MIL ยท ETF ยท ENHANCED MARKET DYNAMICS

XRS2

Xtrackers Russell 2000 UCITS ETF 1C

IT

EMD SCORE70/100

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
EUR 383.16
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 EUR +100+500-50-100 401.50308.42215.33 8 Sep 2023 ยท EMD 54/100 ยท close 250.56 15 Sep 2023 ยท EMD 54/100 ยท close 249.97 22 Sep 2023 ยท EMD 49/100 ยท close 242.18 29 Sep 2023 ยท EMD 58/100 ยท close 245.54 6 Oct 2023 ยท EMD 38/100 ยท close 237.08 13 Oct 2023 ยท EMD 35/100 ยท close 237.41 20 Oct 2023 ยท EMD 33/100 ยท close 230.27 27 Oct 2023 ยท EMD 32/100 ยท close 225.30 3 Nov 2023 ยท EMD 48/100 ยท close 237.32 10 Nov 2023 ยท EMD 32/100 ยท close 229.25 17 Nov 2023 ยท EMD 46/100 ยท close 238.51 24 Nov 2023 ยท EMD 49/100 ยท close 239.38 1 Dec 2023 ยท EMD 55/100 ยท close 246.02 8 Dec 2023 ยท EMD 55/100 ยท close 252.65 15 Dec 2023 ยท EMD 68/100 ยท close 265.04 22 Dec 2023 ยท EMD 70/100 ยท close 268.50 29 Dec 2023 ยท EMD 62/100 ยท close 266.63 5 Jan 2024 ยท EMD 61/100 ยท close 259.45 12 Jan 2024 ยท EMD 62/100 ยท close 258.56 19 Jan 2024 ยท EMD 63/100 ยท close 255.73 26 Jan 2024 ยท EMD 73/100 ยท close 264.92 2 Feb 2024 ยท EMD 65/100 ยท close 263.15 9 Feb 2024 ยท EMD 75/100 ยท close 267.87 16 Feb 2024 ยท EMD 77/100 ยท close 275.87 23 Feb 2024 ยท EMD 68/100 ยท close 269.86 1 Mar 2024 ยท EMD 74/100 ยท close 277.98 8 Mar 2024 ยท EMD 70/100 ยท close 277.58 15 Mar 2024 ยท EMD 63/100 ยท close 271.52 22 Mar 2024 ยท EMD 69/100 ยท close 279.15 29 Mar 2024 ยท EMD 71/100 ยท close 287.12 5 Apr 2024 ยท EMD 63/100 ยท close 276.84 12 Apr 2024 ยท EMD 68/100 ยท close 276.15 19 Apr 2024 ยท EMD 58/100 ยท close 265.57 26 Apr 2024 ยท EMD 62/100 ยท close 271.73 3 May 2024 ยท EMD 61/100 ยท close 274.39 10 May 2024 ยท EMD 58/100 ยท close 278.20 17 May 2024 ยท EMD 61/100 ยท close 280.58 24 May 2024 ยท EMD 58/100 ยท close 277.54 31 May 2024 ยท EMD 57/100 ยท close 275.75 7 Jun 2024 ยท EMD 53/100 ยท close 273.65 14 Jun 2024 ยท EMD 56/100 ยท close 273.14 21 Jun 2024 ยท EMD 57/100 ยท close 275.08 28 Jun 2024 ยท EMD 59/100 ยท close 278.33 5 Jul 2024 ยท EMD 51/100 ยท close 272.61 12 Jul 2024 ยท EMD 72/100 ยท close 288.04 19 Jul 2024 ยท EMD 64/100 ยท close 291.70 26 Jul 2024 ยท EMD 82/100 ยท close 301.18 2 Aug 2024 ยท EMD 63/100 ยท close 279.57 9 Aug 2024 ยท EMD 74/100 ยท close 277.23 16 Aug 2024 ยท EMD 70/100 ยท close 283.22 23 Aug 2024 ยท EMD 73/100 ยท close 289.74 30 Aug 2024 ยท EMD 69/100 ยท close 290.44 6 Sep 2024 ยท EMD 56/100 ยท close 275.07 13 Sep 2024 ยท EMD 70/100 ยท close 286.43 20 Sep 2024 ยท