MIL ยท ETF ยท ENHANCED MARKET DYNAMICS

USFRN

Amundi Index Solutions - Amundi Floating Rate USD Corporate ESG - UCITS ETF DR - USD (C)

IT

EMD SCORE58/100

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 agreement87% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 119.55
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 supportive ยท 1 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 EUR +100+500-50-100 135.16121.31107.46 8 Sep 2023 ยท EMD 64/100 ยท close 110.24 15 Sep 2023 ยท EMD 62/100 ยท close 110.82 22 Sep 2023 ยท EMD 63/100 ยท close 111.11 29 Sep 2023 ยท EMD 69/100 ยท close 111.98 6 Oct 2023 ยท EMD 72/100 ยท close 112.80 13 Oct 2023 ยท EMD 80/100 ยท close 112.99 20 Oct 2023 ยท EMD 69/100 ยท close 112.20 27 Oct 2023 ยท EMD 73/100 ยท close 112.37 3 Nov 2023 ยท EMD 65/100 ยท close 110.90 10 Nov 2023 ยท EMD 68/100 ยท close 111.69 17 Nov 2023 ยท EMD 60/100 ยท close 109.86 24 Nov 2023 ยท EMD 56/100 ยท close 109.25 1 Dec 2023 ยท EMD 63/100 ยท close 110.13 8 Dec 2023 ยท EMD 61/100 ยท close 111.39 15 Dec 2023 ยท EMD 53/100 ยท close 110.05 22 Dec 2023 ยท EMD 50/100 ยท close 108.99 29 Dec 2023 ยท EMD 53/100 ยท close 108.94 5 Jan 2024 ยท EMD 52/100 ยท close 110.03 12 Jan 2024 ยท EMD 51/100 ยท close 110.13 19 Jan 2024 ยท EMD 54/100 ยท close 111.07 26 Jan 2024 ยท EMD 55/100 ยท close 111.50 2 Feb 2024 ยท EMD 53/100 ยท close 111.73 9 Feb 2024 ยท EMD 57/100 ยท close 112.55 16 Feb 2024 ยท EMD 59/100 ยท close 113.00 23 Feb 2024 ยท EMD 60/100 ยท close 112.71 1 Mar 2024 ยท EMD 61/100 ยท close 112.74 8 Mar 2024 ยท EMD 54/100 ยท close 111.58 15 Mar 2024 ยท EMD 59/100 ยท close 112.39 22 Mar 2024 ยท EMD 63/100 ยท close 112.71 29 Mar 2024 ยท EMD 61/100 ยท close 113.61 5 Apr 2024 ยท EMD 58/100 ยท close 113.32 12 Apr 2024 ยท EMD 70/100 ยท close 115.40 19 Apr 2024 ยท EMD 61/100 ยท close 115.32 26 Apr 2024 ยท EMD 64/100 ยท close 115.35 3 May 2024 ยท EMD 57/100 ยท close 114.58 10 May 2024 ยท EMD 62/100 ยท close 114.62 17 May 2024 ยท EMD 57/100 ยท close 113.67 24 May 2024 ยท EMD 60/100 ยท close 114.08 31 May 2024 ยท EMD 58/100 ยท close 114.29 7 Jun 2024 ยท EMD 65/100 ยท close 114.77 14 Jun 2024 ยท EMD 69/100 ยท close 116.17 21 Jun 2024 ยท EMD 67/100 ยท close 116.26 28 Jun 2024 ยท EMD 65/100 ยท close 116.22 5 Jul 2024 ยท EMD 56/100 ยท close 115.05 12 Jul 2024 ยท EMD 52/100 ยท close 114.32 19 Jul 2024 ยท EMD 59/100 ยท close 114.65 26 Jul 2024 ยท EMD 56/100 ยท close 115.24 2 Aug 2024 ยท EMD 62/100 ยท close 116.08 9 Aug 2024 ยท EMD 58/100 ยท close 114.52 16 Aug 2024 ยท EMD 54/100 ยท close 114.01 23 Aug 2024 ยท EMD 51/100 ยท close 113.02 30 Aug 2024 ยท EMD 