NYSE ยท EQUITY ยท ENHANCED MARKET DYNAMICS

TBN

Tamboran Resources Corporation

US ยท Energy ยท Oil & Gas E&P

EMD SCORE73/100

CURRENT COMPLETED-WEEK READ

Strongly constructive

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

Constructive fade67% directional agreement89% evidence confidence
Completed week
18 Sep 2026
Latest close
USD 38.25
Evidence
117 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 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.
28 Jun 2024โ€“18 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 45.3830.0214.65 28 Jun 2024 ยท EMD 46/100 ยท close 22.50 5 Jul 2024 ยท EMD 46/100 ยท close 23.88 12 Jul 2024 ยท EMD 47/100 ยท close 24.05 19 Jul 2024 ยท EMD 45/100 ยท close 24.23 26 Jul 2024 ยท EMD 49/100 ยท close 24.26 2 Aug 2024 ยท EMD 42/100 ยท close 23.05 9 Aug 2024 ยท EMD 42/100 ยท close 21.50 16 Aug 2024 ยท EMD 47/100 ยท close 23.35 23 Aug 2024 ยท EMD 39/100 ยท close 19.99 30 Aug 2024 ยท EMD 44/100 ยท close 20.03 6 Sep 2024 ยท EMD 39/100 ยท close 18.52 13 Sep 2024 ยท EMD 40/100 ยท close 19.35 20 Sep 2024 ยท EMD 46/100 ยท close 20.25 27 Sep 2024 ยท EMD 43/100 ยท close 20.00 4 Oct 2024 ยท EMD 44/100 ยท close 20.00 11 Oct 2024 ยท EMD 43/100 ยท close 19.79 18 Oct 2024 ยท EMD 39/100 ยท close 19.04 25 Oct 2024 ยท EMD 36/100 ยท close 18.54 1 Nov 2024 ยท EMD 36/100 ยท close 18.69 8 Nov 2024 ยท EMD 39/100 ยท close 19.10 15 Nov 2024 ยท EMD 40/100 ยท close 19.19 22 Nov 2024 ยท EMD 36/100 ยท close 17.25 29 Nov 2024 ยท EMD 37/100 ยท close 17.39 6 Dec 2024 ยท EMD 35/100 ยท close 16.30 13 Dec 2024 ยท EMD 35/100 ยท close 16.51 20 Dec 2024 ยท EMD 45/100 ยท close 17.25 27 Dec 2024 ยท EMD 46/100 ยท close 18.73 3 Jan 2025 ยท EMD 47/100 ยท close 20.67 10 Jan 2025 ยท EMD 46/100 ยท close 20.41 17 Jan 2025 ยท EMD 67/100 ยท close 21.44 24 Jan 2025 ยท EMD 67/100 ยท close 25.49 31 Jan 2025 ยท EMD 67/100 ยท close 24.00 7 Feb 2025 ยท EMD 75/100 ยท close 25.49 14 Feb 2025 ยท EMD 69/100 ยท close 23.92 21 Feb 2025 ยท EMD 83/100 ยท close 27.25 28 Feb 2025 ยท EMD 77/100 ยท close 25.26 7 Mar 2025 ยท EMD 73/100 ยท close 23.31 14 Mar 2025 ยท EMD 80/100 ยท close 22.89 21 Mar 2025 ยท EMD 74/100 ยท close 23.26 28 Mar 2025 ยท EMD 75/100 ยท close 24.05 4 Apr 2025 ยท EMD 66/100 ยท close 22.05 11 Apr 2025 ยท EMD 66/100 ยท close 21.68 18 Apr 2025 ยท EMD 68/100 ยท close 22.50 25 Apr 2025 ยท EMD 54/100 ยท close 21.25 2 May 2025 ยท EMD 53/100 ยท close 20.70 9 May 2025 ยท EMD 56/100 ยท close 21.00 16 May 2025 ยท EMD 42/100 ยท close 19.99 23 May 2025 ยท EMD 38/100 ยท close 19.52 30 May 2025 ยท EMD 42/100 ยท close 19.85 6 Jun 2025 ยท EMD 48/100 ยท close 21.28 13 Jun 2025 ยท EMD 57/100 ยท close 22.95 20 Jun 2025 ยท EMD 65/100 ยท close 23.43 27 Jun 2025 ยท EMD 50/100 ยท close 21.95 4 Jul 2025 ยท EMD 37/100 ยท close 19.94 11 Jul 2025 ยท EMD 37/100 ยท close 19.01 18 Jul 2025 ยท EMD 33/100 ยท close 19.62 25 Jul 2025 ยท EMD 32/100 ยท close 19.49 1 Aug 2025 ยท EMD 36/100 ยท close 19.99 8 Aug 2025 ยท EMD 42/100 ยท close 20.51 15 Aug 2025 ยท EMD 41/100 ยท close 20.86 22 Aug 2025 ยท EMD 40/100 ยท close 20.46 29 Aug 2025 ยท EMD 42/100 ยท close 20.46 