EBS ยท ETF ยท ENHANCED MARKET DYNAMICS

XDN0

Xtrackers MSCI Nordic UCITS ETF 1D

CH

EMD SCORE78/100

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 build100% directional agreement100% evidence confidence
Completed week
28 Aug 2026
Latest close
CHF 51.70
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 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 CHF +100+500-50-100 53.9246.1138.30 8 Sep 2023 ยท EMD 45/100 ยท close 41.15 15 Sep 2023 ยท EMD 53/100 ยท close 41.52 22 Sep 2023 ยท EMD 47/100 ยท close 41.24 29 Sep 2023 ยท EMD 57/100 ยท close 41.51 6 Oct 2023 ยท EMD 54/100 ยท close 40.95 13 Oct 2023 ยท EMD 58/100 ยท close 41.99 20 Oct 2023 ยท EMD 49/100 ยท close 39.93 27 Oct 2023 ยท EMD 43/100 ยท close 39.14 3 Nov 2023 ยท EMD 54/100 ยท close 41.43 10 Nov 2023 ยท EMD 52/100 ยท close 41.30 17 Nov 2023 ยท EMD 62/100 ยท close 42.64 24 Nov 2023 ยท EMD 72/100 ยท close 43.37 1 Dec 2023 ยท EMD 68/100 ยท close 42.72 8 Dec 2023 ยท EMD 74/100 ยท close 42.71 15 Dec 2023 ยท EMD 74/100 ยท close 43.59 22 Dec 2023 ยท EMD 76/100 ยท close 44.39 29 Dec 2023 ยท EMD 71/100 ยท close 44.07 5 Jan 2024 ยท EMD 85/100 ยท close 44.24 12 Jan 2024 ยท EMD 83/100 ยท close 44.22 19 Jan 2024 ยท EMD 75/100 ยท close 43.70 26 Jan 2024 ยท EMD 83/100 ยท close 44.25 2 Feb 2024 ยท EMD 85/100 ยท close 44.85 9 Feb 2024 ยท EMD 84/100 ยท close 45.94 16 Feb 2024 ยท EMD 91/100 ยท close 47.10 23 Feb 2024 ยท EMD 91/100 ยท close 47.56 1 Mar 2024 ยท EMD 92/100 ยท close 48.17 8 Mar 2024 ยท EMD 86/100 ยท close 49.43 15 Mar 2024 ยท EMD 83/100 ยท close 49.41 22 Mar 2024 ยท EMD 93/100 ยท close 50.22 29 Mar 2024 ยท EMD 84/100 ยท close 50.39 5 Apr 2024 ยท EMD 82/100 ยท close 49.61 12 Apr 2024 ยท EMD 74/100 ยท close 49.70 19 Apr 2024 ยท EMD 76/100 ยท close 48.72 26 Apr 2024 ยท EMD 82/100 ยท close 49.80 3 May 2024 ยท EMD 70/100 ยท close 49.10 10 May 2024 ยท EMD 84/100 ยท close 51.14 17 May 2024 ยท EMD 82/100 ยท close 52.07 24 May 2024 ยท EMD 82/100 ยท close 53.08 31 May 2024 ยท EMD 75/100 ยท close 52.28 7 Jun 2024 ยท EMD 83/100 ยท close 52.73 14 Jun 2024 ยท EMD 69/100 ยท close 51.37 21 Jun 2024 ยท EMD 74/100 ยท close 51.63 28 Jun 2024 ยท EMD 73/100 ยท close 52.09 5 Jul 2024 ยท EMD 67/100 ยท close 52.20 12 Jul 2024 ยท EMD 81/100 ยท close 52.79 19 Jul 2024 ยท EMD 57/100 ยท close 50.22 26 Jul 2024 ยท EMD 54/100 ยท close 49.31 2 Aug 2024 ยท EMD 45/100 ยท close 47.22 9 Aug 2024 ยท EMD 54/100 ยท close 48.24 16 Aug 2024 ยท EMD 53/100 ยท close 49.77 23 Aug 2024 ยท EMD 50/100 ยท close 50.03 30 Aug 2024 ยท EMD 52/100 ยท close 50.49 6 Sep 2024 ยท EMD 