NASDAQ ยท ETF ยท ENHANCED MARKET DYNAMICS

VTIP

VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND ETF SHARES

US

EMD SCORE45/100

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.

Deterioration0% directional agreement68% evidence confidence
Completed week
11 Sep 2026
Latest close
USD 49.50
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

2 supportive ยท 3 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
22 Sep 2023โ€“11 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 50.7746.8042.83 22 Sep 2023 ยท EMD 53/100 ยท close 43.47 29 Sep 2023 ยท EMD 54/100 ยท close 43.40 6 Oct 2023 ยท EMD 47/100 ยท close 43.26 13 Oct 2023 ยท EMD 52/100 ยท close 43.56 20 Oct 2023 ยท EMD 51/100 ยท close 43.57 27 Oct 2023 ยท EMD 62/100 ยท close 43.64 3 Nov 2023 ยท EMD 63/100 ยท close 43.84 10 Nov 2023 ยท EMD 56/100 ยท close 43.66 17 Nov 2023 ยท EMD 63/100 ยท close 43.85 24 Nov 2023 ยท EMD 58/100 ยท close 43.83 1 Dec 2023 ยท EMD 68/100 ยท close 44.15 8 Dec 2023 ยท EMD 59/100 ยท close 44.02 15 Dec 2023 ยท EMD 65/100 ยท close 44.44 22 Dec 2023 ยท EMD 60/100 ยท close 44.46 29 Dec 2023 ยท EMD 62/100 ยท close 44.50 5 Jan 2024 ยท EMD 59/100 ยท close 44.40 12 Jan 2024 ยท EMD 65/100 ยท close 44.69 19 Jan 2024 ยท EMD 61/100 ยท close 44.55 26 Jan 2024 ยท EMD 63/100 ยท close 44.56 2 Feb 2024 ยท EMD 58/100 ยท close 44.48 9 Feb 2024 ยท EMD 60/100 ยท close 44.48 16 Feb 2024 ยท EMD 60/100 ยท close 44.50 23 Feb 2024 ยท EMD 58/100 ยท close 44.48 1 Mar 2024 ยท EMD 62/100 ยท close 44.73 8 Mar 2024 ยท EMD 62/100 ยท close 44.83 15 Mar 2024 ยท EMD 56/100 ยท close 44.66 22 Mar 2024 ยท EMD 60/100 ยท close 44.89 29 Mar 2024 ยท EMD 57/100 ยท close 44.88 5 Apr 2024 ยท EMD 58/100 ยท close 44.89 12 Apr 2024 ยท EMD 58/100 ยท close 44.86 19 Apr 2024 ยท EMD 61/100 ยท close 44.84 26 Apr 2024 ยท EMD 58/100 ยท close 44.86 3 May 2024 ยท EMD 60/100 ยท close 45.02 10 May 2024 ยท EMD 60/100 ยท close 45.06 17 May 2024 ยท EMD 63/100 ยท close 45.16 24 May 2024 ยท EMD 60/100 ยท close 45.15 31 May 2024 ยท EMD 65/100 ยท close 45.27 7 Jun 2024 ยท EMD 58/100 ยท close 45.24 14 Jun 2024 ยท EMD 63/100 ยท close 45.33 21 Jun 2024 ยท EMD 62/100 ยท close 45.44 28 Jun 2024 ยท EMD 63/100 ยท close 45.51 5 Jul 2024 ยท EMD 65/100 ยท close 45.65 12 Jul 2024 ยท EMD 67/100 ยท close 45.71 19 Jul 2024 ยท EMD 59/100 ยท close 45.69 26 Jul 2024 ยท EMD 67/100 ยท close 45.77 2 Aug 2024 ยท EMD 69/100 ยท close 46.05 9 Aug 2024 ยท EMD 63/100 ยท close 45.97 16 Aug 2024 ยท EMD 63/100 ยท close 46.02 23 Aug 2024 ยท EMD 69/100 ยท close 46.21 30 Aug 2024 ยท EMD 59/100 ยท close 46.19 6 Sep 