5 Sep 2025 ยท EMD 49/100 ยท close 21.73 12 Sep 2025 ยท EMD 49/100 ยท close 21.90 19 Sep 2025 ยท EMD 47/100 ยท close 21.97 26 Sep 2025 ยท EMD 49/100 ยท close 21.16 3 Oct 2025 ยท EMD 75/100 ยท close 27.12 10 Oct 2025 ยท EMD 75/100 ยท close 26.96 17 Oct 2025 ยท EMD 71/100 ยท close 25.57 24 Oct 2025 ยท EMD 86/100 ยท close 26.61 31 Oct 2025 ยท EMD 66/100 ยท close 24.78 7 Nov 2025 ยท EMD 77/100 ยท close 25.13 14 Nov 2025 ยท EMD 70/100 ยท close 24.00 21 Nov 2025 ยท EMD 62/100 ยท close 23.34 28 Nov 2025 ยท EMD 65/100 ยท close 23.79 5 Dec 2025 ยท EMD 78/100 ยท close 26.16 12 Dec 2025 ยท EMD 69/100 ยท close 25.21 19 Dec 2025 ยท EMD 74/100 ยท close 25.00 26 Dec 2025 ยท EMD 77/100 ยท close 26.47 2 Jan 2026 ยท EMD 79/100 ยท close 27.88 9 Jan 2026 ยท EMD 70/100 ยท close 26.19 16 Jan 2026 ยท EMD 74/100 ยท close 26.80 23 Jan 2026 ยท EMD 76/100 ยท close 27.50 30 Jan 2026 ยท EMD 86/100 ยท close 29.94 6 Feb 2026 ยท EMD 82/100 ยท close 28.62 13 Feb 2026 ยท EMD 78/100 ยท close 28.10 20 Feb 2026 ยท EMD 87/100 ยท close 30.06 27 Feb 2026 ยท EMD 89/100 ยท close 31.70 6 Mar 2026 ยท EMD 80/100 ยท close 31.00 13 Mar 2026 ยท EMD 76/100 ยท close 28.68 20 Mar 2026 ยท EMD 91/100 ยท close 31.92 27 Mar 2026 ยท EMD 97/100 ยท close 43.40 3 Apr 2026 ยท EMD 81/100 ยท close 43.73 10 Apr 2026 ยท EMD 79/100 ยท close 35.87 17 Apr 2026 ยท EMD 82/100 ยท close 35.76 24 Apr 2026 ยท EMD 82/100 ยท close 35.62 1 May 2026 ยท EMD 77/100 ยท close 35.89 8 May 2026 ยท EMD 84/100 ยท close 35.64 15 May 2026 ยท EMD 83/100 ยท close 36.49 22 May 2026 ยท EMD 73/100 ยท close 35.01 29 May 2026 ยท EMD 69/100 ยท close 33.61 5 Jun 2026 ยท EMD 82/100 ยท close 35.57 12 Jun 2026 ยท EMD 85/100 ยท close 40.37 19 Jun 2026 ยท EMD 70/100 ยท close 35.01 26 Jun 2026 ยท EMD 57/100 ยท close 32.00 3 Jul 2026 ยท EMD 51/100 ยท close 30.93 10 Jul 2026 ยท EMD 52/100 ยท close 31.73 17 Jul 2026 ยท EMD 47/100 ยท close 31.43 24 Jul 2026 ยท EMD 60/100 ยท close 34.19 31 Jul 2026 ยท EMD 55/100 ยท close 33.25 7 Aug 2026 ยท EMD 54/100 ยท close 33.61 14 Aug 2026 ยท EMD 65/100 ยท close 36.81 21 Aug 2026 ยท EMD 75/100 ยท close 37.97 28 Aug 2026 ยท EMD 73/100 ยท close 37.15 4 Sep 2026 ยท EMD 79/100 ยท close 39.43 11 Sep 2026 ยท EMD 73/100 ยท close 39.13 18 Sep 2026 ยท EMD 73/100 ยท close 38.25 27 Dec 2024 ยท Up-cycle confirmed ยท close 18.73 10 Apr 2026 ยท Down-cycle confirmed ยท close 35.87 28 Jun 20248 Aug 202518 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 92%Current EMD +45.64-week EMD change -4.2156-week price range USD 16.30โ€“43.73

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

75/1000.40

Strengthening beneath price
4-week change +0.77

02

Trend and deviation

92/100+8.1% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

70/1004w +0.7% ยท 13w +9.3%

Momentum is supportive
SMI 0.55

04

Price-volume pressure

41/10041% constructive pressure

Volume is leaning against the close
Volume ratio 1.11x

05

Relative leadership

89/10012.54

Leadership is supportive
4-week change -2.24

06

Modeled Trend

84/100Modeled Trend 0.57

Modeled Trend is supportive
Smoothed Modeled Trend 0.67

Evidence context