GER ยท EQUITY ยท ENHANCED MARKET DYNAMICS

PSAN

PSI Software SE

DE ยท Technology ยท Software - Application

EMD SCORE49/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration0% directional agreement68% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 45.00
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 EUR +100+500-50-100 48.0933.2318.36 8 Sep 2023 ยท EMD 33/100 ยท close 23.65 15 Sep 2023 ยท EMD 36/100 ยท close 24.05 22 Sep 2023 ยท EMD 33/100 ยท close 23.75 29 Sep 2023 ยท EMD 40/100 ยท close 24.55 6 Oct 2023 ยท EMD 31/100 ยท close 22.95 13 Oct 2023 ยท EMD 30/100 ยท close 23.00 20 Oct 2023 ยท EMD 31/100 ยท close 22.85 27 Oct 2023 ยท EMD 31/100 ยท close 22.50 3 Nov 2023 ยท EMD 36/100 ยท close 22.75 10 Nov 2023 ยท EMD 32/100 ยท close 23.40 17 Nov 2023 ยท EMD 37/100 ยท close 24.05 24 Nov 2023 ยท EMD 34/100 ยท close 23.20 1 Dec 2023 ยท EMD 38/100 ยท close 23.05 8 Dec 2023 ยท EMD 29/100 ยท close 22.90 15 Dec 2023 ยท EMD 42/100 ยท close 24.20 22 Dec 2023 ยท EMD 51/100 ยท close 25.85 29 Dec 2023 ยท EMD 46/100 ยท close 25.30 5 Jan 2024 ยท EMD 42/100 ยท close 23.60 12 Jan 2024 ยท EMD 39/100 ยท close 23.20 19 Jan 2024 ยท EMD 36/100 ยท close 22.75 26 Jan 2024 ยท EMD 41/100 ยท close 23.00 2 Feb 2024 ยท EMD 40/100 ยท close 23.20 9 Feb 2024 ยท EMD 43/100 ยท close 23.25 16 Feb 2024 ยท EMD 45/100 ยท close 22.80 23 Feb 2024 ยท EMD 33/100 ยท close 21.20 1 Mar 2024 ยท EMD 31/100 ยท close 20.50 8 Mar 2024 ยท EMD 30/100 ยท close 20.15 15 Mar 2024 ยท EMD 29/100 ยท close 21.00 22 Mar 2024 ยท EMD 36/100 ยท close 22.00 29 Mar 2024 ยท EMD 44/100 ยท close 23.00 5 Apr 2024 ยท EMD 36/100 ยท close 21.40 12 Apr 2024 ยท EMD 33/100 ยท close 20.80 19 Apr 2024 ยท EMD 27/100 ยท close 20.00 26 Apr 2024 ยท EMD 44/100 ยท close 22.50 3 May 2024 ยท EMD 40/100 ยท close 22.60 10 May 2024 ยท EMD 47/100 ยท close 23.20 17 May 2024 ยท EMD 48/100 ยท close 23.40 24 May 2024 ยท EMD 52/100 ยท close 23.50 31 May 2024 ยท EMD 43/100 ยท close 22.00 7 Jun 2024 ยท EMD 46/100 ยท close 21.20 14 Jun 2024 ยท EMD 34/100 ยท close 20.70 21 Jun 2024 ยท EMD 41/100 ยท close 20.80 28 Jun 2024 ยท EMD 45/100 ยท close 21.90 5 Jul 2024 ยท EMD 50/100 ยท close 22.80 12 Jul 2024 ยท EMD 53/100 ยท close 22.90 19 Jul 2024 ยท EMD 44/100 ยท close 21.20 26 Jul 2024 ยท EMD 42/100 ยท close 21.30 2 Aug 2024 ยท EMD 34/100 ยท close 20.20 9 Aug 2024 ยท EMD 37/100 ยท close 19.95 16 Aug 2024 ยท EMD 37/100 ยท close 20.50 23 Aug 2024 ยท EMD 33/100 ยท close 20.40 30 Aug 2024 ยท EMD 41/100 ยท close 20.70 6 Sep 2024 ยท EMD 41/100 ยท close 20.80 13 Sep 2024 ยท EMD 50/100 ยท close 