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| Price | ▲ 1.36% | ▼ 0.45% | ▼ 0.20% | ▼ 0.69% |
| Energy | ▲ 12.4 | ▼ 18.2 | ▲ 5.8 | ▲ 6.7 |
Trend of Bear Extreme ICN Stock Daily
▸When ICN Stock is in Bear Extreme:
- then ICN Stock moved to higher Market State: 120 times — 100%
- then ICN Stock moved to lower Market State: 0 times — 0%
▸Current ICN Stock market energy: -84.5%
- Distance to upper bound of Bear Extreme (at -74.5%): 10%
- Distance to bottom -100%: 15.5%
"Let data guide you, but never trust it completely" — 2AITRADING
After the system processes the Daily candle, ICN recorded in the Bear Extreme reading.
Looking at the energy level, Market Energy rose +6.7% this candle, currently -84.5% (previous candle -91.3%).
Time in Bear Extreme energy zone: 6 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 -97.1 to -78.9.
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 20-12-2023 closed, ICN Stock was at 24.34, down 0.69% from the previous candle (24.51). Market Energy was -84.5%, up 6.7 points from -91.3%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did ICN price move on this Daily candle, and how large is that historically?
ICN closed at 24.34, down 0.69% from the previous Daily candle (24.51). This drop is larger than 24% of past drops on the Daily timeframe for ICN, across 1,101 candles since 2019.
How did ICN Stock Market Energy change from the previous candle?
Market Energy rose 6.7 percentage points from the previous candle — from -91.3% to -84.5%. This rise is larger than 44% of past rises on the Daily timeframe for ICN.
Do ICN 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 ICN Stock in on the previous Daily candle?
The previous Daily candle had ICN Stock at -91.3%, Bear Extreme — this candle kept the same state, no zone change.
Where does ICN Stock energy sit within the Bear Extreme zone?
At -84.5%, ICN Stock is 10 points from the upper boundary of Bear Extreme (-74.5%) and 15.5 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.
What does Bear Extreme mean?
Bear 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 Bear 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 Bull Bias with energy 56.3%; VN30 (VN30 basket) in Bull Critical with energy 60.3%. Against this backdrop, ICN Stock (Bear Extreme, -84.5%) 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 Critical with Market Energy -65%. ICN Stock (Bear Extreme) 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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