AMS ยท EQUITY ยท ENHANCED MARKET DYNAMICS

FLOW

Flow Traders Ltd.

NL ยท Financial Services ยท Capital Markets

EMD SCORE69/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build100% directional agreement100% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 29.50
Evidence
156 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.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท EUR +100+500-50-100 31.5022.8814.27 8 Sep 2023 ยท EMD 30/100 ยท close 17.94 15 Sep 2023 ยท EMD 26/100 ยท close 17.59 22 Sep 2023 ยท EMD 36/100 ยท close 17.79 29 Sep 2023 ยท EMD 34/100 ยท close 17.47 6 Oct 2023 ยท EMD 25/100 ยท close 16.28 13 Oct 2023 ยท EMD 24/100 ยท close 16.23 20 Oct 2023 ยท EMD 26/100 ยท close 16.25 27 Oct 2023 ยท EMD 34/100 ยท close 16.82 3 Nov 2023 ยท EMD 40/100 ยท close 17.45 10 Nov 2023 ยท EMD 33/100 ยท close 16.83 17 Nov 2023 ยท EMD 40/100 ยท close 17.30 24 Nov 2023 ยท EMD 33/100 ยท close 16.96 1 Dec 2023 ยท EMD 29/100 ยท close 16.68 8 Dec 2023 ยท EMD 42/100 ยท close 17.31 15 Dec 2023 ยท EMD 40/100 ยท close 17.60 22 Dec 2023 ยท EMD 46/100 ยท close 17.88 29 Dec 2023 ยท EMD 46/100 ยท close 17.82 5 Jan 2024 ยท EMD 52/100 ยท close 18.45 12 Jan 2024 ยท EMD 42/100 ยท close 17.28 19 Jan 2024 ยท EMD 44/100 ยท close 17.03 26 Jan 2024 ยท EMD 40/100 ยท close 16.83 2 Feb 2024 ยท EMD 35/100 ยท close 16.20 9 Feb 2024 ยท EMD 33/100 ยท close 16.20 16 Feb 2024 ยท EMD 44/100 ยท close 16.43 23 Feb 2024 ยท EMD 43/100 ยท close 16.70 1 Mar 2024 ยท EMD 45/100 ยท close 16.72 8 Mar 2024 ยท EMD 45/100 ยท close 16.98 15 Mar 2024 ยท EMD 49/100 ยท close 17.50 22 Mar 2024 ยท EMD 44/100 ยท close 17.03 29 Mar 2024 ยท EMD 53/100 ยท close 18.13 5 Apr 2024 ยท EMD 62/100 ยท close 18.72 12 Apr 2024 ยท EMD 60/100 ยท close 18.76 19 Apr 2024 ยท EMD 72/100 ยท close 19.47 26 Apr 2024 ยท EMD 66/100 ยท close 19.66 3 May 2024 ยท EMD 74/100 ยท close 20.28 10 May 2024 ยท EMD 66/100 ยท close 19.78 17 May 2024 ยท EMD 67/100 ยท close 19.43 24 May 2024 ยท EMD 73/100 ยท close 20.18 31 May 2024 ยท EMD 67/100 ยท close 19.62 7 Jun 2024 ยท EMD 68/100 ยท close 19.67 14 Jun 2024 ยท EMD 61/100 ยท close 18.91 21 Jun 2024 ยท EMD 59/100 ยท close 18.78 28 Jun 2024 ยท EMD 55/100 ยท close 18.48 5 Jul 2024 ยท EMD 53/100 ยท close 18.53 12 Jul 2024 ยท EMD 55/100 ยท close 18.79 19 Jul 2024 ยท EMD 61/100 ยท close 19.49 26 Jul 2024 ยท EMD 28/100 ยท close 15.19 2 Aug 2024 ยท EMD 43/100 ยท close 16.00 9 Aug 2024 ยท EMD 40/100 ยท close 17.16 16 Aug 2024 ยท EMD 38/100 ยท close 17.30 23 Aug 2024 ยท EMD 45/100 ยท close 17.62 30 Aug 2024 ยท EMD 41/100 ยท close 17.46 6 Sep 2024 ยท EMD 45/100 ยท close 17.68 13 Sep 2024 ยท EMD 50/100 