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ELC Stock is currently leaning slightly toward buyers, energy +16.9%. This still sits in the Neutral zone — the probability of a clear trend is not yet defined.
See the full 2AiTrading Model data for ELC on the ELC Stock overview →
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UP–DOWN statistics for Neutral ELC Stock Weekly
▸When ELC Stock is in Neutral:
- then ELC Stock moved to higher Market State: 38 times — 58.5%
- then ELC Stock moved to lower Market State: 27 times — 41.5%
▸Current ELC Stock market energy: 16.92%
- Distance to upper bound of Neutral (at 20.88%): 3.96%
- Distance to lower bound of Neutral (at -20.88%): 37.8%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Following the completion of the Weekly candle, Market ELC Stock in trend energy in a neutral state.
Looking at the Market Energy reading, Compared to the previous candle (45.6%), Market Energy dropped -28.6% to 16.9%.
Time in Neutral energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
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What state was ELC Stock on Weekly when this candle closed?
When the Weekly candle at 07:00 on 08-08-2016 closed, ELC Stock was in Neutral with Market Energy 16.9%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did ELC Stock Market Energy change from the previous candle?
Market Energy fell 28.6 percentage points from the previous candle — from 45.6% to 16.9%.
What state was ELC Stock in on the previous Weekly candle?
The previous Weekly candle had ELC Stock at 45.6%, Bull Bias — when this candle closed, ELC Stock moved down to a lower zone: Bull Bias → Neutral.
Where does ELC Stock energy sit within the Neutral zone?
At 16.9%, ELC Stock is 3.96 points from the upper boundary of Neutral (20.88%) and 37.8 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral definition →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 6.9%. ELC Stock energy is currently above DXY by 10.1 points.
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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