MCE ยท EQUITY ยท ENHANCED MARKET DYNAMICS

COM

Catenon, S.A.

ES ยท Industrials ยท Staffing & Employment Services

EMD SCORE49/100

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 agreement68% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 1.02
Evidence
156 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.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท EUR +100+500-50-100 1.360.95750.5515 8 Sep 2023 ยท EMD 34/100 ยท close 0.9973 15 Sep 2023 ยท EMD 29/100 ยท close 0.973 22 Sep 2023 ยท EMD 30/100 ยท close 0.9244 29 Sep 2023 ยท EMD 31/100 ยท close 0.8991 6 Oct 2023 ยท EMD 25/100 ยท close 0.90 13 Oct 2023 ยท EMD 28/100 ยท close 0.948 20 Oct 2023 ยท EMD 25/100 ยท close 0.89 27 Oct 2023 ยท EMD 23/100 ยท close 0.82 3 Nov 2023 ยท EMD 31/100 ยท close 0.876 10 Nov 2023 ยท EMD 27/100 ยท close 0.90 17 Nov 2023 ยท EMD 31/100 ยท close 0.902 24 Nov 2023 ยท EMD 42/100 ยท close 0.988 1 Dec 2023 ยท EMD 45/100 ยท close 1.03 8 Dec 2023 ยท EMD 42/100 ยท close 1.00 15 Dec 2023 ยท EMD 37/100 ยท close 0.934 22 Dec 2023 ยท EMD 36/100 ยท close 0.936 29 Dec 2023 ยท EMD 34/100 ยท close 0.852 5 Jan 2024 ยท EMD 39/100 ยท close 0.912 12 Jan 2024 ยท EMD 30/100 ยท close 0.88 19 Jan 2024 ยท EMD 33/100 ยท close 0.85 26 Jan 2024 ยท EMD 34/100 ยท close 0.808 2 Feb 2024 ยท EMD 31/100 ยท close 0.78 9 Feb 2024 ยท EMD 30/100 ยท close 0.75 16 Feb 2024 ยท EMD 25/100 ยท close 0.68 23 Feb 2024 ยท EMD 26/100 ยท close 0.70 1 Mar 2024 ยท EMD 27/100 ยท close 0.70 8 Mar 2024 ยท EMD 28/100 ยท close 0.71 15 Mar 2024 ยท EMD 44/100 ยท close 0.85 22 Mar 2024 ยท EMD 32/100 ยท close 0.788 29 Mar 2024 ยท EMD 36/100 ยท close 0.76 5 Apr 2024 ยท EMD 30/100 ยท close 0.73 12 Apr 2024 ยท EMD 24/100 ยท close 0.68 19 Apr 2024 ยท EMD 23/100 ยท close 0.62 26 Apr 2024 ยท EMD 24/100 ยท close 0.61 3 May 2024 ยท EMD 33/100 ยท close 0.63 10 May 2024 ยท EMD 45/100 ยท close 0.80 17 May 2024 ยท EMD 53/100 ยท close 0.905 24 May 2024 ยท EMD 51/100 ยท close 0.86 31 May 2024 ยท EMD 61/100 ยท close 0.925 7 Jun 2024 ยท EMD 60/100 ยท close 0.93 14 Jun 2024 ยท EMD 57/100 ยท close 0.915 21 Jun 2024 ยท EMD 60/100 ยท close 0.91 28 Jun 2024 ยท EMD 52/100 ยท close 0.84 5 Jul 2024 ยท EMD 47/100 ยท close 0.79 12 Jul 2024 ยท EMD 58/100 ยท close 0.825 19 Jul 2024 ยท EMD 71/100 ยท close 0.94 26 Jul 2024 ยท EMD 83/100 ยท close 0.97 2 Aug 2024 ยท EMD 75/100 ยท close 0.97 9 Aug 2024 ยท EMD 65/100 ยท close 0.86 16 Aug 2024 ยท EMD 64/100 ยท close 0.86 23 Aug 2024 ยท EMD 59/100 ยท close 0.86 30 Aug 2024 ยท EMD 53/100 ยท close 0.86 6 Sep 2024 ยท EMD 49/100 ยท close 0.81 13 Sep 2024 ยท EMD 