STO ยท EQUITY ยท ENHANCED MARKET DYNAMICS

SWED-A

Swedbank AB (publ)

SE ยท Financial Services ยท Banks - Regional

EMD SCORE84/100

CURRENT COMPLETED-WEEK READ

Strongly constructive

The latest completed-week readings are broadly supportive. Conditions remain positive, but momentum has eased.

Constructive fade100% directional agreement100% evidence confidence
Completed week
11 Sep 2026
Latest close
SEK 387.30
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

6 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.
22 Sep 2023โ€“11 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท SEK +100+500-50-100 402.23262.88123.54 22 Sep 2023 ยท EMD 80/100 ยท close 158.88 29 Sep 2023 ยท EMD 73/100 ยท close 156.55 6 Oct 2023 ยท EMD 79/100 ยท close 156.08 13 Oct 2023 ยท EMD 86/100 ยท close 161.76 20 Oct 2023 ยท EMD 75/100 ยท close 158.72 27 Oct 2023 ยท EMD 57/100 ยท close 138.47 3 Nov 2023 ยท EMD 66/100 ยท close 142.86 10 Nov 2023 ยท EMD 49/100 ยท close 140.02 17 Nov 2023 ยท EMD 50/100 ยท close 143.37 24 Nov 2023 ยท EMD 62/100 ยท close 150.87 1 Dec 2023 ยท EMD 65/100 ยท close 151.18 8 Dec 2023 ยท EMD 67/100 ยท close 154.41 15 Dec 2023 ยท EMD 72/100 ยท close 158.41 22 Dec 2023 ยท EMD 63/100 ยท close 155.03 29 Dec 2023 ยท EMD 67/100 ยท close 158.10 5 Jan 2024 ยท EMD 70/100 ยท close 159.81 12 Jan 2024 ยท EMD 71/100 ยท close 161.45 19 Jan 2024 ยท EMD 59/100 ยท close 153.16 26 Jan 2024 ยท EMD 79/100 ยท close 165.10 2 Feb 2024 ยท EMD 77/100 ยท close 166.27 9 Feb 2024 ยท EMD 70/100 ยท close 162.61 16 Feb 2024 ยท EMD 83/100 ยท close 169.46 23 Feb 2024 ยท EMD 81/100 ยท close 172.18 1 Mar 2024 ยท EMD 85/100 ยท close 178.17 8 Mar 2024 ยท EMD 84/100 ยท close 179.72 15 Mar 2024 ยท EMD 76/100 ยท close 177.62 22 Mar 2024 ยท EMD 71/100 ยท close 174.20 29 Mar 2024 ยท EMD 74/100 ยท close 176.61 5 Apr 2024 ยท EMD 83/100 ยท close 180.86 12 Apr 2024 ยท EMD 74/100 ยท close 179.28 19 Apr 2024 ยท EMD 81/100 ยท close 178.69 26 Apr 2024 ยท EMD 68/100 ยท close 174.20 3 May 2024 ยท EMD 74/100 ยท close 176.45 10 May 2024 ยท EMD 75/100 ยท close 182.52 17 May 2024 ยท EMD 71/100 ยท close 181.69 24 May 2024 ยท EMD 67/100 ยท close 178.94 31 May 2024 ยท EMD 72/100 ยท close 181.44 7 Jun 2024 ยท EMD 69/100 ยท close 183.19 14 Jun 2024 ยท EMD 64/100 ยท close 178.53 21 Jun 2024 ยท EMD 65/100 ยท close 177.95 28 Jun 2024 ยท EMD 66/100 ยท close 181.44 5 Jul 2024 ยท EMD 64/100 ยท close 182.11 12 Jul 2024 ยท EMD 69/100 ยท close 183.35 19 Jul 2024 ยท EMD 70/100 ยท close 183.27 26 Jul 2024 ยท EMD 75/100 ยท close 188.18 2 Aug 2024 ยท EMD 61/100 ยท close 178.86 9 Aug 2024 ยท EMD 62/100 ยท close 173.79 16 Aug 2024 ยท EMD 58/100 ยท close 177.03 23 Aug 2024 ยท EMD 59/100 