LSE ยท ETF ยท ENHANCED MARKET DYNAMICS

CSTP

State Street SPDR MSCI Europe Consumer Staples UCITS ETF

GB

EMD SCORE57/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions remain positive, but momentum has eased.

Constructive fade33% directional agreement79% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 234.88
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 supportive ยท 2 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+500-50-100 253.63229.59205.55 8 Sep 2023 ยท EMD 47/100 ยท close 222.25 15 Sep 2023 ยท EMD 48/100 ยท close 223.27 22 Sep 2023 ยท EMD 43/100 ยท close 221.90 29 Sep 2023 ยท EMD 44/100 ยท close 216.85 6 Oct 2023 ยท EMD 38/100 ยท close 212.15 13 Oct 2023 ยท EMD 38/100 ยท close 214.25 20 Oct 2023 ยท EMD 35/100 ยท close 211.88 27 Oct 2023 ยท EMD 37/100 ยท close 209.12 3 Nov 2023 ยท EMD 49/100 ยท close 215.48 10 Nov 2023 ยท EMD 41/100 ยท close 213.25 17 Nov 2023 ยท EMD 41/100 ยท close 212.95 24 Nov 2023 ยท EMD 45/100 ยท close 216.68 1 Dec 2023 ยท EMD 44/100 ยท close 217.20 8 Dec 2023 ยท EMD 45/100 ยท close 217.70 15 Dec 2023 ยท EMD 42/100 ยท close 216.57 22 Dec 2023 ยท EMD 44/100 ยท close 216.30 29 Dec 2023 ยท EMD 47/100 ยท close 217.70 5 Jan 2024 ยท EMD 49/100 ยท close 218.20 12 Jan 2024 ยท EMD 51/100 ยท close 219.07 19 Jan 2024 ยท EMD 46/100 ยท close 214.38 26 Jan 2024 ยท EMD 52/100 ยท close 219.27 2 Feb 2024 ยท EMD 50/100 ยท close 220.32 9 Feb 2024 ยท EMD 46/100 ยท close 218.88 16 Feb 2024 ยท EMD 60/100 ยท close 220.30 23 Feb 2024 ยท EMD 49/100 ยท close 220.18 1 Mar 2024 ยท EMD 44/100 ยท close 213.57 8 Mar 2024 ยท EMD 56/100 ยท close 214.45 15 Mar 2024 ยท EMD 43/100 ยท close 213.95 22 Mar 2024 ยท EMD 43/100 ยท close 212.95 29 Mar 2024 ยท EMD 53/100 ยท close 215.77 5 Apr 2024 ยท EMD 33/100 ยท close 208.25 12 Apr 2024 ยท EMD 37/100 ยท close 208.12 19 Apr 2024 ยท EMD 42/100 ยท close 211.50 26 Apr 2024 ยท EMD 42/100 ยท close 214.68 3 May 2024 ยท EMD 45/100 ยท close 216.25 10 May 2024 ยท EMD 50/100 ยท close 222.93 17 May 2024 ยท EMD 59/100 ยท close 224.82 24 May 2024 ยท EMD 56/100 ยท close 220.25 31 May 2024 ยท EMD 67/100 ยท close 220.57 7 Jun 2024 ยท EMD 66/100 ยท close 225.20 14 Jun 2024 ยท EMD 58/100 ยท close 222.40 21 Jun 2024 ยท EMD 57/100 ยท close 220.80 28 Jun 2024 ยท EMD 54/100 ยท close 214.55 5 Jul 2024 ยท EMD 60/100 ยท close 215.95 12 Jul 2024 ยท EMD 59/100 ยท close 219.93 19 Jul 2024 ยท EMD 58/100 ยท close 219.30 26 Jul 2024 ยท EMD 59/100 ยท close 219.77 2 Aug 2024 ยท EMD 60/100 ยท close 219.75 9 Aug 2024 ยท EMD 63/100 ยท close 218.55 16 Aug 2024 ยท EMD 64/100 ยท close 219.77 23 Aug 2024 ยท EMD 67/100 ยท close 222.52 30 Aug 2024 ยท EMD 65/100 ยท close 