MIL ยท ETF ยท ENHANCED MARKET DYNAMICS

EMMEUA

UBS Core MSCI EM UCITS ETF USD dis

IT

EMD SCORE71/100

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 build60% directional agreement87% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 146.97
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 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 EUR +100+500-50-100 160.11118.3676.60 8 Sep 2023 ยท EMD 50/100 ยท close 84.73 15 Sep 2023 ยท EMD 54/100 ยท close 85.96 22 Sep 2023 ยท EMD 51/100 ยท close 84.74 29 Sep 2023 ยท EMD 51/100 ยท close 83.82 6 Oct 2023 ยท EMD 47/100 ยท close 83.37 13 Oct 2023 ยท EMD 49/100 ยท close 84.40 20 Oct 2023 ยท EMD 43/100 ยท close 81.39 27 Oct 2023 ยท EMD 41/100 ยท close 81.07 3 Nov 2023 ยท EMD 52/100 ยท close 83.87 10 Nov 2023 ยท EMD 42/100 ยท close 83.60 17 Nov 2023 ยท EMD 44/100 ยท close 83.96 24 Nov 2023 ยท EMD 44/100 ยท close 83.95 1 Dec 2023 ยท EMD 52/100 ยท close 84.50 8 Dec 2023 ยท EMD 51/100 ยท close 84.63 15 Dec 2023 ยท EMD 57/100 ยท close 86.25 22 Dec 2023 ยท EMD 50/100 ยท close 85.30 29 Dec 2023 ยท EMD 53/100 ยท close 86.65 5 Jan 2024 ยท EMD 52/100 ยท close 86.13 12 Jan 2024 ยท EMD 55/100 ยท close 85.56 19 Jan 2024 ยท EMD 50/100 ยท close 83.49 26 Jan 2024 ยท EMD 55/100 ยท close 85.67 2 Feb 2024 ยท EMD 51/100 ยท close 85.35 9 Feb 2024 ยท EMD 61/100 ยท close 87.25 16 Feb 2024 ยท EMD 72/100 ยท close 88.80 23 Feb 2024 ยท EMD 65/100 ยท close 89.25 1 Mar 2024 ยท EMD 64/100 ยท close 88.07 8 Mar 2024 ยท EMD 65/100 ยท close 89.17 15 Mar 2024 ยท EMD 60/100 ยท close 89.47 22 Mar 2024 ยท EMD 65/100 ยท close 90.39 29 Mar 2024 ยท EMD 66/100 ยท close 91.05 5 Apr 2024 ยท EMD 64/100 ยท close 91.02 12 Apr 2024 ยท EMD 63/100 ยท close 91.42 19 Apr 2024 ยท EMD 60/100 ยท close 89.07 26 Apr 2024 ยท EMD 64/100 ยท close 90.32 3 May 2024 ยท EMD 77/100 ยท close 93.12 10 May 2024 ยท EMD 66/100 ยท close 93.04 17 May 2024 ยท EMD 73/100 ยท close 95.52 24 May 2024 ยท EMD 66/100 ยท close 93.95 31 May 2024 ยท EMD 56/100 ยท close 90.72 7 Jun 2024 ยท EMD 68/100 ยท close 92.85 14 Jun 2024 ยท EMD 74/100 ยท close 94.29 21 Jun 2024 ยท EMD 75/100 ยท close 95.69 28 Jun 2024 ยท EMD 69/100 ยท close 95.08 5 Jul 2024 ยท EMD 75/100 ยท close 96.24 12 Jul 2024 ยท EMD 76/100 ยท close 97.85 19 Jul 2024 ยท EMD 62/100 ยท close 94.23 26 Jul 2024 ยท EMD 64/100 ยท close 93.42 2 Aug 2024 ยท EMD 56/100 ยท close 91.05 9 Aug 2024 ยท EMD 60/100 ยท close 91.91 16 Aug 2024 ยท EMD 56/100 ยท close 92.51 23 Aug 2024 ยท EMD 50/100 ยท close 93.59 30 Aug 2024 ยท EMD 62/100 ยท close 94.24 6 Sep 2024 ยท EMD 51/100 ยท close 90.68 13 Sep 2024 ยท