AMS ยท ETF ยท ENHANCED MARKET DYNAMICS

IKRA

iShares MSCI Korea UCITS ETF USD (Dist)

NL

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 build67% directional agreement89% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 113.94
Evidence
156 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.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท EUR +100+500-50-100 140.4383.5026.58 8 Sep 2023 ยท EMD 52/100 ยท close 39.00 15 Sep 2023 ยท EMD 59/100 ยท close 39.97 22 Sep 2023 ยท EMD 53/100 ยท close 38.61 29 Sep 2023 ยท EMD 47/100 ยท close 37.83 6 Oct 2023 ยท EMD 43/100 ยท close 37.09 13 Oct 2023 ยท EMD 47/100 ยท close 37.73 20 Oct 2023 ยท EMD 38/100 ยท close 36.42 27 Oct 2023 ยท EMD 37/100 ยท close 35.21 3 Nov 2023 ยท EMD 49/100 ยท close 37.70 10 Nov 2023 ยท EMD 39/100 ยท close 37.88 17 Nov 2023 ยท EMD 51/100 ยท close 38.67 24 Nov 2023 ยท EMD 49/100 ยท close 38.44 1 Dec 2023 ยท EMD 51/100 ยท close 39.00 8 Dec 2023 ยท EMD 50/100 ยท close 38.97 15 Dec 2023 ยท EMD 55/100 ยท close 39.77 22 Dec 2023 ยท EMD 64/100 ยท close 40.32 29 Dec 2023 ยท EMD 62/100 ยท close 41.18 5 Jan 2024 ยท EMD 56/100 ยท close 40.14 12 Jan 2024 ยท EMD 51/100 ยท close 38.88 19 Jan 2024 ยท EMD 50/100 ยท close 37.67 26 Jan 2024 ยท EMD 51/100 ยท close 38.06 2 Feb 2024 ยท EMD 57/100 ยท close 40.05 9 Feb 2024 ยท EMD 62/100 ยท close 40.58 16 Feb 2024 ยท EMD 62/100 ยท close 41.06 23 Feb 2024 ยท EMD 69/100 ยท close 41.32 1 Mar 2024 ยท EMD 73/100 ยท close 41.37 8 Mar 2024 ยท EMD 68/100 ยท close 41.90 15 Mar 2024 ยท EMD 63/100 ยท close 41.38 22 Mar 2024 ยท EMD 74/100 ยท close 42.82 29 Mar 2024 ยท EMD 69/100 ยท close 43.09 5 Apr 2024 ยท EMD 64/100 ยท close 42.44 12 Apr 2024 ยท EMD 61/100 ยท close 41.15 19 Apr 2024 ยท EMD 58/100 ยท close 40.28 26 Apr 2024 ยท EMD 59/100 ยท close 40.94 3 May 2024 ยท EMD 62/100 ยท close 41.67 10 May 2024 ยท EMD 53/100 ยท close 41.65 17 May 2024 ยท EMD 56/100 ยท close 41.59 24 May 2024 ยท EMD 52/100 ยท close 40.71 31 May 2024 ยท EMD 43/100 ยท close 39.13 7 Jun 2024 ยท EMD 55/100 ยท close 41.01 14 Jun 2024 ยท EMD 56/100 ยท close 41.73 21 Jun 2024 ยท EMD 56/100 ยท close 42.29 28 Jun 2024 ยท EMD 63/100 ยท close 42.88 5 Jul 2024 ยท EMD 69/100 ยท close 44.04 12 Jul 2024 ยท EMD 63/100 ยท close 43.81 19 Jul 2024 ยท EMD 55/100 ยท close 41.80 26 Jul 2024 ยท EMD 58/100 ยท close 41.38 2 Aug 2024 ยท EMD 51/100 ยท close 40.25 9 Aug 2024 ยท EMD 48/100 ยท close 39.12 16 Aug 2024 ยท EMD 49/100 ยท close 40.99 23 Aug 2024 ยท EMD 48/100 ยท close 41.35 30 Aug 2024 ยท EMD 45/100 ยท close 40.50 6 Sep 2024 ยท EMD 33/100 ยท close 37.46 13 Sep 2024 ยท EMD 43/100 ยท close 38.81 20 