TOR ยท EQUITY ยท ENHANCED MARKET DYNAMICS

CTGO

Contango Silver & Gold Inc.

CA ยท Basic Materials ยท Gold

EMD SCORE40/100

CURRENT COMPLETED-WEEK READ

Cautious

The balance of evidence is weakening and risk control deserves more attention. Conditions remain cautious, although the latest readings are improving.

Early repair0% directional agreement57% evidence confidence
Completed week
28 Aug 2026
Latest close
CAD 26.77
Evidence
20 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 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.
17 Apr 2026โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท CAD +100+500-50-100 38.1629.3920.62 17 Apr 2026 ยท EMD 45/100 ยท close 33.70 24 Apr 2026 ยท EMD 44/100 ยท close 31.07 1 May 2026 ยท EMD 45/100 ยท close 31.03 8 May 2026 ยท EMD 49/100 ยท close 37.22 15 May 2026 ยท EMD 38/100 ยท close 30.90 22 May 2026 ยท EMD 43/100 ยท close 28.70 29 May 2026 ยท EMD 42/100 ยท close 27.79 5 Jun 2026 ยท EMD 40/100 ยท close 22.98 12 Jun 2026 ยท EMD 42/100 ยท close 22.98 19 Jun 2026 ยท EMD 41/100 ยท close 23.40 26 Jun 2026 ยท EMD 41/100 ยท close 22.25 3 Jul 2026 ยท EMD 47/100 ยท close 25.10 10 Jul 2026 ยท EMD 45/100 ยท close 23.78 17 Jul 2026 ยท EMD 40/100 ยท close 22.45 24 Jul 2026 ยท EMD 41/100 ยท close 22.30 31 Jul 2026 ยท EMD 28/100 ยท close 21.56 7 Aug 2026 ยท EMD 49/100 ยท close 26.80 14 Aug 2026 ยท EMD 48/100 ยท close 27.94 21 Aug 2026 ยท EMD 45/100 ยท close 27.50 28 Aug 2026 ยท EMD 40/100 ยท close 26.77 15 May 2026 ยท Down-cycle confirmed ยท close 30.90 3 Jul 2026 ยท Up-cycle confirmed ยท close 25.10 7 Aug 2026 ยท Up-cycle confirmed ยท close 26.80 17 Apr 202626 Jun 202628 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 47%Current EMD -19.24-week EMD change +24.6156-week price range CAD 21.56โ€“37.22

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

50/1000.00

Strengthening beneath price
4-week change +0.00

02

Trend and deviation

0/100โ€”% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

68/1004w +24.2% ยท 13w -3.7%

Momentum is supportive
SMI 0.15

04

Price-volume pressure

8/1008% constructive pressure

Volume is leaning against the close
Volume ratio 3.87x

05

Modeled Trend

57/100Modeled Trend 0.10

Modeled Trend is supportive
Smoothed Modeled Trend 0.10

Evidence context