NASDAQ ยท EQUITY ยท ENHANCED MARKET DYNAMICS

NDAQ

Nasdaq Inc

US ยท Financial Services ยท Financial Data & Stock Exchanges

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 build100% directional agreement100% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 99.31
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 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.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 103.5873.0942.60 8 Sep 2023 ยท EMD 38/100 ยท close 49.35 15 Sep 2023 ยท EMD 35/100 ยท close 48.93 22 Sep 2023 ยท EMD 32/100 ยท close 46.90 29 Sep 2023 ยท EMD 39/100 ยท close 46.83 6 Oct 2023 ยท EMD 41/100 ยท close 47.81 13 Oct 2023 ยท EMD 35/100 ยท close 47.58 20 Oct 2023 ยท EMD 41/100 ยท close 48.76 27 Oct 2023 ยท EMD 33/100 ยท close 45.86 3 Nov 2023 ยท EMD 44/100 ยท close 48.40 10 Nov 2023 ยท EMD 49/100 ยท close 50.22 17 Nov 2023 ยท EMD 51/100 ยท close 51.54 24 Nov 2023 ยท EMD 58/100 ยท close 53.29 1 Dec 2023 ยท EMD 60/100 ยท close 53.87 8 Dec 2023 ยท EMD 53/100 ยท close 52.22 15 Dec 2023 ยท EMD 59/100 ยท close 52.97 22 Dec 2023 ยท EMD 69/100 ยท close 55.19 29 Dec 2023 ยท EMD 69/100 ยท close 56.26 5 Jan 2024 ยท EMD 63/100 ยท close 53.87 12 Jan 2024 ยท EMD 70/100 ยท close 55.09 19 Jan 2024 ยท EMD 70/100 ยท close 55.98 26 Jan 2024 ยท EMD 70/100 ยท close 56.72 2 Feb 2024 ยท EMD 62/100 ยท close 54.82 9 Feb 2024 ยท EMD 69/100 ยท close 55.40 16 Feb 2024 ยท EMD 59/100 ยท close 53.63 23 Feb 2024 ยท EMD 64/100 ยท close 54.82 1 Mar 2024 ยท EMD 63/100 ยท close 54.70 8 Mar 2024 ยท EMD 71/100 ยท close 58.07 15 Mar 2024 ยท EMD 70/100 ยท close 57.96 22 Mar 2024 ยท EMD 72/100 ยท close 59.86 29 Mar 2024 ยท EMD 79/100 ยท close 61.28 5 Apr 2024 ยท EMD 76/100 ยท close 60.25 12 Apr 2024 ยท EMD 69/100 ยท close 59.75 19 Apr 2024 ยท EMD 70/100 ยท close 58.61 26 Apr 2024 ยท EMD 70/100 ยท close 58.39 3 May 2024 ยท EMD 73/100 ยท close 59.12 10 May 2024 ยท EMD 68/100 ยท close 58.91 17 May 2024 ยท EMD 76/100 ยท close 60.95 24 May 2024 ยท EMD 71/100 ยท close 60.44 31 May 2024 ยท EMD 58/100 ยท close 57.33 7 Jun 2024 ยท EMD 55/100 ยท close 57.09 14 Jun 2024 ยท EMD 51/100 ยท close 57.15 21 Jun 2024 ยท EMD 55/100 ยท close 58.75 28 Jun 2024 ยท EMD 54/100 ยท close 58.76 5 Jul 2024 ยท EMD 54/100 ยท close 58.88 12 Jul 2024 ยท EMD 60/100 ยท close 61.14 19 Jul 2024 ยท EMD 58/100 ยท close 60.96 26 Jul 2024 ยท EMD 80/100 ยท close 65.30 2 Aug 2024 ยท EMD 73/100 ยท close 65.20 9 Aug 2024 ยท EMD 87/100 ยท close 66.40 16 Aug 2024 ยท EMD 85/100 ยท close 68.10 23 Aug 2024 ยท EMD 82/100 ยท close 68.60 30 Aug 2024 ยท