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| Price | ▼ 1.24% | 0.00% | ▼ 1.93% | ▼ 0.68% |
| Energy | ▼ 5.7 | ▼ 1.3 | ▼ 4.7 | ▼ 10.1 |
Trend of Bear Bias ECO Stock Daily
▸When ECO Stock is in Bear Bias:
- then ECO Stock moved to higher Market State: 24 times — 61.5%
- then ECO Stock moved to lower Market State: 15 times — 38.5%
▸Current ECO Stock market energy: -21.59%
- Distance to upper bound of Bear Bias (at -20.88%): 0.71%
- Distance to lower bound of Bear Bias (at -60%): 38.41%
"History always repeats itself, one way or another" — 2AITRADING
Observing the completed Daily candle, ECO within Bear Bias of Market Energy.
On trend energy, Market Energy dropped -10.1% from the previous candle, from -11.5% to -21.6%.
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, ECO Stock Market Energy ranged from -21.6 to -5.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did ECO Stock price and energy show when this Daily candle closed?
When the Daily candle at 09:00 on 18-12-2024 closed, ECO Stock was at 11.61, down 0.68% from the previous candle (11.69). Market Energy was -21.6%, down 10.1 points from -11.5%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did ECO price move on this Daily candle, and how large is that historically?
ECO closed at 11.61, down 0.68% from the previous Daily candle (11.69). This drop is larger than 18% of past drops on the Daily timeframe for ECO, across 50 candles since 2019.
How did ECO Stock Market Energy change from the previous candle?
Market Energy fell 10.1 percentage points from the previous candle — from -11.5% to -21.6%. This drop is larger than 54% of past drops on the Daily timeframe for ECO.
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 -11.5%, Neutral — when this candle closed, ECO Stock moved down to a lower zone: Neutral → Bear Bias.
Where does ECO Stock energy sit within the Bear Bias zone?
At -21.6%, ECO Stock is 0.71 points from the upper boundary of Bear Bias (-20.88%) and 38.41 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 -23.8%; VN30 (VN30 basket) in Neutral with energy -20.5%. Against this backdrop, ECO Stock (Bear Bias, -21.6%) 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 -12.2%. ECO Stock energy is currently below DXY by 9.4 points.
See the real-time energy chart for ECO Stock.
Open Energy ChartSee the full 2AiTrading Model data for ECO on the ECO Stock overview →
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