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| Price | ▼ 0.36% | ▲ 0.89% | ▼ 1.81% | ▼ 0.37% |
| Energy | ▼ 7.8 | ▲ 15.9 | ▼ 40.1 | ▼ 70.7 |
Trend of Bear Bias DRC Stock 1H
▸When DRC Stock is in Bear Bias:
- then DRC Stock moved to higher Market State: 168 times — 60%
- then DRC Stock moved to lower Market State: 112 times — 40%
▸Current DRC Stock market energy: -43.64%
- Distance to upper bound of Bear Bias (at -20.88%): 22.76%
- Distance to lower bound of Bear Bias (at -60%): 16.36%
"Let data guide you, but never trust it completely" — 2AITRADING
After the 1H candle closes, Market Energy of DRC Stock indicates Bear Bias.
Per the 2AI model, Compared to the previous candle (27.1%), Market Energy dropped -70.7% to -43.6%.
Time in Bear Bias 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, DRC Stock Market Energy ranged from -43.6 to +81.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did DRC Stock price and energy show when this 1H candle closed?
When the 1H candle at 10:00 on 22-01-2024 closed, DRC Stock was at 18.94, down 0.37% from the previous candle (19.01). Market Energy was -43.6%, down 70.7 points from 27.1%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did DRC price move on this 1H candle, and how large is that historically?
DRC closed at 18.94, down 0.37% from the previous 1H candle (19.01). This drop is larger than 28% of past drops on the 1H timeframe for DRC, across 610 candles since 2019.
How did DRC Stock Market Energy change from the previous candle?
Market Energy fell 70.7 percentage points from the previous candle — from 27.1% to -43.6%. This drop is larger than 95% of past drops on the 1H timeframe for DRC.
Do DRC 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 DRC Stock in on the previous 1H candle?
The previous 1H candle had DRC Stock at 27.1%, Bull Bias — when this candle closed, DRC Stock moved down to a lower zone: Bull Bias → Bear Bias.
Where does DRC Stock energy sit within the Bear Bias zone?
At -43.6%, DRC Stock is 22.76 points from the upper boundary of Bear Bias (-20.88%) and 16.36 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 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 53.4%; VN30 (VN30 basket) in Bull Bias with energy 54.9%. Against this backdrop, DRC Stock (Bear Bias, -43.6%) 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 Bear Bias with Market Energy -54.7%. DRC Stock (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for DRC Stock.
Open Energy ChartSee the full 2AiTrading Model data for DRC on the DRC Stock overview →
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