Analysis

·

Candle close
Price and energy
EID Stock from 20.66 to 20.66, flat 0.00%
Market Energy Bull Critical 66.9% to Bull Bias 51.5%, down 15.4 pts
Price and energy change · last 4 candles
Price0.00%0.00%▲ 0.44%0.00%
Energy▲ 0.0▼ 0.0▲ 137.8▼ 15.4
Volatility trend chart · last 4 sessions
0.00%0.00%▲ 0.44%0.00%▲ 0.0▼ 0.0▲ 137.8▼ 15.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price flat 0.00%: not enough data to rank
0%255075100%
Energy down 15.4 pts — higher than 65% of past drops
RESEARCH

Trend of Bull Bias EID Stock 1H

Sample: 2,391 1H candles from 2023-07-31 to 2026-09-25
Number of Bull Bias occurrences: 120 times

▸When EID Stock is in Bull Bias:

  • then EID Stock moved to higher Market State: 62 times — 51.7%
  • then EID Stock moved to lower Market State: 58 times — 48.3%

▸Current EID Stock market energy: 51.5%

  • Distance to upper bound of Bull Bias (at 60%): 8.5%
  • Distance to lower bound of Bull Bias (at 20.88%): 30.62%

"A person's history reveals more than you might think" — 2AITRADING

EID · H1 · 2024-06-07 06:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
66.9%
Bull Critical
51.5%
Bull Bias
-46.4%
Bear Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

The Bull Bias zone determined for EID Stock through the 1H candle data.

Market trend on the 2AiTrading energy system The energy level dropped -15.4%: from 66.9% now at 51.5%.

Time in Bull Bias energy zone: 1 1H 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 -70.9 to +66.9.

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 1H candle closed?

When the 1H candle at 13:00 on 07-06-2024 closed, EID Stock was at 20.66, unchanged 0% from the previous candle (20.66). Market Energy was 51.5%, down 15.4 points from 66.9%, 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 1H candle, and how large is that historically?

EID closed at 20.66, unchanged 0% from the previous 1H candle (20.66).

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

Market Energy fell 15.4 percentage points from the previous candle — from 66.9% to 51.5%. This drop is larger than 65% of past drops on the 1H timeframe for EID.

Do EID price and energy agree?

No. Price was unchanged while energy did change 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 1H candle?

The previous 1H candle had EID Stock at 66.9%, Bull Critical — when this candle closed, EID Stock moved down to a lower zone: Bull Critical → Bull Bias.

Where does EID Stock energy sit within the Bull Bias zone?

At 51.5%, EID Stock is 8.5 points from the upper boundary of Bull Bias (60%) and 30.62 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Bear Bias with energy -53.7%; VN30 (VN30 basket) in Neutral with energy -13.2%. Against this backdrop, EID Stock (Bull Bias, 51.5%) 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 Bear Bias with Market Energy -31.2%. EID Stock (Bull Bias) and DXY currently sit on opposite sides.

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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