EBS ยท ETF ยท ENHANCED MARKET DYNAMICS

USPA

Franklin S&P 500 Paris Aligned Climate UCITS ETF

CH

EMD SCORE75/100

CURRENT COMPLETED-WEEK READ

Strongly constructive

The latest completed-week readings are broadly supportive. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build100% directional agreement100% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 64.36
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 supportive ยท 0 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 66.2248.8831.54 8 Sep 2023 ยท EMD 60/100 ยท close 36.13 15 Sep 2023 ยท EMD 67/100 ยท close 36.58 22 Sep 2023 ยท EMD 53/100 ยท close 35.08 29 Sep 2023 ยท EMD 61/100 ยท close 34.82 6 Oct 2023 ยท EMD 51/100 ยท close 34.26 13 Oct 2023 ยท EMD 62/100 ยท close 35.42 20 Oct 2023 ยท EMD 50/100 ยท close 34.49 27 Oct 2023 ยท EMD 48/100 ยท close 33.40 3 Nov 2023 ยท EMD 55/100 ยท close 35.22 10 Nov 2023 ยท EMD 52/100 ยท close 35.52 17 Nov 2023 ยท EMD 59/100 ยท close 36.69 24 Nov 2023 ยท EMD 74/100 ยท close 37.24 1 Dec 2023 ยท EMD 77/100 ยท close 37.51 8 Dec 2023 ยท EMD 73/100 ยท close 37.44 15 Dec 2023 ยท EMD 82/100 ยท close 38.81 22 Dec 2023 ยท EMD 85/100 ยท close 38.84 29 Dec 2023 ยท EMD 79/100 ยท close 39.03 5 Jan 2024 ยท EMD 73/100 ยท close 38.30 12 Jan 2024 ยท EMD 86/100 ยท close 39.16 19 Jan 2024 ยท EMD 83/100 ยท close 39.59 26 Jan 2024 ยท EMD 81/100 ยท close 40.26 2 Feb 2024 ยท EMD 89/100 ยท close 40.82 9 Feb 2024 ยท EMD 90/100 ยท close 41.45 16 Feb 2024 ยท EMD 86/100 ยท close 41.47 23 Feb 2024 ยท EMD 90/100 ยท close 42.12 1 Mar 2024 ยท EMD 86/100 ยท close 42.46 8 Mar 2024 ยท EMD 93/100 ยท close 42.91 15 Mar 2024 ยท EMD 73/100 ยท close 42.37 22 Mar 2024 ยท EMD 93/100 ยท close 43.62 29 Mar 2024 ยท EMD 91/100 ยท close 43.53 5 Apr 2024 ยท EMD 76/100 ยท close 42.86 12 Apr 2024 ยท EMD 71/100 ยท close 42.44 19 Apr 2024 ยท EMD 70/100 ยท close 41.17 26 Apr 2024 ยท EMD 76/100 ยท close 42.19 3 May 2024 ยท EMD 74/100 ยท close 42.61 10 May 2024 ยท EMD 72/100 ยท close 42.83 17 May 2024 ยท EMD 74/100 ยท close 43.89 24 May 2024 ยท EMD 72/100 ยท close 43.88 31 May 2024 ยท EMD 64/100 ยท close 43.23 7 Jun 2024 ยท EMD 75/100 ยท close 44.44 14 Jun 2024 ยท EMD 73/100 ยท close 44.76 21 Jun 2024 ยท EMD 77/100 ยท close 45.72 28 Jun 2024 ยท EMD 78/100 ยท close 45.78 5 Jul 2024 ยท EMD 80/100 ยท close 46.01 12 Jul 2024 ยท EMD 85/100 ยท close 46.76 19 Jul 2024 ยท EMD 72/100 ยท close 46.21 26 Jul 2024 ยท EMD 71/100 ยท close 45.21 2 Aug 2024 ยท EMD 74/100 ยท close 44.88 9 Aug 2024 ยท EMD 70/100 ยท close 44.10 16 Aug 2024 ยท EMD 73/100 ยท close 