TOR ยท ETF ยท ENHANCED MARKET DYNAMICS

AMGN

Amgen Inc.

CA

EMD SCORE74/100

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 build60% directional agreement76% evidence confidence
Completed week
28 Aug 2026
Latest close
CAD 32.00
Evidence
36 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.
26 Dec 2025โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท CAD +100+500-50-100 32.8928.2823.68 26 Dec 2025 ยท EMD 41/100 ยท close 24.53 2 Jan 2026 ยท EMD 45/100 ยท close 24.48 9 Jan 2026 ยท EMD 42/100 ยท close 24.17 16 Jan 2026 ยท EMD 53/100 ยท close 24.28 23 Jan 2026 ยท EMD 50/100 ยท close 25.65 30 Jan 2026 ยท EMD 44/100 ยท close 25.18 6 Feb 2026 ยท EMD 59/100 ยท close 28.17 13 Feb 2026 ยท EMD 51/100 ยท close 27.39 20 Feb 2026 ยท EMD 48/100 ยท close 27.91 27 Feb 2026 ยท EMD 57/100 ยท close 28.80 6 Mar 2026 ยท EMD 46/100 ยท close 27.34 13 Mar 2026 ยท EMD 48/100 ยท close 27.35 20 Mar 2026 ยท EMD 38/100 ยท close 25.81 27 Mar 2026 ยท EMD 48/100 ยท close 26.18 3 Apr 2026 ยท EMD 40/100 ยท close 25.76 10 Apr 2026 ยท EMD 52/100 ยท close 25.96 17 Apr 2026 ยท EMD 50/100 ยท close 25.88 24 Apr 2026 ยท EMD 49/100 ยท close 25.66 1 May 2026 ยท EMD 44/100 ยท close 24.23 8 May 2026 ยท EMD 46/100 ยท close 24.27 15 May 2026 ยท EMD 44/100 ยท close 24.30 22 May 2026 ยท EMD 47/100 ยท close 25.40 29 May 2026 ยท EMD 44/100 ยท close 25.07 5 Jun 2026 ยท EMD 49/100 ยท close 26.50 12 Jun 2026 ยท EMD 57/100 ยท close 26.45 19 Jun 2026 ยท EMD 46/100 ยท close 25.30 26 Jun 2026 ยท EMD 47/100 ยท close 26.54 3 Jul 2026 ยท EMD 51/100 ยท close 28.10 10 Jul 2026 ยท EMD 50/100 ยท close 26.95 17 Jul 2026 ยท EMD 70/100 ยท close 27.00 24 Jul 2026 ยท EMD 79/100 ยท close 27.76 31 Jul 2026 ยท EMD 67/100 ยท close 28.10 7 Aug 2026 ยท EMD 88/100 ยท close 30.25 14 Aug 2026 ยท EMD 84/100 ยท close 30.51 21 Aug 2026 ยท EMD 93/100 ยท close 32.40 28 Aug 2026 ยท EMD 74/100 ยท close 32.00 23 Jan 2026 ยท Up-cycle confirmed ยท close 25.65 5 Jun 2026 ยท Up-cycle confirmed ยท close 26.50 26 Dec 20251 May 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 93%Current EMD +48.64-week EMD change +15.6156-week price range CAD 24.17โ€“32.40

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

92/1001.18

Strengthening beneath price
4-week change +0.48

02

Trend and deviation

99/100+18.0% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

94/1004w +13.9% ยท 13w +27.6%

Momentum is supportive
SMI 0.77

04

Price-volume pressure

15/10015% constructive pressure

Volume is leaning against the close
Volume ratio 1.77x

05

Modeled Trend

88/100Modeled Trend 0.73

Modeled Trend is supportive
Smoothed Modeled Trend 0.74

Evidence context