EBS ยท ETF ยท ENHANCED MARKET DYNAMICS

GAUG

First Trust Vest U.S. Equity Moderate Buffer UCITS ETF - August Class A USD Acc

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 build67% directional agreement89% evidence confidence
Completed week
28 Aug 2026
Latest close
CHF 30.40
Evidence
74 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.
4 Apr 2025โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท CHF +100+500-50-100 77.5549.6421.74 4 Apr 2025 ยท EMD 45/100 ยท close 74.56 11 Apr 2025 ยท EMD 45/100 ยท close 24.73 18 Apr 2025 ยท EMD 45/100 ยท close 24.94 25 Apr 2025 ยท EMD 45/100 ยท close 25.64 2 May 2025 ยท EMD 39/100 ยท close 26.02 9 May 2025 ยท EMD 46/100 ยท close 26.14 16 May 2025 ยท EMD 46/100 ยท close 27.20 23 May 2025 ยท EMD 45/100 ยท close 26.48 30 May 2025 ยท EMD 45/100 ยท close 26.72 6 Jun 2025 ยท EMD 44/100 ยท close 26.83 13 Jun 2025 ยท EMD 43/100 ยท close 26.70 20 Jun 2025 ยท EMD 44/100 ยท close 26.72 27 Jun 2025 ยท EMD 44/100 ยท close 26.64 4 Jul 2025 ยท EMD 40/100 ยท close 26.59 11 Jul 2025 ยท EMD 44/100 ยท close 26.65 18 Jul 2025 ยท EMD 44/100 ยท close 26.93 25 Jul 2025 ยท EMD 43/100 ยท close 26.78 1 Aug 2025 ยท EMD 45/100 ยท close 27.42 8 Aug 2025 ยท EMD 45/100 ยท close 27.34 15 Aug 2025 ยท EMD 42/100 ยท close 27.46 22 Aug 2025 ยท EMD 45/100 ยท close 27.40 29 Aug 2025 ยท EMD 45/100 ยท close 27.40 5 Sep 2025 ยท EMD 45/100 ยท close 27.32 12 Sep 2025 ยท EMD 45/100 ยท close 27.38 19 Sep 2025 ยท EMD 46/100 ยท close 27.54 26 Sep 2025 ยท EMD 48/100 ยท close 27.60 3 Oct 2025 ยท EMD 51/100 ยท close 27.76 10 Oct 2025 ยท EMD 41/100 ยท close 27.75 17 Oct 2025 ยท EMD 49/100 ยท close 27.33 24 Oct 2025 ยท EMD 55/100 ยท close 27.66 31 Oct 2025 ยท EMD 72/100 ยท close 27.99 7 Nov 2025 ยท EMD 65/100 ยท close 27.90 14 Nov 2025 ยท EMD 63/100 ยท close 27.56 21 Nov 2025 ยท EMD 71/100 ยท close 27.90 28 Nov 2025 ยท EMD 76/100 ยท close 28.24 5 Dec 2025 ยท EMD 72/100 ยท close 28.24 12 Dec 2025 ยท EMD 68/100 ยท close 27.98 19 Dec 2025 ยท EMD 70/100 ยท close 27.93 26 Dec 2025 ยท EMD 69/100 ยท close 27.93 2 Jan 2026 ยท EMD 67/100 ยท close 27.93 9 Jan 2026 ยท EMD 76/100 ยท close 28.49 16 Jan 2026 ยท EMD 72/100 ยท close 28.51 23 Jan 2026 ยท EMD 69/100 ยท close 28.04 30 Jan 2026 ยท EMD 65/100 ยท close 27.34 6 Feb 2026 ยท EMD 62/100 ยท close 27.58 13 Feb 2026 ยท EMD 51/100 ยท close 27.30 20 Feb 2026 ยท EMD 58/100 ยท close 27.43 27 Feb 2026 ยท EMD 50/100 ยท close 27.29 6 Mar 2026 ยท EMD 50/100 ยท close 27.60 13 Mar 2026 ยท EMD 51/100 ยท close 27.56 20 Mar 2026 ยท EMD 49/100 ยท close 27.43 27 Mar 2026 ยท EMD 47/100 ยท close 27.42 3 Apr 2026 ยท EMD 48/100 ยท close 27.77 10 Apr 2026 ยท EMD 50/100 ยท close 28.05 17 Apr 2026 ยท EMD 54/100 ยท close 28.20 24 Apr 2026 ยท EMD 56/100 ยท close 28.46 1 May 2026 ยท EMD 60/100 ยท close 28.47 8 May 2026 ยท EMD 65/100 ยท close 28.47 15 May 2026 ยท EMD 67/100 ยท close 28.83 22 May 2026 ยท EMD 69/100 ยท close 28.98 29 May 2026 ยท EMD 63/100 ยท close 28.89 5 Jun 2026 ยท EMD 71/100 ยท close 29.32 12 Jun 2026 ยท EMD 68/100 ยท close 29.32 19 Jun 2026 ยท EMD 74/100 ยท close 29.98 26 Jun 2026 ยท EMD 69/100 ยท close 29.92 3 Jul 2026 ยท EMD 68/100 ยท close 29.84 10 Jul 2026 ยท EMD 70/100 ยท close 30.01 17 Jul 2026 ยท EMD 69/100 ยท close 30.04 24 Jul 2026 ยท EMD 70/100 ยท close 30.33 31 Jul 2026 ยท EMD 69/100 ยท close 30.14 7 Aug 2026 ยท EMD 70/100 ยท close 30.36 14 Aug 2026 ยท EMD 70/100 ยท close 30.41 21 Aug 2026 ยท EMD 62/100 ยท close 30.04 28 Aug 2026 ยท EMD 75/100 ยท close 30.40 15 May 2026 ยท Up-cycle confirmed ยท close 28.83 4 Apr 202519 Dec 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 93%Current EMD +50.64-week EMD change +11.8156-week price range CHF 24.73โ€“74.56

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

91/1001.17

Strengthening beneath price
4-week change -2.04

02

Trend and deviation

86/100+5.3% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

69/1004w +0.9% ยท 13w +5.2%

Momentum is supportive
SMI 0.86

04

Price-volume pressure

90/10090% constructive pressure

Volume is confirming the close
Volume ratio 25.62x

05

Relative leadership

43/100-1.75

The ticker is lagging its benchmark
4-week change +0.97

06

Modeled Trend

88/100Modeled Trend 0.84

Modeled Trend is supportive
Smoothed Modeled Trend 0.63

Evidence context