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| Price | ▲ 1.22% | 0.00% | 0.00% | ▼ 2.73% |
| Energy | ▲ 27.8 | ▲ 1.0 | ▼ 1.2 | ▲ 3.6 |
Trend of Bear Bias CDN Stock Daily
▸When CDN Stock is in Bear Bias:
- then CDN Stock moved to higher Market State: 97 times — 61.8%
- then CDN Stock moved to lower Market State: 60 times — 38.2%
▸Current CDN Stock market energy: -46.62%
- Distance to upper bound of Bear Bias (at -20.88%): 25.74%
- Distance to lower bound of Bear Bias (at -60%): 13.38%
"Let data guide you, but never trust it completely" — 2AITRADING
CDN Stock classified into the Bear Bias energy level after the Daily candle completed.
Looking at the Market Energy reading, The energy level rose +3.6%: from -50.2% now at -46.6%.
Time in Bear Bias energy zone: 4 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 -77.7 to -46.6.
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 26-07-2019 closed, CDN Stock was at 12.13, down 2.73% from the previous candle (12.47). Market Energy was -46.6%, up 3.6 points from -50.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did CDN price move on this Daily candle, and how large is that historically?
CDN closed at 12.13, down 2.73% from the previous Daily candle (12.47). This drop is larger than 60% of past drops on the Daily timeframe for CDN, across 139 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy rose 3.6 percentage points from the previous candle — from -50.2% to -46.6%. This rise is larger than 31% of past rises on the Daily timeframe for CDN.
Do CDN price and energy agree?
No. Price moved down while 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 -50.2%, Bear Bias — this candle kept the same state, no zone change.
Where does CDN Stock energy sit within the Bear Bias zone?
At -46.6%, CDN Stock is 25.74 points from the upper boundary of Bear Bias (-20.88%) and 13.38 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 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 13.2%. CDN Stock energy is currently below DXY by 59.8 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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