TLV ยท EQUITY ยท ENHANCED MARKET DYNAMICS

PHTM

Photomyne Ltd

IL ยท Technology ยท Software - Application

EMD SCORE27/100

CURRENT COMPLETED-WEEK READ

Defensive

The latest completed-week readings are broadly cautious. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration60% directional agreement87% evidence confidence
Completed week
28 Aug 2026
Latest close
ILA 151,800.00
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 4 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 ILA +100+500-50-100 334,868.00238,100.00141,332.00 8 Sep 2023 ยท EMD 57/100 ยท close 189,200.00 15 Sep 2023 ยท EMD 53/100 ยท close 183,200.00 22 Sep 2023 ยท EMD 53/100 ยท close 181,700.00 29 Sep 2023 ยท EMD 59/100 ยท close 181,700.00 6 Oct 2023 ยท EMD 49/100 ยท close 177,500.00 13 Oct 2023 ยท EMD 73/100 ยท close 192,600.00 20 Oct 2023 ยท EMD 60/100 ยท close 182,000.00 27 Oct 2023 ยท EMD 71/100 ยท close 187,300.00 3 Nov 2023 ยท EMD 42/100 ยท close 162,500.00 10 Nov 2023 ยท EMD 64/100 ยท close 188,400.00 17 Nov 2023 ยท EMD 62/100 ยท close 180,200.00 24 Nov 2023 ยท EMD 60/100 ยท close 180,300.00 1 Dec 2023 ยท EMD 78/100 ยท close 189,400.00 8 Dec 2023 ยท EMD 68/100 ยท close 185,300.00 15 Dec 2023 ยท EMD 70/100 ยท close 185,100.00 22 Dec 2023 ยท EMD 52/100 ยท close 180,000.00 29 Dec 2023 ยท EMD 70/100 ยท close 186,800.00 5 Jan 2024 ยท EMD 86/100 ยท close 203,100.00 12 Jan 2024 ยท EMD 73/100 ยท close 200,600.00 19 Jan 2024 ยท EMD 91/100 ยท close 212,400.00 26 Jan 2024 ยท EMD 85/100 ยท close 215,500.00 2 Feb 2024 ยท EMD 73/100 ยท close 200,000.00 9 Feb 2024 ยท EMD 70/100 ยท close 194,600.00 16 Feb 2024 ยท EMD 83/100 ยท close 215,400.00 23 Feb 2024 ยท EMD 73/100 ยท close 216,800.00 1 Mar 2024 ยท EMD 85/100 ยท close 226,600.00 8 Mar 2024 ยท EMD 81/100 ยท close 211,800.00 15 Mar 2024 ยท EMD 78/100 ยท close 218,600.00 22 Mar 2024 ยท EMD 89/100 ยท close 263,000.00 29 Mar 2024 ยท EMD 87/100 ยท close 254,400.00 5 Apr 2024 ยท EMD 72/100 ยท close 215,500.00 12 Apr 2024 ยท EMD 58/100 ยท close 202,800.00 19 Apr 2024 ยท EMD 67/100 ยท close 208,300.00 26 Apr 2024 ยท EMD 63/100 ยท close 209,100.00 3 May 2024 ยท EMD 65/100 ยท close 212,100.00 10 May 2024 ยท EMD 62/100 ยท close 215,600.00 17 May 2024 ยท EMD 55/100 ยท close 207,000.00 24 May 2024 ยท EMD 69/100 ยท close 219,900.00 31 May 2024 ยท EMD 68/100 ยท close 226,700.00 7 Jun 2024 ยท EMD 73/100 ยท close 227,200.00 14 Jun 2024 ยท EMD 74/100 ยท close 229,600.00 21 Jun 2024 ยท EMD 64/100 ยท close 223,900.00 28 Jun 2024 ยท EMD 58/100 ยท close 214,600.00 5 Jul 2024 ยท EMD 56/100 ยท close 214,100.00 12 Jul 2024 ยท EMD 61/100 ยท close 221,400.00 19 Jul 2024 ยท EMD 62/100 ยท close 225,100.00 26 Jul 2024 ยท EMD 78/100 ยท close 234,200.00 2 Aug 2024 ยท EMD 84/100 ยท close 238,600.00 9 Aug 2024 ยท EMD 80/100 ยท close 233,500.00 16 Aug 2024 ยท EMD 79/100 ยท close 236,800.00 23 Aug 2024 ยท EMD 83/100 ยท close 