VIE ยท EQUITY ยท ENHANCED MARKET DYNAMICS

HEIA

Heineken N.V.

AT ยท Consumer Defensive ยท Beverages - Brewers

EMD SCORE57/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions remain positive, but momentum has eased.

Constructive fade60% directional agreement87% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 72.34
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 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.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท EUR +100+500-50-100 93.8078.3262.85 8 Sep 2023 ยท EMD 35/100 ยท close 83.42 15 Sep 2023 ยท EMD 36/100 ยท close 81.65 22 Sep 2023 ยท EMD 37/100 ยท close 81.80 29 Sep 2023 ยท EMD 35/100 ยท close 79.50 6 Oct 2023 ยท EMD 32/100 ยท close 79.16 13 Oct 2023 ยท EMD 33/100 ยท close 79.01 20 Oct 2023 ยท EMD 33/100 ยท close 79.07 27 Oct 2023 ยท EMD 36/100 ยท close 79.07 3 Nov 2023 ยท EMD 40/100 ยท close 82.39 10 Nov 2023 ยท EMD 40/100 ยท close 82.26 17 Nov 2023 ยท EMD 33/100 ยท close 79.75 24 Nov 2023 ยท EMD 35/100 ยท close 79.93 1 Dec 2023 ยท EMD 35/100 ยท close 79.75 8 Dec 2023 ยท EMD 41/100 ยท close 83.14 15 Dec 2023 ยท EMD 49/100 ยท close 86.66 22 Dec 2023 ยท EMD 52/100 ยท close 87.54 29 Dec 2023 ยท EMD 56/100 ยท close 87.86 5 Jan 2024 ยท EMD 52/100 ยท close 85.30 12 Jan 2024 ยท EMD 59/100 ยท close 89.39 19 Jan 2024 ยท EMD 58/100 ยท close 87.59 26 Jan 2024 ยท EMD 57/100 ยท close 87.94 2 Feb 2024 ยท EMD 60/100 ยท close 88.99 9 Feb 2024 ยท EMD 72/100 ยท close 91.17 16 Feb 2024 ยท EMD 60/100 ยท close 84.94 23 Feb 2024 ยท EMD 61/100 ยท close 85.74 1 Mar 2024 ยท EMD 54/100 ยท close 82.28 8 Mar 2024 ยท EMD 52/100 ยท close 83.16 15 Mar 2024 ยท EMD 45/100 ยท close 82.26 22 Mar 2024 ยท EMD 39/100 ยท close 80.69 29 Mar 2024 ยท EMD 52/100 ยท close 85.89 5 Apr 2024 ยท EMD 47/100 ยท close 83.83 12 Apr 2024 ยท EMD 53/100 ยท close 84.80 19 Apr 2024 ยท EMD 62/100 ยท close 84.86 26 Apr 2024 ยท EMD 65/100 ยท close 88.76 3 May 2024 ยท EMD 59/100 ยท close 87.48 10 May 2024 ยท EMD 66/100 ยท close 90.79 17 May 2024 ยท EMD 66/100 ยท close 92.14 24 May 2024 ยท EMD 65/100 ยท close 91.22 31 May 2024 ยท EMD 63/100 ยท close 88.55 7 Jun 2024 ยท EMD 67/100 ยท close 91.52 14 Jun 2024 ยท EMD 68/100 ยท close 91.39 21 Jun 2024 ยท EMD 66/100 ยท close 89.80 28 Jun 2024 ยท EMD 64/100 ยท close 88.82 5 Jul 2024 ยท EMD 59/100 ยท close 87.35 12 Jul 2024 ยท EMD 54/100 ยท close 85.97 19 Jul 2024 ยท EMD 49/100 ยท close 86.77 26 Jul 2024 ยท EMD 49/100 ยท close 87.41 2 Aug 2024 ยท EMD 40/100 ยท close 80.34 9 Aug 2024 ยท EMD 36/100 ยท close 78.20 16 Aug 2024 ยท EMD 34/100 ยท close 77.63 23 Aug 2024 ยท EMD 34/100 ยท close 78.12 30 Aug 2024 ยท