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ABS Stock is currently controlled by sellers, in the Bear Bias zone. Measured energy: -49.6%.
See the full 2AiTrading Model data for ABS on the ABS Stock overview →
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UP–DOWN statistics for Bear Bias ABS Stock Weekly
▸When ABS Stock is in Bear Bias:
- then ABS Stock moved to higher Market State: 12 times — 37.5%
- then ABS Stock moved to lower Market State: 20 times — 62.5%
▸Current ABS Stock market energy: -49.57%
- Distance to upper bound of Bear Bias (at -20.88%): 28.69%
- Distance to lower bound of Bear Bias (at -60%): 10.43%
"History always repeats itself, one way or another" — 2AITRADING
As the Weekly candle closes, ABS Stock reflects the Bear Bias state.
Market trend on the 2AiTrading energy system Market Energy rose +10.9% from the previous session, from -60.4% to -49.6%.
Time in Bear Bias energy zone: 1 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 ABS Stock on Weekly when this candle closed?
When the Weekly candle at 07:00 on 29-06-2020 closed, ABS Stock was in Bear Bias with Market Energy -49.6%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did ABS Stock Market Energy change from the previous candle?
Market Energy rose 10.9 percentage points from the previous candle — from -60.4% to -49.6%.
What state was ABS Stock in on the previous Weekly candle?
The previous Weekly candle had ABS Stock at -60.4%, Bear Critical — when this candle closed, ABS Stock moved up to a higher zone: Bear Critical → Bear Bias.
Where does ABS Stock energy sit within the Bear Bias zone?
At -49.6%, ABS Stock is 28.69 points from the upper boundary of Bear Bias (-20.88%) and 10.43 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 Extreme with energy -92.8%; VN30 (VN30 basket) in Bear Extreme with energy -76.9%. Against this backdrop, ABS Stock (Bear Bias, -49.6%) has higher energy 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 -10.4%. ABS Stock energy is currently below DXY by 39.2 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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