·
| Price | ▲ 2.75% | ▲ 6.69% | ▼ 3.97% | ▼ 10.29% |
| Energy | ▼ 1.5 | ▼ 8.7 | ▼ 11.6 | ▼ 93.3 |
Trend of Bear Bias COFFEE Weekly
▸When COFFEE is in Bear Bias:
- then COFFEE moved to higher Market State: 42 times — 67.7%
- then COFFEE moved to lower Market State: 20 times — 32.3%
▸Current COFFEE market energy: -24.08%
- Distance to upper bound of Bear Bias (at -20.88%): 3.2%
- Distance to lower bound of Bear Bias (at -60%): 35.92%
"Does history really repeat itself?" — 2AITRADING
As the Weekly session concludes, COFFEE noted at the Bear Bias zone.
Market trend on the 2AiTrading energy system Market trend energy recorded a -93.3% drop from the previous candle, from 69.2% to -24.1%.
Time in Bear Bias energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did COFFEE price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 29-04-2024 closed, COFFEE was at 2.0023, down 10.29% from the previous candle (2.2319). Market Energy was -24.1%, down 93.3 points from 69.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did COFFEE price move on this Weekly candle, and how large is that historically?
COFFEE closed at 2.0023, down 10.29% from the previous Weekly candle (2.2319). This drop is larger than 99% of past drops on the Weekly timeframe for COFFEE, across 314 candles since 2019.
How did COFFEE Market Energy change from the previous candle?
Market Energy fell 93.3 percentage points from the previous candle — from 69.2% to -24.1%. This drop is larger than 99% of past drops on the Weekly 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 Weekly candle?
The previous Weekly candle had COFFEE at 69.2%, Bull Critical — when this candle closed, COFFEE moved down to a lower zone: Bull Critical → Bear Bias.
Where does COFFEE energy sit within the Bear Bias zone?
At -24.1%, COFFEE is 3.2 points from the upper boundary of Bear Bias (-20.88%) and 35.92 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Bias 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 Critical with energy 60.5%; GER40 (European equities) in Bull Extreme with energy 78%. Against this backdrop, COFFEE (Bear Bias, -24.1%) 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 Critical with Market Energy 61.3%. COFFEE (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for COFFEE.
Open Energy ChartSee the full 2AiTrading Model data for COFFEE on the COFFEE overview →
To jump to a symbol you're interested in, click .