22.30 20 Sep 2024 ยท EMD 48/100 ยท close 22.00 27 Sep 2024 ยท EMD 50/100 ยท close 22.20 4 Oct 2024 ยท EMD 50/100 ยท close 22.20 11 Oct 2024 ยท EMD 52/100 ยท close 22.40 18 Oct 2024 ยท EMD 52/100 ยท close 22.40 25 Oct 2024 ยท EMD 52/100 ยท close 22.30 1 Nov 2024 ยท EMD 49/100 ยท close 21.50 8 Nov 2024 ยท EMD 50/100 ยท close 21.50 15 Nov 2024 ยท EMD 44/100 ยท close 21.00 22 Nov 2024 ยท EMD 50/100 ยท close 21.60 29 Nov 2024 ยท EMD 51/100 ยท close 21.80 6 Dec 2024 ยท EMD 45/100 ยท close 21.10 13 Dec 2024 ยท EMD 42/100 ยท close 20.80 20 Dec 2024 ยท EMD 43/100 ยท close 20.90 27 Dec 2024 ยท EMD 42/100 ยท close 21.00 3 Jan 2025 ยท EMD 43/100 ยท close 21.20 10 Jan 2025 ยท EMD 45/100 ยท close 21.50 17 Jan 2025 ยท EMD 48/100 ยท close 21.90 24 Jan 2025 ยท EMD 45/100 ยท close 21.80 31 Jan 2025 ยท EMD 56/100 ยท close 22.40 7 Feb 2025 ยท EMD 63/100 ยท close 23.00 14 Feb 2025 ยท EMD 87/100 ยท close 27.40 21 Feb 2025 ยท EMD 84/100 ยท close 27.10 28 Feb 2025 ยท EMD 89/100 ยท close 29.00 7 Mar 2025 ยท EMD 89/100 ยท close 29.40 14 Mar 2025 ยท EMD 88/100 ยท close 29.60 21 Mar 2025 ยท EMD 77/100 ยท close 28.20 28 Mar 2025 ยท EMD 69/100 ยท close 26.00 4 Apr 2025 ยท EMD 60/100 ยท close 23.40 11 Apr 2025 ยท EMD 69/100 ยท close 24.00 18 Apr 2025 ยท EMD 72/100 ยท close 25.80 25 Apr 2025 ยท EMD 78/100 ยท close 27.30 2 May 2025 ยท EMD 89/100 ยท close 31.80 9 May 2025 ยท EMD 85/100 ยท close 31.00 16 May 2025 ยท EMD 82/100 ยท close 30.70 23 May 2025 ยท EMD 76/100 ยท close 29.40 30 May 2025 ยท EMD 84/100 ยท close 31.80 6 Jun 2025 ยท EMD 71/100 ยท close 30.50 13 Jun 2025 ยท EMD 70/100 ยท close 29.50 20 Jun 2025 ยท EMD 69/100 ยท close 28.60 27 Jun 2025 ยท EMD 75/100 ยท close 30.30 4 Jul 2025 ยท EMD 73/100 ยท close 29.80 11 Jul 2025 ยท EMD 78/100 ยท close 30.30 18 Jul 2025 ยท EMD 78/100 ยท close 30.50 25 Jul 2025 ยท EMD 72/100 ยท close 30.10 1 Aug 2025 ยท EMD 56/100 ยท close 28.00 8 Aug 2025 ยท EMD 48/100 ยท close 27.00 15 Aug 2025 ยท EMD 40/100 ยท close 26.40 22 Aug 2025 ยท EMD 44/100 ยท close 27.30 29 Aug 2025 ยท EMD 57/100 ยท close 29.40 5 Sep 2025 ยท EMD 44/100 ยท close 27.10 12 Sep 2025 ยท EMD 47/100 ยท close 27.40 19 Sep 2025 ยท EMD 47/100 ยท close 27.50 26 Sep 2025 ยท EMD 39/100 ยท close 26.90 3 Oct 2025 ยท EMD 36/100 ยท close 26.00 10 Oct 2025 ยท EMD 72/100 ยท close 33.20 17 Oct 2025 ยท EMD 85/100 ยท close 45.00 24 Oct 2025 ยท EMD 74/100 ยท close 45.00 31 Oct 2025 ยท EMD 80/100 ยท close 45.10 7 Nov 2025 ยท EMD 88/100 ยท close 45.00 14 Nov 2025 ยท EMD 89/100 ยท close 44.30 21 Nov 2025 ยท EMD 90/100 ยท close 45.00 28 Nov 2025 ยท EMD 