TLV ยท EQUITY ยท ENHANCED MARKET DYNAMICS

ARD

Arad Ltd.

IL ยท Technology ยท Scientific & Technical Instruments

EMD SCORE53/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions remain positive, but momentum has eased.

Constructive fade0% directional agreement68% evidence confidence
Completed week
4 Sep 2026
Latest close
ILA 501,500.00
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

2 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.
15 Sep 2023โ€“4 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท ILA +100+500-50-100 595,683.31498,660.28401,637.25 15 Sep 2023 ยท EMD 72/100 ยท close 558,498.96 22 Sep 2023 ยท EMD 68/100 ยท close 562,569.34 29 Sep 2023 ยท EMD 69/100 ยท close 567,870.35 6 Oct 2023 ยท EMD 71/100 ยท close 570,710.23 13 Oct 2023 ยท EMD 73/100 ยท close 544,962.44 20 Oct 2023 ยท EMD 69/100 ยท close 533,319.15 27 Oct 2023 ยท EMD 71/100 ยท close 539,188.13 3 Nov 2023 ยท EMD 61/100 ยท close 545,435.73 10 Nov 2023 ยท EMD 62/100 ยท close 535,875.00 17 Nov 2023 ยท EMD 70/100 ยท close 550,263.49 24 Nov 2023 ยท EMD 62/100 ยท close 550,452.75 1 Dec 2023 ยท EMD 57/100 ยท close 527,639.52 8 Dec 2023 ยท EMD 65/100 ยท close 552,629.98 15 Dec 2023 ยท EMD 48/100 ยท close 523,853.09 22 Dec 2023 ยท EMD 46/100 ยท close 521,675.86 29 Dec 2023 ยท EMD 44/100 ยท close 518,552.08 5 Jan 2024 ยท EMD 52/100 ยท close 550,926.05 12 Jan 2024 ยท EMD 59/100 ยท close 559,540.24 19 Jan 2024 ยท EMD 55/100 ยท close 548,654.24 26 Jan 2024 ยท EMD 66/100 ยท close 570,804.82 2 Feb 2024 ยท EMD 64/100 ยท close 566,355.82 9 Feb 2024 ยท EMD 70/100 ยท close 576,863.16 16 Feb 2024 ยท EMD 77/100 ยท close 582,353.47 23 Feb 2024 ยท EMD 70/100 ยท close 583,489.38 1 Mar 2024 ยท EMD 74/100 ยท close 585,287.99 8 Mar 2024 ยท EMD 66/100 ยท close 573,928.64 15 Mar 2024 ยท EMD 63/100 ยท close 556,511.09 22 Mar 2024 ยท EMD 47/100 ยท close 531,331.28 29 Mar 2024 ยท EMD 35/100 ยท close 492,425.67 5 Apr 2024 ยท EMD 33/100 ยท close 459,389.04 12 Apr 2024 ยท EMD 26/100 ยท close 448,692.39 19 Apr 2024 ยท EMD 38/100 ยท close 464,595.41 26 Apr 2024 ยท EMD 28/100 ยท close 453,520.10 3 May 2024 ยท EMD 43/100 ยท close 473,588.18 10 May 2024 ยท EMD 32/100 ยท close 460,619.62 17 May 2024 ยท EMD 30/100 ยท close 452,668.14 24 May 2024 ยท EMD 27/100 ยท close 428,718.95 31 May 2024 ยท EMD 31/100 ยท close 464,406.06 7 Jun 2024 ยท EMD 22/100 ยท close 426,068.42 14 Jun 2024 ยท EMD 28/100 ยท close 429,665.55 21 Jun 2024 ยท EMD 31/100 ยท close 434,493.26 28 Jun 2024 ยท EMD 27/100 ยท close 426,068.42 5 Jul 2024 ยท EMD 32/100 ยท close 429,854.86 12 Jul 2024 ยท EMD 37/100 ยท close 446,420.49 19 Jul 2024 ยท EMD 41/100 ยท close 467,813.82 26 Jul 2024 ยท EMD 39/100 ยท close 460,998.24 2 Aug 2024 ยท EMD 34/100 ยท close 433,546.66 9 Aug 2024 ยท EMD 41/100 ยท close 437,901.07 16 Aug 2024 ยท EMD 38/100 ยท close 447,840.43 23 Aug 2024 ยท EMD 41/100 ยท close 454,656.01 30 Aug 2024 ยท