Analysis

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Candle open
Price and energy
EVG Stock from 4.96 to 5, up 0.81%
Market Energy Bear Bias -35.7% to Bear Bias -52.6%, down 16.9 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▲ 4.67%▼ 0.93%▼ 6.94%▲ 0.81%
Energy▲ 8.5▼ 2.2▼ 67.8▼ 16.9
Volatility trend chart · last 4 sessions
▲ 4.67%▼ 0.93%▼ 6.94%▲ 0.81%▲ 8.5▼ 2.2▼ 67.8▼ 16.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.81% — higher than 8% of past rises
0%255075100%
Energy down 16.9 pts — higher than 68% of past drops
RESEARCH

Trend of Bear Bias EVG Stock Weekly

Sample: 481 Weekly candles from 2017-06-12 to 2026-09-28
Number of Bear Bias occurrences: 38 times

▸When EVG Stock is in Bear Bias:

  • then EVG Stock moved to higher Market State: 23 times — 60.5%
  • then EVG Stock moved to lower Market State: 15 times — 39.5%

▸Current EVG Stock market energy: -52.6%

  • Distance to upper bound of Bear Bias (at -20.88%): 31.72%
  • Distance to lower bound of Bear Bias (at -60%): 7.4%

"Why does archaeology matter?" — 2AITRADING

EVG · W1 · 2024-01-15 02:00 UTC
Preview the last 30 candles — price and energy
View live EVG chart →
Market Energy
-35.7%
Bear Bias
-52.6%
Bear Bias
-48.2%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

As the Weekly candle completes, EVG reflects energy leaning Bear.

On the energy side, Compared to the previous candle (-35.7%), Market Energy dropped -16.9% to -52.6%.

Time in Bear Bias energy zone: 2 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 EVG Stock price and energy show when this Weekly candle closed?

When the Weekly candle at 09:00 on 15-01-2024 closed, EVG Stock was at 5, up 0.81% from the previous candle (4.96). Market Energy was -52.6%, down 16.9 points from -35.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

EVG closed at 5, up 0.81% from the previous Weekly candle (4.96). This rise is larger than 8% of past rises on the Weekly timeframe for EVG, across 262 candles since 2019.

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

Market Energy fell 16.9 percentage points from the previous candle — from -35.7% to -52.6%. This drop is larger than 68% of past drops on the Weekly timeframe for EVG.

Do EVG price and energy agree?

No. On this candle price rose but energy fell — the two moved in opposite directions. This describes a closed candle, not a forecast of where price goes next.

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

The previous Weekly candle had EVG Stock at -35.7%, Bear Bias — this candle kept the same state, no zone change.

Where does EVG Stock energy sit within the Bear Bias zone?

At -52.6%, EVG Stock is 31.72 points from the upper boundary of Bear Bias (-20.88%) and 7.4 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Bias with energy -36.8%; VN30 (VN30 basket) in Neutral with energy 5.9%. Against this backdrop, EVG Stock (Bear Bias, -52.6%) lower than VN30; sits in the same state zone as VNINDEX.

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 -18.2%. EVG Stock energy is currently below DXY by 34.4 points.

Real-time Energy Chart

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

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