GER ยท EQUITY ยท ENHANCED MARKET DYNAMICS

CSH

CENIT Aktiengesellschaft

DE ยท Technology ยท Software - Application

EMD SCORE47/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions remain cautious, although the latest readings are improving.

Early repair20% directional agreement74% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 7.06
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 3 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท EUR +100+500-50-100 15.4410.445.44 8 Sep 2023 ยท EMD 71/100 ยท close 14.16 15 Sep 2023 ยท EMD 73/100 ยท close 14.21 22 Sep 2023 ยท EMD 65/100 ยท close 13.41 29 Sep 2023 ยท EMD 67/100 ยท close 13.01 6 Oct 2023 ยท EMD 57/100 ยท close 12.81 13 Oct 2023 ยท EMD 57/100 ยท close 13.31 20 Oct 2023 ยท EMD 49/100 ยท close 12.76 27 Oct 2023 ยท EMD 40/100 ยท close 11.86 3 Nov 2023 ยท EMD 46/100 ยท close 12.21 10 Nov 2023 ยท EMD 35/100 ยท close 11.81 17 Nov 2023 ยท EMD 44/100 ยท close 12.66 24 Nov 2023 ยท EMD 38/100 ยท close 12.01 1 Dec 2023 ยท EMD 44/100 ยท close 12.41 8 Dec 2023 ยท EMD 42/100 ยท close 12.46 15 Dec 2023 ยท EMD 35/100 ยท close 12.11 22 Dec 2023 ยท EMD 34/100 ยท close 11.91 29 Dec 2023 ยท EMD 40/100 ยท close 12.21 5 Jan 2024 ยท EMD 43/100 ยท close 12.66 12 Jan 2024 ยท EMD 46/100 ยท close 12.96 19 Jan 2024 ยท EMD 71/100 ยท close 14.16 26 Jan 2024 ยท EMD 68/100 ยท close 14.60 2 Feb 2024 ยท EMD 55/100 ยท close 13.31 9 Feb 2024 ยท EMD 81/100 ยท close 14.90 16 Feb 2024 ยท EMD 67/100 ยท close 14.11 23 Feb 2024 ยท EMD 48/100 ยท close 12.91 1 Mar 2024 ยท EMD 68/100 ยท close 13.66 8 Mar 2024 ยท EMD 58/100 ยท close 13.41 15 Mar 2024 ยท EMD 56/100 ยท close 13.11 22 Mar 2024 ยท EMD 44/100 ยท close 12.26 29 Mar 2024 ยท EMD 42/100 ยท close 12.51 5 Apr 2024 ยท EMD 48/100 ยท close 12.96 12 Apr 2024 ยท EMD 43/100 ยท close 12.66 19 Apr 2024 ยท EMD 44/100 ยท close 12.66 26 Apr 2024 ยท EMD 46/100 ยท close 12.96 3 May 2024 ยท EMD 40/100 ยท close 12.46 10 May 2024 ยท EMD 36/100 ยท close 12.06 17 May 2024 ยท EMD 33/100 ยท close 11.96 24 May 2024 ยท EMD 41/100 ยท close 12.16 31 May 2024 ยท EMD 34/100 ยท close 12.26 7 Jun 2024 ยท EMD 48/100 ยท close 13.00 14 Jun 2024 ยท EMD 42/100 ยท close 12.10 21 Jun 2024 ยท EMD 33/100 ยท close 11.60 28 Jun 2024 ยท EMD 32/100 ยท close 11.30 5 Jul 2024 ยท EMD 34/100 ยท close 11.50 12 Jul 2024 ยท EMD 31/100 ยท close 11.50 19 Jul 2024 ยท EMD 45/100 ยท close 12.40 26 Jul 2024 ยท EMD 45/100 ยท close 12.90 2 Aug 2024 ยท EMD 41/100 ยท close 12.40 9 Aug 2024 ยท EMD 48/100 ยท close 12.30 16 Aug 2024 ยท EMD 40/100 ยท close 12.00 23 Aug 2024 ยท EMD 37/100 ยท close 11.80 30 Aug 2024 ยท EMD 33/100 ยท close 11.30 