Analysis

COCOA 5,564.8 ↓1.04%: Bears very strong · 4H 20:00 Oct 26, 2026

·
Candle close
Price and energy
Open 5,596.8 · High 5,637.8 · Low 5,532.8 · Close 5,564.8 · Range (high − low) 105
COCOA closed at 5,564.8, down 58.35 (-1.04%) from 5,623.15.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -37.9% to Bear Critical at -68.4%, down 30.5 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price5,6735,710.25,623.25,564.8
Energy-28.6%-14.9%-37.9%-68.4%
Price change↓ 0.79%↑ 0.66%↓ 1.52%↓ 1.04%
Energy change↓ 34.7↑ 13.7↓ 23.0↓ 30.5
Volatility trend chart · last 4 sessions
↓ 0.79%↑ 0.66%↓ 1.52%↓ 1.04%↓ 34.7↑ 13.7↓ 23.0↓ 30.5
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 1.04% — higher than 44% of past drops
0%255075100%
Energy down 30.5 pts — higher than 70% of past drops
Knowledge

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

RESEARCH

Trend of Bear Critical COCOA 4H

Sample: 130 4H candles from 2026-07-23 to 2026-10-23
Number of Bear Critical occurrences: 5 times

▸When COCOA is in Bear Critical:

  • then COCOA moved to higher Market State: 5 times — 100%
  • then COCOA moved to lower Market State: 0 times — 0%

▸Current COCOA market energy: -68.41%

  • Distance to upper bound of Bear Critical (at -60%): 8.41%
  • Distance to lower bound of Bear Critical (at -74.5%): 6.09%

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

COCOA · H4 · 2026-10-26 09:00 UTC
Preview the last 30 candles — price and energy
View live COCOA chart →
Market Energy
-37.9%
Bear Bias
-68.4%
Bear Critical
-62.1%
Bear Critical
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Following the completion of the 4H candle, COCOA reflects the Bear Critical reading.

On trend energy, Market Energy moved from -37.9% to -68.4%, down -30.5% from the previous candle.

Time in Bear Critical energy zone: 1 4H 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 -68.4 to 51.2.

Frequently asked questions

What did COCOA price and energy show when this 4H candle closed?

When the 4H candle closed at 20:00 on 26-10-2026, COCOA was at 5,564.8, down 1.04% from the previous candle (5,623.15). Market Energy was -68.4%, down 30.5 points from -37.9%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

How much did COCOA price move on this 4H candle, and how large is that historically?

COCOA closed at 5,564.8, down 1.04% from the previous 4H candle (5,623.15). This drop is larger than 44% of past drops on the 4H timeframe for COCOA, across 130 candles since 2019.

How did COCOA Market Energy change from the previous candle?

Market Energy fell 30.5 percentage points from the previous candle — from -37.9% to -68.4%. This drop is larger than 70% of past drops on the 4H 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 the candle that just closed; it does not say where price goes next.

What state was COCOA in on the previous 4H candle?

The previous 4H candle had COCOA at -37.9%, Bear Bias — when this candle closed, COCOA moved down to a lower zone: Bear Bias → Bear Critical.

Where does COCOA energy sit within the Bear Critical zone?

At -68.4%, COCOA is 8.41 points from the upper boundary of Bear Critical (-60%) and 6.09 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear 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 Bear 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 56.4%; GER40 (European equities) in Bull Extreme with energy 98.3%. Against this backdrop, COCOA (Bear Critical, -68.4%) 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 Bull Extreme with Market Energy 89.7%. COCOA (Bear Critical) 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 →

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