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| Price | ▼ 3.85% | ▲ 0.80% | ▼ 1.59% | ▲ 0.81% |
| Energy | ▼ 74.8 | ▲ 3.4 | ▲ 3.9 | ▲ 12.8 |
Trend of Bear Bias CDN Stock Weekly
▸When CDN Stock is in Bear Bias:
- then CDN Stock moved to higher Market State: 21 times — 91.3%
- then CDN Stock moved to lower Market State: 2 times — 8.7%
▸Current CDN Stock market energy: -30.52%
- Distance to upper bound of Bear Bias (at -20.88%): 9.64%
- Distance to lower bound of Bear Bias (at -60%): 29.48%
"Does history really repeat itself?" — 2AITRADING
With the Weekly candle just closed, Market Energy of CDN Stock indicates the Bear Bias energy level.
Market energy measurement The energy level rose +12.8%: from -43.4% now at -30.5%.
Time in Bear Bias energy zone: 4 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 did CDN Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 17-10-2022 closed, CDN Stock was at 21.2, up 0.81% from the previous candle (21.03). Market Energy was -30.5%, up 12.8 points from -43.4%, 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 Weekly candle, and how large is that historically?
CDN closed at 21.2, up 0.81% from the previous Weekly candle (21.03). This rise is larger than 13% of past rises on the Weekly timeframe for CDN, across 197 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy rose 12.8 percentage points from the previous candle — from -43.4% to -30.5%. This rise is larger than 65% of past rises on the Weekly timeframe for CDN.
Do CDN price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. This describes the candle that just closed; it does not say where price goes next.
What state was CDN Stock in on the previous Weekly candle?
The previous Weekly candle had CDN Stock at -43.4%, Bear Bias — this candle kept the same state, no zone change.
Where does CDN Stock energy sit within the Bear Bias zone?
At -30.5%, CDN Stock is 9.64 points from the upper boundary of Bear Bias (-20.88%) and 29.48 points from the lower boundary (-60%) — so energy sits closer to the upper 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 5.3%; VN30 (VN30 basket) in Neutral with energy 6.6%. Against this backdrop, CDN Stock (Bear Bias, -30.5%) 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 Neutral with Market Energy 14.8%. CDN Stock energy is currently below DXY by 45.3 points.
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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