CBOE ยท ETF ยท ENHANCED MARKET DYNAMICS

ARKX

ARK SPACE & DEFENSE INNOVATION ETF

US

EMD SCORE51/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build0% directional agreement68% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 32.35
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

3 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 USD +100+500-50-100 38.8625.0311.20 8 Sep 2023 ยท EMD 52/100 ยท close 14.37 15 Sep 2023 ยท EMD 48/100 ยท close 14.15 22 Sep 2023 ยท EMD 39/100 ยท close 13.66 29 Sep 2023 ยท EMD 47/100 ยท close 13.78 6 Oct 2023 ยท EMD 40/100 ยท close 13.49 13 Oct 2023 ยท EMD 37/100 ยท close 13.50 20 Oct 2023 ยท EMD 36/100 ยท close 13.19 27 Oct 2023 ยท EMD 33/100 ยท close 12.68 3 Nov 2023 ยท EMD 43/100 ยท close 13.46 10 Nov 2023 ยท EMD 39/100 ยท close 13.37 17 Nov 2023 ยท EMD 47/100 ยท close 14.03 24 Nov 2023 ยท EMD 50/100 ยท close 14.25 1 Dec 2023 ยท EMD 58/100 ยท close 14.79 8 Dec 2023 ยท EMD 55/100 ยท close 14.69 15 Dec 2023 ยท EMD 62/100 ยท close 15.20 22 Dec 2023 ยท EMD 67/100 ยท close 15.43 29 Dec 2023 ยท EMD 58/100 ยท close 15.41 5 Jan 2024 ยท EMD 53/100 ยท close 14.58 12 Jan 2024 ยท EMD 55/100 ยท close 14.68 19 Jan 2024 ยท EMD 53/100 ยท close 14.46 26 Jan 2024 ยท EMD 49/100 ยท close 14.41 2 Feb 2024 ยท EMD 49/100 ยท close 14.25 9 Feb 2024 ยท EMD 62/100 ยท close 14.65 16 Feb 2024 ยท EMD 62/100 ยท close 14.83 23 Feb 2024 ยท EMD 52/100 ยท close 14.40 1 Mar 2024 ยท EMD 59/100 ยท close 14.57 8 Mar 2024 ยท EMD 61/100 ยท close 15.05 15 Mar 2024 ยท EMD 51/100 ยท close 14.57 22 Mar 2024 ยท EMD 57/100 ยท close 14.78 29 Mar 2024 ยท EMD 59/100 ยท close 14.94 5 Apr 2024 ยท EMD 53/100 ยท close 14.62 12 Apr 2024 ยท EMD 51/100 ยท close 14.40 19 Apr 2024 ยท EMD 49/100 ยท close 14.09 26 Apr 2024 ยท EMD 59/100 ยท close 14.83 3 May 2024 ยท EMD 59/100 ยท close 14.96 10 May 2024 ยท EMD 60/100 ยท close 15.19 17 May 2024 ยท EMD 69/100 ยท close 15.60 24 May 2024 ยท EMD 62/100 ยท close 15.41 31 May 2024 ยท EMD 63/100 ยท close 15.20 7 Jun 2024 ยท EMD 58/100 ยท close 15.02 14 Jun 2024 ยท EMD 54/100 ยท close 14.79 21 Jun 2024 ยท EMD 56/100 ยท close 14.91 28 Jun 2024 ยท EMD 55/100 ยท close 14.92 5 Jul 2024 ยท EMD 60/100 ยท close 15.20 12 Jul 2024 ยท EMD 63/100 ยท close 15.55 19 Jul 2024 ยท EMD 57/100 ยท close 15.24 26 Jul 2024 ยท EMD 63/100 ยท close 15.39 2 Aug 2024 ยท EMD 49/100 ยท close 14.32 9 Aug 2024 ยท EMD 47/100 ยท close 14.40 16 Aug 2024 ยท EMD 50/100 ยท close 15.21 23 Aug 2024 ยท EMD 54/100 ยท close 15.34 30 Aug 2024 ยท EMD 56/100 ยท close 15.33 6 Sep 2024 ยท EMD 48/100 ยท close 14.44 13 Sep 2024 ยท EMD 56/100 ยท