ASX ยท ETF ยท ENHANCED MARKET DYNAMICS

EMKT

VanEck MSCI Multifactor Emerging Markets Equity ETF

AU

EMD SCORE72/100

CURRENT COMPLETED-WEEK READ

Strongly constructive

The latest completed-week readings are broadly supportive. Conditions remain positive, but momentum has eased.

Constructive fade100% directional agreement100% evidence confidence
Completed week
28 Aug 2026
Latest close
AUD 35.40
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

6 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 AUD +100+500-50-100 38.3928.3918.38 8 Sep 2023 ยท EMD 69/100 ยท close 20.21 15 Sep 2023 ยท EMD 74/100 ยท close 20.31 22 Sep 2023 ยท EMD 72/100 ยท close 20.17 29 Sep 2023 ยท EMD 67/100 ยท close 19.97 6 Oct 2023 ยท EMD 64/100 ยท close 19.94 13 Oct 2023 ยท EMD 76/100 ยท close 20.26 20 Oct 2023 ยท EMD 57/100 ยท close 19.75 27 Oct 2023 ยท EMD 60/100 ยท close 19.45 3 Nov 2023 ยท EMD 62/100 ยท close 19.57 10 Nov 2023 ยท EMD 62/100 ยท close 19.86 17 Nov 2023 ยท EMD 65/100 ยท close 20.20 24 Nov 2023 ยท EMD 61/100 ยท close 20.01 1 Dec 2023 ยท EMD 62/100 ยท close 19.95 8 Dec 2023 ยท EMD 60/100 ยท close 20.00 15 Dec 2023 ยท EMD 64/100 ยท close 20.22 22 Dec 2023 ยท EMD 55/100 ยท close 19.93 29 Dec 2023 ยท EMD 60/100 ยท close 20.22 5 Jan 2024 ยท EMD 65/100 ยท close 20.41 12 Jan 2024 ยท EMD 64/100 ยท close 20.35 19 Jan 2024 ยท EMD 67/100 ยท close 20.40 26 Jan 2024 ยท EMD 75/100 ยท close 20.94 2 Feb 2024 ยท EMD 78/100 ยท close 21.29 9 Feb 2024 ยท EMD 80/100 ยท close 21.90 16 Feb 2024 ยท EMD 73/100 ยท close 21.94 23 Feb 2024 ยท EMD 84/100 ยท close 22.16 1 Mar 2024 ยท EMD 84/100 ยท close 22.46 8 Mar 2024 ยท EMD 75/100 ยท close 22.48 15 Mar 2024 ยท EMD 72/100 ยท close 22.27 22 Mar 2024 ยท EMD 81/100 ยท close 22.76 29 Mar 2024 ยท EMD 78/100 ยท close 22.60 5 Apr 2024 ยท EMD 71/100 ยท close 22.48 12 Apr 2024 ยท EMD 79/100 ยท close 22.75 19 Apr 2024 ยท EMD 69/100 ยท close 22.32 26 Apr 2024 ยท EMD 71/100 ยท close 22.74 3 May 2024 ยท EMD 82/100 ยท close 22.81 10 May 2024 ยท EMD 80/100 ยท close 22.97 17 May 2024 ยท EMD 79/100 ยท close 23.27 24 May 2024 ยท EMD 80/100 ยท close 23.73 31 May 2024 ยท EMD 65/100 ยท close 23.13 7 Jun 2024 ยท EMD 74/100 ยท close 23.25 14 Jun 2024 ยท EMD 79/100 ยท close 23.82 21 Jun 2024 ยท EMD 77/100 ยท close 23.97 28 Jun 2024 ยท EMD 79/100 ยท close 24.07 5 Jul 2024 ยท EMD 78/100 ยท close 24.12 12 Jul 2024 ยท EMD 72/100 ยท close 24.14 19 Jul 2024 ยท EMD 66/100 ยท close 23.58 26 Jul 2024 ยท EMD 74/100 ยท close 23.90 2 Aug 2024 ยท EMD 63/100 ยท close 23.74 9 Aug 2024 ยท EMD 69/100 ยท close 23.32 16 Aug 2024 ยท EMD 74/100 ยท