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| Price | ▲ 1.86% | ▼ 3.62% | ▲ 1.86% | ▼ 1.82% |
| Energy | ▲ 112.4 | ▲ 25.5 | ▲ 31.6 | ▼ 69.6 |
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: 0.45%
- Distance to upper bound of Neutral (at 20.88%): 20.43%
- Distance to lower bound of Neutral (at -20.88%): 21.33%
"Does history really repeat itself?" — 2AITRADING
Right as the Daily candle closes, CDN in the balanced energy state.
On the measurement side, Market Energy dropped -69.6% from the previous candle, from 70.1% to 0.4%.
Time in Neutral 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 -99.4 to +70.1.
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 12-04-2024 closed, CDN Stock was at 24.22, down 1.82% from the previous candle (24.67). Market Energy was 0.4%, down 69.6 points from 70.1%, 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 24.22, down 1.82% from the previous Daily candle (24.67). This drop is larger than 52% of past drops on the Daily timeframe for CDN, across 1,248 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 69.6 percentage points from the previous candle — from 70.1% to 0.4%. This drop is larger than 92% of past drops on the Daily timeframe for CDN.
Do CDN price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. 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 70.1%, Bull Critical — when this candle closed, CDN Stock moved down to a lower zone: Bull Critical → Neutral.
Where does CDN Stock energy sit within the Neutral zone?
At 0.4%, CDN Stock is 20.43 points from the upper boundary of Neutral (20.88%) and 21.33 points from the lower boundary (-20.88%) — so energy sits closer to the upper 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 Neutral with energy -5.2%; VN30 (VN30 basket) in Bear Bias with energy -27.4%. Against this backdrop, CDN Stock (Neutral, 0.4%) has higher energy 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 Neutral with Market Energy -6.5%. CDN Stock energy is currently above DXY by 6.9 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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