·
| Price | ▲ 0.95% | ▼ 0.51% | ▼ 0.43% | ▲ 0.95% |
| Energy | ▲ 22.2 | ▼ 5.2 | ▼ 16.8 | ▲ 23.5 |
Trend of Bull Bias ICN Stock Daily
▸When ICN Stock is in Bull Bias:
- then ICN Stock moved to higher Market State: 75 times — 46.9%
- then ICN Stock moved to lower Market State: 85 times — 53.1%
▸Current ICN Stock market energy: 39.1%
- Distance to upper bound of Bull Bias (at 60%): 20.9%
- Distance to lower bound of Bull Bias (at 20.88%): 18.22%
"To truly understand anything, study its history" — 2AITRADING
Once measurement on the Daily timeframe completes, ICN currently in the Bull Bias zone.
Observing the ICN market this session, The energy level rose +23.5%: from 15.6% now at 39.1%.
Time in Bull 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 +15.4 to +39.1.
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 09:00 on 31-05-2024 closed, ICN Stock was at 23.32, up 0.95% from the previous candle (23.1). Market Energy was 39.1%, up 23.5 points from 15.6%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did ICN price move on this Daily candle, and how large is that historically?
ICN closed at 23.32, up 0.95% from the previous Daily candle (23.1). This rise is larger than 35% of past rises on the Daily timeframe for ICN, across 1,207 candles since 2019.
How did ICN Stock Market Energy change from the previous candle?
Market Energy rose 23.5 percentage points from the previous candle — from 15.6% to 39.1%. This rise is larger than 72% of past rises on the Daily timeframe for ICN.
Do ICN price and energy agree?
Yes. Both price and energy moved up 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 15.6%, Neutral — when this candle closed, ICN Stock moved up to a higher zone: Neutral → Bull Bias.
Where does ICN Stock energy sit within the Bull Bias zone?
At 39.1%, ICN Stock is 20.9 points from the upper boundary of Bull Bias (60%) and 18.22 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 Neutral with energy -5.8%; VN30 (VN30 basket) in Neutral with energy 14.7%. Against this backdrop, ICN Stock (Bull Bias, 39.1%) 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 Neutral with Market Energy 12.5%. ICN Stock energy is currently above DXY by 26.6 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 →
To jump to a symbol you're interested in, click .