Analysis

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Candle close
Price and energy
CDN Stock from 28.01 to 27.72, down 1.04%
Market Energy Bull Extreme 79.3% to Bull Bias 53.7%, down 25.5 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price2.40%1.99%1.34%1.04%
Energy5.39.60.925.5
Volatility trend chart · last 4 sessions
2.40% 1.99% 1.34% 1.04% 5.3 9.6 0.9 25.5
priceenergy up · down
Volatility · vs history since 2019
Price down 1.04% — higher than 53% of past drops
0%255075100%
Energy down 25.5 pts — higher than 74% of past drops
RESEARCH

Trend of Bull Bias CDN Stock 1H

Sample: 2,700 1H candles from 2023-08-01 to 2026-09-21
Number of Bull Bias occurrences: 150 times

When CDN Stock is in Bull Bias:

  • then CDN Stock moved to higher Market State: 73 times48.7%
  • then CDN Stock moved to lower Market State: 77 times51.3%

Current CDN Stock market energy: 53.73%

  • Distance to upper bound of Bull Bias (at 60%): 6.27%
  • Distance to lower bound of Bull Bias (at 20.88%): 32.85%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

CDN · H1 · 2024-10-18 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
79.3%
Bull Extreme
53.7%
Bull Bias
48.6%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

With the 1H candle just closed, Result for CDN: trend energy leaning Bull.

Market trend energy Market Energy dropped -25.5% this candle, currently 53.7% (previous candle 79.3%).

Time in Bull Bias 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 +53.7 to +99.3.

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 14:00 on 18-10-2024 closed, CDN Stock was at 27.72, down 1.04% from the previous candle (28.01). Market Energy was 53.7%, down 25.5 points from 79.3%, 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 27.72, down 1.04% from the previous 1H candle (28.01). This drop is larger than 53% of past drops on the 1H timeframe for CDN, across 781 candles since 2019.

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

Market Energy fell 25.5 percentage points from the previous candle — from 79.3% to 53.7%. This drop is larger than 74% 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 79.3%, 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 53.7%, CDN Stock is 6.27 points from the upper boundary of Bull Bias (60%) and 32.85 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 Bull Bias with energy 47.1%; VN30 (VN30 basket) in Bull Bias with energy 58.5%. Against this backdrop, CDN Stock (Bull Bias, 53.7%) sits in the same state zone as 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 Neutral with Market Energy -8.2%. CDN Stock energy is currently above DXY by 61.9 points.

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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