Analysis

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Candle close
Price and energy
CDN Stock from 27.72 to 27.44, down 1.01%
Market Energy Bull Bias 31.6% to Bear Bias -59.4%, down 90.9 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.00%0.00%1.01%
Energy5.212.64.490.9
Volatility trend chart · last 4 sessions
0.00%0.00%0.00% 1.01% 5.2 12.6 4.4 90.9
priceenergy up · down
Volatility · vs history since 2019
Price down 1.01% — higher than 52% of past drops
0%255075100%
Energy down 90.9 pts — higher than 90% of past drops
RESEARCH

Trend of Bear Bias CDN Stock 1H

Sample: 2,700 1H candles from 2023-08-01 to 2026-09-21
Number of Bear Bias occurrences: 138 times

When CDN Stock is in Bear Bias:

  • then CDN Stock moved to higher Market State: 65 times47.1%
  • then CDN Stock moved to lower Market State: 73 times52.9%

Current CDN Stock market energy: -59.36%

  • Distance to upper bound of Bear Bias (at -20.88%): 38.48%
  • Distance to lower bound of Bear Bias (at -60%): 0.64%

"A person's history reveals more than you might think" — 2AITRADING

CDN · H1 · 2024-10-21 06:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
31.6%
Bull Bias
-59.4%
Bear Bias
-32.4%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

After the 1H candle closes, CDN in Bear Bias.

On the measurement side, Market Energy dropped -90.9% from the previous candle, from 31.6% to -59.4%.

Time in Bear 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 -59.4 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 13:00 on 21-10-2024 closed, CDN Stock was at 27.44, down 1.01% from the previous candle (27.72). Market Energy was -59.4%, down 90.9 points from 31.6%, 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 27.44, down 1.01% from the previous 1H candle (27.72). This drop is larger than 52% of past drops on the 1H timeframe for CDN, across 785 candles since 2019.

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

Market Energy fell 90.9 percentage points from the previous candle — from 31.6% to -59.4%. This drop is larger than 90% 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 31.6%, Bull Bias — when this candle closed, CDN Stock moved down to a lower zone: Bull Bias → Bear Bias.

Where does CDN Stock energy sit within the Bear Bias zone?

At -59.4%, CDN Stock is 38.48 points from the upper boundary of Bear Bias (-20.88%) and 0.64 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 Bear Bias with energy -41.9%; VN30 (VN30 basket) in Neutral with energy -4.9%. Against this backdrop, CDN Stock (Bear Bias, -59.4%) lower than VN30; sits in the same state zone as VNINDEX.

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 65.3%. CDN Stock (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for CDN Stock.

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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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