BUE ยท EQUITY ยท ENHANCED MARKET DYNAMICS

VIVT3

Telefรดnica Brasil S.A.

AR ยท Communication Services ยท Telecom Services

EMD SCORE46/100

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 repair20% directional agreement74% evidence confidence
Completed week
28 Aug 2026
Latest close
ARS 10,000.00
Evidence
81 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

2 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.
14 Feb 2025โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท ARS +100+500-50-100 12,948.609,135.005,321.40 14 Feb 2025 ยท EMD 48/100 ยท close 11,425.00 21 Feb 2025 ยท EMD 45/100 ยท close 11,225.00 28 Feb 2025 ยท EMD 45/100 ยท close 10,650.00 7 Mar 2025 ยท EMD 48/100 ยท close 10,400.00 14 Mar 2025 ยท EMD 43/100 ยท close 10,575.00 21 Mar 2025 ยท EMD 44/100 ยท close 11,400.00 28 Mar 2025 ยท EMD 45/100 ยท close 11,325.00 4 Apr 2025 ยท EMD 49/100 ยท close 11,850.00 11 Apr 2025 ยท EMD 48/100 ยท close 11,325.00 18 Apr 2025 ยท EMD 44/100 ยท close 11,025.00 25 Apr 2025 ยท EMD 43/100 ยท close 5,730.00 2 May 2025 ยท EMD 43/100 ยท close 5,800.00 9 May 2025 ยท EMD 39/100 ยท close 5,840.00 16 May 2025 ยท EMD 40/100 ยท close 5,840.00 23 May 2025 ยท EMD 46/100 ยท close 5,770.00 30 May 2025 ยท EMD 42/100 ยท close 5,920.00 6 Jun 2025 ยท EMD 41/100 ยท close 6,010.00 13 Jun 2025 ยท EMD 47/100 ยท close 6,550.00 20 Jun 2025 ยท EMD 45/100 ยท close 6,500.00 27 Jun 2025 ยท EMD 52/100 ยท close 6,820.00 4 Jul 2025 ยท EMD 47/100 ยท close 7,320.00 11 Jul 2025 ยท EMD 44/100 ยท close 7,290.00 18 Jul 2025 ยท EMD 44/100 ยท close 7,100.00 25 Jul 2025 ยท EMD 49/100 ยท close 7,170.00 1 Aug 2025 ยท EMD 49/100 ยท close 7,700.00 8 Aug 2025 ยท EMD 51/100 ยท close 8,190.00 15 Aug 2025 ยท EMD 49/100 ยท close 8,050.00 22 Aug 2025 ยท EMD 51/100 ยท close 8,510.00 29 Aug 2025 ยท EMD 53/100 ยท close 8,440.00 5 Sep 2025 ยท EMD 62/100 ยท close 8,520.00 12 Sep 2025 ยท EMD 71/100 ยท close 9,140.00 19 Sep 2025 ยท EMD 81/100 ยท close 9,775.00 26 Sep 2025 ยท EMD 69/100 ยท close 8,770.00 3 Oct 2025 ยท EMD 70/100 ยท close 9,575.00 10 Oct 2025 ยท EMD 66/100 ยท close 9,150.00 17 Oct 2025 ยท EMD 88/100 ยท close 9,325.00 24 Oct 2025 ยท EMD 86/100 ยท close 9,835.00 31 Oct 2025 ยท EMD 66/100 ยท close 9,100.00 7 Nov 2025 ยท EMD 80/100 ยท close 9,365.00 14 Nov 2025 ยท EMD 81/100 ยท close 9,660.00 21 Nov 2025 ยท EMD 76/100 ยท close 9,450.00 28 Nov 2025 ยท EMD 81/100 ยท close 10,040.00 5 Dec 2025 ยท EMD 83/100 ยท close 9,980.00 12 Dec 2025 ยท EMD 72/100 ยท close 9,200.00 19 Dec 2025 ยท EMD 69/100 ยท close 9,190.00 26 Dec 2025 ยท EMD 66/100 ยท close 9,040.00 2 Jan 2026 ยท EMD 65/100 ยท close 9,255.00 9 Jan 2026 ยท EMD 80/100 ยท close 9,550.00 16 Jan 2026 ยท EMD 58/100 ยท close 9,105.00 23 Jan 2026 ยท EMD 85/100 ยท close 10,510.00 30 Jan 2026 ยท EMD 71/100 ยท close 10,600.00 6 Feb 2026 ยท EMD 84/100 ยท close 11,270.00 13 Feb 2026 ยท EMD 78/100 ยท close 11,530.00 20 Feb 2026 ยท EMD 77/100 ยท close 11,420.00 27 Feb 2026 ยท EMD 95/100 ยท close 12,430.00 6 Mar 2026 ยท EMD 86/100 ยท close 11,850.00 13 Mar 2026 ยท EMD 76/100 ยท close 11,170.00 20 Mar 2026 ยท EMD 79/100 ยท close 10,990.00 27 Mar 2026 ยท EMD 79/100 ยท close 11,330.00 3 Apr 2026 ยท EMD 81/100 ยท close 12,080.00 10 Apr 2026 ยท EMD 90/100 ยท close 12,540.00 17 Apr 2026 ยท EMD 80/100 ยท close 11,990.00 24 Apr 2026 ยท EMD 82/100 ยท close 11,890.00 1 May 2026 ยท EMD 81/100 ยท close 11,960.00 8 May 2026 ยท EMD 74/100 ยท close 11,670.00 15 May 2026 ยท EMD 60/100 ยท close 10,630.00 22 May 2026 ยท EMD 57/100 ยท close 10,530.00 29 May 2026 ยท EMD 38/100 ยท close 9,845.00 5 Jun 2026 ยท EMD 47/100 ยท close 10,110.00 12 Jun 2026 ยท EMD 38/100 ยท close 9,900.00 19 Jun 2026 ยท EMD 39/100 ยท close 10,100.00 26 Jun 2026 ยท EMD 45/100 ยท close 10,500.00 3 Jul 2026 ยท EMD 44/100 ยท close 10,550.00 10 Jul 2026 ยท EMD 35/100 ยท close 10,500.00 17 Jul 2026 ยท EMD 46/100 ยท close 10,900.00 24 Jul 2026 ยท EMD 45/100 ยท close 11,050.00 31 Jul 2026 ยท EMD 35/100 ยท close 10,240.00 7 Aug 2026 ยท EMD 27/100 ยท close 9,575.00 14 Aug 2026 ยท EMD 25/100 ยท close 8,980.00 21 Aug 2026 ยท EMD 37/100 ยท close 9,140.00 28 Aug 2026 ยท EMD 46/100 ยท close 10,000.00 13 Jun 2025 ยท Up-cycle confirmed ยท close 6,550.00 13 Mar 2026 ยท Down-cycle confirmed ยท close 11,170.00 8 May 2026 ยท Down-cycle confirmed ยท close 11,670.00 14 Feb 202521 Nov 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 55%Current EMD -9.04-week EMD change +21.7156-week price range ARS 5,730.00โ€“12,540.00

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

24/100-0.80

Cautious pressure beneath price
4-week change -0.06

02

Trend and deviation

7/100-8.2% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

55/1004w -2.3% ยท 13w +1.6%

Momentum is supportive
SMI 0.30

04

Price-volume pressure

100/100100% constructive pressure

Volume is confirming the close
Volume ratio 8.04x

05

Relative leadership

15/100-10.35

The ticker is lagging its benchmark
4-week change +7.80

06

Modeled Trend

64/100Modeled Trend 0.16

Modeled Trend is supportive
Smoothed Modeled Trend 0.28

Evidence context