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| Price | ▲ 3.02% | ▼ 3.43% | ▼ 6.93% | ▲ 0.97% |
| Energy | ▼ 2.2 | ▼ 14.0 | ▼ 104.6 | ▲ 4.9 |
Trend of Bear Bias ABS Stock Daily
▸When ABS Stock is in Bear Bias:
- then ABS Stock moved to higher Market State: 63 times — 60%
- then ABS Stock moved to lower Market State: 42 times — 40%
▸Current ABS Stock market energy: -41.45%
- Distance to upper bound of Bear Bias (at -20.88%): 20.57%
- Distance to lower bound of Bear Bias (at -60%): 18.55%
"To truly understand anything, study its history" — 2AITRADING
Observing the completed Daily candle, ABS Stock classified as the Bear Bias energy state.
On the 2AiTrading energy system, Market Energy rose +4.9% this candle, currently -41.4% (previous candle -46.3%).
Time in Bear Bias energy zone: 2 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 -46.3 to +72.3.
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 09:00 on 23-11-2021 closed, ABS Stock was at 25.1, up 0.97% from the previous candle (24.86). Market Energy was -41.4%, up 4.9 points from -46.3%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did ABS price move on this Daily candle, and how large is that historically?
ABS closed at 25.1, up 0.97% from the previous Daily candle (24.86). This rise is larger than 28% of past rises on the Daily timeframe for ABS, across 423 candles since 2019.
How did ABS Stock Market Energy change from the previous candle?
Market Energy rose 4.9 percentage points from the previous candle — from -46.3% to -41.4%. This rise is larger than 34% of past rises on the Daily timeframe for ABS.
Do ABS price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. 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 -46.3%, Bear Bias — this candle kept the same state, no zone change.
Where does ABS Stock energy sit within the Bear Bias zone?
At -41.4%, ABS Stock is 20.57 points from the upper boundary of Bear Bias (-20.88%) and 18.55 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Bear Bias with energy -51.1%; VN30 (VN30 basket) in Bull Bias with energy 24.3%. Against this backdrop, ABS Stock (Bear Bias, -41.4%) 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 Bull Critical with Market Energy 73.4%. ABS Stock (Bear Bias) and DXY currently sit on opposite sides.
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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