Analysis

COCOA 5,924.05 ↓0.6%: Bulls in the peak-force zone · 1H 22:00 Oct 20, 2026

·
Candle close
Price and energy
Open 5,957.05 · High 5,966.55 · Low 5,872.3 · Close 5,924.05 · Range (high − low) 94.25
COCOA closed at 5,924.05, down 36 (-0.60%) from 5,960.05.
Bull–Bear energy behind the price: the market moved from the Bull Extreme zone at 99.9% to Bull Extreme at 90.4%, down 9.5 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price5,829.15,957.65,960.15,924.1
Energy62.6%96.9%99.9%90.4%
Price change↑ 1.15%↑ 2.20%↑ 0.04%↓ 0.60%
Energy change↑ 43.3↑ 34.3↑ 3.0↓ 9.5
Volatility trend chart · last 4 sessions
↑ 1.15%↑ 2.20%↑ 0.04%↓ 0.60%↑ 43.3↑ 34.3↑ 3.0↓ 9.5
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.60% — higher than 73% of past drops
0%255075100%
Energy down 9.5 pts — higher than 48% of past drops
Knowledge

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

RESEARCH

Trend of Bull Extreme COCOA 1H

Sample: 19,961 1H candles from 2013-01-03 to 2026-10-19
Number of Bull Extreme occurrences: 937 times

▸When COCOA is in Bull Extreme:

  • then COCOA moved to higher Market State: 0 times — 0%
  • then COCOA moved to lower Market State: 937 times — 100%

▸Current COCOA market energy: 90.36%

  • Distance to peak 100%: 9.64%
  • Distance to lower bound of Bull Extreme (at 74.5%): 15.86%

"Why does archaeology matter?" — 2AITRADING

COCOA · H1 · 2026-10-20 14:00 UTC
Preview the last 30 candles — price and energy
View live COCOA chart →
Market Energy
99.9%
Bull Extreme
90.4%
Bull Extreme
66.0%
Bull Critical
Zone
74.5 – 100
Bias
Buyers in control
Explanation

Observing the completed 1H candle, COCOA currently in the Bull Extreme zone.

Looking at the energy level, Market Energy dropped -9.5% from the previous candle, from 99.9% to 90.4%.

Time in Bull Extreme energy zone: 3 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 -94.7 to 99.9.

Frequently asked questions

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

When the 1H candle closed at 22:00 on 20-10-2026, COCOA was at 5,924.05, down 0.6% from the previous candle (5,960.05). Market Energy was 90.4%, down 9.5 points from 99.9%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

COCOA closed at 5,924.05, down 0.6% from the previous 1H candle (5,960.05). This drop is larger than 73% of past drops on the 1H timeframe for COCOA, across 19,275 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy fell 9.5 percentage points from the previous candle — from 99.9% to 90.4%. This drop is larger than 48% of past drops on the 1H timeframe for COCOA.

Do COCOA price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same 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 99.9%, Bull Extreme — this candle kept the same state, no zone change.

Where does COCOA energy sit within the Bull Extreme zone?

At 90.4%, COCOA is 9.64 points from the upper boundary of Bull Extreme (100%) and 15.86 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bull Extreme mean?

Bull Extreme 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 Extreme 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 Extreme with energy 97.7%; GER40 (European equities) in Bull Extreme with energy 89.4%. Against this backdrop, COCOA (Bull Extreme, 90.4%) 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 -61.2%. COCOA (Bull Extreme) and DXY currently sit on opposite sides.

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 →

To jump to a symbol you're interested in, click .