NASDAQ ยท ETF ยท ENHANCED MARKET DYNAMICS

AMID

ARGENT MID CAP ETF

US

EMD SCORE64/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions remain positive, but momentum has eased.

Constructive fade33% directional agreement79% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 36.51
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 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 38.4630.8923.33 8 Sep 2023 ยท EMD 56/100 ยท close 26.73 15 Sep 2023 ยท EMD 53/100 ยท close 26.45 22 Sep 2023 ยท EMD 51/100 ยท close 25.66 29 Sep 2023 ยท EMD 54/100 ยท close 25.66 6 Oct 2023 ยท EMD 54/100 ยท close 25.54 13 Oct 2023 ยท EMD 49/100 ยท close 25.55 20 Oct 2023 ยท EMD 35/100 ยท close 24.77 27 Oct 2023 ยท EMD 38/100 ยท close 24.14 3 Nov 2023 ยท EMD 49/100 ยท close 25.81 10 Nov 2023 ยท EMD 48/100 ยท close 25.96 17 Nov 2023 ยท EMD 55/100 ยท close 26.88 24 Nov 2023 ยท EMD 68/100 ยท close 27.32 1 Dec 2023 ยท EMD 67/100 ยท close 27.88 8 Dec 2023 ยท EMD 66/100 ยท close 28.14 15 Dec 2023 ยท EMD 72/100 ยท close 29.63 22 Dec 2023 ยท EMD 78/100 ยท close 30.05 29 Dec 2023 ยท EMD 66/100 ยท close 30.08 5 Jan 2024 ยท EMD 67/100 ยท close 29.07 12 Jan 2024 ยท EMD 70/100 ยท close 29.67 19 Jan 2024 ยท EMD 73/100 ยท close 30.08 26 Jan 2024 ยท EMD 66/100 ยท close 30.21 2 Feb 2024 ยท EMD 75/100 ยท close 30.60 9 Feb 2024 ยท EMD 76/100 ยท close 31.47 16 Feb 2024 ยท EMD 79/100 ยท close 31.78 23 Feb 2024 ยท EMD 80/100 ยท close 32.23 1 Mar 2024 ยท EMD 85/100 ยท close 32.94 8 Mar 2024 ยท EMD 81/100 ยท close 33.12 15 Mar 2024 ยท EMD 72/100 ยท close 32.66 22 Mar 2024 ยท EMD 85/100 ยท close 33.71 29 Mar 2024 ยท EMD 85/100 ยท close 34.00 5 Apr 2024 ยท EMD 80/100 ยท close 33.57 12 Apr 2024 ยท EMD 71/100 ยท close 32.40 19 Apr 2024 ยท EMD 67/100 ยท close 31.34 26 Apr 2024 ยท EMD 71/100 ยท close 32.07 3 May 2024 ยท EMD 65/100 ยท close 31.90 10 May 2024 ยท EMD 66/100 ยท close 32.68 17 May 2024 ยท EMD 64/100 ยท close 32.80 24 May 2024 ยท EMD 62/100 ยท close 32.76 31 May 2024 ยท EMD 59/100 ยท close 32.11 7 Jun 2024 ยท EMD 54/100 ยท close 31.79 14 Jun 2024 ยท EMD 52/100 ยท close 31.91 21 Jun 2024 ยท EMD 54/100 ยท close 32.20 28 Jun 2024 ยท EMD 52/100 ยท close 32.08 5 Jul 2024 ยท EMD 50/100 ยท close 31.84 12 Jul 2024 ยท EMD 62/100 ยท close 33.34 19 Jul 2024 ยท EMD 55/100 ยท close 33.56 26 Jul 2024 ยท EMD 80/100 ยท close 34.28 2 Aug 2024 ยท EMD 60/100 ยท close 32.74 9 Aug 2024 ยท EMD 68/100 ยท close 32.86 16 Aug 2024 ยท EMD 66/100 ยท close 33.72 23 Aug 2024 ยท EMD 71/100 ยท close 34.77 30 Aug 2024 ยท EMD 74/100 ยท close 34.65 6 