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ICN Stock is currently controlled by buyers, in the Bull Bias zone. Measured energy: +38.8%.
See the full 2AiTrading Model data for ICN on the ICN Stock overview →
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UP–DOWN statistics for Bull Bias ICN Stock Weekly
▸When ICN Stock is in Bull Bias:
- then ICN Stock moved to higher Market State: 20 times — 48.8%
- then ICN Stock moved to lower Market State: 21 times — 51.2%
▸Current ICN Stock market energy: 38.84%
- Distance to upper bound of Bull Bias (at 60%): 21.16%
- Distance to lower bound of Bull Bias (at 20.88%): 17.96%
"Let data guide you, but never trust it completely" — 2AITRADING
As the Weekly candle completes, ICN Stock within trend energy leaning Bull.
On the energy side, Market Energy reading dropped -1.7%, moving from 40.6% to 38.8% after the Weekly candle.
Time in Bull Bias energy zone: 13 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was ICN Stock on Weekly when this candle closed?
When the Weekly candle at 07:00 on 21-08-2017 closed, ICN Stock was in Bull Bias with Market Energy 38.8%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did ICN Stock Market Energy change from the previous candle?
Market Energy fell 1.7 percentage points from the previous candle — from 40.6% to 38.8%.
What state was ICN Stock in on the previous Weekly candle?
The previous Weekly candle had ICN Stock at 40.6%, Bull Bias — this candle kept the same state, no zone change.
Where does ICN Stock energy sit within the Bull Bias zone?
At 38.8%, ICN Stock is 21.16 points from the upper boundary of Bull Bias (60%) and 17.96 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 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 -17.3%. ICN Stock energy is currently above DXY by 56.1 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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