LSE ยท ETF ยท ENHANCED MARKET DYNAMICS

ARAW

ABRDN III ICAV ABRDN ARAW UCITS

GB

EMD SCORE65/100

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
GBP 191.60
Evidence
57 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 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.
1 Aug 2025โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท GBP +100+500-50-100 212.23150.0887.92 1 Aug 2025 ยท EMD 42/100 ยท close 94.58 8 Aug 2025 ยท EMD 51/100 ยท close 102.27 15 Aug 2025 ยท EMD 49/100 ยท close 105.60 22 Aug 2025 ยท EMD 49/100 ยท close 104.84 29 Aug 2025 ยท EMD 54/100 ยท close 109.09 5 Sep 2025 ยท EMD 50/100 ยท close 109.52 12 Sep 2025 ยท EMD 53/100 ยท close 113.08 19 Sep 2025 ยท EMD 55/100 ยท close 116.59 26 Sep 2025 ยท EMD 58/100 ยท close 121.89 3 Oct 2025 ยท EMD 61/100 ยท close 130.63 10 Oct 2025 ยท EMD 51/100 ยท close 133.00 17 Oct 2025 ยท EMD 48/100 ยท close 132.23 24 Oct 2025 ยท EMD 63/100 ยท close 178.25 31 Oct 2025 ยท EMD 55/100 ยท close 136.30 7 Nov 2025 ยท EMD 51/100 ยท close 131.20 14 Nov 2025 ยท EMD 53/100 ยท close 137.43 21 Nov 2025 ยท EMD 46/100 ยท close 132.60 28 Nov 2025 ยท EMD 54/100 ยท close 142.65 5 Dec 2025 ยท EMD 56/100 ยท close 147.46 12 Dec 2025 ยท EMD 55/100 ยท close 148.15 19 Dec 2025 ยท EMD 57/100 ยท close 151.26 26 Dec 2025 ยท EMD 56/100 ยท close 156.47 2 Jan 2026 ยท EMD 55/100 ยท close 159.21 9 Jan 2026 ยท EMD 64/100 ยท close 175.00 16 Jan 2026 ยท EMD 56/100 ยท close 180.86 23 Jan 2026 ยท EMD 59/100 ยท close 189.45 30 Jan 2026 ยท EMD 50/100 ยท close 183.22 6 Feb 2026 ยท EMD 56/100 ยท close 180.50 13 Feb 2026 ยท EMD 57/100 ยท close 185.54 20 Feb 2026 ยท EMD 88/100 ยท close 188.81 27 Feb 2026 ยท EMD 89/100 ยท close 205.57 6 Mar 2026 ยท EMD 76/100 ยท close 188.98 13 Mar 2026 ยท EMD 81/100 ยท close 183.08 20 Mar 2026 ยท EMD 67/100 ยท close 163.08 27 Mar 2026 ยท EMD 73/100 ยท close 169.84 3 Apr 2026 ยท EMD 75/100 ยท close 181.41 10 Apr 2026 ยท EMD 73/100 ยท close 192.26 17 Apr 2026 ยท EMD 78/100 ยท close 201.02 24 Apr 2026 ยท EMD 68/100 ยท close 191.84 1 May 2026 ยท EMD 73/100 ยท close 190.84 8 May 2026 ยท EMD 73/100 ยท close 196.62 15 May 2026 ยท EMD 62/100 ยท close 191.98 22 May 2026 ยท EMD 71/100 ยท close 190.19 29 May 2026 ยท EMD 67/100 ยท close 195.94 5 Jun 2026 ยท EMD 61/100 ยท close 186.10 12 Jun 2026 ยท EMD 62/100 ยท close 188.23 19 Jun 2026 ยท EMD 60/100 ยท close 187.20 26 Jun 2026 ยท EMD 52/100 ยท close 170.41 3 Jul 2026 ยท EMD 44/100 ยท close 170.39 10 Jul 2026 ยท EMD 41/100 ยท close 162.92 17 Jul 2026 ยท EMD 41/100 ยท close 156.48 24 Jul 2026 ยท EMD 41/100 ยท close 166.32 31 Jul 2026 ยท EMD 38/100 ยท close 163.21 7 Aug 2026 ยท EMD 59/100 ยท close 182.85 14 Aug 2026 ยท EMD 46/100 ยท close 178.75 21 Aug 2026 ยท EMD 62/100 ยท close 185.23 28 Aug 2026 ยท EMD 65/100 ยท close 191.60 15 Aug 2025 ยท Up-cycle confirmed ยท close 105.60 6 Mar 2026 ยท Down-cycle confirmed ยท close 188.98 1 May 2026 ยท Down-cycle confirmed ยท close 190.84 1 Aug 202513 Feb 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 90%Current EMD +30.64-week EMD change +55.0156-week price range GBP 94.58โ€“205.57

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

45/100-0.19

Cautious pressure beneath price
4-week change +1.59

02

Trend and deviation

50/100+4.8% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

74/1004w +17.4% ยท 13w -2.2%

Momentum is supportive
SMI 0.40

04

Price-volume pressure

67/10067% constructive pressure

Volume is confirming the close
Volume ratio 6.76x

05

Relative leadership

79/1007.93

Leadership is supportive
4-week change +13.90

06

Modeled Trend

77/100Modeled Trend 0.45

Modeled Trend is supportive
Smoothed Modeled Trend 0.46

Evidence context