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| Price | ▲ 4.21% | ▼ 15.70% | ▲ 7.46% | ▲ 1.01% |
| Energy | ▲ 10.4 | ▼ 29.4 | ▼ 12.5 | ▲ 2.3 |
Trend of Bull Bias CMG Stock Weekly
▸When CMG Stock is in Bull Bias:
- then CMG Stock moved to higher Market State: 36 times — 54.5%
- then CMG Stock moved to lower Market State: 30 times — 45.5%
▸Current CMG Stock market energy: 55.95%
- Distance to upper bound of Bull Bias (at 60%): 4.05%
- Distance to lower bound of Bull Bias (at 20.88%): 35.07%
"History always repeats itself, one way or another" — 2AITRADING
After the Weekly candle closes, CMG within the energy zone tilted toward Bull.
Market movement just recorded on the Weekly timeframe, Market Energy moved from 53.6% to 56%, up +2.3% from the previous candle.
Time in Bull Bias energy zone: 2 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 CMG Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 02-05-2024 closed, CMG Stock was at 36.94, up 1.01% from the previous candle (36.57). Market Energy was 56%, up 2.3 points from 53.6%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did CMG price move on this Weekly candle, and how large is that historically?
CMG closed at 36.94, up 1.01% from the previous Weekly candle (36.57). This rise is larger than 21% of past rises on the Weekly timeframe for CMG, across 277 candles since 2019.
How did CMG Stock Market Energy change from the previous candle?
Market Energy rose 2.3 percentage points from the previous candle — from 53.6% to 56%. This rise is larger than 16% of past rises on the Weekly timeframe for CMG.
Do CMG price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was CMG Stock in on the previous Weekly candle?
The previous Weekly candle had CMG Stock at 53.6%, Bull Bias — this candle kept the same state, no zone change.
Where does CMG Stock energy sit within the Bull Bias zone?
At 56%, CMG Stock is 4.05 points from the upper boundary of Bull Bias (60%) and 35.07 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 Bias with energy 51.7%; VN30 (VN30 basket) in Bull Critical with energy 65.8%. Against this backdrop, CMG Stock (Bull Bias, 56%) lower than VN30; sits in the same state zone as VNINDEX.
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 Bear Critical with Market Energy -73.7%. CMG Stock (Bull Bias) 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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