close 15.33 20 Sep 2024 ยท EMD 58/100 ยท close 15.54 27 Sep 2024 ยท EMD 65/100 ยท close 16.21 4 Oct 2024 ยท EMD 70/100 ยท close 16.47 11 Oct 2024 ยท EMD 72/100 ยท close 16.58 18 Oct 2024 ยท EMD 73/100 ยท close 16.82 25 Oct 2024 ยท EMD 65/100 ยท close 16.38 1 Nov 2024 ยท EMD 72/100 ยท close 16.42 8 Nov 2024 ยท EMD 87/100 ยท close 17.74 15 Nov 2024 ยท EMD 70/100 ยท close 17.67 22 Nov 2024 ยท EMD 93/100 ยท close 18.83 29 Nov 2024 ยท EMD 95/100 ยท close 20.17 6 Dec 2024 ยท EMD 90/100 ยท close 19.98 13 Dec 2024 ยท EMD 82/100 ยท close 19.60 20 Dec 2024 ยท EMD 86/100 ยท close 19.53 27 Dec 2024 ยท EMD 86/100 ยท close 20.16 3 Jan 2025 ยท EMD 89/100 ยท close 20.56 10 Jan 2025 ยท EMD 77/100 ยท close 19.61 17 Jan 2025 ยท EMD 86/100 ยท close 20.15 24 Jan 2025 ยท EMD 89/100 ยท close 21.48 31 Jan 2025 ยท EMD 84/100 ยท close 20.86 7 Feb 2025 ยท EMD 85/100 ยท close 20.67 14 Feb 2025 ยท EMD 84/100 ยท close 20.83 21 Feb 2025 ยท EMD 70/100 ยท close 19.74 28 Feb 2025 ยท EMD 70/100 ยท close 19.16 7 Mar 2025 ยท EMD 63/100 ยท close 18.77 14 Mar 2025 ยท EMD 62/100 ยท close 18.47 21 Mar 2025 ยท EMD 61/100 ยท close 18.66 28 Mar 2025 ยท EMD 50/100 ยท close 17.98 4 Apr 2025 ยท EMD 44/100 ยท close 16.06 11 Apr 2025 ยท EMD 51/100 ยท close 17.69 18 Apr 2025 ยท EMD 48/100 ยท close 17.63 25 Apr 2025 ยท EMD 53/100 ยท close 18.48 2 May 2025 ยท EMD 60/100 ยท close 19.47 9 May 2025 ยท EMD 56/100 ยท close 19.30 16 May 2025 ยท EMD 69/100 ยท close 21.01 23 May 2025 ยท EMD 63/100 ยท close 20.29 30 May 2025 ยท EMD 69/100 ยท close 20.87 6 Jun 2025 ยท EMD 78/100 ยท close 21.74 13 Jun 2025 ยท EMD 66/100 ยท close 21.68 20 Jun 2025 ยท EMD 83/100 ยท close 21.99 27 Jun 2025 ยท EMD 93/100 ยท close 23.84 4 Jul 2025 ยท EMD 88/100 ยท close 23.93 11 Jul 2025 ยท EMD 93/100 ยท close 24.97 18 Jul 2025 ยท EMD 96/100 ยท close 27.40 25 Jul 2025 ยท EMD 88/100 ยท close 26.68 1 Aug 2025 ยท EMD 81/100 ยท close 25.55 8 Aug 2025 ยท EMD 83/100 ยท close 26.39 15 Aug 2025 ยท EMD 80/100 ยท close 26.58 22 Aug 2025 ยท EMD 87/100 ยท close 26.24 29 Aug 2025 ยท EMD 81/100 ยท close 26.19 5 Sep 2025 ยท EMD 82/100 ยท close 25.72 12 Sep 2025 ยท EMD 83/100 ยท close 26.29 19 Sep 2025 ยท EMD 86/100 ยท close 27.55 26 Sep 2025 ยท EMD 83/100 ยท close 27.86 3 Oct 2025 ยท EMD 88/100 ยท close 30.26 10 Oct 2025 ยท EMD 78/100 ยท close 30.30 17 Oct 2025 ยท EMD 77/100 ยท close 29.86 24 Oct 2025 ยท EMD 89/100 ยท close 30.86 31 Oct 2025 ยท EMD 87/100 ยท close 31.36 7 Nov 2025 ยท EMD 75/100 ยท close 28.60 14 Nov 2025 ยท EMD 71/100 ยท close 27.64 21 Nov 2025 ยท EMD 62/100 ยท close 26.01 28 Nov 2025 ยท EMD 65/100 ยท close 27.32 