Analysis

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Candle close
Price and energy
HCM Stock from 19.03 to 18.79, down 1.26%
Market Energy Bull Critical 65.4% to Bear Bias -29.4%, down 94.8 pts
Down candle #3 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.16%0.16%0.83%1.26%
Energy38.911.89.694.8
Volatility trend chart · last 4 sessions
0.16% 0.16% 0.83% 1.26% 38.9 11.8 9.6 94.8
priceenergy up · down
Volatility · vs history since 2019
Price down 1.26% — higher than 88% of past drops
0%255075100%
Energy down 94.8 pts — higher than 98% of past drops
RESEARCH

Trend of Bear Bias HCM Stock 1H

Sample: 3,903 1H candles from 2023-07-31 to 2026-09-21
Number of Bear Bias occurrences: 268 times

When HCM Stock is in Bear Bias:

  • then HCM Stock moved to higher Market State: 164 times61.2%
  • then HCM Stock moved to lower Market State: 104 times38.8%

Current HCM Stock market energy: -29.44%

  • Distance to upper bound of Bear Bias (at -20.88%): 8.56%
  • Distance to lower bound of Bear Bias (at -60%): 30.56%

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

HCM · H1 · 2024-05-24 04:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
65.4%
Bull Critical
-29.4%
Bear Bias
-94.8%
Bear Extreme
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

As the 1H candle completes, HCM Stock in the Bear Bias energy zone.

On the measurement side, Compared to the previous candle (65.4%), Market Energy dropped -94.8% to -29.4%.

Time in Bear Bias energy zone: 1 1H 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

Over the past 5 days, HCM Stock Market Energy ranged from -54.8 to +99.7.

Knowledge

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

Frequently asked questions

What did HCM Stock price and energy show when this 1H candle closed?

When the 1H candle at 11:00 on 24-05-2024 closed, HCM Stock was at 18.79, down 1.26% from the previous candle (19.03). Market Energy was -29.4%, down 94.8 points from 65.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did HCM price move on this 1H candle, and how large is that historically?

HCM closed at 18.79, down 1.26% from the previous 1H candle (19.03). This drop is larger than 88% of past drops on the 1H timeframe for HCM, across 1,011 candles since 2019.

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

Market Energy fell 94.8 percentage points from the previous candle — from 65.4% to -29.4%. This drop is larger than 98% of past drops on the 1H timeframe for HCM.

Do HCM price and energy agree?

Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.

What state was HCM Stock in on the previous 1H candle?

The previous 1H candle had HCM Stock at 65.4%, Bull Critical — when this candle closed, HCM Stock moved down to a lower zone: Bull Critical → Bear Bias.

Where does HCM Stock energy sit within the Bear Bias zone?

At -29.4%, HCM Stock is 8.56 points from the upper boundary of Bear Bias (-20.88%) and 30.56 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.

What does Bear Bias mean?

Bear 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 Bear Bias 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 54.1%; VN30 (VN30 basket) in Bull Bias with energy 35.4%. Against this backdrop, HCM Stock (Bear Bias, -29.4%) 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 Bull Extreme with Market Energy 79.8%. HCM Stock (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for HCM 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 HCM on the HCM Stock overview →

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