Analysis

·

Price and energy
NEARUSD from 3.72 to 3.678, down 1.13%
Market Energy Bull Bias 42.4% to Neutral 20.3%, down 22.1 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.46%0.48%0.80%1.13%
Energy3.51.917.922.1
Volatility trend chart · last 4 sessions
0.46% 0.48% 0.80% 1.13% 3.5 1.9 17.9 22.1
priceenergy up · down
Volatility · vs history since 2019
Price down 1.13% — higher than 72% of past drops
0%255075100%
Energy down 22.1 pts — higher than 81% of past drops
RESEARCH

Trend of Neutral NEARUSD 1H

Sample: 51,820 1H candles from 2020-10-14 to 2026-09-13
Number of Neutral occurrences: 4,944 times

When NEARUSD is in Neutral:

  • then NEARUSD moved to higher Market State: 2,375 times48%
  • then NEARUSD moved to lower Market State: 2,569 times52%

Current NEARUSD market energy: 20.32%

  • Distance to upper bound of Neutral (at 20.88%): 0.56%
  • Distance to lower bound of Neutral (at -20.88%): 41.2%

"Why does archaeology matter?" — 2AITRADING

NEARUSD · H1 · 2024-08-06 23:00 UTC
Preview the last 30 candles — price and energy
View live NEARUSD chart →
Market Energy
42.4%
Bull Bias
20.3%
Neutral
16.2%
Neutral
Zone
-20.88 – 20.88
Bias
Buyers in control
Explanation

Measurement result after the 1H candle closes, NEARUSD shows the balanced Market Energy state.

The market energy reading The energy level dropped -22.1%: from 42.4% now at 20.3%.

Time in Neutral energy zone: 1 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, NEARUSD Market Energy ranged from -100 to +80.5.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 06:00 on 07-08-2024 closed, NEARUSD was at 3.678, down 1.13% from the previous candle (3.72). Market Energy was 20.3%, down 22.1 points from 42.4%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did NEARUSD price move on this 1H candle, and how large is that historically?

NEARUSD closed at 3.678, down 1.13% from the previous 1H candle (3.72). This drop is larger than 72% of past drops on the 1H timeframe for NEARUSD, across 33,404 candles since 2019.

How did NEARUSD Market Energy change from the previous candle?

Market Energy fell 22.1 percentage points from the previous candle — from 42.4% to 20.3%. This drop is larger than 81% of past drops on the 1H timeframe for NEARUSD.

Do NEARUSD 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 NEARUSD in on the previous 1H candle?

The previous 1H candle had NEARUSD at 42.4%, Bull Bias — when this candle closed, NEARUSD moved down to a lower zone: Bull Bias → Neutral.

Where does NEARUSD energy sit within the Neutral zone?

At 20.3%, NEARUSD is 0.56 points from the upper boundary of Neutral (20.88%) and 41.2 points from the lower boundary (-20.88%) — so energy sits closer to the upper 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: SPX500 (US equities) in Bear Extreme with energy -83.6%; GER40 (European equities) in Bear Bias with energy -50%. Against this backdrop, NEARUSD (Neutral, 20.3%) has higher energy than SPX500, GER40.

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 -39.5%. NEARUSD energy is currently above DXY by 59.8 points.

Real-time Energy Chart

See the real-time energy chart for NEARUSD.

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 NEARUSD on the NEARUSD overview →

To jump to a symbol you're interested in, click .