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| Price | ▼ 2.58% | ▲ 1.50% | ▼ 1.13% | ▼ 1.14% |
| Energy | ▼ 15.1 | ▲ 9.5 | ▼ 1.7 | ▼ 20.3 |
Trend of Bear Bias EID Stock Weekly
▸When EID Stock is in Bear Bias:
- then EID Stock moved to higher Market State: 27 times — 75%
- then EID Stock moved to lower Market State: 9 times — 25%
▸Current EID Stock market energy: -28.55%
- Distance to upper bound of Bear Bias (at -20.88%): 7.67%
- Distance to lower bound of Bear Bias (at -60%): 31.45%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
As the Weekly candle closes, EID shows Bear Bias.
Market trend update: Compared to the previous candle (-8.3%), Market Energy dropped -20.3% to -28.6%.
Time in Bear Bias energy zone: 1 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 09:00 on 16-12-2024 closed, EID Stock was at 22.45, down 1.14% from the previous candle (22.71). Market Energy was -28.6%, down 20.3 points from -8.3%, 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 Weekly candle, and how large is that historically?
EID closed at 22.45, down 1.14% from the previous Weekly candle (22.71). This drop is larger than 30% of past drops on the Weekly timeframe for EID, across 310 candles since 2019.
How did EID Stock Market Energy change from the previous candle?
Market Energy fell 20.3 percentage points from the previous candle — from -8.3% to -28.6%. This drop is larger than 86% of past drops on the Weekly 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 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 -8.3%, Neutral — when this candle closed, EID Stock moved down to a lower zone: Neutral → Bear Bias.
Where does EID Stock energy sit within the Bear Bias zone?
At -28.6%, EID Stock is 7.67 points from the upper boundary of Bear Bias (-20.88%) and 31.45 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Critical with energy -71.7%; VN30 (VN30 basket) in Bear Bias with energy -49.9%. Against this backdrop, EID Stock (Bear Bias, -28.6%) has higher energy than VNINDEX; sits in the same state zone as 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 8.6%. EID Stock energy is currently below DXY by 37.2 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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