MIL ยท ETF ยท ENHANCED MARKET DYNAMICS

ACTIO

Fineco AM Active Collection World UCITS ETF A EUR Acc

IT

EMD SCORE76/100

CURRENT COMPLETED-WEEK READ

Strongly constructive

The latest completed-week readings are broadly supportive. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build67% directional agreement89% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 12.61
Evidence
61 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 supportive ยท 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
4 Jul 2025โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท EUR +100+500-50-100 12.8711.369.86 4 Jul 2025 ยท EMD 45/100 ยท close 10.02 11 Jul 2025 ยท EMD 45/100 ยท close 10.11 18 Jul 2025 ยท EMD 42/100 ยท close 10.24 25 Jul 2025 ยท EMD 46/100 ยท close 10.31 1 Aug 2025 ยท EMD 46/100 ยท close 10.31 8 Aug 2025 ยท EMD 46/100 ยท close 10.31 15 Aug 2025 ยท EMD 46/100 ยท close 10.45 22 Aug 2025 ยท EMD 43/100 ยท close 10.50 29 Aug 2025 ยท EMD 44/100 ยท close 10.55 5 Sep 2025 ยท EMD 43/100 ยท close 10.46 12 Sep 2025 ยท EMD 55/100 ยท close 10.63 19 Sep 2025 ยท EMD 56/100 ยท close 10.69 26 Sep 2025 ยท EMD 45/100 ยท close 10.68 3 Oct 2025 ยท EMD 50/100 ยท close 10.88 10 Oct 2025 ยท EMD 54/100 ยท close 10.99 17 Oct 2025 ยท EMD 49/100 ยท close 10.84 24 Oct 2025 ยท EMD 59/100 ยท close 10.99 31 Oct 2025 ยท EMD 58/100 ยท close 11.15 7 Nov 2025 ยท EMD 42/100 ยท close 10.72 14 Nov 2025 ยท EMD 48/100 ยท close 10.90 21 Nov 2025 ยท EMD 46/100 ยท close 10.80 28 Nov 2025 ยท EMD 45/100 ยท close 11.15 5 Dec 2025 ยท EMD 58/100 ยท close 11.20 12 Dec 2025 ยท EMD 43/100 ยท close 10.88 19 Dec 2025 ยท EMD 57/100 ยท close 11.03 26 Dec 2025 ยท EMD 49/100 ยท close 11.18 2 Jan 2026 ยท EMD 48/100 ยท close 11.21 9 Jan 2026 ยท EMD 54/100 ยท close 11.42 16 Jan 2026 ยท EMD 55/100 ยท close 11.46 23 Jan 2026 ยท EMD 73/100 ยท close 11.24 30 Jan 2026 ยท EMD 70/100 ยท close 11.15 6 Feb 2026 ยท EMD 68/100 ยท close 11.21 13 Feb 2026 ยท EMD 60/100 ยท close 11.06 20 Feb 2026 ยท EMD 67/100 ยท close 11.33 27 Feb 2026 ยท EMD 62/100 ยท close 11.26 6 Mar 2026 ยท EMD 53/100 ยท close 11.00 13 Mar 2026 ยท EMD 66/100 ยท close 11.16 20 Mar 2026 ยท EMD 39/100 ยท close 10.56 27 Mar 2026 ยท EMD 37/100 ยท close 10.41 3 Apr 2026 ยท EMD 59/100 ยท close 11.41 10 Apr 2026 ยท EMD 50/100 ยท close 10.88 17 Apr 2026 ยท EMD 67/100 ยท close 11.89 24 Apr 2026 ยท EMD 70/100 ยท close 11.54 1 May 2026 ยท EMD 70/100 ยท close 11.66 8 May 2026 ยท EMD 74/100 ยท close 11.84 15 May 2026 ยท EMD 70/100 ยท close 11.98 22 May 2026 ยท EMD 77/100 ยท close 12.16 29 May 2026 ยท EMD 78/100 ยท close 12.22 5 Jun 2026 ยท EMD 78/100 ยท close 12.18 12 Jun 2026 ยท EMD 77/100 ยท close 12.17 19 Jun 2026 ยท EMD 70/100 ยท close 12.36 26 Jun 2026 ยท EMD 68/100 ยท close 12.24 3 Jul 2026 ยท EMD 68/100 ยท close 12.44 10 Jul 2026 ยท EMD 69/100 ยท close 12.46 17 Jul 2026 ยท EMD 62/100 ยท close 12.31 24 Jul 2026 ยท EMD 68/100 ยท close 12.37 31 Jul 2026 ยท EMD 62/100 ยท close 12.24 7 Aug 2026 ยท EMD 71/100 ยท close 12.69 14 Aug 2026 ยท EMD 61/100 ยท close 12.71 21 Aug 2026 ยท EMD 62/100 ยท close 12.46 28 Aug 2026 ยท EMD 76/100 ยท close 12.61 12 Sep 2025 ยท Up-cycle confirmed ยท close 10.63 4 Jul 202530 Jan 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 93%Current EMD +51.04-week EMD change +26.1156-week price range EUR 10.02โ€“12.71

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

79/1000.51

Strengthening beneath price
4-week change -0.20

02

Trend and deviation

90/100+6.6% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

71/1004w +3.0% ยท 13w +3.2%

Momentum is supportive
SMI 0.78

04

Price-volume pressure

100/100100% constructive pressure

Volume is confirming the close
Volume ratio 3.46x

05

Relative leadership

40/100-2.50

The ticker is lagging its benchmark
4-week change +2.21

06

Modeled Trend

90/100Modeled Trend 0.90

Modeled Trend is supportive
Smoothed Modeled Trend 0.70

Evidence context