TOR ยท ETF ยท ENHANCED MARKET DYNAMICS

XMV

iShares MSCI Min Vol Canada Index ETF

CA

EMD SCORE62/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions remain positive, but momentum has eased.

Constructive fade33% directional agreement79% evidence confidence
Completed week
28 Aug 2026
Latest close
CAD 61.27
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 CAD +100+500-50-100 63.5349.0934.65 8 Sep 2023 ยท EMD 44/100 ยท close 37.51 15 Sep 2023 ยท EMD 52/100 ยท close 38.59 22 Sep 2023 ยท EMD 45/100 ยท close 37.58 29 Sep 2023 ยท EMD 49/100 ยท close 36.94 6 Oct 2023 ยท EMD 50/100 ยท close 36.52 13 Oct 2023 ยท EMD 46/100 ยท close 37.25 20 Oct 2023 ยท EMD 44/100 ยท close 36.51 27 Oct 2023 ยท EMD 43/100 ยท close 36.20 3 Nov 2023 ยท EMD 52/100 ยท close 38.07 10 Nov 2023 ยท EMD 54/100 ยท close 38.08 17 Nov 2023 ยท EMD 63/100 ยท close 38.84 24 Nov 2023 ยท EMD 58/100 ยท close 38.79 1 Dec 2023 ยท EMD 66/100 ยท close 39.15 8 Dec 2023 ยท EMD 71/100 ยท close 39.34 15 Dec 2023 ยท EMD 64/100 ยท close 39.08 22 Dec 2023 ยท EMD 73/100 ยท close 39.58 29 Dec 2023 ยท EMD 77/100 ยท close 39.96 5 Jan 2024 ยท EMD 73/100 ยท close 39.97 12 Jan 2024 ยท EMD 74/100 ยท close 40.15 19 Jan 2024 ยท EMD 76/100 ยท close 40.26 26 Jan 2024 ยท EMD 76/100 ยท close 40.58 2 Feb 2024 ยท EMD 76/100 ยท close 40.75 9 Feb 2024 ยท EMD 69/100 ยท close 40.26 16 Feb 2024 ยท EMD 78/100 ยท close 41.06 23 Feb 2024 ยท EMD 78/100 ยท close 41.64 1 Mar 2024 ยท EMD 78/100 ยท close 41.75 8 Mar 2024 ยท EMD 81/100 ยท close 42.19 15 Mar 2024 ยท EMD 72/100 ยท close 42.18 22 Mar 2024 ยท EMD 68/100 ยท close 42.21 29 Mar 2024 ยท EMD 77/100 ยท close 42.41 5 Apr 2024 ยท EMD 77/100 ยท close 42.42 12 Apr 2024 ยท EMD 66/100 ยท close 41.80 19 Apr 2024 ยท EMD 72/100 ยท close 41.74 26 Apr 2024 ยท EMD 72/100 ยท close 42.10 3 May 2024 ยท EMD 73/100 ยท close 42.35 10 May 2024 ยท EMD 73/100 ยท close 43.15 17 May 2024 ยท EMD 75/100 ยท close 43.44 24 May 2024 ยท EMD 72/100 ยท close 43.24 31 May 2024 ยท EMD 72/100 ยท close 42.90 7 Jun 2024 ยท EMD 70/100 ยท close 42.96 14 Jun 2024 ยท EMD 62/100 ยท close 42.06 21 Jun 2024 ยท EMD 58/100 ยท close 41.87 28 Jun 2024 ยท EMD 62/100 ยท close 42.57 5 Jul 2024 ยท EMD 61/100 ยท close 42.93 12 Jul 2024 ยท EMD 65/100 ยท close 43.98 19 Jul 2024 ยท EMD 70/100 ยท close 44.36 26 Jul 2024 ยท EMD 74/100 ยท close 44.87 2 Aug 2024 ยท EMD 67/100 ยท close 44.28 9 Aug 2024 ยท EMD 76/100 ยท close 44.23 16 Aug 2024 ยท EMD 75/100 ยท close 45.45 23 Aug 2024 ยท EMD 77/100 ยท close 45.82 30 Aug 2024 ยท EMD 71/100 ยท