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| Price | ▲ 0.52% | ▲ 0.70% | ▲ 0.43% | ▼ 1.59% |
| Energy | ▲ 9.4 | ▲ 14.8 | ▲ 13.5 | ▼ 63.8 |
Trend of Neutral COFFEE 1H
▸When COFFEE is in Neutral:
- then COFFEE moved to higher Market State: 1,181 times — 49.5%
- then COFFEE moved to lower Market State: 1,203 times — 50.5%
▸Current COFFEE market energy: 8.41%
- Distance to upper bound of Neutral (at 20.88%): 12.47%
- Distance to lower bound of Neutral (at -20.88%): 29.29%
"To truly understand anything, study its history" — 2AITRADING
Reading from the 1H candle, COFFEE recorded in balanced trend energy.
Per the 2AiTrading energy measurement system, Energy delta -63.8%: Market Energy at 8.4%, previously 72.2%.
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, COFFEE Market Energy ranged from -83.2 to +83.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COFFEE price and energy show when this 1H candle closed?
When the 1H candle at 20:00 on 08-08-2024 closed, COFFEE was at 2.4232, down 1.59% from the previous candle (2.4623). Market Energy was 8.4%, down 63.8 points from 72.2%, 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 1H candle, and how large is that historically?
COFFEE closed at 2.4232, down 1.59% from the previous 1H candle (2.4623). This drop is larger than 97% of past drops on the 1H timeframe for COFFEE, across 12,794 candles since 2019.
How did COFFEE Market Energy change from the previous candle?
Market Energy fell 63.8 percentage points from the previous candle — from 72.2% to 8.4%. This drop is larger than 99% of past drops on the 1H timeframe for COFFEE.
Do COFFEE price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was COFFEE in on the previous 1H candle?
The previous 1H candle had COFFEE at 72.2%, Bull Critical — when this candle closed, COFFEE moved down to a lower zone: Bull Critical → Neutral.
Where does COFFEE energy sit within the Neutral zone?
At 8.4%, COFFEE is 12.47 points from the upper boundary of Neutral (20.88%) and 29.29 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 Extreme with energy 99.9%; GER40 (European equities) in Bull Critical with energy 70%. Against this backdrop, COFFEE (Neutral, 8.4%) 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 Extreme with Market Energy 78.2%. COFFEE energy is currently below DXY by 69.8 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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