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| Price | ▲ 7.01% | ▲ 0.65% | ▼ 0.64% | ▼ 2.63% |
| Energy | ▲ 17.4 | ▼ 1.9 | ▼ 8.7 | ▼ 5.4 |
Trend of Bull Critical CDN Stock Daily
▸When CDN Stock is in Bull Critical:
- then CDN Stock moved to higher Market State: 51 times — 32.1%
- then CDN Stock moved to lower Market State: 108 times — 67.9%
▸Current CDN Stock market energy: 72.98%
- Distance to upper bound of Bull Critical (at 74.5%): 1.52%
- Distance to lower bound of Bull Critical (at 60%): 12.98%
"Does history really repeat itself?" — 2AITRADING
The near-extreme Bull energy state determined for CDN Stock through the Daily candle data.
Per the 2AiTrading energy measurement system, Market Energy dropped -5.4% from the previous candle, from 78.4% to 73%.
Time in Bull Critical 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 +73 to +89.
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 19-01-2021 closed, CDN Stock was at 22.6, down 2.63% from the previous candle (23.21). Market Energy was 73%, down 5.4 points from 78.4%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did CDN price move on this Daily candle, and how large is that historically?
CDN closed at 22.6, down 2.63% from the previous Daily candle (23.21). This drop is larger than 64% of past drops on the Daily timeframe for CDN, across 514 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 5.4 percentage points from the previous candle — from 78.4% to 73%. This drop is larger than 35% of past drops on the Daily timeframe for CDN.
Do CDN price and energy agree?
Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was CDN Stock in on the previous Daily candle?
The previous Daily candle had CDN Stock at 78.4%, Bull Extreme — when this candle closed, CDN Stock moved down to a lower zone: Bull Extreme → Bull Critical.
Where does CDN Stock energy sit within the Bull Critical zone?
At 73%, CDN Stock is 1.52 points from the upper boundary of Bull Critical (74.5%) and 12.98 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Neutral with energy -11.3%; VN30 (VN30 basket) in Bear Bias with energy -57.8%. Against this backdrop, CDN Stock (Bull Critical, 73%) has higher energy 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 Bias with Market Energy -24.5%. CDN Stock (Bull Critical) and DXY currently sit on opposite sides.
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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