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| Price | ▼ 11.19% | ▼ 4.97% | ▲ 13.26% | ▼ 3.77% |
| Energy | ▼ 11.1 | ▼ 16.5 | ▲ 5.0 | ▼ 6.3 |
Trend of Bull Bias CMT Stock Weekly
▸When CMT Stock is in Bull Bias:
- then CMT Stock moved to higher Market State: 32 times — 45.1%
- then CMT Stock moved to lower Market State: 39 times — 54.9%
▸Current CMT Stock market energy: 32.99%
- Distance to upper bound of Bull Bias (at 60%): 27.01%
- Distance to lower bound of Bull Bias (at 20.88%): 12.11%
"Does history really repeat itself?" — 2AITRADING
With the Weekly candle just closed, CMT reflects Bull Bias.
Per the 2AiTrading energy measurement system, Market trend energy recorded a -6.3% drop from the previous candle, from 39.3% to 33%.
Time in Bull Bias energy zone: 4 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 CMT Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 18-03-2024 closed, CMT Stock was at 21.46, down 3.77% from the previous candle (22.3). Market Energy was 33%, down 6.3 points from 39.3%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did CMT price move on this Weekly candle, and how large is that historically?
CMT closed at 21.46, down 3.77% from the previous Weekly candle (22.3). This drop is larger than 47% of past drops on the Weekly timeframe for CMT, across 271 candles since 2019.
How did CMT Stock Market Energy change from the previous candle?
Market Energy fell 6.3 percentage points from the previous candle — from 39.3% to 33%. This drop is larger than 37% of past drops on the Weekly timeframe for CMT.
Do CMT 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 CMT Stock in on the previous Weekly candle?
The previous Weekly candle had CMT Stock at 39.3%, Bull Bias — this candle kept the same state, no zone change.
Where does CMT Stock energy sit within the Bull Bias zone?
At 33%, CMT Stock is 27.01 points from the upper boundary of Bull Bias (60%) and 12.11 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Neutral with energy 13.1%; VN30 (VN30 basket) in Neutral with energy 1.8%. Against this backdrop, CMT Stock (Bull Bias, 33%) has higher energy 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 -8%. CMT Stock energy is currently above DXY by 41 points.
See the real-time energy chart for CMT Stock.
Open Energy ChartSee the full 2AiTrading Model data for CMT on the CMT Stock overview →
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