HKG ยท EQUITY ยท ENHANCED MARKET DYNAMICS

0375

YGM Trading Limited

HK ยท Consumer Cyclical ยท Apparel Retail

EMD SCORE38/100

CURRENT COMPLETED-WEEK READ

Cautious

The balance of evidence is weakening and risk control deserves more attention. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration60% directional agreement87% evidence confidence
Completed week
28 Aug 2026
Latest close
HKD 0.975
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 3 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 HKD +100+500-50-100 1.321.010.6998 8 Sep 2023 ยท EMD 59/100 ยท close 0.8961 15 Sep 2023 ยท EMD 64/100 ยท close 0.9039 22 Sep 2023 ยท EMD 63/100 ยท close 0.9039 29 Sep 2023 ยท EMD 67/100 ยท close 0.9188 6 Oct 2023 ยท EMD 61/100 ยท close 0.9103 13 Oct 2023 ยท EMD 64/100 ยท close 0.9103 20 Oct 2023 ยท EMD 61/100 ยท close 0.8933 27 Oct 2023 ยท EMD 69/100 ยท close 0.9783 3 Nov 2023 ยท EMD 77/100 ยท close 1.02 10 Nov 2023 ยท EMD 78/100 ยท close 1.02 17 Nov 2023 ยท EMD 80/100 ยท close 1.02 24 Nov 2023 ยท EMD 79/100 ยท close 1.02 1 Dec 2023 ยท EMD 83/100 ยท close 1.11 8 Dec 2023 ยท EMD 84/100 ยท close 1.10 15 Dec 2023 ยท EMD 84/100 ยท close 1.10 22 Dec 2023 ยท EMD 55/100 ยท close 0.8422 29 Dec 2023 ยท EMD 61/100 ยท close 0.8933 5 Jan 2024 ยท EMD 50/100 ยท close 0.8507 12 Jan 2024 ยท EMD 50/100 ยท close 0.8592 19 Jan 2024 ยท EMD 53/100 ยท close 0.8762 26 Jan 2024 ยท EMD 48/100 ยท close 0.8762 2 Feb 2024 ยท EMD 47/100 ยท close 0.8507 9 Feb 2024 ยท EMD 55/100 ยท close 0.9358 16 Feb 2024 ยท EMD 53/100 ยท close 0.9358 23 Feb 2024 ยท EMD 52/100 ยท close 0.9358 1 Mar 2024 ยท EMD 67/100 ยท close 1.06 8 Mar 2024 ยท EMD 73/100 ยท close 1.06 15 Mar 2024 ยท EMD 74/100 ยท close 1.06 22 Mar 2024 ยท EMD 63/100 ยท close 0.9358 29 Mar 2024 ยท EMD 63/100 ยท close 0.9358 5 Apr 2024 ยท EMD 50/100 ยท close 0.8933 12 Apr 2024 ยท EMD 36/100 ยท close 0.8507 19 Apr 2024 ยท EMD 40/100 ยท close 0.8082 26 Apr 2024 ยท EMD 35/100 ยท close 0.8082 3 May 2024 ยท EMD 34/100 ยท close 0.8082 10 May 2024 ยท EMD 33/100 ยท close 0.8082 17 May 2024 ยท EMD 42/100 ยท close 0.7997 24 May 2024 ยท EMD 40/100 ยท close 0.7827 31 May 2024 ยท EMD 32/100 ยท close 0.7912 7 Jun 2024 ยท EMD 36/100 ยท close 0.7827 14 Jun 2024 ยท EMD 27/100 ยท close 0.8337 21 Jun 2024 ยท EMD 60/100 ยท close 0.9868 28 Jun 2024 ยท EMD 40/100 ยท close 0.8592 5 Jul 2024 ยท EMD 44/100 ยท close 0.8507 12 Jul 2024 ยท EMD 53/100 ยท close 0.9018 19 Jul 2024 ยท EMD 51/100 ยท close 0.9018 26 Jul 2024 ยท EMD 48/100 ยท close 0.8677 2 Aug 2024 ยท EMD 37/100 ยท close 0.7742 9 Aug 2024 ยท EMD 40/100 ยท close 0.8082 16 Aug 2024 ยท EMD 59/100 ยท close 0.9358 23 Aug 2024 