Analysis

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Candle close
Price and energy
ELC Stock from 10.49 to 10.47, down 0.19%
Market Energy Bull Extreme 79.0% to Bull Critical 71.6%, down 7.3 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price1.36%0.86%0.29%0.19%
Energy65.22.56.37.3
Volatility trend chart · last 4 sessions
1.36% 0.86% 0.29% 0.19% 65.2 2.5 6.3 7.3
priceenergy up · down
Volatility · vs history since 2019
Price down 0.19%: not enough data to rank
0%255075100%
Energy down 7.3 pts: not enough data to rank
RESEARCH

Trend of Bull Critical ELC Stock 1H

Sample: 3,900 1H candles from 2023-07-31 to 2026-09-22
Number of Bull Critical occurrences: 261 times

When ELC Stock is in Bull Critical:

  • then ELC Stock moved to higher Market State: 88 times33.7%
  • then ELC Stock moved to lower Market State: 173 times66.3%

Current ELC Stock market energy: 71.65%

  • Distance to upper bound of Bull Critical (at 74.5%): 2.85%
  • Distance to lower bound of Bull Critical (at 60%): 11.65%

"Does history really repeat itself?" — 2AITRADING

ELC · H1 · 2023-08-03 04:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
79.0%
Bull Extreme
71.6%
Bull Critical
56.7%
Bull Bias
Zone
60 – 74.5
Bias
Buyers in control
Explanation

ELC Stock classified into the near-peak Bull energy state after the 1H candle completed.

The energy side shows Market Energy dropped -7.3% from the previous session, from 79% to 71.6%.

Time in Bull Critical 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, ELC Stock Market Energy ranged from -75.3 to +100.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 11:00 on 03-08-2023 closed, ELC Stock was at 10.47, down 0.19% from the previous candle (10.49). Market Energy was 71.6%, down 7.3 points from 79%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

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

ELC closed at 10.47, down 0.19% from the previous 1H candle (10.49).

How did ELC Stock Market Energy change from the previous candle?

Market Energy fell 7.3 percentage points from the previous candle — from 79% to 71.6%.

Do ELC price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.

What state was ELC Stock in on the previous 1H candle?

The previous 1H candle had ELC Stock at 79%, Bull Extreme — when this candle closed, ELC Stock moved down to a lower zone: Bull Extreme → Bull Critical.

Where does ELC Stock energy sit within the Bull Critical zone?

At 71.6%, ELC Stock is 2.85 points from the upper boundary of Bull Critical (74.5%) and 11.65 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.

What does Bull Critical mean?

Bull Critical is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Bull Critical 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 Bias with energy -41%; VN30 (VN30 basket) in Bear Bias with energy -37.3%. Against this backdrop, ELC Stock (Bull Critical, 71.6%) 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 Extreme with Market Energy 74.9%. ELC Stock (Bull Critical) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for ELC Stock.

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 ELC on the ELC Stock overview →

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