OSL ยท EQUITY ยท ENHANCED MARKET DYNAMICS

GYL

Gyldendal ASA

NO ยท Communication Services ยท Publishing

EMD SCORE62/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build60% directional agreement87% evidence confidence
Completed week
11 Sep 2026
Latest close
NOK 454.00
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 supportive ยท 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
22 Sep 2023โ€“11 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท NOK +100+500-50-100 557.36446.29335.21 22 Sep 2023 ยท EMD 43/100 ยท close 505.79 29 Sep 2023 ยท EMD 46/100 ยท close 505.79 6 Oct 2023 ยท EMD 43/100 ยท close 500.83 13 Oct 2023 ยท EMD 47/100 ยท close 510.75 20 Oct 2023 ยท EMD 43/100 ยท close 500.83 27 Oct 2023 ยท EMD 49/100 ยท close 510.75 3 Nov 2023 ยท EMD 59/100 ยท close 545.46 10 Nov 2023 ยท EMD 59/100 ยท close 545.46 17 Nov 2023 ยท EMD 47/100 ยท close 515.71 24 Nov 2023 ยท EMD 59/100 ยท close 540.50 1 Dec 2023 ยท EMD 68/100 ยท close 535.54 8 Dec 2023 ยท EMD 70/100 ยท close 535.54 15 Dec 2023 ยท EMD 74/100 ยท close 535.54 22 Dec 2023 ยท EMD 58/100 ยท close 525.62 29 Dec 2023 ยท EMD 53/100 ยท close 500.83 5 Jan 2024 ยท EMD 52/100 ยท close 505.79 12 Jan 2024 ยท EMD 44/100 ยท close 510.75 19 Jan 2024 ยท EMD 47/100 ยท close 510.75 26 Jan 2024 ยท EMD 45/100 ยท close 510.75 2 Feb 2024 ยท EMD 56/100 ยท close 520.67 9 Feb 2024 ยท EMD 43/100 ยท close 493.89 16 Feb 2024 ยท EMD 63/100 ยท close 540.50 23 Feb 2024 ยท EMD 35/100 ยท close 493.89 1 Mar 2024 ยท EMD 28/100 ยท close 460.17 8 Mar 2024 ยท EMD 52/100 ยท close 520.67 15 Mar 2024 ยท EMD 46/100 ยท close 520.67 22 Mar 2024 ยท EMD 47/100 ยท close 520.67 29 Mar 2024 ยท EMD 50/100 ยท close 520.67 5 Apr 2024 ยท EMD 35/100 ยท close 470.09 12 Apr 2024 ยท EMD 33/100 ยท close 470.09 19 Apr 2024 ยท EMD 26/100 ยท close 478.02 26 Apr 2024 ยท EMD 33/100 ยท close 478.02 3 May 2024 ยท EMD 37/100 ยท close 485.96 10 May 2024 ยท EMD 33/100 ยท close 476.04 17 May 2024 ยท EMD 25/100 ยท close 476.04 24 May 2024 ยท EMD 39/100 ยท close 495.87 31 May 2024 ยท EMD 24/100 ยท close 456.20 7 Jun 2024 ยท EMD 45/100 ยท close 483.97 14 Jun 2024 ยท EMD 27/100 ยท close 456.20 21 Jun 2024 ยท EMD 31/100 ยท close 456.20 28 Jun 2024 ยท EMD 32/100 ยท close 456.20 5 Jul 2024 ยท EMD 37/100 ยท close 483.97 12 Jul 2024 ยท EMD 41/100 ยท close 483.97 19 Jul 2024 ยท EMD 51/100 ยท close 493.89 26 Jul 2024 ยท EMD 36/100 ยท close 450.25 2 Aug 2024 ยท EMD 36/100 ยท close 450.25 9 Aug 2024 ยท EMD 35/100 ยท close 450.25 16 Aug 2024 ยท EMD 26/100 ยท close 446.29 23 Aug 2024 ยท EMD 26/100 ยท close 422.48 30 Aug 2024 ยท EMD 43/100 ยท close 446.29 6 Sep 2024 ยท EMD 28/100 ยท close 426.45 13 Sep 2024 ยท EMD 32/100 