GER ยท EQUITY ยท ENHANCED MARKET DYNAMICS

FEV

FORTEC Elektronik AG

DE ยท Technology ยท Electronics & Computer Distribution

EMD SCORE45/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions remain cautious, although the latest readings are improving.

Early repair0% directional agreement68% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 11.35
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

3 supportive ยท 3 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 24.3016.969.62 8 Sep 2023 ยท EMD 50/100 ยท close 23.07 15 Sep 2023 ยท EMD 54/100 ยท close 23.52 22 Sep 2023 ยท EMD 42/100 ยท close 22.62 29 Sep 2023 ยท EMD 47/100 ยท close 22.62 6 Oct 2023 ยท EMD 49/100 ยท close 22.80 13 Oct 2023 ยท EMD 47/100 ยท close 22.80 20 Oct 2023 ยท EMD 33/100 ยท close 20.84 27 Oct 2023 ยท EMD 42/100 ยท close 20.31 3 Nov 2023 ยท EMD 52/100 ยท close 22.89 10 Nov 2023 ยท EMD 42/100 ยท close 22.27 17 Nov 2023 ยท EMD 48/100 ยท close 22.18 24 Nov 2023 ยท EMD 46/100 ยท close 22.09 1 Dec 2023 ยท EMD 41/100 ยท close 22.27 8 Dec 2023 ยท EMD 39/100 ยท close 21.73 15 Dec 2023 ยท EMD 35/100 ยท close 21.47 22 Dec 2023 ยท EMD 32/100 ยท close 21.20 29 Dec 2023 ยท EMD 37/100 ยท close 21.38 5 Jan 2024 ยท EMD 50/100 ยท close 23.52 12 Jan 2024 ยท EMD 40/100 ยท close 22.27 19 Jan 2024 ยท EMD 44/100 ยท close 22.18 26 Jan 2024 ยท EMD 47/100 ยท close 22.62 2 Feb 2024 ยท EMD 47/100 ยท close 22.98 9 Feb 2024 ยท EMD 53/100 ยท close 22.86 16 Feb 2024 ยท EMD 47/100 ยท close 22.58 23 Feb 2024 ยท EMD 46/100 ยท close 22.40 1 Mar 2024 ยท EMD 40/100 ยท close 21.57 8 Mar 2024 ยท EMD 33/100 ยท close 20.83 15 Mar 2024 ยท EMD 35/100 ยท close 20.74 22 Mar 2024 ยท EMD 44/100 ยท close 21.66 29 Mar 2024 ยท EMD 50/100 ยท close 22.86 5 Apr 2024 ยท EMD 42/100 ยท close 21.94 12 Apr 2024 ยท EMD 44/100 ยท close 21.76 19 Apr 2024 ยท EMD 32/100 ยท close 20.28 26 Apr 2024 ยท EMD 36/100 ยท close 20.28 3 May 2024 ยท EMD 33/100 ยท close 20.65 10 May 2024 ยท EMD 33/100 ยท close 20.65 17 May 2024 ยท EMD 39/100 ยท close 21.02 24 May 2024 ยท EMD 24/100 ยท close 18.81 31 May 2024 ยท EMD 34/100 ยท close 18.81 7 Jun 2024 ยท EMD 35/100 ยท close 19.36 14 Jun 2024 ยท EMD 27/100 ยท close 18.81 21 Jun 2024 ยท EMD 29/100 ยท close 18.44 28 Jun 2024 ยท EMD 25/100 ยท close 17.98 5 Jul 2024 ยท EMD 32/100 ยท close 18.99 12 Jul 2024 ยท EMD 34/100 ยท close 19.17 19 Jul 2024 ยท EMD 26/100 ยท close 18.34 26 Jul 2024 ยท EMD 26/100 ยท close 18.34 2 Aug 2024 ยท EMD 26/100 ยท close 18.34 9 Aug 2024 ยท EMD 26/100 ยท close 17.51 16 Aug 2024 ยท EMD 22/100 ยท close 16.87 23 Aug 2024 ยท EMD 28/100 ยท close 17.70 30 Aug 2024 ยท EMD 26/100 ยท close 17.61 6 Sep 2024 ยท EMD 28/100 ยท close 17.05 13 Sep 2024 ยท EMD 