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| Price | ▲ 7.29% | 0.00% | ▼ 0.36% | ▼ 4.65% |
| Energy | ▲ 5.1 | ▲ 6.2 | ▼ 1.0 | ▼ 29.0 |
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: -20.75%
- Distance to upper bound of Neutral (at 20.88%): 41.63%
- Distance to lower bound of Neutral (at -20.88%): 0.13%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
With the Daily candle just closed, CDN reflects the balanced energy zone.
Meanwhile, Market trend energy recorded a -29% drop from the previous candle, from 8.2% to -20.7%.
Time in Neutral energy zone: 7 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 -20.7 to +9.2.
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 15-12-2023 closed, CDN Stock was at 23.78, down 4.65% from the previous candle (24.94). Market Energy was -20.7%, down 29.0 points from 8.2%, 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 23.78, down 4.65% from the previous Daily candle (24.94). This drop is larger than 86% of past drops on the Daily timeframe for CDN, across 1,173 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 29 percentage points from the previous candle — from 8.2% to -20.7%. This drop is larger than 78% 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 8.2%, Neutral — this candle kept the same state, no zone change.
Where does CDN Stock energy sit within the Neutral zone?
At -20.7%, CDN Stock is 41.63 points from the upper boundary of Neutral (20.88%) and 0.13 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 Extreme with energy -86.2%; VN30 (VN30 basket) in Bear Extreme with energy -82.8%. Against this backdrop, CDN Stock (Neutral, -20.7%) 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 Critical with Market Energy -72.8%. CDN Stock energy is currently above DXY by 52.1 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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