Sep 2024 ยท EMD 66/100 ยท close 33.18 13 Sep 2024 ยท EMD 72/100 ยท close 34.32 20 Sep 2024 ยท EMD 72/100 ยท close 35.08 27 Sep 2024 ยท EMD 67/100 ยท close 35.03 4 Oct 2024 ยท EMD 71/100 ยท close 34.85 11 Oct 2024 ยท EMD 73/100 ยท close 35.44 18 Oct 2024 ยท EMD 72/100 ยท close 35.70 25 Oct 2024 ยท EMD 58/100 ยท close 34.69 1 Nov 2024 ยท EMD 57/100 ยท close 34.50 8 Nov 2024 ยท EMD 80/100 ยท close 37.01 15 Nov 2024 ยท EMD 64/100 ยท close 35.55 22 Nov 2024 ยท EMD 77/100 ยท close 36.78 29 Nov 2024 ยท EMD 70/100 ยท close 37.19 6 Dec 2024 ยท EMD 62/100 ยท close 36.83 13 Dec 2024 ยท EMD 61/100 ยท close 35.91 20 Dec 2024 ยท EMD 55/100 ยท close 34.42 27 Dec 2024 ยท EMD 52/100 ยท close 34.28 3 Jan 2025 ยท EMD 53/100 ยท close 34.16 10 Jan 2025 ยท EMD 42/100 ยท close 33.57 17 Jan 2025 ยท EMD 51/100 ยท close 35.22 24 Jan 2025 ยท EMD 53/100 ยท close 35.59 31 Jan 2025 ยท EMD 54/100 ยท close 35.54 7 Feb 2025 ยท EMD 53/100 ยท close 35.16 14 Feb 2025 ยท EMD 45/100 ยท close 34.71 21 Feb 2025 ยท EMD 37/100 ยท close 33.23 28 Feb 2025 ยท EMD 37/100 ยท close 32.95 7 Mar 2025 ยท EMD 33/100 ยท close 31.87 14 Mar 2025 ยท EMD 35/100 ยท close 31.00 21 Mar 2025 ยท EMD 34/100 ยท close 31.26 28 Mar 2025 ยท EMD 34/100 ยท close 31.23 4 Apr 2025 ยท EMD 32/100 ยท close 29.16 11 Apr 2025 ยท EMD 42/100 ยท close 30.50 18 Apr 2025 ยท EMD 38/100 ยท close 30.63 25 Apr 2025 ยท EMD 39/100 ยท close 31.18 2 May 2025 ยท EMD 45/100 ยท close 32.15 9 May 2025 ยท EMD 42/100 ยท close 32.21 16 May 2025 ยท EMD 48/100 ยท close 33.72 23 May 2025 ยท EMD 41/100 ยท close 32.18 30 May 2025 ยท EMD 42/100 ยท close 32.26 6 Jun 2025 ยท EMD 47/100 ยท close 32.71 13 Jun 2025 ยท EMD 39/100 ยท close 32.14 20 Jun 2025 ยท EMD 44/100 ยท close 32.20 27 Jun 2025 ยท EMD 48/100 ยท close 32.98 4 Jul 2025 ยท EMD 52/100 ยท close 33.81 11 Jul 2025 ยท EMD 49/100 ยท close 33.35 18 Jul 2025 ยท EMD 53/100 ยท close 33.49 25 Jul 2025 ยท EMD 58/100 ยท close 34.55 1 Aug 2025 ยท EMD 52/100 ยท close 33.47 8 Aug 2025 ยท EMD 51/100 ยท close 33.25 15 Aug 2025 ยท EMD 60/100 ยท close 33.87 22 Aug 2025 ยท EMD 65/100 ยท close 34.61 29 Aug 2025 ยท EMD 64/100 ยท close 34.47 5 Sep 2025 ยท EMD 67/100 ยท close 34.56 12 Sep 2025 ยท EMD 64/100 ยท close 34.44 19 Sep 2025 ยท EMD 61/100 ยท close 34.26 26 Sep 2025 ยท EMD 60/100 ยท close 33.81 3 Oct 2025 ยท EMD 62/100 ยท close 34.19 10 Oct 2025 ยท EMD 53/100 ยท close 33.15 17 Oct 2025 ยท EMD 54/100 ยท close 33.82 24 Oct 2025 ยท EMD 61/100 ยท close 34.86 31 Oct 2025 ยท EMD 52/100 ยท close 34.11 7 Nov 2025 ยท EMD 57/100 ยท close 34.03 14 Nov 2025 