SAO ยท EQUITY ยท ENHANCED MARKET DYNAMICS

EKTR4

Elektro Redes S.A.

BR ยท Utilities ยท Utilities - Regulated Electric

EMD SCORE42/100

CURRENT COMPLETED-WEEK READ

Cautious

The balance of evidence is weakening and risk control deserves more attention. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration50% directional agreement84% evidence confidence
Completed week
28 Aug 2026
Latest close
BRL 37.14
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 3 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 BRL +100+500-50-100 50.3536.6823.01 8 Sep 2023 ยท EMD 58/100 ยท close 24.47 15 Sep 2023 ยท EMD 72/100 ยท close 26.45 22 Sep 2023 ยท EMD 59/100 ยท close 25.27 29 Sep 2023 ยท EMD 63/100 ยท close 25.10 6 Oct 2023 ยท EMD 57/100 ยท close 24.76 13 Oct 2023 ยท EMD 68/100 ยท close 26.45 20 Oct 2023 ยท EMD 59/100 ยท close 25.50 27 Oct 2023 ยท EMD 68/100 ยท close 26.62 3 Nov 2023 ยท EMD 72/100 ยท close 26.62 10 Nov 2023 ยท EMD 60/100 ยท close 25.98 17 Nov 2023 ยท EMD 64/100 ยท close 26.32 24 Nov 2023 ยท EMD 64/100 ยท close 26.28 1 Dec 2023 ยท EMD 55/100 ยท close 25.77 8 Dec 2023 ยท EMD 54/100 ยท close 25.64 15 Dec 2023 ยท EMD 48/100 ยท close 25.23 22 Dec 2023 ยท EMD 50/100 ยท close 25.79 29 Dec 2023 ยท EMD 48/100 ยท close 25.78 5 Jan 2024 ยท EMD 59/100 ยท close 26.78 12 Jan 2024 ยท EMD 57/100 ยท close 26.18 19 Jan 2024 ยท EMD 55/100 ยท close 26.18 26 Jan 2024 ยท EMD 61/100 ยท close 26.69 2 Feb 2024 ยท EMD 63/100 ยท close 26.79 9 Feb 2024 ยท EMD 58/100 ยท close 26.81 16 Feb 2024 ยท EMD 64/100 ยท close 26.82 23 Feb 2024 ยท EMD 69/100 ยท close 27.54 1 Mar 2024 ยท EMD 71/100 ยท close 27.41 8 Mar 2024 ยท EMD 60/100 ยท close 26.47 15 Mar 2024 ยท EMD 73/100 ยท close 27.72 22 Mar 2024 ยท EMD 90/100 ยท close 32.15 29 Mar 2024 ยท EMD 90/100 ยท close 32.44 5 Apr 2024 ยท EMD 92/100 ยท close 33.47 12 Apr 2024 ยท EMD 76/100 ยท close 31.79 19 Apr 2024 ยท EMD 86/100 ยท close 31.17 26 Apr 2024 ยท EMD 74/100 ยท close 30.33 3 May 2024 ยท EMD 71/100 ยท close 29.73 10 May 2024 ยท EMD 83/100 ยท close 31.75 17 May 2024 ยท EMD 84/100 ยท close 31.75 24 May 2024 ยท EMD 90/100 ยท close 31.75 31 May 2024 ยท EMD 77/100 ยท close 31.35 7 Jun 2024 ยท EMD 84/100 ยท close 31.63 14 Jun 2024 ยท EMD 72/100 ยท close 30.64 21 Jun 2024 ยท EMD 73/100 ยท close 31.31 28 Jun 2024 ยท EMD 75/100 ยท close 31.85 5 Jul 2024 ยท EMD 76/100 ยท close 31.85 12 Jul 2024 ยท EMD 77/100 ยท close 31.85 19 Jul 2024 ยท EMD 68/100 ยท close 31.73 26 Jul 2024 ยท EMD 87/100 ยท close 36.11 2 Aug 2024 ยท EMD 83/100 ยท close 34.65 9 Aug 2024 ยท EMD 85/100 ยท close 35.52 16 Aug 2024 ยท EMD 77/100 ยท close 34.76 23 Aug 2024 ยท EMD 77/100 ยท close 35.65 30 Aug 2024 ยท EMD 