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| Price | ▼ 1.20% | ▲ 1.22% | ▼ 0.45% | ▼ 0.40% |
| Energy | ▼ 53.0 | ▲ 14.7 | ▼ 1.3 | ▼ 6.2 |
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: 25.16%
- Distance to upper bound of Bull Bias (at 60%): 34.84%
- Distance to lower bound of Bull Bias (at 20.88%): 4.28%
"A person's history reveals more than you might think" — 2AITRADING
The system just recorded EID in the energy state leaning Bull after the Daily candle closed.
End-of-session update for Daily, Compared to the previous candle (31.3%), Market Energy dropped -6.2% to 25.2%.
Time in Bull Bias energy zone: 3 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 +17.9 to +32.6.
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 02-04-2024 closed, EID Stock was at 19.81, down 0.4% from the previous candle (19.89). Market Energy was 25.2%, down 6.2 points from 31.3%, 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 19.81, down 0.4% from the previous Daily candle (19.89). This drop is larger than 4% of past drops on the Daily timeframe for EID, across 1,281 candles since 2019.
How did EID Stock Market Energy change from the previous candle?
Market Energy fell 6.2 percentage points from the previous candle — from 31.3% to 25.2%. This drop is larger than 46% of past drops on the Daily timeframe for EID.
Do EID 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 EID Stock in on the previous Daily candle?
The previous Daily candle had EID Stock at 31.3%, Bull Bias — this candle kept the same state, no zone change.
Where does EID Stock energy sit within the Bull Bias zone?
At 25.2%, EID Stock is 34.84 points from the upper boundary of Bull Bias (60%) and 4.28 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 Neutral with energy 6.1%; VN30 (VN30 basket) in Neutral with energy 6.3%. Against this backdrop, EID Stock (Bull Bias, 25.2%) has higher energy 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 Extreme with Market Energy 82.6%. EID Stock (Bull Bias) and DXY currently sit on the same Bull 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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