Analysis

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Candle close
Price and energy
SLS Stock from 160.29 to 159.99, down 0.19%
Market Energy Bull Bias 28.6% to Bear Bias -25.1%, down 53.7 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.52%0.52%0.19%
Energy21.8100.813.353.7
Volatility trend chart · last 4 sessions
0.00% 0.52% 0.52% 0.19% 21.8 100.8 13.3 53.7
priceenergy up · down
Volatility · vs history since 2019
Price down 0.19% — higher than 21% of past drops
0%255075100%
Energy down 53.7 pts — higher than 84% of past drops
RESEARCH

Trend of Bear Bias SLS Stock 1H

Sample: 3,391 1H candles from 2023-07-31 to 2026-09-18
Number of Bear Bias occurrences: 220 times

When SLS Stock is in Bear Bias:

  • then SLS Stock moved to higher Market State: 107 times48.6%
  • then SLS Stock moved to lower Market State: 113 times51.4%

Current SLS Stock market energy: -25.09%

  • Distance to upper bound of Bear Bias (at -20.88%): 4.21%
  • Distance to lower bound of Bear Bias (at -60%): 34.91%

"Why does archaeology matter?" — 2AITRADING

SLS · H1 · 2023-10-17 06:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
28.6%
Bull Bias
-25.1%
Bear Bias
-64.5%
Bear Critical
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

After the system processes the 1H candle, SLS Stock noted at the Bear Bias state.

Meanwhile, A -53.7% change from the previous candle, Market Energy is now -25.1% (previous: 28.6%).

Time in Bear Bias 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, SLS Stock Market Energy ranged from -100 to +41.9.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 13:00 on 17-10-2023 closed, SLS Stock was at 159.99, down 0.19% from the previous candle (160.29). Market Energy was -25.1%, down 53.7 points from 28.6%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

SLS closed at 159.99, down 0.19% from the previous 1H candle (160.29). This drop is larger than 21% of past drops on the 1H timeframe for SLS, across 257 candles since 2019.

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

Market Energy fell 53.7 percentage points from the previous candle — from 28.6% to -25.1%. This drop is larger than 84% of past drops on the 1H timeframe for SLS.

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

The previous 1H candle had SLS Stock at 28.6%, Bull Bias — when this candle closed, SLS Stock moved down to a lower zone: Bull Bias → Bear Bias.

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

At -25.1%, SLS Stock is 4.21 points from the upper boundary of Bear Bias (-20.88%) and 34.91 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Bias with energy -37.4%; VN30 (VN30 basket) in Bear Bias with energy -21.9%. Against this backdrop, SLS Stock (Bear Bias, -25.1%) sits in the same state zone as 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 23.9%. SLS Stock (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

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

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