EMD 70/100 ยท close 292.86 27 Sep 2024 ยท EMD 70/100 ยท close 293.35 4 Oct 2024 ยท EMD 73/100 ยท close 293.19 11 Oct 2024 ยท EMD 73/100 ยท close 296.68 18 Oct 2024 ยท EMD 76/100 ยท close 306.70 25 Oct 2024 ยท EMD 68/100 ยท close 300.41 1 Nov 2024 ยท EMD 72/100 ยท close 298.76 8 Nov 2024 ยท EMD 91/100 ยท close 326.34 15 Nov 2024 ยท EMD 75/100 ยท close 320.98 22 Nov 2024 ยท EMD 93/100 ยท close 337.18 29 Nov 2024 ยท EMD 80/100 ยท close 337.96 6 Dec 2024 ยท EMD 77/100 ยท close 332.94 13 Dec 2024 ยท EMD 76/100 ยท close 327.15 20 Dec 2024 ยท EMD 74/100 ยท close 317.22 27 Dec 2024 ยท EMD 75/100 ยท close 314.80 3 Jan 2025 ยท EMD 76/100 ยท close 319.82 10 Jan 2025 ยท EMD 65/100 ยท close 311.77 17 Jan 2025 ยท EMD 72/100 ยท close 323.76 24 Jan 2025 ยท EMD 69/100 ยท close 323.24 31 Jan 2025 ยท EMD 71/100 ยท close 325.74 7 Feb 2025 ยท EMD 67/100 ยท close 323.46 14 Feb 2025 ยท EMD 57/100 ยท close 318.18 21 Feb 2025 ยท EMD 52/100 ยท close 313.27 28 Feb 2025 ยท EMD 48/100 ยท close 302.07 7 Mar 2025 ยท EMD 28/100 ยท close 275.79 14 Mar 2025 ยท EMD 35/100 ยท close 273.66 21 Mar 2025 ยท EMD 36/100 ยท close 278.81 28 Mar 2025 ยท EMD 31/100 ยท close 273.31 4 Apr 2025 ยท EMD 27/100 ยท close 244.35 11 Apr 2025 ยท EMD 26/100 ยท close 233.90 18 Apr 2025 ยท EMD 26/100 ยท close 240.82 25 Apr 2025 ยท EMD 33/100 ยท close 250.63 2 May 2025 ยท EMD 36/100 ยท close 260.17 9 May 2025 ยท EMD 37/100 ยท close 263.74 16 May 2025 ยท EMD 36/100 ยท close 276.22 23 May 2025 ยท EMD 32/100 ยท close 263.47 30 May 2025 ยท EMD 32/100 ยท close 267.90 6 Jun 2025 ยท EMD 41/100 ยท close 273.94 13 Jun 2025 ยท EMD 33/100 ยท close 269.00 20 Jun 2025 ยท EMD 37/100 ยท close 269.28 27 Jun 2025 ยท EMD 43/100 ยท close 273.54 4 Jul 2025 ยท EMD 46/100 ยท close 277.74 11 Jul 2025 ยท EMD 48/100 ยท close 281.84 18 Jul 2025 ยท EMD 50/100 ยท close 283.60 25 Jul 2025 ยท EMD 49/100 ยท close 281.85 1 Aug 2025 ยท EMD 45/100 ยท close 274.74 8 Aug 2025 ยท EMD 48/100 ยท close 279.96 15 Aug 2025 ยท EMD 51/100 ยท close 289.00 22 Aug 2025 ยท EMD 57/100 ยท close 297.32 29 Aug 2025 ยท EMD 56/100 ยท close 297.38 5 Sep 2025 ยท EMD 66/100 ยท close 298.50 12 Sep 2025 ยท EMD 67/100 ยท close 302.00 19 Sep 2025 ยท EMD 72/100 ยท close 307.40 26 Sep 2025 ยท EMD 67/100 ยท close 305.30 3 Oct 2025 ยท EMD 71/100 ยท close 312.39 10 Oct 2025 ยท EMD 64/100 ยท close 308.43 17 Oct 2025 ยท EMD 63/100 ยท close 307.96 24 Oct 2025 ยท EMD 71/100 ยท close 313.87 31 Oct 2025 ยท EMD 67/100 ยท close 315.23 7 Nov 2025 ยท EMD 62/100 ยท close 303.69 14 Nov 2025 ยท EMD 63/100 ยท close 303.96 