NASDAQ ยท ETF ยท ENHANCED MARKET DYNAMICS

NUGY

GRANITESHARES YIELDBOOST GOLD MINERS ETF

US

EMD SCORE35/100

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 agreement73% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 12.90
Evidence
41 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

0 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.
21 Nov 2025โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 17.3114.6712.04 21 Nov 2025 ยท EMD 45/100 ยท close 14.28 28 Nov 2025 ยท EMD 48/100 ยท close 14.77 5 Dec 2025 ยท EMD 46/100 ยท close 14.65 12 Dec 2025 ยท EMD 49/100 ยท close 15.01 19 Dec 2025 ยท EMD 55/100 ยท close 15.55 26 Dec 2025 ยท EMD 52/100 ยท close 15.93 2 Jan 2026 ยท EMD 46/100 ยท close 14.76 9 Jan 2026 ยท EMD 51/100 ยท close 15.48 16 Jan 2026 ยท EMD 53/100 ยท close 15.92 23 Jan 2026 ยท EMD 56/100 ยท close 16.67 30 Jan 2026 ยท EMD 45/100 ยท close 15.75 6 Feb 2026 ยท EMD 57/100 ยท close 15.95 13 Feb 2026 ยท EMD 53/100 ยท close 16.46 20 Feb 2026 ยท EMD 56/100 ยท close 16.44 27 Feb 2026 ยท EMD 56/100 ยท close 17.03 6 Mar 2026 ยท EMD 48/100 ยท close 15.78 13 Mar 2026 ยท EMD 43/100 ยท close 14.78 20 Mar 2026 ยท EMD 41/100 ยท close 14.10 27 Mar 2026 ยท EMD 45/100 ยท close 14.36 3 Apr 2026 ยท EMD 49/100 ยท close 14.81 10 Apr 2026 ยท EMD 51/100 ยท close 15.38 17 Apr 2026 ยท EMD 50/100 ยท close 15.80 24 Apr 2026 ยท EMD 46/100 ยท close 14.88 1 May 2026 ยท EMD 43/100 ยท close 14.05 8 May 2026 ยท EMD 47/100 ยท close 14.46 15 May 2026 ยท EMD 40/100 ยท close 14.02 22 May 2026 ยท EMD 43/100 ยท close 14.00 29 May 2026 ยท EMD 46/100 ยท close 14.34 5 Jun 2026 ยท EMD 33/100 ยท close 13.73 12 Jun 2026 ยท EMD 39/100 ยท close 13.67 19 Jun 2026 ยท EMD 35/100 ยท close 13.50 26 Jun 2026 ยท EMD 30/100 ยท close 12.90 3 Jul 2026 ยท EMD 33/100 ยท close 12.87 10 Jul 2026 ยท EMD 32/100 ยท close 12.73 17 Jul 2026 ยท EMD 25/100 ยท close 12.32 24 Jul 2026 ยท EMD 29/100 ยท close 12.40 31 Jul 2026 ยท EMD 30/100 ยท close 12.37 7 Aug 2026 ยท EMD 35/100 ยท close 12.61 14 Aug 2026 ยท EMD 36/100 ยท close 12.65 21 Aug 2026 ยท EMD 39/100 ยท close 12.95 28 Aug 2026 ยท EMD 35/100 ยท close 12.90 30 Jan 2026 ยท Down-cycle confirmed ยท close 15.75 6 Mar 2026 ยท Down-cycle confirmed ยท close 15.78 21 Nov 202510 Apr 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 10%Current EMD -30.34-week EMD change +10.3156-week price range USD 12.32โ€“17.03

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

3/100-1.73

Cautious pressure beneath price
4-week change +1.94

02

Trend and deviation

7/100-8.8% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

53/1004w +4.3% ยท 13w -10.0%

Momentum is supportive
SMI 0.14

04

Price-volume pressure

42/10042% constructive pressure

Volume is leaning against the close
Volume ratio 1.10x

05

Modeled Trend

57/100Modeled Trend 0.08

Modeled Trend is supportive
Smoothed Modeled Trend 0.13

Evidence context