·
| Price | 0.00% | ▲ 0.49% | ▲ 0.31% | ▼ 1.04% |
| Energy | ▼ 3.0 | ▼ 0.4 | ▼ 6.6 | ▼ 51.2 |
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: 38.79%
- Distance to upper bound of Bull Bias (at 60%): 21.21%
- Distance to lower bound of Bull Bias (at 20.88%): 17.91%
"A person's history reveals more than you might think" — 2AITRADING
Reading from the 1H candle, ELC Stock classified as the Bull Bias zone.
Market energy movement The energy level dropped -51.2%: from 90% now at 38.8%.
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 -32.2 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 10:00 on 07-12-2023 closed, ELC Stock was at 16.19, down 1.04% from the previous candle (16.36). Market Energy was 38.8%, down 51.2 points from 90%, 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 16.19, down 1.04% from the previous 1H candle (16.36). This drop is larger than 69% of past drops on the 1H timeframe for ELC, across 453 candles since 2019.
How did ELC Stock Market Energy change from the previous candle?
Market Energy fell 51.2 percentage points from the previous candle — from 90% to 38.8%. This drop is larger than 91% 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 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 90%, Bull Extreme — when this candle closed, ELC Stock moved down to a lower zone: Bull Extreme → Bull Bias.
Where does ELC Stock energy sit within the Bull Bias zone?
At 38.8%, ELC Stock is 21.21 points from the upper boundary of Bull Bias (60%) and 17.91 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 Bear Extreme with energy -86.1%; VN30 (VN30 basket) in Bear Critical with energy -69.4%. Against this backdrop, ELC Stock (Bull Bias, 38.8%) 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 33%. ELC Stock (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for ELC Stock.
Open Energy ChartSee the full 2AiTrading Model data for ELC on the ELC Stock overview →
To jump to a symbol you're interested in, click .