GER ยท ETF ยท ENHANCED MARKET DYNAMICS

REUS

VanEck Circular Economy UCITS ETF A USD Acc

DE

EMD SCORE67/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build60% directional agreement87% evidence confidence
Completed week
28 Aug 2026
Latest close
EUR 25.13
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 EUR +100+500-50-100 26.0421.7217.39 8 Sep 2023 ยท EMD 39/100 ยท close 19.53 15 Sep 2023 ยท EMD 46/100 ยท close 19.71 22 Sep 2023 ยท EMD 39/100 ยท close 19.14 29 Sep 2023 ยท EMD 41/100 ยท close 18.95 6 Oct 2023 ยท EMD 37/100 ยท close 18.55 13 Oct 2023 ยท EMD 34/100 ยท close 18.61 20 Oct 2023 ยท EMD 32/100 ยท close 17.90 27 Oct 2023 ยท EMD 33/100 ยท close 17.86 3 Nov 2023 ยท EMD 40/100 ยท close 18.54 10 Nov 2023 ยท EMD 33/100 ยท close 18.42 17 Nov 2023 ยท EMD 38/100 ยท close 18.49 24 Nov 2023 ยท EMD 38/100 ยท close 18.39 1 Dec 2023 ยท EMD 39/100 ยท close 18.88 8 Dec 2023 ยท EMD 38/100 ยท close 18.98 15 Dec 2023 ยท EMD 48/100 ยท close 19.60 22 Dec 2023 ยท EMD 51/100 ยท close 19.71 29 Dec 2023 ยท EMD 55/100 ยท close 19.87 5 Jan 2024 ยท EMD 49/100 ยท close 19.33 12 Jan 2024 ยท EMD 51/100 ยท close 19.36 19 Jan 2024 ยท EMD 47/100 ยท close 19.09 26 Jan 2024 ยท EMD 57/100 ยท close 19.62 2 Feb 2024 ยท EMD 50/100 ยท close 19.42 9 Feb 2024 ยท EMD 57/100 ยท close 19.63 16 Feb 2024 ยท EMD 70/100 ยท close 20.48 23 Feb 2024 ยท EMD 72/100 ยท close 20.60 1 Mar 2024 ยท EMD 67/100 ยท close 20.50 8 Mar 2024 ยท EMD 71/100 ยท close 20.68 15 Mar 2024 ยท EMD 68/100 ยท close 20.83 22 Mar 2024 ยท EMD 72/100 ยท close 21.25 29 Mar 2024 ยท EMD 79/100 ยท close 21.65 5 Apr 2024 ยท EMD 63/100 ยท close 21.25 12 Apr 2024 ยท EMD 71/100 ยท close 21.41 19 Apr 2024 ยท EMD 64/100 ยท close 20.96 26 Apr 2024 ยท EMD 68/100 ยท close 20.96 3 May 2024 ยท EMD 70/100 ยท close 21.07 10 May 2024 ยท EMD 70/100 ยท close 21.50 17 May 2024 ยท EMD 67/100 ยท close 21.49 24 May 2024 ยท EMD 63/100 ยท close 21.24 31 May 2024 ยท EMD 62/100 ยท close 20.98 7 Jun 2024 ยท EMD 59/100 ยท close 21.03 14 Jun 2024 ยท EMD 56/100 ยท close 20.76 21 Jun 2024 ยท EMD 62/100 ยท close 21.07 28 Jun 2024 ยท EMD 64/100 ยท close 21.55 5 Jul 2024 ยท EMD 54/100 ยท close 21.12 12 Jul 2024 ยท EMD 62/100 ยท close 21.63 19 Jul 2024 ยท EMD 67/100 ยท close 21.75 26 Jul 2024 ยท EMD 59/100 ยท close 21.23 2 Aug 2024 ยท EMD 57/100 ยท close 20.99 9 Aug 2024 ยท EMD 62/100 ยท close 20.96 16 Aug 2024 ยท EMD 60/100 ยท close 21.40 23 Aug 2024 ยท EMD 63/100 ยท close 21.75 30 Aug 2024 ยท EMD 63/100 ยท close 21.82 6 Sep 2024 ยท EMD 56/100 ยท close 21.14 13 