6 Sep 2024 ยท EMD 32/100 ยท close 11.20 13 Sep 2024 ยท EMD 32/100 ยท close 11.10 20 Sep 2024 ยท EMD 39/100 ยท close 11.50 27 Sep 2024 ยท EMD 41/100 ยท close 11.60 4 Oct 2024 ยท EMD 35/100 ยท close 11.40 11 Oct 2024 ยท EMD 37/100 ยท close 11.30 18 Oct 2024 ยท EMD 33/100 ยท close 11.10 25 Oct 2024 ยท EMD 37/100 ยท close 11.30 1 Nov 2024 ยท EMD 24/100 ยท close 9.50 8 Nov 2024 ยท EMD 21/100 ยท close 9.00 15 Nov 2024 ยท EMD 23/100 ยท close 8.30 22 Nov 2024 ยท EMD 31/100 ยท close 8.50 29 Nov 2024 ยท EMD 26/100 ยท close 8.30 6 Dec 2024 ยท EMD 25/100 ยท close 8.00 13 Dec 2024 ยท EMD 25/100 ยท close 7.65 20 Dec 2024 ยท EMD 24/100 ยท close 7.35 27 Dec 2024 ยท EMD 29/100 ยท close 7.45 3 Jan 2025 ยท EMD 30/100 ยท close 7.65 10 Jan 2025 ยท EMD 22/100 ยท close 7.45 17 Jan 2025 ยท EMD 33/100 ยท close 8.25 24 Jan 2025 ยท EMD 33/100 ยท close 8.35 31 Jan 2025 ยท EMD 37/100 ยท close 8.50 7 Feb 2025 ยท EMD 26/100 ยท close 7.50 14 Feb 2025 ยท EMD 29/100 ยท close 7.50 21 Feb 2025 ยท EMD 30/100 ยท close 7.55 28 Feb 2025 ยท EMD 28/100 ยท close 7.25 7 Mar 2025 ยท EMD 46/100 ยท close 8.45 14 Mar 2025 ยท EMD 43/100 ยท close 8.50 21 Mar 2025 ยท EMD 45/100 ยท close 8.60 28 Mar 2025 ยท EMD 43/100 ยท close 8.20 4 Apr 2025 ยท EMD 33/100 ยท close 7.40 11 Apr 2025 ยท EMD 41/100 ยท close 7.66 18 Apr 2025 ยท EMD 38/100 ยท close 8.02 25 Apr 2025 ยท EMD 40/100 ยท close 8.12 2 May 2025 ยท EMD 46/100 ยท close 8.26 9 May 2025 ยท EMD 49/100 ยท close 8.36 16 May 2025 ยท EMD 55/100 ยท close 8.70 23 May 2025 ยท EMD 54/100 ยท close 8.72 30 May 2025 ยท EMD 62/100 ยท close 8.86 6 Jun 2025 ยท EMD 63/100 ยท close 9.12 13 Jun 2025 ยท EMD 57/100 ยท close 8.50 20 Jun 2025 ยท EMD 62/100 ยท close 8.90 27 Jun 2025 ยท EMD 59/100 ยท close 8.72 4 Jul 2025 ยท EMD 58/100 ยท close 8.52 11 Jul 2025 ยท EMD 57/100 ยท close 8.30 18 Jul 2025 ยท EMD 47/100 ยท close 7.82 25 Jul 2025 ยท EMD 42/100 ยท close 7.88 1 Aug 2025 ยท EMD 37/100 ยท close 7.62 8 Aug 2025 ยท EMD 32/100 ยท close 7.50 15 Aug 2025 ยท EMD 34/100 ยท close 7.38 22 Aug 2025 ยท EMD 34/100 ยท close 7.34 29 Aug 2025 ยท EMD 35/100 ยท close 7.42 5 Sep 2025 ยท EMD 32/100 ยท close 7.26 12 Sep 2025 ยท EMD 35/100 ยท close 7.44 19 Sep 2025 ยท EMD 35/100 ยท close 7.56 26 Sep 2025 ยท EMD 30/100 ยท close 7.44 3 Oct 2025 ยท EMD 28/100 ยท close 7.22 10 Oct 2025 ยท EMD 30/100 ยท close 7.18 17 Oct 2025 ยท EMD 32/100 ยท close 7.32 24 Oct 2025 ยท EMD 31/100 ยท close 7.32 31 Oct 2025 ยท EMD 30/100 ยท close 7.06 7 Nov 2025 ยท EMD 36/100 ยท close 7.10 14 Nov 2025 ยท EMD 33/100 ยท close 6.94 21 Nov 2025 ยท EMD 27/100 ยท close 6.40 28 Nov 2025 ยท EMD 41/100 ยท close 6.94 5 Dec 2025 ยท EMD 