88/100 ยท close 45.10 5 Dec 2025 ยท EMD 88/100 ยท close 45.10 12 Dec 2025 ยท EMD 87/100 ยท close 45.00 19 Dec 2025 ยท EMD 87/100 ยท close 46.00 26 Dec 2025 ยท EMD 84/100 ยท close 45.00 2 Jan 2026 ยท EMD 84/100 ยท close 45.00 9 Jan 2026 ยท EMD 83/100 ยท close 45.00 16 Jan 2026 ยท EMD 79/100 ยท close 45.00 23 Jan 2026 ยท EMD 78/100 ยท close 45.00 30 Jan 2026 ยท EMD 76/100 ยท close 45.00 6 Feb 2026 ยท EMD 76/100 ยท close 45.30 13 Feb 2026 ยท EMD 70/100 ยท close 45.10 20 Feb 2026 ยท EMD 74/100 ยท close 45.20 27 Feb 2026 ยท EMD 76/100 ยท close 45.90 6 Mar 2026 ยท EMD 76/100 ยท close 46.00 13 Mar 2026 ยท EMD 76/100 ยท close 45.60 20 Mar 2026 ยท EMD 68/100 ยท close 45.00 27 Mar 2026 ยท EMD 77/100 ยท close 46.50 3 Apr 2026 ยท EMD 72/100 ยท close 45.30 10 Apr 2026 ยท EMD 69/100 ยท close 45.40 17 Apr 2026 ยท EMD 69/100 ยท close 45.70 24 Apr 2026 ยท EMD 65/100 ยท close 45.30 1 May 2026 ยท EMD 64/100 ยท close 45.20 8 May 2026 ยท EMD 63/100 ยท close 45.10 15 May 2026 ยท EMD 68/100 ยท close 45.90 22 May 2026 ยท EMD 58/100 ยท close 45.00 29 May 2026 ยท EMD 54/100 ยท close 45.00 5 Jun 2026 ยท EMD 55/100 ยท close 45.20 12 Jun 2026 ยท EMD 55/100 ยท close 45.30 19 Jun 2026 ยท EMD 54/100 ยท close 45.10 26 Jun 2026 ยท EMD 53/100 ยท close 45.00 3 Jul 2026 ยท EMD 54/100 ยท close 45.80 10 Jul 2026 ยท EMD 66/100 ยท close 46.40 17 Jul 2026 ยท EMD 59/100 ยท close 45.00 24 Jul 2026 ยท EMD 61/100 ยท close 45.50 31 Jul 2026 ยท EMD 69/100 ยท close 45.90 7 Aug 2026 ยท EMD 41/100 ยท close 44.80 14 Aug 2026 ยท EMD 50/100 ยท close 45.00 21 Aug 2026 ยท EMD 45/100 ยท close 44.60 28 Aug 2026 ยท EMD 49/100 ยท close 45.00 29 Mar 2024 ยท Up-cycle confirmed ยท close 23.00 26 Apr 2024 ยท Up-cycle confirmed ยท close 22.50 5 Jul 2024 ยท Up-cycle confirmed ยท close 22.80 13 Sep 2024 ยท Up-cycle confirmed ยท close 22.30 7 Feb 2025 ยท Up-cycle confirmed ยท close 23.00 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 86%Current EMD -1.84-week EMD change -39.1156-week price range EUR 19.95โ€“46.50

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

28/100-0.77

Cautious pressure beneath price
4-week change -0.46

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

58/1004w -2.0% ยท 13w +0.0%

Momentum is supportive
SMI 0.51

04

Price-volume pressure

67/10067% constructive pressure

Volume is confirming the close
Volume ratio 5.71x

05

Relative leadership

33/100-4.26

The ticker is lagging its benchmark
4-week change -8.04

06

Modeled Trend

78/100Modeled Trend 0.47

Modeled Trend is supportive
Smoothed Modeled Trend 0.48

Evidence context