240,900.00 30 Aug 2024 ยท EMD 78/100 ยท close 240,000.00 6 Sep 2024 ยท EMD 72/100 ยท close 234,200.00 13 Sep 2024 ยท EMD 80/100 ยท close 239,900.00 20 Sep 2024 ยท EMD 84/100 ยท close 244,500.00 27 Sep 2024 ยท EMD 83/100 ยท close 249,100.00 4 Oct 2024 ยท EMD 85/100 ยท close 256,700.00 11 Oct 2024 ยท EMD 95/100 ยท close 276,800.00 18 Oct 2024 ยท EMD 88/100 ยท close 288,000.00 25 Oct 2024 ยท EMD 88/100 ยท close 285,300.00 1 Nov 2024 ยท EMD 92/100 ยท close 285,300.00 8 Nov 2024 ยท EMD 78/100 ยท close 281,200.00 15 Nov 2024 ยท EMD 85/100 ยท close 282,400.00 22 Nov 2024 ยท EMD 80/100 ยท close 277,600.00 29 Nov 2024 ยท EMD 76/100 ยท close 278,600.00 6 Dec 2024 ยท EMD 78/100 ยท close 277,800.00 13 Dec 2024 ยท EMD 86/100 ยท close 301,400.00 20 Dec 2024 ยท EMD 81/100 ยท close 295,800.00 27 Dec 2024 ยท EMD 80/100 ยท close 294,700.00 3 Jan 2025 ยท EMD 83/100 ยท close 301,100.00 10 Jan 2025 ยท EMD 73/100 ยท close 294,100.00 17 Jan 2025 ยท EMD 65/100 ยท close 289,400.00 24 Jan 2025 ยท EMD 61/100 ยท close 288,800.00 31 Jan 2025 ยท EMD 78/100 ยท close 303,900.00 7 Feb 2025 ยท EMD 84/100 ยท close 324,500.00 14 Feb 2025 ยท EMD 80/100 ยท close 317,800.00 21 Feb 2025 ยท EMD 79/100 ยท close 314,200.00 28 Feb 2025 ยท EMD 78/100 ยท close 312,400.00 7 Mar 2025 ยท EMD 67/100 ยท close 301,800.00 14 Mar 2025 ยท EMD 75/100 ยท close 310,800.00 21 Mar 2025 ยท EMD 69/100 ยท close 309,900.00 28 Mar 2025 ยท EMD 68/100 ยท close 308,000.00 4 Apr 2025 ยท EMD 65/100 ยท close 304,500.00 11 Apr 2025 ยท EMD 55/100 ยท close 293,600.00 18 Apr 2025 ยท EMD 64/100 ยท close 302,200.00 25 Apr 2025 ยท EMD 60/100 ยท close 305,000.00 2 May 2025 ยท EMD 55/100 ยท close 299,500.00 9 May 2025 ยท EMD 56/100 ยท close 300,500.00 16 May 2025 ยท EMD 60/100 ยท close 305,100.00 23 May 2025 ยท EMD 38/100 ยท close 279,900.00 30 May 2025 ยท EMD 47/100 ยท close 299,800.00 6 Jun 2025 ยท EMD 46/100 ยท close 299,900.00 13 Jun 2025 ยท EMD 45/100 ยท close 299,900.00 20 Jun 2025 ยท EMD 26/100 ยท close 252,200.00 27 Jun 2025 ยท EMD 32/100 ยท close 274,900.00 4 Jul 2025 ยท EMD 29/100 ยท close 272,900.00 11 Jul 2025 ยท EMD 25/100 ยท close 266,300.00 18 Jul 2025 ยท EMD 40/100 ยท close 275,200.00 25 Jul 2025 ยท EMD 31/100 ยท close 268,600.00 1 Aug 2025 ยท EMD 31/100 ยท close 261,600.00 8 Aug 2025 ยท EMD 35/100 ยท close 257,100.00 15 Aug 2025 ยท EMD 28/100 ยท close 250,000.00 22 Aug 2025 ยท EMD 28/100 ยท close 244,600.00 29 Aug 2025 ยท EMD 31/100 ยท close 244,200.00 5 Sep 2025 ยท EMD 24/100 ยท close 230,500.00 12 Sep 2025 ยท EMD 23/100 ยท close 222,000.00 19 Sep 2025 ยท EMD 27/100 ยท close 222,900.00 26 Sep 2025 ยท EMD 26/100 ยท close 222,500.00 3 Oct 2025 ยท EMD 25/100 ยท close 226,900.00 10 Oct 2025 ยท EMD 29/100 ยท close 226,900.00 17 Oct 2025 ยท EMD 28/100 ยท close 224,400.00 24 Oct 2025 ยท EMD 33/100 ยท close 231,000.00 31 Oct 2025 ยท EMD 36/100 ยท close 245,300.00 7 Nov 2025 ยท EMD 25/100 ยท