EMD 46/100 ยท close 455,129.31 6 Sep 2024 ยท EMD 46/100 ยท close 460,998.24 13 Sep 2024 ยท EMD 43/100 ยท close 452,952.13 20 Sep 2024 ยท EMD 41/100 ยท close 441,308.84 27 Sep 2024 ยท EMD 47/100 ยท close 457,306.49 4 Oct 2024 ยท EMD 46/100 ยท close 455,981.27 11 Oct 2024 ยท EMD 51/100 ยท close 460,998.24 18 Oct 2024 ยท EMD 52/100 ยท close 462,986.16 25 Oct 2024 ยท EMD 61/100 ยท close 473,304.19 1 Nov 2024 ยท EMD 69/100 ยท close 487,030.03 8 Nov 2024 ยท EMD 60/100 ยท close 479,551.79 15 Nov 2024 ยท EMD 70/100 ยท close 504,636.93 22 Nov 2024 ยท EMD 72/100 ยท close 519,972.02 29 Nov 2024 ยท EMD 57/100 ยท close 469,707.11 6 Dec 2024 ยท EMD 67/100 ยท close 482,770.29 13 Dec 2024 ยท EMD 61/100 ยท close 479,173.17 20 Dec 2024 ยท EMD 60/100 ยท close 479,646.47 27 Dec 2024 ยท EMD 52/100 ยท close 466,961.91 3 Jan 2025 ยท EMD 63/100 ยท close 482,486.26 10 Jan 2025 ยท EMD 62/100 ยท close 496,117.42 17 Jan 2025 ยท EMD 65/100 ยท close 504,163.63 24 Jan 2025 ยท EMD 58/100 ยท close 489,491.20 31 Jan 2025 ยท EMD 57/100 ยท close 483,054.24 7 Feb 2025 ยท EMD 57/100 ยท close 481,823.70 14 Feb 2025 ยท EMD 51/100 ยท close 471,316.32 21 Feb 2025 ยท EMD 52/100 ยท close 472,641.58 28 Feb 2025 ยท EMD 52/100 ยท close 477,090.62 7 Mar 2025 ยท EMD 40/100 ยท close 455,602.65 14 Mar 2025 ยท EMD 43/100 ยท close 466,677.96 21 Mar 2025 ยท EMD 45/100 ยท close 468,665.84 28 Mar 2025 ยท EMD 48/100 ยท close 478,415.88 4 Apr 2025 ยท EMD 38/100 ยท close 455,318.62 11 Apr 2025 ยท EMD 42/100 ยท close 455,791.92 18 Apr 2025 ยท EMD 52/100 ยท close 501,323.80 25 Apr 2025 ยท EMD 47/100 ยท close 498,862.63 2 May 2025 ยท EMD 51/100 ยท close 488,449.92 9 May 2025 ยท EMD 61/100 ยท close 511,547.19 16 May 2025 ยท EMD 68/100 ยท close 521,107.88 23 May 2025 ยท EMD 62/100 ยท close 503,785.01 30 May 2025 ยท EMD 67/100 ยท close 519,827.84 6 Jun 2025 ยท EMD 67/100 ยท close 525,465.43 13 Jun 2025 ยท EMD 57/100 ยท close 499,221.34 20 Jun 2025 ยท EMD 69/100 ยท close 529,547.85 27 Jun 2025 ยท EMD 55/100 ยท close 505,150.56 4 Jul 2025 ยท EMD 67/100 ยท close 530,422.69 11 Jul 2025 ยท EMD 57/100 ยท close 501,456.93 18 Jul 2025 ยท EMD 53/100 ยท close 490,376.07 25 Jul 2025 ยท EMD 60/100 ยท close 517,592.21 1 Aug 2025 ยท EMD 51/100 ยท close 504,761.77 8 Aug 2025 ยท EMD 44/100 ยท close 480,170.06 15 Aug 2025 ยท EMD 50/100 ยท close 488,043.28 22 Aug 2025 ยท EMD 60/100 ยท close 528,284.27 29 Aug 2025 ยท EMD 63/100 ยท close 556,180.77 5 Sep 2025 ยท EMD 67/100 ยท close 549,765.55 12 Sep 2025 ยท EMD 68/100 ยท close 565,900.83 19 Sep 2025 ยท EMD 58/100 ยท close 522,160.63 26 Sep 2025 ยท EMD 58/100 ยท close 520,119.42 3 Oct 2025 ยท EMD 56/100 ยท close 525,368.26 10 Oct 2025 ยท EMD 58/100 ยท close 544,322.34 17 Oct 2025 ยท EMD 59/100 ยท close 536,254.70 24 Oct 2025 ยท EMD 53/100 ยท close 512,634.99 31 Oct 2025 ยท EMD 50/100 ยท close 506,997.35 7 Nov 2025 ยท EMD 36/100 ยท close 495,527.71 14 Nov 2025 ยท