GER ยท ETF ยท ENHANCED MARKET DYNAMICS

WELB

Amundi MSCI ACWI SRI PAB UCITS ETF

DE

EMD SCORE79/100

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
USD 18.07
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

6 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 USD +100+500-50-100 18.5414.109.66 8 Sep 2023 ยท EMD 55/100 ยท close 11.03 15 Sep 2023 ยท EMD 55/100 ยท close 11.07 22 Sep 2023 ยท EMD 49/100 ยท close 10.77 29 Sep 2023 ยท EMD 54/100 ยท close 10.64 6 Oct 2023 ยท EMD 47/100 ยท close 10.55 13 Oct 2023 ยท EMD 45/100 ยท close 10.60 20 Oct 2023 ยท EMD 41/100 ยท close 10.27 27 Oct 2023 ยท EMD 37/100 ยท close 10.14 3 Nov 2023 ยท EMD 51/100 ยท close 10.71 10 Nov 2023 ยท EMD 45/100 ยท close 10.62 17 Nov 2023 ยท EMD 53/100 ยท close 11.07 24 Nov 2023 ยท EMD 56/100 ยท close 11.19 1 Dec 2023 ยท EMD 64/100 ยท close 11.26 8 Dec 2023 ยท EMD 57/100 ยท close 11.29 15 Dec 2023 ยท EMD 65/100 ยท close 11.71 22 Dec 2023 ยท EMD 73/100 ยท close 11.78 29 Dec 2023 ยท EMD 73/100 ยท close 11.88 5 Jan 2024 ยท EMD 68/100 ยท close 11.64 12 Jan 2024 ยท EMD 74/100 ยท close 11.71 19 Jan 2024 ยท EMD 72/100 ยท close 11.60 26 Jan 2024 ยท EMD 80/100 ยท close 11.79 2 Feb 2024 ยท EMD 74/100 ยท close 11.81 9 Feb 2024 ยท EMD 83/100 ยท close 11.96 16 Feb 2024 ยท EMD 79/100 ยท close 12.06 23 Feb 2024 ยท EMD 77/100 ยท close 12.15 1 Mar 2024 ยท EMD 78/100 ยท close 12.21 8 Mar 2024 ยท EMD 82/100 ยท close 12.36 15 Mar 2024 ยท EMD 65/100 ยท close 12.15 22 Mar 2024 ยท EMD 71/100 ยท close 12.34 29 Mar 2024 ยท EMD 72/100 ยท close 12.42 5 Apr 2024 ยท EMD 63/100 ยท close 12.18 12 Apr 2024 ยท EMD 61/100 ยท close 11.98 19 Apr 2024 ยท EMD 55/100 ยท close 11.63 26 Apr 2024 ยท EMD 63/100 ยท close 11.93 3 May 2024 ยท EMD 59/100 ยท close 12.06 10 May 2024 ยท EMD 60/100 ยท close 12.28 17 May 2024 ยท EMD 67/100 ยท close 12.42 24 May 2024 ยท EMD 59/100 ยท close 12.31 31 May 2024 ยท EMD 54/100 ยท close 12.09 7 Jun 2024 ยท EMD 65/100 ยท close 12.40 14 Jun 2024 ยท EMD 65/100 ยท close 12.43 21 Jun 2024 ยท EMD 63/100 ยท close 12.54 28 Jun 2024 ยท EMD 73/100 ยท close 12.63 5 Jul 2024 ยท EMD 74/100 ยท close 12.81 12 Jul 2024 ยท EMD 76/100 ยท close 13.16 19 Jul 2024 ยท EMD 67/100 ยท close 12.74 26 Jul 2024 ยท EMD 69/100 ยท close 12.59 2 Aug 2024 ยท EMD 61/100 ยท close 12.19 9 Aug 2024 ยท EMD 64/100 ยท close 12.28 16 Aug 2024 ยท EMD 65/100 ยท close 12.79 23 Aug 2024 ยท EMD 68/100 ยท close 13.09 30 Aug 2024 ยท EMD 69/100 ยท close 13.02 6 Sep 2024 ยท EMD 66/100 ยท close 12.60 13 Sep 