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| Price | ▲ 0.45% | ▼ 0.54% | ▲ 0.78% | ▲ 1.89% |
| Energy | ▲ 14.1 | ▲ 7.8 | ▲ 22.1 | ▲ 97.7 |
Trend of Bull Bias SOYBEAN Daily
▸When SOYBEAN is in Bull Bias:
- then SOYBEAN moved to higher Market State: 140 times — 43.5%
- then SOYBEAN moved to lower Market State: 182 times — 56.5%
▸Current SOYBEAN market energy: 45.79%
- Distance to upper bound of Bull Bias (at 60%): 14.21%
- Distance to lower bound of Bull Bias (at 20.88%): 24.91%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
As the Daily candle closes, SOYBEAN noted at trend energy leaning Bull.
End-of-session energy readings on Daily, The energy level rose +97.7%: from -51.9% now at 45.8%.
Time in Bull Bias energy zone: 1 Daily 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.
Over the past 5 days, SOYBEAN Market Energy ranged from -81.8 to +45.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SOYBEAN price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 04-11-2020 closed, SOYBEAN was at 1,079, up 1.89% from the previous candle (1,059). Market Energy was 45.8%, up 97.7 points from -51.9%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did SOYBEAN price move on this Daily candle, and how large is that historically?
SOYBEAN closed at 1,079, up 1.89% from the previous Daily candle (1,059). This rise is larger than 91% of past rises on the Daily timeframe for SOYBEAN, across 462 candles since 2019.
How did SOYBEAN Market Energy change from the previous candle?
Market Energy rose 97.7 percentage points from the previous candle — from -51.9% to 45.8%. This rise is larger than 95% of past rises on the Daily timeframe for SOYBEAN.
Do SOYBEAN price and energy agree?
Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was SOYBEAN in on the previous Daily candle?
The previous Daily candle had SOYBEAN at -51.9%, Bear Bias — when this candle closed, SOYBEAN moved up to a higher zone: Bear Bias → Bull Bias.
Where does SOYBEAN energy sit within the Bull Bias zone?
At 45.8%, SOYBEAN is 14.21 points from the upper boundary of Bull Bias (60%) and 24.91 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: SPX500 (US equities) in Bear Bias with energy -39.8%; GER40 (European equities) in Bull Critical with energy 71.4%. Against this backdrop, SOYBEAN (Bull Bias, 45.8%) has higher energy than SPX500; lower than 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 Neutral with Market Energy -17%. SOYBEAN energy is currently above DXY by 62.8 points.
See the real-time energy chart for SOYBEAN.
Open Energy ChartSee the full 2AiTrading Model data for SOYBEAN on the SOYBEAN overview →
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