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| Price | ▼ 1.63% | ▲ 0.41% | ▲ 2.88% | ▼ 2.15% |
| Energy | ▼ 14.5 | ▼ 3.2 | ▲ 30.9 | ▼ 12.2 |
Trend of Bull Critical SOYBEAN Weekly
▸When SOYBEAN is in Bull Critical:
- then SOYBEAN moved to higher Market State: 8 times — 21.6%
- then SOYBEAN moved to lower Market State: 29 times — 78.4%
▸Current SOYBEAN market energy: 66.03%
- Distance to upper bound of Bull Critical (at 74.5%): 8.47%
- Distance to lower bound of Bull Critical (at 60%): 6.03%
"To truly understand anything, study its history" — 2AITRADING
The near-extreme Bull energy zone determined for SOYBEAN through the Weekly candle data.
Looking at the Market Energy reading, Market Energy dropped -12.2% from the previous session, from 78.2% to 66%.
Time in Bull Critical energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SOYBEAN price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 16-10-2017 closed, SOYBEAN was at 978.8, down 2.15% from the previous candle (1,000.3). Market Energy was 66%, down 12.2 points from 78.2%, 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 Weekly candle, and how large is that historically?
SOYBEAN closed at 978.8, down 2.15% from the previous Weekly candle (1,000.3).
How did SOYBEAN Market Energy change from the previous candle?
Market Energy fell 12.2 percentage points from the previous candle — from 78.2% to 66%.
Do SOYBEAN price and energy agree?
Yes. Both price and 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 Weekly candle?
The previous Weekly candle had SOYBEAN at 78.2%, 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 66%, SOYBEAN is 8.47 points from the upper boundary of Bull Critical (74.5%) and 6.03 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 Bull Bias with energy 58.3%; GER40 (European equities) in Neutral with energy 4.7%. Against this backdrop, SOYBEAN (Bull Critical, 66%) 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 -44.6%. SOYBEAN (Bull Critical) and DXY currently sit on opposite sides.
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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