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| Price | ▼ 0.89% | 0.00% | ▲ 1.79% | ▼ 1.76% |
| Energy | ▼ 164.7 | ▼ 13.7 | ▲ 180.7 | ▼ 137.9 |
Trend of Bear Bias CDN Stock 1H
▸When CDN Stock is in Bear Bias:
- then CDN Stock moved to higher Market State: 65 times — 47.1%
- then CDN Stock moved to lower Market State: 73 times — 52.9%
▸Current CDN Stock market energy: -50.06%
- Distance to upper bound of Bear Bias (at -20.88%): 29.18%
- Distance to lower bound of Bear Bias (at -60%): 9.94%
"Does history really repeat itself?" — 2AITRADING
The system just recorded CDN in the Bear Bias state after the 1H candle closed.
Market movement after the 1H candle closes, Market Energy dropped -137.9% this candle, currently -50.1% (previous candle 87.8%).
Time in Bear 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 -93.8 to +88.5.
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 10:00 on 16-07-2024 closed, CDN Stock was at 31.2, down 1.76% from the previous candle (31.76). Market Energy was -50.1%, down 137.9 points from 87.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did CDN price move on this 1H candle, and how large is that historically?
CDN closed at 31.2, down 1.76% from the previous 1H candle (31.76). This drop is larger than 67% of past drops on the 1H timeframe for CDN, across 548 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 137.9 percentage points from the previous candle — from 87.8% to -50.1%. This drop is larger than 91% of past drops on the 1H timeframe for CDN.
Do CDN price and energy agree?
Yes. Both price and energy moved down on this candle. 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 87.8%, Bull Extreme — when this candle closed, CDN Stock moved down to a lower zone: Bull Extreme → Bear Bias.
Where does CDN Stock energy sit within the Bear Bias zone?
At -50.1%, CDN Stock is 29.18 points from the upper boundary of Bear Bias (-20.88%) and 9.94 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 77.9%; VN30 (VN30 basket) in Bull Bias with energy 45.8%. Against this backdrop, CDN Stock (Bear Bias, -50.1%) 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 Bull Critical with Market Energy 61.3%. CDN Stock (Bear 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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