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| Price | ▼ 0.15% | 0.00% | ▲ 1.41% | ▼ 1.71% |
| Energy | ▼ 3.6 | ▼ 26.7 | ▲ 8.9 | ▼ 64.0 |
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: -37.79%
- Distance to upper bound of Bear Bias (at -20.88%): 16.91%
- Distance to lower bound of Bear Bias (at -60%): 22.21%
"Does history really repeat itself?" — 2AITRADING
After the system processes the Daily candle, DRL currently in the Bear Bias zone.
On the 2AiTrading energy system, Market trend energy recorded a -64% drop from the previous candle, from 26.2% to -37.8%.
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 -37.8 to +26.2.
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 04-09-2024 closed, DRL Stock was at 54.56, down 1.71% from the previous candle (55.51). Market Energy was -37.8%, down 64.0 points from 26.2%, 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 54.56, down 1.71% from the previous Daily candle (55.51). This drop is larger than 72% of past drops on the Daily timeframe for DRL, across 1,315 candles since 2019.
How did DRL Stock Market Energy change from the previous candle?
Market Energy fell 64 percentage points from the previous candle — from 26.2% to -37.8%. This drop is larger than 82% of past drops on the Daily timeframe for DRL.
Do DRL price and energy agree?
Yes. Both price and energy moved down on this candle. 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 26.2%, 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 -37.8%, DRL Stock is 16.91 points from the upper boundary of Bear Bias (-20.88%) and 22.21 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 Bear Bias with energy -35.9%; VN30 (VN30 basket) in Bull Bias with energy 29.2%. Against this backdrop, DRL Stock (Bear Bias, -37.8%) lower than VN30; sits in the same state zone as VNINDEX.
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 12.4%. DRL Stock energy is currently below DXY by 50.2 points.
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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