🇬🇧 United Kingdom ETF Radar · LSE

ENCD

L&G Multi Strategy Enhanced Commodities USD Distributing UCITS ETF

Other · Unclassified · Unclassified

Stable uptrend
Recent price path ENCD recent weekly close path 12 USD 7 Aug 2026
Weekly Return 0.1% latest completed week
4-Week Return 3.6% short momentum
Trend Gap 2.8% Trend positive
Fair Gap 19.9% vs fair value
Volume 0.5x 139.8K latest
Market Dynamics -0.31 negative
Relative Strength 1.44 vs country ETF tape
Opportunity 16.2 composite radar score
Risk 0.0 -4.9% drawdown · 1.8% volatility
Price Action

Price, Trend Line, Fair Value

12 months
ENCD weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
ENCD Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Above Trend Line Positive relative strength

Trend and recent returns are aligned, so demand is still moving in the same direction.

Trend, drawdown, and follow-through are constructive.

ENCD sits in Other, so read it as a United Kingdom exposure first and a single ETF second.

The latest week moved 0.1%; the four-week move is 3.6%, which helps separate one-week noise from actual follow-through.

Trend is positive, volume is running at 0.5x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Price is above fair value with a positive trend setup
  • Relative strength is positive versus its ETF peer tape
Risk Signals

What needs caution

  • Market Dynamics is still negative
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 ARCG · LSE ARK INVEST UCITS ICAV ARK GENOM 🇬🇧 United Kingdom · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 10.5% 4W 2.2% Vol 1.4x 10.5% 2 ARKG · LSE ARK INVEST UCITS ICAV ARK GENOM 🇬🇧 United Kingdom · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 11.1% 4W 3.7% Vol 1.4x 11.1% 3 NAT8 · LSE HANETF ICAV FUTURE OF DEFENCE S 🇬🇧 United Kingdom · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 9.0% 4W 9.4% Vol 1.5x 9.0% 4 NATP · LSE Future of Defence UCITS ETF 🇬🇧 United Kingdom · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 8.0% 4W 8.9% Vol 1.5x 8.0% 5 S7XP · LSE Invesco EURO STOXX Optimised Banks UCITS ETF 🇬🇧 United Kingdom · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.5% 4W 7.6% Vol 1.8x 3.5% 6 BNKE · LSE Amundi Euro Stoxx Banks UCITS ETF Acc 🇬🇧 United Kingdom · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.5% 4W 7.5% Vol 2.1x 3.5% 7 ICBR · LSE INVESCO MARKETS II PLC INVESCO 🇬🇧 United Kingdom · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 6.2% 4W 2.2% Vol 0.3x 6.2% 8 DGTL · LSE iShares Digitalisation UCITS ETF 🇬🇧 United Kingdom · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 5.1% 4W 5.4% Vol 3.4x 5.1% 9 NATE · LSE Future of Defence Screened UCITS ETF USD Acc 🇬🇧 United Kingdom · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 9.3% 4W 10.1% Vol 0.0x 9.3% 10 CBRX · LSE INVESCO MARKETS II PLC INVESCO 🇬🇧 United Kingdom · Other Trend and recent returns are aligned, so demand is still moving in the same direction. Week 6.0% 4W 1.6% Vol 0.7x 6.0%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

22 Aug 2025 Market Dynamics buy signal 10 USD · 2.5%
26 Jun 2026 Broke below Trend Line 11 USD · -3.0%
10 Jul 2026 Crossed above Trend Line 11 USD · 3.1%
ENCD