46/100 ยท close 113.63 6 Sep 2024 ยท EMD 43/100 ยท close 113.37 13 Sep 2024 ยท EMD 45/100 ยท close 113.61 20 Sep 2024 ยท EMD 48/100 ยท close 113.21 27 Sep 2024 ยท EMD 41/100 ยท close 112.93 4 Oct 2024 ยท EMD 52/100 ยท close 115.35 11 Oct 2024 ยท EMD 50/100 ยท close 115.69 18 Oct 2024 ยท EMD 52/100 ยท close 116.67 25 Oct 2024 ยท EMD 62/100 ยท close 117.27 1 Nov 2024 ยท EMD 63/100 ยท close 117.09 8 Nov 2024 ยท EMD 70/100 ยท close 118.59 15 Nov 2024 ยท EMD 74/100 ยท close 120.69 22 Nov 2024 ยท EMD 79/100 ยท close 122.64 29 Nov 2024 ยท EMD 74/100 ยท close 120.88 6 Dec 2024 ยท EMD 66/100 ยท close 120.83 13 Dec 2024 ยท EMD 77/100 ยท close 121.85 20 Dec 2024 ยท EMD 79/100 ยท close 122.85 27 Dec 2024 ยท EMD 76/100 ยท close 122.97 3 Jan 2025 ยท EMD 80/100 ยท close 124.60 10 Jan 2025 ยท EMD 86/100 ยท close 125.50 17 Jan 2025 ยท EMD 70/100 ยท close 124.77 24 Jan 2025 ยท EMD 68/100 ยท close 123.63 31 Jan 2025 ยท EMD 76/100 ยท close 123.87 7 Feb 2025 ยท EMD 69/100 ยท close 124.85 14 Feb 2025 ยท EMD 59/100 ยท close 122.81 21 Feb 2025 ยท EMD 63/100 ยท close 123.82 28 Feb 2025 ยท EMD 65/100 ยท close 124.36 7 Mar 2025 ยท EMD 50/100 ยท close 119.33 14 Mar 2025 ยท EMD 52/100 ยท close 119.14 21 Mar 2025 ยท EMD 55/100 ยท close 119.49 28 Mar 2025 ยท EMD 44/100 ยท close 119.69 4 Apr 2025 ยท EMD 48/100 ยท close 117.73 11 Apr 2025 ยท EMD 38/100 ยท close 112.98 18 Apr 2025 ยท EMD 44/100 ยท close 113.65 25 Apr 2025 ยท EMD 42/100 ยท close 114.01 2 May 2025 ยท EMD 42/100 ยท close 114.55 9 May 2025 ยท EMD 39/100 ยท close 115.27 16 May 2025 ยท EMD 42/100 ยท close 116.85 23 May 2025 ยท EMD 36/100 ยท close 115.03 30 May 2025 ยท EMD 36/100 ยท close 115.09 6 Jun 2025 ยท EMD 36/100 ยท close 114.86 13 Jun 2025 ยท EMD 33/100 ยท close 112.97 20 Jun 2025 ยท EMD 38/100 ยท close 114.13 27 Jun 2025 ยท EMD 30/100 ยท close 111.96 4 Jul 2025 ยท EMD 34/100 ยท close 111.56 11 Jul 2025 ยท EMD 41/100 ยท close 112.53 18 Jul 2025 ยท EMD 40/100 ยท close 113.47 25 Jul 2025 ยท EMD 37/100 ยท close 112.36 1 Aug 2025 ยท EMD 43/100 ยท close 114.37 8 Aug 2025 ยท EMD 36/100 ยท close 113.40 15 Aug 2025 ยท EMD 42/100 ยท close 113.54 22 Aug 2025 ยท EMD 43/100 ยท close 113.53 29 Aug 2025 ยท EMD 34/100 ยท close 113.34 5 Sep 2025 ยท EMD 37/100 ยท close 113.03 12 Sep 2025 ยท EMD 46/100 ยท close 113.40 19 Sep 2025 ยท EMD 46/100 ยท close 113.23 26 Sep 2025 ยท EMD 45/100 ยท close 113.88 3 Oct 2025 ยท EMD 45/100 ยท close 113.54 10 Oct 2025 ยท EMD 50/100 ยท close 115.44 17 Oct 2025 ยท EMD 48/100 ยท close 114.46 24 Oct 2025 ยท EMD 82/100 ยท close 133.68 31 Oct 2025 ยท EMD 62/100 ยท close 115.99 7 Nov 2025 ยท EMD 56/100 ยท