TOR ยท ETF ยท ENHANCED MARKET DYNAMICS

MMMM

3M Company

CA

EMD SCORE69/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build60% directional agreement76% evidence confidence
Completed week
28 Aug 2026
Latest close
CAD 27.23
Evidence
33 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.
16 Jan 2026โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท CAD +100+500-50-100 28.9025.2021.50 16 Jan 2026 ยท EMD 42/100 ยท close 26.69 23 Jan 2026 ยท EMD 46/100 ยท close 25.57 30 Jan 2026 ยท EMD 41/100 ยท close 24.11 6 Feb 2026 ยท EMD 49/100 ยท close 26.98 13 Feb 2026 ยท EMD 44/100 ยท close 26.90 20 Feb 2026 ยท EMD 45/100 ยท close 25.92 27 Feb 2026 ยท EMD 49/100 ยท close 26.11 6 Mar 2026 ยท EMD 41/100 ยท close 24.04 13 Mar 2026 ยท EMD 42/100 ยท close 23.82 20 Mar 2026 ยท EMD 38/100 ยท close 21.90 27 Mar 2026 ยท EMD 42/100 ยท close 22.82 3 Apr 2026 ยท EMD 44/100 ยท close 22.79 10 Apr 2026 ยท EMD 45/100 ยท close 23.58 17 Apr 2026 ยท EMD 53/100 ยท close 24.31 24 Apr 2026 ยท EMD 36/100 ยท close 22.86 1 May 2026 ยท EMD 36/100 ยท close 22.38 8 May 2026 ยท EMD 39/100 ยท close 22.48 15 May 2026 ยท EMD 47/100 ยท close 22.88 22 May 2026 ยท EMD 45/100 ยท close 23.83 29 May 2026 ยท EMD 41/100 ยท close 23.98 5 Jun 2026 ยท EMD 43/100 ยท close 24.00 12 Jun 2026 ยท EMD 53/100 ยท close 24.88 19 Jun 2026 ยท EMD 47/100 ยท close 25.40 26 Jun 2026 ยท EMD 48/100 ยท close 26.29 3 Jul 2026 ยท EMD 50/100 ยท close 26.06 10 Jul 2026 ยท EMD 46/100 ยท close 24.72 17 Jul 2026 ยท EMD 46/100 ยท close 25.10 24 Jul 2026 ยท EMD 51/100 ยท close 26.88 31 Jul 2026 ยท EMD 52/100 ยท close 27.53 7 Aug 2026 ยท EMD 82/100 ยท close 28.13 14 Aug 2026 ยท EMD 88/100 ยท close 28.51 21 Aug 2026 ยท EMD 75/100 ยท close 27.81 28 Aug 2026 ยท EMD 69/100 ยท close 27.23 10 Apr 2026 ยท Up-cycle confirmed ยท close 23.58 22 May 2026 ยท Up-cycle confirmed ยท close 23.83 16 Jan 20268 May 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 91%Current EMD +38.74-week EMD change +34.2156-week price range CAD 21.90โ€“28.51

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

91/1001.11

Strengthening beneath price
4-week change +0.41

02

Trend and deviation

94/100+8.9% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

69/1004w -1.1% ยท 13w +13.6%

Momentum is supportive
SMI 0.53

04

Price-volume pressure

19/10019% constructive pressure

Volume is leaning against the close
Volume ratio 1.90x

05

Modeled Trend

87/100Modeled Trend 0.71

Modeled Trend is supportive
Smoothed Modeled Trend 0.72

Evidence context