Analysis

HK50 Index 23,720.2 points ↑0.06%: Bulls have the edge · 1H 20:00 Oct 21, 2026

·
Candle close
Price and energy
Open 23,705.2 · High 23,721.2 · Low 23,689.7 · Close 23,720.2 · Range (high − low) 31.5
HK50 Index closed at 23,720.2 points, up 14.5 (+0.06%) from 23,705.7.
Bull–Bear energy behind the price: the market moved from the Neutral zone at 13.8% to Bull Bias at 50.7%, up 36.9 points.
Fourth straight up candle, price and energy are moving up together.
Price and energy · last 4 candles
Price23,66623,70123,70623,720
Energy-88.5%-36.8%13.8%50.7%
Price change↑ 0.25%↑ 0.15%↑ 0.02%↑ 0.06%
Energy change↑ 10.1↑ 51.7↑ 50.6↑ 36.9
Volatility trend chart · last 4 sessions
↑ 0.25%↑ 0.15%↑ 0.02%↑ 0.06%↑ 10.1↑ 51.7↑ 50.6↑ 36.9
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.06% — higher than 32% of past rises
0%255075100%
Energy up 36.9 pts — higher than 88% of past rises
Knowledge

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

RESEARCH

Trend of Bull Bias HK50 Index 1H

Sample: 47,496 1H candles from 2017-05-02 to 2026-10-21
Number of Bull Bias occurrences: 3,424 times

▸When HK50 Index is in Bull Bias:

  • then HK50 Index moved to higher Market State: 1,413 times — 41.3%
  • then HK50 Index moved to lower Market State: 2,011 times — 58.7%

▸Current HK50 Index market energy: 50.73%

  • Distance to upper bound of Bull Bias (at 60%): 9.27%
  • Distance to lower bound of Bull Bias (at 20.88%): 29.85%

"A person's history reveals more than you might think" — 2AITRADING

HK50 · H1 · 2026-10-21 12:00 UTC
Preview the last 30 candles — price and energy
View live HK50 chart →
Market Energy
13.8%
Neutral
50.7%
Bull Bias
17.5%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Bull Bias recorded from just-completed 1H candle data for HK50 Index.

The HK50 market at session end, Market Energy rose +36.9% from the previous candle, from 13.8% to 50.7%.

Time in Bull Bias energy zone: 1 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, HK50 Index Market Energy ranged from -100 to 94.9.

Frequently asked questions

What did HK50 Index price and energy show when this 1H candle closed?

When the 1H candle closed at 20:00 on 21-10-2026, HK50 Index was at 23,720.2, up 0.06% from the previous candle (23,705.7). Market Energy was 50.7%, up 36.9 points from 13.8%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did HK50 price move on this 1H candle, and how large is that historically?

HK50 closed at 23,720.2, up 0.06% from the previous 1H candle (23,705.7). This rise is larger than 32% of past rises on the 1H timeframe for HK50, across 41,230 candles since 2019.

How did HK50 Index Market Energy change from the previous candle?

Market Energy rose 36.9 percentage points from the previous candle — from 13.8% to 50.7%. This rise is larger than 88% of past rises on the 1H timeframe for HK50.

Do HK50 price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was HK50 Index in on the previous 1H candle?

The previous 1H candle had HK50 Index at 13.8%, Neutral — when this candle closed, HK50 Index moved up to a higher zone: Neutral → Bull Bias.

Where does HK50 Index energy sit within the Bull Bias zone?

At 50.7%, HK50 Index is 9.27 points from the upper boundary of Bull Bias (60%) and 29.85 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Bias with energy 23.8%; GER40 (European equities) in Bull Extreme with energy 98.1%. Against this backdrop, HK50 Index (Bull Bias, 50.7%) lower than GER40; sits in the same state zone as SPX500.

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 -78.9%. HK50 Index (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for HK50 Index.

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 HK50 on the HK50 Index overview →

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