NYSEARCA · ETF · ENHANCED MARKET DYNAMICS

WEAT

TEUCRIUM COMMODITY TRUST WHEAT FD NEW (REV SPT)

EMD SCORE59/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions remain positive, but momentum has eased.

Constructive fade20% directional agreement74/100 evidence quality6/6 sources available

Completed week: 9 Oct 2026
Latest close: USD 24.41
Evidence: 156 weeks

Four-week EMD change-36.6 pts

signed chart scale −100 to +100

Four-week price-7.0%

completed closing prices

Current directional run34 weeks

on the same side of EMD zero

Recent consistency13/13

recent readings above zero

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

3 supportive · 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks · bars use the left EMD axis; price uses the right axis.

20 Oct 2023–9 Oct 2026

Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation

Confirmation markers describe price-zone departures within this saved history. Earlier markers can change as the history changes; they are not a record of signals available in real time.

Cycle position 52%Current EMD +17.94-week EMD change -36.6Full saved history price range USD 19.98–32.10

View chart values · 156 observations

Week	Close · USD	EMD −100 to +100	Score /100	Agreement %	Coverage %
2023-10-20	29.35	-47.01	26	100	83
2023-10-27	29.00	-46.95	27	100	83
2023-11-03	28.85	-36.16	32	50	83
2023-11-10	28.80	-36.83	32	60	100
2023-11-17	27.85	-45.62	27	67	100
2023-11-24	27.75	-40.79	30	60	100
2023-12-01	28.80	-23.53	38	20	100
2023-12-08	29.90	-17.52	41	20	100
2023-12-15	29.70	-9.87	45	20	100
2023-12-22	29.30	-12.26	44	20	100
2023-12-29	29.85	-9.79	45	20	100
2024-01-05	29.40	-13.19	43	0	100
2024-01-12	28.70	-18.4	41	0	100
2024-01-19	28.30	-21.12	39	33	100
2024-01-26	28.65	-21.38	39	33	100
2024-02-02	28.60	-19.61	40	33	100
2024-02-09	27.95	-26.77	37	50	100
2024-02-16	26.15	-40.58	30	67	100
2024-02-23	26.60	-36.66	32	67	100
2024-03-01	26.20	-43.11	28	67	100
2024-03-08	25.70	-42.59	29	67	100
2024-03-15	25.50	-42.7	29	67	100
2024-03-22	26.65	-24.91	38	20	100
2024-03-29	27.05	-20.69	40	20	100
2024-04-05	27.30	-17.53	41	0	100
2024-04-12	26.75	-28.58	36	60	100
2024-04-19	26.70	-18.61	41	20	100
2024-04-26	29.25	2.98	51	50	100
2024-05-03	29.35	4.98	52	60	100
2024-05-10	30.85	24.59	62	67	100
2024-05-17	30.45	9.9	55	33	100
2024-05-24	32.10	32.56	66	67	100
2024-05-31	31.60	31.3	66	33	100
2024-06-07	29.50	14.85	57	33	100
2024-06-14	28.45	7.6	54	33	100
2024-06-21	26.60	-3.94	48	0	100
2024-06-28	26.55	-7.32	46	20	100
2024-07-05	27.20	-8.92	46	0	100
2024-07-12	25.80	-28.77	36	60	100
2024-07-19	25.45	-18.87	41	20	100
2024-07-26	24.60	-37.09	31	67	100
2024-08-02	25.10	-24.55	38	33	100
2024-08-09	25.35	-26.82	37	33	100
2024-08-16	24.80	-35.94	32	60	100
2024-08-23	23.95	-43.88	28	67	100
2024-08-30	24.85	-29.46	35	33	100
2024-09-06	25.40	-33.48	33	60	100
2024-09-13	26.50	-16.38	42	0	100
2024-09-20	25.55	-27.08	36	33	100
2024-09-27	26.05	-24.48	38	50	100
2024-10-04	26.60	-19.26	40	50	100
2024-10-11	26.90	-13.95	43	33	100
2024-10-18	25.70	-23.89	38	50	100
2024-10-25	25.55	-27.19	36	100	100
2024-11-01	25.55	-21.35	39	33	100
2024-11-08	25.55	-22.25	39	33	100
2024-11-15	24.20	-33.97	33	67	100
2024-11-22	24.65	-26.21	37	50	100
2024-11-29	23.95	-35.58	32	67	100