89/100 ยท close 36.68 6 Sep 2024 ยท EMD 79/100 ยท close 36.68 13 Sep 2024 ยท EMD 87/100 ยท close 38.64 20 Sep 2024 ยท EMD 89/100 ยท close 38.66 27 Sep 2024 ยท EMD 80/100 ยท close 38.20 4 Oct 2024 ยท EMD 87/100 ยท close 38.67 11 Oct 2024 ยท EMD 85/100 ยท close 38.58 18 Oct 2024 ยท EMD 87/100 ยท close 38.67 25 Oct 2024 ยท EMD 95/100 ยท close 42.28 1 Nov 2024 ยท EMD 76/100 ยท close 37.45 8 Nov 2024 ยท EMD 75/100 ยท close 37.20 15 Nov 2024 ยท EMD 85/100 ยท close 39.58 22 Nov 2024 ยท EMD 80/100 ยท close 39.58 29 Nov 2024 ยท EMD 81/100 ยท close 40.93 6 Dec 2024 ยท EMD 81/100 ยท close 40.43 13 Dec 2024 ยท EMD 80/100 ยท close 40.56 20 Dec 2024 ยท EMD 83/100 ยท close 41.78 27 Dec 2024 ยท EMD 84/100 ยท close 44.34 3 Jan 2025 ยท EMD 72/100 ยท close 41.17 10 Jan 2025 ยท EMD 83/100 ยท close 43.62 17 Jan 2025 ยท EMD 84/100 ยท close 44.51 24 Jan 2025 ยท EMD 86/100 ยท close 46.82 31 Jan 2025 ยท EMD 81/100 ยท close 45.39 7 Feb 2025 ยท EMD 88/100 ยท close 48.88 14 Feb 2025 ยท EMD 82/100 ยท close 48.02 21 Feb 2025 ยท EMD 77/100 ยท close 45.06 28 Feb 2025 ยท EMD 71/100 ยท close 42.38 7 Mar 2025 ยท EMD 77/100 ยท close 43.56 14 Mar 2025 ยท EMD 65/100 ยท close 42.77 21 Mar 2025 ยท EMD 63/100 ยท close 43.29 28 Mar 2025 ยท EMD 75/100 ยท close 45.83 4 Apr 2025 ยท EMD 64/100 ยท close 43.85 11 Apr 2025 ยท EMD 74/100 ยท close 45.45 18 Apr 2025 ยท EMD 66/100 ยท close 45.01 25 Apr 2025 ยท EMD 75/100 ยท close 48.02 2 May 2025 ยท EMD 66/100 ยท close 45.46 9 May 2025 ยท EMD 71/100 ยท close 45.45 16 May 2025 ยท EMD 71/100 ยท close 46.35 23 May 2025 ยท EMD 65/100 ยท close 45.01 30 May 2025 ยท EMD 64/100 ยท close 45.02 6 Jun 2025 ยท EMD 48/100 ยท close 42.89 13 Jun 2025 ยท EMD 40/100 ยท close 42.88 20 Jun 2025 ยท EMD 44/100 ยท close 42.43 27 Jun 2025 ยท EMD 39/100 ยท close 41.91 4 Jul 2025 ยท EMD 40/100 ยท close 42.06 11 Jul 2025 ยท EMD 40/100 ยท close 42.08 18 Jul 2025 ยท EMD 51/100 ยท close 42.93 25 Jul 2025 ยท EMD 56/100 ยท close 46.94 1 Aug 2025 ยท EMD 47/100 ยท close 44.44 8 Aug 2025 ยท EMD 48/100 ยท close 44.31 15 Aug 2025 ยท EMD 52/100 ยท close 45.16 22 Aug 2025 ยท EMD 57/100 ยท close 46.10 29 Aug 2025 ยท EMD 62/100 ยท close 46.57 5 Sep 2025 ยท EMD 58/100 ยท close 45.39 12 Sep 2025 ยท EMD 57/100 ยท close 45.16 19 Sep 2025 ยท EMD 56/100 ยท close 44.22 26 Sep 2025 ยท EMD 42/100 ยท close 43.17 3 Oct 2025 ยท EMD 40/100 ยท close 42.45 10 Oct 2025 ยท EMD 46/100 ยท close 42.47 17 Oct 2025 ยท EMD 40/100 ยท close 42.01 24 Oct 2025 ยท EMD 34/100 ยท close 38.28 31 Oct 2025 ยท EMD 27/100 ยท close 37.65 7 Nov 2025 ยท EMD 26/100 ยท close 37.76 14 Nov 2025 ยท EMD 26/100 ยท close 37.16 21 Nov 2025 ยท EMD 32/100 ยท close 37.63 28 Nov 2025 ยท EMD 39/100 ยท