NASDAQ ยท ETF ยท ENHANCED MARKET DYNAMICS

MEMA

Man Active Emerging Markets Alternative ETF

US

EMD SCORE65/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions remain positive, but momentum has eased.

Constructive fade50% directional agreement73% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 31.15
Evidence
37 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

3 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.
19 Dec 2025โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 33.2529.1224.98 19 Dec 2025 ยท EMD 48/100 ยท close 25.42 26 Dec 2025 ยท EMD 46/100 ยท close 25.89 2 Jan 2026 ยท EMD 46/100 ยท close 26.39 9 Jan 2026 ยท EMD 51/100 ยท close 27.06 16 Jan 2026 ยท EMD 50/100 ยท close 27.33 23 Jan 2026 ยท EMD 53/100 ยท close 27.79 30 Jan 2026 ยท EMD 47/100 ยท close 28.10 6 Feb 2026 ยท EMD 52/100 ยท close 28.32 13 Feb 2026 ยท EMD 50/100 ยท close 28.84 20 Feb 2026 ยท EMD 51/100 ยท close 29.45 27 Feb 2026 ยท EMD 50/100 ยท close 29.52 6 Mar 2026 ยท EMD 39/100 ยท close 27.30 13 Mar 2026 ยท EMD 45/100 ยท close 27.11 20 Mar 2026 ยท EMD 39/100 ยท close 26.37 27 Mar 2026 ยท EMD 38/100 ยท close 26.19 3 Apr 2026 ยท EMD 52/100 ยท close 26.92 10 Apr 2026 ยท EMD 54/100 ยท close 28.85 17 Apr 2026 ยท EMD 53/100 ยท close 30.15 24 Apr 2026 ยท EMD 53/100 ยท close 30.28 1 May 2026 ยท EMD 55/100 ยท close 30.76 8 May 2026 ยท EMD 55/100 ยท close 32.17 15 May 2026 ยท EMD 50/100 ยท close 30.61 22 May 2026 ยท EMD 51/100 ยท close 30.98 29 May 2026 ยท EMD 50/100 ยท close 32.00 5 Jun 2026 ยท EMD 42/100 ยท close 30.15 12 Jun 2026 ยท EMD 61/100 ยท close 31.54 19 Jun 2026 ยท EMD 62/100 ยท close 32.81 26 Jun 2026 ยท EMD 46/100 ยท close 30.96 3 Jul 2026 ยท EMD 52/100 ยท close 30.18 10 Jul 2026 ยท EMD 73/100 ยท close 30.78 17 Jul 2026 ยท EMD 60/100 ยท close 29.34 24 Jul 2026 ยท EMD 59/100 ยท close 29.51 31 Jul 2026 ยท EMD 67/100 ยท close 29.40 7 Aug 2026 ยท EMD 67/100 ยท close 30.44 14 Aug 2026 ยท EMD 64/100 ยท close 30.60 21 Aug 2026 ยท EMD 67/100 ยท close 31.24 28 Aug 2026 ยท EMD 65/100 ยท close 31.15 9 Jan 2026 ยท Up-cycle confirmed ยท close 27.06 26 Jun 2026 ยท Down-cycle confirmed ยท close 30.96 19 Dec 202524 Apr 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 90%Current EMD +30.04-week EMD change -4.2156-week price range USD 25.42โ€“32.81

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

44/100-0.55

Cautious pressure beneath price
4-week change -0.28

02

Trend and deviation

84/100+4.5% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

70/1004w +5.9% ยท 13w -2.7%

Momentum is supportive
SMI 0.67

04

Price-volume pressure

52/10052% constructive pressure

Volume is confirming the close
Volume ratio 0.59x

05

Modeled Trend

87/100Modeled Trend 0.70

Modeled Trend is supportive
Smoothed Modeled Trend 0.74

Evidence context