STO ยท EQUITY ยท ENHANCED MARKET DYNAMICS

KINV-B

Kinnevik AB

SE ยท Financial Services ยท Asset Management

EMD SCORE56/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build33% directional agreement79% evidence confidence
Completed week
11 Sep 2026
Latest close
SEK 60.64
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.
22 Sep 2023โ€“11 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท SEK +100+500-50-100 130.0487.1744.30 22 Sep 2023 ยท EMD 29/100 ยท close 115.05 29 Sep 2023 ยท EMD 29/100 ยท close 109.20 6 Oct 2023 ยท EMD 31/100 ยท close 108.70 13 Oct 2023 ยท EMD 28/100 ยท close 108.45 20 Oct 2023 ยท EMD 19/100 ยท close 93.26 27 Oct 2023 ยท EMD 24/100 ยท close 93.16 3 Nov 2023 ยท EMD 28/100 ยท close 99.02 10 Nov 2023 ยท EMD 21/100 ยท close 95.20 17 Nov 2023 ยท EMD 33/100 ยท close 100.75 24 Nov 2023 ยท EMD 32/100 ยท close 99.60 1 Dec 2023 ยท EMD 31/100 ยท close 97.94 8 Dec 2023 ยท EMD 40/100 ยท close 104.55 15 Dec 2023 ยท EMD 44/100 ยท close 111.75 22 Dec 2023 ยท EMD 39/100 ยท close 108.10 29 Dec 2023 ยท EMD 41/100 ยท close 108.10 5 Jan 2024 ยท EMD 32/100 ยท close 101.75 12 Jan 2024 ยท EMD 33/100 ยท close 102.55 19 Jan 2024 ยท EMD 41/100 ยท close 101.30 26 Jan 2024 ยท EMD 50/100 ยท close 113.30 2 Feb 2024 ยท EMD 37/100 ยท close 101.20 9 Feb 2024 ยท EMD 40/100 ยท close 99.22 16 Feb 2024 ยท EMD 46/100 ยท close 106.00 23 Feb 2024 ยท EMD 37/100 ยท close 101.45 1 Mar 2024 ยท EMD 47/100 ยท close 108.10 8 Mar 2024 ยท EMD 48/100 ยท close 106.00 15 Mar 2024 ยท EMD 55/100 ยท close 113.20 22 Mar 2024 ยท EMD 61/100 ยท close 116.20 29 Mar 2024 ยท EMD 66/100 ยท close 119.95 5 Apr 2024 ยท EMD 69/100 ยท close 122.05 12 Apr 2024 ยท EMD 66/100 ยท close 120.95 19 Apr 2024 ยท EMD 59/100 ยท close 112.50 26 Apr 2024 ยท EMD 61/100 ยท close 116.95 3 May 2024 ยท EMD 68/100 ยท close 119.80 10 May 2024 ยท EMD 70/100 ยท close 125.45 17 May 2024 ยท EMD 67/100 ยท close 122.70 24 May 2024 ยท EMD 70/100 ยท close 124.95 31 May 2024 ยท EMD 65/100 ยท close 121.45 7 Jun 2024 ยท EMD 52/100 ยท close 106.02 14 Jun 2024 ยท EMD 40/100 ยท close 96.40 21 Jun 2024 ยท EMD 35/100 ยท close 91.30 28 Jun 2024 ยท EMD 29/100 ยท close 86.95 5 Jul 2024 ยท EMD 29/100 ยท close 88.15 12 Jul 2024 ยท EMD 37/100 ยท close 91.50 19 Jul 2024 ยท EMD 30/100 ยท close 88.70 26 Jul 2024 ยท EMD 36/100 ยท close 89.09 2 Aug 2024 ยท EMD 27/100 ยท close 83.82 9 Aug 2024 ยท EMD 27/100 ยท close 79.72 16 Aug 2024 ยท EMD 28/100 ยท close 80.69 23 Aug 2024 ยท EMD 28/100 ยท close 82.06 30 Aug 2024 ยท EMD 27/100 ยท close 81.57 6 Sep 2024 ยท EMD 23/100 ยท close 74.34 13 Sep 2024 ยท EMD 30/100 ยท close 75.41 20 Sep 