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| Price | ▼ 0.44% | ▼ 1.39% | ▲ 1.41% | ▼ 1.53% |
| Energy | ▼ 11.1 | ▼ 5.2 | ▲ 1.3 | ▼ 20.5 |
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: 51.12%
- Distance to upper bound of Bull Bias (at 60%): 8.88%
- Distance to lower bound of Bull Bias (at 20.88%): 30.24%
"Let data guide you, but never trust it completely" — 2AITRADING
The system just recorded ELC Stock in the Bull Bias level after the 1H candle closed.
Market energy movement Market Energy reading dropped -20.5%, moving from 71.6% to 51.1% after the 1H candle.
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 -75.2 to +98.2.
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 13:00 on 29-09-2023 closed, ELC Stock was at 13.5, down 1.53% from the previous candle (13.71). Market Energy was 51.1%, down 20.5 points from 71.6%, 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 13.5, down 1.53% from the previous 1H candle (13.71). This drop is larger than 84% of past drops on the 1H timeframe for ELC, across 212 candles since 2019.
How did ELC Stock Market Energy change from the previous candle?
Market Energy fell 20.5 percentage points from the previous candle — from 71.6% to 51.1%. This drop is larger than 80% of past drops on the 1H timeframe for ELC.
Do ELC 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 ELC Stock in on the previous 1H candle?
The previous 1H candle had ELC Stock at 71.6%, Bull Critical — when this candle closed, ELC Stock moved down to a lower zone: Bull Critical → Bull Bias.
Where does ELC Stock energy sit within the Bull Bias zone?
At 51.1%, ELC Stock is 8.88 points from the upper boundary of Bull Bias (60%) and 30.24 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 66.3%; VN30 (VN30 basket) in Bull Critical with energy 61.2%. Against this backdrop, ELC Stock (Bull Bias, 51.1%) lower 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 Bear Extreme with Market Energy -78.1%. 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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