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| Price | ▼ 2.21% | ▲ 2.15% | ▲ 1.60% | ▼ 2.66% |
| Energy | ▼ 43.3 | ▲ 17.7 | ▲ 17.6 | ▼ 93.1 |
Trend of Bear Bias DRL Stock Weekly
▸When DRL Stock is in Bear Bias:
- then DRL Stock moved to higher Market State: 34 times — 70.8%
- then DRL Stock moved to lower Market State: 14 times — 29.2%
▸Current DRL Stock market energy: -51.48%
- Distance to upper bound of Bear Bias (at -20.88%): 30.6%
- Distance to lower bound of Bear Bias (at -60%): 8.52%
"Why does archaeology matter?" — 2AITRADING
After the Weekly session ends, DRL within trend energy leaning Bear.
Market energy movement Market Energy dropped -93.1% from the previous session, from 41.6% to -51.5%.
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.
Over the past 5 days, DRL Stock Market Energy ranged from -51.5 to +41.6.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did DRL Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 06-05-2024 closed, DRL Stock was at 54.48, down 2.66% from the previous candle (55.97). Market Energy was -51.5%, down 93.1 points from 41.6%, 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 Weekly candle, and how large is that historically?
DRL closed at 54.48, down 2.66% from the previous Weekly candle (55.97). This drop is larger than 78% of past drops on the Weekly timeframe for DRL, across 277 candles since 2019.
How did DRL Stock Market Energy change from the previous candle?
Market Energy fell 93.1 percentage points from the previous candle — from 41.6% to -51.5%. This drop is larger than 98% of past drops on the Weekly timeframe for DRL.
Do DRL 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 DRL Stock in on the previous Weekly candle?
The previous Weekly candle had DRL Stock at 41.6%, 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 -51.5%, DRL Stock is 30.6 points from the upper boundary of Bear Bias (-20.88%) and 8.52 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 Neutral with energy 1.4%; VN30 (VN30 basket) in Bull Critical with energy 68.7%. Against this backdrop, DRL Stock (Bear Bias, -51.5%) 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 Neutral with Market Energy -9.2%. DRL Stock energy is currently below DXY by 42.3 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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