ยท close 180.44 30 Aug 2024 ยท EMD 60/100 ยท close 182.52 6 Sep 2024 ยท EMD 58/100 ยท close 180.77 13 Sep 2024 ยท EMD 58/100 ยท close 180.94 20 Sep 2024 ยท EMD 62/100 ยท close 183.02 27 Sep 2024 ยท EMD 56/100 ยท close 180.86 4 Oct 2024 ยท EMD 41/100 ยท close 170.54 11 Oct 2024 ยท EMD 48/100 ยท close 172.62 18 Oct 2024 ยท EMD 44/100 ยท close 172.37 25 Oct 2024 ยท EMD 50/100 ยท close 178.78 1 Nov 2024 ยท EMD 55/100 ยท close 182.11 8 Nov 2024 ยท EMD 51/100 ยท close 180.28 15 Nov 2024 ยท EMD 55/100 ยท close 180.03 22 Nov 2024 ยท EMD 49/100 ยท close 177.11 29 Nov 2024 ยท EMD 53/100 ยท close 177.86 6 Dec 2024 ยท EMD 54/100 ยท close 182.60 13 Dec 2024 ยท EMD 54/100 ยท close 182.27 20 Dec 2024 ยท EMD 52/100 ยท close 177.36 27 Dec 2024 ยท EMD 56/100 ยท close 181.02 3 Jan 2025 ยท EMD 65/100 ยท close 186.60 10 Jan 2025 ยท EMD 67/100 ยท close 187.35 17 Jan 2025 ยท EMD 79/100 ยท close 193.42 24 Jan 2025 ยท EMD 84/100 ยท close 203.40 31 Jan 2025 ยท EMD 76/100 ยท close 200.91 7 Feb 2025 ยท EMD 87/100 ยท close 205.23 14 Feb 2025 ยท EMD 87/100 ยท close 210.72 21 Feb 2025 ยท EMD 79/100 ยท close 211.97 28 Feb 2025 ยท EMD 85/100 ยท close 214.88 7 Mar 2025 ยท EMD 88/100 ยท close 218.13 14 Mar 2025 ยท EMD 86/100 ยท close 218.04 21 Mar 2025 ยท EMD 78/100 ยท close 216.21 28 Mar 2025 ยท EMD 77/100 ยท close 210.82 4 Apr 2025 ยท EMD 63/100 ยท close 184.55 11 Apr 2025 ยท EMD 76/100 ยท close 191.82 18 Apr 2025 ยท EMD 73/100 ยท close 199.45 25 Apr 2025 ยท EMD 70/100 ยท close 204.73 2 May 2025 ยท EMD 77/100 ยท close 219.91 9 May 2025 ยท EMD 79/100 ยท close 223.18 16 May 2025 ยท EMD 82/100 ยท close 231.18 23 May 2025 ยท EMD 81/100 ยท close 230.55 30 May 2025 ยท EMD 83/100 ยท close 235.91 6 Jun 2025 ยท EMD 75/100 ยท close 230.00 13 Jun 2025 ยท EMD 73/100 ยท close 224.55 20 Jun 2025 ยท EMD 72/100 ยท close 223.91 27 Jun 2025 ยท EMD 79/100 ยท close 228.73 4 Jul 2025 ยท EMD 78/100 ยท close 228.45 11 Jul 2025 ยท EMD 74/100 ยท close 227.36 18 Jul 2025 ยท EMD 77/100 ยท close 225.91 25 Jul 2025 ยท EMD 80/100 ยท close 233.73 1 Aug 2025 ยท EMD 74/100 ยท close 233.82 8 Aug 2025 ยท EMD 82/100 ยท close 243.09 15 Aug 2025 ยท EMD 83/100 ยท close 249.55 22 Aug 2025 ยท EMD 84/100 ยท close 252.00 29 Aug 2025 ยท EMD 75/100 ยท close 242.00 5 Sep 2025 ยท EMD 74/100 ยท close 241.09 12 Sep 2025 ยท EMD 84/100 ยท close 249.55 19 Sep 2025 ยท EMD 84/100 ยท close 253.00 26 Sep 2025 ยท EMD 86/100 ยท close 256.18 3 Oct 2025 ยท EMD 84/100 ยท close 257.73 10 Oct 2025 ยท EMD 87/100 ยท close 262.64 17 Oct 2025 ยท EMD 78/100 ยท close 258.00 24 Oct 2025 ยท EMD 78/100 ยท close 260.82 31 Oct 2025 ยท EMD 84/100 ยท close 262.73 7 Nov 2025 ยท EMD 78/100 ยท close 263.27 14 Nov 2025 ยท EMD 