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| Price | ▼ 1.09% | ▲ 1.10% | 0.00% | ▼ 1.09% |
| Energy | ▼ 3.4 | ▲ 41.0 | ▲ 16.7 | ▼ 13.3 |
Trend of Bull Bias ABB Stock Daily
▸When ABB Stock is in Bull Bias:
- then ABB Stock moved to higher Market State: 65 times — 47.8%
- then ABB Stock moved to lower Market State: 71 times — 52.2%
▸Current ABB Stock market energy: 46.93%
- Distance to upper bound of Bull Bias (at 60%): 13.07%
- Distance to lower bound of Bull Bias (at 20.88%): 26.05%
"To truly understand anything, study its history" — 2AITRADING
Once measurement on the Daily timeframe completes, ABB noted at Bull Bias.
On the energy side, Compared to the previous candle (60.2%), Market Energy dropped -13.3% to 46.9%.
Time in Bull Bias energy zone: 1 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, ABB Stock Market Energy ranged from +2.6 to +60.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did ABB Stock price and energy show when this Daily candle closed?
When the Daily candle at 09:00 on 01-04-2024 closed, ABB Stock was at 6.36, down 1.09% from the previous candle (6.43). Market Energy was 46.9%, down 13.3 points from 60.2%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did ABB price move on this Daily candle, and how large is that historically?
ABB closed at 6.36, down 1.09% from the previous Daily candle (6.43). This drop is larger than 32% of past drops on the Daily timeframe for ABB, across 811 candles since 2019.
How did ABB Stock Market Energy change from the previous candle?
Market Energy fell 13.3 percentage points from the previous candle — from 60.2% to 46.9%. This drop is larger than 69% of past drops on the Daily timeframe for ABB.
Do ABB price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was ABB Stock in on the previous Daily candle?
The previous Daily candle had ABB Stock at 60.2%, Bull Critical — when this candle closed, ABB Stock moved down to a lower zone: Bull Critical → Bull Bias.
Where does ABB Stock energy sit within the Bull Bias zone?
At 46.9%, ABB Stock is 13.07 points from the upper boundary of Bull Bias (60%) and 26.05 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Bias definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: VNINDEX (Vietnam equities) in Neutral with energy -16.5%; VN30 (VN30 basket) in Neutral with energy 19.6%. Against this backdrop, ABB Stock (Bull Bias, 46.9%) has higher energy than VNINDEX, VN30.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Neutral with Market Energy -4.9%. ABB Stock energy is currently above DXY by 51.8 points.
See the real-time energy chart for ABB Stock.
Open Energy ChartSee the full 2AiTrading Model data for ABB on the ABB Stock overview →
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