Analysis

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Candle close
Price and energy
CDN Stock from 31.85 to 31.48, down 1.16%
Market Energy Bull Extreme 93.0% to Bull Critical 62.0%, down 31.0 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.25%1.18%0.00%1.16%
Energy18.891.42.131.0
Volatility trend chart · last 4 sessions
0.25% 1.18%0.00% 1.16% 18.8 91.4 2.1 31.0
priceenergy up · down
Volatility · vs history since 2019
Price down 1.16% — higher than 52% of past drops
0%255075100%
Energy down 31.0 pts — higher than 77% of past drops
RESEARCH

Trend of Bull Critical CDN Stock 1H

Sample: 2,700 1H candles from 2023-08-01 to 2026-09-21
Number of Bull Critical occurrences: 93 times

When CDN Stock is in Bull Critical:

  • then CDN Stock moved to higher Market State: 39 times41.9%
  • then CDN Stock moved to lower Market State: 54 times58.1%

Current CDN Stock market energy: 61.98%

  • Distance to upper bound of Bull Critical (at 74.5%): 12.52%
  • Distance to lower bound of Bull Critical (at 60%): 1.98%

"Does history really repeat itself?" — 2AITRADING

CDN · H1 · 2024-07-11 03:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
93.0%
Bull Extreme
62.0%
Bull Critical
55.7%
Bull Bias
Zone
60 – 74.5
Bias
Buyers in control
Explanation

As the 1H candle completes, CDN in the Bull Critical level.

Meanwhile, A -31% change from the previous candle, Market Energy is now 62% (previous: 93%).

Time in Bull Critical energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, CDN Stock Market Energy ranged from -100 to +98.7.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did CDN Stock price and energy show when this 1H candle closed?

When the 1H candle at 10:00 on 11-07-2024 closed, CDN Stock was at 31.48, down 1.16% from the previous candle (31.85). Market Energy was 62%, down 31.0 points from 93%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

How much did CDN price move on this 1H candle, and how large is that historically?

CDN closed at 31.48, down 1.16% from the previous 1H candle (31.85). This drop is larger than 52% of past drops on the 1H timeframe for CDN, across 534 candles since 2019.

How did CDN Stock Market Energy change from the previous candle?

Market Energy fell 31 percentage points from the previous candle — from 93% to 62%. This drop is larger than 77% of past drops on the 1H timeframe for CDN.

Do CDN price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. 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 93%, Bull Extreme — when this candle closed, CDN Stock moved down to a lower zone: Bull Extreme → Bull Critical.

Where does CDN Stock energy sit within the Bull Critical zone?

At 62%, CDN Stock is 12.52 points from the upper boundary of Bull Critical (74.5%) and 1.98 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.

What does Bull Critical mean?

Bull Critical 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 Critical 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 Bias with energy -55.2%; VN30 (VN30 basket) in Bear Critical with energy -63.1%. Against this backdrop, CDN Stock (Bull Critical, 62%) 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 Bias with Market Energy -31.7%. CDN Stock (Bull Critical) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for CDN Stock.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for CDN on the CDN Stock overview →

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