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| Price | ▲ 1.32% | ▲ 0.06% | ▲ 0.89% | ▼ 0.08% |
| Energy | ▲ 15.0 | ▲ 12.2 | ▲ 13.9 | ▲ 2.7 |
Trend of Neutral COFFEE Daily
▸When COFFEE is in Neutral:
- then COFFEE moved to higher Market State: 182 times — 46.2%
- then COFFEE moved to lower Market State: 212 times — 53.8%
▸Current COFFEE market energy: 13.02%
- Distance to upper bound of Neutral (at 20.88%): 7.86%
- Distance to lower bound of Neutral (at -20.88%): 33.9%
"Does history really repeat itself?" — 2AITRADING
The Bull/Bear balanced energy zone recorded from just-completed Daily candle data for COFFEE.
Meanwhile, Market trend energy recorded a +2.7% rise from the previous candle, from 10.3% to 13%.
Time in Neutral energy zone: 4 Daily 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, COFFEE Market Energy ranged from -3.6 to +13.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COFFEE price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 21-02-2024 closed, COFFEE was at 1.8779, down 0.08% from the previous candle (1.8794). Market Energy was 13%, up 2.7 points from 10.3%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did COFFEE price move on this Daily candle, and how large is that historically?
COFFEE closed at 1.8779, down 0.08% from the previous Daily candle (1.8794). This drop is larger than 3% of past drops on the Daily timeframe for COFFEE, across 1,285 candles since 2019.
How did COFFEE Market Energy change from the previous candle?
Market Energy rose 2.7 percentage points from the previous candle — from 10.3% to 13%. This rise is larger than 14% of past rises on the Daily timeframe for COFFEE.
Do COFFEE price and energy agree?
No. Price moved down while energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was COFFEE in on the previous Daily candle?
The previous Daily candle had COFFEE at 10.3%, Neutral — this candle kept the same state, no zone change.
Where does COFFEE energy sit within the Neutral zone?
At 13%, COFFEE is 7.86 points from the upper boundary of Neutral (20.88%) and 33.9 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 Bull Bias with energy 40.5%; GER40 (European equities) in Bull Bias with energy 47.6%. Against this backdrop, COFFEE (Neutral, 13%) 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 Bear Bias with Market Energy -46.9%. COFFEE energy is currently above DXY by 60 points.
See the real-time energy chart for COFFEE.
Open Energy ChartSee the full 2AiTrading Model data for COFFEE on the COFFEE overview →
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