EMD 50/100 ยท close 525,465.43 21 Nov 2025 ยท EMD 36/100 ยท close 501,845.77 28 Nov 2025 ยท EMD 52/100 ยท close 532,366.69 5 Dec 2025 ยท EMD 44/100 ยท close 517,106.21 12 Dec 2025 ยท EMD 35/100 ยท close 504,858.98 19 Dec 2025 ยท EMD 34/100 ยท close 487,848.86 26 Dec 2025 ยท EMD 36/100 ยท close 497,082.92 2 Jan 2026 ยท EMD 40/100 ยท close 500,873.72 9 Jan 2026 ยท EMD 41/100 ยท close 500,582.14 16 Jan 2026 ยท EMD 37/100 ยท close 493,389.29 23 Jan 2026 ยท EMD 30/100 ยท close 471,422.00 30 Jan 2026 ยท EMD 44/100 ยท close 505,344.98 6 Feb 2026 ยท EMD 35/100 ยท close 500,387.72 13 Feb 2026 ยท EMD 33/100 ยท close 484,544.07 20 Feb 2026 ยท EMD 31/100 ยท close 476,379.22 27 Feb 2026 ยท EMD 35/100 ยท close 481,239.27 6 Mar 2026 ยท EMD 37/100 ยท close 501,651.35 13 Mar 2026 ยท EMD 31/100 ยท close 474,240.84 20 Mar 2026 ยท EMD 33/100 ยท close 469,186.42 27 Mar 2026 ยท EMD 28/100 ยท close 448,288.30 3 Apr 2026 ยท EMD 26/100 ยท close 437,304.65 10 Apr 2026 ยท EMD 28/100 ยท close 431,278.23 17 Apr 2026 ยท EMD 27/100 ยท close 425,154.64 24 Apr 2026 ยท EMD 25/100 ยท close 412,032.57 1 May 2026 ยท EMD 28/100 ยท close 415,337.37 8 May 2026 ยท EMD 38/100 ยท close 442,164.71 15 May 2026 ยท EMD 26/100 ยท close 413,101.78 22 May 2026 ยท EMD 42/100 ยท close 466,367.58 29 May 2026 ยท EMD 48/100 ยท close 494,264.13 5 Jun 2026 ยท EMD 60/100 ยท close 539,948.28 12 Jun 2026 ยท EMD 65/100 ยท close 567,800.00 19 Jun 2026 ยท EMD 66/100 ยท close 562,000.00 26 Jun 2026 ยท EMD 70/100 ยท close 566,000.00 3 Jul 2026 ยท EMD 73/100 ยท close 567,400.00 10 Jul 2026 ยท EMD 69/100 ยท close 549,300.00 17 Jul 2026 ยท EMD 63/100 ยท close 528,200.00 24 Jul 2026 ยท EMD 66/100 ยท close 538,300.00 31 Jul 2026 ยท EMD 63/100 ยท close 516,300.00 7 Aug 2026 ยท EMD 58/100 ยท close 517,300.00 14 Aug 2026 ยท EMD 65/100 ยท close 522,400.00 21 Aug 2026 ยท EMD 53/100 ยท close 492,700.00 28 Aug 2026 ยท EMD 59/100 ยท close 499,800.00 4 Sep 2026 ยท EMD 53/100 ยท close 501,500.00 22 Mar 2024 ยท Down-cycle confirmed ยท close 531,331.28 8 May 2026 ยท Up-cycle confirmed ยท close 442,164.71 22 May 2026 ยท Up-cycle confirmed ยท close 466,367.58 15 Sep 202314 Mar 20254 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 53%Current EMD +6.04-week EMD change -9.8156-week price range ILA 412,032.57โ€“585,287.99

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

38/100-0.34

Cautious pressure beneath price
4-week change -0.80

02

Trend and deviation

76/100+2.1% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

51/1004w -3.1% ยท 13w -7.1%

Momentum is supportive
SMI 0.59

04

Price-volume pressure

53/10053% constructive pressure

Volume is confirming the close
Volume ratio 1.00x

05

Relative leadership

18/100-9.23

The ticker is lagging its benchmark
4-week change -1.92

06

Modeled Trend

89/100Modeled Trend 0.81

Modeled Trend is supportive
Smoothed Modeled Trend 0.75

Evidence context