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| Price | 0.00% | 0.00% | ▼ 0.33% | ▼ 0.61% |
| Energy | ▲ 12.8 | ▼ 3.1 | ▲ 15.0 | ▼ 4.8 |
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: -54.83%
- Distance to upper bound of Bear Bias (at -20.88%): 33.95%
- Distance to lower bound of Bear Bias (at -60%): 5.17%
"History always repeats itself, one way or another" — 2AITRADING
From the just-closed Weekly candle data, DRL within the Bear Bias energy level.
Market energy movement Compared to the previous candle (-50%), Market Energy dropped -4.8% to -54.8%.
Time in Bear Bias energy zone: 2 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 DRL Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 24-06-2024 closed, DRL Stock was at 53.72, down 0.61% from the previous candle (54.05). Market Energy was -54.8%, down 4.8 points from -50%, 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 53.72, down 0.61% from the previous Weekly candle (54.05). This drop is larger than 21% of past drops on the Weekly timeframe for DRL, across 284 candles since 2019.
How did DRL Stock Market Energy change from the previous candle?
Market Energy fell 4.8 percentage points from the previous candle — from -50% to -54.8%. This drop is larger than 21% 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 the candle that just closed; it does not say where price goes next.
What state was DRL Stock in on the previous Weekly candle?
The previous Weekly candle had DRL Stock at -50%, Bear Bias — this candle kept the same state, no zone change.
Where does DRL Stock energy sit within the Bear Bias zone?
At -54.8%, DRL Stock is 33.95 points from the upper boundary of Bear Bias (-20.88%) and 5.17 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 Bear Bias with energy -22.3%; VN30 (VN30 basket) in Neutral with energy 15.3%. Against this backdrop, DRL Stock (Bear Bias, -54.8%) 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 Bull Bias with Market Energy 32.7%. 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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