ยท EMD 41/100 ยท close 0.8677 30 Aug 2024 ยท EMD 48/100 ยท close 0.8592 6 Sep 2024 ยท EMD 48/100 ยท close 0.8507 13 Sep 2024 ยท EMD 44/100 ยท close 0.8507 20 Sep 2024 ยท EMD 58/100 ยท close 0.9528 27 Sep 2024 ยท EMD 42/100 ยท close 0.8507 4 Oct 2024 ยท EMD 65/100 ยท close 1.02 11 Oct 2024 ยท EMD 66/100 ยท close 1.02 18 Oct 2024 ยท EMD 57/100 ยท close 0.9095 25 Oct 2024 ยท EMD 62/100 ยท close 0.9095 1 Nov 2024 ยท EMD 65/100 ยท close 0.9745 8 Nov 2024 ยท EMD 64/100 ยท close 0.9745 15 Nov 2024 ยท EMD 69/100 ยท close 0.9745 22 Nov 2024 ยท EMD 74/100 ยท close 0.9745 29 Nov 2024 ยท EMD 54/100 ยท close 0.8538 6 Dec 2024 ยท EMD 51/100 ยท close 0.8538 13 Dec 2024 ยท EMD 42/100 ยท close 0.8538 20 Dec 2024 ยท EMD 55/100 ยท close 0.9188 27 Dec 2024 ยท EMD 52/100 ยท close 0.9188 3 Jan 2025 ยท EMD 56/100 ยท close 0.9188 10 Jan 2025 ยท EMD 57/100 ยท close 0.9188 17 Jan 2025 ยท EMD 37/100 ยท close 0.8167 24 Jan 2025 ยท EMD 34/100 ยท close 0.7332 31 Jan 2025 ยท EMD 38/100 ยท close 0.7424 7 Feb 2025 ยท EMD 43/100 ยท close 0.8353 14 Feb 2025 ยท EMD 40/100 ยท close 0.8353 21 Feb 2025 ยท EMD 36/100 ยท close 0.8353 28 Feb 2025 ยท EMD 43/100 ยท close 0.826 7 Mar 2025 ยท EMD 30/100 ยท close 0.7703 14 Mar 2025 ยท EMD 31/100 ยท close 0.7703 21 Mar 2025 ยท EMD 27/100 ยท close 0.7424 28 Mar 2025 ยท EMD 30/100 ยท close 0.7796 4 Apr 2025 ยท EMD 32/100 ยท close 0.7703 11 Apr 2025 ยท EMD 34/100 ยท close 0.7888 18 Apr 2025 ยท EMD 29/100 ยท close 0.7332 25 Apr 2025 ยท EMD 37/100 ยท close 0.7888 2 May 2025 ยท EMD 41/100 ยท close 0.7796 9 May 2025 ยท EMD 35/100 ยท close 0.761 16 May 2025 ยท EMD 36/100 ยท close 0.761 23 May 2025 ยท EMD 47/100 ยท close 0.8353 30 May 2025 ยท EMD 46/100 ยท close 0.8353 6 Jun 2025 ยท EMD 48/100 ยท close 0.826 13 Jun 2025 ยท EMD 66/100 ยท close 0.9095 20 Jun 2025 ยท EMD 60/100 ยท close 0.8817 27 Jun 2025 ยท EMD 65/100 ยท close 0.8909 4 Jul 2025 ยท EMD 48/100 ยท close 0.8353 11 Jul 2025 ยท EMD 61/100 ยท close 0.8538 18 Jul 2025 ยท EMD 73/100 ยท close 0.9002 25 Jul 2025 ยท EMD 68/100 ยท close 0.8909 1 Aug 2025 ยท EMD 58/100 ยท close 0.8538 8 Aug 2025 ยท EMD 66/100 ยท close 0.8909 15 Aug 2025 ยท EMD 66/100 ยท close 0.9002 22 Aug 2025 ยท EMD 84/100 ยท close 1.00 29 Aug 2025 ยท EMD 76/100 ยท close 0.9466 5 Sep 2025 ยท EMD 74/100 ยท close 0.9745 12 Sep 2025 ยท EMD 90/100 ยท close 1.10 19 Sep 2025 ยท EMD 85/100 ยท close 1.11 26 Sep 2025 ยท EMD 95/100 ยท close 1.29 3 Oct 2025 ยท EMD 90/100 ยท close 1.29 10 Oct 2025 ยท EMD 93/100 ยท close 1.27 17 Oct 2025 ยท EMD 78/100 ยท close 1.05 24 Oct 2025 ยท EMD 78/100 ยท close 1.05 31 Oct 2025 ยท EMD 68/100 ยท close 1.00 7 Nov 2025 ยท EMD 71/100 ยท close 1.04 