EMD 58/100 ยท close 93.09 20 Sep 2024 ยท EMD 60/100 ยท close 94.36 27 Sep 2024 ยท EMD 70/100 ยท close 100.82 4 Oct 2024 ยท EMD 80/100 ยท close 102.47 11 Oct 2024 ยท EMD 76/100 ยท close 101.78 18 Oct 2024 ยท EMD 79/100 ยท close 101.88 25 Oct 2024 ยท EMD 76/100 ยท close 101.13 1 Nov 2024 ยท EMD 69/100 ยท close 99.70 8 Nov 2024 ยท EMD 75/100 ยท close 100.51 15 Nov 2024 ยท EMD 65/100 ยท close 98.44 22 Nov 2024 ยท EMD 76/100 ยท close 100.21 29 Nov 2024 ยท EMD 71/100 ยท close 98.90 6 Dec 2024 ยท EMD 72/100 ยท close 99.77 13 Dec 2024 ยท EMD 68/100 ยท close 100.59 20 Dec 2024 ยท EMD 69/100 ยท close 99.11 27 Dec 2024 ยท EMD 61/100 ยท close 98.80 3 Jan 2025 ยท EMD 71/100 ยท close 99.73 10 Jan 2025 ยท EMD 54/100 ยท close 97.85 17 Jan 2025 ยท EMD 60/100 ยท close 100.05 24 Jan 2025 ยท EMD 55/100 ยท close 99.61 31 Jan 2025 ยท EMD 61/100 ยท close 101.41 7 Feb 2025 ยท EMD 65/100 ยท close 102.43 14 Feb 2025 ยท EMD 64/100 ยท close 103.16 21 Feb 2025 ยท EMD 79/100 ยท close 105.94 28 Feb 2025 ยท EMD 59/100 ยท close 101.40 7 Mar 2025 ยท EMD 51/100 ยท close 99.37 14 Mar 2025 ยท EMD 62/100 ยท close 99.56 21 Mar 2025 ยท EMD 55/100 ยท close 100.75 28 Mar 2025 ยท EMD 46/100 ยท close 98.89 4 Apr 2025 ยท EMD 33/100 ยท close 90.47 11 Apr 2025 ยท EMD 33/100 ยท close 85.25 18 Apr 2025 ยท EMD 38/100 ยท close 90.69 25 Apr 2025 ยท EMD 43/100 ยท close 93.34 2 May 2025 ยท EMD 44/100 ยท close 97.40 9 May 2025 ยท EMD 43/100 ยท close 97.57 16 May 2025 ยท EMD 48/100 ยท close 101.96 23 May 2025 ยท EMD 42/100 ยท close 100.16 30 May 2025 ยท EMD 47/100 ยท close 99.82 6 Jun 2025 ยท EMD 50/100 ยท close 101.02 13 Jun 2025 ยท EMD 45/100 ยท close 100.74 20 Jun 2025 ยท EMD 50/100 ยท close 100.23 27 Jun 2025 ยท EMD 59/100 ยท close 102.48 4 Jul 2025 ยท EMD 52/100 ยท close 102.11 11 Jul 2025 ยท EMD 63/100 ยท close 102.76 18 Jul 2025 ยท EMD 74/100 ยท close 105.28 25 Jul 2025 ยท EMD 63/100 ยท close 104.89 1 Aug 2025 ยท EMD 59/100 ยท close 104.06 8 Aug 2025 ยท EMD 68/100 ยท close 105.53 15 Aug 2025 ยท EMD 67/100 ยท close 106.58 22 Aug 2025 ยท EMD 67/100 ยท close 107.52 29 Aug 2025 ยท EMD 59/100 ยท close 105.50 5 Sep 2025 ยท EMD 67/100 ยท close 106.40 12 Sep 2025 ยท EMD 75/100 ยท close 110.61 19 Sep 2025 ยท EMD 75/100 ยท close 112.02 26 Sep 2025 ยท EMD 73/100 ยท close 112.19 3 Oct 2025 ยท EMD 84/100 ยท close 114.58 10 Oct 2025 ยท EMD 66/100 ยท close 112.37 17 Oct 2025 ยท EMD 79/100 ยท close 114.87 24 Oct 2025 ยท EMD 82/100 ยท close 116.91 31 Oct 2025 ยท EMD 79/100 ยท close 118.47 7 Nov 2025 ยท EMD 66/100 ยท close 115.39 14 Nov 2025 ยท EMD 77/100 ยท close 117.82 21 Nov 2025 ยท