ยท close 426.45 20 Sep 2024 ยท EMD 43/100 ยท close 446.29 27 Sep 2024 ยท EMD 24/100 ยท close 418.52 4 Oct 2024 ยท EMD 31/100 ยท close 416.53 11 Oct 2024 ยท EMD 40/100 ยท close 416.53 18 Oct 2024 ยท EMD 30/100 ยท close 416.53 25 Oct 2024 ยท EMD 41/100 ยท close 416.53 1 Nov 2024 ยท EMD 33/100 ยท close 416.53 8 Nov 2024 ยท EMD 29/100 ยท close 404.63 15 Nov 2024 ยท EMD 42/100 ยท close 416.53 22 Nov 2024 ยท EMD 31/100 ยท close 398.68 29 Nov 2024 ยท EMD 29/100 ยท close 396.70 6 Dec 2024 ยท EMD 31/100 ยท close 386.78 13 Dec 2024 ยท EMD 30/100 ยท close 386.78 20 Dec 2024 ยท EMD 31/100 ยท close 390.75 27 Dec 2024 ยท EMD 32/100 ยท close 390.75 3 Jan 2025 ยท EMD 29/100 ยท close 388.76 10 Jan 2025 ยท EMD 41/100 ยท close 390.75 17 Jan 2025 ยท EMD 33/100 ยท close 388.76 24 Jan 2025 ยท EMD 28/100 ยท close 390.75 31 Jan 2025 ยท EMD 37/100 ยท close 396.70 7 Feb 2025 ยท EMD 30/100 ยท close 388.76 14 Feb 2025 ยท EMD 49/100 ยท close 396.70 21 Feb 2025 ยท EMD 51/100 ยท close 416.53 28 Feb 2025 ยท EMD 33/100 ยท close 376.86 7 Mar 2025 ยท EMD 41/100 ยท close 376.86 14 Mar 2025 ยท EMD 34/100 ยท close 376.86 21 Mar 2025 ยท EMD 36/100 ยท close 376.86 28 Mar 2025 ยท EMD 38/100 ยท close 376.86 4 Apr 2025 ยท EMD 26/100 ยท close 347.11 11 Apr 2025 ยท EMD 60/100 ยท close 424.47 18 Apr 2025 ยท EMD 58/100 ยท close 424.47 25 Apr 2025 ยท EMD 62/100 ยท close 424.47 2 May 2025 ยท EMD 60/100 ยท close 424.47 9 May 2025 ยท EMD 59/100 ยท close 424.47 16 May 2025 ยท EMD 63/100 ยท close 424.47 23 May 2025 ยท EMD 49/100 ยท close 396.70 30 May 2025 ยท EMD 68/100 ยท close 420.50 6 Jun 2025 ยท EMD 63/100 ยท close 420.50 13 Jun 2025 ยท EMD 63/100 ยท close 420.50 20 Jun 2025 ยท EMD 68/100 ยท close 424.00 27 Jun 2025 ยท EMD 66/100 ยท close 424.00 4 Jul 2025 ยท EMD 61/100 ยท close 408.00 11 Jul 2025 ยท EMD 74/100 ยท close 428.00 18 Jul 2025 ยท EMD 66/100 ยท close 428.00 25 Jul 2025 ยท EMD 55/100 ยท close 400.00 1 Aug 2025 ยท EMD 54/100 ยท close 400.00 8 Aug 2025 ยท EMD 74/100 ยท close 454.00 15 Aug 2025 ยท EMD 72/100 ยท close 454.00 22 Aug 2025 ยท EMD 71/100 ยท close 440.00 29 Aug 2025 ยท EMD 69/100 ยท close 440.00 5 Sep 2025 ยท EMD 69/100 ยท close 440.00 12 Sep 2025 ยท EMD 66/100 ยท close 440.00 19 Sep 2025 ยท EMD 69/100 ยท close 440.00 26 Sep 2025 ยท EMD 62/100 ยท close 428.00 3 Oct 2025 ยท EMD 61/100 ยท close 428.00 10 Oct 2025 ยท EMD 63/100 ยท close 430.00 17 Oct 2025 ยท EMD 61/100 ยท close 430.00 24 Oct 2025 ยท EMD 59/100 ยท close 430.00 31 Oct 2025 ยท EMD 42/100 ยท close 412.00 7 Nov 2025 ยท EMD 46/100 ยท close 412.00 14 Nov 2025 ยท EMD 45/100 ยท close 412.00 21 Nov 2025 ยท EMD 51/100 ยท close 426.00 28 Nov 2025 ยท EMD 67/100 ยท close 458.00 5 Dec 2025 ยท