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| Price | ▼ 1.44% | ▼ 2.16% | ▲ 1.32% | ▼ 5.49% |
| Energy | ▼ 7.6 | ▼ 39.2 | ▲ 8.0 | ▼ 113.6 |
Trend of Bear Extreme CMG Stock Daily
▸When CMG Stock is in Bear Extreme:
- then CMG Stock moved to higher Market State: 112 times — 100%
- then CMG Stock moved to lower Market State: 0 times — 0%
▸Current CMG Stock market energy: -98.66%
- Distance to upper bound of Bear Extreme (at -74.5%): 24.16%
- Distance to bottom -100%: 1.34%
"Why does archaeology matter?" — 2AITRADING
Observing the completed Daily candle, CMG in Bear energy in an extreme reading.
Market movement just recorded on the Daily timeframe, Market trend energy recorded a -113.6% drop from the previous candle, from 14.9% to -98.7%.
Time in Bear Extreme energy zone: 1 Daily 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.
Over the past 5 days, CMG Stock Market Energy ranged from -98.7 to +46.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CMG Stock price and energy show when this Daily candle closed?
When the Daily candle at 09:00 on 26-10-2023 closed, CMG Stock was at 28.23, down 5.49% from the previous candle (29.87). Market Energy was -98.7%, down 113.6 points from 14.9%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did CMG price move on this Daily candle, and how large is that historically?
CMG closed at 28.23, down 5.49% from the previous Daily candle (29.87). This drop is larger than 95% of past drops on the Daily timeframe for CMG, across 1,206 candles since 2019.
How did CMG Stock Market Energy change from the previous candle?
Market Energy fell 113.6 percentage points from the previous candle — from 14.9% to -98.7%. This drop is larger than 99% of past drops on the Daily timeframe for CMG.
Do CMG price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was CMG Stock in on the previous Daily candle?
The previous Daily candle had CMG Stock at 14.9%, Neutral — when this candle closed, CMG Stock moved down to a lower zone: Neutral → Bear Extreme.
Where does CMG Stock energy sit within the Bear Extreme zone?
At -98.7%, CMG Stock is 24.16 points from the upper boundary of Bear Extreme (-74.5%) and 1.34 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.
What does Bear Extreme mean?
Bear Extreme 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 Extreme 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 -64.6%; VN30 (VN30 basket) in Bear Critical with energy -73.5%. Against this backdrop, CMG Stock (Bear Extreme, -98.7%) 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 Extreme with Market Energy 78.6%. CMG Stock (Bear Extreme) and DXY currently sit on opposite sides.
See the real-time energy chart for CMG Stock.
Open Energy ChartSee the full 2AiTrading Model data for CMG on the CMG Stock overview →
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