Analysis

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Candle open
Price and energy
EME Stock from 30.47 to 23.09, down 24.22%
Market Energy Bull Extreme 96.5% to Bull Extreme 99.6%, up 3.1 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▲ 14.89%▼ 36.31%▲ 3.36%▼ 24.22%
Energy▼ 6.7▲ 7.5▲ 2.1▲ 3.1
Volatility trend chart · last 4 sessions
▲ 14.89%▼ 36.31%▲ 3.36%▼ 24.22%▼ 6.7▲ 7.5▲ 2.1▲ 3.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 24.22% — higher than 60% of past drops
0%255075100%
Energy up 3.1 pts — higher than 62% of past rises
RESEARCH

Trend of Bull Extreme EME Stock Weekly

Sample: 287 Weekly candles from 2017-07-24 to 2026-08-28
Number of Bull Extreme occurrences: 18 times

▸When EME Stock is in Bull Extreme:

  • then EME Stock moved to higher Market State: 0 times — 0%
  • then EME Stock moved to lower Market State: 18 times — 100%

▸Current EME Stock market energy: 99.63%

  • Distance to peak 100%: 0.37%
  • Distance to lower bound of Bull Extreme (at 74.5%): 25.13%

"Let data guide you, but never trust it completely" — 2AITRADING

EME · W1 · 2024-05-22 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
96.5%
Bull Extreme
99.6%
Bull Extreme
74.8%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

Once measurement on the Weekly timeframe completes, EME recorded in the Extreme state of Bull.

On the energy side, Market Energy at 99.6%, up +3.1% from 96.5% in the previous candle.

Time in Bull Extreme energy zone: 9 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 EME Stock price and energy show when this Weekly candle closed?

When the Weekly candle at 09:00 on 22-05-2024 closed, EME Stock was at 23.09, down 24.22% from the previous candle (30.47). Market Energy was 99.6%, up 3.1 points from 96.5%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

EME closed at 23.09, down 24.22% from the previous Weekly candle (30.47). This drop is larger than 60% of past drops on the Weekly timeframe for EME, across 173 candles since 2019.

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

Market Energy rose 3.1 percentage points from the previous candle — from 96.5% to 99.6%. This rise is larger than 62% of past rises on the Weekly timeframe for EME.

Do EME price and energy agree?

No. This candle recorded a price decline with energy moving the other way. This describes a closed candle, not a forecast of where price goes next.

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

The previous Weekly candle had EME Stock at 96.5%, Bull Extreme — this candle kept the same state, no zone change.

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

At 99.6%, EME Stock is 0.37 points from the upper boundary of Bull Extreme (100%) and 25.13 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bull Extreme mean?

Bull Extreme 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 Extreme 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 Neutral with energy -7.9%; VN30 (VN30 basket) in Neutral with energy -19.5%. Against this backdrop, EME Stock (Bull Extreme, 99.6%) has higher energy 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 Neutral with Market Energy 6.2%. EME Stock energy is currently above DXY by 93.5 points.

Real-time Energy Chart

See the real-time energy chart for EME Stock.

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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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