Analysis

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Price and energy
COCOA from 6,006.2 to 6,015.7, up 0.16%
Market Energy Bull Bias 43.9% to Bull Bias 28.5%, down 15.3 pts
Energy diverges from price
Price and energy change · last 4 candles
Price1.55%0.08%0.46%0.16%
Energy56.639.819.215.3
Volatility trend chart · last 4 sessions
1.55% 0.08% 0.46% 0.16% 56.6 39.8 19.2 15.3
priceenergy up · down
Volatility · vs history since 2019
Price up 0.16% — higher than 28% of past rises
0%255075100%
Energy down 15.3 pts — higher than 63% of past drops
RESEARCH

Trend of Bull Bias COCOA 1H

Sample: 19,721 1H candles from 2013-01-03 to 2026-09-15
Number of Bull Bias occurrences: 1,629 times

When COCOA is in Bull Bias:

  • then COCOA moved to higher Market State: 731 times44.9%
  • then COCOA moved to lower Market State: 898 times55.1%

Current COCOA market energy: 28.52%

  • Distance to upper bound of Bull Bias (at 60%): 31.48%
  • Distance to lower bound of Bull Bias (at 20.88%): 7.64%

"Does history really repeat itself?" — 2AITRADING

COCOA · H1 · 2026-09-16 15:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
43.9%
Bull Bias
28.5%
Bull Bias
19.5%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Reading from the 1H candle, COCOA reflects energy leaning Bull.

On trend energy, Market Energy dropped -15.3% this candle, currently 28.5% (previous candle 43.9%).

Time in Bull Bias energy zone: 2 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, COCOA Market Energy ranged from -98.2 to +90.6.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 22:00 on 16-09-2026 closed, COCOA was at 6,015.7, up 0.16% from the previous candle (6,006.2). Market Energy was 28.5%, down 15.3 points from 43.9%, 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 1H candle, and how large is that historically?

COCOA closed at 6,015.7, up 0.16% from the previous 1H candle (6,006.2). This rise is larger than 28% of past rises on the 1H timeframe for COCOA, across 19,036 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy fell 15.3 percentage points from the previous candle — from 43.9% to 28.5%. This drop is larger than 63% of past drops on the 1H timeframe for COCOA.

Do COCOA price and energy agree?

No. This candle recorded a price rise with energy moving the other way. This describes a closed candle, not a forecast of where price goes next.

What state was COCOA in on the previous 1H candle?

The previous 1H candle had COCOA at 43.9%, Bull Bias — this candle kept the same state, no zone change.

Where does COCOA energy sit within the Bull Bias zone?

At 28.5%, COCOA is 31.48 points from the upper boundary of Bull Bias (60%) and 7.64 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 63.4%; GER40 (European equities) in Bull Extreme with energy 75.2%. Against this backdrop, COCOA (Bull Bias, 28.5%) 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 Bull Bias with Market Energy 26%. COCOA (Bull Bias) and DXY currently sit on the same Bull side.

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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