EBS ยท EQUITY ยท ENHANCED MARKET DYNAMICS

BCVN

Banque Cantonale Vaudoise

CH ยท Financial Services ยท Banks - Regional

EMD SCORE76/100

CURRENT COMPLETED-WEEK READ

Strongly constructive

The latest completed-week readings are broadly supportive. Conditions remain positive, but momentum has eased.

Constructive fade100% directional agreement100% evidence confidence
Completed week
28 Aug 2026
Latest close
CHF 126.10
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 CHF +100+500-50-100 132.81102.0971.38 8 Sep 2023 ยท EMD 64/100 ยท close 83.93 15 Sep 2023 ยท EMD 66/100 ยท close 84.63 22 Sep 2023 ยท EMD 62/100 ยท close 85.12 29 Sep 2023 ยท EMD 65/100 ยท close 84.68 6 Oct 2023 ยท EMD 68/100 ยท close 84.68 13 Oct 2023 ยท EMD 70/100 ยท close 86.40 20 Oct 2023 ยท EMD 69/100 ยท close 86.48 27 Oct 2023 ยท EMD 78/100 ยท close 88.51 3 Nov 2023 ยท EMD 80/100 ยท close 90.28 10 Nov 2023 ยท EMD 73/100 ยท close 88.42 17 Nov 2023 ยท EMD 79/100 ยท close 89.57 24 Nov 2023 ยท EMD 82/100 ยท close 91.42 1 Dec 2023 ยท EMD 67/100 ยท close 88.69 8 Dec 2023 ยท EMD 81/100 ยท close 90.36 15 Dec 2023 ยท EMD 86/100 ยท close 93.89 22 Dec 2023 ยท EMD 83/100 ยท close 94.60 29 Dec 2023 ยท EMD 85/100 ยท close 95.65 5 Jan 2024 ยท EMD 86/100 ยท close 96.54 12 Jan 2024 ยท EMD 85/100 ยท close 96.62 19 Jan 2024 ยท EMD 82/100 ยท close 97.15 26 Jan 2024 ยท EMD 77/100 ยท close 97.06 2 Feb 2024 ยท EMD 77/100 ยท close 97.33 9 Feb 2024 ยท EMD 72/100 ยท close 93.45 16 Feb 2024 ยท EMD 76/100 ยท close 93.89 23 Feb 2024 ยท EMD 76/100 ยท close 95.83 1 Mar 2024 ยท EMD 59/100 ยท close 91.95 8 Mar 2024 ยท EMD 66/100 ยท close 93.27 15 Mar 2024 ยท EMD 57/100 ยท close 91.86 22 Mar 2024 ยท EMD 55/100 ยท close 91.86 29 Mar 2024 ยท EMD 59/100 ยท close 92.39 5 Apr 2024 ยท EMD 44/100 ยท close 88.16 12 Apr 2024 ยท EMD 49/100 ยท close 89.31 19 Apr 2024 ยท EMD 46/100 ยท close 88.69 26 Apr 2024 ยท EMD 43/100 ยท close 88.03 3 May 2024 ยท EMD 41/100 ยท close 87.71 10 May 2024 ยท EMD 45/100 ยท close 88.72 17 May 2024 ยท EMD 36/100 ยท close 86.46 24 May 2024 ยท EMD 34/100 ยท close 85.59 31 May 2024 ยท EMD 43/100 ยท close 87.57 7 Jun 2024 ยท EMD 42/100 ยท close 88.63 14 Jun 2024 ยท EMD 38/100 ยท close 87.15 21 Jun 2024 ยท EMD 43/100 ยท close 88.95 28 Jun 2024 ยท EMD 37/100 ยท close 87.84 5 Jul 2024 ยท EMD 43/100 ยท close 88.67 12 Jul 2024 ยท EMD 45/100 ยท close 89.46 19 Jul 2024 ยท EMD 36/100 ยท close 86.14 26 Jul 2024 ยท EMD 37/100 ยท close 85.68 2 Aug 2024 ยท EMD 35/100 ยท close 84.20 9 Aug 2024 ยท EMD 40/100 ยท close 85.36 16 Aug 2024 ยท EMD 39/100 ยท close 86.05 23 Aug 2024 ยท EMD 37/100 