2024 ยท EMD 69/100 ยท close 46.31 13 Sep 2024 ยท EMD 70/100 ยท close 46.54 20 Sep 2024 ยท EMD 68/100 ยท close 46.67 27 Sep 2024 ยท EMD 66/100 ยท close 46.71 4 Oct 2024 ยท EMD 59/100 ยท close 46.52 11 Oct 2024 ยท EMD 66/100 ยท close 46.63 18 Oct 2024 ยท EMD 65/100 ยท close 46.59 25 Oct 2024 ยท EMD 59/100 ยท close 46.46 1 Nov 2024 ยท EMD 58/100 ยท close 46.39 8 Nov 2024 ยท EMD 59/100 ยท close 46.55 15 Nov 2024 ยท EMD 56/100 ยท close 46.47 22 Nov 2024 ยท EMD 55/100 ยท close 46.53 29 Nov 2024 ยท EMD 57/100 ยท close 46.66 6 Dec 2024 ยท EMD 57/100 ยท close 46.73 13 Dec 2024 ยท EMD 53/100 ยท close 46.68 20 Dec 2024 ยท EMD 54/100 ยท close 46.51 27 Dec 2024 ยท EMD 55/100 ยท close 46.53 3 Jan 2025 ยท EMD 54/100 ยท close 46.62 10 Jan 2025 ยท EMD 54/100 ยท close 46.64 17 Jan 2025 ยท EMD 58/100 ยท close 46.88 24 Jan 2025 ยท EMD 59/100 ยท close 46.89 31 Jan 2025 ยท EMD 63/100 ยท close 47.05 7 Feb 2025 ยท EMD 60/100 ยท close 47.08 14 Feb 2025 ยท EMD 67/100 ยท close 47.20 21 Feb 2025 ยท EMD 67/100 ยท close 47.29 28 Feb 2025 ยท EMD 71/100 ยท close 47.60 7 Mar 2025 ยท EMD 66/100 ยท close 47.53 14 Mar 2025 ยท EMD 67/100 ยท close 47.55 21 Mar 2025 ยท EMD 76/100 ยท close 47.77 28 Mar 2025 ยท EMD 78/100 ยท close 48.00 4 Apr 2025 ยท EMD 75/100 ยท close 48.14 11 Apr 2025 ยท EMD 73/100 ยท close 47.81 18 Apr 2025 ยท EMD 80/100 ยท close 48.09 25 Apr 2025 ยท EMD 79/100 ยท close 48.25 2 May 2025 ยท EMD 66/100 ยท close 48.19 9 May 2025 ยท EMD 74/100 ยท close 48.25 16 May 2025 ยท EMD 68/100 ยท close 48.11 23 May 2025 ยท EMD 69/100 ยท close 48.18 30 May 2025 ยท EMD 65/100 ยท close 48.25 6 Jun 2025 ยท EMD 57/100 ยท close 48.08 13 Jun 2025 ยท EMD 62/100 ยท close 48.18 20 Jun 2025 ยท EMD 61/100 ยท close 48.34 27 Jun 2025 ยท EMD 59/100 ยท close 48.45 4 Jul 2025 ยท EMD 54/100 ยท close 48.42 11 Jul 2025 ยท EMD 61/100 ยท close 48.56 18 Jul 2025 ยท EMD 61/100 ยท close 48.71 25 Jul 2025 ยท EMD 58/100 ยท close 48.67 1 Aug 2025 ยท EMD 65/100 ยท close 48.83 8 Aug 2025 ยท EMD 64/100 ยท close 48.90 15 Aug 2025 ยท EMD 60/100 ยท close 48.90 22 Aug 2025 ยท EMD 66/100 ยท close 49.13 29 Aug 2025 ยท EMD 68/100 ยท close 49.30 5 Sep 2025 ยท EMD 67/100 ยท close 49.34 12 Sep 2025 ยท EMD 60/100 ยท close 49.31 19 Sep 2025 ยท EMD 60/100 ยท close 49.31 26 Sep 2025 ยท EMD 62/100 ยท close 49.25 3 Oct 2025 ยท EMD 58/100 ยท close 49.26 10 Oct 2025 ยท EMD 66/100 ยท close 49.36 17 Oct 2025 ยท EMD 61/100 ยท close 49.40 24 Oct 2025 ยท EMD 62/100 ยท close 49.45 31 Oct 2025 ยท EMD 59/100 ยท close 49.31 7 Nov 2025 ยท EMD 61/100 ยท close 49.33 14 Nov 2025 ยท EMD 54/100 ยท close 49.31 