24/100 ยท close 15.95 20 Sep 2024 ยท EMD 33/100 ยท close 17.15 27 Sep 2024 ยท EMD 32/100 ยท close 17.70 4 Oct 2024 ยท EMD 31/100 ยท close 17.70 11 Oct 2024 ยท EMD 40/100 ยท close 17.88 18 Oct 2024 ยท EMD 29/100 ยท close 16.78 25 Oct 2024 ยท EMD 29/100 ยท close 16.50 1 Nov 2024 ยท EMD 43/100 ยท close 17.42 8 Nov 2024 ยท EMD 42/100 ยท close 17.51 15 Nov 2024 ยท EMD 40/100 ยท close 17.05 22 Nov 2024 ยท EMD 47/100 ยท close 17.24 29 Nov 2024 ยท EMD 43/100 ยท close 17.24 6 Dec 2024 ยท EMD 52/100 ยท close 18.16 13 Dec 2024 ยท EMD 46/100 ยท close 17.79 20 Dec 2024 ยท EMD 38/100 ยท close 16.78 27 Dec 2024 ยท EMD 43/100 ยท close 16.87 3 Jan 2025 ยท EMD 53/100 ยท close 18.44 10 Jan 2025 ยท EMD 52/100 ยท close 18.44 17 Jan 2025 ยท EMD 52/100 ยท close 18.16 24 Jan 2025 ยท EMD 54/100 ยท close 17.98 31 Jan 2025 ยท EMD 52/100 ยท close 18.16 7 Feb 2025 ยท EMD 33/100 ยท close 14.01 14 Feb 2025 ยท EMD 42/100 ยท close 15.65 21 Feb 2025 ยท EMD 33/100 ยท close 15.26 28 Feb 2025 ยท EMD 28/100 ยท close 14.88 7 Mar 2025 ยท EMD 37/100 ยท close 14.88 14 Mar 2025 ยท EMD 31/100 ยท close 15.17 21 Mar 2025 ยท EMD 33/100 ยท close 15.36 28 Mar 2025 ยท EMD 33/100 ยท close 15.36 4 Apr 2025 ยท EMD 34/100 ยท close 14.88 11 Apr 2025 ยท EMD 34/100 ยท close 15.07 18 Apr 2025 ยท EMD 28/100 ยท close 15.07 25 Apr 2025 ยท EMD 28/100 ยท close 14.92 2 May 2025 ยท EMD 28/100 ยท close 14.83 9 May 2025 ยท EMD 38/100 ยท close 15.07 16 May 2025 ยท EMD 35/100 ยท close 15.12 23 May 2025 ยท EMD 34/100 ยท close 15.07 30 May 2025 ยท EMD 41/100 ยท close 15.36 6 Jun 2025 ยท EMD 44/100 ยท close 15.36 13 Jun 2025 ยท EMD 48/100 ยท close 16.14 20 Jun 2025 ยท EMD 45/100 ยท close 15.90 27 Jun 2025 ยท EMD 43/100 ยท close 15.56 4 Jul 2025 ยท EMD 47/100 ยท close 15.70 11 Jul 2025 ยท EMD 35/100 ยท close 14.53 18 Jul 2025 ยท EMD 42/100 ยท close 14.78 25 Jul 2025 ยท EMD 37/100 ยท close 14.68 1 Aug 2025 ยท EMD 39/100 ยท close 14.73 8 Aug 2025 ยท EMD 36/100 ยท close 14.58 15 Aug 2025 ยท EMD 35/100 ยท close 14.39 22 Aug 2025 ยท EMD 40/100 ยท close 14.34 29 Aug 2025 ยท EMD 35/100 ยท close 14.29 5 Sep 2025 ยท EMD 35/100 ยท close 14.39 12 Sep 2025 ยท EMD 29/100 ยท close 13.95 19 Sep 2025 ยท EMD 39/100 ยท close 14.53 26 Sep 2025 ยท EMD 38/100 ยท close 14.58 3 Oct 2025 ยท EMD 43/100 ยท close 14.68 10 Oct 2025 ยท EMD 26/100 ยท close 12.98 17 Oct 2025 ยท EMD 29/100 ยท close 12.64 24 Oct 2025 ยท EMD 28/100 ยท close 12.69 31 Oct 2025 ยท EMD 24/100 ยท close 11.62 7 Nov 2025 ยท EMD 31/100 ยท close 10.99 14 Nov 2025 ยท EMD 28/100 ยท close 11.57 21 Nov 2025 ยท EMD 25/100 ยท close 11.03 28 Nov 2025 ยท EMD 30/100 ยท close 10.89 5 Dec 2025 ยท EMD 30/100 ยท close 10.60 12 Dec 2025 ยท EMD 27/100 ยท close 10.45 19 Dec 2025 