Analysis

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Price and energy
SLS Stock from 158.4 to 157.57, down 0.52%
Market Energy Bull Extreme 99.4% to Bull Bias 41.0%, down 58.4 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.53%0.96%0.10%0.52%
Energy2.2182.89.358.4
Volatility trend chart · last 4 sessions
0.53% 0.96% 0.10% 0.52% 2.2 182.8 9.3 58.4
priceenergy up · down
Volatility · vs history since 2019
Price down 0.52% — higher than 66% of past drops
0%255075100%
Energy down 58.4 pts — higher than 87% of past drops
RESEARCH

Trend of Bull Bias SLS Stock 1H

Sample: 3,391 1H candles from 2023-07-31 to 2026-09-18
Number of Bull Bias occurrences: 200 times

When SLS Stock is in Bull Bias:

  • then SLS Stock moved to higher Market State: 87 times43.5%
  • then SLS Stock moved to lower Market State: 113 times56.5%

Current SLS Stock market energy: 41.01%

  • Distance to upper bound of Bull Bias (at 60%): 18.99%
  • Distance to lower bound of Bull Bias (at 20.88%): 20.13%

"History always repeats itself, one way or another" — 2AITRADING

SLS · H1 · 2024-08-05 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
99.4%
Bull Extreme
41.0%
Bull Bias
4.1%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Reading from the 1H candle, SLS within Bull Bias.

At the 1H session close, A -58.4% change from the previous candle, Market Energy is now 41% (previous: 99.4%).

Time in Bull 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 -99.9 to +99.4.

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 09:00 on 05-08-2024 closed, SLS Stock was at 157.57, down 0.52% from the previous candle (158.4). Market Energy was 41%, down 58.4 points from 99.4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

SLS closed at 157.57, down 0.52% from the previous 1H candle (158.4). This drop is larger than 66% of past drops on the 1H timeframe for SLS, across 1,212 candles since 2019.

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

Market Energy fell 58.4 percentage points from the previous candle — from 99.4% to 41%. This drop is larger than 87% 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 the candle that just closed; it does not say where price goes next.

What state was SLS Stock in on the previous 1H candle?

The previous 1H candle had SLS Stock at 99.4%, Bull Extreme — when this candle closed, SLS Stock moved down to a lower zone: Bull Extreme → Bull Bias.

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

At 41%, SLS Stock is 18.99 points from the upper boundary of Bull Bias (60%) and 20.13 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull 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 Bull Extreme with energy 94.6%; VN30 (VN30 basket) in Bull Extreme with energy 88.2%. Against this backdrop, SLS Stock (Bull Bias, 41%) lower 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 Bear Extreme with Market Energy -80.9%. SLS Stock (Bull 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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