·
| Price | ▲ 0.22% | ▲ 0.06% | ▲ 0.01% | ▲ 0.01% |
| Energy | ▲ 4.8 | ▲ 4.6 | ▼ 19.9 | ▼ 45.9 |
Trend of Bull Bias SOYBEAN 1H
▸When SOYBEAN is in Bull Bias:
- then SOYBEAN moved to higher Market State: 740 times — 44.2%
- then SOYBEAN moved to lower Market State: 936 times — 55.8%
▸Current SOYBEAN market energy: 22.29%
- Distance to upper bound of Bull Bias (at 60%): 37.71%
- Distance to lower bound of Bull Bias (at 20.88%): 1.41%
"To truly understand anything, study its history" — 2AITRADING
With the 1H candle just closed, SOYBEAN in the Bull Bias level.
Market trend update: Market trend energy recorded a -45.9% drop from the previous candle, from 68.2% to 22.3%.
Time in Bull Bias 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 -88.6 to +97.
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 20:00 on 18-07-2023 closed, SOYBEAN was at 1,390.6, up 0.01% from the previous candle (1,390.5). Market Energy was 22.3%, down 45.9 points from 68.2%, 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 1H candle, and how large is that historically?
SOYBEAN closed at 1,390.6, up 0.01% from the previous 1H candle (1,390.5). This rise is larger than 2% of past rises on the 1H timeframe for SOYBEAN, across 5,963 candles since 2019.
How did SOYBEAN Market Energy change from the previous candle?
Market Energy fell 45.9 percentage points from the previous candle — from 68.2% to 22.3%. This drop is larger than 88% of past drops on the 1H timeframe for SOYBEAN.
Do SOYBEAN price and energy agree?
No. Price moved up while energy moved down on this candle. 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 68.2%, Bull Critical — when this candle closed, SOYBEAN moved down to a lower zone: Bull Critical → Bull Bias.
Where does SOYBEAN energy sit within the Bull Bias zone?
At 22.3%, SOYBEAN is 37.71 points from the upper boundary of Bull Bias (60%) and 1.41 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Bull Extreme with energy 75.2%; GER40 (European equities) in Bull Bias with energy 53.6%. Against this backdrop, SOYBEAN (Bull Bias, 22.3%) lower than SPX500; sits in the same state zone as 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 52%. SOYBEAN (Bull Bias) 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 →
To jump to a symbol you're interested in, click .