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| Price | ▲ 3.98% | ▼ 0.38% | ▼ 1.90% | ▼ 1.16% |
| Energy | ▲ 32.6 | ▲ 21.2 | ▼ 7.6 | ▼ 17.8 |
Trend of Neutral CDN Stock Weekly
▸When CDN Stock is in Neutral:
- then CDN Stock moved to higher Market State: 36 times — 69.2%
- then CDN Stock moved to lower Market State: 16 times — 30.8%
▸Current CDN Stock market energy: -4.63%
- Distance to upper bound of Neutral (at 20.88%): 25.51%
- Distance to lower bound of Neutral (at -20.88%): 16.25%
"History always repeats itself, one way or another" — 2AITRADING
As the Weekly candle closes, CDN currently in the Bull/Bear balanced energy zone.
On trend energy, Market Energy dropped -17.8% from the previous session, from 13.2% to -4.6%.
Time in Neutral 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 22-11-2023 closed, CDN Stock was at 22.97, down 1.16% from the previous candle (23.24). Market Energy was -4.6%, down 17.8 points from 13.2%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did CDN price move on this Weekly candle, and how large is that historically?
CDN closed at 22.97, down 1.16% from the previous Weekly candle (23.24). This drop is larger than 22% of past drops on the Weekly timeframe for CDN, across 254 candles since 2019.
How did CDN Stock Market Energy change from the previous candle?
Market Energy fell 17.8 percentage points from the previous candle — from 13.2% to -4.6%. This drop is larger than 83% of past drops on the Weekly timeframe for CDN.
Do CDN price and energy agree?
Yes. On this candle price fell and energy fell — 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 13.2%, Neutral — this candle kept the same state, no zone change.
Where does CDN Stock energy sit within the Neutral zone?
At -4.6%, CDN Stock is 25.51 points from the upper boundary of Neutral (20.88%) and 16.25 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Bias with energy 24.1%; VN30 (VN30 basket) in Neutral with energy 8.4%. Against this backdrop, CDN Stock (Neutral, -4.6%) 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 Bull Bias with Market Energy 56.5%. CDN Stock energy is currently below DXY by 61.1 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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