2024 ยท EMD 29/100 ยท close 78.48 27 Sep 2024 ยท EMD 36/100 ยท close 83.27 4 Oct 2024 ยท EMD 34/100 ยท close 80.66 11 Oct 2024 ยท EMD 35/100 ยท close 79.45 18 Oct 2024 ยท EMD 27/100 ยท close 74.14 25 Oct 2024 ยท EMD 34/100 ยท close 73.79 1 Nov 2024 ยท EMD 31/100 ยท close 75.70 8 Nov 2024 ยท EMD 38/100 ยท close 77.34 15 Nov 2024 ยท EMD 41/100 ยท close 77.22 22 Nov 2024 ยท EMD 35/100 ยท close 75.34 29 Nov 2024 ยท EMD 37/100 ยท close 75.79 6 Dec 2024 ยท EMD 41/100 ยท close 77.76 13 Dec 2024 ยท EMD 36/100 ยท close 77.38 20 Dec 2024 ยท EMD 34/100 ยท close 72.96 27 Dec 2024 ยท EMD 37/100 ยท close 74.47 3 Jan 2025 ยท EMD 43/100 ยท close 78.12 10 Jan 2025 ยท EMD 38/100 ยท close 76.99 17 Jan 2025 ยท EMD 48/100 ยท close 79.47 24 Jan 2025 ยท EMD 49/100 ยท close 80.60 31 Jan 2025 ยท EMD 61/100 ยท close 87.80 7 Feb 2025 ยท EMD 63/100 ยท close 89.39 14 Feb 2025 ยท EMD 71/100 ยท close 92.19 21 Feb 2025 ยท EMD 64/100 ยท close 89.35 28 Feb 2025 ยท EMD 62/100 ยท close 86.89 7 Mar 2025 ยท EMD 51/100 ยท close 78.41 14 Mar 2025 ยท EMD 48/100 ยท close 74.33 21 Mar 2025 ยท EMD 42/100 ยท close 74.02 28 Mar 2025 ยท EMD 37/100 ยท close 72.39 4 Apr 2025 ยท EMD 33/100 ยท close 67.55 11 Apr 2025 ยท EMD 45/100 ยท close 71.38 18 Apr 2025 ยท EMD 41/100 ยท close 73.40 25 Apr 2025 ยท EMD 41/100 ยท close 74.36 2 May 2025 ยท EMD 48/100 ยท close 77.90 9 May 2025 ยท EMD 43/100 ยท close 76.18 16 May 2025 ยท EMD 56/100 ยท close 83.48 23 May 2025 ยท EMD 49/100 ยท close 79.32 30 May 2025 ยท EMD 55/100 ยท close 81.48 6 Jun 2025 ยท EMD 58/100 ยท close 81.50 13 Jun 2025 ยท EMD 46/100 ยท close 76.50 20 Jun 2025 ยท EMD 48/100 ยท close 76.48 27 Jun 2025 ยท EMD 67/100 ยท close 83.94 4 Jul 2025 ยท EMD 70/100 ยท close 85.30 11 Jul 2025 ยท EMD 86/100 ยท close 92.20 18 Jul 2025 ยท EMD 84/100 ยท close 93.04 25 Jul 2025 ยท EMD 83/100 ยท close 91.68 1 Aug 2025 ยท EMD 73/100 ยท close 86.34 8 Aug 2025 ยท EMD 80/100 ยท close 89.88 15 Aug 2025 ยท EMD 67/100 ยท close 86.74 22 Aug 2025 ยท EMD 76/100 ยท close 87.80 29 Aug 2025 ยท EMD 66/100 ยท close 84.90 5 Sep 2025 ยท EMD 58/100 ยท close 81.78 12 Sep 2025 ยท EMD 64/100 ยท close 83.08 19 Sep 2025 ยท EMD 70/100 ยท close 85.24 26 Sep 2025 ยท EMD 60/100 ยท close 82.94 3 Oct 2025 ยท EMD 64/100 ยท close 84.96 10 Oct 2025 ยท EMD 54/100 ยท close 83.56 17 Oct 2025 ยท EMD 75/100 ยท close 89.34 24 Oct 2025 ยท EMD 70/100 ยท close 88.78 31 Oct 2025 ยท EMD 70/100 ยท close 89.82 7 Nov 2025 ยท EMD 53/100 ยท close 82.88 14 Nov 2025 ยท EMD 48/100 ยท close 80.58 21 Nov 2025 ยท EMD 49/100 ยท close 82.32 28 Nov 2025 ยท EMD 55/100 ยท close 87.70 5 Dec 2025 ยท EMD 51/100 ยท close 