Analysis

·

Candle close
Price and energy
ELC Stock from 17.86 to 17.82, down 0.22%
Market Energy Bull Extreme 78.0% to Bull Critical 65.5%, down 12.5 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.22%0.51%0.73%0.22%
Energy5.57.87.612.5
Volatility trend chart · last 4 sessions
0.22% 0.51% 0.73% 0.22% 5.5 7.8 7.6 12.5
priceenergy up · down
Volatility · vs history since 2019
Price down 0.22% — higher than 11% of past drops
0%255075100%
Energy down 12.5 pts — higher than 71% of past drops
RESEARCH

Trend of Bull Critical ELC Stock 1H

Sample: 3,895 1H candles from 2023-07-31 to 2026-09-21
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: 65.52%

  • Distance to upper bound of Bull Critical (at 74.5%): 8.98%
  • Distance to lower bound of Bull Critical (at 60%): 5.52%

"History always repeats itself, one way or another" — 2AITRADING

ELC · H1 · 2024-01-04 03:00 UTC
Preview the last 30 candles — price and energy
View live ELC chart →
Market Energy
78.0%
Bull Extreme
65.5%
Bull Critical
66.0%
Bull Critical
Zone
60 – 74.5
Bias
Buyers in control
Explanation

Following the completion of the 1H candle, ELC Stock within the Bull Critical state.

The energy side shows Market Energy at 65.5%, down -12.5% from 78% in the previous candle.

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 +65.5 to +98.8.

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 10:00 on 04-01-2024 closed, ELC Stock was at 17.82, down 0.22% from the previous candle (17.86). Market Energy was 65.5%, down 12.5 points from 78%, 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 17.82, down 0.22% from the previous 1H candle (17.86). This drop is larger than 11% of past drops on the 1H timeframe for ELC, across 548 candles since 2019.

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

Market Energy fell 12.5 percentage points from the previous candle — from 78% to 65.5%. This drop is larger than 71% 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 78%, 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 65.5%, ELC Stock is 8.98 points from the upper boundary of Bull Critical (74.5%) and 5.52 points from the lower boundary (60%) — so energy sits closer to the lower 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 Bull Extreme with energy 99.8%; VN30 (VN30 basket) in Bull Extreme with energy 99.5%. Against this backdrop, ELC Stock (Bull Critical, 65.5%) 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 Neutral with Market Energy -7.1%. ELC Stock energy is currently above DXY by 72.6 points.

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 →

To jump to a symbol you're interested in, click .