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| Price | ▼ 1.80% | ▼ 1.95% | ▲ 0.96% | ▲ 1.43% |
| Energy | ▼ 13.1 | ▼ 64.9 | ▲ 0.6 | ▲ 14.9 |
Trend of Bull Bias EID Stock Daily
▸When EID Stock is in Bull Bias:
- then EID Stock moved to higher Market State: 161 times — 55.3%
- then EID Stock moved to lower Market State: 130 times — 44.7%
▸Current EID Stock market energy: 25.44%
- Distance to upper bound of Bull Bias (at 60%): 34.56%
- Distance to lower bound of Bull Bias (at 20.88%): 4.56%
"Let data guide you, but never trust it completely" — 2AITRADING
The Bull Bias energy zone determined for EID Stock through the Daily candle data.
Market energy measurement Compared to the previous candle (10.5%), Market Energy rose +14.9% to 25.4%.
Time in Bull 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 +9.9 to +74.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EID Stock price and energy show when this Daily candle closed?
When the Daily candle at 09:00 on 21-06-2023 closed, EID Stock was at 16.98, up 1.43% from the previous candle (16.74). Market Energy was 25.4%, up 14.9 points from 10.5%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did EID price move on this Daily candle, and how large is that historically?
EID closed at 16.98, up 1.43% from the previous Daily candle (16.74). This rise is larger than 44% of past rises on the Daily timeframe for EID, across 1,090 candles since 2019.
How did EID Stock Market Energy change from the previous candle?
Market Energy rose 14.9 percentage points from the previous candle — from 10.5% to 25.4%. This rise is larger than 68% of past rises on the Daily timeframe for EID.
Do EID price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was EID Stock in on the previous Daily candle?
The previous Daily candle had EID Stock at 10.5%, Neutral — when this candle closed, EID Stock moved up to a higher zone: Neutral → Bull Bias.
Where does EID Stock energy sit within the Bull Bias zone?
At 25.4%, EID Stock is 34.56 points from the upper boundary of Bull Bias (60%) and 4.56 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 Bull Extreme with energy 86.7%; VN30 (VN30 basket) in Bull Critical with energy 65.1%. Against this backdrop, EID Stock (Bull Bias, 25.4%) 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 Neutral with Market Energy 15%. EID Stock energy is currently above DXY by 10.4 points.
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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