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| Price | ▼ 1.20% | ▲ 2.35% | ▲ 3.25% | ▲ 2.15% |
| Energy | ▼ 13.9 | ▲ 4.5 | ▲ 17.7 | ▲ 34.0 |
Trend of Bull Bias CDN Stock Daily
▸When CDN Stock is in Bull Bias:
- then CDN Stock moved to higher Market State: 128 times — 56.1%
- then CDN Stock moved to lower Market State: 100 times — 43.9%
▸Current CDN Stock market energy: 44.63%
- Distance to upper bound of Bull Bias (at 60%): 15.37%
- Distance to lower bound of Bull Bias (at 20.88%): 23.75%
"History always repeats itself, one way or another" — 2AITRADING
With the Daily candle just closed, CDN Stock noted at the Bull trend energy zone.
Looking at the Market Energy reading, Market Energy reading rose +34%, moving from 10.7% to 44.6% after the Daily candle.
Time in Bull Bias energy zone: 1 Daily 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.
Over the past 5 days, CDN Stock Market Energy ranged from -11.5 to +44.6.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CDN Stock price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 31-05-2019 closed, CDN Stock was at 13.3, up 2.15% from the previous candle (13.02). Market Energy was 44.6%, up 34.0 points from 10.7%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did CDN price move on this Daily candle, and how large is that historically?
CDN closed at 13.3, up 2.15% from the previous Daily candle (13.02). This rise is larger than 28% of past rises on the Daily timeframe for CDN, across 99 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy rose 34 percentage points from the previous candle — from 10.7% to 44.6%. This rise is larger than 80% of past rises on the Daily timeframe for CDN.
Do CDN price and energy agree?
Yes. Both price and energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was CDN Stock in on the previous Daily candle?
The previous Daily candle had CDN Stock at 10.7%, Neutral — when this candle closed, CDN Stock moved up to a higher zone: Neutral → Bull Bias.
Where does CDN Stock energy sit within the Bull Bias zone?
At 44.6%, CDN Stock is 15.37 points from the upper boundary of Bull Bias (60%) and 23.75 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 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 -20.2%. CDN Stock energy is currently above DXY by 64.8 points.
See the real-time energy chart for CDN Stock.
Open Energy ChartSee the full 2AiTrading Model data for CDN on the CDN Stock overview →
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