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| Price | 0.00% | 0.00% | ▲ 2.20% | ▼ 2.54% |
| Energy | 0.0 | ▼ 10.6 | ▲ 21.4 | ▼ 36.2 |
Trend of Neutral EID Stock Daily
▸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: 0.53%
- Distance to upper bound of Neutral (at 20.88%): 20.35%
- Distance to lower bound of Neutral (at -20.88%): 21.41%
"Why does archaeology matter?" — 2AITRADING
As the Daily session concludes, EID currently in the neutral energy level.
Market movement after the Daily candle closes, Market Energy dropped -36.2% from the previous session, from 36.8% to 0.5%.
Time in Neutral 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 +0.5 to +36.8.
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 04-09-2024 closed, EID Stock was at 23.06, down 2.54% from the previous candle (23.66). Market Energy was 0.5%, down 36.2 points from 36.8%, 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 23.06, down 2.54% from the previous Daily candle (23.66). This drop is larger than 83% of past drops on the Daily timeframe for EID, across 1,385 candles since 2019.
How did EID Stock Market Energy change from the previous candle?
Market Energy fell 36.2 percentage points from the previous candle — from 36.8% to 0.5%. This drop is larger than 89% of past drops on the Daily timeframe for EID.
Do EID price and energy agree?
Yes. Both price and energy moved down on this candle. 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 36.8%, 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 0.5%, EID Stock is 20.35 points from the upper boundary of Neutral (20.88%) and 21.41 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 Bear Bias with energy -35.9%; VN30 (VN30 basket) in Bull Bias with energy 29.2%. Against this backdrop, EID Stock (Neutral, 0.5%) has higher energy than VNINDEX; lower than 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 12.4%. EID Stock energy is currently below DXY by 11.9 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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