GER ยท ETF ยท ENHANCED MARKET DYNAMICS

GMAY

First Trust Vest U.S. Equity Moderate Buffer UCITS ETF - May Class A USD Acc

DE

EMD SCORE73/100

CURRENT COMPLETED-WEEK READ

Strongly constructive

The latest completed-week readings are broadly supportive. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build67% directional agreement89% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 35.28
Evidence
117 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 supportive ยท 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
7 Jun 2024โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท EUR +100+500-50-100 35.6931.9028.11 7 Jun 2024 ยท EMD 48/100 ยท close 29.80 14 Jun 2024 ยท EMD 47/100 ยท close 30.32 21 Jun 2024 ยท EMD 46/100 ยท close 30.45 28 Jun 2024 ยท EMD 50/100 ยท close 30.56 5 Jul 2024 ยท EMD 46/100 ยท close 30.34 12 Jul 2024 ยท EMD 47/100 ยท close 30.37 19 Jul 2024 ยท EMD 41/100 ยท close 30.12 26 Jul 2024 ยท EMD 46/100 ยท close 30.07 2 Aug 2024 ยท EMD 47/100 ยท close 30.02 9 Aug 2024 ยท EMD 47/100 ยท close 29.64 16 Aug 2024 ยท EMD 47/100 ยท close 30.03 23 Aug 2024 ยท EMD 44/100 ยท close 29.64 30 Aug 2024 ยท EMD 50/100 ยท close 30.00 6 Sep 2024 ยท EMD 43/100 ยท close 29.48 13 Sep 2024 ยท EMD 53/100 ยท close 30.04 20 Sep 2024 ยท EMD 47/100 ยท close 30.06 27 Sep 2024 ยท EMD 48/100 ยท close 30.20 4 Oct 2024 ยท EMD 48/100 ยท close 30.57 11 Oct 2024 ยท EMD 50/100 ยท close 30.87 18 Oct 2024 ยท EMD 52/100 ยท close 31.26 25 Oct 2024 ยท EMD 49/100 ยท close 31.38 1 Nov 2024 ยท EMD 47/100 ยท close 31.12 8 Nov 2024 ยท EMD 50/100 ยท close 32.00 15 Nov 2024 ยท EMD 51/100 ยท close 32.36 22 Nov 2024 ยท EMD 52/100 ยท close 32.95 29 Nov 2024 ยท EMD 52/100 ยท close 32.73 6 Dec 2024 ยท EMD 52/100 ยท close 32.80 13 Dec 2024 ยท EMD 52/100 ยท close 32.88 20 Dec 2024 ยท EMD 58/100 ยท close 32.95 27 Dec 2024 ยท EMD 79/100 ยท close 33.11 3 Jan 2025 ยท EMD 82/100 ยท close 33.47 10 Jan 2025 ยท EMD 82/100 ยท close 33.43 17 Jan 2025 ยท EMD 84/100 ยท close 33.70 24 Jan 2025 ยท EMD 66/100 ยท close 33.22 31 Jan 2025 ยท EMD 79/100 ยท close 33.63 7 Feb 2025 ยท EMD 80/100 ยท close 33.74 14 Feb 2025 ยท EMD 66/100 ยท close 33.42 21 Feb 2025 ยท EMD 68/100 ยท close 33.56 28 Feb 2025 ยท EMD 69/100 ยท close 33.22 7 Mar 2025 ยท EMD 55/100 ยท close 31.38 14 Mar 2025 ยท EMD 51/100 ยท close 31.00 21 Mar 2025 ยท EMD 48/100 ยท close 31.28 28 Mar 2025 ยท EMD 48/100 ยท close 31.62 4 Apr 2025 ยท EMD 41/100 ยท close 29.02 11 Apr 2025 ยท EMD 35/100 ยท close 28.57 18 Apr 2025 ยท EMD 30/100 ยท close 28.51 25 Apr 2025 ยท EMD 41/100 ยท close 29.11 2 May 2025 ยท EMD 38/100 ยท close 29.19 9 May 2025 ยท EMD 45/100 ยท close 30.04 16 May 2025 ยท EMD 54/100 ยท close 31.72 23 May 2025 ยท EMD 37/100 ยท close 30.99 30 May 2025 ยท EMD 41/100 ยท close 31.25 6 Jun 2025 ยท EMD 46/100 ยท close 31.53 13 Jun 2025 ยท EMD 41/100 ยท close 31.16 20 Jun 2025 ยท EMD 42/100 ยท close 31.07 27 Jun 2025 ยท EMD 38/100 ยท close 31.01 4 Jul 2025 ยท EMD 40/100 ยท close 30.98 11 Jul 2025 ยท EMD 44/100 ยท close 31.21 18 Jul 2025 ยท EMD 47/100 ยท close 31.44 25 Jul 2025 ยท EMD 49/100 ยท close 31.41 1 Aug 2025 ยท EMD 