Analysis

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Candle open
Price and energy
ECO Stock from 14.9 to 13.6, down 8.72%
Market Energy Bull Critical 73.4% to Bull Bias 44.1%, down 29.3 pts
Down candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 13.81%▼ 9.70%▼ 12.56%▼ 8.72%
Energy▲ 99.8▼ 7.7▼ 18.7▼ 29.3
Volatility trend chart · last 4 sessions
▲ 13.81%▼ 9.70%▼ 12.56%▼ 8.72%▲ 99.8▼ 7.7▼ 18.7▼ 29.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 8.72%: not enough data to rank
0%255075100%
Energy down 29.3 pts: not enough data to rank
RESEARCH

Trend of Bull Bias ECO Stock Daily

Sample: 457 Daily candles from 2024-10-09 to 2026-10-07
Number of Bull Bias occurrences: 31 times

▸When ECO Stock is in Bull Bias:

  • then ECO Stock moved to higher Market State: 11 times — 35.5%
  • then ECO Stock moved to lower Market State: 20 times — 64.5%

▸Current ECO Stock market energy: 44.08%

  • Distance to upper bound of Bull Bias (at 60%): 15.92%
  • Distance to lower bound of Bull Bias (at 20.88%): 23.2%

"Why does archaeology matter?" — 2AITRADING

ECO · D1 · 2024-10-16 02:00 UTC
Preview the last 30 candles — price and energy
View live ECO chart →
Market Energy
73.4%
Bull Critical
44.1%
Bull Bias
25.4%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

The system just recorded ECO in the Bull Bias energy zone after the Daily candle closed.

Market trend on the 2AiTrading energy system The energy level dropped -29.3%: from 73.4% now at 44.1%.

Time in Bull Bias energy zone: 1 Daily Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, ECO Stock Market Energy ranged from +44.1 to +99.8.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did ECO Stock price and energy show when this Daily candle closed?

When the Daily candle at 09:00 on 16-10-2024 closed, ECO Stock was at 13.6, down 8.72% from the previous candle (14.9). Market Energy was 44.1%, down 29.3 points from 73.4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did ECO price move on this Daily candle, and how large is that historically?

ECO closed at 13.6, down 8.72% from the previous Daily candle (14.9).

How did ECO Stock Market Energy change from the previous candle?

Market Energy fell 29.3 percentage points from the previous candle — from 73.4% to 44.1%.

Do ECO price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

What state was ECO Stock in on the previous Daily candle?

The previous Daily candle had ECO Stock at 73.4%, Bull Critical — when this candle closed, ECO Stock moved down to a lower zone: Bull Critical → Bull Bias.

Where does ECO Stock energy sit within the Bull Bias zone?

At 44.1%, ECO Stock is 15.92 points from the upper boundary of Bull Bias (60%) and 23.2 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull 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 Extreme with energy -88.3%; VN30 (VN30 basket) in Bear Critical with energy -68.8%. Against this backdrop, ECO Stock (Bull Bias, 44.1%) has higher energy 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 -4.4%. ECO Stock energy is currently above DXY by 48.4 points.

Real-time Energy Chart

See the real-time energy chart for ECO Stock.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for ECO on the ECO Stock overview →

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