EMD 87/100 ยท close 70.29 6 Sep 2024 ยท EMD 81/100 ยท close 70.16 13 Sep 2024 ยท EMD 88/100 ยท close 71.42 20 Sep 2024 ยท EMD 88/100 ยท close 72.68 27 Sep 2024 ยท EMD 76/100 ยท close 71.03 4 Oct 2024 ยท EMD 76/100 ยท close 70.56 11 Oct 2024 ยท EMD 78/100 ยท close 70.07 18 Oct 2024 ยท EMD 84/100 ยท close 73.29 25 Oct 2024 ยท EMD 81/100 ยท close 73.08 1 Nov 2024 ยท EMD 75/100 ยท close 72.71 8 Nov 2024 ยท EMD 85/100 ยท close 76.99 15 Nov 2024 ยท EMD 79/100 ยท close 77.06 22 Nov 2024 ยท EMD 86/100 ยท close 79.32 29 Nov 2024 ยท EMD 86/100 ยท close 81.20 6 Dec 2024 ยท EMD 78/100 ยท close 79.62 13 Dec 2024 ยท EMD 79/100 ยท close 78.62 20 Dec 2024 ยท EMD 71/100 ยท close 76.25 27 Dec 2024 ยท EMD 75/100 ยท close 76.95 3 Jan 2025 ยท EMD 74/100 ยท close 76.76 10 Jan 2025 ยท EMD 63/100 ยท close 74.46 17 Jan 2025 ยท EMD 70/100 ยท close 77.35 24 Jan 2025 ยท EMD 71/100 ยท close 79.63 31 Jan 2025 ยท EMD 79/100 ยท close 80.80 7 Feb 2025 ยท EMD 77/100 ยท close 81.27 14 Feb 2025 ยท EMD 70/100 ยท close 79.40 21 Feb 2025 ยท EMD 67/100 ยท close 79.55 28 Feb 2025 ยท EMD 76/100 ยท close 81.23 7 Mar 2025 ยท EMD 53/100 ยท close 73.26 14 Mar 2025 ยท EMD 58/100 ยท close 72.12 21 Mar 2025 ยท EMD 53/100 ยท close 74.38 28 Mar 2025 ยท EMD 49/100 ยท close 73.75 4 Apr 2025 ยท EMD 44/100 ยท close 67.19 11 Apr 2025 ยท EMD 54/100 ยท close 70.42 18 Apr 2025 ยท EMD 49/100 ยท close 71.06 25 Apr 2025 ยท EMD 54/100 ยท close 74.19 2 May 2025 ยท EMD 58/100 ยท close 76.97 9 May 2025 ยท EMD 58/100 ยท close 77.98 16 May 2025 ยท EMD 67/100 ยท close 80.63 23 May 2025 ยท EMD 66/100 ยท close 80.51 30 May 2025 ยท EMD 69/100 ยท close 82.24 6 Jun 2025 ยท EMD 73/100 ยท close 84.28 13 Jun 2025 ยท EMD 76/100 ยท close 84.53 20 Jun 2025 ยท EMD 77/100 ยท close 85.03 27 Jun 2025 ยท EMD 82/100 ยท close 87.98 4 Jul 2025 ยท EMD 82/100 ยท close 88.95 11 Jul 2025 ยท EMD 78/100 ยท close 88.30 18 Jul 2025 ยท EMD 79/100 ยท close 88.26 25 Jul 2025 ยท EMD 87/100 ยท close 93.66 1 Aug 2025 ยท EMD 83/100 ยท close 93.99 8 Aug 2025 ยท EMD 85/100 ยท close 95.65 15 Aug 2025 ยท EMD 76/100 ยท close 93.51 22 Aug 2025 ยท EMD 81/100 ยท close 93.58 29 Aug 2025 ยท EMD 79/100 ยท close 93.57 5 Sep 2025 ยท EMD 76/100 ยท close 92.32 12 Sep 2025 ยท EMD 71/100 ยท close 93.05 19 Sep 2025 ยท EMD 58/100 ยท close 88.71 26 Sep 2025 ยท EMD 56/100 ยท close 86.67 3 Oct 2025 ยท EMD 55/100 ยท close 86.77 10 Oct 2025 ยท EMD 55/100 ยท close 88.05 17 Oct 2025 ยท EMD 54/100 ยท close 87.74 24 Oct 2025 ยท EMD 51/100 ยท close 87.59 31 Oct 2025 ยท EMD 46/100 ยท close 84.67 7 Nov 2025 ยท EMD 47/100 ยท close 86.41 