Analysis

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ELC Stock is currently controlled by buyers, in the Bull Bias zone. Measured energy: +45.6%.

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RESEARCH

UP–DOWN statistics for Bull Bias ELC Stock Weekly

Sample: 745 Weekly candles from 2012-03-26 to 2026-08-17
Number of Bull Bias occurrences: 64 times

When ELC Stock is in Bull Bias:

  • then ELC Stock moved to higher Market State: 25 times39.1%
  • then ELC Stock moved to lower Market State: 39 times60.9%

Current ELC Stock market energy: 45.56%

  • Distance to upper bound of Bull Bias (at 60%): 14.44%
  • Distance to lower bound of Bull Bias (at 20.88%): 24.68%

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

ELC · W1 · 2012-09-24 00:00 UTC
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Market Energy
48.8%
Bull Bias
45.6%
Bull Bias
47.5%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

The energy zone leaning Bull recorded from just-completed Weekly candle data for ELC Stock.

Per the 2AiTrading energy measurement system, Market Energy dropped -3.3% this candle, currently 45.6% (previous candle 48.8%).

Time in Bull Bias energy zone: 3 Weekly 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

Not enough data in the past 5 days to show a range.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What state was ELC Stock on Weekly when this candle closed?

When the Weekly candle at 07:00 on 24-09-2012 closed, ELC Stock was in Bull Bias with Market Energy 45.6%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

Market Energy fell 3.3 percentage points from the previous candle — from 48.8% to 45.6%.

What state was ELC Stock in on the previous Weekly candle?

The previous Weekly candle had ELC Stock at 48.8%, Bull Bias — this candle kept the same state, no zone change.

Where does ELC Stock energy sit within the Bull Bias zone?

At 45.6%, ELC Stock is 14.44 points from the upper boundary of Bull Bias (60%) and 24.68 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 →
Real-time Energy Chart

See the real-time energy chart for ELC Stock.

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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 →

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