Analysis

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Candle close
Price and energy
SHP Stock from 22.65 to 22.22, down 1.90%
Market Energy Bear Bias -39.4% to Bear Bias -49.0%, down 9.5 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.36%0.00%1.94%1.90%
Energy3.00.422.49.5
Volatility trend chart · last 4 sessions
0.36%0.00% 1.94% 1.90% 3.0 0.4 22.4 9.5
priceenergy up · down
Volatility · vs history since 2019
Price down 1.90% — higher than 75% of past drops
0%255075100%
Energy down 9.5 pts — higher than 52% of past drops
RESEARCH

Trend of Bear Bias SHP Stock 1H

Sample: 2,685 1H candles from 2023-07-31 to 2026-09-23
Number of Bear Bias occurrences: 145 times

When SHP Stock is in Bear Bias:

  • then SHP Stock moved to higher Market State: 74 times51%
  • then SHP Stock moved to lower Market State: 71 times49%

Current SHP Stock market energy: -48.97%

  • Distance to upper bound of Bear Bias (at -20.88%): 28.09%
  • Distance to lower bound of Bear Bias (at -60%): 11.03%

"To truly understand anything, study its history" — 2AITRADING

SHP · H1 · 2023-10-19 03:00 UTC
Preview the last 30 candles — price and energy
View live SHP chart →
Market Energy
-39.4%
Bear Bias
-49.0%
Bear Bias
7.1%
Neutral
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

As the 1H candle completes, Market Energy of SHP Stock indicates the Bear Bias zone.

At the 1H session close, Market Energy moved from -39.4% to -49%, down -9.5% from the previous candle.

Time in Bear Bias energy zone: 2 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, SHP Stock Market Energy ranged from -100 to -6.3.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 10:00 on 19-10-2023 closed, SHP Stock was at 22.22, down 1.9% from the previous candle (22.65). Market Energy was -49%, down 9.5 points from -39.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

SHP closed at 22.22, down 1.9% from the previous 1H candle (22.65). This drop is larger than 75% of past drops on the 1H timeframe for SHP, across 181 candles since 2019.

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

Market Energy fell 9.5 percentage points from the previous candle — from -39.4% to -49%. This drop is larger than 52% of past drops on the 1H timeframe for SHP.

Do SHP 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 SHP Stock in on the previous 1H candle?

The previous 1H candle had SHP Stock at -39.4%, Bear Bias — this candle kept the same state, no zone change.

Where does SHP Stock energy sit within the Bear Bias zone?

At -49%, SHP Stock is 28.09 points from the upper boundary of Bear Bias (-20.88%) and 11.03 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Bear Extreme with energy -86.4%; VN30 (VN30 basket) in Bear Extreme with energy -83.1%. Against this backdrop, SHP Stock (Bear Bias, -49%) 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 Bias with Market Energy 56.1%. SHP Stock (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for SHP 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 SHP on the SHP Stock overview →

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