EMD 51/100 ยท close 428.00 12 Dec 2025 ยท EMD 59/100 ยท close 428.00 19 Dec 2025 ยท EMD 81/100 ยท close 470.00 26 Dec 2025 ยท EMD 75/100 ยท close 470.00 2 Jan 2026 ยท EMD 74/100 ยท close 474.00 9 Jan 2026 ยท EMD 80/100 ยท close 468.00 16 Jan 2026 ยท EMD 58/100 ยท close 440.00 23 Jan 2026 ยท EMD 82/100 ยท close 488.00 30 Jan 2026 ยท EMD 74/100 ยท close 478.00 6 Feb 2026 ยท EMD 55/100 ยท close 446.00 13 Feb 2026 ยท EMD 67/100 ยท close 450.00 20 Feb 2026 ยท EMD 62/100 ยท close 470.00 27 Feb 2026 ยท EMD 69/100 ยท close 480.00 6 Mar 2026 ยท EMD 60/100 ยท close 454.00 13 Mar 2026 ยท EMD 48/100 ยท close 440.00 20 Mar 2026 ยท EMD 50/100 ยท close 440.00 27 Mar 2026 ยท EMD 40/100 ยท close 430.00 3 Apr 2026 ยท EMD 39/100 ยท close 430.00 10 Apr 2026 ยท EMD 40/100 ยท close 430.00 17 Apr 2026 ยท EMD 31/100 ยท close 424.49 24 Apr 2026 ยท EMD 29/100 ยท close 418.59 1 May 2026 ยท EMD 45/100 ยท close 420.56 8 May 2026 ยท EMD 37/100 ยท close 420.56 15 May 2026 ยท EMD 28/100 ยท close 393.04 22 May 2026 ยท EMD 29/100 ยท close 402.87 29 May 2026 ยท EMD 31/100 ยท close 402.87 5 Jun 2026 ยท EMD 35/100 ยท close 422.52 12 Jun 2026 ยท EMD 45/100 ยท close 452.00 19 Jun 2026 ยท EMD 49/100 ยท close 460.00 26 Jun 2026 ยท EMD 42/100 ยท close 420.00 3 Jul 2026 ยท EMD 37/100 ยท close 402.00 10 Jul 2026 ยท EMD 34/100 ยท close 400.00 17 Jul 2026 ยท EMD 33/100 ยท close 404.00 24 Jul 2026 ยท EMD 49/100 ยท close 460.00 31 Jul 2026 ยท EMD 52/100 ยท close 460.00 7 Aug 2026 ยท EMD 56/100 ยท close 460.00 14 Aug 2026 ยท EMD 49/100 ยท close 440.00 21 Aug 2026 ยท EMD 47/100 ยท close 432.00 28 Aug 2026 ยท EMD 48/100 ยท close 440.00 4 Sep 2026 ยท EMD 50/100 ยท close 440.00 11 Sep 2026 ยท EMD 62/100 ยท close 454.00 17 Nov 2023 ยท Down-cycle confirmed ยท close 515.71 29 Dec 2023 ยท Down-cycle confirmed ยท close 500.83 23 Feb 2024 ยท Down-cycle confirmed ยท close 493.89 11 Apr 2025 ยท Up-cycle confirmed ยท close 424.47 22 Sep 202321 Mar 202511 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 59%Current EMD +24.64-week EMD change +25.7156-week price range NOK 347.11โ€“545.46

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

74/1000.75

Strengthening beneath price
4-week change +0.02

02

Trend and deviation

50/100+4.7% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

64/1004w +3.2% ยท 13w +0.4%

Momentum is supportive
SMI 0.32

04

Price-volume pressure

100/100100% constructive pressure

Volume is confirming the close
Volume ratio 2.92x

05

Relative leadership

17/100-9.45

The ticker is lagging its benchmark
4-week change +3.36

06

Modeled Trend

78/100Modeled Trend 0.47

Modeled Trend is supportive
Smoothed Modeled Trend 0.50

Evidence context