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| Price | ▼ 0.68% | ▲ 0.90% | ▼ 0.21% | ▼ 0.68% |
| Energy | ▼ 3.0 | ▲ 7.0 | ▲ 6.5 | ▲ 2.4 |
Trend of Bear Extreme ICN Stock Weekly
▸When ICN Stock is in Bear Extreme:
- then ICN Stock moved to higher Market State: 14 times — 100%
- then ICN Stock moved to lower Market State: 0 times — 0%
▸Current ICN Stock market energy: -83.08%
- Distance to upper bound of Bear Extreme (at -74.5%): 8.58%
- Distance to bottom -100%: 16.92%
"History always repeats itself, one way or another" — 2AITRADING
Right as the Weekly candle closes, ICN currently in the Bear Extreme level.
Market trend energy Compared to the previous candle (-85.4%), Market Energy rose +2.4% to -83.1%.
Time in Bear Extreme energy zone: 5 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 09:00 on 05-02-2024 closed, ICN Stock was at 23.44, down 0.68% from the previous candle (23.6). Market Energy was -83.1%, up 2.4 points from -85.4%, 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 Weekly candle, and how large is that historically?
ICN closed at 23.44, down 0.68% from the previous Weekly candle (23.6). This drop is larger than 11% of past drops on the Weekly timeframe for ICN, across 261 candles since 2019.
How did ICN Stock Market Energy change from the previous candle?
Market Energy rose 2.4 percentage points from the previous candle — from -85.4% to -83.1%. This rise is larger than 13% of past rises on the Weekly timeframe for ICN.
Do ICN price and energy agree?
No. On this candle price fell but energy rose — the two moved in opposite directions. This describes a closed candle, not a forecast of where price goes next.
What state was ICN Stock in on the previous Weekly candle?
The previous Weekly candle had ICN Stock at -85.4%, Bear Extreme — this candle kept the same state, no zone change.
Where does ICN Stock energy sit within the Bear Extreme zone?
At -83.1%, ICN Stock is 8.58 points from the upper boundary of Bear Extreme (-74.5%) and 16.92 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 Neutral with energy 13.2%; VN30 (VN30 basket) in Neutral with energy 11.1%. Against this backdrop, ICN Stock (Bear Extreme, -83.1%) 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 Bull Critical with Market Energy 69.1%. ICN Stock (Bear Extreme) and DXY currently sit on opposite sides.
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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