14 Nov 2025 ยท EMD 60/100 ยท close 0.99 21 Nov 2025 ยท EMD 65/100 ยท close 1.01 28 Nov 2025 ยท EMD 61/100 ยท close 1.00 5 Dec 2025 ยท EMD 35/100 ยท close 0.88 12 Dec 2025 ยท EMD 40/100 ยท close 0.93 19 Dec 2025 ยท EMD 45/100 ยท close 0.93 26 Dec 2025 ยท EMD 48/100 ยท close 0.93 2 Jan 2026 ยท EMD 38/100 ยท close 0.88 9 Jan 2026 ยท EMD 42/100 ยท close 0.90 16 Jan 2026 ยท EMD 47/100 ยท close 0.93 23 Jan 2026 ยท EMD 46/100 ยท close 0.92 30 Jan 2026 ยท EMD 43/100 ยท close 0.92 6 Feb 2026 ยท EMD 49/100 ยท close 0.97 13 Feb 2026 ยท EMD 60/100 ยท close 1.05 20 Feb 2026 ยท EMD 67/100 ยท close 1.10 27 Feb 2026 ยท EMD 75/100 ยท close 1.18 6 Mar 2026 ยท EMD 74/100 ยท close 1.15 13 Mar 2026 ยท EMD 82/100 ยท close 1.18 20 Mar 2026 ยท EMD 60/100 ยท close 1.05 27 Mar 2026 ยท EMD 45/100 ยท close 0.94 3 Apr 2026 ยท EMD 50/100 ยท close 0.95 10 Apr 2026 ยท EMD 50/100 ยท close 0.99 17 Apr 2026 ยท EMD 61/100 ยท close 1.02 24 Apr 2026 ยท EMD 60/100 ยท close 1.07 1 May 2026 ยท EMD 68/100 ยท close 1.05 8 May 2026 ยท EMD 83/100 ยท close 1.10 15 May 2026 ยท EMD 67/100 ยท close 1.10 22 May 2026 ยท EMD 78/100 ยท close 1.13 29 May 2026 ยท EMD 79/100 ยท close 1.12 5 Jun 2026 ยท EMD 74/100 ยท close 1.17 12 Jun 2026 ยท EMD 78/100 ยท close 1.15 19 Jun 2026 ยท EMD 81/100 ยท close 1.18 26 Jun 2026 ยท EMD 82/100 ยท close 1.15 3 Jul 2026 ยท EMD 81/100 ยท close 1.15 10 Jul 2026 ยท EMD 81/100 ยท close 1.15 17 Jul 2026 ยท EMD 82/100 ยท close 1.19 24 Jul 2026 ยท EMD 82/100 ยท close 1.19 31 Jul 2026 ยท EMD 49/100 ยท close 1.00 7 Aug 2026 ยท EMD 46/100 ยท close 0.99 14 Aug 2026 ยท EMD 46/100 ยท close 1.00 21 Aug 2026 ยท EMD 43/100 ยท close 0.99 28 Aug 2026 ยท EMD 38/100 ยท close 0.975 16 Aug 2024 ยท Up-cycle confirmed ยท close 0.9358 7 Feb 2025 ยท Up-cycle confirmed ยท close 0.8353 23 May 2025 ยท Up-cycle confirmed ยท close 0.8353 17 Oct 2025 ยท Down-cycle confirmed ยท close 1.05 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 58%Current EMD -23.44-week EMD change -21.1156-week price range HKD 0.7332โ€“1.29

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

18/100-0.95

Cautious pressure beneath price
4-week change -1.59

02

Trend and deviation

5/100-9.8% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

48/1004w -2.5% ยท 13w -12.9%

Momentum is applying downside pressure
SMI 0.52

04

Price-volume pressure

43/10043% constructive pressure

Volume is leaning against the close
Volume ratio 4.48x

05

Relative leadership

23/100-7.24

The ticker is lagging its benchmark
4-week change -1.53

06

Modeled Trend

84/100Modeled Trend 0.66

Modeled Trend is supportive
Smoothed Modeled Trend 0.57

Evidence context