EBS · ETF · ENHANCED MARKET DYNAMICS

SMCH

Amundi Smart Overnight Ret CHF

CH

Open Chart Terminal
EMD SCORE66/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions remain positive, but momentum has eased.

Constructive fade60% directional agreement76% evidence confidence
Completed week
28 Aug 2026
Latest close
CHF 10.02
Evidence
43 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 supportive · 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks · bars use the left EMD axis; price uses the right axis.
7 Nov 2025–28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE · CHF +100+500-50-100 10.0710.019.95 7 Nov 2025 · EMD 44/100 · close 10.00 14 Nov 2025 · EMD 45/100 · close 10.00 21 Nov 2025 · EMD 45/100 · close 10.00 28 Nov 2025 · EMD 45/100 · close 10.00 5 Dec 2025 · EMD 45/100 · close 10.00 12 Dec 2025 · EMD 45/100 · close 10.00 19 Dec 2025 · EMD 45/100 · close 10.01 26 Dec 2025 · EMD 45/100 · close 10.01 2 Jan 2026 · EMD 46/100 · close 10.01 9 Jan 2026 · EMD 46/100 · close 10.01 16 Jan 2026 · EMD 49/100 · close 10.01 23 Jan 2026 · EMD 47/100 · close 10.01 30 Jan 2026 · EMD 48/100 · close 10.01 6 Feb 2026 · EMD 48/100 · close 10.01 13 Feb 2026 · EMD 48/100 · close 10.01 20 Feb 2026 · EMD 49/100 · close 10.01 27 Feb 2026 · EMD 57/100 · close 10.01 6 Mar 2026 · EMD 52/100 · close 10.01 13 Mar 2026 · EMD 49/100 · close 10.01 20 Mar 2026 · EMD 49/100 · close 10.01 27 Mar 2026 · EMD 49/100 · close 10.01 3 Apr 2026 · EMD 57/100 · close 10.02 10 Apr 2026 · EMD 48/100 · close 10.02 17 Apr 2026 · EMD 49/100 · close 10.02 24 Apr 2026 · EMD 49/100 · close 10.02 1 May 2026 · EMD 49/100 · close 10.02 8 May 2026 · EMD 49/100 · close 10.02 15 May 2026 · EMD 49/100 · close 10.02 22 May 2026 · EMD 49/100 · close 10.02 29 May 2026 · EMD 69/100 · close 10.02 5 Jun 2026 · EMD 66/100 · close 10.02 12 Jun 2026 · EMD 60/100 · close 10.02 19 Jun 2026 · EMD 66/100 · close 10.02 26 Jun 2026 · EMD 67/100 · close 10.02 3 Jul 2026 · EMD 67/100 · close 10.02 10 Jul 2026 · EMD 67/100 · close 10.02 17 Jul 2026 · EMD 68/100 · close 10.02 24 Jul 2026 · EMD 69/100 · close 10.02 31 Jul 2026 · EMD 70/100 · close 10.02 7 Aug 2026 · EMD 73/100 · close 10.02 14 Aug 2026 · EMD 71/100 · close 10.02 21 Aug 2026 · EMD 71/100 · close 10.02 28 Aug 2026 · EMD 66/100 · close 10.02 7 Nov 20253 Apr 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 91%Current EMD +32.84-week EMD change -7.5156-week price range CHF 10.00–10.02

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

86/1000.84

Strengthening beneath price
4-week change +0.05

02

Trend and deviation

68/100+0.0% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

64/1004w -0.0% · 13w +0.0%

Momentum is supportive
SMI 0.81

04

Price-volume pressure

41/10041% constructive pressure

Volume is leaning against the close
Volume ratio 0.44x

05

Modeled Trend

83/100Modeled Trend 0.81

Modeled Trend is supportive
Smoothed Modeled Trend 0.41

Evidence context