21 Nov 2025 ยท EMD 59/100 ยท close 49.39 28 Nov 2025 ยท EMD 54/100 ยท close 49.42 5 Dec 2025 ยท EMD 54/100 ยท close 49.42 12 Dec 2025 ยท EMD 56/100 ยท close 49.39 19 Dec 2025 ยท EMD 56/100 ยท close 49.40 26 Dec 2025 ยท EMD 55/100 ยท close 49.42 2 Jan 2026 ยท EMD 52/100 ยท close 49.43 9 Jan 2026 ยท EMD 55/100 ยท close 49.48 16 Jan 2026 ยท EMD 51/100 ยท close 49.44 23 Jan 2026 ยท EMD 59/100 ยท close 49.51 30 Jan 2026 ยท EMD 66/100 ยท close 49.71 6 Feb 2026 ยท EMD 63/100 ยท close 49.68 13 Feb 2026 ยท EMD 64/100 ยท close 49.75 20 Feb 2026 ยท EMD 63/100 ยท close 49.72 27 Feb 2026 ยท EMD 63/100 ยท close 49.88 6 Mar 2026 ยท EMD 65/100 ยท close 49.97 13 Mar 2026 ยท EMD 61/100 ยท close 49.91 20 Mar 2026 ยท EMD 62/100 ยท close 49.90 27 Mar 2026 ยท EMD 69/100 ยท close 49.78 3 Apr 2026 ยท EMD 69/100 ยท close 49.98 10 Apr 2026 ยท EMD 65/100 ยท close 50.05 17 Apr 2026 ยท EMD 62/100 ยท close 50.16 24 Apr 2026 ยท EMD 65/100 ยท close 50.34 1 May 2026 ยท EMD 62/100 ยท close 49.75 8 May 2026 ยท EMD 58/100 ยท close 49.72 15 May 2026 ยท EMD 52/100 ยท close 49.70 22 May 2026 ยท EMD 48/100 ยท close 49.54 29 May 2026 ยท EMD 53/100 ยท close 49.75 5 Jun 2026 ยท EMD 44/100 ยท close 49.63 12 Jun 2026 ยท EMD 46/100 ยท close 49.67 19 Jun 2026 ยท EMD 44/100 ยท close 49.51 26 Jun 2026 ยท EMD 48/100 ยท close 49.56 3 Jul 2026 ยท EMD 46/100 ยท close 49.58 10 Jul 2026 ยท EMD 45/100 ยท close 49.64 17 Jul 2026 ยท EMD 48/100 ยท close 49.70 24 Jul 2026 ยท EMD 43/100 ยท close 49.59 31 Jul 2026 ยท EMD 47/100 ยท close 49.66 7 Aug 2026 ยท EMD 46/100 ยท close 49.67 14 Aug 2026 ยท EMD 45/100 ยท close 49.70 21 Aug 2026 ยท EMD 47/100 ยท close 49.79 28 Aug 2026 ยท EMD 45/100 ยท close 49.65 4 Sep 2026 ยท EMD 49/100 ยท close 49.73 11 Sep 2026 ยท EMD 45/100 ยท close 49.50 12 Jul 2024 ยท Up-cycle confirmed ยท close 45.71 22 Sep 202321 Mar 202511 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 84%Current EMD -10.14-week EMD change -1.0156-week price range USD 43.26โ€“50.34

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

57/1000.20

Strengthening beneath price
4-week change +0.75

02

Trend and deviation

30/100-0.5% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

60/1004w -0.4% ยท 13w -0.3%

Momentum is supportive
SMI 0.50

04

Price-volume pressure

26/10026% constructive pressure

Volume is leaning against the close
Volume ratio 1.51x

05

Relative leadership

16/100-10.05

The ticker is lagging its benchmark
4-week change +3.06

06

Modeled Trend

69/100Modeled Trend 0.28

Modeled Trend is supportive
Smoothed Modeled Trend 0.34

Evidence context