Analysis

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Candle open
Price and energy
EIC Stock from 20.18 to 20.1, down 0.40%
Market Energy Bear Critical -68.9% to Bear Extreme -88.5%, down 19.6 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.82%0.00%▼ 1.32%▼ 0.40%
Energy▼ 115.2▲ 8.8▼ 15.3▼ 19.6
Volatility trend chart · last 4 sessions
▼ 0.82%0.00%▼ 1.32%▼ 0.40%▼ 115.2▲ 8.8▼ 15.3▼ 19.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.40% — higher than 3% of past drops
0%255075100%
Energy down 19.6 pts — higher than 76% of past drops
RESEARCH

Trend of Bear Extreme EIC Stock Daily

Sample: 2,127 Daily candles from 2017-03-01 to 2026-10-08
Number of Bear Extreme occurrences: 103 times

▸When EIC Stock is in Bear Extreme:

  • then EIC Stock moved to higher Market State: 103 times — 100%
  • then EIC Stock moved to lower Market State: 0 times — 0%

▸Current EIC Stock market energy: -88.48%

  • Distance to upper bound of Bear Extreme (at -74.5%): 13.98%
  • Distance to bottom -100%: 11.52%

"To truly understand anything, study its history" — 2AITRADING

EIC · D1 · 2024-02-21 02:00 UTC
Preview the last 30 candles — price and energy
View live EIC chart →
Market Energy
-68.9%
Bear Critical
-88.5%
Bear Extreme
-83.5%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

As the Daily session concludes, EIC within the Bear Extreme energy zone.

On the energy side, Compared to the previous candle (-68.9%), Market Energy dropped -19.6% to -88.5%.

Time in Bear Extreme 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, EIC Stock Market Energy ranged from -88.5 to -53.6.

Knowledge

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

Frequently asked questions

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

When the Daily candle at 09:00 on 21-02-2024 closed, EIC Stock was at 20.1, down 0.4% from the previous candle (20.18). Market Energy was -88.5%, down 19.6 points from -68.9%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

EIC closed at 20.1, down 0.4% from the previous Daily candle (20.18). This drop is larger than 3% of past drops on the Daily timeframe for EIC, across 1,203 candles since 2019.

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

Market Energy fell 19.6 percentage points from the previous candle — from -68.9% to -88.5%. This drop is larger than 76% of past drops on the Daily timeframe for EIC.

Do EIC 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 EIC Stock in on the previous Daily candle?

The previous Daily candle had EIC Stock at -68.9%, Bear Critical — when this candle closed, EIC Stock moved down to a lower zone: Bear Critical → Bear Extreme.

Where does EIC Stock energy sit within the Bear Extreme zone?

At -88.5%, EIC Stock is 13.98 points from the upper boundary of Bear Extreme (-74.5%) and 11.52 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.

What does Bear Extreme mean?

Bear Extreme 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 Extreme 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 Bull Extreme with energy 85.9%; VN30 (VN30 basket) in Bull Critical with energy 64.8%. Against this backdrop, EIC Stock (Bear Extreme, -88.5%) 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 Bear Bias with Market Energy -52.2%. EIC Stock (Bear Extreme) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for EIC 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 EIC on the EIC Stock overview →

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