EMD 69/100 ยท close 113.54 28 Nov 2025 ยท EMD 77/100 ยท close 116.08 5 Dec 2025 ยท EMD 83/100 ยท close 117.11 12 Dec 2025 ยท EMD 61/100 ยท close 114.91 19 Dec 2025 ยท EMD 77/100 ยท close 116.33 26 Dec 2025 ยท EMD 68/100 ยท close 116.20 2 Jan 2026 ยท EMD 73/100 ยท close 120.48 9 Jan 2026 ยท EMD 82/100 ยท close 123.44 16 Jan 2026 ยท EMD 79/100 ยท close 125.66 23 Jan 2026 ยท EMD 80/100 ยท close 126.05 30 Jan 2026 ยท EMD 78/100 ยท close 126.71 6 Feb 2026 ยท EMD 80/100 ยท close 127.47 13 Feb 2026 ยท EMD 82/100 ยท close 129.64 20 Feb 2026 ยท EMD 86/100 ยท close 132.94 27 Feb 2026 ยท EMD 82/100 ยท close 134.08 6 Mar 2026 ยท EMD 74/100 ยท close 125.58 13 Mar 2026 ยท EMD 77/100 ยท close 126.24 20 Mar 2026 ยท EMD 63/100 ยท close 123.25 27 Mar 2026 ยท EMD 62/100 ยท close 121.86 3 Apr 2026 ยท EMD 67/100 ยท close 123.99 10 Apr 2026 ยท EMD 75/100 ยท close 131.20 17 Apr 2026 ยท EMD 76/100 ยท close 137.22 24 Apr 2026 ยท EMD 79/100 ยท close 137.62 1 May 2026 ยท EMD 76/100 ยท close 136.52 8 May 2026 ยท EMD 86/100 ยท close 146.09 15 May 2026 ยท EMD 73/100 ยท close 142.62 22 May 2026 ยท EMD 85/100 ยท close 144.64 29 May 2026 ยท EMD 84/100 ยท close 149.68 5 Jun 2026 ยท EMD 79/100 ยท close 144.84 12 Jun 2026 ยท EMD 74/100 ยท close 149.22 19 Jun 2026 ยท EMD 83/100 ยท close 155.64 26 Jun 2026 ยท EMD 81/100 ยท close 150.66 3 Jul 2026 ยท EMD 80/100 ยท close 150.87 10 Jul 2026 ยท EMD 77/100 ยท close 148.18 17 Jul 2026 ยท EMD 64/100 ยท close 139.71 24 Jul 2026 ยท EMD 74/100 ยท close 142.20 31 Jul 2026 ยท EMD 61/100 ยท close 140.59 7 Aug 2026 ยท EMD 61/100 ยท close 143.61 14 Aug 2026 ยท EMD 63/100 ยท close 144.74 21 Aug 2026 ยท EMD 61/100 ยท close 144.67 28 Aug 2026 ยท EMD 71/100 ยท close 146.97 16 Feb 2024 ยท Up-cycle confirmed ยท close 88.80 18 Apr 2025 ยท Up-cycle confirmed ยท close 90.69 17 Jul 2026 ยท Down-cycle confirmed ยท close 139.71 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 92%Current EMD +41.54-week EMD change +18.7156-week price range EUR 81.07โ€“155.64

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

43/100-0.49

Cautious pressure beneath price
4-week change -0.11

02

Trend and deviation

87/100+5.7% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

69/1004w +4.5% ยท 13w -1.8%

Momentum is supportive
SMI 0.79

04

Price-volume pressure

98/10098% constructive pressure

Volume is confirming the close
Volume ratio 7.27x

05

Relative leadership

54/1000.90

Leadership is supportive
4-week change +2.87

06

Modeled Trend

89/100Modeled Trend 0.78

Modeled Trend is supportive
Smoothed Modeled Trend 0.77

Evidence context