43/100 ยท close 48.33 13 Sep 2024 ยท EMD 51/100 ยท close 49.87 20 Sep 2024 ยท EMD 52/100 ยท close 50.29 27 Sep 2024 ยท EMD 44/100 ยท close 48.99 4 Oct 2024 ยท EMD 43/100 ยท close 48.10 11 Oct 2024 ยท EMD 45/100 ยท close 48.52 18 Oct 2024 ยท EMD 39/100 ยท close 48.33 25 Oct 2024 ยท EMD 40/100 ยท close 47.74 1 Nov 2024 ยท EMD 42/100 ยท close 47.29 8 Nov 2024 ยท EMD 39/100 ยท close 46.83 15 Nov 2024 ยท EMD 34/100 ยท close 45.43 22 Nov 2024 ยท EMD 32/100 ยท close 44.77 29 Nov 2024 ยท EMD 35/100 ยท close 45.65 6 Dec 2024 ยท EMD 46/100 ยท close 47.02 13 Dec 2024 ยท EMD 36/100 ยท close 46.46 20 Dec 2024 ยท EMD 25/100 ยท close 42.61 27 Dec 2024 ยท EMD 42/100 ยท close 44.20 3 Jan 2025 ยท EMD 34/100 ยท close 44.38 10 Jan 2025 ยท EMD 31/100 ยท close 44.35 17 Jan 2025 ยท EMD 38/100 ยท close 44.59 24 Jan 2025 ยท EMD 48/100 ยท close 46.87 31 Jan 2025 ยท EMD 47/100 ยท close 46.37 7 Feb 2025 ยท EMD 51/100 ยท close 47.16 14 Feb 2025 ยท EMD 47/100 ยท close 46.92 21 Feb 2025 ยท EMD 52/100 ยท close 48.22 28 Feb 2025 ยท EMD 50/100 ยท close 47.94 7 Mar 2025 ยท EMD 53/100 ยท close 48.07 14 Mar 2025 ยท EMD 51/100 ยท close 47.21 21 Mar 2025 ยท EMD 50/100 ยท close 47.31 28 Mar 2025 ยท EMD 47/100 ยท close 45.49 4 Apr 2025 ยท EMD 34/100 ยท close 40.26 11 Apr 2025 ยท EMD 39/100 ยท close 39.22 18 Apr 2025 ยท EMD 28/100 ยท close 40.19 25 Apr 2025 ยท EMD 36/100 ยท close 41.94 2 May 2025 ยท EMD 42/100 ยท close 43.84 9 May 2025 ยท EMD 42/100 ยท close 43.76 16 May 2025 ยท EMD 44/100 ยท close 45.04 23 May 2025 ยท EMD 43/100 ยท close 44.63 30 May 2025 ยท EMD 42/100 ยท close 45.03 6 Jun 2025 ยท EMD 52/100 ยท close 46.26 13 Jun 2025 ยท EMD 49/100 ยท close 46.07 20 Jun 2025 ยท EMD 50/100 ยท close 45.16 27 Jun 2025 ยท EMD 51/100 ยท close 44.90 4 Jul 2025 ยท EMD 48/100 ยท close 44.22 11 Jul 2025 ยท EMD 49/100 ยท close 44.52 18 Jul 2025 ยท EMD 45/100 ยท close 43.78 25 Jul 2025 ยท EMD 51/100 ยท close 44.94 1 Aug 2025 ยท EMD 36/100 ยท close 42.39 8 Aug 2025 ยท EMD 52/100 ยท close 43.29 15 Aug 2025 ยท EMD 45/100 ยท close 43.66 22 Aug 2025 ยท EMD 47/100 ยท close 44.51 29 Aug 2025 ยท EMD 44/100 ยท close 43.85 5 Sep 2025 ยท EMD 41/100 ยท close 43.76 12 Sep 2025 ยท EMD 51/100 ยท close 43.89 19 Sep 2025 ยท EMD 50/100 ยท close 44.56 26 Sep 2025 ยท EMD 44/100 ยท close 43.99 3 Oct 2025 ยท EMD 62/100 ยท close 44.91 10 Oct 2025 ยท EMD 55/100 ยท close 45.03 17 Oct 2025 ยท EMD 48/100 ยท close 44.05 24 Oct 2025 ยท EMD 77/100 ยท close 48.75 31 Oct 2025 ยท EMD 64/100 ยท close 44.75 7 Nov 2025 ยท EMD 51/100 ยท close 43.76 14 Nov 2025 ยท EMD 57/100 ยท close 