Analysis

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Candle open
Price and energy
AFX Stock from 8.6 to 8.5, down 1.16%
Market Energy Bull Bias 26.7% to Bull Bias 21.0%, down 5.7 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%▲ 1.23%▲ 4.88%▼ 1.16%
Energy▼ 1.0▲ 8.5▲ 63.7▼ 5.7
Volatility trend chart · last 4 sessions
0.00%▲ 1.23%▲ 4.88%▼ 1.16%▼ 1.0▲ 8.5▲ 63.7▼ 5.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.16% — higher than 17% of past drops
0%255075100%
Energy down 5.7 pts — higher than 43% of past drops
RESEARCH

Trend of Bull Bias AFX Stock Weekly

Sample: 506 Weekly candles from 2016-12-05 to 2026-09-28
Number of Bull Bias occurrences: 43 times

▸When AFX Stock is in Bull Bias:

  • then AFX Stock moved to higher Market State: 15 times — 34.9%
  • then AFX Stock moved to lower Market State: 28 times — 65.1%

▸Current AFX Stock market energy: 21%

  • Distance to upper bound of Bull Bias (at 60%): 39%
  • Distance to lower bound of Bull Bias (at 20.88%): 0.12%

"Does history really repeat itself?" — 2AITRADING

AFX · W1 · 2024-05-20 02:00 UTC
Preview the last 30 candles — price and energy
View live AFX chart →
Market Energy
26.7%
Bull Bias
21.0%
Bull Bias
14.9%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Right as the Weekly candle closes, AFX in the Bull Bias zone.

Observing the AFX market this session, Market Energy dropped -5.7% this candle, currently 21% (previous candle 26.7%).

Time in Bull Bias energy zone: 2 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 AFX Stock price and energy show when this Weekly candle closed?

When the Weekly candle at 09:00 on 20-05-2024 closed, AFX Stock was at 8.5, down 1.16% from the previous candle (8.6). Market Energy was 21%, down 5.7 points from 26.7%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did AFX price move on this Weekly candle, and how large is that historically?

AFX closed at 8.5, down 1.16% from the previous Weekly candle (8.6). This drop is larger than 17% of past drops on the Weekly timeframe for AFX, across 280 candles since 2019.

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

Market Energy fell 5.7 percentage points from the previous candle — from 26.7% to 21%. This drop is larger than 43% of past drops on the Weekly timeframe for AFX.

Do AFX price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.

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

The previous Weekly candle had AFX Stock at 26.7%, Bull Bias — this candle kept the same state, no zone change.

Where does AFX Stock energy sit within the Bull Bias zone?

At 21%, AFX Stock is 39 points from the upper boundary of Bull Bias (60%) and 0.12 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull 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 Critical with energy 60.5%; VN30 (VN30 basket) in Bull Bias with energy 43.4%. Against this backdrop, AFX Stock (Bull Bias, 21%) lower than VNINDEX; sits in the same state zone as 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 Critical with Market Energy -66.8%. AFX Stock (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for AFX 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 AFX on the AFX Stock overview →

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