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| Price | ▲ 5.88% | ▼ 9.78% | ▲ 1.43% | 0.00% |
| Energy | ▲ 11.1 | ▼ 37.6 | ▼ 4.5 | ▼ 0.1 |
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: 33.9%
- Distance to upper bound of Bull Bias (at 60%): 26.1%
- Distance to lower bound of Bull Bias (at 20.88%): 13.02%
"To truly understand anything, study its history" — 2AITRADING
From the just-closed Daily candle data, CDN Stock reflects Bull Bias.
Observing the CDN market this session, Market Energy dropped -0.1% this candle, currently 33.9% (previous candle 34%).
Time in Bull Bias energy zone: 3 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 +33.9 to +38.6.
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 06-05-2021 closed, CDN Stock was at 21.24, unchanged 0% from the previous candle (21.24). Market Energy was 33.9%, down 0.1 points from 34%, 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 21.24, unchanged 0% from the previous Daily candle (21.24).
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 0.1 percentage points from the previous candle — from 34% to 33.9%. This drop is larger than 7% of past drops on the Daily timeframe for CDN.
Do CDN price and energy agree?
No. Price was unchanged while energy did change 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 34%, Bull Bias — this candle kept the same state, no zone change.
Where does CDN Stock energy sit within the Bull Bias zone?
At 33.9%, CDN Stock is 26.1 points from the upper boundary of Bull Bias (60%) and 13.02 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 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 76%; VN30 (VN30 basket) in Bull Critical with energy 60.6%. Against this backdrop, CDN Stock (Bull Bias, 33.9%) 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 Neutral with Market Energy 4.9%. CDN Stock energy is currently above DXY by 29 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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