·
| Price | ▼ 1.89% | ▲ 0.77% | ▲ 3.02% | ▼ 2.93% |
| Energy | ▼ 59.3 | ▲ 16.9 | ▲ 21.3 | ▼ 127.0 |
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: -54.95%
- Distance to upper bound of Bear Bias (at -20.88%): 34.07%
- Distance to lower bound of Bear Bias (at -60%): 5.05%
"Does history really repeat itself?" — 2AITRADING
CDN classified into trend energy leaning Bear after the Daily candle completed.
On the energy side, Energy delta -127%: Market Energy at -55%, previously 72%.
Time in Bear Bias 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 -55 to +72.
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 14-09-2023 closed, CDN Stock was at 23.51, down 2.93% from the previous candle (24.22). Market Energy was -55%, down 127.0 points from 72%, 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 23.51, down 2.93% from the previous Daily candle (24.22). This drop is larger than 72% of past drops on the Daily timeframe for CDN, across 1,122 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 127 percentage points from the previous candle — from 72% to -55%. This drop is larger than 97% of past drops on the Daily timeframe for CDN.
Do CDN price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 72%, Bull Critical — when this candle closed, CDN Stock moved down to a lower zone: Bull Critical → Bear Bias.
Where does CDN Stock energy sit within the Bear Bias zone?
At -55%, CDN Stock is 34.07 points from the upper boundary of Bear Bias (-20.88%) and 5.05 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 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 -7.2%; VN30 (VN30 basket) in Neutral with energy 12.7%. Against this backdrop, CDN Stock (Bear Bias, -55%) 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 -13.5%. CDN Stock energy is currently below DXY by 41.4 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 →
To jump to a symbol you're interested in, click .