227.20 6 Sep 2024 ยท EMD 58/100 ยท close 225.35 13 Sep 2024 ยท EMD 64/100 ยท close 225.45 20 Sep 2024 ยท EMD 55/100 ยท close 220.02 27 Sep 2024 ยท EMD 69/100 ยท close 228.40 4 Oct 2024 ยท EMD 59/100 ยท close 223.43 11 Oct 2024 ยท EMD 67/100 ยท close 224.12 18 Oct 2024 ยท EMD 69/100 ยท close 226.18 25 Oct 2024 ยท EMD 63/100 ยท close 223.00 1 Nov 2024 ยท EMD 57/100 ยท close 217.35 8 Nov 2024 ยท EMD 48/100 ยท close 213.07 15 Nov 2024 ยท EMD 40/100 ยท close 211.65 22 Nov 2024 ยท EMD 43/100 ยท close 214.23 29 Nov 2024 ยท EMD 43/100 ยท close 214.10 6 Dec 2024 ยท EMD 44/100 ยท close 215.05 13 Dec 2024 ยท EMD 51/100 ยท close 216.85 20 Dec 2024 ยท EMD 43/100 ยท close 212.27 27 Dec 2024 ยท EMD 42/100 ยท close 212.93 3 Jan 2025 ยท EMD 41/100 ยท close 212.70 10 Jan 2025 ยท EMD 31/100 ยท close 209.15 17 Jan 2025 ยท EMD 38/100 ยท close 211.05 24 Jan 2025 ยท EMD 40/100 ยท close 211.77 31 Jan 2025 ยท EMD 43/100 ยท close 217.68 7 Feb 2025 ยท EMD 45/100 ยท close 217.30 14 Feb 2025 ยท EMD 48/100 ยท close 218.77 21 Feb 2025 ยท EMD 58/100 ยท close 220.80 28 Feb 2025 ยท EMD 63/100 ยท close 226.52 7 Mar 2025 ยท EMD 65/100 ยท close 228.77 14 Mar 2025 ยท EMD 52/100 ยท close 224.10 21 Mar 2025 ยท EMD 64/100 ยท close 225.90 28 Mar 2025 ยท EMD 60/100 ยท close 225.35 4 Apr 2025 ยท EMD 69/100 ยท close 222.62 11 Apr 2025 ยท EMD 73/100 ยท close 217.95 18 Apr 2025 ยท EMD 78/100 ยท close 225.85 25 Apr 2025 ยท EMD 60/100 ยท close 225.98 2 May 2025 ยท EMD 74/100 ยท close 232.35 9 May 2025 ยท EMD 69/100 ยท close 232.10 16 May 2025 ยท EMD 76/100 ยท close 231.02 23 May 2025 ยท EMD 76/100 ยท close 234.18 30 May 2025 ยท EMD 72/100 ยท close 234.05 6 Jun 2025 ยท EMD 71/100 ยท close 233.43 13 Jun 2025 ยท EMD 68/100 ยท close 230.43 20 Jun 2025 ยท EMD 62/100 ยท close 226.48 27 Jun 2025 ยท EMD 55/100 ยท close 221.25 4 Jul 2025 ยท EMD 58/100 ยท close 223.85 11 Jul 2025 ยท EMD 53/100 ยท close 222.55 18 Jul 2025 ยท EMD 49/100 ยท close 223.27 25 Jul 2025 ยท EMD 42/100 ยท close 222.45 1 Aug 2025 ยท EMD 39/100 ยท close 217.95 8 Aug 2025 ยท EMD 52/100 ยท close 221.98 15 Aug 2025 ยท EMD 46/100 ยท close 223.00 22 Aug 2025 ยท EMD 53/100 ยท close 229.80 29 Aug 2025 ยท EMD 48/100 ยท close 227.25 5 Sep 2025 ยท EMD 55/100 ยท close 228.45 12 Sep 2025 ยท EMD 42/100 ยท close 224.10 19 Sep 2025 ยท EMD 44/100 ยท close 219.85 26 Sep 2025 ยท EMD 41/100 ยท close 216.50 3 Oct 2025 ยท EMD 46/100 ยท close 218.82 10 Oct 2025 ยท EMD 46/100 ยท close 222.10 17 Oct 2025 ยท EMD 57/100 ยท close 233.62 24 Oct 2025 ยท EMD 47/100 ยท close 230.75 31 Oct 2025 ยท EMD 51/100 ยท close 224.55 7 Nov 2025 ยท EMD 55/100 ยท close 227.82 14 Nov 2025 ยท EMD 51/100 ยท close 227.40 21 Nov 