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ELC Stock is currently leaning slightly toward sellers, energy -9.4%. This still sits in the Neutral zone — the probability of a clear trend is not yet defined.
See the full 2AiTrading Model data for ELC on the ELC Stock overview →
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UP–DOWN statistics for Neutral ELC Stock Weekly
▸When ELC Stock is in Neutral:
- then ELC Stock moved to higher Market State: 38 times — 58.5%
- then ELC Stock moved to lower Market State: 27 times — 41.5%
▸Current ELC Stock market energy: -9.44%
- Distance to upper bound of Neutral (at 20.88%): 30.32%
- Distance to lower bound of Neutral (at -20.88%): 11.44%
"To truly understand anything, study its history" — 2AITRADING
After the Weekly candle closes, Result for ELC Stock: the balanced Bull/Bear state.
Per the 2AiTrading energy measurement system, Market Energy reading rose +71.8%, moving from -81.2% to -9.4% after the Weekly candle.
Time in Neutral 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 state was ELC Stock on Weekly when this candle closed?
When the Weekly candle at 09:00 on 21-11-2022 closed, ELC Stock was in Neutral with Market Energy -9.4%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did ELC Stock Market Energy change from the previous candle?
Market Energy rose 71.8 percentage points from the previous candle — from -81.2% to -9.4%.
What state was ELC Stock in on the previous Weekly candle?
The previous Weekly candle had ELC Stock at -81.2%, Bear Extreme — when this candle closed, ELC Stock moved up to a higher zone: Bear Extreme → Neutral.
Where does ELC Stock energy sit within the Neutral zone?
At -9.4%, ELC Stock is 30.32 points from the upper boundary of Neutral (20.88%) and 11.44 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 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 Bias with energy 55%; VN30 (VN30 basket) in Bull Bias with energy 46%. Against this backdrop, ELC Stock (Neutral, -9.4%) 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 Extreme with Market Energy 91.9%. ELC Stock energy is currently below DXY by 101.3 points.
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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