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| Price | ▼ 2.44% | ▲ 1.06% | ▲ 0.37% | ▼ 1.12% |
| Energy | ▼ 32.0 | ▼ 1.6 | ▲ 8.2 | ▲ 1.1 |
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: -5.92%
- Distance to upper bound of Neutral (at 20.88%): 26.8%
- Distance to lower bound of Neutral (at -20.88%): 14.96%
"To truly understand anything, study its history" — 2AITRADING
As the Daily candle completes, COFFEE reflects the neutral energy zone.
Market movement after the Daily candle closes, Market trend energy recorded a +1.1% rise from the previous candle, from -7.1% to -5.9%.
Time in Neutral energy zone: 5 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 -15.2 to -5.9.
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 01-07-2024 closed, COFFEE was at 2.2483, down 1.12% from the previous candle (2.2738). Market Energy was -5.9%, up 1.1 points from -7.1%, 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 2.2483, down 1.12% from the previous Daily candle (2.2738). This drop is larger than 42% of past drops on the Daily timeframe for COFFEE, across 1,375 candles since 2019.
How did COFFEE Market Energy change from the previous candle?
Market Energy rose 1.1 percentage points from the previous candle — from -7.1% to -5.9%. This rise is larger than 5% of past rises on the Daily timeframe for COFFEE.
Do COFFEE price and energy agree?
No. This candle recorded a price decline with energy moving the other way. 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 -7.1%, Neutral — this candle kept the same state, no zone change.
Where does COFFEE energy sit within the Neutral zone?
At -5.9%, COFFEE is 26.8 points from the upper boundary of Neutral (20.88%) and 14.96 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Bear Bias with energy -56.5%; GER40 (European equities) in Bull Critical with energy 69%. Against this backdrop, COFFEE (Neutral, -5.9%) has higher energy than SPX500; lower than 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 -52.5%. COFFEE energy is currently above DXY by 46.6 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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