Sep 2024 ยท EMD 34/100 ยท close 38.15 27 Sep 2024 ยท EMD 42/100 ยท close 40.33 4 Oct 2024 ยท EMD 35/100 ยท close 38.34 11 Oct 2024 ยท EMD 38/100 ยท close 38.92 18 Oct 2024 ยท EMD 36/100 ยท close 38.55 25 Oct 2024 ยท EMD 34/100 ยท close 37.90 1 Nov 2024 ยท EMD 35/100 ยท close 37.43 8 Nov 2024 ยท EMD 29/100 ยท close 37.15 15 Nov 2024 ยท EMD 28/100 ยท close 35.98 22 Nov 2024 ยท EMD 38/100 ยท close 37.50 29 Nov 2024 ยท EMD 30/100 ยท close 36.41 6 Dec 2024 ยท EMD 31/100 ยท close 35.11 13 Dec 2024 ยท EMD 40/100 ยท close 35.86 20 Dec 2024 ยท EMD 29/100 ยท close 34.55 27 Dec 2024 ยท EMD 27/100 ยท close 33.92 3 Jan 2025 ยท EMD 40/100 ยท close 35.26 10 Jan 2025 ยท EMD 34/100 ยท close 36.06 17 Jan 2025 ยท EMD 44/100 ยท close 36.77 24 Jan 2025 ยท EMD 42/100 ยท close 36.66 31 Jan 2025 ยท EMD 46/100 ยท close 36.20 7 Feb 2025 ยท EMD 45/100 ยท close 36.36 14 Feb 2025 ยท EMD 48/100 ยท close 37.23 21 Feb 2025 ยท EMD 53/100 ยท close 38.44 28 Feb 2025 ยท EMD 41/100 ยท close 36.21 7 Mar 2025 ยท EMD 38/100 ยท close 35.04 14 Mar 2025 ยท EMD 49/100 ยท close 35.54 21 Mar 2025 ยท EMD 49/100 ยท close 36.57 28 Mar 2025 ยท EMD 42/100 ยท close 35.18 4 Apr 2025 ยท EMD 36/100 ยท close 32.68 11 Apr 2025 ยท EMD 40/100 ยท close 32.71 18 Apr 2025 ยท EMD 35/100 ยท close 33.15 25 Apr 2025 ยท EMD 35/100 ยท close 33.57 2 May 2025 ยท EMD 42/100 ยท close 34.98 9 May 2025 ยท EMD 39/100 ยท close 35.08 16 May 2025 ยท EMD 49/100 ยท close 36.28 23 May 2025 ยท EMD 46/100 ยท close 35.74 30 May 2025 ยท EMD 50/100 ยท close 36.82 6 Jun 2025 ยท EMD 70/100 ยท close 39.57 13 Jun 2025 ยท EMD 67/100 ยท close 39.55 20 Jun 2025 ยท EMD 79/100 ยท close 40.78 27 Jun 2025 ยท EMD 81/100 ยท close 41.56 4 Jul 2025 ยท EMD 80/100 ยท close 41.32 11 Jul 2025 ยท EMD 86/100 ยท close 42.68 18 Jul 2025 ยท EMD 79/100 ยท close 42.91 25 Jul 2025 ยท EMD 82/100 ยท close 42.77 1 Aug 2025 ยท EMD 78/100 ยท close 42.29 8 Aug 2025 ยท EMD 84/100 ยท close 43.48 15 Aug 2025 ยท EMD 76/100 ยท close 43.44 22 Aug 2025 ยท EMD 91/100 ยท close 43.57 29 Aug 2025 ยท EMD 77/100 ยท close 42.69 5 Sep 2025 ยท EMD 82/100 ยท close 43.20 12 Sep 2025 ยท EMD 88/100 ยท close 46.34 19 Sep 2025 ยท EMD 85/100 ยท close 47.15 26 Sep 2025 ยท EMD 78/100 ยท close 46.72 3 Oct 2025 ยท EMD 95/100 ยท close 49.85 10 Oct 2025 ยท EMD 77/100 ยท close 49.40 17 Oct 2025 ยท EMD 94/100 ยท close 52.51 24 Oct 2025 ยท EMD 88/100 ยท close 53.81 31 Oct 2025 ยท EMD 92/100 ยท close 58.69 7 Nov 2025 ยท EMD 80/100 ยท close 54.27 14 Nov 2025 ยท EMD 88/100 ยท close 56.67 21 Nov 2025 ยท EMD 78/100 ยท close 53.24 28 Nov 2025 ยท EMD 83/100 ยท close 54.57 5 Dec 2025 ยท EMD 87/100 ยท close 