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| Price | ▼ 0.69% | 0.00% | ▲ 1.46% | ▼ 0.21% |
| Energy | ▼ 26.9 | ▼ 4.6 | ▲ 42.0 | ▲ 19.5 |
Trend of Bull Bias ELC Stock 1H
▸When ELC Stock is in Bull Bias:
- then ELC Stock moved to higher Market State: 141 times — 44.6%
- then ELC Stock moved to lower Market State: 175 times — 55.4%
▸Current ELC Stock market energy: 31.54%
- Distance to upper bound of Bull Bias (at 60%): 28.46%
- Distance to lower bound of Bull Bias (at 20.88%): 10.66%
"Does history really repeat itself?" — 2AITRADING
Bull Bias of Market Energy is the result just recorded for ELC Stock after the 1H candle closed.
The market energy reading A +19.5% change from the previous candle, Market Energy is now 31.5% (previous: 12.1%).
Time in Bull Bias 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 -29.9 to +63.6.
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 11:00 on 30-08-2023 closed, ELC Stock was at 14.54, down 0.21% from the previous candle (14.57). Market Energy was 31.5%, up 19.5 points from 12.1%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did ELC price move on this 1H candle, and how large is that historically?
ELC closed at 14.54, down 0.21% from the previous 1H candle (14.57). This drop is larger than 11% of past drops on the 1H timeframe for ELC, across 111 candles since 2019.
How did ELC Stock Market Energy change from the previous candle?
Market Energy rose 19.5 percentage points from the previous candle — from 12.1% to 31.5%. This rise is larger than 73% of past rises on the 1H timeframe for ELC.
Do ELC price and energy agree?
No. Price moved down while energy moved up on this candle. 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 12.1%, Neutral — when this candle closed, ELC Stock moved up to a higher zone: Neutral → Bull Bias.
Where does ELC Stock energy sit within the Bull Bias zone?
At 31.5%, ELC Stock is 28.46 points from the upper boundary of Bull Bias (60%) and 10.66 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull Bias 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 Bull Critical with energy 60.6%; VN30 (VN30 basket) in Bull Bias with energy 59.2%. Against this backdrop, ELC Stock (Bull Bias, 31.5%) lower than VNINDEX; sits in the same state zone as 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 Bear Critical with Market Energy -67.6%. ELC Stock (Bull Bias) and DXY currently sit on opposite sides.
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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