PAR ยท EQUITY ยท ENHANCED MARKET DYNAMICS

BLEE

Bleecker Sociรฉtรฉ Anonyme

FR ยท Real Estate ยท Reit - Diversified

EMD SCORE42/100

CURRENT COMPLETED-WEEK READ

Cautious

The balance of evidence is weakening and risk control deserves more attention. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration60% directional agreement87% evidence confidence
Completed week
18 Sep 2026
Latest close
EUR 98.50
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 4 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
29 Sep 2023โ€“18 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท EUR +100+500-50-100 153.16115.8578.55 29 Sep 2023 ยท EMD 36/100 ยท close 142.46 6 Oct 2023 ยท EMD 35/100 ยท close 142.46 13 Oct 2023 ยท EMD 34/100 ยท close 139.95 20 Oct 2023 ยท EMD 28/100 ยท close 139.11 27 Oct 2023 ยท EMD 34/100 ยท close 139.11 3 Nov 2023 ยท EMD 48/100 ยท close 149.16 10 Nov 2023 ยท EMD 43/100 ยท close 149.16 17 Nov 2023 ยท EMD 49/100 ยท close 148.33 24 Nov 2023 ยท EMD 50/100 ยท close 148.33 1 Dec 2023 ยท EMD 27/100 ยท close 139.11 8 Dec 2023 ยท EMD 28/100 ยท close 134.08 15 Dec 2023 ยท EMD 31/100 ยท close 134.92 22 Dec 2023 ยท EMD 31/100 ยท close 134.92 29 Dec 2023 ยท EMD 35/100 ยท close 138.27 5 Jan 2024 ยท EMD 43/100 ยท close 144.97 12 Jan 2024 ยท EMD 42/100 ยท close 142.46 19 Jan 2024 ยท EMD 34/100 ยท close 134.92 26 Jan 2024 ยท EMD 36/100 ยท close 134.92 2 Feb 2024 ยท EMD 37/100 ยท close 136.59 9 Feb 2024 ยท EMD 34/100 ยท close 136.59 16 Feb 2024 ยท EMD 36/100 ยท close 136.59 23 Feb 2024 ยท EMD 27/100 ยท close 128.21 1 Mar 2024 ยท EMD 33/100 ยท close 127.38 8 Mar 2024 ยท EMD 30/100 ยท close 125.70 15 Mar 2024 ยท EMD 30/100 ยท close 125.70 22 Mar 2024 ยท EMD 47/100 ยท close 146.65 29 Mar 2024 ยท EMD 32/100 ยท close 125.70 5 Apr 2024 ยท EMD 34/100 ยท close 125.70 12 Apr 2024 ยท EMD 34/100 ยท close 125.70 19 Apr 2024 ยท EMD 28/100 ยท close 113.13 26 Apr 2024 ยท EMD 29/100 ยท close 115.64 3 May 2024 ยท EMD 28/100 ยท close 115.64 10 May 2024 ยท EMD 29/100 ยท close 124.86 17 May 2024 ยท EMD 40/100 ยท close 130.73 24 May 2024 ยท EMD 52/100 ยท close 143.30 31 May 2024 ยท EMD 57/100 ยท close 144.97 7 Jun 2024 ยท EMD 54/100 ยท close 131.57 14 Jun 2024 ยท EMD 51/100 ยท close 131.57 21 Jun 2024 ยท EMD 43/100 ยท close 125.70 28 Jun 2024 ยท EMD 42/100 ยท close 125.70 5 Jul 2024 ยท EMD 41/100 ยท close 125.70 12 Jul 2024 ยท EMD 40/100 ยท close 125.70 19 Jul 2024 ยท EMD 44/100 ยท close 125.70 26 Jul 2024 ยท EMD 45/100 ยท close 125.70 2 Aug 2024 ยท EMD 47/100 ยท close 125.70 9 Aug 2024 ยท EMD 47/100 ยท close 125.70 16 Aug 2024 ยท EMD 45/100 ยท close 125.70 23 Aug 2024 ยท EMD 50/100 ยท close 129.89 30 Aug 2024 ยท EMD 57/100 ยท close 131.57 6 Sep 2024 ยท EMD 51/100 ยท close 123.19 13 Sep 2024 ยท