Analysis

·

Candle open
Price and energy
EID Stock from 19.74 to 18.84, down 4.56%
Market Energy Bull Critical 73.5% to Bull Bias 42.6%, down 30.9 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 1.58%▼ 1.20%0.00%▼ 4.56%
Energy▼ 5.8▼ 6.2▼ 2.8▼ 30.9
Volatility trend chart · last 4 sessions
▼ 1.58%▼ 1.20%0.00%▼ 4.56%▼ 5.8▼ 6.2▼ 2.8▼ 30.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 4.56% — higher than 84% of past drops
0%255075100%
Energy down 30.9 pts — higher than 89% of past drops
RESEARCH

Trend of Bull Bias EID Stock Weekly

Sample: 749 Weekly candles from 2012-03-26 to 2026-09-22
Number of Bull Bias occurrences: 72 times

▸When EID Stock is in Bull Bias:

  • then EID Stock moved to higher Market State: 35 times — 48.6%
  • then EID Stock moved to lower Market State: 37 times — 51.4%

▸Current EID Stock market energy: 42.61%

  • Distance to upper bound of Bull Bias (at 60%): 17.39%
  • Distance to lower bound of Bull Bias (at 20.88%): 21.73%

"History always repeats itself, one way or another" — 2AITRADING

EID · W1 · 2024-04-15 02:00 UTC
Preview the last 30 candles — price and energy
View live EID chart →
Market Energy
73.5%
Bull Critical
42.6%
Bull Bias
52.4%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Observing the completed Weekly candle, Result for EID: the energy zone leaning Bull.

The energy side shows Energy delta -30.9%: Market Energy at 42.6%, previously 73.5%.

Time in Bull Bias energy zone: 1 Weekly 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

Not enough data in the past 5 days to show a range.

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 Weekly candle closed?

When the Weekly candle at 09:00 on 15-04-2024 closed, EID Stock was at 18.84, down 4.56% from the previous candle (19.74). Market Energy was 42.6%, down 30.9 points from 73.5%, 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 Weekly candle, and how large is that historically?

EID closed at 18.84, down 4.56% from the previous Weekly candle (19.74). This drop is larger than 84% of past drops on the Weekly timeframe for EID, across 275 candles since 2019.

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

Market Energy fell 30.9 percentage points from the previous candle — from 73.5% to 42.6%. This drop is larger than 89% of past drops on the Weekly 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 Weekly candle?

The previous Weekly candle had EID Stock at 73.5%, 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 42.6%, EID Stock is 17.39 points from the upper boundary of Bull Bias (60%) and 21.73 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 Bull Extreme with energy 91.6%; VN30 (VN30 basket) in Bull Extreme with energy 97.6%. Against this backdrop, EID Stock (Bull Bias, 42.6%) lower 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 Bull Bias with Market Energy 23.6%. EID Stock (Bull Bias) and DXY currently sit on the same Bull side.

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 →

To jump to a symbol you're interested in, click .