Analysis

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Candle close
Price and energy
EID Stock from 23.66 to 23.23, down 1.82%
Market Energy Bull Extreme 93.9% to Bull Critical 62.3%, down 31.6 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%▼ 2.19%▲ 1.85%▼ 1.82%
Energy0.0▼ 51.2▲ 191.7▼ 31.6
Volatility trend chart · last 4 sessions
0.00%▼ 2.19%▲ 1.85%▼ 1.82%0.0▼ 51.2▲ 191.7▼ 31.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.82% — higher than 82% of past drops
0%255075100%
Energy down 31.6 pts — higher than 77% of past drops
RESEARCH

Trend of Bull Critical EID Stock 1H

Sample: 2,391 1H candles from 2023-07-31 to 2026-09-25
Number of Bull Critical occurrences: 84 times

▸When EID Stock is in Bull Critical:

  • then EID Stock moved to higher Market State: 38 times — 45.2%
  • then EID Stock moved to lower Market State: 46 times — 54.8%

▸Current EID Stock market energy: 62.27%

  • Distance to upper bound of Bull Critical (at 74.5%): 12.23%
  • Distance to lower bound of Bull Critical (at 60%): 2.27%

"Why does archaeology matter?" — 2AITRADING

EID · H1 · 2024-10-16 02:00 UTC
Preview the last 30 candles — price and energy
View live EID chart →
Market Energy
93.9%
Bull Extreme
62.3%
Bull Critical
2.4%
Neutral
Zone
60 – 74.5
Bias
Buyers in control
Explanation

EID recorded in Bull energy near extreme as the 1H candle ended.

Market movement after the 1H candle closes, A -31.6% change from the previous candle, Market Energy is now 62.3% (previous: 93.9%).

Time in Bull Critical 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 -99.9 to +93.9.

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 09:00 on 16-10-2024 closed, EID Stock was at 23.23, down 1.82% from the previous candle (23.66). Market Energy was 62.3%, down 31.6 points from 93.9%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

How much did EID price move on this 1H candle, and how large is that historically?

EID closed at 23.23, down 1.82% from the previous 1H candle (23.66). This drop is larger than 82% of past drops on the 1H timeframe for EID, across 1,035 candles since 2019.

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

Market Energy fell 31.6 percentage points from the previous candle — from 93.9% to 62.3%. This drop is larger than 77% 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 93.9%, Bull Extreme — when this candle closed, EID Stock moved down to a lower zone: Bull Extreme → Bull Critical.

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

At 62.3%, EID Stock is 12.23 points from the upper boundary of Bull Critical (74.5%) and 2.27 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.

What does Bull Critical mean?

Bull Critical 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 Critical 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 Extreme with energy -88.3%; VN30 (VN30 basket) in Bear Critical with energy -68.8%. Against this backdrop, EID Stock (Bull Critical, 62.3%) 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 Neutral with Market Energy -4.4%. EID Stock energy is currently above DXY by 66.6 points.

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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