ยท close 84.80 30 Aug 2024 ยท EMD 35/100 ยท close 83.74 6 Sep 2024 ยท EMD 31/100 ยท close 81.53 13 Sep 2024 ยท EMD 36/100 ยท close 81.72 20 Sep 2024 ยท EMD 27/100 ยท close 80.20 27 Sep 2024 ยท EMD 35/100 ยท close 81.30 4 Oct 2024 ยท EMD 40/100 ยท close 81.39 11 Oct 2024 ยท EMD 34/100 ยท close 81.62 18 Oct 2024 ยท EMD 42/100 ยท close 83.70 25 Oct 2024 ยท EMD 34/100 ยท close 81.72 1 Nov 2024 ยท EMD 30/100 ยท close 79.14 8 Nov 2024 ยท EMD 40/100 ยท close 80.33 15 Nov 2024 ยท EMD 36/100 ยท close 80.70 22 Nov 2024 ยท EMD 42/100 ยท close 81.12 29 Nov 2024 ยท EMD 37/100 ยท close 80.57 6 Dec 2024 ยท EMD 47/100 ยท close 81.86 13 Dec 2024 ยท EMD 31/100 ยท close 74.67 20 Dec 2024 ยท EMD 35/100 ยท close 75.68 27 Dec 2024 ยท EMD 37/100 ยท close 76.70 3 Jan 2025 ยท EMD 39/100 ยท close 78.26 10 Jan 2025 ยท EMD 42/100 ยท close 79.41 17 Jan 2025 ยท EMD 50/100 ยท close 82.18 24 Jan 2025 ยท EMD 49/100 ยท close 82.78 31 Jan 2025 ยท EMD 55/100 ยท close 84.76 7 Feb 2025 ยท EMD 59/100 ยท close 85.08 14 Feb 2025 ยท EMD 58/100 ยท close 86.60 21 Feb 2025 ยท EMD 61/100 ยท close 87.34 28 Feb 2025 ยท EMD 70/100 ยท close 88.44 7 Mar 2025 ยท EMD 69/100 ยท close 89.41 14 Mar 2025 ยท EMD 65/100 ยท close 87.06 21 Mar 2025 ยท EMD 72/100 ยท close 88.99 28 Mar 2025 ยท EMD 76/100 ยท close 89.92 4 Apr 2025 ยท EMD 70/100 ยท close 86.09 11 Apr 2025 ยท EMD 82/100 ยท close 87.61 18 Apr 2025 ยท EMD 83/100 ยท close 91.11 25 Apr 2025 ยท EMD 75/100 ยท close 90.88 2 May 2025 ยท EMD 83/100 ยท close 92.96 9 May 2025 ยท EMD 77/100 ยท close 92.08 16 May 2025 ยท EMD 84/100 ยท close 93.82 23 May 2025 ยท EMD 80/100 ยท close 93.24 30 May 2025 ยท EMD 71/100 ยท close 91.74 6 Jun 2025 ยท EMD 68/100 ยท close 90.30 13 Jun 2025 ยท EMD 57/100 ยท close 86.25 20 Jun 2025 ยท EMD 60/100 ยท close 86.35 27 Jun 2025 ยท EMD 62/100 ยท close 88.08 4 Jul 2025 ยท EMD 65/100 ยท close 90.20 11 Jul 2025 ยท EMD 63/100 ยท close 90.44 18 Jul 2025 ยท EMD 70/100 ยท close 92.56 25 Jul 2025 ยท EMD 71/100 ยท close 93.00 1 Aug 2025 ยท EMD 63/100 ยท close 90.83 8 Aug 2025 ยท EMD 67/100 ยท close 91.17 15 Aug 2025 ยท EMD 57/100 ยท close 89.19 22 Aug 2025 ยท EMD 66/100 ยท close 92.32 29 Aug 2025 ยท EMD 54/100 ยท close 89.62 5 Sep 2025 ยท EMD 56/100 ยท close 89.67 12 Sep 2025 ยท EMD 62/100 ยท close 89.91 19 Sep 2025 ยท EMD 51/100 ยท close 89.05 26 Sep 2025 ยท EMD 56/100 ยท close 90.20 3 Oct 2025 ยท EMD 53/100 ยท close 90.92 10 Oct 2025 ยท EMD 60/100 ยท close 91.60 17 Oct 2025 ยท EMD 46/100 ยท close 89.14 24 Oct 2025 ยท EMD 53/100 ยท close 91.02 31 Oct 2025 ยท EMD 49/100 ยท close 89.91 7 Nov 2025 ยท EMD 53/100 ยท