2024-12-06	24.20	-25.74	37	33	100
2024-12-13	24.10	-37.66	31	60	100
2024-12-20	23.30	-44.54	28	67	100
2024-12-27	23.95	-25.83	37	20	100
2025-01-03	23.35	-44.36	28	67	100
2025-01-10	23.55	-37.04	31	60	100
2025-01-17	23.75	-37.36	31	60	100
2025-01-24	24.20	-33.3	33	60	100
2025-01-31	24.75	-7.99	46	0	100
2025-02-07	25.60	1.12	51	33	100
2025-02-14	26.50	19.14	60	60	100
2025-02-21	26.15	8.3	54	20	100
2025-02-28	24.15	-12.79	44	20	100
2025-03-07	24.05	-3.12	48	20	100
2025-03-14	24.45	-2.91	49	20	100
2025-03-21	24.45	-9.39	45	20	100
2025-03-28	23.10	-18.8	41	20	100
2025-04-04	23.10	-11.23	44	33	100
2025-04-11	24.15	-0.92	50	0	100
2025-04-18	23.80	-10.84	45	50	100
2025-04-25	23.20	-22.42	39	60	100
2025-05-02	23.05	-18.27	41	20	100
2025-05-09	22.20	-40.09	30	67	100
2025-05-16	22.35	-30.87	35	33	100
2025-05-23	23.10	-26.15	37	50	100
2025-05-30	22.65	-30.65	35	50	100
2025-06-06	23.40	-16.15	42	20	100
2025-06-13	23.10	-16.56	42	20	100
2025-06-20	24.00	-6.76	47	0	100
2025-06-27	22.40	-29.97	35	60	100
2025-07-04	23.15	-9.58	45	0	100
2025-07-11	22.50	-25.21	37	50	100
2025-07-18	22.60	-16.79	42	20	100
2025-07-25	22.30	-24.36	38	50	100
2025-08-01	21.50	-36.49	32	67	100
2025-08-08	21.50	-24.56	38	20	100
2025-08-15	21.10	-38.16	31	67	100
2025-08-22	21.10	-37.16	31	60	100
2025-08-29	21.40	-25.39	37	20	100
2025-09-05	20.85	-39.6	30	60	100
2025-09-12	21.00	-28.81	36	20	100
2025-09-19	21.05	-40.5	30	60	100
2025-09-26	20.95	-33.81	33	50	100
2025-10-03	20.75	-34.11	33	50	100
2025-10-10	20.20	-43.15	28	67	100
2025-10-17	20.25	-32.95	34	33	100
2025-10-24	20.55	-29.45	35	20	100
2025-10-31	21.20	-20.85	40	0	100
2025-11-07	20.95	-28.68	36	33	100
2025-11-14	21.05	-19.73	40	20	100
2025-11-21	20.95	-15.25	42	0	100
2025-11-28	20.84	-18.07	41	33	100
2025-12-05	20.70	-20.29	40	33	100
2025-12-12	20.53	-27.5	36	100	100
2025-12-19	19.98	-34.87	33	100	100
2025-12-26	20.44	-29.8	35	100	100
2026-01-02	20.00	-34.47	33	100	100
2026-01-09	20.34	-28.98	36	100	100
2026-01-16	20.36	-26.33	37	100	100
2026-01-23	20.75	-13.58	43	33	100
2026-01-30	20.97	-6.74	47	33	100
2026-02-06	20.70	-9.67	45	0	100
2026-02-13	20.98	-3.2	48	20	100
2026-02-20	22.17	19.3	60	60	100
2026-02-27	22.57	37.22	69	67	100
2026-03-06	23.61	66.28	83	100	100
2026-03-13	23.43	61.95	81	100	100
2026-03-20	22.85	43.48	72	67	100
2026-03-27	23.17	66.95	83	100	100
2026-04-03	22.87	33.3	67	67	100
2026-04-10	21.79	13.07	57	33	100
2026-04-17	22.47	30.86	65	60	100
2026-04-24	23.19	41.07	71	67	100
2026-05-01	24.01	49.22	75	100	100
2026-05-08	23.41	39.01	70	60	100
2026-05-15	24.11	39.15	70	33	100
2026-05-22	24.55	42.33	71	60	100
2026-05-29	23.38	25.24	63	33	100
2026-06-05	22.28	12.43	56	20	100
2026-06-12	22.34	9.24	55	20	100
2026-06-19	22.94	12.19	56	0	100
2026-06-26	22.17	2.99	51	20	100
2026-07-03	22.41	8.4	54	20	100
2026-07-10	23.72	23.55	62	33	100
2026-07-17	25.25	51.89	76	100	100
2026-07-24	25.22	50.91	75	100	100
2026-07-31	23.81	27.86	64	60	100
2026-08-07	23.91	27.67	64	60	100
2026-08-14	24.97	45.23	73	100	100
2026-08-21	25.41	48.37	74	100	100
2026-08-28	28.00	80.94	90	100	100
2026-09-04	26.49	46.78	73	67	100
2026-09-11	26.25	54.49	77	67	100
2026-09-18	25.86	46.93	73	67	100
2026-09-25	25.50	46.02	73	100	100
2026-10-02	24.75	35.45	68	100	100
2026-10-09	24.41	17.91	59	20	100

