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| Price | ▼ 0.93% | ▲ 0.83% | ▲ 1.14% | ▼ 1.12% |
| Energy | ▲ 4.9 | ▲ 184.3 | ▼ 16.6 | ▲ 15.8 |
Trend of Bull Extreme HRC Stock Daily
▸When HRC Stock is in Bull Extreme:
- then HRC Stock moved to higher Market State: 0 times — 0%
- then HRC Stock moved to lower Market State: 293 times — 100%
▸Current HRC Stock market energy: 99.04%
- Distance to peak 100%: 0.96%
- Distance to lower bound of Bull Extreme (at 74.5%): 24.54%
"A person's history reveals more than you might think" — 2AITRADING
Reading from the Daily candle, HRC noted at the extreme Bull energy level.
Looking at the Market Energy reading, Compared to the previous candle (83.2%), Market Energy rose +15.8% to 99%.
Time in Bull Extreme energy zone: 3 Daily 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.
Over the past 5 days, HRC Stock Market Energy ranged from -84.5 to +99.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did HRC Stock price and energy show when this Daily candle closed?
When the Daily candle at 09:00 on 31-05-2024 closed, HRC Stock was at 48.4, down 1.12% from the previous candle (48.95). Market Energy was 99%, up 15.8 points from 83.2%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did HRC price move on this Daily candle, and how large is that historically?
HRC closed at 48.4, down 1.12% from the previous Daily candle (48.95). This drop is larger than 17% of past drops on the Daily timeframe for HRC, across 1,026 candles since 2019.
How did HRC Stock Market Energy change from the previous candle?
Market Energy rose 15.8 percentage points from the previous candle — from 83.2% to 99%. This rise is larger than 55% of past rises on the Daily timeframe for HRC.
Do HRC price and energy agree?
No. This candle recorded a price decline with energy moving the other way. This describes the candle that just closed; it does not say where price goes next.
What state was HRC Stock in on the previous Daily candle?
The previous Daily candle had HRC Stock at 83.2%, Bull Extreme — this candle kept the same state, no zone change.
Where does HRC Stock energy sit within the Bull Extreme zone?
At 99%, HRC Stock is 0.96 points from the upper boundary of Bull Extreme (100%) and 24.54 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.
What does Bull Extreme mean?
Bull Extreme is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Extreme 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 Neutral with energy -5.8%; VN30 (VN30 basket) in Neutral with energy 14.7%. Against this backdrop, HRC Stock (Bull Extreme, 99%) has higher energy 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 Neutral with Market Energy 12.5%. HRC Stock energy is currently above DXY by 86.6 points.
See the real-time energy chart for HRC Stock.
Open Energy ChartSee the full 2AiTrading Model data for HRC on the HRC Stock overview →
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