EBS ยท ETF ยท ENHANCED MARKET DYNAMICS

URAN

UBS Nuclear Economies UCITS ETF USD Acc

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EMD SCORE48/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions remain cautious, although the latest readings are improving.

Early repair0% directional agreement57% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 18.30
Evidence
32 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

2 supportive ยท 2 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
23 Jan 2026โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 23.7818.8813.97 23 Jan 2026 ยท EMD 48/100 ยท close 22.97 30 Jan 2026 ยท EMD 43/100 ยท close 23.25 6 Feb 2026 ยท EMD 41/100 ยท close 20.36 13 Feb 2026 ยท EMD 46/100 ยท close 21.01 20 Feb 2026 ยท EMD 52/100 ยท close 22.17 27 Feb 2026 ยท EMD 33/100 ยท close 21.04 6 Mar 2026 ยท EMD 39/100 ยท close 19.39 13 Mar 2026 ยท EMD 43/100 ยท close 20.07 20 Mar 2026 ยท EMD 40/100 ยท close 18.34 27 Mar 2026 ยท EMD 35/100 ยท close 18.08 3 Apr 2026 ยท EMD 43/100 ยท close 18.80 10 Apr 2026 ยท EMD 45/100 ยท close 19.48 17 Apr 2026 ยท EMD 49/100 ยท close 21.72 24 Apr 2026 ยท EMD 45/100 ยท close 21.96 1 May 2026 ยท EMD 44/100 ยท close 21.24 8 May 2026 ยท EMD 43/100 ยท close 21.51 15 May 2026 ยท EMD 32/100 ยท close 19.94 22 May 2026 ยท EMD 48/100 ยท close 19.29 29 May 2026 ยท EMD 40/100 ยท close 19.42 5 Jun 2026 ยท EMD 40/100 ยท close 18.61 12 Jun 2026 ยท EMD 39/100 ยท close 17.19 19 Jun 2026 ยท EMD 42/100 ยท close 18.32 26 Jun 2026 ยท EMD 40/100 ยท close 17.00 3 Jul 2026 ยท EMD 40/100 ยท close 16.84 10 Jul 2026 ยท EMD 40/100 ยท close 16.19 17 Jul 2026 ยท EMD 38/100 ยท close 14.50 24 Jul 2026 ยท EMD 36/100 ยท close 15.55 31 Jul 2026 ยท EMD 32/100 ยท close 14.71 7 Aug 2026 ยท EMD 40/100 ยท close 16.95 14 Aug 2026 ยท EMD 41/100 ยท close 17.27 21 Aug 2026 ยท EMD 37/100 ยท close 16.89 28 Aug 2026 ยท EMD 48/100 ยท close 18.30 6 Feb 2026 ยท Down-cycle confirmed ยท close 20.36 24 Jul 2026 ยท Up-cycle confirmed ยท close 15.55 7 Aug 2026 ยท Up-cycle confirmed ยท close 16.95 23 Jan 202615 May 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 36%Current EMD -3.24-week EMD change +32.4156-week price range USD 14.50โ€“23.25

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

27/100-0.34

Cautious pressure beneath price
4-week change -0.34

02

Trend and deviation

23/100-2.3% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

64/1004w +24.4% ยท 13w -5.8%

Momentum is supportive
SMI 0.05

04

Price-volume pressure

70/10070% constructive pressure

Volume is confirming the close
Volume ratio 1.00x

05

Modeled Trend

54/100Modeled Trend 0.04

Modeled Trend is supportive
Smoothed Modeled Trend 0.09

Evidence context