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| Price | ▼ 6.88% | ▼ 6.92% | ▼ 6.94% | ▼ 6.94% |
| Energy | ▼ 129.2 | ▼ 1.8 | ▲ 5.8 | ▲ 12.9 |
Trend of Bear Extreme ABS Stock Daily
▸When ABS Stock is in Bear Extreme:
- then ABS Stock moved to higher Market State: 62 times — 100%
- then ABS Stock moved to lower Market State: 0 times — 0%
▸Current ABS Stock market energy: -79.74%
- Distance to upper bound of Bear Extreme (at -74.5%): 5.24%
- Distance to bottom -100%: 20.26%
"A person's history reveals more than you might think" — 2AITRADING
Right as the Daily candle closes, ABS Stock currently in the Bear Extreme state.
Market movement after the Daily candle closes, Market trend energy recorded a +12.9% rise from the previous candle, from -92.7% to -79.7%.
Time in Bear Extreme energy zone: 4 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, ABS Stock Market Energy ranged from -98.4 to -79.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did ABS Stock price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 06-05-2021 closed, ABS Stock was at 48.44, down 6.94% from the previous candle (52.05). Market Energy was -79.7%, up 12.9 points from -92.7%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did ABS price move on this Daily candle, and how large is that historically?
ABS closed at 48.44, down 6.94% from the previous Daily candle (52.05). This drop is larger than 91% of past drops on the Daily timeframe for ABS, across 282 candles since 2019.
How did ABS Stock Market Energy change from the previous candle?
Market Energy rose 12.9 percentage points from the previous candle — from -92.7% to -79.7%. This rise is larger than 64% of past rises on the Daily timeframe for ABS.
Do ABS price and energy agree?
No. On this candle price fell but energy rose — the two moved in opposite directions. This describes the candle that just closed; it does not say where price goes next.
What state was ABS Stock in on the previous Daily candle?
The previous Daily candle had ABS Stock at -92.7%, Bear Extreme — this candle kept the same state, no zone change.
Where does ABS Stock energy sit within the Bear Extreme zone?
At -79.7%, ABS Stock is 5.24 points from the upper boundary of Bear Extreme (-74.5%) and 20.26 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.
What does Bear Extreme mean?
Bear Extreme is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Extreme 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 Extreme with energy 76%; VN30 (VN30 basket) in Bull Critical with energy 60.6%. Against this backdrop, ABS Stock (Bear Extreme, -79.7%) lower 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%. ABS Stock energy is currently below DXY by 84.7 points.
See the real-time energy chart for ABS Stock.
Open Energy ChartSee the full 2AiTrading Model data for ABS on the ABS Stock overview →
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