GER ยท ETF ยท ENHANCED MARKET DYNAMICS

UBF8

UBS CMCI Commodity Carry ex-Agriculture SF UCITS ETF USD acc

DE

EMD SCORE46/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions remain cautious, although the latest readings are improving.

Early repair0% directional agreement68% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 108.00
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

3 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.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 152.94118.6384.32 8 Sep 2023 ยท EMD 44/100 ยท close 124.11 15 Sep 2023 ยท EMD 42/100 ยท close 122.13 22 Sep 2023 ยท EMD 43/100 ยท close 122.11 29 Sep 2023 ยท EMD 42/100 ยท close 120.38 6 Oct 2023 ยท EMD 42/100 ยท close 121.05 13 Oct 2023 ยท EMD 43/100 ยท close 121.21 20 Oct 2023 ยท EMD 45/100 ยท close 121.55 27 Oct 2023 ยท EMD 46/100 ยท close 121.88 3 Nov 2023 ยท EMD 47/100 ยท close 124.26 10 Nov 2023 ยท EMD 52/100 ยท close 128.01 17 Nov 2023 ยท EMD 55/100 ยท close 129.02 24 Nov 2023 ยท EMD 60/100 ยท close 130.01 1 Dec 2023 ยท EMD 61/100 ยท close 131.25 8 Dec 2023 ยท EMD 59/100 ยท close 132.15 15 Dec 2023 ยท EMD 63/100 ยท close 133.50 22 Dec 2023 ยท EMD 65/100 ยท close 131.02 29 Dec 2023 ยท EMD 66/100 ยท close 131.68 5 Jan 2024 ยท EMD 64/100 ยท close 129.33 12 Jan 2024 ยท EMD 64/100 ยท close 130.33 19 Jan 2024 ยท EMD 70/100 ยท close 132.52 26 Jan 2024 ยท EMD 65/100 ยท close 132.13 2 Feb 2024 ยท EMD 70/100 ยท close 133.85 9 Feb 2024 ยท EMD 70/100 ยท close 133.60 16 Feb 2024 ยท EMD 66/100 ยท close 133.80 23 Feb 2024 ยท EMD 67/100 ยท close 135.43 1 Mar 2024 ยท EMD 62/100 ยท close 133.08 8 Mar 2024 ยท EMD 64/100 ยท close 135.49 15 Mar 2024 ยท EMD 65/100 ยท close 136.82 22 Mar 2024 ยท EMD 64/100 ยท close 136.07 29 Mar 2024 ยท EMD 65/100 ยท close 137.23 5 Apr 2024 ยท EMD 63/100 ยท close 134.75 12 Apr 2024 ยท EMD 64/100 ยท close 135.68 19 Apr 2024 ยท EMD 65/100 ยท close 136.06 26 Apr 2024 ยท EMD 63/100 ยท close 136.91 3 May 2024 ยท EMD 65/100 ยท close 137.84 10 May 2024 ยท EMD 60/100 ยท close 135.69 17 May 2024 ยท EMD 54/100 ยท close 131.94 24 May 2024 ยท EMD 53/100 ยท close 133.64 31 May 2024 ยท EMD 55/100 ยท close 137.34 7 Jun 2024 ยท EMD 53/100 ยท close 134.93 14 Jun 2024 ยท EMD 54/100 ยท close 134.62 21 Jun 2024 ยท EMD 54/100 ยท close 135.09 28 Jun 2024 ยท EMD 55/100 ยท close 136.60 5 Jul 2024 ยท EMD 57/100 ยท close 138.54 12 Jul 2024 ยท EMD 59/100 ยท close 138.80 19 Jul 2024 ยท EMD 69/100 ยท close 141.93 26 Jul 2024 ยท EMD 71/100 ยท close 143.36 2 Aug 2024 ยท EMD 76/100 ยท close 144.82 9 Aug 2024 ยท EMD 75/100 ยท close 142.78 16 Aug 2024 ยท EMD 72/100 ยท close 142.78 23 Aug 2024 ยท EMD 71/100 ยท close 143.48 30 Aug 2024 ยท EMD 