GER ยท ETF ยท ENHANCED MARKET DYNAMICS

BNXG

Invesco CoinShares Global Blockchain UCITS ETF

DE

EMD SCORE73/100

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 build100% directional agreement100% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 164.90
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 supportive ยท 0 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+500-50-100 180.05114.0448.03 8 Sep 2023 ยท EMD 45/100 ยท close 57.92 15 Sep 2023 ยท EMD 50/100 ยท close 59.43 22 Sep 2023 ยท EMD 43/100 ยท close 56.74 29 Sep 2023 ยท EMD 50/100 ยท close 56.76 6 Oct 2023 ยท EMD 48/100 ยท close 56.54 13 Oct 2023 ยท EMD 41/100 ยท close 56.13 20 Oct 2023 ยท EMD 43/100 ยท close 55.40 27 Oct 2023 ยท EMD 42/100 ยท close 55.10 3 Nov 2023 ยท EMD 56/100 ยท close 59.65 10 Nov 2023 ยท EMD 51/100 ยท close 58.95 17 Nov 2023 ยท EMD 54/100 ยท close 59.50 24 Nov 2023 ยท EMD 71/100 ยท close 62.06 1 Dec 2023 ยท EMD 86/100 ยท close 67.02 8 Dec 2023 ยท EMD 86/100 ยท close 73.75 15 Dec 2023 ยท EMD 92/100 ยท close 74.80 22 Dec 2023 ยท EMD 94/100 ยท close 77.87 29 Dec 2023 ยท EMD 92/100 ยท close 81.95 5 Jan 2024 ยท EMD 76/100 ยท close 74.70 12 Jan 2024 ยท EMD 73/100 ยท close 70.70 19 Jan 2024 ยท EMD 65/100 ยท close 66.84 26 Jan 2024 ยท EMD 80/100 ยท close 70.49 2 Feb 2024 ยท EMD 78/100 ยท close 71.62 9 Feb 2024 ยท EMD 85/100 ยท close 77.02 16 Feb 2024 ยท EMD 88/100 ยท close 86.49 23 Feb 2024 ยท EMD 80/100 ยท close 81.61 1 Mar 2024 ยท EMD 86/100 ยท close 85.92 8 Mar 2024 ยท EMD 87/100 ยท close 88.25 15 Mar 2024 ยท EMD 79/100 ยท close 86.93 22 Mar 2024 ยท EMD 87/100 ยท close 91.49 29 Mar 2024 ยท EMD 88/100 ยท close 96.08 5 Apr 2024 ยท EMD 83/100 ยท close 88.44 12 Apr 2024 ยท EMD 83/100 ยท close 86.80 19 Apr 2024 ยท EMD 77/100 ยท close 81.35 26 Apr 2024 ยท EMD 77/100 ยท close 85.33 3 May 2024 ยท EMD 72/100 ยท close 81.69 10 May 2024 ยท EMD 60/100 ยท close 80.00 17 May 2024 ยท EMD 69/100 ยท close 84.19 24 May 2024 ยท EMD 68/100 ยท close 86.22 31 May 2024 ยท EMD 61/100 ยท close 83.03 7 Jun 2024 ยท EMD 72/100 ยท close 88.18 14 Jun 2024 ยท EMD 73/100 ยท close 88.89 21 Jun 2024 ยท EMD 64/100 ยท close 87.22 28 Jun 2024 ยท EMD 67/100 ยท close 86.54 5 Jul 2024 ยท EMD 66/100 ยท close 86.16 12 Jul 2024 ยท EMD 65/100 ยท close 87.79 19 Jul 2024 ยท EMD 66/100 ยท close 91.01 26 Jul 2024 ยท EMD 71/100 ยท close 89.85 2 Aug 2024 ยท EMD 54/100 ยท close 80.42 9 Aug 2024 ยท EMD 54/100 ยท close 78.58 16 Aug 2024 ยท EMD 47/100 ยท close 80.02 23 Aug 2024 ยท EMD 48/100 ยท close 82.90 30 Aug 2024 ยท EMD 44/100 ยท close 80.75 6 Sep 2024 ยท EMD 34/100 ยท close 73.72 13 