·
EID Stock is currently controlled by sellers, in the Bear Bias zone. Measured energy: -33.9%.
See the full 2AiTrading Model data for EID on the EID Stock overview →
To jump to a symbol you're interested in, click .
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: -33.95%
- Distance to upper bound of Bear Bias (at -20.88%): 13.07%
- Distance to lower bound of Bear Bias (at -60%): 26.05%
"To truly understand anything, study its history" — 2AITRADING
After the Daily data updates, EID Stock noted at Bear Bias.
Market energy measurement Market Energy moved from -42% to -33.9%, up +8.1% from the previous candle.
Time in Bear Bias energy zone: 8 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 -43.3 to -33.9.
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 09:00 on 23-11-2021 closed, EID Stock was in Bear Bias with Market Energy -33.9%, 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 rose 8.1 percentage points from the previous candle — from -42% to -33.9%.
What state was EID Stock in on the previous Daily candle?
The previous Daily candle had EID Stock at -42%, Bear Bias — this candle kept the same state, no zone change.
Where does EID Stock energy sit within the Bear Bias zone?
At -33.9%, EID Stock is 13.07 points from the upper boundary of Bear Bias (-20.88%) and 26.05 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 -51.1%; VN30 (VN30 basket) in Bull Bias with energy 24.3%. Against this backdrop, EID Stock (Bear Bias, -33.9%) 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 Bull Critical with Market Energy 73.4%. EID Stock (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for EID Stock.
Open Energy ChartSee the full 2AiTrading Model data for EID on the EID Stock overview →
To jump to a symbol you're interested in, click .