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EID Stock is currently controlled by sellers, in the Bear Bias zone. Measured energy: -31.2%.
See the full 2AiTrading Model data for EID on the EID Stock overview →
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UP–DOWN statistics for Bear Bias EID Stock Daily
▸When EID Stock is in Bear Bias:
- then EID Stock moved to higher Market State: 114 times — 69.9%
- then EID Stock moved to lower Market State: 49 times — 30.1%
▸Current EID Stock market energy: -31.22%
- Distance to upper bound of Bear Bias (at -20.88%): 10.34%
- Distance to lower bound of Bear Bias (at -60%): 28.78%
"To truly understand anything, study its history" — 2AITRADING
EID Stock recorded in the Bear Bias zone as the Daily candle ended.
Looking at the Market Energy reading, Energy delta -58.9%: Market Energy at -31.2%, previously 27.7%.
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, EID Stock Market Energy ranged from -31.2 to +55.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was EID Stock on Daily when this candle closed?
When the Daily candle at 07:00 on 19-01-2021 closed, EID Stock was in Bear Bias with Market Energy -31.2%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did EID Stock Market Energy change from the previous candle?
Market Energy fell 58.9 percentage points from the previous candle — from 27.7% to -31.2%.
What state was EID Stock in on the previous Daily candle?
The previous Daily candle had EID Stock at 27.7%, Bull Bias — when this candle closed, EID Stock moved down to a lower zone: Bull Bias → Bear Bias.
Where does EID Stock energy sit within the Bear Bias zone?
At -31.2%, EID Stock is 10.34 points from the upper boundary of Bear Bias (-20.88%) and 28.78 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 Neutral with energy -11.3%; VN30 (VN30 basket) in Bear Bias with energy -57.8%. Against this backdrop, EID Stock (Bear Bias, -31.2%) lower 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 Bear Bias with Market Energy -24.5%. EID Stock (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for EID Stock.
Open Energy ChartSee the full 2AiTrading Model data for EID on the EID Stock overview →
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