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| Price | ▲ 1.74% | 0.00% | ▲ 1.95% | ▼ 1.68% |
| Energy | ▲ 38.4 | ▲ 14.4 | ▲ 45.9 | ▼ 19.0 |
Trend of Neutral ICN Stock Daily
▸When ICN Stock is in Neutral:
- then ICN Stock moved to higher Market State: 80 times — 60.2%
- then ICN Stock moved to lower Market State: 53 times — 39.8%
▸Current ICN Stock market energy: -3.89%
- Distance to upper bound of Neutral (at 20.88%): 24.77%
- Distance to lower bound of Neutral (at -20.88%): 16.99%
"History always repeats itself, one way or another" — 2AITRADING
After the Daily session ends, Result for ICN Stock: the balanced Market Energy state.
Looking at the Market Energy reading, Market Energy moved from 15.1% to -3.9%, down -19% from the previous candle.
Time in Neutral energy zone: 2 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, ICN Stock Market Energy ranged from -45.2 to +15.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did ICN Stock price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 22-10-2020 closed, ICN Stock was at 8.21, down 1.68% from the previous candle (8.35). Market Energy was -3.9%, down 19.0 points from 15.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did ICN price move on this Daily candle, and how large is that historically?
ICN closed at 8.21, down 1.68% from the previous Daily candle (8.35). This drop is larger than 18% of past drops on the Daily timeframe for ICN, across 452 candles since 2019.
How did ICN Stock Market Energy change from the previous candle?
Market Energy fell 19 percentage points from the previous candle — from 15.1% to -3.9%. This drop is larger than 78% of past drops on the Daily timeframe for ICN.
Do ICN 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 ICN Stock in on the previous Daily candle?
The previous Daily candle had ICN Stock at 15.1%, Neutral — this candle kept the same state, no zone change.
Where does ICN Stock energy sit within the Neutral zone?
At -3.9%, ICN Stock is 24.77 points from the upper boundary of Neutral (20.88%) and 16.99 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 Bear Extreme with energy -80.1%; VN30 (VN30 basket) in Bear Bias with energy -42.9%. Against this backdrop, ICN Stock (Neutral, -3.9%) 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 Bear Bias with Market Energy -22.4%. ICN Stock energy is currently above DXY by 18.5 points.
See the real-time energy chart for ICN Stock.
Open Energy ChartSee the full 2AiTrading Model data for ICN on the ICN Stock overview →
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