close 45.83 6 Sep 2024 ยท EMD 72/100 ยท close 45.85 13 Sep 2024 ยท EMD 81/100 ยท close 47.14 20 Sep 2024 ยท EMD 73/100 ยท close 47.04 27 Sep 2024 ยท EMD 80/100 ยท close 47.39 4 Oct 2024 ยท EMD 77/100 ยท close 47.36 11 Oct 2024 ยท EMD 79/100 ยท close 47.86 18 Oct 2024 ยท EMD 81/100 ยท close 48.58 25 Oct 2024 ยท EMD 68/100 ยท close 47.95 1 Nov 2024 ยท EMD 70/100 ยท close 47.72 8 Nov 2024 ยท EMD 79/100 ยท close 48.47 15 Nov 2024 ยท EMD 69/100 ยท close 48.22 22 Nov 2024 ยท EMD 78/100 ยท close 49.20 29 Nov 2024 ยท EMD 79/100 ยท close 49.45 6 Dec 2024 ยท EMD 77/100 ยท close 49.63 13 Dec 2024 ยท EMD 69/100 ยท close 48.87 20 Dec 2024 ยท EMD 64/100 ยท close 47.81 27 Dec 2024 ยท EMD 66/100 ยท close 48.03 3 Jan 2025 ยท EMD 57/100 ยท close 46.69 10 Jan 2025 ยท EMD 49/100 ยท close 46.08 17 Jan 2025 ยท EMD 56/100 ยท close 46.61 24 Jan 2025 ยท EMD 52/100 ยท close 47.27 31 Jan 2025 ยท EMD 53/100 ยท close 47.39 7 Feb 2025 ยท EMD 57/100 ยท close 47.55 14 Feb 2025 ยท EMD 53/100 ยท close 47.75 21 Feb 2025 ยท EMD 49/100 ยท close 47.44 28 Feb 2025 ยท EMD 57/100 ยท close 48.02 7 Mar 2025 ยท EMD 58/100 ยท close 48.01 14 Mar 2025 ยท EMD 52/100 ยท close 47.46 21 Mar 2025 ยท EMD 51/100 ยท close 47.71 28 Mar 2025 ยท EMD 49/100 ยท close 47.96 4 Apr 2025 ยท EMD 47/100 ยท close 46.51 11 Apr 2025 ยท EMD 54/100 ยท close 46.63 18 Apr 2025 ยท EMD 56/100 ยท close 47.93 25 Apr 2025 ยท EMD 55/100 ยท close 48.53 2 May 2025 ยท EMD 57/100 ยท close 48.95 9 May 2025 ยท EMD 64/100 ยท close 49.57 16 May 2025 ยท EMD 72/100 ยท close 50.08 23 May 2025 ยท EMD 70/100 ยท close 50.23 30 May 2025 ยท EMD 73/100 ยท close 50.87 6 Jun 2025 ยท EMD 66/100 ยท close 50.64 13 Jun 2025 ยท EMD 74/100 ยท close 50.99 20 Jun 2025 ยท EMD 67/100 ยท close 50.81 27 Jun 2025 ยท EMD 68/100 ยท close 50.98 4 Jul 2025 ยท EMD 71/100 ยท close 51.51 11 Jul 2025 ยท EMD 74/100 ยท close 51.70 18 Jul 2025 ยท EMD 70/100 ยท close 51.75 25 Jul 2025 ยท EMD 73/100 ยท close 52.16 1 Aug 2025 ยท EMD 67/100 ยท close 51.50 8 Aug 2025 ยท EMD 65/100 ยท close 51.88 15 Aug 2025 ยท EMD 69/100 ยท close 52.16 22 Aug 2025 ยท EMD 70/100 ยท close 53.01 29 Aug 2025 ยท EMD 74/100 ยท close 53.14 5 Sep 2025 ยท EMD 71/100 ยท close 53.72 12 Sep 2025 ยท EMD 71/100 ยท close 53.87 19 Sep 2025 ยท EMD 66/100 ยท close 54.09 26 Sep 2025 ยท EMD 63/100 ยท close 53.86 3 Oct 2025 ยท EMD 75/100 ยท close 54.84 10 Oct 2025 ยท EMD 62/100 ยท close 54.13 17 Oct 2025 ยท EMD 64/100 ยท close 54.30 24 Oct 2025 ยท EMD 68/100 ยท close 54.40 31 Oct 2025 ยท EMD 64/100 ยท close 53.85 7 Nov 2025 ยท EMD 