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| Price | 0.00% | ▼ 0.18% | ▼ 0.70% | ▼ 1.77% |
| Energy | ▼ 2.3 | ▼ 1.1 | ▼ 8.3 | ▼ 62.4 |
Trend of Bear Bias ABS Stock 1H
▸When ABS Stock is in Bear Bias:
- then ABS Stock moved to higher Market State: 201 times — 69.8%
- then ABS Stock moved to lower Market State: 87 times — 30.2%
▸Current ABS Stock market energy: -37.93%
- Distance to upper bound of Bear Bias (at -20.88%): 17.05%
- Distance to lower bound of Bear Bias (at -60%): 22.07%
"History always repeats itself, one way or another" — 2AITRADING
Observing the completed 1H candle, ABS noted at the Bear Bias zone.
On the 2AiTrading energy system, Market Energy moved from 24.4% to -37.9%, down -62.4% from the previous candle.
Time in Bear Bias energy zone: 1 1H 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 -37.9 to +98.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did ABS Stock price and energy show when this 1H candle closed?
When the 1H candle at 14:00 on 27-11-2023 closed, ABS Stock was at 5.55, down 1.77% from the previous candle (5.65). Market Energy was -37.9%, down 62.4 points from 24.4%, 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 1H candle, and how large is that historically?
ABS closed at 5.55, down 1.77% from the previous 1H candle (5.65). This drop is larger than 90% of past drops on the 1H timeframe for ABS, across 418 candles since 2019.
How did ABS Stock Market Energy change from the previous candle?
Market Energy fell 62.4 percentage points from the previous candle — from 24.4% to -37.9%. This drop is larger than 97% of past drops on the 1H timeframe for ABS.
Do ABS price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was ABS Stock in on the previous 1H candle?
The previous 1H candle had ABS Stock at 24.4%, Bull Bias — when this candle closed, ABS Stock moved down to a lower zone: Bull Bias → Bear Bias.
Where does ABS Stock energy sit within the Bear Bias zone?
At -37.9%, ABS Stock is 17.05 points from the upper boundary of Bear Bias (-20.88%) and 22.07 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Bull Bias with energy 20.9%; VN30 (VN30 basket) in Neutral with energy -20.1%. Against this backdrop, ABS Stock (Bear Bias, -37.9%) 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 Bear Bias with Market Energy -56.4%. ABS Stock (Bear Bias) and DXY currently sit on the same Bear side.
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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