close 23.83 23 Aug 2024 ยท EMD 60/100 ยท close 23.76 30 Aug 2024 ยท EMD 56/100 ยท close 23.47 6 Sep 2024 ยท EMD 56/100 ยท close 23.24 13 Sep 2024 ยท EMD 57/100 ยท close 23.21 20 Sep 2024 ยท EMD 57/100 ยท close 23.31 27 Sep 2024 ยท EMD 62/100 ยท close 24.01 4 Oct 2024 ยท EMD 59/100 ยท close 24.01 11 Oct 2024 ยท EMD 61/100 ยท close 24.13 18 Oct 2024 ยท EMD 65/100 ยท close 24.36 25 Oct 2024 ยท EMD 64/100 ยท close 24.41 1 Nov 2024 ยท EMD 64/100 ยท close 24.26 8 Nov 2024 ยท EMD 71/100 ยท close 24.38 15 Nov 2024 ยท EMD 62/100 ยท close 24.05 22 Nov 2024 ยท EMD 64/100 ยท close 24.23 29 Nov 2024 ยท EMD 59/100 ยท close 24.05 6 Dec 2024 ยท EMD 73/100 ยท close 25.05 13 Dec 2024 ยท EMD 70/100 ยท close 25.09 20 Dec 2024 ยท EMD 80/100 ยท close 25.48 27 Dec 2024 ยท EMD 73/100 ยท close 25.53 3 Jan 2025 ยท EMD 76/100 ยท close 25.49 10 Jan 2025 ยท EMD 71/100 ยท close 25.34 17 Jan 2025 ยท EMD 73/100 ยท close 25.25 24 Jan 2025 ยท EMD 67/100 ยท close 25.35 31 Jan 2025 ยท EMD 73/100 ยท close 25.59 7 Feb 2025 ยท EMD 67/100 ยท close 25.41 14 Feb 2025 ยท EMD 66/100 ยท close 25.32 21 Feb 2025 ยท EMD 73/100 ยท close 25.64 28 Feb 2025 ยท EMD 66/100 ยท close 25.33 7 Mar 2025 ยท EMD 77/100 ยท close 25.65 14 Mar 2025 ยท EMD 67/100 ยท close 25.33 21 Mar 2025 ยท EMD 74/100 ยท close 25.86 28 Mar 2025 ยท EMD 67/100 ยท close 25.81 4 Apr 2025 ยท EMD 62/100 ยท close 25.18 11 Apr 2025 ยท EMD 59/100 ยท close 24.34 18 Apr 2025 ยท EMD 52/100 ยท close 24.49 25 Apr 2025 ยท EMD 54/100 ยท close 25.10 2 May 2025 ยท EMD 63/100 ยท close 25.81 9 May 2025 ยท EMD 62/100 ยท close 25.81 16 May 2025 ยท EMD 71/100 ยท close 26.51 23 May 2025 ยท EMD 63/100 ยท close 26.57 30 May 2025 ยท EMD 74/100 ยท close 26.74 6 Jun 2025 ยท EMD 76/100 ยท close 26.91 13 Jun 2025 ยท EMD 73/100 ยท close 27.51 20 Jun 2025 ยท EMD 73/100 ยท close 27.39 27 Jun 2025 ยท EMD 82/100 ยท close 28.16 4 Jul 2025 ยท EMD 75/100 ยท close 28.30 11 Jul 2025 ยท EMD 74/100 ยท close 28.30 18 Jul 2025 ยท EMD 82/100 ยท close 28.70 25 Jul 2025 ยท EMD 75/100 ยท close 28.67 1 Aug 2025 ยท EMD 74/100 ยท close 28.44 8 Aug 2025 ยท EMD 81/100 ยท close 28.66 15 Aug 2025 ยท EMD 75/100 ยท close 29.10 22 Aug 2025 ยท EMD 73/100 ยท close 29.06 29 Aug 2025 ยท EMD 71/100 ยท close 28.72 5 Sep 2025 ยท EMD 79/100 ยท close 28.79 12 Sep 2025 ยท EMD 77/100 ยท close 29.22 19 Sep 2025 ยท EMD 80/100 ยท close 29.75 26 Sep 2025 ยท EMD 71/100 ยท close 29.36 3 Oct 2025 ยท EMD 83/100 ยท close 29.93 10 Oct 2025 ยท EMD 73/100 ยท close 30.02 17 Oct 2025 ยท EMD 85/100 ยท close 30.97 24 Oct 2025 ยท EMD 76/100 ยท close 30.95 31 Oct 2025 ยท EMD 82/100 ยท close 