Analysis

COPPER 6.4929 ↓0.01%: Bulls very strong · 1H 12:00 Oct 23, 2026

·
Candle close
Price and energy
Open 6.4957 · High 6.4984 · Low 6.4865 · Close 6.4929 · Range (high − low) 0.01187
COPPER closed at 6.4929, down 0.00075 (-0.01%) from 6.4937.
Bull–Bear energy behind the price: the market moved from the Bull Critical zone at 68.6% to Bull Critical at 60.9%, down 7.7 points.
Second straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price6.43896.49646.49376.4929
Energy-76.6%18.9%68.6%60.9%
Price change↓ 0.43%↑ 0.89%↓ 0.04%↓ 0.01%
Energy change↓ 67.3↑ 95.5↑ 49.7↓ 7.7
Volatility trend chart · last 4 sessions
↓ 0.43%↑ 0.89%↓ 0.04%↓ 0.01%↓ 67.3↑ 95.5↑ 49.7↓ 7.7
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.01% — higher than 4% of past drops
0%255075100%
Energy down 7.7 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 Critical COPPER 1H

Sample: 57,352 1H candles from 2013-01-03 to 2026-10-23
Number of Bull Critical occurrences: 1,818 times

▸When COPPER is in Bull Critical:

  • then COPPER moved to higher Market State: 502 times — 27.6%
  • then COPPER moved to lower Market State: 1,316 times — 72.4%

▸Current COPPER market energy: 60.85%

  • Distance to upper bound of Bull Critical (at 74.5%): 13.65%
  • Distance to lower bound of Bull Critical (at 60%): 0.85%

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

COPPER · H1 · 2026-10-23 04:00 UTC
Preview the last 30 candles — price and energy
View live COPPER chart →
Market Energy
68.6%
Bull Critical
60.9%
Bull Critical
70.0%
Bull Critical
Zone
60 – 74.5
Bias
Buyers in control
Explanation

From the just-closed 1H candle data, Market COPPER in Bull trend energy near extreme.

On trend energy, Compared to the previous candle (68.6%), Market Energy dropped -7.7% to 60.9%.

Time in Bull Critical 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, COPPER Market Energy ranged from -99 to 98.3.

Frequently asked questions

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

When the 1H candle closed at 12:00 on 23-10-2026, COPPER was at 6.4929, down 0.01% from the previous candle (6.4937). Market Energy was 60.9%, down 7.7 points from 68.6%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

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

COPPER closed at 6.4929, down 0.01% from the previous 1H candle (6.4937). This drop is larger than 4% of past drops on the 1H timeframe for COPPER, across 46,199 candles since 2019.

How did COPPER Market Energy change from the previous candle?

Market Energy fell 7.7 percentage points from the previous candle — from 68.6% to 60.9%. This drop is larger than 48% of past drops on the 1H timeframe for COPPER.

Do COPPER price and energy agree?

Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had COPPER at 68.6%, Bull Critical — this candle kept the same state, no zone change.

Where does COPPER energy sit within the Bull Critical zone?

At 60.9%, COPPER is 13.65 points from the upper boundary of Bull Critical (74.5%) and 0.85 points from the lower boundary (60%) — so energy sits closer to the lower 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 Neutral with energy -16%; GER40 (European equities) in Bear Bias with energy -58.4%. Against this backdrop, COPPER (Bull Critical, 60.9%) has higher energy 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 Critical with Market Energy 60.8%. COPPER (Bull Critical) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for COPPER.

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 COPPER on the COPPER overview →

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