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| Price | ▼ 1.12% | ▲ 0.11% | ▲ 0.07% | ▲ 2.16% |
| Energy | ▼ 13.8 | ▼ 17.6 | ▼ 7.0 | ▲ 15.5 |
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: 26.41%
- Distance to upper bound of Bull Bias (at 60%): 33.59%
- Distance to lower bound of Bull Bias (at 20.88%): 5.53%
"Let data guide you, but never trust it completely" — 2AITRADING
After the Weekly data updates, SOYBEAN reflects the Bull trend energy zone.
Market trend on the 2AiTrading energy system Compared to the previous candle (10.9%), Market Energy rose +15.5% to 26.4%.
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 12-04-2021 closed, SOYBEAN was at 1,433.3, up 2.16% from the previous candle (1,403). Market Energy was 26.4%, up 15.5 points from 10.9%, 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 1,433.3, up 2.16% from the previous Weekly candle (1,403). This rise is larger than 57% of past rises on the Weekly timeframe for SOYBEAN, across 119 candles since 2019.
How did SOYBEAN Market Energy change from the previous candle?
Market Energy rose 15.5 percentage points from the previous candle — from 10.9% to 26.4%. This rise is larger than 56% of past rises on the Weekly timeframe for SOYBEAN.
Do SOYBEAN price and energy agree?
Yes. Both price and energy moved up 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 10.9%, 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 26.4%, SOYBEAN is 33.59 points from the upper boundary of Bull Bias (60%) and 5.53 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 Critical with energy 65.7%; GER40 (European equities) in Bull Critical with energy 67.5%. Against this backdrop, SOYBEAN (Bull Bias, 26.4%) lower 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 Neutral with Market Energy -17.6%. SOYBEAN energy is currently above DXY by 44 points.
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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