ยท EMD 51/100 ยท close 33.54 21 Nov 2025 ยท EMD 53/100 ยท close 33.24 28 Nov 2025 ยท EMD 55/100 ยท close 34.46 5 Dec 2025 ยท EMD 52/100 ยท close 34.23 12 Dec 2025 ยท EMD 53/100 ยท close 34.19 19 Dec 2025 ยท EMD 55/100 ยท close 33.93 26 Dec 2025 ยท EMD 58/100 ยท close 34.30 2 Jan 2026 ยท EMD 53/100 ยท close 33.88 9 Jan 2026 ยท EMD 65/100 ยท close 34.98 16 Jan 2026 ยท EMD 64/100 ยท close 35.46 23 Jan 2026 ยท EMD 58/100 ยท close 34.94 30 Jan 2026 ยท EMD 57/100 ยท close 34.26 6 Feb 2026 ยท EMD 66/100 ยท close 35.14 13 Feb 2026 ยท EMD 60/100 ยท close 34.90 20 Feb 2026 ยท EMD 65/100 ยท close 35.05 27 Feb 2026 ยท EMD 58/100 ยท close 34.34 6 Mar 2026 ยท EMD 45/100 ยท close 33.15 13 Mar 2026 ยท EMD 41/100 ยท close 32.44 20 Mar 2026 ยท EMD 38/100 ยท close 31.76 27 Mar 2026 ยท EMD 33/100 ยท close 31.65 3 Apr 2026 ยท EMD 44/100 ยท close 32.51 10 Apr 2026 ยท EMD 50/100 ยท close 34.03 17 Apr 2026 ยท EMD 51/100 ยท close 35.32 24 Apr 2026 ยท EMD 47/100 ยท close 35.23 1 May 2026 ยท EMD 54/100 ยท close 35.10 8 May 2026 ยท EMD 47/100 ยท close 34.91 15 May 2026 ยท EMD 45/100 ยท close 34.41 22 May 2026 ยท EMD 56/100 ยท close 34.66 29 May 2026 ยท EMD 54/100 ยท close 34.72 5 Jun 2026 ยท EMD 56/100 ยท close 35.08 12 Jun 2026 ยท EMD 62/100 ยท close 35.88 19 Jun 2026 ยท EMD 61/100 ยท close 35.84 26 Jun 2026 ยท EMD 61/100 ยท close 35.74 3 Jul 2026 ยท EMD 63/100 ยท close 35.86 10 Jul 2026 ยท EMD 63/100 ยท close 35.90 17 Jul 2026 ยท EMD 60/100 ยท close 35.68 24 Jul 2026 ยท EMD 65/100 ยท close 35.95 31 Jul 2026 ยท EMD 65/100 ยท close 35.84 7 Aug 2026 ยท EMD 70/100 ยท close 36.91 14 Aug 2026 ยท EMD 71/100 ยท close 37.65 21 Aug 2026 ยท EMD 64/100 ยท close 36.73 28 Aug 2026 ยท EMD 64/100 ยท close 36.51 3 Nov 2023 ยท Up-cycle confirmed ยท close 25.81 20 Dec 2024 ยท Down-cycle confirmed ยท close 34.42 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 90%Current EMD +28.04-week EMD change -2.6156-week price range USD 24.14โ€“37.65

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

92/1001.25

Strengthening beneath price
4-week change +0.44

02

Trend and deviation

84/100+4.4% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

71/1004w +1.9% ยท 13w +5.1%

Momentum is supportive
SMI 0.81

04

Price-volume pressure

40/10040% constructive pressure

Volume is leaning against the close
Volume ratio 0.86x

05

Relative leadership

28/100-5.78

The ticker is lagging its benchmark
4-week change -0.97

06

Modeled Trend

89/100Modeled Trend 0.90

Modeled Trend is supportive
Smoothed Modeled Trend 0.68

Evidence context