5 Dec 2025 ยท EMD 70/100 ยท close 28.41 12 Dec 2025 ยท EMD 66/100 ยท close 28.68 19 Dec 2025 ยท EMD 74/100 ยท close 29.23 26 Dec 2025 ยท EMD 67/100 ยท close 29.52 2 Jan 2026 ยท EMD 78/100 ยท close 30.02 9 Jan 2026 ยท EMD 88/100 ยท close 33.44 16 Jan 2026 ยท EMD 90/100 ยท close 35.17 23 Jan 2026 ยท EMD 80/100 ยท close 33.75 30 Jan 2026 ยท EMD 73/100 ยท close 31.99 6 Feb 2026 ยท EMD 82/100 ยท close 31.69 13 Feb 2026 ยท EMD 73/100 ยท close 31.38 20 Feb 2026 ยท EMD 81/100 ยท close 32.55 27 Feb 2026 ยท EMD 78/100 ยท close 31.96 6 Mar 2026 ยท EMD 71/100 ยท close 31.25 13 Mar 2026 ยท EMD 68/100 ยท close 30.74 20 Mar 2026 ยท EMD 61/100 ยท close 30.15 27 Mar 2026 ยท EMD 55/100 ยท close 28.93 3 Apr 2026 ยท EMD 58/100 ยท close 30.32 10 Apr 2026 ยท EMD 64/100 ยท close 31.37 17 Apr 2026 ยท EMD 71/100 ยท close 33.59 24 Apr 2026 ยท EMD 65/100 ยท close 32.97 1 May 2026 ยท EMD 72/100 ยท close 32.78 8 May 2026 ยท EMD 80/100 ยท close 34.34 15 May 2026 ยท EMD 66/100 ยท close 33.84 22 May 2026 ยท EMD 85/100 ยท close 35.42 29 May 2026 ยท EMD 88/100 ยท close 37.38 5 Jun 2026 ยท EMD 69/100 ยท close 34.04 12 Jun 2026 ยท EMD 76/100 ยท close 33.78 19 Jun 2026 ยท EMD 72/100 ยท close 34.56 26 Jun 2026 ยท EMD 57/100 ยท close 31.93 3 Jul 2026 ยท EMD 70/100 ยท close 33.87 10 Jul 2026 ยท EMD 54/100 ยท close 32.05 17 Jul 2026 ยท EMD 40/100 ยท close 30.30 24 Jul 2026 ยท EMD 40/100 ยท close 30.37 31 Jul 2026 ยท EMD 41/100 ยท close 30.60 7 Aug 2026 ยท EMD 55/100 ยท close 34.27 14 Aug 2026 ยท EMD 56/100 ยท close 34.86 21 Aug 2026 ยท EMD 55/100 ยท close 33.25 28 Aug 2026 ยท EMD 51/100 ยท close 32.35 1 Dec 2023 ยท Up-cycle confirmed ยท close 14.79 10 May 2024 ยท Up-cycle confirmed ยท close 15.19 16 Aug 2024 ยท Up-cycle confirmed ยท close 15.21 13 Sep 2024 ยท Up-cycle confirmed ยท close 15.33 5 Jun 2026 ยท Down-cycle confirmed ยท close 34.04 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 86%Current EMD +2.44-week EMD change +21.1156-week price range USD 12.68โ€“37.38

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

35/100-0.65

Cautious pressure beneath price
4-week change +0.50

02

Trend and deviation

65/100-0.7% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

59/1004w +5.7% ยท 13w -13.5%

Momentum is supportive
SMI 0.40

04

Price-volume pressure

43/10043% constructive pressure

Volume is leaning against the close
Volume ratio 0.58x

05

Relative leadership

26/100-6.19

The ticker is lagging its benchmark
4-week change +2.07

06

Modeled Trend

81/100Modeled Trend 0.53

Modeled Trend is supportive
Smoothed Modeled Trend 0.59

Evidence context