STO ยท EQUITY ยท ENHANCED MARKET DYNAMICS

SEB-C

Skandinaviska Enskilda Banken AB (publ)

SE ยท Financial Services ยท Banks - Regional

EMD SCORE75/100

CURRENT COMPLETED-WEEK READ

Strongly constructive

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

Constructive fade67% directional agreement89% evidence confidence
Completed week
18 Sep 2026
Latest close
SEK 228.50
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 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.
29 Sep 2023โ€“18 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท SEK +100+500-50-100 239.67168.1196.55 29 Sep 2023 ยท EMD 59/100 ยท close 106.01 6 Oct 2023 ยท EMD 67/100 ยท close 107.15 13 Oct 2023 ยท EMD 71/100 ยท close 111.39 20 Oct 2023 ยท EMD 64/100 ยท close 110.25 27 Oct 2023 ยท EMD 61/100 ยท close 104.22 3 Nov 2023 ยท EMD 66/100 ยท close 105.36 10 Nov 2023 ยท EMD 56/100 ยท close 104.87 17 Nov 2023 ยท EMD 58/100 ยท close 106.66 24 Nov 2023 ยท EMD 63/100 ยท close 108.78 1 Dec 2023 ยท EMD 55/100 ยท close 106.17 8 Dec 2023 ยท EMD 68/100 ยท close 109.92 15 Dec 2023 ยท EMD 65/100 ยท close 111.88 22 Dec 2023 ยท EMD 63/100 ยท close 111.72 29 Dec 2023 ยท EMD 72/100 ยท close 113.19 5 Jan 2024 ยท EMD 80/100 ยท close 116.77 12 Jan 2024 ยท EMD 82/100 ยท close 119.38 19 Jan 2024 ยท EMD 70/100 ยท close 114.16 26 Jan 2024 ยท EMD 92/100 ยท close 127.38 2 Feb 2024 ยท EMD 83/100 ยท close 125.09 9 Feb 2024 ยท EMD 84/100 ยท close 124.93 16 Feb 2024 ยท EMD 92/100 ยท close 132.92 23 Feb 2024 ยท EMD 85/100 ยท close 131.62 1 Mar 2024 ยท EMD 90/100 ยท close 136.51 8 Mar 2024 ยท EMD 88/100 ยท close 136.83 15 Mar 2024 ยท EMD 78/100 ยท close 134.55 22 Mar 2024 ยท EMD 86/100 ยท close 135.12 29 Mar 2024 ยท EMD 75/100 ยท close 132.84 5 Apr 2024 ยท EMD 79/100 ยท close 132.66 12 Apr 2024 ยท EMD 77/100 ยท close 131.79 19 Apr 2024 ยท EMD 75/100 ยท close 130.91 26 Apr 2024 ยท EMD 64/100 ยท close 128.63 3 May 2024 ยท EMD 70/100 ยท close 130.91 10 May 2024 ยท EMD 72/100 ยท close 135.29 17 May 2024 ยท EMD 73/100 ยท close 136.87 24 May 2024 ยท EMD 60/100 ยท close 130.91 31 May 2024 ยท EMD 71/100 ยท close 133.71 7 Jun 2024 ยท EMD 69/100 ยท close 135.47 14 Jun 2024 ยท EMD 70/100 ยท close 136.87 21 Jun 2024 ยท EMD 82/100 ยท close 142.30 28 Jun 2024 ยท EMD 75/100 ยท close 139.85 5 Jul 2024 ยท EMD 75/100 ยท close 140.37 12 Jul 2024 ยท EMD 79/100 ยท close 142.83 19 Jul 2024 ยท EMD 80/100 ยท close 144.23 26 Jul 2024 ยท EMD 80/100 ยท close 144.93 2 Aug 2024 ยท EMD 67/100 ยท close 136.69 9 Aug 2024 ยท EMD 72/100 ยท close 136.69 16 Aug 2024 ยท EMD 70/100 ยท close 140.20 23 Aug 2024 ยท EMD 69/100 ยท close 141.43 30 Aug 2024 ยท EMD 74/100 ยท close 144.58 6 Sep 2024 