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| Price | ▲ 0.81% | ▼ 0.01% | ▼ 0.37% | ▼ 0.23% |
| Energy | ▲ 18.8 | ▲ 5.5 | ▼ 9.5 | ▼ 21.6 |
Trend of Bull Critical SOYBEAN 1H
▸When SOYBEAN is in Bull Critical:
- then SOYBEAN moved to higher Market State: 385 times — 33.6%
- then SOYBEAN moved to lower Market State: 762 times — 66.4%
▸Current SOYBEAN market energy: 64.28%
- Distance to upper bound of Bull Critical (at 74.5%): 10.22%
- Distance to lower bound of Bull Critical (at 60%): 4.28%
"History always repeats itself, one way or another" — 2AITRADING
With the 1H candle just closed, SOYBEAN within the near-peak Bull energy state.
Market energy movement The energy level dropped -21.6%: from 85.9% now at 64.3%.
Time in Bull Critical energy zone: 1 1H 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 -90 to +95.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SOYBEAN price and energy show when this 1H candle closed?
When the 1H candle at 08:00 on 31-08-2022 closed, SOYBEAN was at 1,428, down 0.23% from the previous candle (1,431.3). Market Energy was 64.3%, down 21.6 points from 85.9%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did SOYBEAN price move on this 1H candle, and how large is that historically?
SOYBEAN closed at 1,428, down 0.23% from the previous 1H candle (1,431.3). This drop is larger than 62% of past drops on the 1H timeframe for SOYBEAN, across 1,876 candles since 2019.
How did SOYBEAN Market Energy change from the previous candle?
Market Energy fell 21.6 percentage points from the previous candle — from 85.9% to 64.3%. This drop is larger than 72% of past drops on the 1H timeframe for SOYBEAN.
Do SOYBEAN 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 SOYBEAN in on the previous 1H candle?
The previous 1H candle had SOYBEAN at 85.9%, Bull Extreme — when this candle closed, SOYBEAN moved down to a lower zone: Bull Extreme → Bull Critical.
Where does SOYBEAN energy sit within the Bull Critical zone?
At 64.3%, SOYBEAN is 10.22 points from the upper boundary of Bull Critical (74.5%) and 4.28 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 -23.3%; GER40 (European equities) in Bear Bias with energy -24.1%. Against this backdrop, SOYBEAN (Bull Critical, 64.3%) 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 Bull Bias with Market Energy 40.8%. SOYBEAN (Bull Critical) and DXY currently sit on the same Bull side.
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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