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| Price | ▼ 0.31% | ▼ 0.88% | ▲ 0.57% | ▼ 0.25% |
| Energy | ▼ 7.9 | ▼ 71.6 | ▲ 26.2 | ▼ 18.8 |
Trend of Neutral CDN Stock 1H
▸When CDN Stock is in Neutral:
- then CDN Stock moved to higher Market State: 62 times — 47%
- then CDN Stock moved to lower Market State: 70 times — 53%
▸Current CDN Stock market energy: -0.46%
- Distance to upper bound of Neutral (at 20.88%): 21.34%
- Distance to lower bound of Neutral (at -20.88%): 20.42%
"Let data guide you, but never trust it completely" — 2AITRADING
CDN classified into neutral energy after the 1H candle completed.
On the energy side, Compared to the previous candle (18.4%), Market Energy dropped -18.8% to -0.5%.
Time in Neutral energy zone: 3 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 -100 to +98.7.
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 13:00 on 10-07-2024 closed, CDN Stock was at 31.48, down 0.25% from the previous candle (31.56). Market Energy was -0.5%, down 18.8 points from 18.4%, 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 1H candle, and how large is that historically?
CDN closed at 31.48, down 0.25% from the previous 1H candle (31.56). This drop is larger than 0% of past drops on the 1H timeframe for CDN, across 531 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 18.8 percentage points from the previous candle — from 18.4% to -0.5%. This drop is larger than 70% of past drops on the 1H 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 the candle that just closed; it does not say where price goes next.
What state was CDN Stock in on the previous 1H candle?
The previous 1H candle had CDN Stock at 18.4%, Neutral — this candle kept the same state, no zone change.
Where does CDN Stock energy sit within the Neutral zone?
At -0.5%, CDN Stock is 21.34 points from the upper boundary of Neutral (20.88%) and 20.42 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 Bull Bias with energy 24.9%; VN30 (VN30 basket) in Neutral with energy 12%. Against this backdrop, CDN Stock (Neutral, -0.5%) lower than VNINDEX; sits in the same state zone as 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 4.7%. CDN Stock energy is currently below DXY by 5.2 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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