Analysis

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Candle open
Price and energy
ITC Stock from 10.9 to 10.8, down 0.92%
Market Energy Neutral -6.0% to Bear Bias -58.3%, down 52.3 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%▲ 1.38%▼ 0.91%▼ 0.92%
Energy▲ 2.7▲ 53.9▼ 6.3▼ 52.3
Volatility trend chart · last 4 sessions
0.00%▲ 1.38%▼ 0.91%▼ 0.92%▲ 2.7▲ 53.9▼ 6.3▼ 52.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.92% — higher than 25% of past drops
0%255075100%
Energy down 52.3 pts — higher than 90% of past drops
RESEARCH

Trend of Bear Bias ITC Stock Daily

Sample: 3,631 Daily candles from 2012-03-21 to 2026-10-08
Number of Bear Bias occurrences: 245 times

▸When ITC Stock is in Bear Bias:

  • then ITC Stock moved to higher Market State: 158 times — 64.5%
  • then ITC Stock moved to lower Market State: 87 times — 35.5%

▸Current ITC Stock market energy: -58.28%

  • Distance to upper bound of Bear Bias (at -20.88%): 37.4%
  • Distance to lower bound of Bear Bias (at -60%): 1.72%

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

ITC · D1 · 2024-10-21 02:00 UTC
Preview the last 30 candles — price and energy
View live ITC chart →
Market Energy
-6.0%
Neutral
-58.3%
Bear Bias
-45.2%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

As the Daily candle completes, ITC shows the Market Energy zone leaning Bear.

Market energy movement Market Energy dropped -52.3% this candle, currently -58.3% (previous candle -6%).

Time in Bear Bias energy zone: 1 Daily 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

Over the past 5 days, ITC Stock Market Energy ranged from -58.3 to +0.4.

Knowledge

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

Frequently asked questions

What did ITC Stock price and energy show when this Daily candle closed?

When the Daily candle at 09:00 on 21-10-2024 closed, ITC Stock was at 10.8, down 0.92% from the previous candle (10.9). Market Energy was -58.3%, down 52.3 points from -6%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did ITC price move on this Daily candle, and how large is that historically?

ITC closed at 10.8, down 0.92% from the previous Daily candle (10.9). This drop is larger than 25% of past drops on the Daily timeframe for ITC, across 1,450 candles since 2019.

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

Market Energy fell 52.3 percentage points from the previous candle — from -6% to -58.3%. This drop is larger than 90% of past drops on the Daily timeframe for ITC.

Do ITC price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.

What state was ITC Stock in on the previous Daily candle?

The previous Daily candle had ITC Stock at -6%, Neutral — when this candle closed, ITC Stock moved down to a lower zone: Neutral → Bear Bias.

Where does ITC Stock energy sit within the Bear Bias zone?

At -58.3%, ITC Stock is 37.4 points from the upper boundary of Bear Bias (-20.88%) and 1.72 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.

What does Bear Bias mean?

Bear 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 Bear Bias 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 Bias with energy 47.1%; VN30 (VN30 basket) in Bull Bias with energy 58.5%. Against this backdrop, ITC Stock (Bear Bias, -58.3%) 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 Bias with Market Energy -21%. ITC Stock (Bear Bias) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for ITC 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 ITC on the ITC Stock overview →

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