49/100 ยท close 31.64 8 Aug 2025 ยท EMD 46/100 ยท close 31.67 15 Aug 2025 ยท EMD 53/100 ยท close 31.80 22 Aug 2025 ยท EMD 52/100 ยท close 31.74 29 Aug 2025 ยท EMD 54/100 ยท close 31.78 5 Sep 2025 ยท EMD 58/100 ยท close 31.73 12 Sep 2025 ยท EMD 65/100 ยท close 32.00 19 Sep 2025 ยท EMD 66/100 ยท close 31.98 26 Sep 2025 ยท EMD 67/100 ยท close 32.04 3 Oct 2025 ยท EMD 66/100 ยท close 32.14 10 Oct 2025 ยท EMD 64/100 ยท close 32.31 17 Oct 2025 ยท EMD 65/100 ยท close 32.11 24 Oct 2025 ยท EMD 68/100 ยท close 32.53 31 Oct 2025 ยท EMD 73/100 ยท close 32.81 7 Nov 2025 ยท EMD 59/100 ยท close 32.40 14 Nov 2025 ยท EMD 65/100 ยท close 32.54 21 Nov 2025 ยท EMD 65/100 ยท close 32.51 28 Nov 2025 ยท EMD 73/100 ยท close 32.82 5 Dec 2025 ยท EMD 69/100 ยท close 32.82 12 Dec 2025 ยท EMD 57/100 ยท close 32.40 19 Dec 2025 ยท EMD 68/100 ยท close 32.62 26 Dec 2025 ยท EMD 66/100 ยท close 32.63 2 Jan 2026 ยท EMD 62/100 ยท close 32.70 9 Jan 2026 ยท EMD 65/100 ยท close 33.08 16 Jan 2026 ยท EMD 65/100 ยท close 33.29 23 Jan 2026 ยท EMD 62/100 ยท close 32.82 30 Jan 2026 ยท EMD 63/100 ยท close 32.52 6 Feb 2026 ยท EMD 60/100 ยท close 32.67 13 Feb 2026 ยท EMD 56/100 ยท close 32.53 20 Feb 2026 ยท EMD 58/100 ยท close 32.78 27 Feb 2026 ยท EMD 53/100 ยท close 32.67 6 Mar 2026 ยท EMD 66/100 ยท close 33.34 13 Mar 2026 ยท EMD 69/100 ยท close 33.43 20 Mar 2026 ยท EMD 69/100 ยท close 32.96 27 Mar 2026 ยท EMD 65/100 ยท close 32.79 3 Apr 2026 ยท EMD 68/100 ยท close 33.19 10 Apr 2026 ยท EMD 65/100 ยท close 33.26 17 Apr 2026 ยท EMD 66/100 ยท close 33.35 24 Apr 2026 ยท EMD 70/100 ยท close 33.67 1 May 2026 ยท EMD 70/100 ยท close 33.67 8 May 2026 ยท EMD 66/100 ยท close 33.58 15 May 2026 ยท EMD 82/100 ยท close 34.06 22 May 2026 ยท EMD 80/100 ยท close 34.36 29 May 2026 ยท EMD 73/100 ยท close 34.33 5 Jun 2026 ยท EMD 81/100 ยท close 34.64 12 Jun 2026 ยท EMD 83/100 ยท close 34.33 19 Jun 2026 ยท EMD 75/100 ยท close 34.86 26 Jun 2026 ยท EMD 76/100 ยท close 34.82 3 Jul 2026 ยท EMD 73/100 ยท close 34.98 10 Jul 2026 ยท EMD 77/100 ยท close 35.13 17 Jul 2026 ยท EMD 75/100 ยท close 34.95 24 Jul 2026 ยท EMD 75/100 ยท close 35.12 31 Jul 2026 ยท EMD 64/100 ยท close 34.69 7 Aug 2026 ยท EMD 68/100 ยท close 35.25 14 Aug 2026 ยท EMD 64/100 ยท close 35.22 21 Aug 2026 ยท EMD 60/100 ยท close 34.86 28 Aug 2026 ยท EMD 73/100 ยท close 35.28 16 May 2025 ยท Up-cycle confirmed ยท close 31.72 7 Jun 202418 Jul 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 92%Current EMD +45.44-week EMD change +16.9156-week price range EUR 28.51โ€“35.28

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

72/1000.33

Strengthening beneath price
4-week change -0.99

02

Trend and deviation

82/100+3.7% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

69/1004w +1.7% ยท 13w +2.8%

Momentum is supportive
SMI 0.97

04

Price-volume pressure

100/100100% constructive pressure

Volume is confirming the close
Volume ratio 11.54x

05

Relative leadership

39/100-2.72

The ticker is lagging its benchmark
4-week change -1.99

06

Modeled Trend

89/100Modeled Trend 0.86

Modeled Trend is supportive
Smoothed Modeled Trend 0.67

Evidence context