Analysis

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ELC Stock is currently leaning slightly toward buyers, energy +18.0%. 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: 17.99%

  • Distance to upper bound of Neutral (at 20.88%): 2.89%
  • Distance to lower bound of Neutral (at -20.88%): 38.87%

"Why does archaeology matter?" — 2AITRADING

ELC · W1 · 2024-10-21 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
46.3%
Bull Bias
18.0%
Neutral
39.2%
Bull Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Measurement result after the Weekly candle closes, Result for ELC: the Neutral energy zone.

Market energy movement Market Energy moved from 46.3% to 18%, down -28.3% from the previous candle.

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 09:00 on 21-10-2024 closed, ELC Stock was in Neutral with Market Energy 18%, 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 28.3 percentage points from the previous candle — from 46.3% to 18%.

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

The previous Weekly candle had ELC Stock at 46.3%, 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 18%, ELC Stock is 2.89 points from the upper boundary of Neutral (20.88%) and 38.87 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 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 47.1%; VN30 (VN30 basket) in Bull Bias with energy 58.5%. Against this backdrop, ELC Stock (Neutral, 18%) 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 Bear Bias with Market Energy -21%. ELC Stock energy is currently above DXY by 39 points.

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. Method: see Guide.

See the full 2AiTrading Model data for ELC on the ELC Stock overview →

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