VIE ยท EQUITY ยท ENHANCED MARKET DYNAMICS

AHLA

Alibaba Group Holding Limited

AT ยท Consumer Cyclical ยท Internet Retail

EMD SCORE44/100

CURRENT COMPLETED-WEEK READ

Balanced

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

Deterioration20% directional agreement74% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 102.60
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 EUR +100+500-50-100 167.30110.3753.44 8 Sep 2023 ยท EMD 56/100 ยท close 79.34 15 Sep 2023 ยท EMD 52/100 ยท close 77.31 22 Sep 2023 ยท EMD 62/100 ยท close 78.07 29 Sep 2023 ยท EMD 61/100 ยท close 77.74 6 Oct 2023 ยท EMD 49/100 ยท close 76.65 13 Oct 2023 ยท EMD 44/100 ยท close 75.57 20 Oct 2023 ยท EMD 39/100 ยท close 71.36 27 Oct 2023 ยท EMD 45/100 ยท close 74.05 3 Nov 2023 ยท EMD 46/100 ยท close 75.57 10 Nov 2023 ยท EMD 31/100 ยท close 72.73 17 Nov 2023 ยท EMD 28/100 ยท close 67.39 24 Nov 2023 ยท EMD 36/100 ยท close 67.77 1 Dec 2023 ยท EMD 26/100 ยท close 63.52 8 Dec 2023 ยท EMD 23/100 ยท close 62.48 15 Dec 2023 ยท EMD 35/100 ยท close 65.08 22 Dec 2023 ยท EMD 32/100 ยท close 65.53 29 Dec 2023 ยท EMD 37/100 ยท close 67.16 5 Jan 2024 ยท EMD 28/100 ยท close 64.14 12 Jan 2024 ยท EMD 30/100 ยท close 63.62 19 Jan 2024 ยท EMD 23/100 ยท close 59.54 26 Jan 2024 ยท EMD 35/100 ยท close 65.77 2 Feb 2024 ยท EMD 26/100 ยท close 63.23 9 Feb 2024 ยท EMD 27/100 ยท close 63.42 16 Feb 2024 ยท EMD 43/100 ยท close 66.44 23 Feb 2024 ยท EMD 42/100 ยท close 67.50 1 Mar 2024 ยท EMD 39/100 ยท close 66.30 8 Mar 2024 ยท EMD 41/100 ยท close 63.81 15 Mar 2024 ยท EMD 41/100 ยท close 64.96 22 Mar 2024 ยท EMD 40/100 ยท close 64.53 29 Mar 2024 ยท EMD 42/100 ยท close 64.33 5 Apr 2024 ยท EMD 35/100 ยท close 63.47 12 Apr 2024 ยท EMD 39/100 ยท close 65.29 19 Apr 2024 ยท EMD 36/100 ยท close 61.84 26 Apr 2024 ยท EMD 47/100 ยท close 67.69 3 May 2024 ยท EMD 56/100 ยท close 72.00 10 May 2024 ยท EMD 56/100 ยท close 71.24 17 May 2024 ยท EMD 71/100 ยท close 78.72 24 May 2024 ยท EMD 58/100 ยท close 71.24 31 May 2024 ยท EMD 56/100 ยท close 68.27 7 Jun 2024 ยท EMD 63/100 ยท close 70.09 14 Jun 2024 ยท EMD 52/100 ยท close 67.60 21 Jun 2024 ยท EMD 56/100 ยท close 67.89 28 Jun 2024 ยท EMD 52/100 ยท close 66.32 5 Jul 2024 ยท EMD 53/100 ยท close 67.30 12 Jul 2024 ยท EMD 65/100 ยท close 71.91 19 Jul 2024 ยท EMD 54/100 ยท close 67.89 26 Jul 2024 ยท EMD 57/100 ยท close 68.48 2 Aug 2024 ยท EMD 54/100 ยท close 68.58 9 Aug 2024 ยท EMD 69/100 ยท close 71.62 16 Aug 2024 ยท EMD 78/100 ยท close 74.85 23 Aug 2024 ยท EMD 76/100 ยท close 74.85 30 Aug 2024 ยท EMD 72/100 ยท close 73.48 6 Sep 2024 ยท EMD 71/100 ยท close 