close 225,300.00 14 Nov 2025 ยท EMD 29/100 ยท close 221,000.00 21 Nov 2025 ยท EMD 33/100 ยท close 218,900.00 28 Nov 2025 ยท EMD 31/100 ยท close 218,700.00 5 Dec 2025 ยท EMD 32/100 ยท close 213,800.00 12 Dec 2025 ยท EMD 36/100 ยท close 214,300.00 19 Dec 2025 ยท EMD 33/100 ยท close 207,600.00 26 Dec 2025 ยท EMD 31/100 ยท close 198,800.00 2 Jan 2026 ยท EMD 34/100 ยท close 214,100.00 9 Jan 2026 ยท EMD 30/100 ยท close 205,200.00 16 Jan 2026 ยท EMD 32/100 ยท close 205,500.00 23 Jan 2026 ยท EMD 27/100 ยท close 192,500.00 30 Jan 2026 ยท EMD 25/100 ยท close 186,800.00 6 Feb 2026 ยท EMD 19/100 ยท close 164,900.00 13 Feb 2026 ยท EMD 34/100 ยท close 198,800.00 20 Feb 2026 ยท EMD 37/100 ยท close 198,600.00 27 Feb 2026 ยท EMD 46/100 ยท close 222,200.00 6 Mar 2026 ยท EMD 46/100 ยท close 224,800.00 13 Mar 2026 ยท EMD 50/100 ยท close 224,400.00 20 Mar 2026 ยท EMD 47/100 ยท close 210,000.00 27 Mar 2026 ยท EMD 46/100 ยท close 210,000.00 3 Apr 2026 ยท EMD 43/100 ยท close 209,400.00 10 Apr 2026 ยท EMD 43/100 ยท close 209,400.00 17 Apr 2026 ยท EMD 41/100 ยท close 202,000.00 24 Apr 2026 ยท EMD 42/100 ยท close 205,600.00 1 May 2026 ยท EMD 34/100 ยท close 200,300.00 8 May 2026 ยท EMD 42/100 ยท close 200,200.00 15 May 2026 ยท EMD 42/100 ยท close 199,100.00 22 May 2026 ยท EMD 48/100 ยท close 203,000.00 29 May 2026 ยท EMD 48/100 ยท close 202,900.00 5 Jun 2026 ยท EMD 37/100 ยท close 189,600.00 12 Jun 2026 ยท EMD 39/100 ยท close 192,700.00 19 Jun 2026 ยท EMD 28/100 ยท close 170,300.00 26 Jun 2026 ยท EMD 29/100 ยท close 169,100.00 3 Jul 2026 ยท EMD 29/100 ยท close 166,800.00 10 Jul 2026 ยท EMD 28/100 ยท close 167,100.00 17 Jul 2026 ยท EMD 28/100 ยท close 158,500.00 24 Jul 2026 ยท EMD 28/100 ยท close 158,500.00 31 Jul 2026 ยท EMD 38/100 ยท close 161,500.00 7 Aug 2026 ยท EMD 29/100 ยท close 157,800.00 14 Aug 2026 ยท EMD 29/100 ยท close 152,700.00 21 Aug 2026 ยท EMD 29/100 ยท close 151,700.00 28 Aug 2026 ยท EMD 27/100 ยท close 151,800.00 10 Nov 2023 ยท Up-cycle confirmed ยท close 188,400.00 11 Apr 2025 ยท Down-cycle confirmed ยท close 293,600.00 13 Feb 2026 ยท Up-cycle confirmed ยท close 198,800.00 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 8%Current EMD -46.24-week EMD change -21.6156-week price range ILA 151,700.00โ€“324,500.00

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

8/100-1.30

Cautious pressure beneath price
4-week change -0.09

02

Trend and deviation

1/100-19.2% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

32/1004w -6.0% ยท 13w -25.2%

Momentum is applying downside pressure
SMI 0.20

04

Price-volume pressure

44/10044% constructive pressure

Volume is leaning against the close
Volume ratio 0.90x

05

Relative leadership

1/100-30.67

The ticker is lagging its benchmark
4-week change -0.10

06

Modeled Trend

60/100Modeled Trend 0.02

Modeled Trend is supportive
Smoothed Modeled Trend 0.34

Evidence context