47/100 ยท close 0.795 20 Sep 2024 ยท EMD 50/100 ยท close 0.815 27 Sep 2024 ยท EMD 37/100 ยท close 0.77 4 Oct 2024 ยท EMD 43/100 ยท close 0.785 11 Oct 2024 ยท EMD 35/100 ยท close 0.74 18 Oct 2024 ยท EMD 30/100 ยท close 0.705 25 Oct 2024 ยท EMD 30/100 ยท close 0.70 1 Nov 2024 ยท EMD 39/100 ยท close 0.75 8 Nov 2024 ยท EMD 35/100 ยท close 0.765 15 Nov 2024 ยท EMD 38/100 ยท close 0.77 22 Nov 2024 ยท EMD 38/100 ยท close 0.77 29 Nov 2024 ยท EMD 42/100 ยท close 0.79 6 Dec 2024 ยท EMD 32/100 ยท close 0.74 13 Dec 2024 ยท EMD 27/100 ยท close 0.705 20 Dec 2024 ยท EMD 28/100 ยท close 0.67 27 Dec 2024 ยท EMD 26/100 ยท close 0.66 3 Jan 2025 ยท EMD 40/100 ยท close 0.70 10 Jan 2025 ยท EMD 28/100 ยท close 0.67 17 Jan 2025 ยท EMD 36/100 ยท close 0.67 24 Jan 2025 ยท EMD 31/100 ยท close 0.635 31 Jan 2025 ยท EMD 32/100 ยท close 0.635 7 Feb 2025 ยท EMD 38/100 ยท close 0.73 14 Feb 2025 ยท EMD 36/100 ยท close 0.74 21 Feb 2025 ยท EMD 43/100 ยท close 0.745 28 Feb 2025 ยท EMD 45/100 ยท close 0.73 7 Mar 2025 ยท EMD 33/100 ยท close 0.68 14 Mar 2025 ยท EMD 35/100 ยท close 0.615 21 Mar 2025 ยท EMD 39/100 ยท close 0.66 28 Mar 2025 ยท EMD 37/100 ยท close 0.665 4 Apr 2025 ยท EMD 29/100 ยท close 0.595 11 Apr 2025 ยท EMD 36/100 ยท close 0.625 18 Apr 2025 ยท EMD 32/100 ยท close 0.62 25 Apr 2025 ยท EMD 50/100 ยท close 0.78 2 May 2025 ยท EMD 68/100 ยท close 0.89 9 May 2025 ยท EMD 65/100 ยท close 0.90 16 May 2025 ยท EMD 87/100 ยท close 1.11 23 May 2025 ยท EMD 76/100 ยท close 1.00 30 May 2025 ยท EMD 85/100 ยท close 1.06 6 Jun 2025 ยท EMD 88/100 ยท close 1.11 13 Jun 2025 ยท EMD 87/100 ยท close 1.14 20 Jun 2025 ยท EMD 90/100 ยท close 1.31 27 Jun 2025 ยท EMD 83/100 ยท close 1.23 4 Jul 2025 ยท EMD 90/100 ยท close 1.32 11 Jul 2025 ยท EMD 89/100 ยท close 1.30 18 Jul 2025 ยท EMD 86/100 ยท close 1.30 25 Jul 2025 ยท EMD 80/100 ยท close 1.22 1 Aug 2025 ยท EMD 82/100 ยท close 1.21 8 Aug 2025 ยท EMD 80/100 ยท close 1.15 15 Aug 2025 ยท EMD 58/100 ยท close 1.00 22 Aug 2025 ยท EMD 73/100 ยท close 1.09 29 Aug 2025 ยท EMD 70/100 ยท close 1.12 5 Sep 2025 ยท EMD 69/100 ยท close 1.12 12 Sep 2025 ยท EMD 67/100 ยท close 1.08 19 Sep 2025 ยท EMD 60/100 ยท close 1.05 26 Sep 2025 ยท EMD 58/100 ยท close 1.05 3 Oct 2025 ยท EMD 55/100 ยท close 1.04 10 Oct 2025 ยท EMD 77/100 ยท close 1.23 17 Oct 2025 ยท EMD 68/100 ยท close 1.15 24 Oct 2025 ยท EMD 70/100 ยท close 1.15 31 Oct 2025 ยท EMD 61/100 ยท close 1.09 7 Nov 2025 ยท EMD 51/100 ยท close 1.06 14 Nov 2025 ยท EMD 40/100 ยท close 1.02 21 Nov 2025 ยท EMD 39/100 ยท close 0.99 28 Nov 2025 ยท EMD 40/100 ยท close 1.01 5 Dec 2025 ยท EMD 