56.46 12 Dec 2025 ยท EMD 73/100 ยท close 55.27 19 Dec 2025 ยท EMD 88/100 ยท close 55.66 26 Dec 2025 ยท EMD 84/100 ยท close 57.25 2 Jan 2026 ยท EMD 87/100 ยท close 62.40 9 Jan 2026 ยท EMD 95/100 ยท close 67.56 16 Jan 2026 ยท EMD 94/100 ยท close 69.73 23 Jan 2026 ยท EMD 95/100 ยท close 71.55 30 Jan 2026 ยท EMD 92/100 ยท close 75.74 6 Feb 2026 ยท EMD 89/100 ยท close 75.28 13 Feb 2026 ยท EMD 92/100 ยท close 80.66 20 Feb 2026 ยท EMD 95/100 ยท close 86.64 27 Feb 2026 ยท EMD 92/100 ยท close 92.48 6 Mar 2026 ยท EMD 81/100 ยท close 79.27 13 Mar 2026 ยท EMD 86/100 ยท close 79.60 20 Mar 2026 ยท EMD 78/100 ยท close 80.84 27 Mar 2026 ยท EMD 74/100 ยท close 75.74 3 Apr 2026 ยท EMD 82/100 ยท close 76.66 10 Apr 2026 ยท EMD 85/100 ยท close 85.50 17 Apr 2026 ยท EMD 86/100 ยท close 94.46 24 Apr 2026 ยท EMD 87/100 ยท close 95.62 1 May 2026 ยท EMD 87/100 ยท close 97.42 8 May 2026 ยท EMD 91/100 ยท close 115.65 15 May 2026 ยท EMD 87/100 ยท close 112.29 22 May 2026 ยท EMD 91/100 ยท close 115.31 29 May 2026 ยท EMD 92/100 ยท close 126.21 5 Jun 2026 ยท EMD 80/100 ยท close 115.63 12 Jun 2026 ยท EMD 89/100 ยท close 123.35 19 Jun 2026 ยท EMD 89/100 ยท close 134.33 26 Jun 2026 ยท EMD 87/100 ยท close 125.46 3 Jul 2026 ยท EMD 87/100 ยท close 120.90 10 Jul 2026 ยท EMD 84/100 ยท close 115.39 17 Jul 2026 ยท EMD 78/100 ยท close 102.85 24 Jul 2026 ยท EMD 72/100 ยท close 104.55 31 Jul 2026 ยท EMD 66/100 ยท close 99.06 7 Aug 2026 ยท EMD 65/100 ยท close 102.98 14 Aug 2026 ยท EMD 76/100 ยท close 112.75 21 Aug 2026 ยท EMD 67/100 ยท close 111.20 28 Aug 2026 ยท EMD 77/100 ยท close 113.94 29 Dec 2023 ยท Up-cycle confirmed ยท close 41.18 23 Feb 2024 ยท Up-cycle confirmed ยท close 41.32 21 Jun 2024 ยท Up-cycle confirmed ยท close 42.29 27 Jun 2025 ยท Up-cycle confirmed ยท close 41.56 5 Jun 2026 ยท Down-cycle confirmed ยท close 115.63 26 Jun 2026 ยท Down-cycle confirmed ยท close 125.46 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 93%Current EMD +53.34-week EMD change +21.1156-week price range EUR 32.68โ€“134.33

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

37/100-0.69

Cautious pressure beneath price
4-week change +0.02

02

Trend and deviation

97/100+12.0% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

72/1004w +15.0% ยท 13w -9.7%

Momentum is supportive
SMI 0.74

04

Price-volume pressure

85/10085% constructive pressure

Volume is confirming the close
Volume ratio 1.75x

05

Relative leadership

99/10026.40

Leadership is supportive
4-week change +9.53

06

Modeled Trend

88/100Modeled Trend 0.71

Modeled Trend is supportive
Smoothed Modeled Trend 0.79

Evidence context