2024 ยท EMD 72/100 ยท close 13.09 20 Sep 2024 ยท EMD 71/100 ยท close 13.19 27 Sep 2024 ยท EMD 74/100 ยท close 13.53 4 Oct 2024 ยท EMD 68/100 ยท close 13.29 11 Oct 2024 ยท EMD 73/100 ยท close 13.43 18 Oct 2024 ยท EMD 67/100 ยท close 13.37 25 Oct 2024 ยท EMD 72/100 ยท close 13.29 1 Nov 2024 ยท EMD 67/100 ยท close 13.10 8 Nov 2024 ยท EMD 75/100 ยท close 13.54 15 Nov 2024 ยท EMD 63/100 ยท close 13.24 22 Nov 2024 ยท EMD 74/100 ยท close 13.45 29 Nov 2024 ยท EMD 73/100 ยท close 13.57 6 Dec 2024 ยท EMD 69/100 ยท close 13.73 13 Dec 2024 ยท EMD 62/100 ยท close 13.61 20 Dec 2024 ยท EMD 62/100 ยท close 13.25 27 Dec 2024 ยท EMD 60/100 ยท close 13.28 3 Jan 2025 ยท EMD 55/100 ยท close 13.14 10 Jan 2025 ยท EMD 44/100 ยท close 12.91 17 Jan 2025 ยท EMD 61/100 ยท close 13.37 24 Jan 2025 ยท EMD 58/100 ยท close 13.60 31 Jan 2025 ยท EMD 63/100 ยท close 13.52 7 Feb 2025 ยท EMD 59/100 ยท close 13.33 14 Feb 2025 ยท EMD 61/100 ยท close 13.44 21 Feb 2025 ยท EMD 55/100 ยท close 13.50 28 Feb 2025 ยท EMD 48/100 ยท close 13.04 7 Mar 2025 ยท EMD 37/100 ยท close 12.81 14 Mar 2025 ยท EMD 40/100 ยท close 12.70 21 Mar 2025 ยท EMD 38/100 ยท close 12.73 28 Mar 2025 ยท EMD 35/100 ยท close 12.62 4 Apr 2025 ยท EMD 33/100 ยท close 11.76 11 Apr 2025 ยท EMD 38/100 ยท close 11.91 18 Apr 2025 ยท EMD 34/100 ยท close 12.09 25 Apr 2025 ยท EMD 39/100 ยท close 12.52 2 May 2025 ยท EMD 42/100 ยท close 13.02 9 May 2025 ยท EMD 45/100 ยท close 13.14 16 May 2025 ยท EMD 52/100 ยท close 13.64 23 May 2025 ยท EMD 46/100 ยท close 13.46 30 May 2025 ยท EMD 52/100 ยท close 13.66 6 Jun 2025 ยท EMD 58/100 ยท close 13.93 13 Jun 2025 ยท EMD 57/100 ยท close 13.95 20 Jun 2025 ยท EMD 57/100 ยท close 13.80 27 Jun 2025 ยท EMD 69/100 ยท close 14.30 4 Jul 2025 ยท EMD 65/100 ยท close 14.35 11 Jul 2025 ยท EMD 63/100 ยท close 14.31 18 Jul 2025 ยท EMD 70/100 ยท close 14.35 25 Jul 2025 ยท EMD 70/100 ยท close 14.48 1 Aug 2025 ยท EMD 65/100 ยท close 13.96 8 Aug 2025 ยท EMD 69/100 ยท close 14.30 15 Aug 2025 ยท EMD 68/100 ยท close 14.47 22 Aug 2025 ยท EMD 70/100 ยท close 14.65 29 Aug 2025 ยท EMD 65/100 ยท close 14.43 5 Sep 2025 ยท EMD 72/100 ยท close 14.45 12 Sep 2025 ยท EMD 72/100 ยท close 14.67 19 Sep 2025 ยท EMD 73/100 ยท close 14.85 26 Sep 2025 ยท EMD 69/100 ยท close 14.81 3 Oct 2025 ยท EMD 83/100 ยท close 15.22 10 Oct 2025 ยท EMD 63/100 ยท close 14.81 17 Oct 2025 ยท EMD 76/100 ยท close 14.96 24 Oct 2025 ยท EMD 79/100 ยท close 15.16 31 Oct 2025 ยท EMD 70/100 ยท close 15.14 7 Nov 2025 ยท EMD 65/100 ยท close 14.72 