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| Price | ▲ 0.89% | ▼ 5.84% | ▼ 0.94% | ▲ 3.55% |
| Energy | ▲ 43.3 | ▼ 22.6 | ▼ 5.9 | ▲ 6.1 |
Trend of Neutral HRC Stock Weekly
▸When HRC Stock is in Neutral:
- then HRC Stock moved to higher Market State: 30 times — 57.7%
- then HRC Stock moved to lower Market State: 22 times — 42.3%
▸Current HRC Stock market energy: -1.27%
- Distance to upper bound of Neutral (at 20.88%): 22.15%
- Distance to lower bound of Neutral (at -20.88%): 19.61%
"Let data guide you, but never trust it completely" — 2AITRADING
HRC recorded in the balanced energy level as the Weekly candle ended.
Observing the HRC market this session, The energy level rose +6.1%: from -7.4% now at -1.3%.
Time in Neutral energy zone: 3 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 12-08-2024 closed, HRC Stock was at 43.8, up 3.55% from the previous candle (42.3). Market Energy was -1.3%, up 6.1 points from -7.4%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did HRC price move on this Weekly candle, and how large is that historically?
HRC closed at 43.8, up 3.55% from the previous Weekly candle (42.3). This rise is larger than 35% of past rises on the Weekly timeframe for HRC, across 275 candles since 2019.
How did HRC Stock Market Energy change from the previous candle?
Market Energy rose 6.1 percentage points from the previous candle — from -7.4% to -1.3%. This rise is larger than 30% 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 a closed candle, not a forecast of where price goes next.
What state was HRC Stock in on the previous Weekly candle?
The previous Weekly candle had HRC Stock at -7.4%, Neutral — this candle kept the same state, no zone change.
Where does HRC Stock energy sit within the Neutral zone?
At -1.3%, HRC Stock is 22.15 points from the upper boundary of Neutral (20.88%) and 19.61 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Extreme with energy 96.5%; VN30 (VN30 basket) in Bull Extreme with energy 100%. Against this backdrop, HRC Stock (Neutral, -1.3%) lower 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 Bear Bias with Market Energy -21.4%. HRC Stock energy is currently above DXY by 20.2 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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