close 115.62 14 Nov 2025 ยท EMD 57/100 ยท close 115.38 21 Nov 2025 ยท EMD 57/100 ยท close 116.31 28 Nov 2025 ยท EMD 54/100 ยท close 115.82 5 Dec 2025 ยท EMD 59/100 ยท close 115.51 12 Dec 2025 ยท EMD 47/100 ยท close 114.63 19 Dec 2025 ยท EMD 54/100 ยท close 114.85 26 Dec 2025 ยท EMD 51/100 ยท close 114.48 2 Jan 2026 ยท EMD 44/100 ยท close 114.56 9 Jan 2026 ยท EMD 58/100 ยท close 116.03 16 Jan 2026 ยท EMD 56/100 ยท close 116.47 23 Jan 2026 ยท EMD 47/100 ยท close 115.06 30 Jan 2026 ยท EMD 42/100 ยท close 113.01 6 Feb 2026 ยท EMD 46/100 ยท close 114.80 13 Feb 2026 ยท EMD 45/100 ยท close 114.30 20 Feb 2026 ยท EMD 46/100 ยท close 115.24 27 Feb 2026 ยท EMD 38/100 ยท close 114.91 6 Mar 2026 ยท EMD 55/100 ยท close 117.42 13 Mar 2026 ยท EMD 59/100 ยท close 118.62 20 Mar 2026 ยท EMD 58/100 ยท close 117.68 27 Mar 2026 ยท EMD 67/100 ยท close 117.56 3 Apr 2026 ยท EMD 63/100 ยท close 117.69 10 Apr 2026 ยท EMD 53/100 ยท close 116.03 17 Apr 2026 ยท EMD 48/100 ยท close 115.47 24 Apr 2026 ยท EMD 57/100 ยท close 116.57 1 May 2026 ยท EMD 52/100 ยท close 116.82 8 May 2026 ยท EMD 47/100 ยท close 116.29 15 May 2026 ยท EMD 56/100 ยท close 117.86 22 May 2026 ยท EMD 60/100 ยท close 118.11 29 May 2026 ยท EMD 59/100 ยท close 117.76 5 Jun 2026 ยท EMD 63/100 ยท close 118.99 12 Jun 2026 ยท EMD 60/100 ยท close 118.85 19 Jun 2026 ยท EMD 61/100 ยท close 119.99 26 Jun 2026 ยท EMD 64/100 ยท close 120.74 3 Jul 2026 ยท EMD 62/100 ยท close 120.42 10 Jul 2026 ยท EMD 64/100 ยท close 120.72 17 Jul 2026 ยท EMD 64/100 ยท close 120.69 24 Jul 2026 ยท EMD 64/100 ยท close 121.35 31 Jul 2026 ยท EMD 60/100 ยท close 120.28 7 Aug 2026 ยท EMD 54/100 ยท close 119.74 14 Aug 2026 ยท EMD 61/100 ยท close 120.04 21 Aug 2026 ยท EMD 56/100 ยท close 118.72 28 Aug 2026 ยท EMD 58/100 ยท close 119.55 14 Jun 2024 ยท Up-cycle confirmed ยท close 116.17 31 Oct 2025 ยท Down-cycle confirmed ยท close 115.99 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 88%Current EMD +16.34-week EMD change -3.6156-week price range EUR 108.94โ€“133.68

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

55/1000.03

Strengthening beneath price
4-week change -1.29

02

Trend and deviation

72/100+1.2% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

64/1004w -0.6% ยท 13w +1.5%

Momentum is supportive
SMI 0.84

04

Price-volume pressure

60/10060% constructive pressure

Volume is confirming the close
Volume ratio 0.49x

05

Relative leadership

16/100-9.74

The ticker is lagging its benchmark
4-week change -0.22

06

Modeled Trend

87/100Modeled Trend 0.86

Modeled Trend is supportive
Smoothed Modeled Trend 0.58

Evidence context