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| Price | ▼ 0.70% | ▲ 1.33% | ▲ 0.40% | ▼ 0.10% |
| Energy | ▼ 15.1 | ▲ 24.5 | ▲ 61.6 | ▼ 1.9 |
Trend of Neutral SOYBEAN Daily
▸When SOYBEAN is in Neutral:
- then SOYBEAN moved to higher Market State: 152 times — 47.1%
- then SOYBEAN moved to lower Market State: 171 times — 52.9%
▸Current SOYBEAN market energy: 2.94%
- Distance to upper bound of Neutral (at 20.88%): 17.94%
- Distance to lower bound of Neutral (at -20.88%): 23.82%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
The neutral energy zone determined for SOYBEAN through the Daily candle data.
Market energy measurement Market Energy dropped -1.9% from the previous candle, from 4.8% to 2.9%.
Time in Neutral energy zone: 2 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 -81.3 to +4.8.
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 01-11-2024 closed, SOYBEAN was at 996.3, down 0.1% from the previous candle (997.3). Market Energy was 2.9%, down 1.9 points from 4.8%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did SOYBEAN price move on this Daily candle, and how large is that historically?
SOYBEAN closed at 996.3, down 0.1% from the previous Daily candle (997.3). This drop is larger than 6% of past drops on the Daily timeframe for SOYBEAN, across 1,464 candles since 2019.
How did SOYBEAN Market Energy change from the previous candle?
Market Energy fell 1.9 percentage points from the previous candle — from 4.8% to 2.9%. This drop is larger than 9% of past drops on the Daily timeframe for SOYBEAN.
Do SOYBEAN 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 SOYBEAN in on the previous Daily candle?
The previous Daily candle had SOYBEAN at 4.8%, Neutral — this candle kept the same state, no zone change.
Where does SOYBEAN energy sit within the Neutral zone?
At 2.9%, SOYBEAN is 17.94 points from the upper boundary of Neutral (20.88%) and 23.82 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Extreme with energy -76.9%; GER40 (European equities) in Bear Bias with energy -50.7%. Against this backdrop, SOYBEAN (Neutral, 2.9%) has higher energy than SPX500, 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 Bear Bias with Market Energy -54.1%. SOYBEAN energy is currently above DXY by 57 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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