ยท EMD 66/100 ยท close 140.72 13 Sep 2024 ยท EMD 65/100 ยท close 140.72 20 Sep 2024 ยท EMD 60/100 ยท close 140.72 27 Sep 2024 ยท EMD 54/100 ยท close 138.80 4 Oct 2024 ยท EMD 46/100 ยท close 132.31 11 Oct 2024 ยท EMD 48/100 ยท close 133.19 18 Oct 2024 ยท EMD 51/100 ยท close 136.52 25 Oct 2024 ยท EMD 45/100 ยท close 134.59 1 Nov 2024 ยท EMD 53/100 ยท close 136.52 8 Nov 2024 ยท EMD 47/100 ยท close 136.34 15 Nov 2024 ยท EMD 49/100 ยท close 134.59 22 Nov 2024 ยท EMD 50/100 ยท close 133.71 29 Nov 2024 ยท EMD 49/100 ยท close 134.42 6 Dec 2024 ยท EMD 49/100 ยท close 136.52 13 Dec 2024 ยท EMD 48/100 ยท close 136.52 20 Dec 2024 ยท EMD 40/100 ยท close 130.03 27 Dec 2024 ยท EMD 46/100 ยท close 132.66 3 Jan 2025 ยท EMD 52/100 ยท close 137.22 10 Jan 2025 ยท EMD 48/100 ยท close 136.87 17 Jan 2025 ยท EMD 60/100 ยท close 142.30 24 Jan 2025 ยท EMD 67/100 ยท close 146.86 31 Jan 2025 ยท EMD 53/100 ยท close 141.43 7 Feb 2025 ยท EMD 69/100 ยท close 143.88 14 Feb 2025 ยท EMD 79/100 ยท close 149.31 21 Feb 2025 ยท EMD 76/100 ยท close 151.06 28 Feb 2025 ยท EMD 83/100 ยท close 156.50 7 Mar 2025 ยท EMD 87/100 ยท close 159.48 14 Mar 2025 ยท EMD 77/100 ยท close 155.97 21 Mar 2025 ยท EMD 82/100 ยท close 155.27 28 Mar 2025 ยท EMD 73/100 ยท close 150.36 4 Apr 2025 ยท EMD 58/100 ยท close 132.78 11 Apr 2025 ยท EMD 72/100 ยท close 138.04 18 Apr 2025 ยท EMD 67/100 ยท close 142.54 25 Apr 2025 ยท EMD 69/100 ยท close 148.18 2 May 2025 ยท EMD 70/100 ยท close 151.37 9 May 2025 ยท EMD 70/100 ยท close 151.18 16 May 2025 ยท EMD 77/100 ยท close 156.07 23 May 2025 ยท EMD 68/100 ยท close 151.18 30 May 2025 ยท EMD 73/100 ยท close 154.00 6 Jun 2025 ยท EMD 79/100 ยท close 160.01 13 Jun 2025 ยท EMD 69/100 ยท close 156.07 20 Jun 2025 ยท EMD 69/100 ยท close 155.31 27 Jun 2025 ยท EMD 78/100 ยท close 158.88 4 Jul 2025 ยท EMD 76/100 ยท close 158.51 11 Jul 2025 ยท EMD 73/100 ยท close 158.51 18 Jul 2025 ยท EMD 81/100 ยท close 160.39 25 Jul 2025 ยท EMD 79/100 ยท close 162.45 1 Aug 2025 ยท EMD 73/100 ยท close 160.39 8 Aug 2025 ยท EMD 83/100 ยท close 166.02 15 Aug 2025 ยท EMD 83/100 ยท close 169.02 22 Aug 2025 ยท EMD 85/100 ยท close 169.02 29 Aug 2025 ยท EMD 75/100 ยท close 164.52 5 Sep 2025 ยท EMD 73/100 ยท close 164.89 12 Sep 2025 ยท EMD 83/100 ยท close 168.84 19 Sep 2025 ยท EMD 80/100 ยท close 168.84 26 Sep 2025 ยท EMD 89/100 ยท close 172.78 3 Oct 2025 ยท EMD 81/100 ยท close 172.78 10 Oct 2025 ยท EMD 76/100 ยท close 171.84 17 Oct 2025 ยท EMD 73/100 ยท close 169.02 24 Oct 2025 ยท EMD 75/100 ยท close 171.28 31 Oct 2025 ยท EMD 77/100 ยท close 174.10 7 Nov 2025 ยท EMD 74/100 ยท close 173.34 14 Nov 2025 ยท EMD 69/100 ยท close 172.97 21 Nov 2025 ยท EMD 68/100 ยท close 