MIL ยท ETF ยท ENHANCED MARKET DYNAMICS

XDJE

Xtrackers Nikkei 225 UCITS ETF

IT

EMD SCORE77/100

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 build100% directional agreement100% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 100.48
Evidence
119 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 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.
24 May 2024โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท EUR +100+500-50-100 112.1278.6545.18 24 May 2024 ยท EMD 45/100 ยท close 55.32 31 May 2024 ยท EMD 41/100 ยท close 54.46 7 Jun 2024 ยท EMD 45/100 ยท close 54.46 14 Jun 2024 ยท EMD 46/100 ยท close 54.99 21 Jun 2024 ยท EMD 48/100 ยท close 54.67 28 Jun 2024 ยท EMD 46/100 ยท close 54.67 5 Jul 2024 ยท EMD 46/100 ยท close 54.67 12 Jul 2024 ยท EMD 50/100 ยท close 59.31 19 Jul 2024 ยท EMD 49/100 ยท close 59.31 26 Jul 2024 ยท EMD 49/100 ยท close 59.31 2 Aug 2024 ยท EMD 34/100 ยท close 49.26 9 Aug 2024 ยท EMD 49/100 ยท close 49.82 16 Aug 2024 ยท EMD 47/100 ยท close 51.39 23 Aug 2024 ยท EMD 49/100 ยท close 54.16 30 Aug 2024 ยท EMD 48/100 ยท close 54.71 6 Sep 2024 ยท EMD 46/100 ยท close 54.46 13 Sep 2024 ยท EMD 45/100 ยท close 52.29 20 Sep 2024 ยท EMD 54/100 ยท close 54.85 27 Sep 2024 ยท EMD 46/100 ยท close 54.85 4 Oct 2024 ยท EMD 55/100 ยท close 56.86 11 Oct 2024 ยท EMD 50/100 ยท close 56.89 18 Oct 2024 ยท EMD 46/100 ยท close 56.72 25 Oct 2024 ยท EMD 45/100 ยท close 54.78 1 Nov 2024 ยท EMD 47/100 ยท close 54.78 8 Nov 2024 ยท EMD 50/100 ยท close 56.70 15 Nov 2024 ยท EMD 47/100 ยท close 55.20 22 Nov 2024 ยท EMD 57/100 ยท close 55.70 29 Nov 2024 ยท EMD 42/100 ยท close 55.56 6 Dec 2024 ยท EMD 52/100 ยท close 56.99 13 Dec 2024 ยท EMD 74/100 ยท close 57.71 20 Dec 2024 ยท EMD 73/100 ยท close 57.58 27 Dec 2024 ยท EMD 72/100 ยท close 56.73 3 Jan 2025 ยท EMD 66/100 ยท close 57.64 10 Jan 2025 ยท EMD 60/100 ยท close 56.37 17 Jan 2025 ยท EMD 81/100 ยท close 56.70 24 Jan 2025 ยท EMD 88/100 ยท close 59.14 31 Jan 2025 ยท EMD 63/100 ยท close 57.24 7 Feb 2025 ยท EMD 59/100 ยท close 56.08 14 Feb 2025 ยท EMD 72/100 ยท close 57.00 21 Feb 2025 ยท EMD 56/100 ยท close 56.27 28 Feb 2025 ยท EMD 53/100 ยท close 54.59 7 Mar 2025 ยท EMD 43/100 ยท close 53.51 14 Mar 2025 ยท EMD 55/100 ยท close 54.78 21 Mar 2025 ยท EMD 47/100 ยท close 54.94 28 Mar 2025 ยท EMD 45/100 ยท close 53.66 4 Apr 2025 ยท EMD 43/100 ยท close 52.51 11 Apr 2025 ยท EMD 41/100 ยท close 48.77 18 Apr 2025 ยท EMD 42/100 ยท close 50.88 25 Apr 2025 ยท EMD 49/100 ยท close 52.88 2 May 2025 ยท EMD 49/100 ยท close 54.56 9 May 2025 ยท EMD 49/100 ยท close 55.30 16 May 2025 ยท EMD 45/100 ยท close 55.98 23 May 2025 ยท EMD 42/100 ยท close 54.47 30 May 2025 ยท EMD 47/100 ยท close 55.80 6 Jun 2025 ยท EMD 49/100 ยท close 56.23 13 Jun 2025 ยท EMD 48/100 ยท close 56.42 20 Jun 2025 ยท EMD 47/100 ยท close 56.76 27 Jun 2025 ยท EMD 64/100 ยท close 60.00 4 Jul 2025 ยท EMD 62/100 ยท close 59.27 11 Jul 2025 ยท EMD 60/100 ยท close 58.51 18 Jul 2025 ยท EMD 66/100 ยท close 58.81 25 Jul 2025 ยท EMD 73/100 ยท close 61.49 1 Aug 2025 ยท EMD 63/100 ยท close 59.22 8 Aug 2025 ยท EMD 75/100 ยท close 62.66 15 Aug 2025 ยท EMD 72/100 ยท close 63.36 22 Aug 2025 