21 Nov 2025 ยท EMD 62/100 ยท close 300.98 28 Nov 2025 ยท EMD 70/100 ยท close 317.61 5 Dec 2025 ยท EMD 72/100 ยท close 320.44 12 Dec 2025 ยท EMD 70/100 ยท close 322.08 19 Dec 2025 ยท EMD 67/100 ยท close 319.08 26 Dec 2025 ยท EMD 65/100 ยท close 318.47 2 Jan 2026 ยท EMD 61/100 ยท close 314.24 9 Jan 2026 ยท EMD 77/100 ยท close 333.91 16 Jan 2026 ยท EMD 79/100 ยท close 342.06 23 Jan 2026 ยท EMD 77/100 ยท close 337.09 30 Jan 2026 ยท EMD 66/100 ยท close 324.41 6 Feb 2026 ยท EMD 78/100 ยท close 331.49 13 Feb 2026 ยท EMD 74/100 ยท close 331.30 20 Feb 2026 ยท EMD 73/100 ยท close 332.94 27 Feb 2026 ยท EMD 66/100 ยท close 329.76 6 Mar 2026 ยท EMD 73/100 ยท close 330.31 13 Mar 2026 ยท EMD 62/100 ยท close 319.58 20 Mar 2026 ยท EMD 55/100 ยท close 314.41 27 Mar 2026 ยท EMD 58/100 ยท close 316.26 3 Apr 2026 ยท EMD 59/100 ยท close 323.69 10 Apr 2026 ยท EMD 61/100 ยท close 332.65 17 Apr 2026 ยท EMD 68/100 ยท close 347.98 24 Apr 2026 ยท EMD 74/100 ยท close 351.82 1 May 2026 ยท EMD 73/100 ยท close 350.73 8 May 2026 ยท EMD 75/100 ยท close 358.67 15 May 2026 ยท EMD 70/100 ยท close 356.12 22 May 2026 ยท EMD 80/100 ยท close 365.22 29 May 2026 ยท EMD 74/100 ยท close 369.72 5 Jun 2026 ยท EMD 78/100 ยท close 368.88 12 Jun 2026 ยท EMD 79/100 ยท close 378.90 19 Jun 2026 ยท EMD 79/100 ยท close 384.59 26 Jun 2026 ยท EMD 82/100 ยท close 391.24 3 Jul 2026 ยท EMD 79/100 ยท close 388.67 10 Jul 2026 ยท EMD 77/100 ยท close 385.74 17 Jul 2026 ยท EMD 77/100 ยท close 383.27 24 Jul 2026 ยท EMD 77/100 ยท close 384.58 31 Jul 2026 ยท EMD 62/100 ยท close 375.33 7 Aug 2026 ยท EMD 77/100 ยท close 388.51 14 Aug 2026 ยท EMD 74/100 ยท close 391.53 21 Aug 2026 ยท EMD 62/100 ยท close 381.92 28 Aug 2026 ยท EMD 70/100 ยท close 383.16 1 Dec 2023 ยท Up-cycle confirmed ยท close 246.02 25 Apr 2025 ยท Up-cycle confirmed ยท close 250.63 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 92%Current EMD +39.84-week EMD change +16.1156-week price range EUR 225.30โ€“391.53

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

60/100-0.09

Strengthening beneath price
4-week change -0.84

02

Trend and deviation

90/100+6.9% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

70/1004w +2.1% ยท 13w +3.6%

Momentum is supportive
SMI 0.85

04

Price-volume pressure

58/10058% constructive pressure

Volume is confirming the close
Volume ratio 2.05x

05

Relative leadership

51/1000.20

Leadership is supportive
4-week change +0.70

06

Modeled Trend

90/100Modeled Trend 0.88

Modeled Trend is supportive
Smoothed Modeled Trend 0.78

Evidence context