·
| Price | ▼ 1.13% | ▲ 2.29% | ▼ 3.27% | 0.00% |
| Energy | ▼ 6.5 | ▲ 23.3 | ▼ 9.0 | ▼ 9.1 |
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: 41.42%
- Distance to upper bound of Bull Bias (at 60%): 18.58%
- Distance to lower bound of Bull Bias (at 20.88%): 20.54%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
CDN Stock recorded in energy leaning Bull as the Daily candle ended.
Market trend on the 2AiTrading energy system Market Energy reading dropped -9.1%, moving from 50.5% to 41.4% after the Daily candle.
Time in Bull Bias energy zone: 9 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 +36.3 to +59.5.
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 02-07-2021 closed, CDN Stock was at 21.59, unchanged 0% from the previous candle (21.59). Market Energy was 41.4%, down 9.1 points from 50.5%, 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 21.59, unchanged 0% from the previous Daily candle (21.59).
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 9.1 percentage points from the previous candle — from 50.5% to 41.4%. This drop is larger than 50% 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 50.5%, Bull Bias — this candle kept the same state, no zone change.
Where does CDN Stock energy sit within the Bull Bias zone?
At 41.4%, CDN Stock is 18.58 points from the upper boundary of Bull Bias (60%) and 20.54 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 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 Bias with energy 30%; VN30 (VN30 basket) in Bull Critical with energy 71.3%. Against this backdrop, CDN Stock (Bull Bias, 41.4%) 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 Bull Bias with Market Energy 50.8%. CDN Stock (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for CDN Stock.
Open Energy ChartSee the full 2AiTrading Model data for CDN on the CDN Stock overview →
To jump to a symbol you're interested in, click .