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| Price | 0.00% | ▼ 0.31% | 0.00% | 0.00% |
| Energy | ▲ 42.6 | ▲ 8.8 | ▲ 0.0 | ▼ 4.4 |
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: 55.5%
- Distance to upper bound of Bull Bias (at 60%): 4.5%
- Distance to lower bound of Bull Bias (at 20.88%): 34.62%
"History always repeats itself, one way or another" — 2AITRADING
With the Daily candle just closed, CDN shows the Bull trend energy zone.
The CDN market at session end, The energy level dropped -4.4%: from 59.9% now at 55.5%.
Time in Bull Bias energy zone: 4 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 +51.1 to +59.9.
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 21-03-2024 closed, CDN Stock was at 25.4, unchanged 0% from the previous candle (25.4). Market Energy was 55.5%, down 4.4 points from 59.9%, 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 25.4, unchanged 0% from the previous Daily candle (25.4).
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 4.4 percentage points from the previous candle — from 59.9% to 55.5%. This drop is larger than 27% 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 59.9%, Bull Bias — this candle kept the same state, no zone change.
Where does CDN Stock energy sit within the Bull Bias zone?
At 55.5%, CDN Stock is 4.5 points from the upper boundary of Bull Bias (60%) and 34.62 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 Extreme with energy 75.7%; VN30 (VN30 basket) in Bull Extreme with energy 76.5%. Against this backdrop, CDN Stock (Bull Bias, 55.5%) 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 Bear Extreme with Market Energy -99.8%. CDN Stock (Bull Bias) and DXY currently sit on opposite sides.
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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