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
15 Aug 2025 9 USD 9 USD 9 USD % 0.16 -5.45 6.3K
22 Aug 2025 10 USD 9 USD 9 USD 2.5% 0.16 -4.98 5.2K
29 Aug 2025 10 USD 9 USD 9 USD 0.4% 0.23 -3.23 2.9K
5 Sep 2025 10 USD 9 USD 9 USD -0.7% 0.31 -4.11 0
12 Sep 2025 10 USD 9 USD 9 USD 2.0% 0.47 -2.98 127
19 Sep 2025 10 USD 9 USD 9 USD -1.2% 0.45 -3.45 115
26 Sep 2025 10 USD 9 USD 9 USD 2.7% 0.74 -1.52 10.7K
3 Oct 2025 10 USD 9 USD 9 USD -1.0% 1.13 -4.49 100.2K
10 Oct 2025 10 USD 10 USD 9 USD -1.5% 1.15 -5.11 4.2K
17 Oct 2025 10 USD 10 USD 9 USD 0.2% 1.20 -4.10 1.5K
24 Oct 2025 10 USD 10 USD 9 USD 1.9% 1.22 -5.08 62.4K
31 Oct 2025 10 USD 10 USD 9 USD 0.0% 1.18 -5.69 59.4K
7 Nov 2025 10 USD 10 USD 9 USD -1.2% 1.19 -6.33 1.8K
14 Nov 2025 10 USD 10 USD 9 USD 2.0% 1.55 -4.50 196.0K
21 Nov 2025 10 USD 10 USD 9 USD -3.7% 1.11 -6.31 71.4K
28 Nov 2025 10 USD 10 USD 9 USD 3.2% 0.68 -5.01 10.2K
5 Dec 2025 10 USD 10 USD 9 USD 0.7% 0.56 -3.72 34.1K
12 Dec 2025 10 USD 10 USD 9 USD -2.4% -0.03 -5.73 59.5K
19 Dec 2025 10 USD 10 USD 9 USD -0.2% -0.13 -8.09 46.4K
26 Dec 2025 10 USD 10 USD 9 USD 2.5% -0.18 -5.39 32.4K
2 Jan 2026 10 USD 10 USD 9 USD -1.6% -0.37 -7.44 77.7K
9 Jan 2026 10 USD 10 USD 9 USD 3.3% -0.13 -5.76 73.8K
16 Jan 2026 10 USD 10 USD 9 USD 1.2% 0.28 -5.42 78.6K
23 Jan 2026 10 USD 10 USD 9 USD 1.8% 0.61 -2.69 10.2K
30 Jan 2026 11 USD 10 USD 9 USD 1.9% 1.09 -1.55 32.7K
6 Feb 2026 10 USD 10 USD 9 USD -1.7% 1.27 -4.37 76.3K
13 Feb 2026 10 USD 10 USD 9 USD 0.0% 1.24 -4.89 34.0K
20 Feb 2026 11 USD 10 USD 9 USD 1.5% 1.19 -5.37 20.0K
27 Feb 2026 11 USD 10 USD 9 USD 0.8% 1.15 -6.37 27.7K
6 Mar 2026 11 USD 10 USD 9 USD 7.1% 1.27 6.30 36.5K
13 Mar 2026 12 USD 10 USD 10 USD 4.0% 1.50 10.70 55.5K
20 Mar 2026 12 USD 10 USD 10 USD 0.2% 1.77 14.52 170.8K
27 Mar 2026 12 USD 10 USD 10 USD 0.6% 1.95 14.47 183.6K
3 Apr 2026 12 USD 10 USD 10 USD -2.5% 1.78 6.65 1.5K
10 Apr 2026 12 USD 10 USD 10 USD -0.1% 1.59 4.93 11.2K
17 Apr 2026 12 USD 10 USD 10 USD -1.7% 1.30 2.52 72.7K
24 Apr 2026 12 USD 11 USD 10 USD 4.7% 1.08 10.17 41.5K
1 May 2026 12 USD 11 USD 10 USD 2.9% 1.12 13.23 33.3K
8 May 2026 12 USD 11 USD 10 USD -1.3% 1.10 12.94 74.9K
15 May 2026 12 USD 11 USD 10 USD 1.8% 1.16 15.11 28.5K
22 May 2026 12 USD 11 USD 10 USD -0.7% 1.04 11.06 1.4K
29 May 2026 12 USD 11 USD 10 USD -1.2% 0.91 9.87 5.6K
5 Jun 2026 12 USD 11 USD 10 USD -1.9% 0.40 8.27 6.0K
12 Jun 2026 12 USD 11 USD 10 USD -2.4% -0.00 4.58 96.2K
19 Jun 2026 11 USD 11 USD 10 USD -2.7% -0.41 2.85 0
26 Jun 2026 11 USD 11 USD 10 USD -3.0% -0.68 -1.58 5.3K
3 Jul 2026 11 USD 11 USD 10 USD 0.4% -0.81 -2.69 1.9K
10 Jul 2026 11 USD 11 USD 10 USD 3.1% -0.79 2.03 85.9K
17 Jul 2026 12 USD 11 USD 10 USD 3.0% -0.60 3.95 129.2K
24 Jul 2026 12 USD 11 USD 10 USD 1.8% -0.49 4.39 6.1K
31 Jul 2026 12 USD 11 USD 10 USD -1.3% -0.27 1.71 2.4M
7 Aug 2026 12 USD 12 USD 10 USD 0.1% -0.31 1.44 139.8K

Evidence context