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| Price | ▲ 3.03% | ▼ 4.78% | ▼ 0.39% | ▼ 1.59% |
| Energy | ▲ 35.5 | ▼ 5.7 | ▼ 2.3 | ▼ 24.1 |
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: -33.03%
- Distance to upper bound of Bear Bias (at -20.88%): 12.15%
- Distance to lower bound of Bear Bias (at -60%): 26.97%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Observing the completed Weekly candle, CDN shows the Market Energy zone leaning Bear.
Looking at the energy level, Market Energy dropped -24.1% this candle, currently -33% (previous candle -9%).
Time in Bear Bias energy zone: 1 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 23-10-2023 closed, CDN Stock was at 22.87, down 1.59% from the previous candle (23.24). Market Energy was -33%, down 24.1 points from -9%, 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 22.87, down 1.59% from the previous Weekly candle (23.24). This drop is larger than 29% of past drops on the Weekly timeframe for CDN, across 250 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 24.1 percentage points from the previous candle — from -9% to -33%. This drop is larger than 86% 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 -9%, Neutral — when this candle closed, CDN Stock moved down to a lower zone: Neutral → Bear Bias.
Where does CDN Stock energy sit within the Bear Bias zone?
At -33%, CDN Stock is 12.15 points from the upper boundary of Bear Bias (-20.88%) and 26.97 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 Bull Extreme with energy 92.3%; VN30 (VN30 basket) in Bull Extreme with energy 85.7%. Against this backdrop, CDN Stock (Bear Bias, -33%) 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 Bull Bias with Market Energy 22.3%. CDN Stock (Bear 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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