·
| Price | 0.00% | ▼ 1.83% | ▲ 0.42% | ▼ 0.23% |
| Energy | ▼ 1.2 | ▼ 14.8 | ▲ 4.5 | ▼ 2.0 |
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: -48.53%
- Distance to upper bound of Bear Bias (at -20.88%): 27.65%
- Distance to lower bound of Bear Bias (at -60%): 11.47%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
The energy state leaning Bear determined for ICN through the Daily candle data.
Looking at the energy level, Market Energy dropped -2% this candle, currently -48.5% (previous candle -46.6%).
Time in Bear Bias energy zone: 7 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 -51.1 to -36.3.
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 12-10-2023 closed, ICN Stock was at 26.3, down 0.23% from the previous candle (26.36). Market Energy was -48.5%, down 2.0 points from -46.6%, 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 26.3, down 0.23% from the previous Daily candle (26.36). This drop is larger than 7% of past drops on the Daily timeframe for ICN, across 1,052 candles since 2019.
How did ICN Stock Market Energy change from the previous candle?
Market Energy fell 2 percentage points from the previous candle — from -46.6% to -48.5%. This drop is larger than 31% 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 -46.6%, Bear Bias — this candle kept the same state, no zone change.
Where does ICN Stock energy sit within the Bear Bias zone?
At -48.5%, ICN Stock is 27.65 points from the upper boundary of Bear Bias (-20.88%) and 11.47 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 Bull Extreme with energy 87.9%; VN30 (VN30 basket) in Bull Extreme with energy 92.6%. Against this backdrop, ICN Stock (Bear Bias, -48.5%) 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 Bear Bias with Market Energy -30%. 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 →
To jump to a symbol you're interested in, click .