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| Price | ▲ 0.62% | ▲ 0.91% | ▼ 0.17% | ▼ 0.59% |
| Energy | ▲ 46.8 | ▲ 63.2 | ▲ 22.8 | ▼ 73.3 |
Trend of Bear Bias DRL Stock Daily
▸When DRL Stock is in Bear Bias:
- then DRL Stock moved to higher Market State: 87 times — 47%
- then DRL Stock moved to lower Market State: 98 times — 53%
▸Current DRL Stock market energy: -38.6%
- Distance to upper bound of Bear Bias (at -20.88%): 17.72%
- Distance to lower bound of Bear Bias (at -60%): 21.4%
"To truly understand anything, study its history" — 2AITRADING
The energy state leaning Bear is the result just recorded for DRL after the Daily candle closed.
On the energy side, The energy level dropped -73.3%: from 34.7% now at -38.6%.
Time in Bear Bias energy zone: 1 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, DRL Stock Market Energy ranged from -98.1 to +34.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did DRL Stock price and energy show when this Daily candle closed?
When the Daily candle at 09:00 on 15-03-2024 closed, DRL Stock was at 53.85, down 0.59% from the previous candle (54.17). Market Energy was -38.6%, down 73.3 points from 34.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did DRL price move on this Daily candle, and how large is that historically?
DRL closed at 53.85, down 0.59% from the previous Daily candle (54.17). This drop is larger than 34% of past drops on the Daily timeframe for DRL, across 1,200 candles since 2019.
How did DRL Stock Market Energy change from the previous candle?
Market Energy fell 73.3 percentage points from the previous candle — from 34.7% to -38.6%. This drop is larger than 84% of past drops on the Daily timeframe for DRL.
Do DRL 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 DRL Stock in on the previous Daily candle?
The previous Daily candle had DRL Stock at 34.7%, Bull Bias — when this candle closed, DRL Stock moved down to a lower zone: Bull Bias → Bear Bias.
Where does DRL Stock energy sit within the Bear Bias zone?
At -38.6%, DRL Stock is 17.72 points from the upper boundary of Bear Bias (-20.88%) and 21.4 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 Neutral with energy 1.4%; VN30 (VN30 basket) in Neutral with energy -5.9%. Against this backdrop, DRL Stock (Bear Bias, -38.6%) 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 Bull Extreme with Market Energy 91.9%. DRL Stock (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for DRL Stock.
Open Energy ChartSee the full 2AiTrading Model data for DRL on the DRL Stock overview →
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