169.40 28 Nov 2025 ยท EMD 73/100 ยท close 177.29 5 Dec 2025 ยท EMD 74/100 ยท close 179.35 12 Dec 2025 ยท EMD 73/100 ยท close 179.73 19 Dec 2025 ยท EMD 82/100 ยท close 183.86 26 Dec 2025 ยท EMD 79/100 ยท close 183.86 2 Jan 2026 ยท EMD 81/100 ยท close 189.21 9 Jan 2026 ยท EMD 79/100 ยท close 190.15 16 Jan 2026 ยท EMD 81/100 ยท close 192.97 23 Jan 2026 ยท EMD 82/100 ยท close 192.97 30 Jan 2026 ยท EMD 64/100 ยท close 184.42 6 Feb 2026 ยท EMD 77/100 ยท close 191.09 13 Feb 2026 ยท EMD 60/100 ยท close 182.73 20 Feb 2026 ยท EMD 65/100 ยท close 187.80 27 Feb 2026 ยท EMD 57/100 ยท close 184.05 6 Mar 2026 ยท EMD 51/100 ยท close 176.35 13 Mar 2026 ยท EMD 53/100 ยท close 176.54 20 Mar 2026 ยท EMD 38/100 ยท close 168.09 27 Mar 2026 ยท EMD 51/100 ยท close 175.20 3 Apr 2026 ยท EMD 53/100 ยท close 181.60 10 Apr 2026 ยท EMD 59/100 ยท close 188.00 17 Apr 2026 ยท EMD 61/100 ยท close 191.00 24 Apr 2026 ยท EMD 55/100 ยท close 185.20 1 May 2026 ยท EMD 58/100 ยท close 185.80 8 May 2026 ยท EMD 54/100 ยท close 185.00 15 May 2026 ยท EMD 55/100 ยท close 184.80 22 May 2026 ยท EMD 64/100 ยท close 192.00 29 May 2026 ยท EMD 59/100 ยท close 190.00 5 Jun 2026 ยท EMD 62/100 ยท close 188.20 12 Jun 2026 ยท EMD 71/100 ยท close 195.00 19 Jun 2026 ยท EMD 63/100 ยท close 195.80 26 Jun 2026 ยท EMD 70/100 ยท close 193.60 3 Jul 2026 ยท EMD 70/100 ยท close 198.40 10 Jul 2026 ยท EMD 75/100 ยท close 201.50 17 Jul 2026 ยท EMD 84/100 ยท close 217.00 24 Jul 2026 ยท EMD 86/100 ยท close 222.00 31 Jul 2026 ยท EMD 87/100 ยท close 227.00 7 Aug 2026 ยท EMD 86/100 ยท close 228.00 14 Aug 2026 ยท EMD 85/100 ยท close 225.00 21 Aug 2026 ยท EMD 83/100 ยท close 223.00 28 Aug 2026 ยท EMD 90/100 ยท close 227.00 4 Sep 2026 ยท EMD 87/100 ยท close 228.00 11 Sep 2026 ยท EMD 92/100 ยท close 232.00 18 Sep 2026 ยท EMD 75/100 ยท close 228.50 5 Jan 2024 ยท Up-cycle confirmed ยท close 116.77 26 Jan 2024 ยท Up-cycle confirmed ยท close 127.38 29 Sep 202328 Mar 202518 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 93%Current EMD +49.84-week EMD change -17.0156-week price range SEK 104.22โ€“232.00

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

95/1001.55

Strengthening beneath price
4-week change +0.00

02

Trend and deviation

98/100+14.4% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

79/1004w +2.5% ยท 13w +16.7%

Momentum is supportive
SMI 0.84

04

Price-volume pressure

15/10015% constructive pressure

Volume is leaning against the close
Volume ratio 5.89x

05

Relative leadership

86/10010.77

Leadership is supportive
4-week change +2.75

06

Modeled Trend

91/100Modeled Trend 0.92

Modeled Trend is supportive
Smoothed Modeled Trend 0.84

Evidence context