close 38.60 5 Dec 2025 ยท EMD 41/100 ยท close 38.80 12 Dec 2025 ยท EMD 31/100 ยท close 38.61 19 Dec 2025 ยท EMD 31/100 ยท close 38.60 26 Dec 2025 ยท EMD 30/100 ยท close 38.22 2 Jan 2026 ยท EMD 27/100 ยท close 37.27 9 Jan 2026 ยท EMD 35/100 ยท close 38.74 16 Jan 2026 ยท EMD 29/100 ยท close 37.25 23 Jan 2026 ยท EMD 42/100 ยท close 38.74 30 Jan 2026 ยท EMD 31/100 ยท close 37.06 6 Feb 2026 ยท EMD 46/100 ยท close 38.00 13 Feb 2026 ยท EMD 49/100 ยท close 38.74 20 Feb 2026 ยท EMD 41/100 ยท close 37.79 27 Feb 2026 ยท EMD 50/100 ยท close 38.84 6 Mar 2026 ยท EMD 48/100 ยท close 38.74 13 Mar 2026 ยท EMD 44/100 ยท close 38.43 20 Mar 2026 ยท EMD 41/100 ยท close 37.55 27 Mar 2026 ยท EMD 43/100 ยท close 37.36 3 Apr 2026 ยท EMD 35/100 ยท close 36.98 10 Apr 2026 ยท EMD 43/100 ยท close 37.75 17 Apr 2026 ยท EMD 41/100 ยท close 37.55 24 Apr 2026 ยท EMD 40/100 ยท close 37.27 1 May 2026 ยท EMD 49/100 ยท close 38.87 8 May 2026 ยท EMD 47/100 ยท close 39.16 15 May 2026 ยท EMD 52/100 ยท close 38.37 22 May 2026 ยท EMD 54/100 ยท close 38.37 29 May 2026 ยท EMD 53/100 ยท close 38.21 5 Jun 2026 ยท EMD 46/100 ยท close 37.72 12 Jun 2026 ยท EMD 45/100 ยท close 37.46 19 Jun 2026 ยท EMD 44/100 ยท close 37.47 26 Jun 2026 ยท EMD 48/100 ยท close 38.86 3 Jul 2026 ยท EMD 60/100 ยท close 39.97 10 Jul 2026 ยท EMD 60/100 ยท close 39.20 17 Jul 2026 ยท EMD 61/100 ยท close 39.20 24 Jul 2026 ยท EMD 64/100 ยท close 39.80 31 Jul 2026 ยท EMD 65/100 ยท close 39.82 7 Aug 2026 ยท EMD 55/100 ยท close 38.20 14 Aug 2026 ยท EMD 55/100 ยท close 37.84 21 Aug 2026 ยท EMD 62/100 ยท close 38.12 28 Aug 2026 ยท EMD 42/100 ยท close 37.14 15 Sep 2023 ยท Up-cycle confirmed ยท close 26.45 13 Oct 2023 ยท Up-cycle confirmed ยท close 26.45 23 Feb 2024 ยท Up-cycle confirmed ยท close 27.54 21 Feb 2025 ยท Down-cycle confirmed ยท close 45.06 2 May 2025 ยท Down-cycle confirmed ยท close 45.46 1 Aug 2025 ยท Down-cycle confirmed ยท close 44.44 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 48%Current EMD -15.74-week EMD change -45.3156-week price range BRL 24.47โ€“48.88

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

48/1000.08

Cautious pressure beneath price
4-week change -1.31

02

Trend and deviation

21/100-3.0% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

48/1004w -6.7% ยท 13w -2.8%

Momentum is applying downside pressure
SMI 0.51

04

Price-volume pressure

26/10026% constructive pressure

Volume is leaning against the close
Volume ratio 1.57x

05

Relative leadership

18/100-9.20

The ticker is lagging its benchmark
4-week change -1.92

06

Modeled Trend

84/100Modeled Trend 0.68

Modeled Trend is supportive
Smoothed Modeled Trend 0.55

Evidence context