GER ยท EQUITY ยท ENHANCED MARKET DYNAMICS

AHLA

Alibaba Group Holding Limited

DE ยท Consumer Cyclical ยท Internet Retail

EMD SCORE45/100

CURRENT COMPLETED-WEEK READ

Balanced

Constructive and cautious evidence are close enough to require confirmation. Conditions remain cautious, although the latest readings are improving.

Early repair20% directional agreement74% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 102.60
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

2 supportive ยท 2 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+500-50-100 165.35109.0452.72 8 Sep 2023 ยท EMD 53/100 ยท close 78.37 15 Sep 2023 ยท EMD 50/100 ยท close 76.36 22 Sep 2023 ยท EMD 58/100 ยท close 77.43 29 Sep 2023 ยท EMD 56/100 ยท close 76.78 6 Oct 2023 ยท EMD 47/100 ยท close 75.84 13 Oct 2023 ยท EMD 44/100 ยท close 74.82 20 Oct 2023 ยท EMD 34/100 ยท close 70.66 27 Oct 2023 ยท EMD 45/100 ยท close 73.32 3 Nov 2023 ยท EMD 46/100 ยท close 74.77 10 Nov 2023 ยท EMD 36/100 ยท close 71.87 17 Nov 2023 ยท EMD 28/100 ยท close 66.64 24 Nov 2023 ยท EMD 32/100 ยท close 67.01 1 Dec 2023 ยท EMD 24/100 ยท close 62.85 8 Dec 2023 ยท EMD 32/100 ยท close 62.76 15 Dec 2023 ยท EMD 36/100 ยท close 64.30 22 Dec 2023 ยท EMD 34/100 ยท close 64.92 29 Dec 2023 ยท EMD 35/100 ยท close 66.16 5 Jan 2024 ยท EMD 25/100 ยท close 63.40 12 Jan 2024 ยท EMD 31/100 ยท close 62.88 19 Jan 2024 ยท EMD 24/100 ยท close 58.76 26 Jan 2024 ยท EMD 36/100 ยท close 65.02 2 Feb 2024 ยท EMD 28/100 ยท close 62.55 9 Feb 2024 ยท EMD 24/100 ยท close 62.50 16 Feb 2024 ยท EMD 42/100 ยท close 65.68 23 Feb 2024 ยท EMD 43/100 ยท close 66.63 1 Mar 2024 ยท EMD 39/100 ยท close 65.54 8 Mar 2024 ยท EMD 39/100 ยท close 63.17 15 Mar 2024 ยท EMD 37/100 ยท close 64.26 22 Mar 2024 ยท EMD 34/100 ยท close 63.50 29 Mar 2024 ยท EMD 40/100 ยท close 63.59 5 Apr 2024 ยท EMD 35/100 ยท close 62.69 12 Apr 2024 ยท EMD 39/100 ยท close 64.50 19 Apr 2024 ยท EMD 34/100 ยท close 61.27 26 Apr 2024 ยท EMD 48/100 ยท close 67.06 3 May 2024 ยท EMD 57/100 ยท close 71.13 10 May 2024 ยท EMD 55/100 ยท close 70.47 17 May 2024 ยท EMD 70/100 ยท close 77.77 24 May 2024 ยท EMD 57/100 ยท close 70.38 31 May 2024 ยท EMD 55/100 ยท close 67.72 7 Jun 2024 ยท EMD 63/100 ยท close 69.14 14 Jun 2024 ยท EMD 52/100 ยท close 66.88 21 Jun 2024 ยท EMD 55/100 ยท close 67.08 28 Jun 2024 ยท EMD 52/100 ยท close 65.53 5 Jul 2024 ยท EMD 54/100 ยท close 66.59 12 Jul 2024 ยท EMD 63/100 ยท close 70.96 19 Jul 2024 ยท EMD 53/100 ยท close 67.18 26 Jul 2024 ยท EMD 56/100 ยท close 67.86 2 Aug 2024 ยท EMD 54/100 ยท close 67.86 9 Aug 2024 ยท EMD 67/100 ยท close 70.96 16 Aug 2024 ยท EMD 76/100 ยท close 74.07 23 Aug 2024 