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| Price | ▼ 3.72% | ▲ 0.81% | 0.00% | ▼ 0.61% |
| Energy | ▼ 69.7 | ▼ 0.5 | 0.0 | ▼ 31.3 |
Trend of Neutral CMG Stock 1H
▸When CMG Stock is in Neutral:
- then CMG Stock moved to higher Market State: 130 times — 45%
- then CMG Stock moved to lower Market State: 159 times — 55%
▸Current CMG Stock market energy: -10.08%
- Distance to upper bound of Neutral (at 20.88%): 30.96%
- Distance to lower bound of Neutral (at -20.88%): 10.8%
"To truly understand anything, study its history" — 2AITRADING
Reading from the 1H candle, CMG within the Neutral zone.
On the energy side, Market Energy dropped -31.3% this candle, currently -10.1% (previous candle 21.2%).
Time in Neutral energy zone: 1 1H 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 -10.1 to +95.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CMG Stock price and energy show when this 1H candle closed?
When the 1H candle at 13:00 on 16-10-2023 closed, CMG Stock was at 30.89, down 0.61% from the previous candle (31.08). Market Energy was -10.1%, down 31.3 points from 21.2%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did CMG price move on this 1H candle, and how large is that historically?
CMG closed at 30.89, down 0.61% from the previous 1H candle (31.08). This drop is larger than 42% of past drops on the 1H timeframe for CMG, across 262 candles since 2019.
How did CMG Stock Market Energy change from the previous candle?
Market Energy fell 31.3 percentage points from the previous candle — from 21.2% to -10.1%. This drop is larger than 80% of past drops on the 1H timeframe for CMG.
Do CMG price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was CMG Stock in on the previous 1H candle?
The previous 1H candle had CMG Stock at 21.2%, Bull Bias — when this candle closed, CMG Stock moved down to a lower zone: Bull Bias → Neutral.
Where does CMG Stock energy sit within the Neutral zone?
At -10.1%, CMG Stock is 30.96 points from the upper boundary of Neutral (20.88%) and 10.8 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 47.4%; VN30 (VN30 basket) in Neutral with energy -10.2%. Against this backdrop, CMG Stock (Neutral, -10.1%) 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 Neutral with Market Energy -16.5%. CMG Stock energy is currently above DXY by 6.4 points.
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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