EMD 42/100 ยท close 121.51 20 Sep 2024 ยท EMD 69/100 ยท close 136.59 27 Sep 2024 ยท EMD 66/100 ยท close 136.59 4 Oct 2024 ยท EMD 41/100 ยท close 119.00 11 Oct 2024 ยท EMD 45/100 ยท close 119.00 18 Oct 2024 ยท EMD 40/100 ยท close 119.00 25 Oct 2024 ยท EMD 35/100 ยท close 116.48 1 Nov 2024 ยท EMD 37/100 ยท close 115.64 8 Nov 2024 ยท EMD 35/100 ยท close 113.13 15 Nov 2024 ยท EMD 35/100 ยท close 113.13 22 Nov 2024 ยท EMD 35/100 ยท close 113.13 29 Nov 2024 ยท EMD 29/100 ยท close 107.26 6 Dec 2024 ยท EMD 40/100 ยท close 113.13 13 Dec 2024 ยท EMD 36/100 ยท close 113.13 20 Dec 2024 ยท EMD 50/100 ยท close 123.19 27 Dec 2024 ยท EMD 47/100 ยท close 121.51 3 Jan 2025 ยท EMD 39/100 ยท close 109.78 10 Jan 2025 ยท EMD 50/100 ยท close 121.51 17 Jan 2025 ยท EMD 46/100 ยท close 121.51 24 Jan 2025 ยท EMD 48/100 ยท close 121.51 31 Jan 2025 ยท EMD 54/100 ยท close 122.35 7 Feb 2025 ยท EMD 35/100 ยท close 108.94 14 Feb 2025 ยท EMD 38/100 ยท close 108.94 21 Feb 2025 ยท EMD 40/100 ยท close 108.10 28 Feb 2025 ยท EMD 44/100 ยท close 108.94 7 Mar 2025 ยท EMD 37/100 ยท close 108.94 14 Mar 2025 ยท EMD 37/100 ยท close 108.94 21 Mar 2025 ยท EMD 44/100 ยท close 111.45 28 Mar 2025 ยท EMD 33/100 ยท close 106.43 4 Apr 2025 ยท EMD 37/100 ยท close 106.43 11 Apr 2025 ยท EMD 35/100 ยท close 104.75 18 Apr 2025 ยท EMD 60/100 ยท close 122.35 25 Apr 2025 ยท EMD 32/100 ยท close 104.75 2 May 2025 ยท EMD 36/100 ยท close 104.75 9 May 2025 ยท EMD 38/100 ยท close 104.75 16 May 2025 ยท EMD 34/100 ยท close 104.75 23 May 2025 ยท EMD 37/100 ยท close 104.75 30 May 2025 ยท EMD 32/100 ยท close 102.24 6 Jun 2025 ยท EMD 35/100 ยท close 102.24 13 Jun 2025 ยท EMD 35/100 ยท close 102.24 20 Jun 2025 ยท EMD 35/100 ยท close 102.24 27 Jun 2025 ยท EMD 35/100 ยท close 102.24 4 Jul 2025 ยท EMD 33/100 ยท close 102.24 11 Jul 2025 ยท EMD 21/100 ยท close 96.37 18 Jul 2025 ยท EMD 35/100 ยท close 98.05 25 Jul 2025 ยท EMD 32/100 ยท close 98.05 1 Aug 2025 ยท EMD 34/100 ยท close 98.05 8 Aug 2025 ยท EMD 28/100 ยท close 91.34 15 Aug 2025 ยท EMD 28/100 ยท close 91.34 22 Aug 2025 ยท EMD 28/100 ยท close 91.34 29 Aug 2025 ยท EMD 29/100 ยท close 91.34 5 Sep 2025 ยท EMD 30/100 ยท close 91.34 12 Sep 2025 ยท EMD 30/100 ยท close 91.34 19 Sep 2025 ยท EMD 30/100 ยท close 91.34 26 Sep 2025 ยท EMD 27/100 ยท close 83.80 3 Oct 2025 ยท EMD 35/100 ยท close 91.34 10 Oct 2025 ยท EMD 33/100 ยท close 91.34 17 Oct 2025 ยท EMD 34/100 ยท close 91.34 24 Oct 2025 ยท EMD 39/100 ยท close 91.34 31 Oct 2025 ยท EMD 38/100 ยท close 91.34 7 Nov 2025 ยท EMD 40/100 ยท close 91.34 14 Nov 2025 ยท EMD 41/100 ยท close 91.34 21 Nov 2025 ยท EMD 43/100 ยท close 91.34 28 Nov 2025 ยท EMD 43/100 ยท close 91.34 5 Dec 2025 ยท EMD 38/100 ยท close 91.34 12 Dec 2025 ยท EMD 44/100 ยท close 91.34 19 Dec 2025 