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| Price | ▼ 18.58% | ▲ 11.23% | ▼ 1.60% | ▼ 15.47% |
| Energy | ▼ 1.8 | ▲ 10.9 | ▲ 111.7 | ▼ 32.7 |
Trend of Neutral ICN Stock Weekly
▸When ICN Stock is in Neutral:
- then ICN Stock moved to higher Market State: 24 times — 70.6%
- then ICN Stock moved to lower Market State: 10 times — 29.4%
▸Current ICN Stock market energy: 5.46%
- Distance to upper bound of Neutral (at 20.88%): 15.42%
- Distance to lower bound of Neutral (at -20.88%): 26.34%
"A person's history reveals more than you might think" — 2AITRADING
As the Weekly session concludes, ICN Stock within the zone between Bull and Bear energy.
Per the 2AiTrading energy measurement system, Market Energy reading dropped -32.7%, moving from 38.2% to 5.5% after the Weekly candle.
Time in Neutral energy zone: 1 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 did ICN Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 24-02-2020 closed, ICN Stock was at 5.19, down 15.47% from the previous candle (6.14). Market Energy was 5.5%, down 32.7 points from 38.2%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did ICN price move on this Weekly candle, and how large is that historically?
ICN closed at 5.19, down 15.47% from the previous Weekly candle (6.14).
How did ICN Stock Market Energy change from the previous candle?
Market Energy fell 32.7 percentage points from the previous candle — from 38.2% to 5.5%. This drop is larger than 74% of past drops on the Weekly 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 Weekly candle?
The previous Weekly candle had ICN Stock at 38.2%, Bull Bias — when this candle closed, ICN Stock moved down to a lower zone: Bull Bias → Neutral.
Where does ICN Stock energy sit within the Neutral zone?
At 5.5%, ICN Stock is 15.42 points from the upper boundary of Neutral (20.88%) and 26.34 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Bear Bias with Market Energy -47.3%. ICN Stock energy is currently above DXY by 52.8 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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