EMD 36/100 ยท close 79.68 6 Sep 2024 ยท EMD 40/100 ยท close 80.20 13 Sep 2024 ยท EMD 39/100 ยท close 80.61 20 Sep 2024 ยท EMD 35/100 ยท close 77.53 27 Sep 2024 ยท EMD 34/100 ยท close 78.04 4 Oct 2024 ยท EMD 25/100 ยท close 75.58 11 Oct 2024 ยท EMD 30/100 ยท close 75.25 18 Oct 2024 ยท EMD 32/100 ยท close 76.44 25 Oct 2024 ยท EMD 34/100 ยท close 77.42 1 Nov 2024 ยท EMD 32/100 ยท close 73.71 8 Nov 2024 ยท EMD 28/100 ยท close 70.36 15 Nov 2024 ยท EMD 29/100 ยท close 69.75 22 Nov 2024 ยท EMD 28/100 ยท close 68.84 29 Nov 2024 ยท EMD 28/100 ยท close 67.96 6 Dec 2024 ยท EMD 29/100 ยท close 67.84 13 Dec 2024 ยท EMD 33/100 ยท close 68.39 20 Dec 2024 ยท EMD 21/100 ยท close 66.67 27 Dec 2024 ยท EMD 29/100 ยท close 66.87 3 Jan 2025 ยท EMD 25/100 ยท close 66.34 10 Jan 2025 ยท EMD 23/100 ยท close 64.78 17 Jan 2025 ยท EMD 37/100 ยท close 64.51 24 Jan 2025 ยท EMD 28/100 ยท close 64.58 31 Jan 2025 ยท EMD 29/100 ยท close 65.56 7 Feb 2025 ยท EMD 32/100 ยท close 66.38 14 Feb 2025 ยท EMD 50/100 ยท close 77.67 21 Feb 2025 ยท EMD 49/100 ยท close 75.62 28 Feb 2025 ยท EMD 57/100 ยท close 79.35 7 Mar 2025 ยท EMD 52/100 ยท close 78.18 14 Mar 2025 ยท EMD 53/100 ยท close 76.58 21 Mar 2025 ยท EMD 52/100 ยท close 75.37 28 Mar 2025 ยท EMD 51/100 ยท close 74.02 4 Apr 2025 ยท EMD 49/100 ยท close 71.76 11 Apr 2025 ยท EMD 55/100 ยท close 72.23 18 Apr 2025 ยท EMD 63/100 ยท close 76.60 25 Apr 2025 ยท EMD 58/100 ยท close 76.11 2 May 2025 ยท EMD 66/100 ยท close 78.30 9 May 2025 ยท EMD 66/100 ยท close 78.36 16 May 2025 ยท EMD 62/100 ยท close 77.87 23 May 2025 ยท EMD 59/100 ยท close 75.28 30 May 2025 ยท EMD 61/100 ยท close 77.81 6 Jun 2025 ยท EMD 60/100 ยท close 78.16 13 Jun 2025 ยท EMD 60/100 ยท close 77.69 20 Jun 2025 ยท EMD 56/100 ยท close 74.15 27 Jun 2025 ยท EMD 52/100 ยท close 72.88 4 Jul 2025 ยท EMD 58/100 ยท close 76.42 11 Jul 2025 ยท EMD 53/100 ยท close 74.60 18 Jul 2025 ยท EMD 56/100 ยท close 76.32 25 Jul 2025 ยท EMD 57/100 ยท close 76.72 1 Aug 2025 ยท EMD 31/100 ยท close 68.12 8 Aug 2025 ยท EMD 37/100 ยท close 68.02 15 Aug 2025 ยท EMD 35/100 ยท close 68.36 22 Aug 2025 ยท EMD 36/100 ยท close 70.96 29 Aug 2025 ยท EMD 36/100 ยท close 69.38 5 Sep 2025 ยท EMD 33/100 ยท close 66.70 12 Sep 2025 ยท EMD 32/100 ยท close 66.38 19 Sep 2025 ยท EMD 34/100 ยท close 65.96 26 Sep 2025 ยท EMD 31/100 ยท close 65.98 3 Oct 2025 ยท EMD 31/100 ยท close 66.14 10 Oct 2025 ยท EMD 33/100 ยท close 67.00 17 Oct 2025 ยท EMD 39/100 ยท close 70.14 24 Oct 2025 ยท EMD 36/100 ยท close 69.28 31 Oct 2025 ยท EMD 35/100 ยท close 66.82 7 Nov 2025 ยท EMD 40/100 ยท close 69.38 14 Nov 2025 ยท EMD 42/100 ยท close 70.58 21 Nov 2025 ยท EMD 46/100 ยท