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| Price | ▲ 1.99% | ▲ 1.73% | 0.00% | ▼ 8.40% |
| Energy | ▲ 6.7 | ▲ 43.0 | 0.0 | ▼ 6.8 |
Trend of Bear Bias HRC Stock 1H
▸When HRC Stock is in Bear Bias:
- then HRC Stock moved to higher Market State: 58 times — 63%
- then HRC Stock moved to lower Market State: 34 times — 37%
▸Current HRC Stock market energy: -56.92%
- Distance to upper bound of Bear Bias (at -20.88%): 36.04%
- Distance to lower bound of Bear Bias (at -60%): 3.08%
"History always repeats itself, one way or another" — 2AITRADING
Observing the completed 1H candle, Result for HRC Stock: Bear Bias.
Per the 2AiTrading energy measurement system, Market Energy moved from -50.1% to -56.9%, down -6.8% from the previous candle.
Time in Bear Bias energy zone: 3 1H 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 -56.9 to -50.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did HRC Stock price and energy show when this 1H candle closed?
When the 1H candle at 11:00 on 19-04-2024 closed, HRC Stock was at 43.05, down 8.4% from the previous candle (47). Market Energy was -56.9%, down 6.8 points from -50.1%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did HRC price move on this 1H candle, and how large is that historically?
HRC closed at 43.05, down 8.4% from the previous 1H candle (47). This drop is larger than 96% of past drops on the 1H timeframe for HRC, across 184 candles since 2019.
How did HRC Stock Market Energy change from the previous candle?
Market Energy fell 6.8 percentage points from the previous candle — from -50.1% to -56.9%. This drop is larger than 26% of past drops on the 1H timeframe for HRC.
Do HRC 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 HRC Stock in on the previous 1H candle?
The previous 1H candle had HRC Stock at -50.1%, Bear Bias — this candle kept the same state, no zone change.
Where does HRC Stock energy sit within the Bear Bias zone?
At -56.9%, HRC Stock is 36.04 points from the upper boundary of Bear Bias (-20.88%) and 3.08 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Bear Extreme with energy -98%; VN30 (VN30 basket) in Bear Extreme with energy -95.5%. Against this backdrop, HRC Stock (Bear Bias, -56.9%) 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 15.2%. HRC Stock energy is currently below DXY by 72.2 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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