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CAN Stock is currently controlled by sellers, in the Bear Bias zone. Measured energy: -38.4%.
See the full 2AiTrading Model data for CAN on the CAN Stock overview →
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UP–DOWN statistics for Bear Bias CAN Stock Weekly
▸When CAN Stock is in Bear Bias:
- then CAN Stock moved to higher Market State: 32 times — 68.1%
- then CAN Stock moved to lower Market State: 15 times — 31.9%
▸Current CAN Stock market energy: -38.36%
- Distance to upper bound of Bear Bias (at -20.88%): 17.48%
- Distance to lower bound of Bear Bias (at -60%): 21.64%
"To truly understand anything, study its history" — 2AITRADING
Observing the completed Weekly candle, CAN classified as energy leaning Bear.
On the measurement side, Compared to the previous candle (81.2%), Market Energy dropped -119.5% to -38.4%.
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 CAN Stock on Weekly when this candle closed?
When the Weekly candle at 09:00 on 13-05-2024 closed, CAN Stock was in Bear Bias with Market Energy -38.4%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did CAN Stock Market Energy change from the previous candle?
Market Energy fell 119.5 percentage points from the previous candle — from 81.2% to -38.4%.
What state was CAN Stock in on the previous Weekly candle?
The previous Weekly candle had CAN Stock at 81.2%, Bull Extreme — when this candle closed, CAN Stock moved down to a lower zone: Bull Extreme → Bear Bias.
Where does CAN Stock energy sit within the Bear Bias zone?
At -38.4%, CAN Stock is 17.48 points from the upper boundary of Bear Bias (-20.88%) and 21.64 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Bias with energy -30.8%; VN30 (VN30 basket) in Neutral with energy -13.2%. Against this backdrop, CAN Stock (Bear Bias, -38.4%) lower than VN30; sits in the same state zone as VNINDEX.
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 17.5%. CAN Stock energy is currently below DXY by 55.8 points.
See the real-time energy chart for CAN Stock.
Open Energy ChartSee the full 2AiTrading Model data for CAN on the CAN Stock overview →
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