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| Price | ▼ 2.60% | ▼ 0.51% | ▲ 0.16% | ▼ 0.33% |
| Energy | ▼ 22.9 | ▼ 0.8 | ▲ 5.7 | ▲ 2.9 |
Trend of Bear Extreme CMG Stock 1H
▸When CMG Stock is in Bear Extreme:
- then CMG Stock moved to higher Market State: 171 times — 100%
- then CMG Stock moved to lower Market State: 0 times — 0%
▸Current CMG Stock market energy: -91.34%
- Distance to upper bound of Bear Extreme (at -74.5%): 16.84%
- Distance to bottom -100%: 8.66%
"Let data guide you, but never trust it completely" — 2AITRADING
Reading from the 1H candle, CMG noted at Bear energy in an extreme reading.
Market energy measurement Market Energy reading rose +2.9%, moving from -94.2% to -91.3% after the 1H candle.
Time in Bear Extreme energy zone: 10 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 -99.9 to -61.5.
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 11:00 on 17-07-2024 closed, CMG Stock was at 48.81, down 0.33% from the previous candle (48.97). Market Energy was -91.3%, up 2.9 points from -94.2%, 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 1H candle, and how large is that historically?
CMG closed at 48.81, down 0.33% from the previous 1H candle (48.97). This drop is larger than 32% of past drops on the 1H timeframe for CMG, across 1,191 candles since 2019.
How did CMG Stock Market Energy change from the previous candle?
Market Energy rose 2.9 percentage points from the previous candle — from -94.2% to -91.3%. This rise is larger than 22% of past rises on the 1H timeframe for CMG.
Do CMG price and energy agree?
No. This candle recorded a price decline with energy moving the other way. 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 -94.2%, Bear Extreme — this candle kept the same state, no zone change.
Where does CMG Stock energy sit within the Bear Extreme zone?
At -91.3%, CMG Stock is 16.84 points from the upper boundary of Bear Extreme (-74.5%) and 8.66 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 -64.8%; VN30 (VN30 basket) in Bull Bias with energy 25.5%. Against this backdrop, CMG Stock (Bear Extreme, -91.3%) 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 Neutral with Market Energy -14.6%. CMG Stock energy is currently below DXY by 76.7 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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