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| Price | ▼ 0.93% | ▲ 0.94% | 0.00% | ▼ 7.15% |
| Energy | ▲ 1.4 | ▲ 72.7 | ▼ 2.5 | ▼ 54.7 |
Trend of Bear Bias ELC Stock Daily
▸When ELC Stock is in Bear Bias:
- then ELC Stock moved to higher Market State: 152 times — 63.3%
- then ELC Stock moved to lower Market State: 88 times — 36.7%
▸Current ELC Stock market energy: -38.03%
- Distance to upper bound of Bear Bias (at -20.88%): 17.15%
- Distance to lower bound of Bear Bias (at -60%): 21.97%
"History always repeats itself, one way or another" — 2AITRADING
Bear Bias of Market Energy is the result just recorded for ELC Stock after the Daily candle closed.
The ELC market at session end, Market trend energy recorded a -54.7% drop from the previous candle, from 16.7% to -38%.
Time in Bear Bias energy zone: 1 Daily 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, ELC Stock Market Energy ranged from -53.5 to +19.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did ELC Stock price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 10-10-2013 closed, ELC Stock was at 5.97, down 7.15% from the previous candle (6.43). Market Energy was -38%, down 54.7 points from 16.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did ELC price move on this Daily candle, and how large is that historically?
ELC closed at 5.97, down 7.15% from the previous Daily candle (6.43).
How did ELC Stock Market Energy change from the previous candle?
Market Energy fell 54.7 percentage points from the previous candle — from 16.7% to -38%.
Do ELC price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was ELC Stock in on the previous Daily candle?
The previous Daily candle had ELC Stock at 16.7%, Neutral — when this candle closed, ELC Stock moved down to a lower zone: Neutral → Bear Bias.
Where does ELC Stock energy sit within the Bear Bias zone?
At -38%, ELC Stock is 17.15 points from the upper boundary of Bear Bias (-20.88%) and 21.97 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 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 34%. ELC Stock (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for ELC Stock.
Open Energy ChartSee the full 2AiTrading Model data for ELC on the ELC Stock overview →
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