46.15 23 Aug 2024 ยท EMD 73/100 ยท close 46.83 30 Aug 2024 ยท EMD 71/100 ยท close 46.73 6 Sep 2024 ยท EMD 64/100 ยท close 45.58 13 Sep 2024 ยท EMD 79/100 ยท close 47.06 20 Sep 2024 ยท EMD 81/100 ยท close 47.66 27 Sep 2024 ยท EMD 82/100 ยท close 48.24 4 Oct 2024 ยท EMD 78/100 ยท close 47.96 11 Oct 2024 ยท EMD 78/100 ยท close 48.37 18 Oct 2024 ยท EMD 79/100 ยท close 48.79 25 Oct 2024 ยท EMD 80/100 ยท close 48.62 1 Nov 2024 ยท EMD 72/100 ยท close 48.05 8 Nov 2024 ยท EMD 84/100 ยท close 50.10 15 Nov 2024 ยท EMD 77/100 ยท close 50.13 22 Nov 2024 ยท EMD 88/100 ยท close 49.38 29 Nov 2024 ยท EMD 86/100 ยท close 50.27 6 Dec 2024 ยท EMD 84/100 ยท close 51.03 13 Dec 2024 ยท EMD 82/100 ยท close 50.97 20 Dec 2024 ยท EMD 71/100 ยท close 48.87 27 Dec 2024 ยท EMD 76/100 ยท close 49.83 3 Jan 2025 ยท EMD 71/100 ยท close 49.25 10 Jan 2025 ยท EMD 62/100 ยท close 49.41 17 Jan 2025 ยท EMD 68/100 ยท close 49.81 24 Jan 2025 ยท EMD 70/100 ยท close 50.96 31 Jan 2025 ยท EMD 78/100 ยท close 51.12 7 Feb 2025 ยท EMD 70/100 ยท close 50.62 14 Feb 2025 ยท EMD 78/100 ยท close 51.30 21 Feb 2025 ยท EMD 72/100 ยท close 51.49 28 Feb 2025 ยท EMD 58/100 ยท close 49.91 7 Mar 2025 ยท EMD 50/100 ยท close 48.31 14 Mar 2025 ยท EMD 40/100 ยท close 46.87 21 Mar 2025 ยท EMD 41/100 ยท close 47.03 28 Mar 2025 ยท EMD 37/100 ยท close 47.10 4 Apr 2025 ยท EMD 33/100 ยท close 43.96 11 Apr 2025 ยท EMD 45/100 ยท close 44.17 18 Apr 2025 ยท EMD 38/100 ยท close 44.59 25 Apr 2025 ยท EMD 44/100 ยท close 45.90 2 May 2025 ยท EMD 49/100 ยท close 47.31 9 May 2025 ยท EMD 49/100 ยท close 47.62 16 May 2025 ยท EMD 55/100 ยท close 49.88 23 May 2025 ยท EMD 51/100 ยท close 49.22 30 May 2025 ยท EMD 55/100 ยท close 49.69 6 Jun 2025 ยท EMD 62/100 ยท close 50.23 13 Jun 2025 ยท EMD 59/100 ยท close 50.28 20 Jun 2025 ยท EMD 60/100 ยท close 49.97 27 Jun 2025 ยท EMD 71/100 ยท close 51.39 4 Jul 2025 ยท EMD 71/100 ยท close 52.21 11 Jul 2025 ยท EMD 73/100 ยท close 52.09 18 Jul 2025 ยท EMD 81/100 ยท close 52.32 25 Jul 2025 ยท EMD 81/100 ยท close 52.97 1 Aug 2025 ยท EMD 80/100 ยท close 53.06 8 Aug 2025 ยท EMD 86/100 ยท close 53.13 15 Aug 2025 ยท EMD 80/100 ยท close 53.67 22 Aug 2025 ยท EMD 82/100 ยท close 53.92 29 Aug 2025 ยท EMD 81/100 ยท close 54.08 5 Sep 2025 ยท EMD 82/100 ยท close 53.95 12 Sep 2025 ยท EMD 81/100 ยท close 54.75 19 Sep 2025 ยท EMD 83/100 ยท close 55.38 26 Sep 2025 ยท EMD 81/100 ยท close 55.11 3 Oct 2025 ยท EMD 89/100 ยท close 56.16 10 Oct 2025 ยท EMD 85/100 ยท close 56.31 17 Oct 2025 ยท EMD 69/100 ยท close 55.30 24 Oct 2025 ยท EMD 79/100 ยท close 56.20 31 Oct 2025 ยท