Sep 2024 ยท EMD 43/100 ยท close 78.74 20 Sep 2024 ยท EMD 44/100 ยท close 79.65 27 Sep 2024 ยท EMD 51/100 ยท close 83.76 4 Oct 2024 ยท EMD 49/100 ยท close 83.02 11 Oct 2024 ยท EMD 49/100 ยท close 83.94 18 Oct 2024 ยท EMD 65/100 ยท close 90.43 25 Oct 2024 ยท EMD 63/100 ยท close 90.79 1 Nov 2024 ยท EMD 60/100 ยท close 89.65 8 Nov 2024 ยท EMD 90/100 ยท close 100.32 15 Nov 2024 ยท EMD 76/100 ยท close 104.06 22 Nov 2024 ยท EMD 88/100 ยท close 110.36 29 Nov 2024 ยท EMD 90/100 ยท close 114.10 6 Dec 2024 ยท EMD 90/100 ยท close 118.48 13 Dec 2024 ยท EMD 87/100 ยท close 114.30 20 Dec 2024 ยท EMD 78/100 ยท close 106.78 27 Dec 2024 ยท EMD 79/100 ยท close 104.36 3 Jan 2025 ยท EMD 81/100 ยท close 107.56 10 Jan 2025 ยท EMD 71/100 ยท close 103.64 17 Jan 2025 ยท EMD 85/100 ยท close 113.52 24 Jan 2025 ยท EMD 82/100 ยท close 113.92 31 Jan 2025 ยท EMD 82/100 ยท close 111.76 7 Feb 2025 ยท EMD 78/100 ยท close 110.90 14 Feb 2025 ยท EMD 70/100 ยท close 110.36 21 Feb 2025 ยท EMD 66/100 ยท close 109.12 28 Feb 2025 ยท EMD 43/100 ยท close 93.73 7 Mar 2025 ยท EMD 36/100 ยท close 89.32 14 Mar 2025 ยท EMD 41/100 ยท close 87.89 21 Mar 2025 ยท EMD 40/100 ยท close 90.46 28 Mar 2025 ยท EMD 33/100 ยท close 85.50 4 Apr 2025 ยท EMD 29/100 ยท close 76.30 11 Apr 2025 ยท EMD 32/100 ยท close 75.59 18 Apr 2025 ยท EMD 31/100 ยท close 78.65 25 Apr 2025 ยท EMD 35/100 ยท close 84.18 2 May 2025 ยท EMD 39/100 ยท close 89.52 9 May 2025 ยท EMD 41/100 ยท close 92.81 16 May 2025 ยท EMD 48/100 ยท close 100.46 23 May 2025 ยท EMD 43/100 ยท close 101.18 30 May 2025 ยท EMD 47/100 ยท close 100.30 6 Jun 2025 ยท EMD 63/100 ยท close 110.40 13 Jun 2025 ยท EMD 60/100 ยท close 107.48 20 Jun 2025 ยท EMD 72/100 ยท close 112.62 27 Jun 2025 ยท EMD 72/100 ยท close 113.92 4 Jul 2025 ยท EMD 76/100 ยท close 120.48 11 Jul 2025 ยท EMD 85/100 ยท close 123.58 18 Jul 2025 ยท EMD 84/100 ยท close 125.26 25 Jul 2025 ยท EMD 84/100 ยท close 125.50 1 Aug 2025 ยท EMD 74/100 ยท close 117.64 8 Aug 2025 ยท EMD 79/100 ยท close 119.94 15 Aug 2025 ยท EMD 79/100 ยท close 121.90 22 Aug 2025 ยท EMD 80/100 ยท close 123.00 29 Aug 2025 ยท EMD 81/100 ยท close 122.82 5 Sep 2025 ยท EMD 73/100 ยท close 119.60 12 Sep 2025 ยท EMD 86/100 ยท close 130.70 19 Sep 2025 ยท EMD 88/100 ยท close 139.56 26 Sep 2025 ยท EMD 80/100 ยท close 136.74 3 Oct 2025 ยท EMD 89/100 ยท close 151.14 10 Oct 2025 ยท EMD 81/100 ยท close 155.00 17 Oct 2025 ยท EMD 82/100 ยท close 154.00 24 Oct 2025 ยท EMD 82/100 ยท close 152.20 31 Oct 2025 ยท EMD 82/100 ยท close 160.44 7 Nov 2025 ยท EMD 75/100 ยท close 144.06 14 Nov 2025 ยท EMD 75/100 ยท close 138.62 21 Nov 2025 