Analysis

·

Candle close
Price and energy
SID Stock from 13.28 to 12.39, down 6.70%
Market Energy Bull Extreme 97.8% to Bear Bias -46.6%, down 144.5 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 4.41%▲ 2.27%▲ 1.53%▼ 6.70%
Energy▼ 158.9▲ 123.0▲ 33.7▼ 144.5
Volatility trend chart · last 4 sessions
▼ 4.41%▲ 2.27%▲ 1.53%▼ 6.70%▼ 158.9▲ 123.0▲ 33.7▼ 144.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 6.70% — higher than 86% of past drops
0%255075100%
Energy down 144.5 pts — higher than 90% of past drops
RESEARCH

Trend of Bear Bias SID Stock 1H

Sample: 1,380 1H candles from 2023-07-31 to 2026-09-25
Number of Bear Bias occurrences: 92 times

▸When SID Stock is in Bear Bias:

  • then SID Stock moved to higher Market State: 48 times — 52.2%
  • then SID Stock moved to lower Market State: 44 times — 47.8%

▸Current SID Stock market energy: -46.64%

  • Distance to upper bound of Bear Bias (at -20.88%): 25.76%
  • Distance to lower bound of Bear Bias (at -60%): 13.36%

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

SID · H1 · 2024-08-27 02:00 UTC
Preview the last 30 candles — price and energy
View live SID chart →
Market Energy
97.8%
Bull Extreme
-46.6%
Bear Bias
-59.9%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

As the 1H candle completes, SID shows the Bear Bias state.

The SID market at session end, Market Energy at -46.6%, down -144.5% from 97.8% in the previous candle.

Time in Bear Bias energy zone: 1 1H 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, SID Stock Market Energy ranged from -58.9 to +100.

Knowledge

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

Frequently asked questions

What did SID Stock price and energy show when this 1H candle closed?

When the 1H candle at 09:00 on 27-08-2024 closed, SID Stock was at 12.39, down 6.7% from the previous candle (13.28). Market Energy was -46.6%, down 144.5 points from 97.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did SID price move on this 1H candle, and how large is that historically?

SID closed at 12.39, down 6.7% from the previous 1H candle (13.28). This drop is larger than 86% of past drops on the 1H timeframe for SID, across 529 candles since 2019.

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

Market Energy fell 144.5 percentage points from the previous candle — from 97.8% to -46.6%. This drop is larger than 90% of past drops on the 1H timeframe for SID.

Do SID 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 SID Stock in on the previous 1H candle?

The previous 1H candle had SID Stock at 97.8%, Bull Extreme — when this candle closed, SID Stock moved down to a lower zone: Bull Extreme → Bear Bias.

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

At -46.6%, SID Stock is 25.76 points from the upper boundary of Bear Bias (-20.88%) and 13.36 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 Bear Bias with energy -38.4%; VN30 (VN30 basket) in Neutral with energy -6.5%. Against this backdrop, SID Stock (Bear Bias, -46.6%) lower than VN30; sits in the same state zone as VNINDEX.

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 Neutral with Market Energy -4.7%. SID Stock energy is currently below DXY by 42 points.

Real-time Energy Chart

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

To jump to a symbol you're interested in, click .