Sep 2024 ยท EMD 63/100 ยท close 21.45 20 Sep 2024 ยท EMD 56/100 ยท close 21.38 27 Sep 2024 ยท EMD 62/100 ยท close 21.90 4 Oct 2024 ยท EMD 66/100 ยท close 22.03 11 Oct 2024 ยท EMD 63/100 ยท close 21.91 18 Oct 2024 ยท EMD 65/100 ยท close 22.06 25 Oct 2024 ยท EMD 61/100 ยท close 21.87 1 Nov 2024 ยท EMD 63/100 ยท close 21.79 8 Nov 2024 ยท EMD 78/100 ยท close 22.88 15 Nov 2024 ยท EMD 70/100 ยท close 22.82 22 Nov 2024 ยท EMD 83/100 ยท close 23.66 29 Nov 2024 ยท EMD 73/100 ยท close 23.54 6 Dec 2024 ยท EMD 65/100 ยท close 23.22 13 Dec 2024 ยท EMD 61/100 ยท close 22.83 20 Dec 2024 ยท EMD 62/100 ยท close 22.20 27 Dec 2024 ยท EMD 62/100 ยท close 22.20 3 Jan 2025 ยท EMD 62/100 ยท close 22.33 10 Jan 2025 ยท EMD 59/100 ยท close 22.39 17 Jan 2025 ยท EMD 60/100 ยท close 22.75 24 Jan 2025 ยท EMD 55/100 ยท close 22.58 31 Jan 2025 ยท EMD 61/100 ยท close 23.20 7 Feb 2025 ยท EMD 61/100 ยท close 23.14 14 Feb 2025 ยท EMD 62/100 ยท close 23.38 21 Feb 2025 ยท EMD 56/100 ยท close 23.19 28 Feb 2025 ยท EMD 55/100 ยท close 22.99 7 Mar 2025 ยท EMD 47/100 ยท close 21.86 14 Mar 2025 ยท EMD 42/100 ยท close 21.62 21 Mar 2025 ยท EMD 43/100 ยท close 21.99 28 Mar 2025 ยท EMD 42/100 ยท close 22.11 4 Apr 2025 ยท EMD 35/100 ยท close 20.68 11 Apr 2025 ยท EMD 33/100 ยท close 19.98 18 Apr 2025 ยท EMD 37/100 ยท close 20.76 25 Apr 2025 ยท EMD 36/100 ยท close 20.92 2 May 2025 ยท EMD 41/100 ยท close 21.42 9 May 2025 ยท EMD 40/100 ยท close 21.72 16 May 2025 ยท EMD 42/100 ยท close 22.17 23 May 2025 ยท EMD 40/100 ยท close 21.96 30 May 2025 ยท EMD 39/100 ยท close 22.07 6 Jun 2025 ยท EMD 46/100 ยท close 22.07 13 Jun 2025 ยท EMD 44/100 ยท close 21.94 20 Jun 2025 ยท EMD 45/100 ยท close 21.99 27 Jun 2025 ยท EMD 44/100 ยท close 21.80 4 Jul 2025 ยท EMD 49/100 ยท close 22.12 11 Jul 2025 ยท EMD 48/100 ยท close 22.18 18 Jul 2025 ยท EMD 46/100 ยท close 22.02 25 Jul 2025 ยท EMD 49/100 ยท close 22.16 1 Aug 2025 ยท EMD 45/100 ยท close 21.67 8 Aug 2025 ยท EMD 49/100 ยท close 22.09 15 Aug 2025 ยท EMD 44/100 ยท close 21.93 22 Aug 2025 ยท EMD 51/100 ยท close 22.57 29 Aug 2025 ยท EMD 51/100 ยท close 22.35 5 Sep 2025 ยท EMD 54/100 ยท close 22.12 12 Sep 2025 ยท EMD 59/100 ยท close 22.22 19 Sep 2025 ยท EMD 54/100 ยท close 22.04 26 Sep 2025 ยท EMD 52/100 ยท close 21.75 3 Oct 2025 ยท EMD 59/100 ยท close 21.97 10 Oct 2025 ยท EMD 46/100 ยท close 21.75 17 Oct 2025 ยท EMD 45/100 ยท close 21.57 24 Oct 2025 ยท EMD 56/100 ยท close 22.17 31 Oct 2025 ยท EMD 42/100 ยท close 21.57 7 Nov 2025 ยท EMD 38/100 ยท close 21.12 14 Nov 2025 ยท EMD 42/100 ยท close 