GER ยท EQUITY ยท ENHANCED MARKET DYNAMICS

SHF

SNP Schneider-Neureither & Partner SE

DE ยท Technology ยท Information Technology Services

EMD SCORE50/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration0% directional agreement68% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 82.40
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

3 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 EUR +100+500-50-100 88.0859.3530.62 8 Sep 2023 ยท EMD 64/100 ยท close 33.80 15 Sep 2023 ยท EMD 66/100 ยท close 33.90 22 Sep 2023 ยท EMD 63/100 ยท close 33.70 29 Sep 2023 ยท EMD 70/100 ยท close 34.10 6 Oct 2023 ยท EMD 81/100 ยท close 35.70 13 Oct 2023 ยท EMD 76/100 ยท close 36.50 20 Oct 2023 ยท EMD 84/100 ยท close 37.80 27 Oct 2023 ยท EMD 88/100 ยท close 38.50 3 Nov 2023 ยท EMD 88/100 ยท close 39.40 10 Nov 2023 ยท EMD 92/100 ยท close 43.20 17 Nov 2023 ยท EMD 87/100 ยท close 43.10 24 Nov 2023 ยท EMD 88/100 ยท close 43.00 1 Dec 2023 ยท EMD 82/100 ยท close 43.10 8 Dec 2023 ยท EMD 86/100 ยท close 43.00 15 Dec 2023 ยท EMD 87/100 ยท close 43.50 22 Dec 2023 ยท EMD 82/100 ยท close 41.90 29 Dec 2023 ยท EMD 86/100 ยท close 43.00 5 Jan 2024 ยท EMD 86/100 ยท close 44.10 12 Jan 2024 ยท EMD 80/100 ยท close 43.40 19 Jan 2024 ยท EMD 81/100 ยท close 43.10 26 Jan 2024 ยท EMD 78/100 ยท close 43.10 2 Feb 2024 ยท EMD 77/100 ยท close 43.90 9 Feb 2024 ยท EMD 75/100 ยท close 43.50 16 Feb 2024 ยท EMD 71/100 ยท close 43.00 23 Feb 2024 ยท EMD 73/100 ยท close 43.60 1 Mar 2024 ยท EMD 68/100 ยท close 43.90 8 Mar 2024 ยท EMD 69/100 ยท close 44.10 15 Mar 2024 ยท EMD 74/100 ยท close 44.60 22 Mar 2024 ยท EMD 76/100 ยท close 44.70 29 Mar 2024 ยท EMD 65/100 ยท close 44.00 5 Apr 2024 ยท EMD 74/100 ยท close 44.50 12 Apr 2024 ยท EMD 73/100 ยท close 44.70 19 Apr 2024 ยท EMD 73/100 ยท close 44.60 26 Apr 2024 ยท EMD 75/100 ยท close 45.10 3 May 2024 ยท EMD 72/100 ยท close 44.90 10 May 2024 ยท EMD 70/100 ยท close 46.10 17 May 2024 ยท EMD 75/100 ยท close 46.00 24 May 2024 ยท EMD 73/100 ยท close 46.50 31 May 2024 ยท EMD 86/100 ยท close 49.90 7 Jun 2024 ยท EMD 81/100 ยท close 49.00 14 Jun 2024 ยท EMD 80/100 ยท close 48.60 21 Jun 2024 ยท EMD 75/100 ยท close 48.30 28 Jun 2024 ยท EMD 74/100 ยท close 47.70 5 Jul 2024 ยท EMD 84/100 ยท close 49.80 12 Jul 2024 ยท EMD 81/100 ยท close 50.20 19 Jul 2024 ยท EMD 86/100 ยท close 52.00 26 Jul 2024 ยท EMD 84/100 ยท close 52.00 2 Aug 2024 ยท EMD 79/100 ยท close 51.40 9 Aug 2024 ยท EMD 92/100 ยท close 56.60 16 Aug 2024 ยท EMD 81/100 ยท close 56.20 23 Aug 2024 ยท EMD 90/100 ยท close 58.60 30 Aug 