close 70.26 28 Nov 2025 ยท EMD 45/100 ยท close 70.04 5 Dec 2025 ยท EMD 44/100 ยท close 69.34 12 Dec 2025 ยท EMD 45/100 ยท close 69.50 19 Dec 2025 ยท EMD 43/100 ยท close 69.38 26 Dec 2025 ยท EMD 43/100 ยท close 68.46 2 Jan 2026 ยท EMD 46/100 ยท close 69.22 9 Jan 2026 ยท EMD 47/100 ยท close 69.94 16 Jan 2026 ยท EMD 44/100 ยท close 68.30 23 Jan 2026 ยท EMD 45/100 ยท close 67.64 30 Jan 2026 ยท EMD 51/100 ยท close 69.34 6 Feb 2026 ยท EMD 60/100 ยท close 74.00 13 Feb 2026 ยท EMD 65/100 ยท close 78.54 20 Feb 2026 ยท EMD 65/100 ยท close 77.32 27 Feb 2026 ยท EMD 67/100 ยท close 78.00 6 Mar 2026 ยท EMD 51/100 ยท close 70.92 13 Mar 2026 ยท EMD 58/100 ยท close 71.20 20 Mar 2026 ยท EMD 50/100 ยท close 66.20 27 Mar 2026 ยท EMD 38/100 ยท close 65.46 3 Apr 2026 ยท EMD 42/100 ยท close 67.66 10 Apr 2026 ยท EMD 41/100 ยท close 68.36 17 Apr 2026 ยท EMD 43/100 ยท close 68.04 24 Apr 2026 ยท EMD 41/100 ยท close 66.78 1 May 2026 ยท EMD 37/100 ยท close 65.70 8 May 2026 ยท EMD 36/100 ยท close 66.16 15 May 2026 ยท EMD 34/100 ยท close 65.54 22 May 2026 ยท EMD 39/100 ยท close 68.92 29 May 2026 ยท EMD 36/100 ยท close 67.40 5 Jun 2026 ยท EMD 36/100 ยท close 66.86 12 Jun 2026 ยท EMD 43/100 ยท close 70.76 19 Jun 2026 ยท EMD 42/100 ยท close 69.96 26 Jun 2026 ยท EMD 60/100 ยท close 73.96 3 Jul 2026 ยท EMD 56/100 ยท close 75.63 10 Jul 2026 ยท EMD 57/100 ยท close 74.99 17 Jul 2026 ยท EMD 65/100 ยท close 76.30 24 Jul 2026 ยท EMD 64/100 ยท close 75.57 31 Jul 2026 ยท EMD 69/100 ยท close 77.91 7 Aug 2026 ยท EMD 66/100 ยท close 77.34 14 Aug 2026 ยท EMD 58/100 ยท close 73.50 21 Aug 2026 ยท EMD 59/100 ยท close 72.08 28 Aug 2026 ยท EMD 57/100 ยท close 72.34 16 Feb 2024 ยท Down-cycle confirmed ยท close 84.94 12 Jul 2024 ยท Down-cycle confirmed ยท close 85.97 14 Feb 2025 ยท Up-cycle confirmed ยท close 77.67 17 Oct 2025 ยท Up-cycle confirmed ยท close 70.14 12 Jun 2026 ยท Up-cycle confirmed ยท close 70.76 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 35%Current EMD +14.34-week EMD change -23.2156-week price range EUR 64.51โ€“92.14

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

74/1000.45

Strengthening beneath price
4-week change -0.62

02

Trend and deviation

73/100+1.3% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

58/1004w -7.1% ยท 13w +7.3%

Momentum is supportive
SMI 0.69

04

Price-volume pressure

50/10050% constructive pressure

Volume is confirming the close
Volume ratio 0.00x

05

Relative leadership

7/100-15.97

The ticker is lagging its benchmark
4-week change -8.91

06

Modeled Trend

87/100Modeled Trend 0.73

Modeled Trend is supportive
Smoothed Modeled Trend 0.71

Evidence context