Analysis

·

Candle close
Price and energy
COPPER from 3.8194 to 3.8143, down 0.13%
Market Energy Bull Bias 59.3% to Neutral 14.2%, down 45.1 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.04%▲ 0.26%▼ 0.17%▼ 0.13%
Energy▲ 9.9▲ 12.6▼ 15.3▼ 45.1
Volatility trend chart · last 4 sessions
▼ 0.04%▲ 0.26%▼ 0.17%▼ 0.13%▲ 9.9▲ 12.6▼ 15.3▼ 45.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.13% — higher than 49% of past drops
0%255075100%
Energy down 45.1 pts — higher than 95% of past drops
RESEARCH

Trend of Neutral COPPER 1H

Sample: 57,076 1H candles from 2013-01-03 to 2026-10-07
Number of Neutral occurrences: 5,745 times

▸When COPPER is in Neutral:

  • then COPPER moved to higher Market State: 2,824 times — 49.2%
  • then COPPER moved to lower Market State: 2,921 times — 50.8%

▸Current COPPER market energy: 14.21%

  • Distance to upper bound of Neutral (at 20.88%): 6.67%
  • Distance to lower bound of Neutral (at -20.88%): 35.09%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

COPPER · H1 · 2023-12-06 09:00 UTC
Preview the last 30 candles — price and energy
View live COPPER chart →
Market Energy
59.3%
Bull Bias
14.2%
Neutral
-1.5%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

After the 1H candle closes, COPPER classified as the Neutral zone.

Market energy measurement Market Energy at 14.2%, down -45.1% from 59.3% in the previous candle.

Time in Neutral energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, COPPER Market Energy ranged from -85.1 to +92.1.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did COPPER price and energy show when this 1H candle closed?

When the 1H candle at 16:00 on 06-12-2023 closed, COPPER was at 3.8143, down 0.13% from the previous candle (3.8194). Market Energy was 14.2%, down 45.1 points from 59.3%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did COPPER price move on this 1H candle, and how large is that historically?

COPPER closed at 3.8143, down 0.13% from the previous 1H candle (3.8194). This drop is larger than 49% of past drops on the 1H timeframe for COPPER, across 29,156 candles since 2019.

How did COPPER Market Energy change from the previous candle?

Market Energy fell 45.1 percentage points from the previous candle — from 59.3% to 14.2%. This drop is larger than 95% of past drops on the 1H timeframe for COPPER.

Do COPPER 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 COPPER in on the previous 1H candle?

The previous 1H candle had COPPER at 59.3%, Bull Bias — when this candle closed, COPPER moved down to a lower zone: Bull Bias → Neutral.

Where does COPPER energy sit within the Neutral zone?

At 14.2%, COPPER is 6.67 points from the upper boundary of Neutral (20.88%) and 35.09 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 Neutral with energy 0.7%; GER40 (European equities) in Bear Bias with energy -45.1%. Against this backdrop, COPPER (Neutral, 14.2%) has higher energy than GER40; sits in the same state zone as SPX500.

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 Bias with Market Energy 33.5%. COPPER energy is currently below DXY by 19.3 points.

Real-time Energy Chart

See the real-time energy chart for COPPER.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for COPPER on the COPPER overview →

To jump to a symbol you're interested in, click .