Analysis

·

Candle close
Price and energy
HRC Stock from 42.55 to 43, up 1.06%
Market Energy Bear Bias -23.7% to Bear Bias -26.8%, down 3.2 pts
Energy diverges from price
Price and energy change · last 4 candles
Price0.00%0.00%▼ 1.73%▲ 1.06%
Energy▲ 0.0▼ 0.0▲ 6.7▼ 3.2
Volatility trend chart · last 4 sessions
0.00%0.00%▼ 1.73%▲ 1.06%▲ 0.0▼ 0.0▲ 6.7▼ 3.2
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 1.06% — higher than 17% of past rises
0%255075100%
Energy down 3.2 pts — higher than 15% of past drops
RESEARCH

Trend of Bear Bias HRC Stock 1H

Sample: 1,049 1H candles from 2023-08-01 to 2026-09-24
Number of Bear Bias occurrences: 92 times

▸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: -26.83%

  • Distance to upper bound of Bear Bias (at -20.88%): 5.95%
  • Distance to lower bound of Bear Bias (at -60%): 33.17%

"Let data guide you, but never trust it completely" — 2AITRADING

HRC · H1 · 2024-07-17 03:00 UTC
Preview the last 30 candles — price and energy
View live HRC chart →
Market Energy
-23.7%
Bear Bias
-26.8%
Bear Bias
-88.3%
Bear Extreme
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Reading from the 1H candle, HRC Stock currently in Bear Bias.

On the measurement side, Market Energy reading dropped -3.2%, moving from -23.7% to -26.8% after the 1H candle.

Time in Bear Bias energy zone: 7 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, HRC Stock Market Energy ranged from -30.4 to -23.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 10:00 on 17-07-2024 closed, HRC Stock was at 43, up 1.06% from the previous candle (42.55). Market Energy was -26.8%, down 3.2 points from -23.7%, 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, up 1.06% from the previous 1H candle (42.55). This rise is larger than 17% of past rises on the 1H timeframe for HRC, across 240 candles since 2019.

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

Market Energy fell 3.2 percentage points from the previous candle — from -23.7% to -26.8%. This drop is larger than 15% of past drops on the 1H timeframe for HRC.

Do HRC price and energy agree?

No. Price moved up while energy moved down on this candle. 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 -23.7%, Bear Bias — this candle kept the same state, no zone change.

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

At -26.8%, HRC Stock is 5.95 points from the upper boundary of Bear Bias (-20.88%) and 33.17 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 Bear Critical with energy -68.3%; VN30 (VN30 basket) in Bull Bias with energy 26.1%. Against this backdrop, HRC Stock (Bear Bias, -26.8%) has higher energy than VNINDEX; lower than 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 -15.3%. HRC Stock energy is currently below DXY by 11.5 points.

Real-time Energy Chart

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

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