Analysis

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Candle open
Price and energy
HRC Stock from 53 to 54.9, up 3.58%
Market Energy Bull Bias 28.5% to Bull Extreme 99.3%, up 70.8 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.73%▼ 7.41%▲ 16.23%▲ 3.58%
Energy▼ 7.1▼ 67.3▲ 120.3▲ 70.8
Volatility trend chart · last 4 sessions
▼ 0.73%▼ 7.41%▲ 16.23%▲ 3.58%▼ 7.1▼ 67.3▲ 120.3▲ 70.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 3.58% — higher than 34% of past rises
0%255075100%
Energy up 70.8 pts — higher than 90% of past rises
RESEARCH

Trend of Bull Extreme HRC Stock Weekly

Sample: 725 Weekly candles from 2012-03-26 to 2026-09-28
Number of Bull Extreme occurrences: 47 times

▸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: 47 times — 100%

▸Current HRC Stock market energy: 99.29%

  • Distance to peak 100%: 0.71%
  • Distance to lower bound of Bull Extreme (at 74.5%): 24.79%

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

HRC · W1 · 2023-10-02 02:00 UTC
Preview the last 30 candles — price and energy
View live HRC chart →
Market Energy
28.5%
Bull Bias
99.3%
Bull Extreme
89.9%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

Following the completion of the Weekly candle, HRC noted at the upper-boundary Bull energy state - Bull Extreme.

Looking at the Market Energy reading, Market Energy rose +70.8% this candle, currently 99.3% (previous candle 28.5%).

Time in Bull Extreme energy zone: 1 Weekly 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

Not enough data in the past 5 days to show a range.

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 Weekly candle closed?

When the Weekly candle at 09:00 on 02-10-2023 closed, HRC Stock was at 54.9, up 3.58% from the previous candle (53). Market Energy was 99.3%, up 70.8 points from 28.5%, 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 Weekly candle, and how large is that historically?

HRC closed at 54.9, up 3.58% from the previous Weekly candle (53). This rise is larger than 34% of past rises on the Weekly timeframe for HRC, across 230 candles since 2019.

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

Market Energy rose 70.8 percentage points from the previous candle — from 28.5% to 99.3%. This rise is larger than 90% of past rises on the Weekly timeframe for HRC.

Do HRC price and energy agree?

Yes. This candle recorded price moving up 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 28.5%, Bull Bias — when this candle closed, HRC Stock moved up to a higher zone: Bull Bias → Bull Extreme.

Where does HRC Stock energy sit within the Bull Extreme zone?

At 99.3%, HRC Stock is 0.71 points from the upper boundary of Bull Extreme (100%) and 24.79 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 Bull Bias with energy 41.6%; VN30 (VN30 basket) in Bull Bias with energy 33.7%. Against this backdrop, HRC Stock (Bull Extreme, 99.3%) 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 Bull Critical with Market Energy 65.2%. HRC Stock (Bull Extreme) and DXY currently sit on the same Bull side.

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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