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| Price | ▼ 0.51% | ▲ 5.51% | ▲ 0.04% | ▲ 4.22% |
| Energy | ▼ 21.6 | ▲ 7.2 | ▲ 9.9 | ▲ 0.8 |
Trend of Bull Extreme COFFEE Daily
▸When COFFEE is in Bull Extreme:
- then COFFEE moved to higher Market State: 0 times — 0%
- then COFFEE moved to lower Market State: 72 times — 100%
▸Current COFFEE market energy: 88.96%
- Distance to peak 100%: 11.04%
- Distance to lower bound of Bull Extreme (at 74.5%): 14.46%
"Does history really repeat itself?" — 2AITRADING
Reading from the Daily candle, COFFEE classified as the peak Bull energy state.
At the Daily session close, Compared to the previous candle (88.1%), Market Energy rose +0.8% to 89%.
Time in Bull Extreme energy zone: 3 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 +71 to +89.
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 17-04-2024 closed, COFFEE was at 2.3968, up 4.22% from the previous candle (2.2997). Market Energy was 89%, up 0.8 points from 88.1%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did COFFEE price move on this Daily candle, and how large is that historically?
COFFEE closed at 2.3968, up 4.22% from the previous Daily candle (2.2997). This rise is larger than 94% of past rises on the Daily timeframe for COFFEE, across 1,324 candles since 2019.
How did COFFEE Market Energy change from the previous candle?
Market Energy rose 0.8 percentage points from the previous candle — from 88.1% to 89%. This rise is larger than 4% of past rises on the Daily timeframe for COFFEE.
Do COFFEE price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was COFFEE in on the previous Daily candle?
The previous Daily candle had COFFEE at 88.1%, Bull Extreme — this candle kept the same state, no zone change.
Where does COFFEE energy sit within the Bull Extreme zone?
At 89%, COFFEE is 11.04 points from the upper boundary of Bull Extreme (100%) and 14.46 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.
What does Bull Extreme mean?
Bull Extreme 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 Extreme 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 17.4%; GER40 (European equities) in Neutral with energy -14.6%. Against this backdrop, COFFEE (Bull Extreme, 89%) 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 Neutral with Market Energy 11.5%. COFFEE energy is currently above DXY by 77.4 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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