2024 ยท EMD 89/100 ยท close 58.80 6 Sep 2024 ยท EMD 86/100 ยท close 57.80 13 Sep 2024 ยท EMD 93/100 ยท close 58.20 20 Sep 2024 ยท EMD 90/100 ยท close 58.00 27 Sep 2024 ยท EMD 74/100 ยท close 56.00 4 Oct 2024 ยท EMD 74/100 ยท close 53.40 11 Oct 2024 ยท EMD 67/100 ยท close 53.20 18 Oct 2024 ยท EMD 60/100 ยท close 53.40 25 Oct 2024 ยท EMD 64/100 ยท close 53.60 1 Nov 2024 ยท EMD 57/100 ยท close 52.40 8 Nov 2024 ยท EMD 57/100 ยท close 52.00 15 Nov 2024 ยท EMD 62/100 ยท close 53.00 22 Nov 2024 ยท EMD 58/100 ยท close 52.60 29 Nov 2024 ยท EMD 42/100 ยท close 49.70 6 Dec 2024 ยท EMD 45/100 ยท close 50.00 13 Dec 2024 ยท EMD 43/100 ยท close 49.80 20 Dec 2024 ยท EMD 58/100 ยท close 53.80 27 Dec 2024 ยท EMD 81/100 ยท close 62.20 3 Jan 2025 ยท EMD 80/100 ยท close 62.00 10 Jan 2025 ยท EMD 92/100 ยท close 63.20 17 Jan 2025 ยท EMD 89/100 ยท close 64.00 24 Jan 2025 ยท EMD 92/100 ยท close 66.60 31 Jan 2025 ยท EMD 90/100 ยท close 67.20 7 Feb 2025 ยท EMD 74/100 ยท close 65.00 14 Feb 2025 ยท EMD 89/100 ยท close 67.40 21 Feb 2025 ยท EMD 82/100 ยท close 67.20 28 Feb 2025 ยท EMD 83/100 ยท close 67.80 7 Mar 2025 ยท EMD 81/100 ยท close 67.40 14 Mar 2025 ยท EMD 80/100 ยท close 67.80 21 Mar 2025 ยท EMD 78/100 ยท close 67.80 28 Mar 2025 ยท EMD 78/100 ยท close 68.00 4 Apr 2025 ยท EMD 80/100 ยท close 67.60 11 Apr 2025 ยท EMD 77/100 ยท close 66.80 18 Apr 2025 ยท EMD 74/100 ยท close 67.00 25 Apr 2025 ยท EMD 71/100 ยท close 67.60 2 May 2025 ยท EMD 67/100 ยท close 67.60 9 May 2025 ยท EMD 74/100 ยท close 71.00 16 May 2025 ยท EMD 74/100 ยท close 72.20 23 May 2025 ยท EMD 74/100 ยท close 71.80 30 May 2025 ยท EMD 68/100 ยท close 71.80 6 Jun 2025 ยท EMD 72/100 ยท close 71.80 13 Jun 2025 ยท EMD 72/100 ยท close 70.80 20 Jun 2025 ยท EMD 71/100 ยท close 70.80 27 Jun 2025 ยท EMD 68/100 ยท close 70.60 4 Jul 2025 ยท EMD 68/100 ยท close 71.40 11 Jul 2025 ยท EMD 72/100 ยท close 72.60 18 Jul 2025 ยท EMD 61/100 ยท close 71.80 25 Jul 2025 ยท EMD 63/100 ยท close 72.20 1 Aug 2025 ยท EMD 68/100 ยท close 72.20 8 Aug 2025 ยท EMD 68/100 ยท close 73.20 15 Aug 2025 ยท EMD 65/100 ยท close 73.20 22 Aug 2025 ยท EMD 61/100 ยท close 73.20 29 Aug 2025 ยท EMD 64/100 ยท close 73.40 5 Sep 2025 ยท EMD 66/100 ยท close 73.60 12 Sep 2025 ยท EMD 65/100 ยท close 73.60 19 Sep 2025 ยท EMD 71/100 ยท close 74.40 26 Sep 2025 ยท EMD 69/100 ยท close 73.80 3 Oct 2025 ยท EMD 59/100 ยท close 72.80 10 Oct 2025 ยท EMD 63/100 ยท close 73.80 17 Oct 2025 ยท EMD 63/100 ยท close 74.00 24 Oct 2025 ยท EMD 55/100 ยท close 73.80 31 Oct 2025 ยท EMD 63/100 ยท close 74.20 7 Nov 2025 