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| Price | 0.00% | ▼ 0.71% | ▼ 0.89% | ▼ 4.14% |
| Energy | ▼ 1.5 | ▼ 3.9 | ▼ 25.6 | ▼ 132.1 |
Trend of Bear Extreme ABS Stock 1H
▸When ABS Stock is in Bear Extreme:
- then ABS Stock moved to higher Market State: 71 times — 100%
- then ABS Stock moved to lower Market State: 0 times — 0%
▸Current ABS Stock market energy: -98.25%
- Distance to upper bound of Bear Extreme (at -74.5%): 23.75%
- Distance to bottom -100%: 1.75%
"Let data guide you, but never trust it completely" — 2AITRADING
Observing the completed 1H candle, Market Energy of ABS indicates Bear Extreme.
Looking at the Market Energy reading, Market trend energy recorded a -132.1% drop from the previous candle, from 33.9% to -98.3%.
Time in Bear Extreme 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 -98.3 to +91.6.
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 15-04-2024 closed, ABS Stock was at 5.32, down 4.14% from the previous candle (5.55). Market Energy was -98.3%, down 132.1 points from 33.9%, 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 1H candle, and how large is that historically?
ABS closed at 5.32, down 4.14% from the previous 1H candle (5.55). This drop is larger than 99% of past drops on the 1H timeframe for ABS, across 888 candles since 2019.
How did ABS Stock Market Energy change from the previous candle?
Market Energy fell 132.1 percentage points from the previous candle — from 33.9% to -98.3%. This is the largest of all drops on the 1H timeframe for ABS on record since 2019.
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 33.9%, Bull Bias — when this candle closed, ABS Stock moved down to a lower zone: Bull Bias → Bear Extreme.
Where does ABS Stock energy sit within the Bear Extreme zone?
At -98.3%, ABS Stock is 23.75 points from the upper boundary of Bear Extreme (-74.5%) and 1.75 points from the lower boundary (-100%) — so energy sits closer to the lower 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 Bear Extreme with energy -99%; VN30 (VN30 basket) in Bear Extreme with energy -97.3%. Against this backdrop, ABS Stock (Bear Extreme, -98.3%) sits in the same state zone as 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 -4.8%. ABS Stock energy is currently below DXY by 93.4 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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