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| Price | ▼ 3.21% | ▲ 0.39% | ▲ 0.39% | ▼ 2.91% |
| Energy | ▼ 19.6 | ▼ 5.2 | ▲ 2.5 | ▼ 6.5 |
Trend of Bear Extreme ABS Stock Weekly
▸When ABS Stock is in Bear Extreme:
- then ABS Stock moved to higher Market State: 17 times — 100%
- then ABS Stock moved to lower Market State: 0 times — 0%
▸Current ABS Stock market energy: -79.03%
- Distance to upper bound of Bear Extreme (at -74.5%): 4.53%
- Distance to bottom -100%: 20.97%
"Let data guide you, but never trust it completely" — 2AITRADING
Reading from the Weekly candle, ABS within the Bear Extreme level.
Market trend update: Market Energy dropped -6.5% from the previous session, from -72.5% to -79%.
Time in Bear Extreme 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.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did ABS Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 15-07-2024 closed, ABS Stock was at 5.01, down 2.91% from the previous candle (5.16). Market Energy was -79%, down 6.5 points from -72.5%, 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 Weekly candle, and how large is that historically?
ABS closed at 5.01, down 2.91% from the previous Weekly candle (5.16). This drop is larger than 35% of past drops on the Weekly timeframe for ABS, across 224 candles since 2019.
How did ABS Stock Market Energy change from the previous candle?
Market Energy fell 6.5 percentage points from the previous candle — from -72.5% to -79%. This drop is larger than 38% of past drops on the Weekly timeframe for ABS.
Do ABS price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. 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 -72.5%, Bear Critical — when this candle closed, ABS Stock moved down to a lower zone: Bear Critical → Bear Extreme.
Where does ABS Stock energy sit within the Bear Extreme zone?
At -79%, ABS Stock is 4.53 points from the upper boundary of Bear Extreme (-74.5%) and 20.97 points from the lower boundary (-100%) — so energy sits closer to the upper 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 Bias with energy -59.7%; VN30 (VN30 basket) in Bear Critical with energy -70.9%. Against this backdrop, ABS Stock (Bear Extreme, -79%) 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 -30.8%. ABS Stock (Bear Extreme) 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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