Analysis

·

Candle open
Price and energy
ABS Stock from 5.6 to 5.71, up 1.96%
Market Energy Bear Critical -73.7% to Bear Bias -55.8%, up 18.0 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 5.25%▼ 5.99%▼ 0.89%▲ 1.96%
Energy▲ 43.4▼ 41.3▼ 26.8▲ 18.0
Volatility trend chart · last 4 sessions
▲ 5.25%▼ 5.99%▼ 0.89%▲ 1.96%▲ 43.4▼ 41.3▼ 26.8▲ 18.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 1.96% — higher than 15% of past rises
0%255075100%
Energy up 18.0 pts — higher than 77% of past rises
RESEARCH

Trend of Bear Bias ABS Stock Weekly

Sample: 337 Weekly candles from 2020-03-23 to 2026-09-28
Number of Bear Bias occurrences: 34 times

▸When ABS Stock is in Bear Bias:

  • then ABS Stock moved to higher Market State: 12 times — 35.3%
  • then ABS Stock moved to lower Market State: 22 times — 64.7%

▸Current ABS Stock market energy: -55.78%

  • Distance to upper bound of Bear Bias (at -20.88%): 34.9%
  • Distance to lower bound of Bear Bias (at -60%): 4.22%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

ABS · W1 · 2023-04-24 02:00 UTC
Preview the last 30 candles — price and energy
View live ABS chart →
Market Energy
-73.7%
Bear Critical
-55.8%
Bear Bias
-52.9%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

As the Weekly session concludes, ABS Stock noted at trend energy leaning Bear.

Looking at the energy level, Market Energy moved from -73.7% to -55.8%, up +18% from the previous candle.

Time in Bear Bias energy zone: 1 Weekly Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Not enough data in the past 5 days to show a range.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did ABS Stock price and energy show when this Weekly candle closed?

When the Weekly candle at 09:00 on 24-04-2023 closed, ABS Stock was at 5.71, up 1.96% from the previous candle (5.6). Market Energy was -55.8%, up 18.0 points from -73.7%, 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 Weekly candle, and how large is that historically?

ABS closed at 5.71, up 1.96% from the previous Weekly candle (5.6). This rise is larger than 15% of past rises on the Weekly timeframe for ABS, across 160 candles since 2019.

How did ABS Stock Market Energy change from the previous candle?

Market Energy rose 18 percentage points from the previous candle — from -73.7% to -55.8%. This rise is larger than 77% of past rises on the Weekly timeframe for ABS.

Do ABS price and energy agree?

Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.

What state was ABS Stock in on the previous Weekly candle?

The previous Weekly candle had ABS Stock at -73.7%, 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 -55.8%, ABS Stock is 34.9 points from the upper boundary of Bear Bias (-20.88%) and 4.22 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 -83.1%; VN30 (VN30 basket) in Bear Extreme with energy -93.1%. Against this backdrop, ABS Stock (Bear Bias, -55.8%) 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 Bull Bias with Market Energy 24.5%. ABS Stock (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for ABS Stock.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for ABS on the ABS Stock overview →

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