ordinary volume
2022-05-13
2022-06-10
5.6%
Ordinary volume
2022-12-16
2023-01-13
9.7%
Ordinary volume
2023-01-20
2023-02-17
-2.7%
Ordinary volume
2023-03-24
2023-04-21
6.0%
Ordinary volume
2023-04-21
2023-05-19
-5.5%
Ordinary volume
2023-08-18
2023-09-15
-1.5%
Ordinary volume
2023-12-01
2023-12-29
1.8%
Ordinary volume
2024-08-09
2024-09-06
4.2%
Ordinary volume
2024-09-27
2024-10-25
0.2%
Ordinary volume
2024-11-01
2024-11-29
0.2%
Ordinary volume
2024-12-06
2025-01-03
3.6%
Ordinary volume
2025-03-28
2025-04-25
22.9%
Ordinary volume
2025-07-25
2025-08-22
-5.6%
Ordinary volume
2026-03-27
2026-04-24
3.8%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-08-06
2021-11-05
-0.8%
High volume
2021-11-12
2022-02-11
5.4%
High volume
2022-02-25
2022-05-27
-0.9%
High volume
2022-06-17
2022-09-16
-1.6%
High volume
2022-12-30
2023-03-31
-4.3%
High volume
2023-07-14
2023-10-13
-13.5%
High volume
2024-02-09
2024-05-10
0.6%
High volume
2024-05-17
2024-08-16
-0.3%
High volume
2025-01-10
2025-04-11
0.3%
High volume
2025-05-16
2025-08-15
-3.3%
High volume
2025-11-21
2026-02-20
1.7%
High volume
2026-03-06
2026-06-05
-9.5%
Ordinary volume
2021-07-09
2021-10-08
-7.8%
Ordinary volume
2021-11-05
2022-02-04
0.5%
Ordinary volume
2022-05-13
2022-08-12
-1.1%
Ordinary volume
2022-12-16
2023-03-17
-4.6%
Ordinary volume
2023-03-24
2023-06-23
0.9%
Ordinary volume
2023-08-18
2023-11-17
-3.8%
Ordinary volume
2023-12-01
2024-03-01
1.6%
Ordinary volume
2024-08-09
2024-11-08
1.3%
Ordinary volume
2024-11-08
2025-02-07
3.3%
Ordinary volume
2025-03-28
2025-06-27
16.3%
Ordinary volume
2025-07-25
2025-10-24
-6.8%
Ordinary volume
2026-03-27
2026-06-26
-8.4%
Price, activity and volume balance
Where volume is concentrated
2026-09-25Close 28,500.00
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 price27,978.07
Earlier activity area25,333.41 โ 34,200.80
Recent volume balance39.9%
Recent weekly volume2.37ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-03
34,135.86
121263
2025-10-10
33,696.34
636
2025-10-17
33,012.64
1944
2025-10-24
32,768.47
2156
2025-10-31
32,231.28
2655
2025-11-07
33,305.66
3135
2025-11-14
32,670.80
2151
2025-11-21
29,203.49
16676
2025-11-28
29,984.86
8576
2025-12-05
30,473.21
2569
2025-12-12
30,570.88
1723
2025-12-19
30,277.87
4768
2025-12-26
29,350.00
8625
2026-01-02
29,300.00
4577
2026-01-09
28,950.00
7246
2026-01-16
28,950.00
6680
2026-01-23
28,700.00
9416
2026-01-30
28,450.00
5829
2026-02-06
28,300.00
6051
2026-02-13
28,850.00
4673
2026-02-20
29,700.00
4304
2026-02-27
30,000.00
13243
2026-03-06
28,000.00
16516
2026-03-13
27,950.00
6878
2026-03-20
28,200.00
4433
2026-03-27
27,900.00
5128
2026-04-03
27,550.00
2415
2026-04-10
27,750.00
3592
2026-04-17
28,050.00
5265
2026-04-24
28,950.00
4999
2026-05-01
29,050.00
7014
2026-05-08
28,000.00
3374
2026-05-15
27,050.00
6601
2026-05-22
27,000.00
2363
2026-05-29
25,850.00
3021
2026-06-05
25,350.00
334
2026-06-12
25,100.00
507
2026-06-19
25,700.00
1400
2026-06-26
25,550.00
363
2026-07-03
26,050.00
619
2026-07-10
25,500.00
62
2026-07-17
25,550.00
2063
2026-07-24
25,700.00
477
2026-07-31
24,400.00
191
2026-08-07
26,050.00
2133
2026-08-14
27,250.00
2847
2026-08-21
25,900.00
996
2026-08-28
26,600.00
9781
2026-09-04
27,650.00
31112
2026-09-11
27,300.00
11132
2026-09-18
27,600.00
3780
2026-09-25
28,500.00
5363
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -12.08% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed +7.14% over four weeks. Volume balance is +39.8% on a scale from โ100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 2.37ร 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
15
-0.43
Available
13 weeks
8
-0.6
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.