ยท EMD 61/100 ยท close 74.00 14 Nov 2025 ยท EMD 69/100 ยท close 76.00 21 Nov 2025 ยท EMD 63/100 ยท close 75.20 28 Nov 2025 ยท EMD 68/100 ยท close 76.00 5 Dec 2025 ยท EMD 76/100 ยท close 77.40 12 Dec 2025 ยท EMD 71/100 ยท close 78.20 19 Dec 2025 ยท EMD 68/100 ยท close 77.00 26 Dec 2025 ยท EMD 70/100 ยท close 76.60 2 Jan 2026 ยท EMD 65/100 ยท close 76.40 9 Jan 2026 ยท EMD 84/100 ยท close 81.80 16 Jan 2026 ยท EMD 74/100 ยท close 79.80 23 Jan 2026 ยท EMD 79/100 ยท close 80.00 30 Jan 2026 ยท EMD 82/100 ยท close 82.00 6 Feb 2026 ยท EMD 79/100 ยท close 82.40 13 Feb 2026 ยท EMD 81/100 ยท close 82.00 20 Feb 2026 ยท EMD 80/100 ยท close 82.00 27 Feb 2026 ยท EMD 76/100 ยท close 80.40 6 Mar 2026 ยท EMD 81/100 ยท close 81.00 13 Mar 2026 ยท EMD 79/100 ยท close 82.40 20 Mar 2026 ยท EMD 69/100 ยท close 80.80 27 Mar 2026 ยท EMD 67/100 ยท close 80.20 3 Apr 2026 ยท EMD 76/100 ยท close 81.80 10 Apr 2026 ยท EMD 66/100 ยท close 81.20 17 Apr 2026 ยท EMD 71/100 ยท close 83.40 24 Apr 2026 ยท EMD 67/100 ยท close 82.80 1 May 2026 ยท EMD 73/100 ยท close 84.60 8 May 2026 ยท EMD 74/100 ยท close 85.00 15 May 2026 ยท EMD 71/100 ยท close 83.40 22 May 2026 ยท EMD 68/100 ยท close 83.00 29 May 2026 ยท EMD 70/100 ยท close 84.40 5 Jun 2026 ยท EMD 63/100 ยท close 82.80 12 Jun 2026 ยท EMD 61/100 ยท close 82.20 19 Jun 2026 ยท EMD 59/100 ยท close 81.40 26 Jun 2026 ยท EMD 58/100 ยท close 81.60 3 Jul 2026 ยท EMD 54/100 ยท close 82.00 10 Jul 2026 ยท EMD 48/100 ยท close 80.20 17 Jul 2026 ยท EMD 51/100 ยท close 81.20 24 Jul 2026 ยท EMD 49/100 ยท close 81.20 31 Jul 2026 ยท EMD 53/100 ยท close 81.80 7 Aug 2026 ยท EMD 49/100 ยท close 82.00 14 Aug 2026 ยท EMD 54/100 ยท close 83.40 21 Aug 2026 ยท EMD 51/100 ยท close 83.40 28 Aug 2026 ยท EMD 50/100 ยท close 82.40 27 Oct 2023 ยท Up-cycle confirmed ยท close 38.50 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 86%Current EMD -0.44-week EMD change -6.8156-week price range EUR 33.70โ€“85.00

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

40/100-0.51

Cautious pressure beneath price
4-week change +1.01

02

Trend and deviation

68/100+0.2% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

60/1004w +0.7% ยท 13w -2.4%

Momentum is supportive
SMI 0.52

04

Price-volume pressure

21/10021% constructive pressure

Volume is leaning against the close
Volume ratio 4.92x

05

Relative leadership

31/100-4.78

The ticker is lagging its benchmark
4-week change -3.04

06

Modeled Trend

77/100Modeled Trend 0.48

Modeled Trend is supportive
Smoothed Modeled Trend 0.42

Evidence context