EMD 74/100 ยท close 57.09 7 Nov 2025 ยท EMD 70/100 ยท close 55.62 14 Nov 2025 ยท EMD 69/100 ยท close 55.64 21 Nov 2025 ยท EMD 68/100 ยท close 55.01 28 Nov 2025 ยท EMD 70/100 ยท close 56.78 5 Dec 2025 ยท EMD 75/100 ยท close 57.17 12 Dec 2025 ยท EMD 73/100 ยท close 57.02 19 Dec 2025 ยท EMD 73/100 ยท close 56.85 26 Dec 2025 ยท EMD 70/100 ยท close 57.28 2 Jan 2026 ยท EMD 69/100 ยท close 57.46 9 Jan 2026 ยท EMD 72/100 ยท close 57.68 16 Jan 2026 ยท EMD 67/100 ยท close 57.35 23 Jan 2026 ยท EMD 72/100 ยท close 57.02 30 Jan 2026 ยท EMD 61/100 ยท close 56.83 6 Feb 2026 ยท EMD 54/100 ยท close 56.16 13 Feb 2026 ยท EMD 52/100 ยท close 55.61 20 Feb 2026 ยท EMD 52/100 ยท close 55.64 27 Feb 2026 ยท EMD 52/100 ยท close 55.92 6 Mar 2026 ยท EMD 49/100 ยท close 55.78 13 Mar 2026 ยท EMD 46/100 ยท close 54.10 20 Mar 2026 ยท EMD 39/100 ยท close 53.15 27 Mar 2026 ยท EMD 33/100 ยท close 51.82 3 Apr 2026 ยท EMD 46/100 ยท close 53.11 10 Apr 2026 ยท EMD 47/100 ยท close 54.74 17 Apr 2026 ยท EMD 53/100 ยท close 57.58 24 Apr 2026 ยท EMD 52/100 ยท close 57.41 1 May 2026 ยท EMD 67/100 ยท close 57.96 8 May 2026 ยท EMD 69/100 ยท close 59.93 15 May 2026 ยท EMD 78/100 ยท close 60.21 22 May 2026 ยท EMD 78/100 ยท close 60.93 29 May 2026 ยท EMD 81/100 ยท close 62.14 5 Jun 2026 ยท EMD 71/100 ยท close 61.82 12 Jun 2026 ยท EMD 70/100 ยท close 59.52 19 Jun 2026 ยท EMD 73/100 ยท close 61.11 26 Jun 2026 ยท EMD 67/100 ยท close 60.46 3 Jul 2026 ยท EMD 68/100 ยท close 61.47 10 Jul 2026 ยท EMD 72/100 ยท close 61.69 17 Jul 2026 ยท EMD 67/100 ยท close 61.17 24 Jul 2026 ยท EMD 66/100 ยท close 60.52 31 Jul 2026 ยท EMD 69/100 ยท close 61.21 7 Aug 2026 ยท EMD 73/100 ยท close 63.47 14 Aug 2026 ยท EMD 82/100 ยท close 63.81 21 Aug 2026 ยท EMD 77/100 ยท close 63.76 28 Aug 2026 ยท EMD 75/100 ยท close 64.36 17 Nov 2023 ยท Up-cycle confirmed ยท close 36.69 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 93%Current EMD +51.04-week EMD change +12.8156-week price range USD 33.40โ€“64.36

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

80/1000.55

Strengthening beneath price
4-week change +0.23

02

Trend and deviation

94/100+9.3% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

75/1004w +5.1% ยท 13w +3.6%

Momentum is supportive
SMI 0.94

04

Price-volume pressure

53/10053% constructive pressure

Volume is confirming the close
Volume ratio 0.13x

05

Relative leadership

60/1002.42

Leadership is supportive
4-week change +4.59

06

Modeled Trend

91/100Modeled Trend 0.88

Modeled Trend is supportive
Smoothed Modeled Trend 0.80

Evidence context