Analysis

·

Candle close
Price and energy
USOIL from 70.195 to 70.77, up 0.82%
Market Energy Bear Critical -67.4% to Bull Critical 68.6%, up 136.0 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.86%▲ 0.15%▼ 0.16%▲ 0.82%
Energy▼ 108.4▼ 2.6▲ 17.8▲ 136.0
Volatility trend chart · last 4 sessions
▼ 0.86%▲ 0.15%▼ 0.16%▲ 0.82%▼ 108.4▼ 2.6▲ 17.8▲ 136.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.82% — higher than 89% of past rises
0%255075100%
Energy up 136.0 pts — largest on record (since 2019)
RESEARCH

Trend of Bull Critical USOIL 1H

Sample: 69,402 1H candles from 2015-01-02 to 2026-09-25
Number of Bull Critical occurrences: 3,337 times

▸When USOIL is in Bull Critical:

  • then USOIL moved to higher Market State: 1,109 times — 33.2%
  • then USOIL moved to lower Market State: 2,228 times — 66.8%

▸Current USOIL market energy: 68.64%

  • Distance to upper bound of Bull Critical (at 74.5%): 5.86%
  • Distance to lower bound of Bull Critical (at 60%): 8.64%

"To truly understand anything, study its history" — 2AITRADING

USOIL · H1 · 2023-05-17 08:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-67.4%
Bear Critical
68.6%
Bull Critical
96.0%
Bull Extreme
Zone
60 – 74.5
Bias
Buyers in control
Explanation

Bull trend energy near extreme recorded from just-completed 1H candle data for USOIL.

Market energy measurement Market Energy reading rose +136%, moving from -67.4% to 68.6% after the 1H candle.

Time in Bull Critical energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, USOIL Market Energy ranged from -96 to +91.4.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did USOIL price and energy show when this 1H candle closed?

When the 1H candle at 15:00 on 17-05-2023 closed, USOIL was at 70.77, up 0.82% from the previous candle (70.195). Market Energy was 68.6%, up 136.0 points from -67.4%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

How much did USOIL price move on this 1H candle, and how large is that historically?

USOIL closed at 70.77, up 0.82% from the previous 1H candle (70.195). This rise is larger than 89% of past rises on the 1H timeframe for USOIL, across 25,881 candles since 2019.

How did USOIL Market Energy change from the previous candle?

Market Energy rose 136 percentage points from the previous candle — from -67.4% to 68.6%. This is the largest of all rises on the 1H timeframe for USOIL on record since 2019.

Do USOIL 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 USOIL in on the previous 1H candle?

The previous 1H candle had USOIL at -67.4%, Bear Critical — when this candle closed, USOIL moved up to a higher zone: Bear Critical → Bull Critical.

Where does USOIL energy sit within the Bull Critical zone?

At 68.6%, USOIL is 5.86 points from the upper boundary of Bull Critical (74.5%) and 8.64 points from the lower boundary (60%) — so energy sits closer to the upper 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 51.9%; GER40 (European equities) in Bull Extreme with energy 79%. Against this backdrop, USOIL (Bull Critical, 68.6%) has higher energy than SPX500; lower than 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 92.6%. USOIL (Bull Critical) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for USOIL.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for USOIL on the USOIL overview →

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