37/100 ยท close 1.01 12 Dec 2025 ยท EMD 43/100 ยท close 1.04 19 Dec 2025 ยท EMD 46/100 ยท close 1.08 26 Dec 2025 ยท EMD 40/100 ยท close 1.03 2 Jan 2026 ยท EMD 39/100 ยท close 1.01 9 Jan 2026 ยท EMD 29/100 ยท close 0.98 16 Jan 2026 ยท EMD 49/100 ยท close 1.11 23 Jan 2026 ยท EMD 38/100 ยท close 1.08 30 Jan 2026 ยท EMD 35/100 ยท close 1.02 6 Feb 2026 ยท EMD 48/100 ยท close 1.07 13 Feb 2026 ยท EMD 37/100 ยท close 1.01 20 Feb 2026 ยท EMD 37/100 ยท close 1.01 27 Feb 2026 ยท EMD 35/100 ยท close 0.99 6 Mar 2026 ยท EMD 34/100 ยท close 0.95 13 Mar 2026 ยท EMD 32/100 ยท close 0.92 20 Mar 2026 ยท EMD 28/100 ยท close 0.89 27 Mar 2026 ยท EMD 35/100 ยท close 0.95 3 Apr 2026 ยท EMD 34/100 ยท close 0.96 10 Apr 2026 ยท EMD 40/100 ยท close 1.02 17 Apr 2026 ยท EMD 41/100 ยท close 1.02 24 Apr 2026 ยท EMD 40/100 ยท close 1.00 1 May 2026 ยท EMD 42/100 ยท close 1.00 8 May 2026 ยท EMD 57/100 ยท close 1.12 15 May 2026 ยท EMD 45/100 ยท close 1.05 22 May 2026 ยท EMD 46/100 ยท close 0.998 29 May 2026 ยท EMD 60/100 ยท close 1.12 5 Jun 2026 ยท EMD 55/100 ยท close 1.04 12 Jun 2026 ยท EMD 53/100 ยท close 1.01 19 Jun 2026 ยท EMD 46/100 ยท close 0.978 26 Jun 2026 ยท EMD 40/100 ยท close 0.95 3 Jul 2026 ยท EMD 38/100 ยท close 0.94 10 Jul 2026 ยท EMD 51/100 ยท close 1.08 17 Jul 2026 ยท EMD 40/100 ยท close 0.98 24 Jul 2026 ยท EMD 44/100 ยท close 0.99 31 Jul 2026 ยท EMD 40/100 ยท close 0.97 7 Aug 2026 ยท EMD 41/100 ยท close 0.99 14 Aug 2026 ยท EMD 51/100 ยท close 1.04 21 Aug 2026 ยท EMD 45/100 ยท close 1.02 28 Aug 2026 ยท EMD 49/100 ยท close 1.02 10 May 2024 ยท Up-cycle confirmed ยท close 0.80 7 Feb 2025 ยท Up-cycle confirmed ยท close 0.73 21 Mar 2025 ยท Up-cycle confirmed ยท close 0.66 25 Apr 2025 ยท Up-cycle confirmed ยท close 0.78 27 Jun 2025 ยท Down-cycle confirmed ยท close 1.23 25 Jul 2025 ยท Down-cycle confirmed ยท close 1.22 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 81%Current EMD -1.84-week EMD change +18.7156-week price range EUR 0.595โ€“1.32

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

48/100-0.13

Cautious pressure beneath price
4-week change -0.06

02

Trend and deviation

74/100+1.7% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

55/1004w +5.2% ยท 13w -8.9%

Momentum is supportive
SMI 0.14

04

Price-volume pressure

39/10039% constructive pressure

Volume is leaning against the close
Volume ratio 0.94x

05

Relative leadership

9/100-13.75

The ticker is lagging its benchmark
4-week change +5.36

06

Modeled Trend

67/100Modeled Trend 0.30

Modeled Trend is supportive
Smoothed Modeled Trend 0.23

Evidence context