21.59 21 Nov 2025 ยท EMD 43/100 ยท close 21.48 28 Nov 2025 ยท EMD 51/100 ยท close 22.21 5 Dec 2025 ยท EMD 50/100 ยท close 22.29 12 Dec 2025 ยท EMD 49/100 ยท close 22.10 19 Dec 2025 ยท EMD 51/100 ยท close 22.12 26 Dec 2025 ยท EMD 51/100 ยท close 22.12 2 Jan 2026 ยท EMD 55/100 ยท close 22.42 9 Jan 2026 ยท EMD 69/100 ยท close 23.25 16 Jan 2026 ยท EMD 76/100 ยท close 23.63 23 Jan 2026 ยท EMD 78/100 ยท close 23.80 30 Jan 2026 ยท EMD 70/100 ยท close 23.46 6 Feb 2026 ยท EMD 82/100 ยท close 24.20 13 Feb 2026 ยท EMD 87/100 ยท close 24.99 20 Feb 2026 ยท EMD 78/100 ยท close 25.08 27 Feb 2026 ยท EMD 88/100 ยท close 25.25 6 Mar 2026 ยท EMD 74/100 ยท close 24.90 13 Mar 2026 ยท EMD 74/100 ยท close 24.17 20 Mar 2026 ยท EMD 69/100 ยท close 23.14 27 Mar 2026 ยท EMD 73/100 ยท close 23.26 3 Apr 2026 ยท EMD 75/100 ยท close 24.03 10 Apr 2026 ยท EMD 74/100 ยท close 24.45 17 Apr 2026 ยท EMD 68/100 ยท close 24.05 24 Apr 2026 ยท EMD 58/100 ยท close 23.54 1 May 2026 ยท EMD 66/100 ยท close 23.84 8 May 2026 ยท EMD 67/100 ยท close 24.22 15 May 2026 ยท EMD 62/100 ยท close 24.17 22 May 2026 ยท EMD 60/100 ยท close 23.78 29 May 2026 ยท EMD 55/100 ยท close 23.79 5 Jun 2026 ยท EMD 58/100 ยท close 23.87 12 Jun 2026 ยท EMD 63/100 ยท close 24.29 19 Jun 2026 ยท EMD 62/100 ยท close 24.32 26 Jun 2026 ยท EMD 69/100 ยท close 24.78 3 Jul 2026 ยท EMD 67/100 ยท close 24.75 10 Jul 2026 ยท EMD 69/100 ยท close 24.66 17 Jul 2026 ยท EMD 67/100 ยท close 24.89 24 Jul 2026 ยท EMD 71/100 ยท close 24.85 31 Jul 2026 ยท EMD 59/100 ยท close 24.70 7 Aug 2026 ยท EMD 80/100 ยท close 25.58 14 Aug 2026 ยท EMD 76/100 ยท close 25.57 21 Aug 2026 ยท EMD 68/100 ยท close 25.12 28 Aug 2026 ยท EMD 67/100 ยท close 25.13 15 Dec 2023 ยท Up-cycle confirmed ยท close 19.60 20 Mar 2026 ยท Down-cycle confirmed ยท close 23.14 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 91%Current EMD +34.74-week EMD change +15.7156-week price range EUR 17.86โ€“25.58

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

89/1001.09

Strengthening beneath price
4-week change +0.70

02

Trend and deviation

78/100+2.8% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

71/1004w +1.8% ยท 13w +5.6%

Momentum is supportive
SMI 0.83

04

Price-volume pressure

45/10045% constructive pressure

Volume is leaning against the close
Volume ratio 4.10x

05

Relative leadership

44/100-1.55

The ticker is lagging its benchmark
4-week change -2.19

06

Modeled Trend

90/100Modeled Trend 0.92

Modeled Trend is supportive
Smoothed Modeled Trend 0.72

Evidence context