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| Price | ▼ 1.07% | ▲ 0.46% | ▲ 0.91% | ▼ 3.31% |
| Energy | ▲ 20.8 | ▲ 2.4 | ▲ 8.3 | ▼ 89.7 |
Trend of Bear Bias ICN Stock Daily
▸When ICN Stock is in Bear Bias:
- then ICN Stock moved to higher Market State: 67 times — 51.9%
- then ICN Stock moved to lower Market State: 62 times — 48.1%
▸Current ICN Stock market energy: -55.33%
- Distance to upper bound of Bear Bias (at -20.88%): 34.45%
- Distance to lower bound of Bear Bias (at -60%): 4.67%
"Let data guide you, but never trust it completely" — 2AITRADING
After the Daily candle closes, ICN Stock within the energy zone leaning Bear.
Looking at the energy level, Market Energy dropped -89.7% from the previous session, from 34.4% to -55.3%.
Time in Bear Bias energy zone: 1 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 -55.3 to +34.4.
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 09:00 on 14-11-2022 closed, ICN Stock was at 23.64, down 3.31% from the previous candle (24.45). Market Energy was -55.3%, down 89.7 points from 34.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did ICN price move on this Daily candle, and how large is that historically?
ICN closed at 23.64, down 3.31% from the previous Daily candle (24.45). This drop is larger than 44% of past drops on the Daily timeframe for ICN, across 834 candles since 2019.
How did ICN Stock Market Energy change from the previous candle?
Market Energy fell 89.7 percentage points from the previous candle — from 34.4% to -55.3%. This drop is larger than 90% of past drops on the Daily timeframe for ICN.
Do ICN price and energy agree?
Yes. Both price and energy moved down on this candle. 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 34.4%, Bull Bias — when this candle closed, ICN Stock moved down to a lower zone: Bull Bias → Bear Bias.
Where does ICN Stock energy sit within the Bear Bias zone?
At -55.3%, ICN Stock is 34.45 points from the upper boundary of Bear Bias (-20.88%) and 4.67 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 -45.2%; VN30 (VN30 basket) in Neutral with energy 2.1%. Against this backdrop, ICN Stock (Bear Bias, -55.3%) 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 Bear Bias with Market Energy -25.1%. ICN Stock (Bear Bias) and DXY currently sit on the same Bear side.
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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