Analysis

·

Candle open
Price and energy
EME Stock from 31.67 to 36.38, up 14.87%
Market Energy Bull Bias 45.8% to Bull Bias 40.6%, down 5.2 pts
Up candle #4 in a row—Energy diverges from price
Price and energy change · last 4 candles
Price▲ 17.42%▲ 14.79%▲ 14.95%▲ 14.87%
Energy▼ 0.2▲ 63.0▼ 18.3▼ 5.2
Volatility trend chart · last 4 sessions
▲ 17.42%▲ 14.79%▲ 14.95%▲ 14.87%▼ 0.2▲ 63.0▼ 18.3▼ 5.2
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 14.87% — higher than 68% of past rises
0%255075100%
Energy down 5.2 pts — higher than 84% of past drops
RESEARCH

Trend of Bull Bias EME Stock Daily

Sample: 1,118 Daily candles from 2017-07-18 to 2026-09-28
Number of Bull Bias occurrences: 31 times

▸When EME Stock is in Bull Bias:

  • then EME Stock moved to higher Market State: 13 times — 41.9%
  • then EME Stock moved to lower Market State: 18 times — 58.1%

▸Current EME Stock market energy: 40.6%

  • Distance to upper bound of Bull Bias (at 60%): 19.4%
  • Distance to lower bound of Bull Bias (at 20.88%): 19.72%

"To truly understand anything, study its history" — 2AITRADING

EME · D1 · 2023-07-05 02:00 UTC
Preview the last 30 candles — price and energy
View live EME chart →
Market Energy
45.8%
Bull Bias
40.6%
Bull Bias
42.9%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Right as the Daily candle closes, EME Stock currently in the Bull Bias energy state.

Looking at the Market Energy reading, Market Energy moved from 45.8% to 40.6%, down -5.2% from the previous candle.

Time in Bull Bias energy zone: 2 Daily 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

Over the past 5 days, EME Stock Market Energy ranged from +1.1 to +64.1.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did EME Stock price and energy show when this Daily candle closed?

When the Daily candle at 09:00 on 05-07-2023 closed, EME Stock was at 36.38, up 14.87% from the previous candle (31.67). Market Energy was 40.6%, down 5.2 points from 45.8%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did EME price move on this Daily candle, and how large is that historically?

EME closed at 36.38, up 14.87% from the previous Daily candle (31.67). This rise is larger than 68% of past rises on the Daily timeframe for EME, across 690 candles since 2019.

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

Market Energy fell 5.2 percentage points from the previous candle — from 45.8% to 40.6%. This drop is larger than 84% of past drops on the Daily timeframe for EME.

Do EME price and energy agree?

No. This candle recorded a price rise with energy moving the other way. This describes the candle that just closed; it does not say where price goes next.

What state was EME Stock in on the previous Daily candle?

The previous Daily candle had EME Stock at 45.8%, Bull Bias — this candle kept the same state, no zone change.

Where does EME Stock energy sit within the Bull Bias zone?

At 40.6%, EME Stock is 19.4 points from the upper boundary of Bull Bias (60%) and 19.72 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 92.8%; VN30 (VN30 basket) in Bull Extreme with energy 86%. Against this backdrop, EME Stock (Bull Bias, 40.6%) 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 Critical with Market Energy 61.2%. EME Stock (Bull Bias) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for EME 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 EME on the EME Stock overview →

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