Analysis

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Candle close
Price and energy
COCOA from 2,494 to 2,491.5, down 0.10%
Market Energy Bear Bias -54.6% to Bear Critical -74.3%, down 19.7 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.18%▲ 0.16%▼ 1.11%▼ 0.10%
Energy▼ 6.4▲ 9.1▼ 60.0▼ 19.7
Volatility trend chart · last 4 sessions
▲ 0.18%▲ 0.16%▼ 1.11%▼ 0.10%▼ 6.4▲ 9.1▼ 60.0▼ 19.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.10% — higher than 20% of past drops
0%255075100%
Energy down 19.7 pts — higher than 70% of past drops
RESEARCH

Trend of Bear Critical COCOA 1H

Sample: 19,891 1H candles from 2013-01-03 to 2026-10-08
Number of Bear Critical occurrences: 1,002 times

▸When COCOA is in Bear Critical:

  • then COCOA moved to higher Market State: 661 times — 66%
  • then COCOA moved to lower Market State: 341 times — 34%

▸Current COCOA market energy: -74.25%

  • Distance to upper bound of Bear Critical (at -60%): 14.25%
  • Distance to lower bound of Bear Critical (at -74.5%): 0.25%

"A person's history reveals more than you might think" — 2AITRADING

COCOA · H1 · 2022-05-18 09:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-54.6%
Bear Bias
-74.3%
Bear Critical
-88.0%
Bear Extreme
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Right as the 1H candle closes, COCOA classified as the Bear Critical level.

On trend energy, A -19.7% change from the previous candle, Market Energy is now -74.3% (previous: -54.6%).

Time in Bear Critical 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 -84.9 to +97.4.

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 18-05-2022 closed, COCOA was at 2,491.5, down 0.1% from the previous candle (2,494). Market Energy was -74.3%, down 19.7 points from -54.6%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

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

COCOA closed at 2,491.5, down 0.1% from the previous 1H candle (2,494). This drop is larger than 20% of past drops on the 1H timeframe for COCOA, across 8,334 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy fell 19.7 percentage points from the previous candle — from -54.6% to -74.3%. This drop is larger than 70% of past drops on the 1H timeframe for COCOA.

Do COCOA 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 COCOA in on the previous 1H candle?

The previous 1H candle had COCOA at -54.6%, Bear Bias — when this candle closed, COCOA moved down to a lower zone: Bear Bias → Bear Critical.

Where does COCOA energy sit within the Bear Critical zone?

At -74.3%, COCOA is 14.25 points from the upper boundary of Bear Critical (-60%) and 0.25 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear Critical 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 Critical 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 Bull Bias with energy 21.1%; GER40 (European equities) in Neutral with energy 14.7%. Against this backdrop, COCOA (Bear Critical, -74.3%) lower 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 Bull Critical with Market Energy 68.1%. COCOA (Bear Critical) 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 →

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