72.21 13 Sep 2024 ยท EMD 78/100 ยท close 75.05 20 Sep 2024 ยท EMD 83/100 ยท close 77.70 27 Sep 2024 ยท EMD 96/100 ยท close 95.16 4 Oct 2024 ยท EMD 92/100 ยท close 102.23 11 Oct 2024 ยท EMD 88/100 ยท close 98.89 18 Oct 2024 ยท EMD 84/100 ยท close 92.51 25 Oct 2024 ยท EMD 83/100 ยท close 88.79 1 Nov 2024 ยท EMD 82/100 ยท close 88.69 8 Nov 2024 ยท EMD 74/100 ยท close 86.24 15 Nov 2024 ยท EMD 66/100 ยท close 82.11 22 Nov 2024 ยท EMD 65/100 ยท close 78.19 29 Nov 2024 ยท EMD 72/100 ยท close 80.84 6 Dec 2024 ยท EMD 67/100 ยท close 80.05 13 Dec 2024 ยท EMD 59/100 ยท close 81.72 20 Dec 2024 ยท EMD 58/100 ยท close 77.90 27 Dec 2024 ยท EMD 64/100 ยท close 80.05 3 Jan 2025 ยท EMD 66/100 ยท close 81.33 10 Jan 2025 ยท EMD 48/100 ยท close 77.90 17 Jan 2025 ยท EMD 67/100 ยท close 80.64 24 Jan 2025 ยท EMD 65/100 ยท close 82.61 31 Jan 2025 ยท EMD 84/100 ยท close 95.16 7 Feb 2025 ยท EMD 90/100 ยท close 99.28 14 Feb 2025 ยท EMD 90/100 ยท close 114.39 21 Feb 2025 ยท EMD 96/100 ยท close 135.98 28 Feb 2025 ยท EMD 83/100 ยท close 125.38 7 Mar 2025 ยท EMD 89/100 ยท close 127.93 14 Mar 2025 ยท EMD 89/100 ยท close 126.16 21 Mar 2025 ยท EMD 78/100 ยท close 123.22 28 Mar 2025 ยท EMD 82/100 ยท close 119.89 4 Apr 2025 ยท EMD 74/100 ยท close 102.82 11 Apr 2025 ยท EMD 57/100 ยท close 88.79 18 Apr 2025 ยท EMD 58/100 ยท close 93.99 25 Apr 2025 ยท EMD 73/100 ยท close 103.01 2 May 2025 ยท EMD 75/100 ยท close 107.92 9 May 2025 ยท EMD 72/100 ยท close 109.49 16 May 2025 ยท EMD 65/100 ยท close 109.88 23 May 2025 ยท EMD 56/100 ยท close 104.19 30 May 2025 ยท EMD 49/100 ยท close 98.30 6 Jun 2025 ยท EMD 55/100 ยท close 102.23 13 Jun 2025 ยท EMD 49/100 ยท close 98.50 20 Jun 2025 ยท EMD 42/100 ยท close 98.30 27 Jun 2025 ยท EMD 43/100 ยท close 97.70 4 Jul 2025 ยท EMD 34/100 ยท close 91.20 11 Jul 2025 ยท EMD 38/100 ยท close 91.30 18 Jul 2025 ยท EMD 53/100 ยท close 103.80 25 Jul 2025 ยท EMD 44/100 ยท close 102.20 1 Aug 2025 ยท EMD 44/100 ยท close 101.00 8 Aug 2025 ยท EMD 46/100 ยท close 102.20 15 Aug 2025 ยท EMD 43/100 ยท close 103.40 22 Aug 2025 ยท EMD 47/100 ยท close 105.00 29 Aug 2025 ยท EMD 69/100 ยท close 113.40 5 Sep 2025 ยท EMD 58/100 ยท close 114.00 12 Sep 2025 ยท EMD 78/100 ยท close 130.60 19 Sep 2025 ยท EMD 82/100 ยท close 139.40 26 Sep 2025 ยท EMD 87/100 ยท close 146.80 3 Oct 2025 ยท EMD 90/100 ยท close 161.20 10 Oct 2025 ยท EMD 79/100 ยท close 145.00 17 Oct 2025 ยท EMD 85/100 ยท close 141.40 24 Oct 2025 ยท EMD 86/100 ยท close 151.40 31 Oct 2025 ยท EMD 77/100 ยท close 147.80 7 Nov 2025 ยท EMD 76/100 ยท close 140.60 14 Nov 2025 ยท EMD 73/100 ยท close 134.20 21 Nov 2025 ยท EMD 