CBOE ยท ETF ยท ENHANCED MARKET DYNAMICS

ARWG

Archer Growth ETF

US

EMD SCORE74/100

CURRENT COMPLETED-WEEK READ

Strongly constructive

The latest completed-week readings are broadly supportive. Conditions remain positive, but momentum has eased.

Constructive fade100% directional agreement89% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 26.05
Evidence
35 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 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.
2 Jan 2026โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 27.5124.9322.36 2 Jan 2026 ยท EMD 45/100 ยท close 24.56 9 Jan 2026 ยท EMD 46/100 ยท close 24.86 16 Jan 2026 ยท EMD 43/100 ยท close 24.87 23 Jan 2026 ยท EMD 44/100 ยท close 24.67 30 Jan 2026 ยท EMD 44/100 ยท close 24.30 6 Feb 2026 ยท EMD 48/100 ยท close 25.08 13 Feb 2026 ยท EMD 44/100 ยท close 24.70 20 Feb 2026 ยท EMD 47/100 ยท close 25.16 27 Feb 2026 ยท EMD 47/100 ยท close 25.00 6 Mar 2026 ยท EMD 41/100 ยท close 23.21 13 Mar 2026 ยท EMD 42/100 ยท close 22.89 20 Mar 2026 ยท EMD 42/100 ยท close 22.81 27 Mar 2026 ยท EMD 41/100 ยท close 22.63 3 Apr 2026 ยท EMD 45/100 ยท close 23.50 10 Apr 2026 ยท EMD 44/100 ยท close 23.43 17 Apr 2026 ยท EMD 45/100 ยท close 23.94 24 Apr 2026 ยท EMD 46/100 ยท close 24.58 1 May 2026 ยท EMD 47/100 ยท close 24.90 8 May 2026 ยท EMD 44/100 ยท close 24.68 15 May 2026 ยท EMD 43/100 ยท close 24.45 22 May 2026 ยท EMD 46/100 ยท close 24.81 29 May 2026 ยท EMD 48/100 ยท close 25.40 5 Jun 2026 ยท EMD 46/100 ยท close 24.90 12 Jun 2026 ยท EMD 50/100 ยท close 25.50 19 Jun 2026 ยท EMD 53/100 ยท close 26.29 26 Jun 2026 ยท EMD 46/100 ยท close 25.74 3 Jul 2026 ยท EMD 44/100 ยท close 25.76 10 Jul 2026 ยท EMD 53/100 ยท close 26.44 17 Jul 2026 ยท EMD 51/100 ยท close 25.79 24 Jul 2026 ยท EMD 66/100 ยท close 25.51 31 Jul 2026 ยท EMD 78/100 ยท close 25.90 7 Aug 2026 ยท EMD 77/100 ยท close 26.62 14 Aug 2026 ยท EMD 89/100 ยท close 27.23 21 Aug 2026 ยท EMD 71/100 ยท close 26.23 28 Aug 2026 ยท EMD 74/100 ยท close 26.05 17 Apr 2026 ยท Up-cycle confirmed ยท close 23.94 2 Jan 20261 May 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 93%Current EMD +47.34-week EMD change -7.7156-week price range USD 22.63โ€“27.23

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

83/1000.68

Strengthening beneath price
4-week change -0.05

02

Trend and deviation

83/100+4.3% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

66/1004w +0.6% ยท 13w +2.6%

Momentum is supportive
SMI 0.69

04

Price-volume pressure

45/10045% constructive pressure

Volume is leaning against the close
Volume ratio 0.24x

05

Modeled Trend

90/100Modeled Trend 0.92

Modeled Trend is supportive
Smoothed Modeled Trend 0.76

Evidence context