ยท close 18.31 20 Sep 2024 ยท EMD 41/100 ยท close 17.89 27 Sep 2024 ยท EMD 51/100 ยท close 18.65 4 Oct 2024 ยท EMD 73/100 ยท close 20.84 11 Oct 2024 ยท EMD 75/100 ยท close 21.26 18 Oct 2024 ยท EMD 79/100 ยท close 21.82 25 Oct 2024 ยท EMD 70/100 ยท close 21.10 1 Nov 2024 ยท EMD 70/100 ยท close 20.56 8 Nov 2024 ยท EMD 87/100 ยท close 21.50 15 Nov 2024 ยท EMD 77/100 ยท close 21.20 22 Nov 2024 ยท EMD 78/100 ยท close 21.38 29 Nov 2024 ยท EMD 81/100 ยท close 21.10 6 Dec 2024 ยท EMD 81/100 ยท close 21.34 13 Dec 2024 ยท EMD 87/100 ยท close 22.54 20 Dec 2024 ยท EMD 79/100 ยท close 22.08 27 Dec 2024 ยท EMD 82/100 ยท close 21.64 3 Jan 2025 ยท EMD 80/100 ยท close 21.86 10 Jan 2025 ยท EMD 83/100 ยท close 23.04 17 Jan 2025 ยท EMD 86/100 ยท close 23.88 24 Jan 2025 ยท EMD 82/100 ยท close 23.32 31 Jan 2025 ยท EMD 87/100 ยท close 24.16 7 Feb 2025 ยท EMD 79/100 ยท close 23.98 14 Feb 2025 ยท EMD 91/100 ยท close 26.38 21 Feb 2025 ยท EMD 91/100 ยท close 26.14 28 Feb 2025 ยท EMD 81/100 ยท close 25.48 7 Mar 2025 ยท EMD 88/100 ยท close 25.70 14 Mar 2025 ยท EMD 91/100 ยท close 27.16 21 Mar 2025 ยท EMD 88/100 ยท close 27.24 28 Mar 2025 ยท EMD 87/100 ยท close 27.40 4 Apr 2025 ยท EMD 91/100 ยท close 28.22 11 Apr 2025 ยท EMD 97/100 ยท close 30.58 18 Apr 2025 ยท EMD 88/100 ยท close 30.34 25 Apr 2025 ยท EMD 67/100 ยท close 24.30 2 May 2025 ยท EMD 84/100 ยท close 26.62 9 May 2025 ยท EMD 81/100 ยท close 28.34 16 May 2025 ยท EMD 75/100 ยท close 27.88 23 May 2025 ยท EMD 84/100 ยท close 29.84 30 May 2025 ยท EMD 83/100 ยท close 29.30 6 Jun 2025 ยท EMD 80/100 ยท close 29.28 13 Jun 2025 ยท EMD 78/100 ยท close 29.02 20 Jun 2025 ยท EMD 72/100 ยท close 29.26 27 Jun 2025 ยท EMD 63/100 ยท close 26.96 4 Jul 2025 ยท EMD 60/100 ยท close 26.84 11 Jul 2025 ยท EMD 62/100 ยท close 27.26 18 Jul 2025 ยท EMD 61/100 ยท close 27.40 25 Jul 2025 ยท EMD 62/100 ยท close 26.78 1 Aug 2025 ยท EMD 50/100 ยท close 25.84 8 Aug 2025 ยท EMD 43/100 ยท close 24.62 15 Aug 2025 ยท EMD 41/100 ยท close 24.48 22 Aug 2025 ยท EMD 44/100 ยท close 25.14 29 Aug 2025 ยท EMD 45/100 ยท close 25.34 5 Sep 2025 ยท EMD 43/100 ยท close 25.04 12 Sep 2025 ยท EMD 39/100 ยท close 24.82 19 Sep 2025 ยท EMD 53/100 ยท close 27.02 26 Sep 2025 ยท EMD 36/100 ยท close 24.96 3 Oct 2025 ยท EMD 35/100 ยท close 24.94 10 Oct 2025 ยท EMD 48/100 ยท close 26.18 17 Oct 2025 ยท EMD 42/100 ยท close 26.02 24 Oct 2025 ยท EMD 41/100 ยท close 25.60 31 Oct 2025 ยท EMD 36/100 ยท close 23.86 7 Nov 2025 ยท EMD 34/100 ยท close 23.68 14 Nov 2025 ยท EMD 31/100 ยท close 23.02 21 Nov 2025 ยท EMD 37/100 ยท close 23.28 28 Nov 2025 ยท EMD 38/100 ยท close 23.90 5 Dec 2025 ยท EMD 31/100 ยท close 