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| Price | ▲ 0.73% | 0.00% | ▼ 1.37% | ▼ 0.33% |
| Energy | ▲ 8.5 | ▲ 5.7 | ▼ 17.1 | ▼ 23.2 |
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: -42.77%
- Distance to upper bound of Bear Bias (at -20.88%): 21.89%
- Distance to lower bound of Bear Bias (at -60%): 17.23%
"To truly understand anything, study its history" — 2AITRADING
Right as the 1H candle closes, CDN shows the Bear Bias state.
Market trend energy Market Energy dropped -23.2% this candle, currently -42.8% (previous candle -19.6%).
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 -86.4 to +83.9.
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 13:00 on 27-09-2024 closed, CDN Stock was at 27.17, down 0.33% from the previous candle (27.26). Market Energy was -42.8%, down 23.2 points from -19.6%, 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 27.17, down 0.33% from the previous 1H candle (27.26). This drop is larger than 13% of past drops on the 1H timeframe for CDN, across 724 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 23.2 percentage points from the previous candle — from -19.6% to -42.8%. This drop is larger than 72% 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 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 -19.6%, Neutral — when this candle closed, CDN Stock moved down to a lower zone: Neutral → Bear Bias.
Where does CDN Stock energy sit within the Bear Bias zone?
At -42.8%, CDN Stock is 21.89 points from the upper boundary of Bear Bias (-20.88%) and 17.23 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 Neutral with energy -17.5%; VN30 (VN30 basket) in Neutral with energy 17.7%. Against this backdrop, CDN Stock (Bear Bias, -42.8%) 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 Bear Bias with Market Energy -55.1%. CDN Stock (Bear Bias) and DXY currently sit on the same Bear side.
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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