Analysis

COCOA 5,916.45 ↑0.53%: Bulls have the edge · D Oct 21, 2026

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Candle open
Price and energy
Open 5,871.5 · High 5,940.5 · Low 5,738.5 · Close 5,916.45 · Range (high − low) 202
COCOA closed at 5,916.45, up 31.45 (+0.53%) from 5,885.
Bull–Bear energy behind the price: the market moved from the Neutral zone at -2.3% to Bull Bias at 21.3%, up 23.6 points.
Third straight up candle, price and energy are moving up together.
Price and energy · last 4 candles
Price5,759.45,761.15,8855,916.5
Energy-32.2%-31.7%-2.3%21.3%
Price change↓ 1.26%↑ 0.03%↑ 2.15%↑ 0.53%
Energy change↓ 32.1↑ 0.5↑ 29.5↑ 23.6
Volatility trend chart · last 4 sessions
↓ 1.26%↑ 0.03%↑ 2.15%↑ 0.53%↓ 32.1↑ 0.5↑ 29.5↑ 23.6
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.53% — higher than 24% of past rises
0%255075100%
Energy up 23.6 pts — higher than 69% of past rises
Knowledge

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

RESEARCH

Trend of Bull Bias COCOA Daily

Sample: 2,649 Daily candles from 2013-01-03 to 2026-10-20
Number of Bull Bias occurrences: 233 times

▸When COCOA is in Bull Bias:

  • then COCOA moved to higher Market State: 111 times — 47.6%
  • then COCOA moved to lower Market State: 122 times — 52.4%

▸Current COCOA market energy: 21.34%

  • Distance to upper bound of Bull Bias (at 60%): 38.66%
  • Distance to lower bound of Bull Bias (at 20.88%): 0.46%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

COCOA · D1 · 2026-10-21 00:00 UTC
Preview the last 30 candles — price and energy
View live COCOA chart →
Market Energy
-2.3%
Neutral
21.3%
Bull Bias
Expected at
07:10
Zone
20.88 – 60
Bias
Buyers in control
Explanation

After the Daily candle closes, COCOA in Bull Bias.

Looking at the Market Energy reading, Market Energy rose +23.6% this candle, currently 21.3% (previous candle -2.3%).

Time in Bull Bias energy zone: 1 Daily 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, COCOA Market Energy ranged from -32.2 to 21.3.

Frequently asked questions

What did COCOA price and energy show when this Daily candle closed?

When the Daily candle closed at 07:00 on 21-10-2026, COCOA was at 5,916.45, up 0.53% from the previous candle (5,885). Market Energy was 21.3%, up 23.6 points from -2.3%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did COCOA price move on this Daily candle, and how large is that historically?

COCOA closed at 5,916.45, up 0.53% from the previous Daily candle (5,885). This rise is larger than 24% of past rises on the Daily timeframe for COCOA, across 1,957 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy rose 23.6 percentage points from the previous candle — from -2.3% to 21.3%. This rise is larger than 69% of past rises on the Daily timeframe for COCOA.

Do COCOA price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was COCOA in on the previous Daily candle?

The previous Daily candle had COCOA at -2.3%, Neutral — when this candle closed, COCOA moved up to a higher zone: Neutral → Bull Bias.

Where does COCOA energy sit within the Bull Bias zone?

At 21.3%, COCOA is 38.66 points from the upper boundary of Bull Bias (60%) and 0.46 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 66.7%; GER40 (European equities) in Bull Bias with energy 56.1%. Against this backdrop, COCOA (Bull Bias, 21.3%) lower than SPX500; sits in the same state zone as 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 -2.3%. COCOA energy is currently above DXY by 23.7 points.

Real-time Energy Chart

See the real-time energy chart for COCOA.

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 COCOA on the COCOA overview →

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