70/100 ยท close 130.80 28 Nov 2025 ยท EMD 67/100 ยท close 135.80 5 Dec 2025 ยท EMD 67/100 ยท close 135.60 12 Dec 2025 ยท EMD 62/100 ยท close 131.80 19 Dec 2025 ยท EMD 56/100 ยท close 128.40 26 Dec 2025 ยท EMD 55/100 ยท close 127.40 2 Jan 2026 ยท EMD 56/100 ยท close 131.60 9 Jan 2026 ยท EMD 53/100 ยท close 129.20 16 Jan 2026 ยท EMD 64/100 ยท close 141.80 23 Jan 2026 ยท EMD 71/100 ยท close 147.00 30 Jan 2026 ยท EMD 65/100 ยท close 145.00 6 Feb 2026 ยท EMD 56/100 ยท close 135.80 13 Feb 2026 ยท EMD 53/100 ยท close 132.40 20 Feb 2026 ยท EMD 51/100 ยท close 131.00 27 Feb 2026 ยท EMD 37/100 ยท close 122.40 6 Mar 2026 ยท EMD 31/100 ยท close 113.60 13 Mar 2026 ยท EMD 39/100 ยท close 118.00 20 Mar 2026 ยท EMD 26/100 ยท close 107.00 27 Mar 2026 ยท EMD 30/100 ยท close 107.00 3 Apr 2026 ยท EMD 29/100 ยท close 105.20 10 Apr 2026 ยท EMD 33/100 ยท close 107.90 17 Apr 2026 ยท EMD 39/100 ยท close 119.18 24 Apr 2026 ยท EMD 33/100 ยท close 114.03 1 May 2026 ยท EMD 32/100 ยท close 111.66 8 May 2026 ยท EMD 35/100 ยท close 118.59 15 May 2026 ยท EMD 27/100 ยท close 113.44 22 May 2026 ยท EMD 30/100 ยท close 111.06 29 May 2026 ยท EMD 29/100 ยท close 105.72 5 Jun 2026 ยท EMD 28/100 ยท close 105.12 12 Jun 2026 ยท EMD 29/100 ยท close 96.80 19 Jun 2026 ยท EMD 28/100 ยท close 93.30 26 Jun 2026 ยท EMD 36/100 ยท close 83.70 3 Jul 2026 ยท EMD 27/100 ยท close 84.40 10 Jul 2026 ยท EMD 28/100 ยท close 98.70 17 Jul 2026 ยท EMD 36/100 ยท close 100.60 24 Jul 2026 ยท EMD 40/100 ยท close 99.40 31 Jul 2026 ยท EMD 47/100 ยท close 105.80 7 Aug 2026 ยท EMD 42/100 ยท close 110.80 14 Aug 2026 ยท EMD 40/100 ยท close 107.00 21 Aug 2026 ยท EMD 38/100 ยท close 104.00 28 Aug 2026 ยท EMD 44/100 ยท close 102.60 3 May 2024 ยท Up-cycle confirmed ยท close 72.00 12 Jul 2024 ยท Up-cycle confirmed ยท close 71.91 10 Oct 2025 ยท Down-cycle confirmed ยท close 145.00 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 61%Current EMD -11.94-week EMD change -5.8156-week price range EUR 59.54โ€“161.20

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

70/1001.01

Strengthening beneath price
4-week change +0.98

02

Trend and deviation

12/100-5.8% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

48/1004w -3.0% ยท 13w -2.9%

Momentum is applying downside pressure
SMI 0.21

04

Price-volume pressure

65/10065% constructive pressure

Volume is confirming the close
Volume ratio 1.27x

05

Relative leadership

0/100-32.16

The ticker is lagging its benchmark
4-week change -3.94

06

Modeled Trend

58/100Modeled Trend 0.12

Modeled Trend is supportive
Smoothed Modeled Trend 0.13

Evidence context