·
| Price | ▲ 2.13% | ▼ 0.96% | ▼ 0.38% | ▼ 0.49% |
| Energy | ▲ 6.0 | ▼ 9.3 | ▼ 7.8 | ▼ 10.2 |
Trend of Bull Critical ELC Stock 1H
▸When ELC Stock is in Bull Critical:
- then ELC Stock moved to higher Market State: 88 times — 33.8%
- then ELC Stock moved to lower Market State: 172 times — 66.2%
▸Current ELC Stock market energy: 60.03%
- Distance to upper bound of Bull Critical (at 74.5%): 14.47%
- Distance to lower bound of Bull Critical (at 60%): 0.03%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
ELC Stock recorded in the Bull Critical state as the 1H candle ended.
At the 1H session close, Market Energy dropped -10.2% this candle, currently 60% (previous candle 70.2%).
Time in Bull Critical 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 +60 to +87.3.
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 02-05-2024 closed, ELC Stock was at 18.36, down 0.49% from the previous candle (18.45). Market Energy was 60%, down 10.2 points from 70.2%, 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 18.36, down 0.49% from the previous 1H candle (18.45). This drop is larger than 39% of past drops on the 1H timeframe for ELC, across 930 candles since 2019.
How did ELC Stock Market Energy change from the previous candle?
Market Energy fell 10.2 percentage points from the previous candle — from 70.2% to 60%. This drop is larger than 61% of past drops on the 1H timeframe for ELC.
Do ELC price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 70.2%, Bull Critical — this candle kept the same state, no zone change.
Where does ELC Stock energy sit within the Bull Critical zone?
At 60%, ELC Stock is 14.47 points from the upper boundary of Bull Critical (74.5%) and 0.03 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 Bias with energy 48.4%; VN30 (VN30 basket) in Bull Critical with energy 60.1%. Against this backdrop, ELC Stock (Bull Critical, 60%) has higher energy 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 -69.3%. ELC Stock (Bull Critical) 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 →
To jump to a symbol you're interested in, click .