·
| Price | ▼ 10.11% | ▼ 1.44% | ▼ 1.46% | ▼ 14.53% |
| Energy | ▼ 13.2 | ▼ 10.7 | ▼ 7.1 | ▼ 66.9 |
Trend of Bear Bias ALV Stock Weekly
▸When ALV Stock is in Bear Bias:
- then ALV Stock moved to higher Market State: 29 times — 64.4%
- then ALV Stock moved to lower Market State: 16 times — 35.6%
▸Current ALV Stock market energy: -43.12%
- Distance to upper bound of Bear Bias (at -20.88%): 22.24%
- Distance to lower bound of Bear Bias (at -60%): 16.88%
"To truly understand anything, study its history" — 2AITRADING
After the Weekly candle closes, ALV noted at the Bear Bias state.
Looking at the energy level, Market Energy moved from 23.7% to -43.1%, down -66.9% from the previous candle.
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.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did ALV Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 05-08-2024 closed, ALV Stock was at 3.47, down 14.53% from the previous candle (4.06). Market Energy was -43.1%, down 66.9 points from 23.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did ALV price move on this Weekly candle, and how large is that historically?
ALV closed at 3.47, down 14.53% from the previous Weekly candle (4.06). This drop is larger than 89% of past drops on the Weekly timeframe for ALV, across 290 candles since 2019.
How did ALV Stock Market Energy change from the previous candle?
Market Energy fell 66.9 percentage points from the previous candle — from 23.7% to -43.1%. This drop is larger than 97% of past drops on the Weekly timeframe for ALV.
Do ALV 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 ALV Stock in on the previous Weekly candle?
The previous Weekly candle had ALV Stock at 23.7%, Bull Bias — when this candle closed, ALV Stock moved down to a lower zone: Bull Bias → Bear Bias.
Where does ALV Stock energy sit within the Bear Bias zone?
At -43.1%, ALV Stock is 22.24 points from the upper boundary of Bear Bias (-20.88%) and 16.88 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 Bull Extreme with energy 94.6%; VN30 (VN30 basket) in Bull Extreme with energy 88.2%. Against this backdrop, ALV Stock (Bear Bias, -43.1%) 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 Extreme with Market Energy -80.9%. ALV Stock (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for ALV Stock.
Open Energy ChartSee the full 2AiTrading Model data for ALV on the ALV Stock overview →
To jump to a symbol you're interested in, click .