ยท EMD 72/100 ยท close 74.26 30 Aug 2024 ยท EMD 69/100 ยท close 72.81 6 Sep 2024 ยท EMD 63/100 ยท close 71.45 13 Sep 2024 ยท EMD 75/100 ยท close 74.17 20 Sep 2024 ยท EMD 81/100 ยท close 76.98 27 Sep 2024 ยท EMD 95/100 ยท close 93.58 4 Oct 2024 ยท EMD 93/100 ยท close 101.15 11 Oct 2024 ยท EMD 83/100 ยท close 97.46 18 Oct 2024 ยท EMD 81/100 ยท close 91.54 25 Oct 2024 ยท EMD 79/100 ยท close 87.95 1 Nov 2024 ยท EMD 77/100 ยท close 87.76 8 Nov 2024 ยท EMD 74/100 ยท close 85.23 15 Nov 2024 ยท EMD 67/100 ยท close 81.15 22 Nov 2024 ยท EMD 62/100 ยท close 77.47 29 Nov 2024 ยท EMD 67/100 ยท close 79.89 6 Dec 2024 ยท EMD 59/100 ยท close 79.12 13 Dec 2024 ยท EMD 57/100 ยท close 80.86 20 Dec 2024 ยท EMD 55/100 ยท close 77.08 27 Dec 2024 ยท EMD 57/100 ยท close 79.21 3 Jan 2025 ยท EMD 60/100 ยท close 80.48 10 Jan 2025 ยท EMD 47/100 ยท close 76.88 17 Jan 2025 ยท EMD 56/100 ยท close 79.80 24 Jan 2025 ยท EMD 57/100 ยท close 81.74 31 Jan 2025 ยท EMD 80/100 ยท close 94.07 7 Feb 2025 ยท EMD 85/100 ยท close 98.05 14 Feb 2025 ยท EMD 90/100 ยท close 113.19 21 Feb 2025 ยท EMD 96/100 ยท close 134.35 28 Feb 2025 ยท EMD 84/100 ยท close 124.06 7 Mar 2025 ยท EMD 90/100 ยท close 126.39 14 Mar 2025 ยท EMD 89/100 ยท close 124.84 21 Mar 2025 ยท EMD 78/100 ยท close 122.12 28 Mar 2025 ยท EMD 79/100 ยท close 118.43 4 Apr 2025 ยท EMD 72/100 ยท close 101.73 11 Apr 2025 ยท EMD 57/100 ยท close 87.95 18 Apr 2025 ยท EMD 61/100 ยท close 92.80 25 Apr 2025 ยท EMD 70/100 ยท close 101.73 2 May 2025 ยท EMD 71/100 ยท close 106.78 9 May 2025 ยท EMD 70/100 ยท close 108.34 16 May 2025 ยท EMD 65/100 ยท close 108.72 23 May 2025 ยท EMD 59/100 ยท close 103.09 30 May 2025 ยท EMD 49/100 ยท close 97.27 6 Jun 2025 ยท EMD 53/100 ยท close 100.96 13 Jun 2025 ยท EMD 47/100 ยท close 97.37 20 Jun 2025 ยท EMD 43/100 ยท close 97.18 27 Jun 2025 ยท EMD 41/100 ยท close 96.68 4 Jul 2025 ยท EMD 33/100 ยท close 90.45 11 Jul 2025 ยท EMD 38/100 ยท close 90.25 18 Jul 2025 ยท EMD 54/100 ยท close 102.52 25 Jul 2025 ยท EMD 45/100 ยท close 100.94 1 Aug 2025 ยท EMD 46/100 ยท close 99.75 8 Aug 2025 ยท EMD 48/100 ยท close 101.33 15 Aug 2025 ยท EMD 44/100 ยท close 102.32 22 Aug 2025 ยท EMD 50/100 ยท close 104.10 29 Aug 2025 ยท EMD 71/100 ยท close 112.22 5 Sep 2025 ยท EMD 64/100 ยท close 113.01 12 Sep 2025 ยท EMD 83/100 ยท close 129.24 19 Sep 2025 ยท EMD 84/100 ยท close 138.54 26 Sep 2025 ยท EMD 88/100 ยท close 144.87 3 Oct 2025 ยท EMD 90/100 ยท close 159.32 10 Oct 2025 ยท EMD 80/100 ยท close 137.55 17 Oct 2025 ยท EMD 86/100 ยท close 139.92 24 Oct 2025 ยท EMD 88/100 ยท close 149.62 31 Oct 2025 ยท EMD 79/100 ยท close 146.46 7 Nov 2025 ยท EMD 80/100 ยท close 139.13 14 Nov 