close 91.31 14 Nov 2025 ยท EMD 49/100 ยท close 91.41 21 Nov 2025 ยท EMD 46/100 ยท close 89.86 28 Nov 2025 ยท EMD 70/100 ยท close 93.86 5 Dec 2025 ยท EMD 64/100 ยท close 94.06 12 Dec 2025 ยท EMD 69/100 ยท close 93.96 19 Dec 2025 ยท EMD 73/100 ยท close 94.97 26 Dec 2025 ยท EMD 74/100 ยท close 96.66 2 Jan 2026 ยท EMD 74/100 ยท close 96.76 9 Jan 2026 ยท EMD 70/100 ยท close 97.33 16 Jan 2026 ยท EMD 79/100 ยท close 99.74 23 Jan 2026 ยท EMD 73/100 ยท close 99.55 30 Jan 2026 ยท EMD 82/100 ยท close 100.80 6 Feb 2026 ยท EMD 84/100 ยท close 104.08 13 Feb 2026 ยท EMD 85/100 ยท close 106.20 20 Feb 2026 ยท EMD 88/100 ยท close 110.15 27 Feb 2026 ยท EMD 88/100 ยท close 113.62 6 Mar 2026 ยท EMD 88/100 ยท close 113.72 13 Mar 2026 ยท EMD 89/100 ยท close 116.03 20 Mar 2026 ยท EMD 88/100 ยท close 118.25 27 Mar 2026 ยท EMD 91/100 ยท close 122.00 3 Apr 2026 ยท EMD 90/100 ยท close 124.70 10 Apr 2026 ยท EMD 92/100 ยท close 129.52 17 Apr 2026 ยท EMD 77/100 ยท close 116.51 24 Apr 2026 ยท EMD 83/100 ยท close 117.86 1 May 2026 ยท EMD 81/100 ยท close 118.73 8 May 2026 ยท EMD 68/100 ยท close 112.10 15 May 2026 ยท EMD 77/100 ยท close 115.60 22 May 2026 ยท EMD 73/100 ยท close 116.50 29 May 2026 ยท EMD 69/100 ยท close 117.50 5 Jun 2026 ยท EMD 74/100 ยท close 117.90 12 Jun 2026 ยท EMD 73/100 ยท close 118.90 19 Jun 2026 ยท EMD 66/100 ยท close 115.90 26 Jun 2026 ยท EMD 66/100 ยท close 119.30 3 Jul 2026 ยท EMD 63/100 ยท close 118.30 10 Jul 2026 ยท EMD 66/100 ยท close 121.70 17 Jul 2026 ยท EMD 74/100 ยท close 126.80 24 Jul 2026 ยท EMD 71/100 ยท close 127.30 31 Jul 2026 ยท EMD 77/100 ยท close 127.00 7 Aug 2026 ยท EMD 69/100 ยท close 124.60 14 Aug 2026 ยท EMD 81/100 ยท close 124.10 21 Aug 2026 ยท EMD 76/100 ยท close 123.10 28 Aug 2026 ยท EMD 76/100 ยท close 126.10 17 Jan 2025 ยท Up-cycle confirmed ยท close 82.18 17 Apr 2026 ยท Down-cycle confirmed ยท close 116.51 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 93%Current EMD +52.44-week EMD change -1.7156-week price range CHF 74.67โ€“129.52

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

74/1000.42

Strengthening beneath price
4-week change +0.38

02

Trend and deviation

88/100+6.1% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

68/1004w -0.7% ยท 13w +7.3%

Momentum is supportive
SMI 0.79

04

Price-volume pressure

60/10060% constructive pressure

Volume is confirming the close
Volume ratio 4.13x

05

Relative leadership

78/1007.66

Leadership is supportive
4-week change -2.45

06

Modeled Trend

90/100Modeled Trend 0.80

Modeled Trend is supportive
Smoothed Modeled Trend 0.82

Evidence context