64/100 ยท close 53.76 14 Nov 2025 ยท EMD 67/100 ยท close 55.30 21 Nov 2025 ยท EMD 64/100 ยท close 55.08 28 Nov 2025 ยท EMD 69/100 ยท close 56.27 5 Dec 2025 ยท EMD 66/100 ยท close 55.96 12 Dec 2025 ยท EMD 67/100 ยท close 56.27 19 Dec 2025 ยท EMD 68/100 ยท close 56.45 26 Dec 2025 ยท EMD 67/100 ยท close 56.84 2 Jan 2026 ยท EMD 56/100 ยท close 54.59 9 Jan 2026 ยท EMD 63/100 ยท close 55.34 16 Jan 2026 ยท EMD 60/100 ยท close 55.66 23 Jan 2026 ยท EMD 57/100 ยท close 55.55 30 Jan 2026 ยท EMD 50/100 ยท close 54.01 6 Feb 2026 ยท EMD 57/100 ยท close 55.18 13 Feb 2026 ยท EMD 56/100 ยท close 55.95 20 Feb 2026 ยท EMD 58/100 ยท close 56.81 27 Feb 2026 ยท EMD 64/100 ยท close 57.79 6 Mar 2026 ยท EMD 57/100 ยท close 56.54 13 Mar 2026 ยท EMD 57/100 ยท close 56.08 20 Mar 2026 ยท EMD 53/100 ยท close 54.71 27 Mar 2026 ยท EMD 52/100 ยท close 55.29 3 Apr 2026 ยท EMD 58/100 ยท close 56.94 10 Apr 2026 ยท EMD 58/100 ยท close 57.52 17 Apr 2026 ยท EMD 62/100 ยท close 57.90 24 Apr 2026 ยท EMD 62/100 ยท close 57.35 1 May 2026 ยท EMD 65/100 ยท close 57.49 8 May 2026 ยท EMD 70/100 ยท close 57.61 15 May 2026 ยท EMD 63/100 ยท close 57.52 22 May 2026 ยท EMD 70/100 ยท close 58.92 29 May 2026 ยท EMD 58/100 ยท close 58.37 5 Jun 2026 ยท EMD 67/100 ยท close 58.99 12 Jun 2026 ยท EMD 67/100 ยท close 59.66 19 Jun 2026 ยท EMD 69/100 ยท close 59.82 26 Jun 2026 ยท EMD 70/100 ยท close 60.32 3 Jul 2026 ยท EMD 69/100 ยท close 60.46 10 Jul 2026 ยท EMD 70/100 ยท close 60.81 17 Jul 2026 ยท EMD 75/100 ยท close 61.61 24 Jul 2026 ยท EMD 78/100 ยท close 61.44 31 Jul 2026 ยท EMD 67/100 ยท close 61.50 7 Aug 2026 ยท EMD 63/100 ยท close 61.43 14 Aug 2026 ยท EMD 75/100 ยท close 61.98 21 Aug 2026 ยท EMD 65/100 ยท close 61.42 28 Aug 2026 ยท EMD 62/100 ยท close 61.27 1 Dec 2023 ยท Up-cycle confirmed ยท close 39.15 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 89%Current EMD +24.84-week EMD change -9.6156-week price range CAD 36.20โ€“61.98

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

92/1001.33

Strengthening beneath price
4-week change -0.40

02

Trend and deviation

84/100+4.5% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

67/1004w -0.4% ยท 13w +5.0%

Momentum is supportive
SMI 0.87

04

Price-volume pressure

22/10022% constructive pressure

Volume is leaning against the close
Volume ratio 5.22x

05

Relative leadership

36/100-3.51

The ticker is lagging its benchmark
4-week change -3.20

06

Modeled Trend

90/100Modeled Trend 0.94

Modeled Trend is supportive
Smoothed Modeled Trend 0.74

Evidence context