GER ยท ETF ยท ENHANCED MARKET DYNAMICS

ESAM

BNP Paribas Easy MSCI World UCITS ETF USD C

DE

EMD SCORE80/100

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 11.81
Evidence
36 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 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 11.9810.829.67 12 Dec 2025 ยท EMD 44/100 ยท close 10.29 19 Dec 2025 ยท EMD 45/100 ยท close 10.26 9 Jan 2026 ยท EMD 45/100 ยท close 10.55 16 Jan 2026 ยท EMD 45/100 ยท close 10.57 23 Jan 2026 ยท EMD 46/100 ยท close 10.54 30 Jan 2026 ยท EMD 47/100 ยท close 10.58 6 Feb 2026 ยท EMD 45/100 ยท close 10.41 13 Feb 2026 ยท EMD 46/100 ยท close 10.55 20 Feb 2026 ยท EMD 46/100 ยท close 10.59 27 Feb 2026 ยท EMD 47/100 ยท close 10.66 6 Mar 2026 ยท EMD 46/100 ยท close 10.32 13 Mar 2026 ยท EMD 45/100 ยท close 10.14 20 Mar 2026 ยท EMD 44/100 ยท close 9.94 27 Mar 2026 ยท EMD 43/100 ยท close 9.80 3 Apr 2026 ยท EMD 45/100 ยท close 10.11 10 Apr 2026 ยท EMD 46/100 ยท close 10.49 17 Apr 2026 ยท EMD 48/100 ยท close 10.91 24 Apr 2026 ยท EMD 48/100 ยท close 10.87 1 May 2026 ยท EMD 48/100 ยท close 10.94 8 May 2026 ยท EMD 49/100 ยท close 11.18 15 May 2026 ยท EMD 48/100 ยท close 11.15 22 May 2026 ยท EMD 49/100 ยท close 11.29 29 May 2026 ยท EMD 50/100 ยท close 11.44 5 Jun 2026 ยท EMD 49/100 ยท close 11.19 12 Jun 2026 ยท EMD 50/100 ยท close 11.27 19 Jun 2026 ยท EMD 51/100 ยท close 11.36 26 Jun 2026 ยท EMD 50/100 ยท close 11.17 3 Jul 2026 ยท EMD 51/100 ยท close 11.40 10 Jul 2026 ยท EMD 55/100 ยท close 11.46 17 Jul 2026 ยท EMD 74/100 ยท close 11.34 24 Jul 2026 ยท EMD 73/100 ยท close 11.28 31 Jul 2026 ยท EMD 73/100 ยท close 11.42 7 Aug 2026 ยท EMD 75/100 ยท close 11.80 14 Aug 2026 ยท EMD 76/100 ยท close 11.85 21 Aug 2026 ยท EMD 76/100 ยท close 11.72 28 Aug 2026 ยท EMD 80/100 ยท close 11.81 10 Apr 2026 ยท Up-cycle confirmed ยท close 10.49 12 Dec 20251 May 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 94%Current EMD +60.64-week EMD change +14.5156-week price range USD 9.80โ€“11.85

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

80/1000.56

Strengthening beneath price
4-week change +0.12

02

Trend and deviation

91/100+7.4% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

71/1004w +3.5% ยท 13w +3.2%

Momentum is supportive
SMI 0.69

04

Price-volume pressure

70/10070% constructive pressure

Volume is confirming the close
Volume ratio 1.00x

05

Modeled Trend

89/100Modeled Trend 0.82

Modeled Trend is supportive
Smoothed Modeled Trend 0.72

Evidence context