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| Price | ▼ 24.04% | ▼ 20.25% | ▲ 4.76% | ▼ 21.21% |
| Energy | ▼ 26.0 | ▼ 93.2 | ▼ 10.8 | ▼ 18.4 |
Trend of Bear Bias CEN Stock Weekly
▸When CEN Stock is in Bear Bias:
- then CEN Stock moved to higher Market State: 15 times — 55.6%
- then CEN Stock moved to lower Market State: 12 times — 44.4%
▸Current CEN Stock market energy: -56.76%
- Distance to upper bound of Bear Bias (at -20.88%): 35.88%
- Distance to lower bound of Bear Bias (at -60%): 3.24%
"Let data guide you, but never trust it completely" — 2AITRADING
CEN recorded in the Bear Bias energy state as the Weekly candle ended.
Per the 2AiTrading energy measurement system, Market Energy dropped -18.4% this candle, currently -56.8% (previous candle -38.4%).
Time in Bear 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 did CEN Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 16-10-2023 closed, CEN Stock was at 5.2, down 21.21% from the previous candle (6.6). Market Energy was -56.8%, down 18.4 points from -38.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did CEN price move on this Weekly candle, and how large is that historically?
CEN closed at 5.2, down 21.21% from the previous Weekly candle (6.6). This drop is larger than 92% of past drops on the Weekly timeframe for CEN, across 249 candles since 2019.
How did CEN Stock Market Energy change from the previous candle?
Market Energy fell 18.4 percentage points from the previous candle — from -38.4% to -56.8%. This drop is larger than 81% of past drops on the Weekly timeframe for CEN.
Do CEN price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was CEN Stock in on the previous Weekly candle?
The previous Weekly candle had CEN Stock at -38.4%, Bear Bias — this candle kept the same state, no zone change.
Where does CEN Stock energy sit within the Bear Bias zone?
At -56.8%, CEN Stock is 35.88 points from the upper boundary of Bear Bias (-20.88%) and 3.24 points from the lower boundary (-60%) — so energy sits closer to the lower 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 83.9%; VN30 (VN30 basket) in Bull Critical with energy 68.9%. Against this backdrop, CEN Stock (Bear Bias, -56.8%) 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 29.5%. CEN Stock (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for CEN Stock.
Open Energy ChartSee the full 2AiTrading Model data for CEN on the CEN Stock overview →
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