Analysis

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Price and energy
SLS Stock from 163.82 to 161.74, down 1.27%
Market Energy Bull Bias 37.6% to Bear Bias -56.6%, down 94.2 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.25%0.31%1.76%1.27%
Energy32.32.057.494.2
Volatility trend chart · last 4 sessions
0.25% 0.31% 1.76% 1.27% 32.3 2.0 57.4 94.2
priceenergy up · down
Volatility · vs history since 2019
Price down 1.27% — higher than 93% of past drops
0%255075100%
Energy down 94.2 pts — higher than 93% 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: -56.62%

  • Distance to upper bound of Bear Bias (at -20.88%): 35.74%
  • Distance to lower bound of Bear Bias (at -60%): 3.38%

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

SLS · H1 · 2024-07-22 03:00 UTC
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Market Energy
37.6%
Bull Bias
-56.6%
Bear Bias
-74.2%
Bear Critical
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Reading from the 1H candle, Market SLS in trend energy leaning Bear.

The SLS market at session end, Market Energy dropped -94.2% this candle, currently -56.6% (previous candle 37.6%).

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 -56.6 to +87.5.

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 10:00 on 22-07-2024 closed, SLS Stock was at 161.74, down 1.27% from the previous candle (163.82). Market Energy was -56.6%, down 94.2 points from 37.6%, 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 161.74, down 1.27% from the previous 1H candle (163.82). This drop is larger than 93% of past drops on the 1H timeframe for SLS, across 1,166 candles since 2019.

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

Market Energy fell 94.2 percentage points from the previous candle — from 37.6% to -56.6%. This drop is larger than 93% of past drops on the 1H timeframe for SLS.

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

The previous 1H candle had SLS Stock at 37.6%, 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 -56.6%, SLS Stock is 35.74 points from the upper boundary of Bear Bias (-20.88%) and 3.38 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 Critical with energy -61.8%; VN30 (VN30 basket) in Neutral with energy -10%. Against this backdrop, SLS Stock (Bear Bias, -56.6%) has higher energy than VNINDEX; lower than 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 Neutral with Market Energy 12.6%. SLS Stock energy is currently below DXY by 69.2 points.

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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