ยท EMD 65/100 ยท close 127.30 28 Nov 2025 ยท EMD 78/100 ยท close 144.62 5 Dec 2025 ยท EMD 71/100 ยท close 140.76 12 Dec 2025 ยท EMD 62/100 ยท close 137.56 19 Dec 2025 ยท EMD 66/100 ยท close 133.76 26 Dec 2025 ยท EMD 61/100 ยท close 134.64 2 Jan 2026 ยท EMD 63/100 ยท close 135.26 9 Jan 2026 ยท EMD 69/100 ยท close 144.20 16 Jan 2026 ยท EMD 72/100 ยท close 150.00 23 Jan 2026 ยท EMD 70/100 ยท close 145.60 30 Jan 2026 ยท EMD 60/100 ยท close 139.50 6 Feb 2026 ยท EMD 50/100 ยท close 126.40 13 Feb 2026 ยท EMD 46/100 ยท close 128.30 20 Feb 2026 ยท EMD 47/100 ยท close 129.40 27 Feb 2026 ยท EMD 44/100 ยท close 129.88 6 Mar 2026 ยท EMD 52/100 ยท close 132.12 13 Mar 2026 ยท EMD 50/100 ยท close 130.30 20 Mar 2026 ยท EMD 48/100 ยท close 128.10 27 Mar 2026 ยท EMD 41/100 ยท close 120.14 3 Apr 2026 ยท EMD 44/100 ยท close 123.34 10 Apr 2026 ยท EMD 48/100 ยท close 131.58 17 Apr 2026 ยท EMD 59/100 ยท close 144.84 24 Apr 2026 ยท EMD 62/100 ยท close 147.12 1 May 2026 ยท EMD 63/100 ยท close 143.32 8 May 2026 ยท EMD 77/100 ยท close 156.94 15 May 2026 ยท EMD 74/100 ยท close 157.16 22 May 2026 ยท EMD 88/100 ยท close 164.36 29 May 2026 ยท EMD 89/100 ยท close 170.14 5 Jun 2026 ยท EMD 80/100 ยท close 157.34 12 Jun 2026 ยท EMD 85/100 ยท close 165.82 19 Jun 2026 ยท EMD 85/100 ยท close 172.98 26 Jun 2026 ยท EMD 81/100 ยท close 162.44 3 Jul 2026 ยท EMD 77/100 ยท close 157.10 10 Jul 2026 ยท EMD 76/100 ยท close 158.48 17 Jul 2026 ยท EMD 65/100 ยท close 147.16 24 Jul 2026 ยท EMD 71/100 ยท close 157.26 31 Jul 2026 ยท EMD 61/100 ยท close 150.58 7 Aug 2026 ยท EMD 56/100 ยท close 150.98 14 Aug 2026 ยท EMD 58/100 ยท close 150.66 21 Aug 2026 ยท EMD 70/100 ยท close 160.32 28 Aug 2026 ยท EMD 73/100 ยท close 164.90 1 Dec 2023 ยท Up-cycle confirmed ยท close 67.02 5 Jun 2026 ยท Down-cycle confirmed ยท close 157.34 3 Jul 2026 ยท Down-cycle confirmed ยท close 157.10 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 93%Current EMD +46.74-week EMD change +24.2156-week price range EUR 55.10โ€“172.98

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

47/100-0.28

Cautious pressure beneath price
4-week change +0.05

02

Trend and deviation

97/100+11.9% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

73/1004w +9.5% ยท 13w -3.1%

Momentum is supportive
SMI 0.70

04

Price-volume pressure

65/10065% constructive pressure

Volume is confirming the close
Volume ratio 4.20x

05

Relative leadership

69/1004.85

Leadership is supportive
4-week change +4.41

06

Modeled Trend

89/100Modeled Trend 0.80

Modeled Trend is supportive
Smoothed Modeled Trend 0.75

Evidence context