31.52 7 Nov 2025 ยท EMD 76/100 ยท close 31.11 14 Nov 2025 ยท EMD 82/100 ยท close 31.64 21 Nov 2025 ยท EMD 74/100 ยท close 30.79 28 Nov 2025 ยท EMD 73/100 ยท close 30.89 5 Dec 2025 ยท EMD 70/100 ยท close 30.87 12 Dec 2025 ยท EMD 75/100 ยท close 31.04 19 Dec 2025 ยท EMD 67/100 ยท close 30.35 26 Dec 2025 ยท EMD 70/100 ยท close 30.76 2 Jan 2026 ยท EMD 71/100 ยท close 31.35 9 Jan 2026 ยท EMD 74/100 ยท close 32.15 16 Jan 2026 ยท EMD 76/100 ยท close 33.02 23 Jan 2026 ยท EMD 72/100 ยท close 32.96 30 Jan 2026 ยท EMD 80/100 ยท close 33.30 6 Feb 2026 ยท EMD 74/100 ยท close 32.61 13 Feb 2026 ยท EMD 75/100 ยท close 33.44 20 Feb 2026 ยท EMD 76/100 ยท close 33.85 27 Feb 2026 ยท EMD 83/100 ยท close 34.85 6 Mar 2026 ยท EMD 69/100 ยท close 32.03 13 Mar 2026 ยท EMD 71/100 ยท close 31.63 20 Mar 2026 ยท EMD 65/100 ยท close 31.62 27 Mar 2026 ยท EMD 61/100 ยท close 31.30 3 Apr 2026 ยท EMD 52/100 ยท close 31.00 10 Apr 2026 ยท EMD 67/100 ยท close 33.11 17 Apr 2026 ยท EMD 67/100 ยท close 33.51 24 Apr 2026 ยท EMD 75/100 ยท close 34.48 1 May 2026 ยท EMD 57/100 ยท close 30.73 8 May 2026 ยท EMD 68/100 ยท close 32.85 15 May 2026 ยท EMD 61/100 ยท close 32.78 22 May 2026 ยท EMD 67/100 ยท close 33.60 29 May 2026 ยท EMD 79/100 ยท close 35.86 5 Jun 2026 ยท EMD 76/100 ยท close 34.76 12 Jun 2026 ยท EMD 79/100 ยท close 35.37 19 Jun 2026 ยท EMD 79/100 ยท close 37.32 26 Jun 2026 ยท EMD 75/100 ยท close 35.63 3 Jul 2026 ยท EMD 84/100 ยท close 36.50 10 Jul 2026 ยท EMD 80/100 ยท close 35.95 17 Jul 2026 ยท EMD 61/100 ยท close 33.00 24 Jul 2026 ยท EMD 68/100 ยท close 34.18 31 Jul 2026 ยท EMD 75/100 ยท close 34.44 7 Aug 2026 ยท EMD 56/100 ยท close 34.06 14 Aug 2026 ยท EMD 77/100 ยท close 35.37 21 Aug 2026 ยท EMD 74/100 ยท close 35.41 28 Aug 2026 ยท EMD 72/100 ยท close 35.40 2 Feb 2024 ยท Up-cycle confirmed ยท close 21.29 17 Jul 2026 ยท Down-cycle confirmed ยท close 33.00 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 92%Current EMD +44.44-week EMD change -5.7156-week price range AUD 19.45โ€“37.32

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

61/1000.10

Strengthening beneath price
4-week change +0.13

02

Trend and deviation

84/100+4.5% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

66/1004w +2.8% ยท 13w -1.3%

Momentum is supportive
SMI 0.69

04

Price-volume pressure

63/10063% constructive pressure

Volume is confirming the close
Volume ratio 3.96x

05

Relative leadership

70/1005.10

Leadership is supportive
4-week change +0.22

06

Modeled Trend

89/100Modeled Trend 0.82

Modeled Trend is supportive
Smoothed Modeled Trend 0.77

Evidence context