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| Price | ▼ 2.15% | ▼ 0.36% | ▲ 0.17% | ▲ 0.03% |
| Energy | ▼ 12.2 | ▼ 17.1 | ▼ 7.0 | ▼ 11.6 |
Trend of Bull Bias SOYBEAN Weekly
▸When SOYBEAN is in Bull Bias:
- then SOYBEAN moved to higher Market State: 25 times — 36.8%
- then SOYBEAN moved to lower Market State: 43 times — 63.2%
▸Current SOYBEAN market energy: 30.29%
- Distance to upper bound of Bull Bias (at 60%): 29.71%
- Distance to lower bound of Bull Bias (at 20.88%): 9.41%
"Does history really repeat itself?" — 2AITRADING
Observing the completed Weekly candle, Market Energy of SOYBEAN indicates the energy zone tilted toward Bull.
Meanwhile, Energy delta -11.6%: Market Energy at 30.3%, previously 41.9%.
Time in Bull Bias energy zone: 3 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 06-11-2017 closed, SOYBEAN was at 977.3, up 0.03% from the previous candle (977). Market Energy was 30.3%, down 11.6 points from 41.9%, 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 Weekly candle, and how large is that historically?
SOYBEAN closed at 977.3, up 0.03% from the previous Weekly candle (977).
How did SOYBEAN Market Energy change from the previous candle?
Market Energy fell 11.6 percentage points from the previous candle — from 41.9% to 30.3%.
Do SOYBEAN price and energy agree?
No. On this candle price rose but energy fell — the two moved in opposite directions. 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 41.9%, Bull Bias — this candle kept the same state, no zone change.
Where does SOYBEAN energy sit within the Bull Bias zone?
At 30.3%, SOYBEAN is 29.71 points from the upper boundary of Bull Bias (60%) and 9.41 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 Bias with energy 50.7%; GER40 (European equities) in Bull Bias with energy 43.3%. Against this backdrop, SOYBEAN (Bull Bias, 30.3%) sits in the same state zone as 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 Extreme with Market Energy 78.4%. 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 →
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