Analysis

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Candle close
Price and energy
HK50 Index from 29,106.5 to 29,053 points, down 0.18%
Market Energy Neutral 19.9% to Neutral 14.6%, down 5.4 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.26%▼ 0.15%▲ 0.13%▼ 0.18%
Energy▲ 6.2▼ 2.7▲ 2.5▼ 5.4
Volatility trend chart · last 4 sessions
▲ 0.26%▼ 0.15%▲ 0.13%▼ 0.18%▲ 6.2▼ 2.7▲ 2.5▼ 5.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.18% — higher than 68% of past drops
0%255075100%
Energy down 5.4 pts — higher than 36% of past drops
RESEARCH

Trend of Neutral HK50 Index 1H

Sample: 47,296 1H candles from 2017-05-02 to 2026-10-09
Number of Neutral occurrences: 3,413 times

▸When HK50 Index is in Neutral:

  • then HK50 Index moved to higher Market State: 1,838 times — 53.9%
  • then HK50 Index moved to lower Market State: 1,575 times — 46.1%

▸Current HK50 Index market energy: 14.6%

  • Distance to upper bound of Neutral (at 20.88%): 6.28%
  • Distance to lower bound of Neutral (at -20.88%): 35.48%

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

HK50 · H1 · 2021-02-04 11:00 UTC
Preview the last 30 candles — price and energy
View live HK50 chart →
Market Energy
19.9%
Neutral
14.6%
Neutral
15.4%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Reading from the 1H candle, HK50 Index reflects the neutral energy state.

Observing the HK50 market this session, Market Energy dropped -5.4% this candle, currently 14.6% (previous candle 19.9%).

Time in Neutral energy zone: 6 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, HK50 Index Market Energy ranged from -98.7 to +100.

Knowledge

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

Frequently asked questions

What did HK50 Index price and energy show when this 1H candle closed?

When the 1H candle at 18:00 on 04-02-2021 closed, HK50 Index was at 29,053, down 0.18% from the previous candle (29,106.5). Market Energy was 14.6%, down 5.4 points from 19.9%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did HK50 price move on this 1H candle, and how large is that historically?

HK50 closed at 29,053, down 0.18% from the previous 1H candle (29,106.5). This drop is larger than 68% of past drops on the 1H timeframe for HK50, across 8,931 candles since 2019.

How did HK50 Index Market Energy change from the previous candle?

Market Energy fell 5.4 percentage points from the previous candle — from 19.9% to 14.6%. This drop is larger than 36% of past drops on the 1H timeframe for HK50.

Do HK50 price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was HK50 Index in on the previous 1H candle?

The previous 1H candle had HK50 Index at 19.9%, Neutral — this candle kept the same state, no zone change.

Where does HK50 Index energy sit within the Neutral zone?

At 14.6%, HK50 Index is 6.28 points from the upper boundary of Neutral (20.88%) and 35.48 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: SPX500 (US equities) in Neutral with energy 15.6%; GER40 (European equities) in Bull Bias with energy 48.1%. Against this backdrop, HK50 Index (Neutral, 14.6%) lower than GER40; sits in the same state zone as SPX500.

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 90.7%. HK50 Index energy is currently below DXY by 76.1 points.

Real-time Energy Chart

See the real-time energy chart for HK50 Index.

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 HK50 on the HK50 Index overview →

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