Analysis

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Candle open
Price and energy
EID Stock from 17.99 to 17.92, down 0.39%
Market Energy Bull Bias 39.2% to Neutral 7.2%, down 32.0 pts
Down candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%▼ 0.82%▼ 0.39%▼ 0.39%
Energy▲ 6.9▼ 9.0▼ 1.4▼ 32.0
Volatility trend chart · last 4 sessions
0.00%▼ 0.82%▼ 0.39%▼ 0.39%▲ 6.9▼ 9.0▼ 1.4▼ 32.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.39% — higher than 2% of past drops
0%255075100%
Energy down 32.0 pts — higher than 89% of past drops
RESEARCH

Trend of Neutral EID Stock Daily

Sample: 3,575 Daily candles from 2012-03-21 to 2026-10-08
Number of Neutral occurrences: 203 times

▸When EID Stock is in Neutral:

  • then EID Stock moved to higher Market State: 123 times — 60.6%
  • then EID Stock moved to lower Market State: 80 times — 39.4%

▸Current EID Stock market energy: 7.21%

  • Distance to upper bound of Neutral (at 20.88%): 13.67%
  • Distance to lower bound of Neutral (at -20.88%): 28.09%

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

EID · D1 · 2022-03-04 02:00 UTC
Preview the last 30 candles — price and energy
View live EID chart →
Market Energy
39.2%
Bull Bias
7.2%
Neutral
28.1%
Bull Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the Daily candle completes, Result for EID Stock: the Neutral state.

Market trend update: Market trend energy recorded a -32% drop from the previous candle, from 39.2% to 7.2%.

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, EID Stock Market Energy ranged from +7.2 to +49.7.

Knowledge

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

Frequently asked questions

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

When the Daily candle at 09:00 on 04-03-2022 closed, EID Stock was at 17.92, down 0.39% from the previous candle (17.99). Market Energy was 7.2%, down 32.0 points from 39.2%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

EID closed at 17.92, down 0.39% from the previous Daily candle (17.99). This drop is larger than 2% of past drops on the Daily timeframe for EID, across 791 candles since 2019.

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

Market Energy fell 32 percentage points from the previous candle — from 39.2% to 7.2%. This drop is larger than 89% of past drops on the Daily timeframe for EID.

Do EID price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.

What state was EID Stock in on the previous Daily candle?

The previous Daily candle had EID Stock at 39.2%, Bull Bias — when this candle closed, EID Stock moved down to a lower zone: Bull Bias → Neutral.

Where does EID Stock energy sit within the Neutral zone?

At 7.2%, EID Stock is 13.67 points from the upper boundary of Neutral (20.88%) and 28.09 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 Bull Extreme with energy 95.6%; VN30 (VN30 basket) in Bull Extreme with energy 95.2%. Against this backdrop, EID Stock (Neutral, 7.2%) 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 Bull Bias with Market Energy 45.3%. EID Stock energy is currently below DXY by 38.1 points.

Real-time Energy Chart

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

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