14 Nov 2025 ยท EMD 44/100 ยท close 86.25 21 Nov 2025 ยท EMD 46/100 ยท close 86.82 28 Nov 2025 ยท EMD 50/100 ยท close 90.05 5 Dec 2025 ยท EMD 50/100 ยท close 89.62 12 Dec 2025 ยท EMD 57/100 ยท close 92.95 19 Dec 2025 ยท EMD 71/100 ยท close 94.73 26 Dec 2025 ยท EMD 76/100 ยท close 98.69 2 Jan 2026 ยท EMD 69/100 ยท close 96.02 9 Jan 2026 ยท EMD 72/100 ยท close 97.59 16 Jan 2026 ยท EMD 79/100 ยท close 100.31 23 Jan 2026 ยท EMD 68/100 ยท close 97.40 30 Jan 2026 ยท EMD 67/100 ยท close 96.25 6 Feb 2026 ยท EMD 46/100 ยท close 84.27 13 Feb 2026 ยท EMD 40/100 ยท close 78.95 20 Feb 2026 ยท EMD 43/100 ยท close 81.33 27 Feb 2026 ยท EMD 47/100 ยท close 87.00 6 Mar 2026 ยท EMD 48/100 ยท close 87.85 13 Mar 2026 ยท EMD 44/100 ยท close 84.97 20 Mar 2026 ยท EMD 46/100 ยท close 86.04 27 Mar 2026 ยท EMD 35/100 ยท close 81.20 3 Apr 2026 ยท EMD 44/100 ยท close 86.35 10 Apr 2026 ยท EMD 33/100 ยท close 82.87 17 Apr 2026 ยท EMD 43/100 ยท close 88.30 24 Apr 2026 ยท EMD 46/100 ยท close 89.59 1 May 2026 ยท EMD 45/100 ยท close 91.00 8 May 2026 ยท EMD 44/100 ยท close 88.60 15 May 2026 ยท EMD 49/100 ยท close 90.74 22 May 2026 ยท EMD 49/100 ยท close 90.69 29 May 2026 ยท EMD 51/100 ยท close 92.20 5 Jun 2026 ยท EMD 43/100 ยท close 86.98 12 Jun 2026 ยท EMD 49/100 ยท close 88.98 19 Jun 2026 ยท EMD 36/100 ยท close 82.24 26 Jun 2026 ยท EMD 33/100 ยท close 78.56 3 Jul 2026 ยท EMD 44/100 ยท close 84.66 10 Jul 2026 ยท EMD 46/100 ยท close 88.08 17 Jul 2026 ยท EMD 51/100 ยท close 91.64 24 Jul 2026 ยท EMD 55/100 ยท close 92.09 31 Jul 2026 ยท EMD 59/100 ยท close 94.19 7 Aug 2026 ยท EMD 63/100 ยท close 94.59 14 Aug 2026 ยท EMD 67/100 ยท close 97.02 21 Aug 2026 ยท EMD 70/100 ยท close 98.22 28 Aug 2026 ยท EMD 73/100 ยท close 99.31 17 Nov 2023 ยท Up-cycle confirmed ยท close 51.54 6 Feb 2026 ยท Down-cycle confirmed ยท close 84.27 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 92%Current EMD +45.34-week EMD change +28.2156-week price range USD 45.86โ€“100.31

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

88/1000.93

Strengthening beneath price
4-week change +0.43

02

Trend and deviation

97/100+12.5% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

75/1004w +5.4% ยท 13w +7.7%

Momentum is supportive
SMI 0.50

04

Price-volume pressure

50/10050% constructive pressure

Volume is confirming the close
Volume ratio 0.63x

05

Relative leadership

46/100-0.96

The ticker is lagging its benchmark
4-week change +2.79

06

Modeled Trend

79/100Modeled Trend 0.41

Modeled Trend is supportive
Smoothed Modeled Trend 0.63

Evidence context