Analysis

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ELC Stock is currently leaning slightly toward buyers, energy +19.3%. This still sits in the Neutral zone — the probability of a clear trend is not yet defined.

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RESEARCH

UP–DOWN statistics for Neutral ELC Stock Weekly

Sample: 745 Weekly candles from 2012-03-26 to 2026-08-17
Number of Neutral occurrences: 65 times

When ELC Stock is in Neutral:

  • then ELC Stock moved to higher Market State: 38 times58.5%
  • then ELC Stock moved to lower Market State: 27 times41.5%

Current ELC Stock market energy: 19.29%

  • Distance to upper bound of Neutral (at 20.88%): 1.59%
  • Distance to lower bound of Neutral (at -20.88%): 40.17%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

ELC · W1 · 2016-08-22 00:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
21.9%
Bull Bias
19.3%
Neutral
-2.8%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

After the Weekly data updates, ELC Stock shows the balanced energy state.

Market trend energy Market Energy dropped -2.6% from the previous candle, from 21.9% to 19.3%.

Time in Neutral energy zone: 1 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 22-08-2016 closed, ELC Stock was in Neutral with Market Energy 19.3%, 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 2.6 percentage points from the previous candle — from 21.9% to 19.3%.

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

The previous Weekly candle had ELC Stock at 21.9%, 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 19.3%, ELC Stock is 1.59 points from the upper boundary of Neutral (20.88%) and 40.17 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 Bear Extreme with Market Energy -76.1%. ELC Stock energy is currently above DXY by 95.3 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 →

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