78/100 ยท close 266.45 21 Nov 2025 ยท EMD 76/100 ยท close 260.64 28 Nov 2025 ยท EMD 87/100 ยท close 273.00 5 Dec 2025 ยท EMD 83/100 ยท close 275.55 12 Dec 2025 ยท EMD 84/100 ยท close 281.00 19 Dec 2025 ยท EMD 89/100 ยท close 287.00 26 Dec 2025 ยท EMD 86/100 ยท close 289.73 2 Jan 2026 ยท EMD 87/100 ยท close 295.82 9 Jan 2026 ยท EMD 86/100 ยท close 297.82 16 Jan 2026 ยท EMD 90/100 ยท close 316.45 23 Jan 2026 ยท EMD 81/100 ยท close 311.36 30 Jan 2026 ยท EMD 80/100 ยท close 315.18 6 Feb 2026 ยท EMD 87/100 ยท close 322.91 13 Feb 2026 ยท EMD 75/100 ยท close 309.55 20 Feb 2026 ยท EMD 82/100 ยท close 317.00 27 Feb 2026 ยท EMD 79/100 ยท close 316.18 6 Mar 2026 ยท EMD 71/100 ยท close 302.09 13 Mar 2026 ยท EMD 73/100 ยท close 301.09 20 Mar 2026 ยท EMD 66/100 ยท close 297.82 27 Mar 2026 ยท EMD 77/100 ยท close 307.90 3 Apr 2026 ยท EMD 77/100 ยท close 320.70 10 Apr 2026 ยท EMD 80/100 ยท close 330.00 17 Apr 2026 ยท EMD 72/100 ยท close 330.60 24 Apr 2026 ยท EMD 69/100 ยท close 320.30 1 May 2026 ยท EMD 74/100 ยท close 323.70 8 May 2026 ยท EMD 67/100 ยท close 323.90 15 May 2026 ยท EMD 71/100 ยท close 323.10 22 May 2026 ยท EMD 78/100 ยท close 343.70 29 May 2026 ยท EMD 76/100 ยท close 341.40 5 Jun 2026 ยท EMD 77/100 ยท close 336.10 12 Jun 2026 ยท EMD 82/100 ยท close 347.90 19 Jun 2026 ยท EMD 84/100 ยท close 355.60 26 Jun 2026 ยท EMD 83/100 ยท close 358.90 3 Jul 2026 ยท EMD 84/100 ยท close 366.20 10 Jul 2026 ยท EMD 83/100 ยท close 364.00 17 Jul 2026 ยท EMD 82/100 ยท close 359.60 24 Jul 2026 ยท EMD 84/100 ยท close 371.00 31 Jul 2026 ยท EMD 83/100 ยท close 381.00 7 Aug 2026 ยท EMD 79/100 ยท close 384.40 14 Aug 2026 ยท EMD 85/100 ยท close 380.50 21 Aug 2026 ยท EMD 74/100 ยท close 373.60 28 Aug 2026 ยท EMD 88/100 ยท close 376.10 4 Sep 2026 ยท EMD 89/100 ยท close 385.90 11 Sep 2026 ยท EMD 84/100 ยท close 387.30 15 Dec 2023 ยท Up-cycle confirmed ยท close 158.41 26 Jan 2024 ยท Up-cycle confirmed ยท close 165.10 22 Sep 202321 Mar 202511 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 96%Current EMD +68.54-week EMD change -2.2156-week price range SEK 138.47โ€“387.30

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

88/1001.00

Strengthening beneath price
4-week change -0.30

02

Trend and deviation

97/100+12.5% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

76/1004w +1.8% ยท 13w +11.3%

Momentum is supportive
SMI 0.99

04

Price-volume pressure

63/10063% constructive pressure

Volume is confirming the close
Volume ratio 1.95x

05

Relative leadership

90/10013.46

Leadership is supportive
4-week change +0.78

06

Modeled Trend

91/100Modeled Trend 0.90

Modeled Trend is supportive
Smoothed Modeled Trend 0.84

Evidence context