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| Price | ▲ 0.42% | ▼ 0.14% | ▼ 0.28% | ▲ 0.19% |
| Energy | ▲ 101.4 | ▼ 14.7 | ▼ 43.0 | ▼ 0.3 |
Trend of Neutral COCOA 1H
▸When COCOA is in Neutral:
- then COCOA moved to higher Market State: 798 times — 51.6%
- then COCOA moved to lower Market State: 748 times — 48.4%
▸Current COCOA market energy: 20.8%
- Distance to upper bound of Neutral (at 20.88%): 0.08%
- Distance to lower bound of Neutral (at -20.88%): 41.68%
"To truly understand anything, study its history" — 2AITRADING
From the just-closed 1H candle data, COCOA noted at the balanced energy zone.
Market movement after the 1H candle closes, Market Energy at 20.8%, down -0.3% from 21.1% in the previous candle.
Time in Neutral energy zone: 1 1H Candle
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.
Over the past 5 days, COCOA Market Energy ranged from -100 to +100.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COCOA price and energy show when this 1H candle closed?
When the 1H candle at 23:00 on 12-12-2023 closed, COCOA was at 4,219, up 0.19% from the previous candle (4,211.1). Market Energy was 20.8%, down 0.3 points from 21.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did COCOA price move on this 1H candle, and how large is that historically?
COCOA closed at 4,219, up 0.19% from the previous 1H candle (4,211.1). This rise is larger than 39% of past rises on the 1H timeframe for COCOA, across 12,218 candles since 2019.
How did COCOA Market Energy change from the previous candle?
Market Energy fell 0.3 percentage points from the previous candle — from 21.1% to 20.8%. This drop is larger than 3% of past drops on the 1H timeframe for COCOA.
Do COCOA price and energy agree?
No. Price moved up while energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was COCOA in on the previous 1H candle?
The previous 1H candle had COCOA at 21.1%, Bull Bias — when this candle closed, COCOA moved down to a lower zone: Bull Bias → Neutral.
Where does COCOA energy sit within the Neutral zone?
At 20.8%, COCOA is 0.08 points from the upper boundary of Neutral (20.88%) and 41.68 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 -16.6%; GER40 (European equities) in Neutral with energy -6.7%. Against this backdrop, COCOA (Neutral, 20.8%) sits in the same state zone as 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 62.6%. COCOA energy is currently below DXY by 41.7 points.
See the real-time energy chart for COCOA.
Open Energy ChartSee the full 2AiTrading Model data for COCOA on the COCOA overview →
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