68/100 ยท close 144.13 6 Sep 2024 ยท EMD 75/100 ยท close 145.56 13 Sep 2024 ยท EMD 71/100 ยท close 143.63 20 Sep 2024 ยท EMD 67/100 ยท close 142.48 27 Sep 2024 ยท EMD 62/100 ยท close 141.25 4 Oct 2024 ยท EMD 60/100 ยท close 140.70 11 Oct 2024 ยท EMD 59/100 ยท close 142.36 18 Oct 2024 ยท EMD 60/100 ยท close 145.16 25 Oct 2024 ยท EMD 58/100 ยท close 142.83 1 Nov 2024 ยท EMD 64/100 ยท close 145.62 8 Nov 2024 ยท EMD 65/100 ยท close 145.81 15 Nov 2024 ยท EMD 63/100 ยท close 144.56 22 Nov 2024 ยท EMD 59/100 ยท close 142.92 29 Nov 2024 ยท EMD 58/100 ยท close 143.37 6 Dec 2024 ยท EMD 59/100 ยท close 146.88 13 Dec 2024 ยท EMD 53/100 ยท close 141.82 20 Dec 2024 ยท EMD 52/100 ยท close 140.54 27 Dec 2024 ยท EMD 46/100 ยท close 140.59 3 Jan 2025 ยท EMD 43/100 ยท close 139.74 10 Jan 2025 ยท EMD 38/100 ยท close 133.51 17 Jan 2025 ยท EMD 35/100 ยท close 131.58 24 Jan 2025 ยท EMD 36/100 ยท close 135.03 31 Jan 2025 ยท EMD 36/100 ยท close 136.53 7 Feb 2025 ยท EMD 37/100 ยท close 135.71 14 Feb 2025 ยท EMD 35/100 ยท close 134.60 21 Feb 2025 ยท EMD 34/100 ยท close 133.14 28 Feb 2025 ยท EMD 34/100 ยท close 134.23 7 Mar 2025 ยท EMD 32/100 ยท close 133.54 14 Mar 2025 ยท EMD 35/100 ยท close 136.11 21 Mar 2025 ยท EMD 36/100 ยท close 136.60 28 Mar 2025 ยท EMD 36/100 ยท close 135.15 4 Apr 2025 ยท EMD 42/100 ยท close 137.42 11 Apr 2025 ยท EMD 46/100 ยท close 138.26 18 Apr 2025 ยท EMD 47/100 ยท close 138.90 25 Apr 2025 ยท EMD 49/100 ยท close 141.02 2 May 2025 ยท EMD 49/100 ยท close 141.08 9 May 2025 ยท EMD 48/100 ยท close 138.56 16 May 2025 ยท EMD 51/100 ยท close 141.10 23 May 2025 ยท EMD 51/100 ยท close 140.86 30 May 2025 ยท EMD 52/100 ยท close 142.08 6 Jun 2025 ยท EMD 52/100 ยท close 139.74 13 Jun 2025 ยท EMD 49/100 ยท close 136.82 20 Jun 2025 ยท EMD 46/100 ยท close 134.43 27 Jun 2025 ยท EMD 47/100 ยท close 138.69 4 Jul 2025 ยท EMD 51/100 ยท close 138.62 11 Jul 2025 ยท EMD 53/100 ยท close 139.93 18 Jul 2025 ยท EMD 52/100 ยท close 137.61 25 Jul 2025 ยท EMD 55/100 ยท close 140.75 1 Aug 2025 ยท EMD 57/100 ยท close 140.95 8 Aug 2025 ยท EMD 58/100 ยท close 142.45 15 Aug 2025 ยท EMD 60/100 ยท close 143.81 22 Aug 2025 ยท EMD 62/100 ยท close 145.21 29 Aug 2025 ยท EMD 63/100 ยท close 143.83 5 Sep 2025 ยท EMD 64/100 ยท close 143.81 12 Sep 2025 ยท EMD 66/100 ยท close 145.59 19 Sep 2025 ยท EMD 67/100 ยท close 146.14 26 Sep 2025 ยท EMD 66/100 ยท close 144.62 3 Oct 2025 ยท EMD 67/100 ยท close 147.32 10 Oct 2025 ยท EMD 68/100 ยท close 148.14 17 Oct 2025 ยท EMD 73/100 ยท close 149.26 24 Oct 2025 ยท EMD 64/100 ยท close 144.13 31 Oct 2025 ยท EMD 64/100 ยท close 144.24 7 Nov 2025 ยท EMD 61/100 ยท close 143.15 14 Nov 2025 ยท EMD 53/100 ยท close 139.56 21 Nov 2025 ยท EMD 50/100 