Analysis

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Candle close
Price and energy
ADP Stock from 19.85 to 19.78, down 0.35%
Market Energy Bear Bias -22.4% to Bear Bias -48.8%, down 26.3 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.35%0.51%0.86%0.35%
Energy0.43.771.726.3
Volatility trend chart · last 4 sessions
0.35% 0.51% 0.86% 0.35% 0.4 3.7 71.7 26.3
priceenergy up · down
Volatility · vs history since 2019
Price down 0.35% — higher than 12% of past drops
0%255075100%
Energy down 26.3 pts — higher than 77% of past drops
RESEARCH

Trend of Bear Bias ADP Stock 1H

Sample: 2,323 1H candles from 2023-07-31 to 2026-09-22
Number of Bear Bias occurrences: 127 times

When ADP Stock is in Bear Bias:

  • then ADP Stock moved to higher Market State: 70 times55.1%
  • then ADP Stock moved to lower Market State: 57 times44.9%

Current ADP Stock market energy: -48.77%

  • Distance to upper bound of Bear Bias (at -20.88%): 27.89%
  • Distance to lower bound of Bear Bias (at -60%): 11.23%

"Does history really repeat itself?" — 2AITRADING

ADP · H1 · 2024-05-23 06:00 UTC
Preview the last 30 candles — price and energy
View live ADP chart →
Market Energy
-22.4%
Bear Bias
-48.8%
Bear Bias
99.8%
Bull Extreme
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Reading from the 1H candle, Result for ADP: the Bear Bias zone.

On the measurement side, Energy delta -26.3%: Market Energy at -48.8%, previously -22.4%.

Time in Bear Bias energy zone: 2 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, ADP Stock Market Energy ranged from -97.8 to +92.2.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 13:00 on 23-05-2024 closed, ADP Stock was at 19.78, down 0.35% from the previous candle (19.85). Market Energy was -48.8%, down 26.3 points from -22.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

ADP closed at 19.78, down 0.35% from the previous 1H candle (19.85). This drop is larger than 12% of past drops on the 1H timeframe for ADP, across 315 candles since 2019.

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

Market Energy fell 26.3 percentage points from the previous candle — from -22.4% to -48.8%. This drop is larger than 77% of past drops on the 1H timeframe for ADP.

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

The previous 1H candle had ADP Stock at -22.4%, Bear Bias — this candle kept the same state, no zone change.

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

At -48.8%, ADP Stock is 27.89 points from the upper boundary of Bear Bias (-20.88%) and 11.23 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 Neutral with energy 6.6%; VN30 (VN30 basket) in Bear Bias with energy -37.7%. Against this backdrop, ADP Stock (Bear Bias, -48.8%) lower 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 Bias with Market Energy 48.5%. ADP Stock (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

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

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