EBS ยท ETF ยท ENHANCED MARKET DYNAMICS

CMXUS

UBS MSCI USA NSL UCITS ETF USD acc

CH

EMD SCORE80/100

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 build100% directional agreement100% evidence confidence
Completed week
28 Aug 2026
Latest close
USD 306.80
Evidence
105 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 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.
30 Aug 2024โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท USD +100+500-50-100 316.64257.45198.26 30 Aug 2024 ยท EMD 46/100 ยท close 218.40 6 Sep 2024 ยท EMD 39/100 ยท close 212.05 13 Sep 2024 ยท EMD 48/100 ยท close 218.65 20 Sep 2024 ยท EMD 46/100 ยท close 221.25 27 Sep 2024 ยท EMD 51/100 ยท close 223.10 4 Oct 2024 ยท EMD 48/100 ยท close 222.25 11 Oct 2024 ยท EMD 47/100 ยท close 224.80 18 Oct 2024 ยท EMD 48/100 ยท close 228.80 25 Oct 2024 ยท EMD 43/100 ยท close 227.60 1 Nov 2024 ยท EMD 47/100 ยท close 224.00 8 Nov 2024 ยท EMD 58/100 ยท close 232.40 15 Nov 2024 ยท EMD 49/100 ยท close 233.25 22 Nov 2024 ยท EMD 49/100 ยท close 232.10 29 Nov 2024 ยท EMD 51/100 ยท close 234.70 6 Dec 2024 ยท EMD 53/100 ยท close 238.25 13 Dec 2024 ยท EMD 59/100 ยท close 238.50 20 Dec 2024 ยท EMD 50/100 ยท close 234.05 27 Dec 2024 ยท EMD 50/100 ยท close 234.05 3 Jan 2025 ยท EMD 48/100 ยท close 230.55 10 Jan 2025 ยท EMD 49/100 ยท close 230.40 17 Jan 2025 ยท EMD 55/100 ยท close 234.35 24 Jan 2025 ยท EMD 54/100 ยท close 238.55 31 Jan 2025 ยท EMD 52/100 ยท close 239.00 7 Feb 2025 ยท EMD 60/100 ยท close 237.05 14 Feb 2025 ยท EMD 53/100 ยท close 240.15 21 Feb 2025 ยท EMD 51/100 ยท close 239.55 28 Feb 2025 ยท EMD 42/100 ยท close 231.35 7 Mar 2025 ยท EMD 46/100 ยท close 224.25 14 Mar 2025 ยท EMD 41/100 ยท close 220.30 21 Mar 2025 ยท EMD 45/100 ยท close 221.95 28 Mar 2025 ยท EMD 44/100 ยท close 219.75 4 Apr 2025 ยท EMD 39/100 ยท close 204.60 11 Apr 2025 ยท EMD 42/100 ยท close 206.25 18 Apr 2025 ยท EMD 36/100 ยท close 207.85 25 Apr 2025 ยท EMD 45/100 ยท close 215.35 2 May 2025 ยท EMD 46/100 ยท close 222.60 9 May 2025 ยท EMD 46/100 ยท close 222.60 16 May 2025 ยท EMD 51/100 ยท close 233.30 23 May 2025 ยท EMD 47/100 ยท close 228.15 30 May 2025 ยท EMD 53/100 ยท close 231.80 6 Jun 2025 ยท EMD 70/100 ยท close 236.95 13 Jun 2025 ยท EMD 56/100 ยท close 236.85 20 Jun 2025 ยท EMD 63/100 ยท close 236.20 27 Jun 2025 ยท EMD 67/100 ยท close 243.65 4 Jul 2025 ยท EMD 70/100 ยท close 247.45 11 Jul 2025 ยท EMD 78/100 ยท close 247.20 18 Jul 2025 ยท EMD 89/100 ยท close 248.45 25 Jul 2025 ยท EMD 83/100 ยท close 251.75 1 Aug 2025 ยท EMD 78/100 ยท close 252.25 8 Aug 2025 ยท EMD 80/100 ยท close 251.60 15 Aug 2025 ยท EMD 89/100 ยท close 255.10 22 Aug 2025 ยท EMD 80/100 ยท close 255.75 29 Aug 2025 ยท EMD 80/100 ยท close 256.05 5 Sep 2025 ยท EMD 79/100 ยท close 255.65 12 Sep 2025 ยท EMD 89/100 ยท close 260.70 19 Sep 2025 ยท EMD 90/100 ยท close 263.20 26 Sep 2025 ยท EMD 77/100 