·
| Price | 0.00% | 0.00% | ▼ 0.16% | ▼ 0.56% |
| Energy | ▼ 0.2 | ▲ 1.3 | ▼ 1.4 | ▼ 20.1 |
Trend of Bear Bias CNG Stock Daily
▸When CNG Stock is in Bear Bias:
- then CNG Stock moved to higher Market State: 168 times — 63.4%
- then CNG Stock moved to lower Market State: 97 times — 36.6%
▸Current CNG Stock market energy: -42.92%
- Distance to upper bound of Bear Bias (at -20.88%): 22.04%
- Distance to lower bound of Bear Bias (at -60%): 17.08%
"Does history really repeat itself?" — 2AITRADING
As the Daily candle closes, Result for CNG Stock: the Bear Bias energy zone.
Meanwhile, Energy delta -20.1%: Market Energy at -42.9%, previously -22.9%.
Time in Bear Bias energy zone: 11 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, CNG Stock Market Energy ranged from -42.9 to -21.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CNG Stock price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 03-10-2019 closed, CNG Stock was at 12.39, down 0.56% from the previous candle (12.46). Market Energy was -42.9%, down 20.1 points from -22.9%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did CNG price move on this Daily candle, and how large is that historically?
CNG closed at 12.39, down 0.56% from the previous Daily candle (12.46). This drop is larger than 59% of past drops on the Daily timeframe for CNG, across 187 candles since 2019.
How did CNG Stock Market Energy change from the previous candle?
Market Energy fell 20.1 percentage points from the previous candle — from -22.9% to -42.9%. This drop is larger than 75% of past drops on the Daily timeframe for CNG.
Do CNG price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was CNG Stock in on the previous Daily candle?
The previous Daily candle had CNG Stock at -22.9%, Bear Bias — this candle kept the same state, no zone change.
Where does CNG Stock energy sit within the Bear Bias zone?
At -42.9%, CNG Stock is 22.04 points from the upper boundary of Bear Bias (-20.88%) and 17.08 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear Bias definition →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 -61.3%. CNG Stock (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for CNG Stock.
Open Energy ChartSee the full 2AiTrading Model data for CNG on the CNG Stock overview →
To jump to a symbol you're interested in, click .