LSE ยท ETF ยท ENHANCED MARKET DYNAMICS

M9SV

Market Access Stoxx China A Minimum Variance Index UCITS ETF C EUR

GB

EMD SCORE40/100

CURRENT COMPLETED-WEEK READ

Cautious

The balance of evidence is weakening and risk control deserves more attention. Conditions remain cautious, although the latest readings are improving.

Early repair50% directional agreement84% evidence confidence
Completed week
28 Aug 2026
Latest close
GBP 118.65
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 GBP +100+500-50-100 137.26114.0390.80 8 Sep 2023 ยท EMD 41/100 ยท close 93.70 15 Sep 2023 ยท EMD 42/100 ยท close 96.28 22 Sep 2023 ยท EMD 46/100 ยท close 98.14 29 Sep 2023 ยท EMD 47/100 ยท close 98.12 6 Oct 2023 ยท EMD 50/100 ยท close 97.32 13 Oct 2023 ยท EMD 51/100 ยท close 98.66 20 Oct 2023 ยท EMD 45/100 ยท close 94.57 27 Oct 2023 ยท EMD 49/100 ยท close 95.78 3 Nov 2023 ยท EMD 45/100 ยท close 94.89 10 Nov 2023 ยท EMD 49/100 ยท close 96.88 17 Nov 2023 ยท EMD 47/100 ยท close 95.87 24 Nov 2023 ยท EMD 46/100 ยท close 95.07 1 Dec 2023 ยท EMD 44/100 ยท close 93.85 8 Dec 2023 ยท EMD 43/100 ยท close 94.50 15 Dec 2023 ยท EMD 40/100 ยท close 93.29 22 Dec 2023 ยท EMD 39/100 ยท close 93.29 29 Dec 2023 ยท EMD 41/100 ยท close 94.39 5 Jan 2024 ยท EMD 42/100 ยท close 95.00 12 Jan 2024 ยท EMD 41/100 ยท close 94.21 19 Jan 2024 ยท EMD 42/100 ยท close 93.33 26 Jan 2024 ยท EMD 48/100 ยท close 97.15 2 Feb 2024 ยท EMD 46/100 ยท close 94.96 9 Feb 2024 ยท EMD 52/100 ยท close 98.07 16 Feb 2024 ยท EMD 59/100 ยท close 98.82 23 Feb 2024 ยท EMD 76/100 ยท close 103.18 1 Mar 2024 ยท EMD 79/100 ยท close 103.07 8 Mar 2024 ยท EMD 74/100 ยท close 102.18 15 Mar 2024 ยท EMD 70/100 ยท close 100.89 22 Mar 2024 ยท EMD 72/100 ยท close 102.36 29 Mar 2024 ยท EMD 73/100 ยท close 103.08 5 Apr 2024 ยท EMD 78/100 ยท close 106.37 12 Apr 2024 ยท EMD 77/100 ยท close 105.99 19 Apr 2024 ยท EMD 83/100 ยท close 110.25 26 Apr 2024 ยท EMD 79/100 ยท close 108.82 3 May 2024 ยท EMD 80/100 ยท close 110.26 10 May 2024 ยท EMD 79/100 ยท close 111.11 17 May 2024 ยท EMD 70/100 ยท close 109.58 24 May 2024 ยท EMD 73/100 ยท close 107.78 31 May 2024 ยท EMD 70/100 ยท close 108.58 7 Jun 2024 ยท EMD 79/100 ยท close 111.21 14 Jun 2024 ยท EMD 76/100 ยท close 110.33 21 Jun 2024 ยท EMD 75/100 ยท close 110.32 28 Jun 2024 ยท EMD 61/100 ยท close 107.38 5 Jul 2024 ยท EMD 71/100 ยท close 109.74 12 Jul 2024 ยท EMD 69/100 ยท close 110.63 19 Jul 2024 ยท EMD 67/100 ยท close 111.70 26 Jul 2024 ยท EMD 68/100 ยท close 110.46 2 Aug 2024 ยท EMD 53/100 ยท close 103.64 9 Aug 2024 ยท EMD 67/100 ยท close 110.51 16 Aug 2024 ยท EMD 64/100 ยท close 112.34 23 Aug 2024 ยท EMD 60/100 