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| Price | ▲ 0.38% | ▲ 1.88% | 0.00% | ▼ 2.21% |
| Energy | ▲ 91.8 | ▲ 47.7 | ▲ 55.5 | ▼ 50.8 |
Trend of Bull Bias CDN Stock 1H
▸When CDN Stock is in Bull Bias:
- then CDN Stock moved to higher Market State: 73 times — 48.7%
- then CDN Stock moved to lower Market State: 77 times — 51.3%
▸Current CDN Stock market energy: 44.99%
- Distance to upper bound of Bull Bias (at 60%): 15.01%
- Distance to lower bound of Bull Bias (at 20.88%): 24.11%
"Does history really repeat itself?" — 2AITRADING
The energy level leaning Bull is the result just recorded for CDN Stock after the 1H candle closed.
Looking at the energy level, Market Energy reading dropped -50.8%, moving from 95.7% to 45% after the 1H candle.
Time in Bull Bias energy zone: 1 1H 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 -99.2 to +99.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CDN Stock price and energy show when this 1H candle closed?
When the 1H candle at 14:00 on 10-08-2023 closed, CDN Stock was at 23.86, down 2.21% from the previous candle (24.4). Market Energy was 45%, down 50.8 points from 95.7%, 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 1H candle, and how large is that historically?
CDN closed at 23.86, down 2.21% from the previous 1H candle (24.4).
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 50.8 percentage points from the previous candle — from 95.7% to 45%.
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 1H candle?
The previous 1H candle had CDN Stock at 95.7%, Bull Extreme — when this candle closed, CDN Stock moved down to a lower zone: Bull Extreme → Bull Bias.
Where does CDN Stock energy sit within the Bull Bias zone?
At 45%, CDN Stock is 15.01 points from the upper boundary of Bull Bias (60%) and 24.11 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 Bear Extreme with energy -98.8%; VN30 (VN30 basket) in Bear Extreme with energy -92.5%. Against this backdrop, CDN Stock (Bull Bias, 45%) 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 Extreme with Market Energy -81.4%. 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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