ยท EMD 67/100 ยท close 63.70 29 Aug 2025 ยท EMD 64/100 ยท close 62.51 5 Sep 2025 ยท EMD 79/100 ยท close 63.37 12 Sep 2025 ยท EMD 87/100 ยท close 66.25 19 Sep 2025 ยท EMD 77/100 ยท close 67.01 26 Sep 2025 ยท EMD 74/100 ยท close 67.19 3 Oct 2025 ยท EMD 91/100 ยท close 68.80 10 Oct 2025 ยท EMD 73/100 ยท close 69.65 17 Oct 2025 ยท EMD 88/100 ยท close 71.51 24 Oct 2025 ยท EMD 82/100 ยท close 73.00 31 Oct 2025 ยท EMD 96/100 ยท close 78.03 7 Nov 2025 ยท EMD 80/100 ยท close 74.10 14 Nov 2025 ยท EMD 86/100 ยท close 75.49 21 Nov 2025 ยท EMD 73/100 ยท close 72.23 28 Nov 2025 ยท EMD 85/100 ยท close 74.77 5 Dec 2025 ยท EMD 87/100 ยท close 75.55 12 Dec 2025 ยท EMD 72/100 ยท close 74.52 19 Dec 2025 ยท EMD 83/100 ยท close 75.14 26 Dec 2025 ยท EMD 80/100 ยท close 75.44 2 Jan 2026 ยท EMD 76/100 ยท close 76.02 9 Jan 2026 ยท EMD 84/100 ยท close 80.22 16 Jan 2026 ยท EMD 74/100 ยท close 80.35 23 Jan 2026 ยท EMD 82/100 ยท close 79.85 30 Jan 2026 ยท EMD 80/100 ยท close 80.19 6 Feb 2026 ยท EMD 82/100 ยท close 83.85 13 Feb 2026 ยท EMD 84/100 ยท close 86.11 20 Feb 2026 ยท EMD 84/100 ยท close 85.38 27 Feb 2026 ยท EMD 88/100 ยท close 88.05 6 Mar 2026 ยท EMD 75/100 ยท close 81.57 13 Mar 2026 ยท EMD 77/100 ยท close 79.87 20 Mar 2026 ยท EMD 67/100 ยท close 78.01 27 Mar 2026 ยท EMD 70/100 ยท close 79.31 3 Apr 2026 ยท EMD 66/100 ยท close 80.05 10 Apr 2026 ยท EMD 74/100 ยท close 86.29 17 Apr 2026 ยท EMD 80/100 ยท close 89.99 24 Apr 2026 ยท EMD 81/100 ยท close 89.93 1 May 2026 ยท EMD 76/100 ยท close 89.58 8 May 2026 ยท EMD 84/100 ยท close 95.41 15 May 2026 ยท EMD 80/100 ยท close 93.58 22 May 2026 ยท EMD 92/100 ยท close 95.85 29 May 2026 ยท EMD 89/100 ยท close 99.91 5 Jun 2026 ยท EMD 73/100 ยท close 99.09 12 Jun 2026 ยท EMD 81/100 ยท close 101.55 19 Jun 2026 ยท EMD 87/100 ยท close 108.53 26 Jun 2026 ยท EMD 88/100 ยท close 105.58 3 Jul 2026 ยท EMD 86/100 ยท close 105.36 10 Jul 2026 ยท EMD 87/100 ยท close 104.32 17 Jul 2026 ยท EMD 82/100 ยท close 97.02 24 Jul 2026 ยท EMD 77/100 ยท close 97.48 31 Jul 2026 ยท EMD 63/100 ยท close 94.67 7 Aug 2026 ยท EMD 76/100 ยท close 100.03 14 Aug 2026 ยท EMD 75/100 ยท close 103.42 21 Aug 2026 ยท EMD 63/100 ยท close 99.41 28 Aug 2026 ยท EMD 77/100 ยท close 100.48 23 Aug 2024 ยท Up-cycle confirmed ยท close 54.16 4 Oct 2024 ยท Up-cycle confirmed ยท close 56.86 2 May 2025 ยท Up-cycle confirmed ยท close 54.56 17 Jul 2026 ยท Down-cycle confirmed ยท close 97.02 24 May 202411 Jul 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 94%Current EMD +54.14-week EMD change +28.3156-week price range EUR 48.77โ€“108.53

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

49/100-0.28

Cautious pressure beneath price
4-week change -0.38

02

Trend and deviation

92/100+7.7% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

74/1004w +6.1% ยท 13w +0.6%

Momentum is supportive
SMI 0.87

04

Price-volume pressure

85/10085% constructive pressure

Volume is confirming the close
Volume ratio 3.70x

05

Relative leadership

72/1005.57

Leadership is supportive
4-week change +3.39

06

Modeled Trend

91/100Modeled Trend 0.94

Modeled Trend is supportive
Smoothed Modeled Trend 0.83

Evidence context