ยท close 110.60 30 Aug 2024 ยท EMD 54/100 ยท close 105.98 6 Sep 2024 ยท EMD 54/100 ยท close 105.43 13 Sep 2024 ยท EMD 41/100 ยท close 102.21 20 Sep 2024 ยท EMD 45/100 ยท close 103.08 27 Sep 2024 ยท EMD 59/100 ยท close 113.69 4 Oct 2024 ยท EMD 87/100 ยท close 134.77 11 Oct 2024 ยท EMD 71/100 ยท close 121.07 18 Oct 2024 ยท EMD 80/100 ยท close 117.64 25 Oct 2024 ยท EMD 80/100 ยท close 118.00 1 Nov 2024 ยท EMD 75/100 ยท close 118.26 8 Nov 2024 ยท EMD 73/100 ยท close 117.13 15 Nov 2024 ยท EMD 83/100 ยท close 117.58 22 Nov 2024 ยท EMD 72/100 ยท close 116.88 29 Nov 2024 ยท EMD 74/100 ยท close 118.03 6 Dec 2024 ยท EMD 74/100 ยท close 118.37 13 Dec 2024 ยท EMD 76/100 ยท close 120.33 20 Dec 2024 ยท EMD 77/100 ยท close 120.12 27 Dec 2024 ยท EMD 84/100 ยท close 122.63 3 Jan 2025 ยท EMD 73/100 ยท close 120.38 10 Jan 2025 ยท EMD 65/100 ยท close 119.88 17 Jan 2025 ยท EMD 74/100 ยท close 122.95 24 Jan 2025 ยท EMD 65/100 ยท close 118.15 31 Jan 2025 ยท EMD 69/100 ยท close 121.58 7 Feb 2025 ยท EMD 68/100 ยท close 120.41 14 Feb 2025 ยท EMD 68/100 ยท close 121.42 21 Feb 2025 ยท EMD 72/100 ยท close 121.11 28 Feb 2025 ยท EMD 52/100 ยท close 113.41 7 Mar 2025 ยท EMD 46/100 ยท close 112.86 14 Mar 2025 ยท EMD 46/100 ยท close 114.51 21 Mar 2025 ยท EMD 44/100 ยท close 113.71 28 Mar 2025 ยท EMD 43/100 ยท close 114.21 4 Apr 2025 ยท EMD 48/100 ยท close 113.37 11 Apr 2025 ยท EMD 52/100 ยท close 112.45 18 Apr 2025 ยท EMD 42/100 ยท close 110.82 25 Apr 2025 ยท EMD 41/100 ยท close 111.57 2 May 2025 ยท EMD 40/100 ยท close 112.37 9 May 2025 ยท EMD 42/100 ยท close 113.61 16 May 2025 ยท EMD 39/100 ยท close 115.09 23 May 2025 ยท EMD 41/100 ยท close 113.70 30 May 2025 ยท EMD 42/100 ยท close 113.43 6 Jun 2025 ยท EMD 43/100 ยท close 113.51 13 Jun 2025 ยท EMD 44/100 ยท close 113.58 20 Jun 2025 ยท EMD 45/100 ยท close 114.08 27 Jun 2025 ยท EMD 44/100 ยท close 112.56 4 Jul 2025 ยท EMD 46/100 ยท close 114.74 11 Jul 2025 ยท EMD 47/100 ยท close 115.47 18 Jul 2025 ยท EMD 47/100 ยท close 114.84 25 Jul 2025 ยท EMD 46/100 ยท close 115.67 1 Aug 2025 ยท EMD 47/100 ยท close 114.40 8 Aug 2025 ยท EMD 42/100 ยท close 113.95 15 Aug 2025 ยท EMD 45/100 ยท close 113.51 22 Aug 2025 ยท EMD 57/100 ยท close 117.03 29 Aug 2025 ยท EMD 53/100 ยท close 117.29 5 Sep 2025 ยท EMD 58/100 ยท close 117.56 12 Sep 2025 ยท EMD 67/100 ยท close 119.38 19 Sep 2025 ยท EMD 60/100 ยท close 118.62 26 Sep 2025 ยท EMD 62/100 ยท close 119.06 3 Oct 2025 ยท EMD 66/100 ยท close 120.12 10 Oct 2025 ยท EMD 56/100 ยท close 117.72 17 Oct 2025 ยท EMD 66/100 ยท close 119.81 24 Oct 2025 ยท EMD 69/100 ยท close 121.59 31 Oct 2025 ยท EMD 61/100 ยท close 123.63 7 Nov 2025 ยท