Analysis

·

Candle close
Price and energy
COCOA from 2,421.5 to 2,421.5, flat 0.00%
Market Energy Bull Critical 61.0% to Bull Bias 53.0%, down 8.0 pts
Price and energy change · last 4 candles
Price▼ 0.19%▲ 0.08%▲ 0.21%0.00%
Energy▼ 8.3▼ 3.8▲ 5.6▼ 8.0
Volatility trend chart · last 4 sessions
▼ 0.19%▲ 0.08%▲ 0.21%0.00%▼ 8.3▼ 3.8▲ 5.6▼ 8.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price flat 0.00%: not enough data to rank
0%255075100%
Energy down 8.0 pts — higher than 44% of past drops
RESEARCH

Trend of Bull Bias COCOA 1H

Sample: 19,882 1H candles from 2013-01-03 to 2026-10-08
Number of Bull Bias occurrences: 1,643 times

▸When COCOA is in Bull Bias:

  • then COCOA moved to higher Market State: 736 times — 44.8%
  • then COCOA moved to lower Market State: 907 times — 55.2%

▸Current COCOA market energy: 53.02%

  • Distance to upper bound of Bull Bias (at 60%): 6.98%
  • Distance to lower bound of Bull Bias (at 20.88%): 32.14%

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

COCOA · H1 · 2021-04-23 09:00 UTC
Preview the last 30 candles — price and energy
View live COCOA chart →
Market Energy
61.0%
Bull Critical
53.0%
Bull Bias
62.0%
Bull Critical
Zone
20.88 – 60
Bias
Buyers in control
Explanation

COCOA processing result: the energy state tilted toward Bull after the 1H candle closed.

Market energy measurement Market Energy moved from 61% to 53%, down -8% from the previous candle.

Time in Bull 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, COCOA Market Energy ranged from -99.2 to +98.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 16:00 on 23-04-2021 closed, COCOA was at 2,421.5, unchanged 0% from the previous candle (2,421.5). Market Energy was 53%, down 8.0 points from 61%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

COCOA closed at 2,421.5, unchanged 0% from the previous 1H candle (2,421.5).

How did COCOA Market Energy change from the previous candle?

Market Energy fell 8 percentage points from the previous candle — from 61% to 53%. This drop is larger than 44% of past drops on the 1H timeframe for COCOA.

Do COCOA price and energy agree?

No. Price was unchanged while energy did change on this candle. This describes the candle that just closed; it does not say where price goes next.

What state was COCOA in on the previous 1H candle?

The previous 1H candle had COCOA at 61%, Bull Critical — when this candle closed, COCOA moved down to a lower zone: Bull Critical → Bull Bias.

Where does COCOA energy sit within the Bull Bias zone?

At 53%, COCOA is 6.98 points from the upper boundary of Bull Bias (60%) and 32.14 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull Bias definition →

How are the broader market indices trending?

Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Neutral with energy 3.1%; GER40 (European equities) in Neutral with energy 18.2%. Against this backdrop, COCOA (Bull Bias, 53%) has higher energy than SPX500, GER40.

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 -97.2%. COCOA (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for COCOA.

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 COCOA on the COCOA overview →

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