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| Price | ▲ 0.97% | ▲ 5.78% | ▼ 2.45% | ▲ 4.73% |
| Energy | ▲ 11.7 | ▲ 86.1 | ▼ 9.6 | ▲ 34.0 |
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: 27.53%
- Distance to upper bound of Bull Bias (at 60%): 32.47%
- Distance to lower bound of Bull Bias (at 20.88%): 6.65%
"History always repeats itself, one way or another" — 2AITRADING
The Bull Bias zone determined for SOYBEAN through the Weekly candle data.
Looking at the energy level, Market Energy rose +34% from the previous candle, from -6.5% to 27.5%.
Time in Bull Bias 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 10-06-2019 closed, SOYBEAN was at 896.8, up 4.73% from the previous candle (856.3). Market Energy was 27.5%, up 34.0 points from -6.5%, 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 896.8, up 4.73% from the previous Weekly candle (856.3).
How did SOYBEAN Market Energy change from the previous candle?
Market Energy rose 34 percentage points from the previous candle — from -6.5% to 27.5%.
Do SOYBEAN price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was SOYBEAN in on the previous Weekly candle?
The previous Weekly candle had SOYBEAN at -6.5%, Neutral — when this candle closed, SOYBEAN moved up to a higher zone: Neutral → Bull Bias.
Where does SOYBEAN energy sit within the Bull Bias zone?
At 27.5%, SOYBEAN is 32.47 points from the upper boundary of Bull Bias (60%) and 6.65 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 53.4%; GER40 (European equities) in Bull Bias with energy 50.5%. Against this backdrop, SOYBEAN (Bull Bias, 27.5%) 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 Bear Critical with Market Energy -66.7%. SOYBEAN (Bull Bias) 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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