Analysis

COPPER 6.4631 ↓0.01%: Bears in the peak-force zone · 4H 04:00 Oct 23, 2026

·
Candle close
Price and energy
Open 6.4638 · High 6.4858 · Low 6.4483 · Close 6.4631 · Range (high − low) 0.0375
COPPER closed at 6.4631, down 0.000875 (-0.01%) from 6.464.
Bull–Bear energy behind the price: the market moved from the Bear Extreme zone at -84.2% to Bear Extreme at -80.8%, up 3.4 points.
Fourth straight down candle, energy diverges from price.
Price and energy · last 4 candles
Price6.49066.47766.4646.4631
Energy-94.4%-92.7%-84.2%-80.8%
Price change↓ 0.89%↓ 0.20%↓ 0.21%↓ 0.01%
Energy change↓ 17.9↑ 1.7↑ 8.5↑ 3.4
Volatility trend chart · last 4 sessions
↓ 0.89%↓ 0.20%↓ 0.21%↓ 0.01%↓ 17.9↑ 1.7↑ 8.5↑ 3.4
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.01% — higher than 4% of past drops
0%255075100%
Energy up 3.4 pts — higher than 18% of past rises
Knowledge

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

RESEARCH

Trend of Bear Extreme COPPER 4H

Sample: 326 4H candles from 2026-07-23 to 2026-10-22
Number of Bear Extreme occurrences: 9 times

▸When COPPER is in Bear Extreme:

  • then COPPER moved to higher Market State: 9 times — 100%
  • then COPPER moved to lower Market State: 0 times — 0%

▸Current COPPER market energy: -80.83%

  • Distance to upper bound of Bear Extreme (at -74.5%): 6.33%
  • Distance to bottom -100%: 19.17%

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

COPPER · H4 · 2026-10-22 17:00 UTC
Preview the last 30 candles — price and energy
View live COPPER chart →
Market Energy
-84.2%
Bear Extreme
-80.8%
Bear Extreme
Expected at
08:10
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

After the 4H candle closes, COPPER in the Bear Extreme state.

Market energy measurement Market Energy moved from -84.2% to -80.8%, up +3.4% from the previous candle.

Time in Bear Extreme energy zone: 5 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, COPPER Market Energy ranged from -94.4 to 28.4.

Frequently asked questions

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

When the 4H candle closed at 04:00 on 23-10-2026, COPPER was at 6.4631, down 0.01% from the previous candle (6.464). Market Energy was -80.8%, up 3.4 points from -84.2%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

COPPER closed at 6.4631, down 0.01% from the previous 4H candle (6.464). This drop is larger than 4% of past drops on the 4H timeframe for COPPER, across 328 candles since 2019.

How did COPPER Market Energy change from the previous candle?

Market Energy rose 3.4 percentage points from the previous candle — from -84.2% to -80.8%. This rise is larger than 18% of past rises on the 4H timeframe for COPPER.

Do COPPER price and energy agree?

No. Price moved down while energy moved up 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 4H candle?

The previous 4H candle had COPPER at -84.2%, Bear Extreme — this candle kept the same state, no zone change.

Where does COPPER energy sit within the Bear Extreme zone?

At -80.8%, COPPER is 6.33 points from the upper boundary of Bear Extreme (-74.5%) and 19.17 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.

What does Bear Extreme mean?

Bear 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 Bear 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 Bear Bias with energy -56.3%; GER40 (European equities) in Bear Bias with energy -37.8%. Against this backdrop, COPPER (Bear Extreme, -80.8%) 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 Bear Extreme with Market Energy -77%. COPPER (Bear Extreme) and DXY currently sit on the same Bear 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 →

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