86.02 12 Dec 2025 ยท EMD 47/100 ยท close 83.24 19 Dec 2025 ยท EMD 42/100 ยท close 81.26 26 Dec 2025 ยท EMD 42/100 ยท close 82.08 2 Jan 2026 ยท EMD 39/100 ยท close 82.02 9 Jan 2026 ยท EMD 43/100 ยท close 83.06 16 Jan 2026 ยท EMD 46/100 ยท close 84.06 23 Jan 2026 ยท EMD 31/100 ยท close 76.18 30 Jan 2026 ยท EMD 27/100 ยท close 73.00 6 Feb 2026 ยท EMD 23/100 ยท close 66.72 13 Feb 2026 ยท EMD 24/100 ยท close 65.74 20 Feb 2026 ยท EMD 27/100 ยท close 64.60 27 Feb 2026 ยท EMD 30/100 ยท close 63.84 6 Mar 2026 ยท EMD 27/100 ยท close 61.76 13 Mar 2026 ยท EMD 20/100 ยท close 51.94 20 Mar 2026 ยท EMD 19/100 ยท close 48.89 27 Mar 2026 ยท EMD 29/100 ยท close 49.67 3 Apr 2026 ยท EMD 24/100 ยท close 49.07 10 Apr 2026 ยท EMD 26/100 ยท close 50.60 17 Apr 2026 ยท EMD 35/100 ยท close 54.36 24 Apr 2026 ยท EMD 27/100 ยท close 53.62 1 May 2026 ยท EMD 26/100 ยท close 52.60 8 May 2026 ยท EMD 25/100 ยท close 52.40 15 May 2026 ยท EMD 25/100 ยท close 51.84 22 May 2026 ยท EMD 36/100 ยท close 56.84 29 May 2026 ยท EMD 30/100 ยท close 56.52 5 Jun 2026 ยท EMD 38/100 ยท close 58.96 12 Jun 2026 ยท EMD 41/100 ยท close 58.22 19 Jun 2026 ยท EMD 31/100 ยท close 53.34 26 Jun 2026 ยท EMD 32/100 ยท close 50.82 3 Jul 2026 ยท EMD 37/100 ยท close 53.84 10 Jul 2026 ยท EMD 33/100 ยท close 50.74 17 Jul 2026 ยท EMD 30/100 ยท close 49.43 24 Jul 2026 ยท EMD 37/100 ยท close 50.40 31 Jul 2026 ยท EMD 34/100 ยท close 52.52 7 Aug 2026 ยท EMD 44/100 ยท close 56.42 14 Aug 2026 ยท EMD 49/100 ยท close 57.98 21 Aug 2026 ยท EMD 50/100 ยท close 57.62 28 Aug 2026 ยท EMD 63/100 ยท close 63.22 4 Sep 2026 ยท EMD 57/100 ยท close 61.02 11 Sep 2026 ยท EMD 56/100 ยท close 60.64 19 Apr 2024 ยท Down-cycle confirmed ยท close 112.50 7 Jun 2024 ยท Down-cycle confirmed ยท close 106.02 22 May 2026 ยท Up-cycle confirmed ยท close 56.84 7 Aug 2026 ยท Up-cycle confirmed ยท close 56.42 22 Sep 202321 Mar 202511 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 16%Current EMD +11.84-week EMD change +13.3156-week price range SEK 48.89โ€“125.45

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

96/1001.70

Strengthening beneath price
4-week change +1.21

02

Trend and deviation

95/100+10.0% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

65/1004w +4.6% ยท 13w +4.2%

Momentum is supportive
SMI 0.17

04

Price-volume pressure

12/10012% constructive pressure

Volume is leaning against the close
Volume ratio 2.82x

05

Relative leadership

6/100-16.74

The ticker is lagging its benchmark
4-week change +7.63

06

Modeled Trend

69/100Modeled Trend 0.32

Modeled Trend is supportive
Smoothed Modeled Trend 0.29

Evidence context