EMD 69/100 ยท close 125.77 14 Nov 2025 ยท EMD 72/100 ยท close 126.58 21 Nov 2025 ยท EMD 62/100 ยท close 124.93 28 Nov 2025 ยท EMD 74/100 ยท close 125.94 5 Dec 2025 ยท EMD 64/100 ยท close 124.01 12 Dec 2025 ยท EMD 66/100 ยท close 122.88 19 Dec 2025 ยท EMD 69/100 ยท close 123.60 26 Dec 2025 ยท EMD 62/100 ยท close 122.61 2 Jan 2026 ยท EMD 63/100 ยท close 124.88 9 Jan 2026 ยท EMD 64/100 ยท close 125.97 16 Jan 2026 ยท EMD 53/100 ยท close 123.37 23 Jan 2026 ยท EMD 58/100 ยท close 122.84 30 Jan 2026 ยท EMD 50/100 ยท close 119.77 6 Feb 2026 ยท EMD 53/100 ยท close 121.49 13 Feb 2026 ยท EMD 50/100 ยท close 121.43 20 Feb 2026 ยท EMD 51/100 ยท close 122.52 27 Feb 2026 ยท EMD 50/100 ยท close 121.19 6 Mar 2026 ยท EMD 53/100 ยท close 121.95 13 Mar 2026 ยท EMD 54/100 ยท close 123.54 20 Mar 2026 ยท EMD 40/100 ยท close 119.28 27 Mar 2026 ยท EMD 45/100 ยท close 118.43 3 Apr 2026 ยท EMD 47/100 ยท close 122.43 10 Apr 2026 ยท EMD 42/100 ยท close 120.75 17 Apr 2026 ยท EMD 45/100 ยท close 122.47 24 Apr 2026 ยท EMD 48/100 ยท close 123.21 1 May 2026 ยท EMD 56/100 ยท close 124.27 8 May 2026 ยท EMD 53/100 ยท close 124.16 15 May 2026 ยท EMD 53/100 ยท close 124.66 22 May 2026 ยท EMD 51/100 ยท close 122.13 29 May 2026 ยท EMD 53/100 ยท close 123.39 5 Jun 2026 ยท EMD 48/100 ยท close 120.88 12 Jun 2026 ยท EMD 49/100 ยท close 122.71 19 Jun 2026 ยท EMD 48/100 ยท close 120.78 26 Jun 2026 ยท EMD 44/100 ยท close 119.28 3 Jul 2026 ยท EMD 41/100 ยท close 117.85 10 Jul 2026 ยท EMD 40/100 ยท close 117.17 17 Jul 2026 ยท EMD 37/100 ยท close 115.46 24 Jul 2026 ยท EMD 38/100 ยท close 117.46 31 Jul 2026 ยท EMD 39/100 ยท close 118.69 7 Aug 2026 ยท EMD 40/100 ยท close 118.86 14 Aug 2026 ยท EMD 41/100 ยท close 118.57 21 Aug 2026 ยท EMD 40/100 ยท close 118.16 28 Aug 2026 ยท EMD 40/100 ยท close 118.65 23 Feb 2024 ยท Up-cycle confirmed ยท close 103.18 11 Oct 2024 ยท Down-cycle confirmed ยท close 121.07 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 72%Current EMD -20.44-week EMD change +1.3156-week price range GBP 93.29โ€“134.77

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

24/100-0.78

Cautious pressure beneath price
4-week change +0.54

02

Trend and deviation

26/100-1.7% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

51/1004w -0.0% ยท 13w -3.8%

Momentum is supportive
SMI 0.14

04

Price-volume pressure

50/10050% constructive pressure

Volume is confirming the close
Volume ratio โ€”x

05

Relative leadership

19/100-8.54

The ticker is lagging its benchmark
4-week change +1.27

06

Modeled Trend

59/100Modeled Trend 0.04

Modeled Trend is supportive
Smoothed Modeled Trend 0.28

Evidence context