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CDN Stock is currently controlled by buyers, in the Bull Bias zone. Measured energy: +47.9%.
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UP–DOWN statistics for Bull Bias CDN Stock Weekly
▸When CDN Stock is in Bull Bias:
- then CDN Stock moved to higher Market State: 18 times — 34.6%
- then CDN Stock moved to lower Market State: 34 times — 65.4%
▸Current CDN Stock market energy: 47.89%
- Distance to upper bound of Bull Bias (at 60%): 12.11%
- Distance to lower bound of Bull Bias (at 20.88%): 27.01%
"History always repeats itself, one way or another" — 2AITRADING
From the just-closed Weekly candle data, Market CDN Stock in the energy state leaning Bull.
On the energy side, Market Energy reading rose +3.1%, moving from 44.8% to 47.9% after the Weekly candle.
Time in Bull Bias energy zone: 3 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was CDN Stock on Weekly when this candle closed?
When the Weekly candle at 07:00 on 30-08-2021 closed, CDN Stock was in Bull Bias with Market Energy 47.9%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did CDN Stock Market Energy change from the previous candle?
Market Energy rose 3.1 percentage points from the previous candle — from 44.8% to 47.9%.
What state was CDN Stock in on the previous Weekly candle?
The previous Weekly candle had CDN Stock at 44.8%, Bull Bias — this candle kept the same state, no zone change.
Where does CDN Stock energy sit within the Bull Bias zone?
At 47.9%, CDN Stock is 12.11 points from the upper boundary of Bull Bias (60%) and 27.01 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 Extreme with energy 85.3%; VN30 (VN30 basket) in Bull Bias with energy 31.3%. Against this backdrop, CDN Stock (Bull Bias, 47.9%) lower than VNINDEX; sits in the same state zone as 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 Extreme with Market Energy -91.2%. CDN Stock (Bull 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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