Analysis

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Candle open
Price and energy
ICN Stock from 23.38 to 23.44, up 0.26%
Market Energy Neutral 18.9% to Neutral 20.2%, up 1.4 pts
Up candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.22%▲ 0.73%▲ 0.26%▲ 0.26%
Energy▲ 20.0▲ 13.1▲ 22.2▲ 1.4
Volatility trend chart · last 4 sessions
▲ 0.22%▲ 0.73%▲ 0.26%▲ 0.26%▲ 20.0▲ 13.1▲ 22.2▲ 1.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.26% — higher than 5% of past rises
0%255075100%
Energy up 1.4 pts — higher than 10% of past rises
RESEARCH

Trend of Neutral ICN Stock Weekly

Sample: 580 Weekly candles from 2015-06-15 to 2026-09-28
Number of Neutral occurrences: 34 times

▸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: 20.22%

  • Distance to upper bound of Neutral (at 20.88%): 0.66%
  • Distance to lower bound of Neutral (at -20.88%): 41.1%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

ICN · W1 · 2024-06-10 02:00 UTC
Preview the last 30 candles — price and energy
View live ICN chart →
Market Energy
18.9%
Neutral
20.2%
Neutral
19.2%
Neutral
Zone
-20.88 – 20.88
Bias
Buyers in control
Explanation

ICN recorded in the Neutral level as the Weekly candle ended.

Market trend on the 2AiTrading energy system Market Energy rose +1.4% this candle, currently 20.2% (previous candle 18.9%).

Time in Neutral energy zone: 4 Weekly Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Not enough data in the past 5 days to show a range.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did ICN Stock price and energy show when this Weekly candle closed?

When the Weekly candle at 09:00 on 10-06-2024 closed, ICN Stock was at 23.44, up 0.26% from the previous candle (23.38). Market Energy was 20.2%, up 1.4 points from 18.9%, 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 23.44, up 0.26% from the previous Weekly candle (23.38). This rise is larger than 5% of past rises on the Weekly timeframe for ICN, across 279 candles since 2019.

How did ICN Stock Market Energy change from the previous candle?

Market Energy rose 1.4 percentage points from the previous candle — from 18.9% to 20.2%. This rise is larger than 10% of past rises on the Weekly timeframe for ICN.

Do ICN price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. 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 18.9%, Neutral — this candle kept the same state, no zone change.

Where does ICN Stock energy sit within the Neutral zone?

At 20.2%, ICN Stock is 0.66 points from the upper boundary of Neutral (20.88%) and 41.1 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 are the broader market indices trending?

Based on each index's latest completed H1 candle as of this candle close: VNINDEX (Vietnam equities) in Bear Bias with energy -39.6%; VN30 (VN30 basket) in Neutral with energy -0.2%. Against this backdrop, ICN Stock (Neutral, 20.2%) has higher energy than VNINDEX; sits in the same state zone as 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 Extreme with Market Energy 92.1%. ICN Stock energy is currently below DXY by 71.9 points.

Real-time Energy Chart

See the real-time energy chart for ICN Stock.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for ICN on the ICN Stock overview →

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