2025 ยท EMD 52/100 ยท close 228.70 28 Nov 2025 ยท EMD 54/100 ยท close 229.38 5 Dec 2025 ยท EMD 49/100 ยท close 226.70 12 Dec 2025 ยท EMD 51/100 ยท close 225.85 19 Dec 2025 ยท EMD 60/100 ยท close 229.07 26 Dec 2025 ยท EMD 57/100 ยท close 225.95 2 Jan 2026 ยท EMD 58/100 ยท close 227.50 9 Jan 2026 ยท EMD 60/100 ยท close 225.85 16 Jan 2026 ยท EMD 56/100 ยท close 228.18 23 Jan 2026 ยท EMD 53/100 ยท close 224.82 30 Jan 2026 ยท EMD 56/100 ยท close 228.80 6 Feb 2026 ยท EMD 72/100 ยท close 241.35 13 Feb 2026 ยท EMD 72/100 ยท close 245.25 20 Feb 2026 ยท EMD 70/100 ยท close 248.55 27 Feb 2026 ยท EMD 73/100 ยท close 251.05 6 Mar 2026 ยท EMD 57/100 ยท close 237.00 13 Mar 2026 ยท EMD 65/100 ยท close 235.05 20 Mar 2026 ยท EMD 49/100 ยท close 222.25 27 Mar 2026 ยท EMD 49/100 ยท close 222.45 3 Apr 2026 ยท EMD 45/100 ยท close 224.32 10 Apr 2026 ยท EMD 51/100 ยท close 227.05 17 Apr 2026 ยท EMD 46/100 ยท close 225.07 24 Apr 2026 ยท EMD 49/100 ยท close 227.93 1 May 2026 ยท EMD 49/100 ยท close 228.32 8 May 2026 ยท EMD 36/100 ยท close 224.73 15 May 2026 ยท EMD 49/100 ยท close 226.62 22 May 2026 ยท EMD 47/100 ยท close 232.10 29 May 2026 ยท EMD 43/100 ยท close 228.77 5 Jun 2026 ยท EMD 47/100 ยท close 226.30 12 Jun 2026 ยท EMD 54/100 ยท close 234.40 19 Jun 2026 ยท EMD 44/100 ยท close 227.88 26 Jun 2026 ยท EMD 57/100 ยท close 241.55 3 Jul 2026 ยท EMD 59/100 ยท close 243.35 10 Jul 2026 ยท EMD 66/100 ยท close 240.35 17 Jul 2026 ยท EMD 71/100 ยท close 245.68 24 Jul 2026 ยท EMD 63/100 ยท close 238.65 31 Jul 2026 ยท EMD 67/100 ยท close 243.07 7 Aug 2026 ยท EMD 68/100 ยท close 242.32 14 Aug 2026 ยท EMD 60/100 ยท close 236.88 21 Aug 2026 ยท EMD 63/100 ยท close 234.80 28 Aug 2026 ยท EMD 57/100 ยท close 234.88 2 Feb 2024 ยท Up-cycle confirmed ยท close 220.32 10 May 2024 ยท Up-cycle confirmed ยท close 222.93 21 Feb 2025 ยท Up-cycle confirmed ยท close 220.80 6 Mar 2026 ยท Down-cycle confirmed ยท close 237.00 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 88%Current EMD +13.14-week EMD change -19.9156-week price range EUR 208.12โ€“251.05

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

65/1000.26

Strengthening beneath price
4-week change -0.52

02

Trend and deviation

68/100+0.1% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

59/1004w -3.4% ยท 13w +2.7%

Momentum is supportive
SMI 0.62

04

Price-volume pressure

38/10038% constructive pressure

Volume is leaning against the close
Volume ratio 1.76x

05

Relative leadership

31/100-4.74

The ticker is lagging its benchmark
4-week change -2.06

06

Modeled Trend

87/100Modeled Trend 0.80

Modeled Trend is supportive
Smoothed Modeled Trend 0.64

Evidence context