·
| Price | ▲ 3.94% | ▲ 2.32% | ▼ 5.31% | ▼ 0.73% |
| Energy | ▲ 13.8 | ▲ 19.9 | ▼ 13.4 | ▼ 7.1 |
Trend of Bear Bias HRC Stock Weekly
▸When HRC Stock is in Bear Bias:
- then HRC Stock moved to higher Market State: 31 times — 79.5%
- then HRC Stock moved to lower Market State: 8 times — 20.5%
▸Current HRC Stock market energy: -24.58%
- Distance to upper bound of Bear Bias (at -20.88%): 3.7%
- Distance to lower bound of Bear Bias (at -60%): 35.42%
"A person's history reveals more than you might think" — 2AITRADING
Following the completion of the Weekly candle, HRC recorded in the Market Energy zone leaning Bear.
Per the 2AI model, Market Energy dropped -7.1% this candle, currently -24.6% (previous candle -17.4%).
Time in Bear Bias energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did HRC Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 11-09-2023 closed, HRC Stock was at 49.25, down 0.73% from the previous candle (49.61). Market Energy was -24.6%, down 7.1 points from -17.4%, 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 Weekly candle, and how large is that historically?
HRC closed at 49.25, down 0.73% from the previous Weekly candle (49.61). This drop is larger than 13% of past drops on the Weekly timeframe for HRC, across 227 candles since 2019.
How did HRC Stock Market Energy change from the previous candle?
Market Energy fell 7.1 percentage points from the previous candle — from -17.4% to -24.6%. This drop is larger than 47% of past drops on the Weekly timeframe for HRC.
Do HRC price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was HRC Stock in on the previous Weekly candle?
The previous Weekly candle had HRC Stock at -17.4%, Neutral — when this candle closed, HRC Stock moved down to a lower zone: Neutral → Bear Bias.
Where does HRC Stock energy sit within the Bear Bias zone?
At -24.6%, HRC Stock is 3.7 points from the upper boundary of Bear Bias (-20.88%) and 35.42 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 Neutral with energy -18.6%; VN30 (VN30 basket) in Bear Bias with energy -43.1%. Against this backdrop, HRC Stock (Bear Bias, -24.6%) lower than VNINDEX; sits in the same state zone as 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 Bear Bias with Market Energy -48.8%. HRC Stock (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for HRC Stock.
Open Energy ChartSee the full 2AiTrading Model data for HRC on the HRC Stock overview →
To jump to a symbol you're interested in, click .