·
| Price | ▼ 1.29% | ▲ 11.29% | ▼ 2.50% | ▼ 5.13% |
| Energy | ▼ 13.6 | ▲ 45.5 | ▲ 13.7 | ▼ 13.3 |
Trend of Bear Bias DRI Stock Weekly
▸When DRI Stock is in Bear Bias:
- then DRI Stock moved to higher Market State: 19 times — 54.3%
- then DRI Stock moved to lower Market State: 16 times — 45.7%
▸Current DRI Stock market energy: -26.92%
- Distance to upper bound of Bear Bias (at -20.88%): 6.04%
- Distance to lower bound of Bear Bias (at -60%): 33.08%
"Why does archaeology matter?" — 2AITRADING
Right as the Weekly candle closes, DRI currently in the Bear Bias zone.
On the measurement side, Market Energy at -26.9%, down -13.3% from -13.6% in the previous candle.
Time in Bear Bias energy zone: 1 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 DRI Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 23-10-2023 closed, DRI Stock was at 6.29, down 5.13% from the previous candle (6.63). Market Energy was -26.9%, down 13.3 points from -13.6%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did DRI price move on this Weekly candle, and how large is that historically?
DRI closed at 6.29, down 5.13% from the previous Weekly candle (6.63). This drop is larger than 70% of past drops on the Weekly timeframe for DRI, across 250 candles since 2019.
How did DRI Stock Market Energy change from the previous candle?
Market Energy fell 13.3 percentage points from the previous candle — from -13.6% to -26.9%. This drop is larger than 61% of past drops on the Weekly timeframe for DRI.
Do DRI price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was DRI Stock in on the previous Weekly candle?
The previous Weekly candle had DRI Stock at -13.6%, Neutral — when this candle closed, DRI Stock moved down to a lower zone: Neutral → Bear Bias.
Where does DRI Stock energy sit within the Bear Bias zone?
At -26.9%, DRI Stock is 6.04 points from the upper boundary of Bear Bias (-20.88%) and 33.08 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Extreme with energy 92.3%; VN30 (VN30 basket) in Bull Extreme with energy 85.7%. Against this backdrop, DRI Stock (Bear Bias, -26.9%) 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 Bull Bias with Market Energy 22.3%. DRI Stock (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for DRI Stock.
Open Energy ChartSee the full 2AiTrading Model data for DRI on the DRI Stock overview →
To jump to a symbol you're interested in, click .