ยท close 140.69 28 Nov 2025 ยท EMD 44/100 ยท close 137.47 5 Dec 2025 ยท EMD 42/100 ยท close 136.27 12 Dec 2025 ยท EMD 50/100 ยท close 144.11 19 Dec 2025 ยท EMD 52/100 ยท close 146.04 26 Dec 2025 ยท EMD 51/100 ยท close 144.30 2 Jan 2026 ยท EMD 62/100 ยท close 146.98 9 Jan 2026 ยท EMD 60/100 ยท close 148.06 16 Jan 2026 ยท EMD 59/100 ยท close 146.75 23 Jan 2026 ยท EMD 51/100 ยท close 137.93 30 Jan 2026 ยท EMD 36/100 ยท close 126.74 6 Feb 2026 ยท EMD 39/100 ยท close 136.89 13 Feb 2026 ยท EMD 40/100 ยท close 139.68 20 Feb 2026 ยท EMD 41/100 ยท close 138.31 27 Feb 2026 ยท EMD 43/100 ยท close 138.47 6 Mar 2026 ยท EMD 29/100 ยท close 107.71 13 Mar 2026 ยท EMD 27/100 ยท close 102.78 20 Mar 2026 ยท EMD 26/100 ยท close 104.99 27 Mar 2026 ยท EMD 22/100 ยท close 102.39 3 Apr 2026 ยท EMD 21/100 ยท close 87.99 10 Apr 2026 ยท EMD 26/100 ยท close 108.39 17 Apr 2026 ยท EMD 27/100 ยท close 111.29 24 Apr 2026 ยท EMD 26/100 ยท close 104.96 1 May 2026 ยท EMD 28/100 ยท close 97.00 8 May 2026 ยท EMD 26/100 ยท close 105.98 15 May 2026 ยท EMD 22/100 ยท close 88.29 22 May 2026 ยท EMD 23/100 ยท close 88.29 29 May 2026 ยท EMD 24/100 ยท close 88.29 5 Jun 2026 ยท EMD 23/100 ยท close 88.29 12 Jun 2026 ยท EMD 38/100 ยท close 111.18 19 Jun 2026 ยท EMD 43/100 ยท close 112.32 26 Jun 2026 ยท EMD 44/100 ยท close 114.20 3 Jul 2026 ยท EMD 48/100 ยท close 115.52 10 Jul 2026 ยท EMD 46/100 ยท close 114.74 17 Jul 2026 ยท EMD 43/100 ยท close 109.46 24 Jul 2026 ยท EMD 39/100 ยท close 104.56 31 Jul 2026 ยท EMD 39/100 ยท close 105.66 7 Aug 2026 ยท EMD 44/100 ยท close 112.16 14 Aug 2026 ยท EMD 46/100 ยท close 109.90 21 Aug 2026 ยท EMD 45/100 ยท close 107.32 28 Aug 2026 ยท EMD 46/100 ยท close 108.00 10 Jan 2025 ยท Down-cycle confirmed ยท close 133.51 28 Nov 2025 ยท Down-cycle confirmed ยท close 137.47 23 Jan 2026 ยท Down-cycle confirmed ยท close 137.93 10 Apr 2026 ยท Up-cycle confirmed ยท close 108.39 12 Jun 2026 ยท Up-cycle confirmed ยท close 111.18 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 13%Current EMD -8.14-week EMD change +13.0156-week price range USD 87.99โ€“149.26

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

65/1000.76

Strengthening beneath price
4-week change +0.16

02

Trend and deviation

29/100-0.8% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

72/1004w +2.2% ยท 13w +22.3%

Momentum is supportive
SMI 0.19

04

Price-volume pressure

27/10027% constructive pressure

Volume is leaning against the close
Volume ratio 2.85x

05

Relative leadership

4/100-19.57

The ticker is lagging its benchmark
4-week change +1.03

06

Modeled Trend

69/100Modeled Trend 0.27

Modeled Trend is supportive
Smoothed Modeled Trend 0.34

Evidence context