45/100 ยท close 7.36 12 Dec 2025 ยท EMD 44/100 ยท close 7.30 19 Dec 2025 ยท EMD 45/100 ยท close 7.28 26 Dec 2025 ยท EMD 44/100 ยท close 7.20 2 Jan 2026 ยท EMD 47/100 ยท close 7.36 9 Jan 2026 ยท EMD 45/100 ยท close 7.40 16 Jan 2026 ยท EMD 48/100 ยท close 7.46 23 Jan 2026 ยท EMD 44/100 ยท close 7.12 30 Jan 2026 ยท EMD 43/100 ยท close 7.02 6 Feb 2026 ยท EMD 33/100 ยท close 6.62 13 Feb 2026 ยท EMD 31/100 ยท close 6.40 20 Feb 2026 ยท EMD 35/100 ยท close 6.60 27 Feb 2026 ยท EMD 35/100 ยท close 6.50 6 Mar 2026 ยท EMD 31/100 ยท close 6.20 13 Mar 2026 ยท EMD 30/100 ยท close 6.16 20 Mar 2026 ยท EMD 28/100 ยท close 5.98 27 Mar 2026 ยท EMD 32/100 ยท close 6.26 3 Apr 2026 ยท EMD 37/100 ยท close 6.30 10 Apr 2026 ยท EMD 40/100 ยท close 6.50 17 Apr 2026 ยท EMD 41/100 ยท close 6.74 24 Apr 2026 ยท EMD 35/100 ยท close 6.68 1 May 2026 ยท EMD 44/100 ยท close 6.64 8 May 2026 ยท EMD 39/100 ยท close 6.48 15 May 2026 ยท EMD 59/100 ยท close 6.96 22 May 2026 ยท EMD 72/100 ยท close 7.66 29 May 2026 ยท EMD 92/100 ยท close 9.70 5 Jun 2026 ยท EMD 84/100 ยท close 8.54 12 Jun 2026 ยท EMD 83/100 ยท close 8.22 19 Jun 2026 ยท EMD 85/100 ยท close 8.84 26 Jun 2026 ยท EMD 78/100 ยท close 8.34 3 Jul 2026 ยท EMD 84/100 ยท close 8.64 10 Jul 2026 ยท EMD 64/100 ยท close 7.34 17 Jul 2026 ยท EMD 60/100 ยท close 7.24 24 Jul 2026 ยท EMD 58/100 ยท close 7.22 31 Jul 2026 ยท EMD 36/100 ยท close 6.64 7 Aug 2026 ยท EMD 42/100 ยท close 6.74 14 Aug 2026 ยท EMD 41/100 ยท close 6.80 21 Aug 2026 ยท EMD 48/100 ยท close 7.10 28 Aug 2026 ยท EMD 47/100 ยท close 7.06 22 Sep 2023 ยท Down-cycle confirmed ยท close 13.41 2 Feb 2024 ยท Down-cycle confirmed ยท close 13.31 16 Feb 2024 ยท Down-cycle confirmed ยท close 14.11 28 Nov 2025 ยท Up-cycle confirmed ยท close 6.94 17 Apr 2026 ยท Up-cycle confirmed ยท close 6.74 15 May 2026 ยท Up-cycle confirmed ยท close 6.96 21 Aug 2026 ยท Up-cycle confirmed ยท close 7.10 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 13%Current EMD -5.64-week EMD change +22.7156-week price range EUR 5.98โ€“14.90

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

36/100-0.53

Cautious pressure beneath price
4-week change -0.36

02

Trend and deviation

30/100-0.6% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

56/1004w +6.3% ยท 13w -27.2%

Momentum is supportive
SMI 0.49

04

Price-volume pressure

57/10057% constructive pressure

Volume is confirming the close
Volume ratio 2.36x

05

Relative leadership

18/100-9.08

The ticker is lagging its benchmark
4-week change +3.28

06

Modeled Trend

82/100Modeled Trend 0.60

Modeled Trend is supportive
Smoothed Modeled Trend 0.51

Evidence context