Analysis

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Candle open
Price and energy
ECO Stock from 14.36 to 12.68, down 11.70%
Market Energy Bull Critical 69.5% to Neutral 4.0%, down 65.6 pts
Down candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 7.53%▼ 5.50%▼ 0.55%▼ 11.70%
Energy▲ 30.7▼ 13.9▼ 9.0▼ 65.6
Volatility trend chart · last 4 sessions
▲ 7.53%▼ 5.50%▼ 0.55%▼ 11.70%▲ 30.7▼ 13.9▼ 9.0▼ 65.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 11.70%: not enough data to rank
0%255075100%
Energy down 65.6 pts: not enough data to rank
RESEARCH

Trend of Neutral ECO Stock Daily

Sample: 457 Daily candles from 2024-10-09 to 2026-10-07
Number of Neutral occurrences: 40 times

▸When ECO Stock is in Neutral:

  • then ECO Stock moved to higher Market State: 15 times — 37.5%
  • then ECO Stock moved to lower Market State: 25 times — 62.5%

▸Current ECO Stock market energy: 3.95%

  • Distance to upper bound of Neutral (at 20.88%): 16.93%
  • Distance to lower bound of Neutral (at -20.88%): 24.83%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

ECO · D1 · 2024-10-29 02:00 UTC
Preview the last 30 candles — price and energy
View live ECO chart →
Market Energy
69.5%
Bull Critical
4.0%
Neutral
-7.7%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

ECO recorded in the balanced Market Energy zone as the Daily candle ended.

At the Daily session close, Market Energy dropped -65.6% from the previous candle, from 69.5% to 4%.

Time in Neutral 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 +4 to +92.4.

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 29-10-2024 closed, ECO Stock was at 12.68, down 11.7% from the previous candle (14.36). Market Energy was 4%, down 65.6 points from 69.5%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

ECO closed at 12.68, down 11.7% from the previous Daily candle (14.36).

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

Market Energy fell 65.6 percentage points from the previous candle — from 69.5% to 4%.

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 69.5%, Bull Critical — when this candle closed, ECO Stock moved down to a lower zone: Bull Critical → Neutral.

Where does ECO Stock energy sit within the Neutral zone?

At 4%, ECO Stock is 16.93 points from the upper boundary of Neutral (20.88%) and 24.83 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 -38.3%; VN30 (VN30 basket) in Neutral with energy -16.3%. Against this backdrop, ECO Stock (Neutral, 4%) has higher energy than VNINDEX; sits in the same state zone as 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 Bias with Market Energy 26.1%. ECO Stock energy is currently below DXY by 22.2 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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