2025 ยท EMD 82/100 ยท close 138.14 21 Nov 2025 ยท EMD 74/100 ยท close 129.83 28 Nov 2025 ยท EMD 73/100 ยท close 134.98 5 Dec 2025 ยท EMD 76/100 ยท close 134.58 12 Dec 2025 ยท EMD 66/100 ยท close 130.23 19 Dec 2025 ยท EMD 65/100 ยท close 127.26 26 Dec 2025 ยท EMD 59/100 ยท close 126.07 2 Jan 2026 ยท EMD 64/100 ยท close 130.42 9 Jan 2026 ยท EMD 60/100 ยท close 128.05 16 Jan 2026 ยท EMD 70/100 ยท close 140.32 23 Jan 2026 ยท EMD 77/100 ยท close 145.66 30 Jan 2026 ยท EMD 72/100 ยท close 143.29 6 Feb 2026 ยท EMD 67/100 ยท close 134.58 13 Feb 2026 ยท EMD 61/100 ยท close 130.62 20 Feb 2026 ยท EMD 56/100 ยท close 129.43 27 Feb 2026 ยท EMD 38/100 ยท close 121.12 6 Mar 2026 ยท EMD 36/100 ยท close 112.41 13 Mar 2026 ยท EMD 44/100 ยท close 116.97 20 Mar 2026 ยท EMD 33/100 ยท close 106.08 27 Mar 2026 ยท EMD 34/100 ยท close 105.69 3 Apr 2026 ยท EMD 32/100 ยท close 104.30 10 Apr 2026 ยท EMD 35/100 ยท close 107.86 17 Apr 2026 ยท EMD 44/100 ยท close 119.34 24 Apr 2026 ยท EMD 37/100 ยท close 114.20 1 May 2026 ยท EMD 36/100 ยท close 111.42 8 May 2026 ยท EMD 43/100 ยท close 118.35 15 May 2026 ยท EMD 31/100 ยท close 113.21 22 May 2026 ยท EMD 33/100 ยท close 111.03 29 May 2026 ยท EMD 30/100 ยท close 105.69 5 Jun 2026 ยท EMD 32/100 ยท close 105.09 12 Jun 2026 ยท EMD 30/100 ยท close 96.70 19 Jun 2026 ยท EMD 28/100 ยท close 93.00 26 Jun 2026 ยท EMD 31/100 ยท close 83.80 3 Jul 2026 ยท EMD 27/100 ยท close 84.30 10 Jul 2026 ยท EMD 30/100 ยท close 98.50 17 Jul 2026 ยท EMD 34/100 ยท close 100.60 24 Jul 2026 ยท EMD 38/100 ยท close 99.40 31 Jul 2026 ยท EMD 44/100 ยท close 105.40 7 Aug 2026 ยท EMD 40/100 ยท close 110.60 14 Aug 2026 ยท EMD 39/100 ยท close 107.00 21 Aug 2026 ยท EMD 37/100 ยท close 104.00 28 Aug 2026 ยท EMD 45/100 ยท close 102.60 26 Apr 2024 ยท Up-cycle confirmed ยท close 67.06 12 Jul 2024 ยท Up-cycle confirmed ยท close 70.96 10 Oct 2025 ยท Down-cycle confirmed ยท close 137.55 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 62%Current EMD -9.94-week EMD change +1.4156-week price range EUR 58.76โ€“159.32

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

66/1000.75

Strengthening beneath price
4-week change +1.06

02

Trend and deviation

13/100-5.4% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

47/1004w -2.7% ยท 13w -2.9%

Momentum is applying downside pressure
SMI 0.14

04

Price-volume pressure

75/10075% constructive pressure

Volume is confirming the close
Volume ratio 3.74x

05

Relative leadership

3/100-21.73

The ticker is lagging its benchmark
4-week change -4.68

06

Modeled Trend

57/100Modeled Trend 0.10

Modeled Trend is supportive
Smoothed Modeled Trend 0.13

Evidence context