EBS ยท ETF ยท ENHANCED MARKET DYNAMICS

IU28

ISHARES IBONDS DEC 2028 TERM $ HIGH YIELD CORP UCITS ETF USD (ACC)

CH

EMD SCORE74/100

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 agreement89% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 104.31
Evidence
38 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 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.
12 Dec 2025โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 104.83102.49100.16 12 Dec 2025 ยท EMD 45/100 ยท close 100.94 19 Dec 2025 ยท EMD 48/100 ยท close 101.44 26 Dec 2025 ยท EMD 40/100 ยท close 101.29 2 Jan 2026 ยท EMD 46/100 ยท close 101.46 9 Jan 2026 ยท EMD 46/100 ยท close 101.75 16 Jan 2026 ยท EMD 49/100 ยท close 101.82 23 Jan 2026 ยท EMD 47/100 ยท close 102.14 30 Jan 2026 ยท EMD 43/100 ยท close 101.93 6 Feb 2026 ยท EMD 44/100 ยท close 102.00 13 Feb 2026 ยท EMD 47/100 ยท close 102.10 20 Feb 2026 ยท EMD 47/100 ยท close 102.10 27 Feb 2026 ยท EMD 48/100 ยท close 102.10 6 Mar 2026 ยท EMD 48/100 ยท close 102.27 13 Mar 2026 ยท EMD 47/100 ยท close 101.14 20 Mar 2026 ยท EMD 48/100 ยท close 101.34 27 Mar 2026 ยท EMD 47/100 ยท close 100.68 3 Apr 2026 ยท EMD 48/100 ยท close 101.74 10 Apr 2026 ยท EMD 51/100 ยท close 102.61 17 Apr 2026 ยท EMD 49/100 ยท close 102.32 24 Apr 2026 ยท EMD 50/100 ยท close 102.67 1 May 2026 ยท EMD 49/100 ยท close 102.79 8 May 2026 ยท EMD 55/100 ยท close 103.20 15 May 2026 ยท EMD 49/100 ยท close 102.65 22 May 2026 ยท EMD 52/100 ยท close 103.34 29 May 2026 ยท EMD 47/100 ยท close 103.01 5 Jun 2026 ยท EMD 50/100 ยท close 103.29 12 Jun 2026 ยท EMD 43/100 ยท close 103.46 19 Jun 2026 ยท EMD 50/100 ยท close 103.64 26 Jun 2026 ยท EMD 55/100 ยท close 103.46 3 Jul 2026 ยท EMD 73/100 ยท close 103.70 10 Jul 2026 ยท EMD 73/100 ยท close 103.96 17 Jul 2026 ยท EMD 73/100 ยท close 103.86 24 Jul 2026 ยท EMD 73/100 ยท close 103.60 31 Jul 2026 ยท EMD 72/100 ยท close 103.90 7 Aug 2026 ยท EMD 64/100 ยท close 103.99 14 Aug 2026 ยท EMD 83/100 ยท close 104.31 21 Aug 2026 ยท EMD 73/100 ยท close 104.22 28 Aug 2026 ยท EMD 74/100 ยท close 104.31 12 Dec 202524 Apr 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 93%Current EMD +47.24-week EMD change +2.3156-week price range USD 100.68โ€“104.31

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

89/1000.98

Strengthening beneath price
4-week change -0.08

02

Trend and deviation

73/100+1.3% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

65/1004w +0.4% ยท 13w +1.3%

Momentum is supportive
SMI 0.76

04

Price-volume pressure

55/10055% constructive pressure

Volume is confirming the close
Volume ratio 3.67x

05

Modeled Trend

87/100Modeled Trend 0.90

Modeled Trend is supportive
Smoothed Modeled Trend 0.53

Evidence context