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| Price | 0.00% | ▼ 0.38% | ▲ 0.38% | ▼ 0.38% |
| Energy | ▲ 2.5 | ▲ 6.3 | ▲ 13.7 | ▲ 2.3 |
Trend of Neutral CDN Stock Daily
▸When CDN Stock is in Neutral:
- then CDN Stock moved to higher Market State: 94 times — 54.7%
- then CDN Stock moved to lower Market State: 78 times — 45.3%
▸Current CDN Stock market energy: -4.56%
- Distance to upper bound of Neutral (at 20.88%): 25.44%
- Distance to lower bound of Neutral (at -20.88%): 16.32%
"Let data guide you, but never trust it completely" — 2AITRADING
Following the completion of the Daily candle, CDN Stock currently in the Neutral state.
Market trend update: Market Energy reading rose +2.3%, moving from -6.9% to -4.6% after the Daily candle.
Time in Neutral 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 -26.8 to -4.6.
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 09:00 on 25-10-2021 closed, CDN Stock was at 23.83, down 0.38% from the previous candle (23.92). Market Energy was -4.6%, up 2.3 points from -6.9%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did CDN price move on this Daily candle, and how large is that historically?
CDN closed at 23.83, down 0.38% from the previous Daily candle (23.92). This drop is larger than 3% of past drops on the Daily timeframe for CDN, across 702 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy rose 2.3 percentage points from the previous candle — from -6.9% to -4.6%. This rise is larger than 20% of past rises on the Daily timeframe for CDN.
Do CDN price and energy agree?
No. On this candle price fell but energy rose — the two moved in opposite directions. 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 -6.9%, Neutral — this candle kept the same state, no zone change.
Where does CDN Stock energy sit within the Neutral zone?
At -4.6%, CDN Stock is 25.44 points from the upper boundary of Neutral (20.88%) and 16.32 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Bear Bias with energy -34.7%; VN30 (VN30 basket) in Bear Extreme with energy -79.8%. Against this backdrop, CDN Stock (Neutral, -4.6%) 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 Neutral with Market Energy -11.9%. CDN Stock energy is currently above DXY by 7.3 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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