44.46 21 Nov 2025 ยท EMD 44/100 ยท close 42.88 28 Nov 2025 ยท EMD 51/100 ยท close 44.75 5 Dec 2025 ยท EMD 52/100 ยท close 45.28 12 Dec 2025 ยท EMD 61/100 ยท close 45.86 19 Dec 2025 ยท EMD 64/100 ยท close 45.69 26 Dec 2025 ยท EMD 66/100 ยท close 46.20 2 Jan 2026 ยท EMD 68/100 ยท close 46.49 9 Jan 2026 ยท EMD 75/100 ยท close 47.86 16 Jan 2026 ยท EMD 85/100 ยท close 49.40 23 Jan 2026 ยท EMD 84/100 ยท close 49.07 30 Jan 2026 ยท EMD 68/100 ยท close 48.25 6 Feb 2026 ยท EMD 65/100 ยท close 47.68 13 Feb 2026 ยท EMD 63/100 ยท close 47.35 20 Feb 2026 ยท EMD 72/100 ยท close 48.47 27 Feb 2026 ยท EMD 68/100 ยท close 47.58 6 Mar 2026 ยท EMD 67/100 ยท close 46.74 13 Mar 2026 ยท EMD 59/100 ยท close 45.69 20 Mar 2026 ยท EMD 52/100 ยท close 44.50 27 Mar 2026 ยท EMD 50/100 ยท close 44.72 3 Apr 2026 ยท EMD 55/100 ยท close 46.67 10 Apr 2026 ยท EMD 63/100 ยท close 48.24 17 Apr 2026 ยท EMD 64/100 ยท close 48.94 24 Apr 2026 ยท EMD 60/100 ยท close 48.62 1 May 2026 ยท EMD 64/100 ยท close 48.20 8 May 2026 ยท EMD 66/100 ยท close 48.22 15 May 2026 ยท EMD 58/100 ยท close 48.30 22 May 2026 ยท EMD 77/100 ยท close 49.53 29 May 2026 ยท EMD 64/100 ยท close 49.83 5 Jun 2026 ยท EMD 73/100 ยท close 49.40 12 Jun 2026 ยท EMD 71/100 ยท close 49.32 19 Jun 2026 ยท EMD 74/100 ยท close 49.37 26 Jun 2026 ยท EMD 65/100 ยท close 49.08 3 Jul 2026 ยท EMD 76/100 ยท close 50.63 10 Jul 2026 ยท EMD 68/100 ยท close 50.22 17 Jul 2026 ยท EMD 63/100 ยท close 49.04 24 Jul 2026 ยท EMD 63/100 ยท close 49.32 31 Jul 2026 ยท EMD 65/100 ยท close 50.03 7 Aug 2026 ยท EMD 64/100 ยท close 50.40 14 Aug 2026 ยท EMD 68/100 ยท close 50.85 21 Aug 2026 ยท EMD 70/100 ยท close 50.99 28 Aug 2026 ยท EMD 78/100 ยท close 51.70 17 Nov 2023 ยท Up-cycle confirmed ยท close 42.64 26 Jul 2024 ยท Down-cycle confirmed ยท close 49.31 25 Apr 2025 ยท Up-cycle confirmed ยท close 41.94 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 94%Current EMD +57.04-week EMD change +27.7156-week price range CHF 39.14โ€“53.08

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

79/1000.57

Strengthening beneath price
4-week change +0.39

02

Trend and deviation

89/100+6.3% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

72/1004w +3.3% ยท 13w +3.7%

Momentum is supportive
SMI 0.89

04

Price-volume pressure

90/10090% constructive pressure

Volume is confirming the close
Volume ratio 9.10x

05

Relative leadership

52/1000.36

Leadership is supportive
4-week change +2.98

06

Modeled Trend

89/100Modeled Trend 0.81

Modeled Trend is supportive
Smoothed Modeled Trend 0.71

Evidence context