ยท EMD 34/100 ยท close 87.99 26 Dec 2025 ยท EMD 41/100 ยท close 87.99 2 Jan 2026 ยท EMD 35/100 ยท close 82.54 9 Jan 2026 ยท EMD 43/100 ยท close 90.50 16 Jan 2026 ยท EMD 55/100 ยท close 98.88 23 Jan 2026 ยท EMD 58/100 ยท close 98.88 30 Jan 2026 ยท EMD 78/100 ยท close 105.59 6 Feb 2026 ยท EMD 83/100 ยท close 108.10 13 Feb 2026 ยท EMD 73/100 ยท close 107.26 20 Feb 2026 ยท EMD 76/100 ยท close 107.26 27 Feb 2026 ยท EMD 81/100 ยท close 113.13 6 Mar 2026 ยท EMD 75/100 ยท close 108.94 13 Mar 2026 ยท EMD 81/100 ยท close 108.94 20 Mar 2026 ยท EMD 83/100 ยท close 108.94 27 Mar 2026 ยท EMD 78/100 ยท close 104.75 3 Apr 2026 ยท EMD 77/100 ยท close 104.75 10 Apr 2026 ยท EMD 54/100 ยท close 98.30 17 Apr 2026 ยท EMD 47/100 ยท close 94.91 24 Apr 2026 ยท EMD 71/100 ยท close 105.92 1 May 2026 ยท EMD 66/100 ยท close 105.92 8 May 2026 ยท EMD 82/100 ยท close 109.31 15 May 2026 ยท EMD 67/100 ยท close 110.16 22 May 2026 ยท EMD 87/100 ยท close 116.94 29 May 2026 ยท EMD 77/100 ยท close 118.00 5 Jun 2026 ยท EMD 74/100 ยท close 109.00 12 Jun 2026 ยท EMD 77/100 ยท close 114.00 19 Jun 2026 ยท EMD 73/100 ยท close 113.00 26 Jun 2026 ยท EMD 68/100 ยท close 109.00 3 Jul 2026 ยท EMD 68/100 ยท close 109.00 10 Jul 2026 ยท EMD 61/100 ยท close 105.00 17 Jul 2026 ยท EMD 58/100 ยท close 105.00 24 Jul 2026 ยท EMD 51/100 ยท close 105.00 31 Jul 2026 ยท EMD 67/100 ยท close 115.00 7 Aug 2026 ยท EMD 69/100 ยท close 115.00 14 Aug 2026 ยท EMD 64/100 ยท close 109.00 21 Aug 2026 ยท EMD 57/100 ยท close 107.00 28 Aug 2026 ยท EMD 66/100 ยท close 110.00 4 Sep 2026 ยท EMD 61/100 ยท close 107.00 11 Sep 2026 ยท EMD 51/100 ยท close 107.00 18 Sep 2026 ยท EMD 42/100 ยท close 98.50 1 Dec 2023 ยท Down-cycle confirmed ยท close 139.11 19 Jan 2024 ยท Down-cycle confirmed ยท close 134.92 29 Mar 2024 ยท Down-cycle confirmed ยท close 125.70 7 Jun 2024 ยท Down-cycle confirmed ยท close 131.57 3 Oct 2025 ยท Up-cycle confirmed ยท close 91.34 9 Jan 2026 ยท Up-cycle confirmed ยท close 90.50 29 Sep 202328 Mar 202518 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 12%Current EMD -16.34-week EMD change -29.5156-week price range EUR 82.54โ€“149.16

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

23/100-0.79

Cautious pressure beneath price
4-week change -0.46

02

Trend and deviation

6/100-9.0% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

39/1004w -7.9% ยท 13w -12.8%

Momentum is applying downside pressure
SMI 0.44

04

Price-volume pressure

50/10050% constructive pressure

Volume is confirming the close
Volume ratio 2.07x

05

Relative leadership

42/100-1.87

The ticker is lagging its benchmark
4-week change -3.87

06

Modeled Trend

84/100Modeled Trend 0.70

Modeled Trend is supportive
Smoothed Modeled Trend 0.54

Evidence context