23.56 12 Dec 2025 ยท EMD 37/100 ยท close 23.86 19 Dec 2025 ยท EMD 40/100 ยท close 24.38 26 Dec 2025 ยท EMD 42/100 ยท close 24.76 2 Jan 2026 ยท EMD 46/100 ยท close 25.30 9 Jan 2026 ยท EMD 52/100 ยท close 26.10 16 Jan 2026 ยท EMD 56/100 ยท close 26.82 23 Jan 2026 ยท EMD 62/100 ยท close 27.32 30 Jan 2026 ยท EMD 64/100 ยท close 27.46 6 Feb 2026 ยท EMD 60/100 ยท close 26.48 13 Feb 2026 ยท EMD 58/100 ยท close 25.68 20 Feb 2026 ยท EMD 64/100 ยท close 26.26 27 Feb 2026 ยท EMD 65/100 ยท close 26.42 6 Mar 2026 ยท EMD 74/100 ยท close 27.50 13 Mar 2026 ยท EMD 72/100 ยท close 27.88 20 Mar 2026 ยท EMD 66/100 ยท close 26.84 27 Mar 2026 ยท EMD 76/100 ยท close 27.62 3 Apr 2026 ยท EMD 76/100 ยท close 27.84 10 Apr 2026 ยท EMD 75/100 ยท close 28.44 17 Apr 2026 ยท EMD 66/100 ยท close 27.96 24 Apr 2026 ยท EMD 68/100 ยท close 28.22 1 May 2026 ยท EMD 65/100 ยท close 27.42 8 May 2026 ยท EMD 75/100 ยท close 28.56 15 May 2026 ยท EMD 82/100 ยท close 29.70 22 May 2026 ยท EMD 79/100 ยท close 30.08 29 May 2026 ยท EMD 47/100 ยท close 24.80 5 Jun 2026 ยท EMD 50/100 ยท close 25.02 12 Jun 2026 ยท EMD 46/100 ยท close 26.32 19 Jun 2026 ยท EMD 41/100 ยท close 25.82 26 Jun 2026 ยท EMD 43/100 ยท close 25.58 3 Jul 2026 ยท EMD 42/100 ยท close 25.64 10 Jul 2026 ยท EMD 39/100 ยท close 25.68 17 Jul 2026 ยท EMD 39/100 ยท close 25.96 24 Jul 2026 ยท EMD 41/100 ยท close 26.16 31 Jul 2026 ยท EMD 46/100 ยท close 26.48 7 Aug 2026 ยท EMD 50/100 ยท close 27.00 14 Aug 2026 ยท EMD 50/100 ยท close 27.56 21 Aug 2026 ยท EMD 60/100 ยท close 28.24 28 Aug 2026 ยท EMD 69/100 ยท close 29.50 3 Nov 2023 ยท Up-cycle confirmed ยท close 17.45 15 Mar 2024 ยท Up-cycle confirmed ยท close 17.50 9 Aug 2024 ยท Up-cycle confirmed ยท close 17.16 25 Apr 2025 ยท Down-cycle confirmed ยท close 24.30 27 Jun 2025 ยท Down-cycle confirmed ยท close 26.96 29 May 2026 ยท Down-cycle confirmed ยท close 24.80 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 91%Current EMD +38.54-week EMD change +47.4156-week price range EUR 15.19โ€“30.58

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

68/1000.24

Strengthening beneath price
4-week change +1.09

02

Trend and deviation

59/100+8.9% vs Trend Line

Price structure supports the trend
Trend gate inactive

03

Momentum and SMI

83/1004w +11.4% ยท 13w +19.0%

Momentum is supportive
SMI 0.26

04

Price-volume pressure

81/10081% constructive pressure

Volume is confirming the close
Volume ratio 4.13x

05

Relative leadership

56/1001.37

Leadership is supportive
4-week change +9.94

06

Modeled Trend

70/100Modeled Trend 0.23

Modeled Trend is supportive
Smoothed Modeled Trend 0.43

Evidence context