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| Price | ▼ 3.10% | ▼ 4.31% | ▼ 0.64% | ▼ 0.91% |
| Energy | ▼ 15.6 | ▼ 21.6 | ▲ 2.7 | ▲ 6.8 |
Trend of Neutral EID Stock Weekly
▸When EID Stock is in Neutral:
- then EID Stock moved to higher Market State: 36 times — 61%
- then EID Stock moved to lower Market State: 23 times — 39%
▸Current EID Stock market energy: -1.18%
- Distance to upper bound of Neutral (at 20.88%): 22.06%
- Distance to lower bound of Neutral (at -20.88%): 19.7%
"Let data guide you, but never trust it completely" — 2AITRADING
With the Weekly candle just closed, EID Stock shows neutral energy.
Looking at the energy level, Compared to the previous candle (-8%), Market Energy rose +6.8% to -1.2%.
Time in Neutral energy zone: 4 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EID Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 23-03-2020 closed, EID Stock was at 7.65, down 0.91% from the previous candle (7.72). Market Energy was -1.2%, up 6.8 points from -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 Weekly candle, and how large is that historically?
EID closed at 7.65, down 0.91% from the previous Weekly candle (7.72). This drop is larger than 41% of past drops on the Weekly timeframe for EID, across 64 candles since 2019.
How did EID Stock Market Energy change from the previous candle?
Market Energy rose 6.8 percentage points from the previous candle — from -8% to -1.2%. This rise is larger than 52% of past rises on the Weekly timeframe for EID.
Do EID price and energy agree?
No. This candle recorded a price decline with energy moving the other way. This describes the candle that just closed; it does not say where price goes next.
What state was EID Stock in on the previous Weekly candle?
The previous Weekly candle had EID Stock at -8%, Neutral — this candle kept the same state, no zone change.
Where does EID Stock energy sit within the Neutral zone?
At -1.2%, EID Stock is 22.06 points from the upper boundary of Neutral (20.88%) and 19.7 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 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 Bias with Market Energy 55.5%. EID Stock energy is currently below DXY by 56.7 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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