Analysis

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Candle open
Price and energy
ICN Stock from 23.99 to 23.94, down 0.21%
Market Energy Neutral 8.1% to Neutral -3.8%, down 11.9 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 1.12%0.00%▲ 0.88%▼ 0.21%
Energy▼ 9.4▼ 0.6▼ 6.4▼ 11.9
Volatility trend chart · last 4 sessions
▼ 1.12%0.00%▲ 0.88%▼ 0.21%▼ 9.4▼ 0.6▼ 6.4▼ 11.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.21% — higher than 1% of past drops
0%255075100%
Energy down 11.9 pts — higher than 65% of past drops
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: -3.84%

  • Distance to upper bound of Neutral (at 20.88%): 24.72%
  • Distance to lower bound of Neutral (at -20.88%): 17.04%

"Let data guide you, but never trust it completely" — 2AITRADING

ICN · W1 · 2024-08-05 02:00 UTC
Preview the last 30 candles — price and energy
View live ICN chart →
Market Energy
8.1%
Neutral
-3.8%
Neutral
-5.3%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

After the Weekly candle closes, ICN classified as neutral trend energy.

Market energy measurement Compared to the previous candle (8.1%), Market Energy dropped -11.9% to -3.8%.

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 05-08-2024 closed, ICN Stock was at 23.94, down 0.21% from the previous candle (23.99). Market Energy was -3.8%, down 11.9 points from 8.1%, 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 23.94, down 0.21% from the previous Weekly candle (23.99). This drop is larger than 1% of past drops on the Weekly timeframe for ICN, across 287 candles since 2019.

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

Market Energy fell 11.9 percentage points from the previous candle — from 8.1% to -3.8%. This drop is larger than 65% of past drops on the Weekly timeframe for ICN.

Do ICN price and energy agree?

Yes. This candle recorded price moving down 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 8.1%, Neutral — this candle kept the same state, no zone change.

Where does ICN Stock energy sit within the Neutral zone?

At -3.8%, ICN Stock is 24.72 points from the upper boundary of Neutral (20.88%) and 17.04 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Bull Extreme with energy 94.6%; VN30 (VN30 basket) in Bull Extreme with energy 88.2%. Against this backdrop, ICN Stock (Neutral, -3.8%) 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 Bear Extreme with Market Energy -80.9%. ICN Stock energy is currently above DXY by 77.1 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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