Analysis

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Candle open
Price and energy
CDN Stock from 23.95 to 23.51, down 1.84%
Market Energy Bull Critical 72.0% to Bull Bias 43.3%, down 28.7 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.69%▲ 2.17%▲ 1.96%▼ 1.84%
Energy▼ 6.4▲ 42.5▼ 7.3▼ 28.7
Volatility trend chart · last 4 sessions
▼ 0.69%▲ 2.17%▲ 1.96%▼ 1.84%▼ 6.4▲ 42.5▼ 7.3▼ 28.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.84% — higher than 32% of past drops
0%255075100%
Energy down 28.7 pts — higher than 90% of past drops
RESEARCH

Trend of Bull Bias CDN Stock Weekly

Sample: 543 Weekly candles from 2016-04-04 to 2026-09-28
Number of Bull Bias occurrences: 52 times

▸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: 43.34%

  • Distance to upper bound of Bull Bias (at 60%): 16.66%
  • Distance to lower bound of Bull Bias (at 20.88%): 22.46%

"Does history really repeat itself?" — 2AITRADING

CDN · W1 · 2023-06-19 02:00 UTC
Preview the last 30 candles — price and energy
View live CDN chart →
Market Energy
72.0%
Bull Critical
43.3%
Bull Bias
-19.9%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

CDN Stock processing result: the Bull Bias energy state after the Weekly candle closed.

Market trend update: Market Energy reading dropped -28.7%, moving from 72% to 43.3% after the Weekly candle.

Time in Bull Bias energy zone: 1 Weekly 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

Not enough data in the past 5 days to show a range.

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 Weekly candle closed?

When the Weekly candle at 09:00 on 19-06-2023 closed, CDN Stock was at 23.51, down 1.84% from the previous candle (23.95). Market Energy was 43.3%, down 28.7 points from 72%, 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 Weekly candle, and how large is that historically?

CDN closed at 23.51, down 1.84% from the previous Weekly candle (23.95). This drop is larger than 32% of past drops on the Weekly timeframe for CDN, across 232 candles since 2019.

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

Market Energy fell 28.7 percentage points from the previous candle — from 72% to 43.3%. This drop is larger than 90% of past drops on the Weekly 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 Weekly candle?

The previous Weekly candle had CDN Stock at 72%, Bull Critical — when this candle closed, CDN Stock moved down to a lower zone: Bull Critical → Bull Bias.

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

At 43.3%, CDN Stock is 16.66 points from the upper boundary of Bull Bias (60%) and 22.46 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 Bear Critical with energy -73.4%; VN30 (VN30 basket) in Bear Critical with energy -73.4%. Against this backdrop, CDN Stock (Bull Bias, 43.3%) has higher energy 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 Bull Bias with Market Energy 59.2%. CDN Stock (Bull Bias) and DXY currently sit on the same Bull side.

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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