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| Price | 0.00% | ▲ 0.44% | 0.00% | ▼ 0.44% |
| Energy | ▼ 0.0 | ▲ 137.8 | ▼ 15.4 | ▼ 97.9 |
Trend of Bear Bias EID Stock 1H
▸When EID Stock is in Bear Bias:
- then EID Stock moved to higher Market State: 64 times — 47.8%
- then EID Stock moved to lower Market State: 70 times — 52.2%
▸Current EID Stock market energy: -46.42%
- Distance to upper bound of Bear Bias (at -20.88%): 25.54%
- Distance to lower bound of Bear Bias (at -60%): 13.58%
"A person's history reveals more than you might think" — 2AITRADING
The Market Energy zone leaning Bear recorded from just-completed 1H candle data for EID Stock.
Market energy measurement Market Energy reading dropped -97.9%, moving from 51.5% to -46.4% after the 1H candle.
Time in Bear Bias energy zone: 1 1H 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 -70.9 to +66.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EID Stock price and energy show when this 1H candle closed?
When the 1H candle at 14:00 on 07-06-2024 closed, EID Stock was at 20.57, down 0.44% from the previous candle (20.66). Market Energy was -46.4%, down 97.9 points from 51.5%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did EID price move on this 1H candle, and how large is that historically?
EID closed at 20.57, down 0.44% from the previous 1H candle (20.66). This drop is larger than 14% of past drops on the 1H timeframe for EID, across 763 candles since 2019.
How did EID Stock Market Energy change from the previous candle?
Market Energy fell 97.9 percentage points from the previous candle — from 51.5% to -46.4%. This drop is larger than 92% of past drops on the 1H 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 1H candle?
The previous 1H candle had EID Stock at 51.5%, Bull Bias — when this candle closed, EID Stock moved down to a lower zone: Bull Bias → Bear Bias.
Where does EID Stock energy sit within the Bear Bias zone?
At -46.4%, EID Stock is 25.54 points from the upper boundary of Bear Bias (-20.88%) and 13.58 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 -39.6%; VN30 (VN30 basket) in Neutral with energy -0.2%. Against this backdrop, EID Stock (Bear Bias, -46.4%) lower than VN30; sits in the same state zone as VNINDEX.
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 -28.3%. EID Stock (Bear Bias) and DXY currently sit on the same Bear 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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