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| Price | ▼ 10.04% | ▲ 67.61% | ▼ 3.90% | ▼ 11.92% |
| Energy | ▼ 9.6 | ▲ 7.6 | ▼ 7.2 | ▼ 19.6 |
Trend of Bull Critical NEARUSD Weekly
▸When NEARUSD is in Bull Critical:
- then NEARUSD moved to higher Market State: 6 times — 33.3%
- then NEARUSD moved to lower Market State: 12 times — 66.7%
▸Current NEARUSD market energy: 62.18%
- Distance to upper bound of Bull Critical (at 74.5%): 12.32%
- Distance to lower bound of Bull Critical (at 60%): 2.18%
"Let data guide you, but never trust it completely" — 2AITRADING
As the Weekly session concludes, NEARUSD shows the Bull Critical measurement.
On the energy side, Compared to the previous candle (81.8%), Market Energy dropped -19.6% to 62.2%.
Time in Bull Critical 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 NEARUSD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 01-01-2024 closed, NEARUSD was at 3.215, down 11.92% from the previous candle (3.65). Market Energy was 62.2%, down 19.6 points from 81.8%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did NEARUSD price move on this Weekly candle, and how large is that historically?
NEARUSD closed at 3.215, down 11.92% from the previous Weekly candle (3.65). This drop is larger than 64% of past drops on the Weekly timeframe for NEARUSD, across 167 candles since 2019.
How did NEARUSD Market Energy change from the previous candle?
Market Energy fell 19.6 percentage points from the previous candle — from 81.8% to 62.2%. This drop is larger than 71% of past drops on the Weekly timeframe for NEARUSD.
Do NEARUSD price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was NEARUSD in on the previous Weekly candle?
The previous Weekly candle had NEARUSD at 81.8%, Bull Extreme — when this candle closed, NEARUSD moved down to a lower zone: Bull Extreme → Bull Critical.
Where does NEARUSD energy sit within the Bull Critical zone?
At 62.2%, NEARUSD is 12.32 points from the upper boundary of Bull Critical (74.5%) and 2.18 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Bias with energy -25.5%; GER40 (European equities) in Neutral with energy -3.3%. Against this backdrop, NEARUSD (Bull Critical, 62.2%) 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 Bull Bias with Market Energy 23.3%. NEARUSD (Bull Critical) and DXY currently sit on the same Bull side.
See the real-time energy chart for NEARUSD.
Open Energy ChartSee the full 2AiTrading Model data for NEARUSD on the NEARUSD overview →
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