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ABB Stock is currently controlled by buyers, in the Bull Bias zone. Measured energy: +28.6%.
See the full 2AiTrading Model data for ABB on the ABB Stock overview →
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UP–DOWN statistics for Bull Bias ABB Stock Weekly
▸When ABB Stock is in Bull Bias:
- then ABB Stock moved to higher Market State: 12 times — 42.9%
- then ABB Stock moved to lower Market State: 16 times — 57.1%
▸Current ABB Stock market energy: 28.61%
- Distance to upper bound of Bull Bias (at 60%): 31.39%
- Distance to lower bound of Bull Bias (at 20.88%): 7.73%
"Let data guide you, but never trust it completely" — 2AITRADING
As the Weekly candle completes, ABB noted at the Bull Bias state.
Per the 2AiTrading energy measurement system, Market Energy dropped -0.6% from the previous session, from 29.2% to 28.6%.
Time in Bull Bias energy zone: 8 Weekly 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.
Not enough data in the past 5 days to show a range.
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What state was ABB Stock on Weekly when this candle closed?
When the Weekly candle at 09:00 on 08-07-2024 closed, ABB Stock was in Bull Bias with Market Energy 28.6%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did ABB Stock Market Energy change from the previous candle?
Market Energy fell 0.6 percentage points from the previous candle — from 29.2% to 28.6%.
What state was ABB Stock in on the previous Weekly candle?
The previous Weekly candle had ABB Stock at 29.2%, Bull Bias — this candle kept the same state, no zone change.
Where does ABB Stock energy sit within the Bull Bias zone?
At 28.6%, ABB Stock is 31.39 points from the upper boundary of Bull Bias (60%) and 7.73 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Bull Bias with energy 54.8%; VN30 (VN30 basket) in Bull Extreme with energy 86.2%. Against this backdrop, ABB Stock (Bull Bias, 28.6%) lower than VN30; sits in the same state zone as VNINDEX.
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 Bear Bias with Market Energy -23.3%. ABB Stock (Bull Bias) and DXY currently sit on opposite sides.
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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