ยท EMD 25/100 ยท close 10.84 26 Dec 2025 ยท EMD 25/100 ยท close 10.65 2 Jan 2026 ยท EMD 24/100 ยท close 10.40 9 Jan 2026 ยท EMD 39/100 ยท close 11.76 16 Jan 2026 ยท EMD 43/100 ยท close 12.59 23 Jan 2026 ยท EMD 55/100 ยท close 14.29 30 Jan 2026 ยท EMD 61/100 ยท close 14.29 6 Feb 2026 ยท EMD 62/100 ยท close 14.05 13 Feb 2026 ยท EMD 60/100 ยท close 13.90 20 Feb 2026 ยท EMD 42/100 ยท close 12.00 27 Feb 2026 ยท EMD 59/100 ยท close 13.55 6 Mar 2026 ยท EMD 57/100 ยท close 13.35 13 Mar 2026 ยท EMD 52/100 ยท close 12.80 20 Mar 2026 ยท EMD 51/100 ยท close 12.20 27 Mar 2026 ยท EMD 37/100 ยท close 10.85 3 Apr 2026 ยท EMD 48/100 ยท close 12.15 10 Apr 2026 ยท EMD 36/100 ยท close 11.20 17 Apr 2026 ยท EMD 32/100 ยท close 10.85 24 Apr 2026 ยท EMD 32/100 ยท close 10.75 1 May 2026 ยท EMD 32/100 ยท close 10.80 8 May 2026 ยท EMD 29/100 ยท close 10.50 15 May 2026 ยท EMD 31/100 ยท close 10.50 22 May 2026 ยท EMD 36/100 ยท close 10.75 29 May 2026 ยท EMD 37/100 ยท close 11.30 5 Jun 2026 ยท EMD 43/100 ยท close 11.80 12 Jun 2026 ยท EMD 64/100 ยท close 13.60 19 Jun 2026 ยท EMD 63/100 ยท close 13.55 26 Jun 2026 ยท EMD 61/100 ยท close 12.95 3 Jul 2026 ยท EMD 55/100 ยท close 12.65 10 Jul 2026 ยท EMD 60/100 ยท close 13.00 17 Jul 2026 ยท EMD 58/100 ยท close 12.65 24 Jul 2026 ยท EMD 46/100 ยท close 11.30 31 Jul 2026 ยท EMD 39/100 ยท close 10.95 7 Aug 2026 ยท EMD 42/100 ยท close 11.30 14 Aug 2026 ยท EMD 43/100 ยท close 11.50 21 Aug 2026 ยท EMD 46/100 ยท close 11.45 28 Aug 2026 ยท EMD 45/100 ยท close 11.35 20 Oct 2023 ยท Down-cycle confirmed ยท close 20.84 8 Dec 2023 ยท Down-cycle confirmed ยท close 21.73 12 Jan 2024 ยท Down-cycle confirmed ยท close 22.27 1 Mar 2024 ยท Down-cycle confirmed ยท close 21.57 19 Apr 2024 ยท Down-cycle confirmed ยท close 20.28 14 Nov 2025 ยท Up-cycle confirmed ยท close 11.57 9 Jan 2026 ยท Up-cycle confirmed ยท close 11.76 3 Apr 2026 ยท Up-cycle confirmed ยท close 12.15 5 Jun 2026 ยท Up-cycle confirmed ยท close 11.80 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 13%Current EMD -9.24-week EMD change +11.9156-week price range EUR 10.40โ€“23.52

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

34/100-0.06

Cautious pressure beneath price
4-week change -0.48

02

Trend and deviation

14/100-5.3% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

66/1004w +3.7% ยท 13w +0.4%

Momentum is supportive
SMI 0.39

04

Price-volume pressure

64/10064% constructive pressure

Volume is confirming the close
Volume ratio 2.08x

05

Relative leadership

9/100-14.13

The ticker is lagging its benchmark
4-week change +2.09

06

Modeled Trend

75/100Modeled Trend 0.54

Modeled Trend is supportive
Smoothed Modeled Trend 0.29

Evidence context