ยท close 262.95 3 Oct 2025 ยท EMD 81/100 ยท close 266.50 10 Oct 2025 ยท EMD 79/100 ยท close 263.15 17 Oct 2025 ยท EMD 76/100 ยท close 261.80 24 Oct 2025 ยท EMD 78/100 ยท close 268.85 31 Oct 2025 ยท EMD 74/100 ยท close 271.45 7 Nov 2025 ยท EMD 65/100 ยท close 263.55 14 Nov 2025 ยท EMD 75/100 ยท close 267.70 21 Nov 2025 ยท EMD 67/100 ยท close 258.55 28 Nov 2025 ยท EMD 73/100 ยท close 270.10 5 Dec 2025 ยท EMD 80/100 ยท close 271.60 12 Dec 2025 ยท EMD 70/100 ยท close 269.95 19 Dec 2025 ยท EMD 73/100 ยท close 270.05 26 Dec 2025 ยท EMD 76/100 ยท close 272.55 2 Jan 2026 ยท EMD 68/100 ยท close 272.75 9 Jan 2026 ยท EMD 76/100 ยท close 274.70 16 Jan 2026 ยท EMD 70/100 ยท close 275.50 23 Jan 2026 ยท EMD 69/100 ยท close 273.55 30 Jan 2026 ยท EMD 60/100 ยท close 273.80 6 Feb 2026 ยท EMD 57/100 ยท close 269.40 13 Feb 2026 ยท EMD 55/100 ยท close 270.95 20 Feb 2026 ยท EMD 64/100 ยท close 272.25 27 Feb 2026 ยท EMD 55/100 ยท close 271.25 6 Mar 2026 ยท EMD 54/100 ยท close 268.20 13 Mar 2026 ยท EMD 53/100 ยท close 263.30 20 Mar 2026 ยท EMD 50/100 ยท close 259.45 27 Mar 2026 ยท EMD 44/100 ยท close 255.55 3 Apr 2026 ยท EMD 43/100 ยท close 256.80 10 Apr 2026 ยท EMD 50/100 ยท close 269.85 17 Apr 2026 ยท EMD 59/100 ยท close 282.05 24 Apr 2026 ยท EMD 73/100 ยท close 282.00 1 May 2026 ยท EMD 68/100 ยท close 282.85 8 May 2026 ยท EMD 81/100 ยท close 291.75 15 May 2026 ยท EMD 78/100 ยท close 294.40 22 May 2026 ยท EMD 81/100 ยท close 296.90 29 May 2026 ยท EMD 82/100 ยท close 300.20 5 Jun 2026 ยท EMD 77/100 ยท close 297.40 12 Jun 2026 ยท EMD 75/100 ยท close 294.80 19 Jun 2026 ยท EMD 75/100 ยท close 297.25 26 Jun 2026 ยท EMD 67/100 ยท close 291.15 3 Jul 2026 ยท EMD 69/100 ยท close 298.10 10 Jul 2026 ยท EMD 73/100 ยท close 299.80 17 Jul 2026 ยท EMD 70/100 ยท close 297.30 24 Jul 2026 ยท EMD 67/100 ยท close 295.20 31 Jul 2026 ยท EMD 64/100 ยท close 294.90 7 Aug 2026 ยท EMD 74/100 ยท close 308.20 14 Aug 2026 ยท EMD 73/100 ยท close 310.30 21 Aug 2026 ยท EMD 65/100 ยท close 305.35 28 Aug 2026 ยท EMD 80/100 ยท close 306.80 27 Sep 2024 ยท Up-cycle confirmed ยท close 223.10 2 May 2025 ยท Up-cycle confirmed ยท close 222.60 30 Aug 202429 Aug 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 94%Current EMD +59.44-week EMD change +30.6156-week price range USD 204.60โ€“310.30

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

70/1000.17

Strengthening beneath price
4-week change +0.01

02

Trend and deviation

91/100+7.2% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

72/1004w +4.0% ยท 13w +2.2%

Momentum is supportive
SMI 0.94

04

Price-volume pressure

100/100100% constructive pressure

Volume is confirming the close
Volume ratio 2.67x

05

Relative leadership

56/1001.39

Leadership is supportive
4-week change +3.38

06

Modeled Trend

89/100Modeled Trend 0.84

Modeled Trend is supportive
Smoothed Modeled Trend 0.75

Evidence context