14 Nov 2025 ยท EMD 67/100 ยท close 14.94 21 Nov 2025 ยท EMD 60/100 ยท close 14.48 28 Nov 2025 ยท EMD 70/100 ยท close 15.02 5 Dec 2025 ยท EMD 71/100 ยท close 15.26 12 Dec 2025 ยท EMD 64/100 ยท close 15.21 19 Dec 2025 ยท EMD 72/100 ยท close 15.22 26 Dec 2025 ยท EMD 71/100 ยท close 15.33 2 Jan 2026 ยท EMD 71/100 ยท close 15.43 9 Jan 2026 ยท EMD 75/100 ยท close 15.92 16 Jan 2026 ยท EMD 77/100 ยท close 16.03 23 Jan 2026 ยท EMD 79/100 ยท close 15.99 30 Jan 2026 ยท EMD 75/100 ยท close 16.05 6 Feb 2026 ยท EMD 80/100 ยท close 15.99 13 Feb 2026 ยท EMD 74/100 ยท close 16.11 20 Feb 2026 ยท EMD 84/100 ยท close 16.21 27 Feb 2026 ยท EMD 79/100 ยท close 16.22 6 Mar 2026 ยท EMD 70/100 ยท close 15.51 13 Mar 2026 ยท EMD 62/100 ยท close 15.16 20 Mar 2026 ยท EMD 57/100 ยท close 14.90 27 Mar 2026 ยท EMD 49/100 ยท close 14.71 3 Apr 2026 ยท EMD 55/100 ยท close 15.14 10 Apr 2026 ยท EMD 66/100 ยท close 15.83 17 Apr 2026 ยท EMD 72/100 ยท close 16.46 24 Apr 2026 ยท EMD 78/100 ยท close 16.44 1 May 2026 ยท EMD 77/100 ยท close 16.38 8 May 2026 ยท EMD 81/100 ยท close 16.87 15 May 2026 ยท EMD 75/100 ยท close 16.64 22 May 2026 ยท EMD 78/100 ยท close 16.84 29 May 2026 ยท EMD 81/100 ยท close 17.08 5 Jun 2026 ยท EMD 77/100 ยท close 17.03 12 Jun 2026 ยท EMD 81/100 ยท close 17.43 19 Jun 2026 ยท EMD 82/100 ยท close 17.62 26 Jun 2026 ยท EMD 81/100 ยท close 17.44 3 Jul 2026 ยท EMD 81/100 ยท close 17.76 10 Jul 2026 ยท EMD 81/100 ยท close 17.63 17 Jul 2026 ยท EMD 76/100 ยท close 17.28 24 Jul 2026 ยท EMD 76/100 ยท close 17.30 31 Jul 2026 ยท EMD 73/100 ยท close 17.29 7 Aug 2026 ยท EMD 81/100 ยท close 17.95 14 Aug 2026 ยท EMD 79/100 ยท close 18.05 21 Aug 2026 ยท EMD 76/100 ยท close 17.96 28 Aug 2026 ยท EMD 79/100 ยท close 18.07 17 Nov 2023 ยท Up-cycle confirmed ยท close 11.07 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 94%Current EMD +58.44-week EMD change +12.1156-week price range USD 10.14โ€“18.07

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

83/1000.67

Strengthening beneath price
4-week change +0.29

02

Trend and deviation

92/100+8.1% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

76/1004w +4.5% ยท 13w +5.8%

Momentum is supportive
SMI 0.96

04

Price-volume pressure

68/10068% constructive pressure

Volume is confirming the close
Volume ratio 1.71x

05

Relative leadership

65/1003.67

Leadership is supportive
4-week change -0.24

06

Modeled Trend

91/100Modeled Trend 0.90

Modeled Trend is supportive
Smoothed Modeled Trend 0.78

Evidence context