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| Price | ▲ 0.29% | ▲ 0.49% | ▼ 0.77% | ▼ 1.27% |
| Energy | ▼ 0.0 | ▼ 0.0 | ▼ 1.6 | ▼ 118.0 |
Trend of Neutral ELC Stock 1H
▸When ELC Stock is in Neutral:
- then ELC Stock moved to higher Market State: 139 times — 50%
- then ELC Stock moved to lower Market State: 139 times — 50%
▸Current ELC Stock market energy: -19.71%
- Distance to upper bound of Neutral (at 20.88%): 40.59%
- Distance to lower bound of Neutral (at -20.88%): 1.17%
"To truly understand anything, study its history" — 2AITRADING
Reading from the 1H candle, ELC Stock in balanced trend energy.
Observing the ELC market this session, Compared to the previous candle (98.3%), Market Energy dropped -118% to -19.7%.
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, ELC Stock Market Energy ranged from -19.7 to +100.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did ELC Stock price and energy show when this 1H candle closed?
When the 1H candle at 09:00 on 02-08-2023 closed, ELC Stock was at 10.13, down 1.27% from the previous candle (10.26). Market Energy was -19.7%, down 118.0 points from 98.3%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did ELC price move on this 1H candle, and how large is that historically?
ELC closed at 10.13, down 1.27% from the previous 1H candle (10.26).
How did ELC Stock Market Energy change from the previous candle?
Market Energy fell 118 percentage points from the previous candle — from 98.3% to -19.7%.
Do ELC price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was ELC Stock in on the previous 1H candle?
The previous 1H candle had ELC Stock at 98.3%, Bull Extreme — when this candle closed, ELC Stock moved down to a lower zone: Bull Extreme → Neutral.
Where does ELC Stock energy sit within the Neutral zone?
At -19.7%, ELC Stock is 40.59 points from the upper boundary of Neutral (20.88%) and 1.17 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: VNINDEX (Vietnam equities) in Bear Extreme with energy -80.5%; VN30 (VN30 basket) in Bear Extreme with energy -76.7%. Against this backdrop, ELC Stock (Neutral, -19.7%) has higher energy than VNINDEX, VN30.
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 49.9%. ELC Stock energy is currently below DXY by 69.6 points.
See the real-time energy chart for ELC Stock.
Open Energy ChartSee the full 2AiTrading Model data for ELC on the ELC Stock overview →
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