SIX SOURCES · LAST 26 OBSERVATIONS

Is support broadening or thinning?

Green is supportive, rose is cautious.
Grey means the reading is unavailable.

Reading	17 Apr	24 Apr	1 May	8 May	15 May	22 May	29 May	5 Jun	12 Jun	19 Jun	26 Jun	3 Jul	10 Jul	17 Jul	24 Jul	31 Jul	7 Aug	14 Aug	21 Aug	28 Aug	4 Sep	11 Sep	18 Sep	25 Sep	2 Oct	9 Oct
Trend	87	93	97	93	96	97	90	74	74	83	69	72	89	97	97	85	85	93	95	100	97	96	93	89	79	74
Momentum	68	72	82	84	85	81	62	51	49	53	51	62	78	84	83	70	64	62	65	91	89	83	76	61	61	55
Underlying pressure	89	86	86	87	89	90	84	75	58	42	33	31	35	48	63	71	72	72	71	82	90	92	92	88	80	67
Price & volume	46	59	44	46	41	36	40	37	43	55	43	55	56	66	47	32	49	67	58	90	11	42	31	46	45	43
Relative strength	26	37	49	32	43	49	27	22	23	30	28	26	42	74	76	50	38	56	68	92	79	78	73	63	52	41
Modeled Trend	88	89	89	90	90	90	90	89	89	89	88	87	86	87	87	86	86	87	87	88	89	90	90	90	89	90

Each cell is a finished component score from 0–100. Components can disagree even when the combined reading stays positive.

STRONGEST CURRENT SOURCE

Modeled Trend

90/100

LEAST SUPPORTIVE SOURCE

Relative strength

41/100

WHAT WOULD CHANGE THE READ?

Three paths to keep in view

Conditional research scenarios.
No assumed price target or timing.

Continuation

Price and evidence stay together

Look for the current direction to hold across trend, pressure and relative strength. A rising price with weaker EMD is a less convincing continuation.

Change of direction

Watch for loss of support

If price keeps rising while EMD falls, inspect which readings are weakening. Broad deterioration matters more than a single soft week.

Cycle context

A range extreme is a location

An upper zone can persist during a strong advance; a lower zone can persist during a decline. Use departures, EMD direction and the related price charts together.

EARLIER COMPARABLE READINGS

What followed similar conditions?

Same ticker · similar score and direction of change.
Returns exclude costs and dividends.

4 WEEKS LATER-0.1%

Median price return · 4 non-overlapping examples

Observed range: -7.8% to +13.8%
Positive returns: 50%
All-period comparison: -1.7% median

13 WEEKS LATER-2.0%

Median price return · 3 non-overlapping examples

Observed range: -13.9% to +10.4%
Positive returns: 33%
All-period comparison: -0.3% median

How these comparisons are selected

Earlier observations must have the same constructive/fading/repair/deterioration condition, a score within ten points of today’s score and at least the same component coverage. The first 30 observations are omitted for warm-up; examples are spaced by the forward horizon to avoid overlap. Gapped return windows are excluded. The all-period comparison uses the same available history and spacing, without matching the current state. These are reconstructed observations, not a point-in-time strategy backtest or a forecast.

RECENT CYCLE HISTORY

How the current reading developed

20 Feb 2026Up-cycle confirmedUSD 22.17

20 Jun 2025Up-cycle confirmedUSD 24.00

7 Feb 2025Up-cycle confirmedUSD 25.60

13 Sep 2024Up-cycle confirmedUSD 26.50

28 Jun 2024Lower cycle zone confirmedUSD 26.55

7 Jun 2024Down-cycle confirmedUSD 29.50

10 May 2024Upper cycle zone confirmedUSD 30.85

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Cycle states use trailing completed-week observations.

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

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.

Upper zone

Price establishes residence near the top of its long-cycle range. A high range position can persist. Watch EMD for exhaustion and loss of support before interpreting it as a turn.

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS