Analysis

HK50 Index 23,661.7 points ↑0.1%: Bears have the edge · 1H 01:00 Oct 22, 2026

·
Candle close
Price and energy
Open 23,637.2 · High 23,664.2 · Low 23,632.7 · Close 23,661.7 · Range (high − low) 31.5
HK50 Index closed at 23,661.7 points, up 24 (+0.10%) from 23,637.7.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -58.1% to Bear Bias at -39.3%, up 18.8 points.
Third straight up candle, price and energy are moving up together.
Price and energy · last 4 candles
Price23,60123,61223,63823,662
Energy-83.3%-75.5%-58.1%-39.3%
Price change↓ 0.34%↑ 0.05%↑ 0.11%↑ 0.10%
Energy change↓ 100.8↑ 7.7↑ 17.4↑ 18.8
Volatility trend chart · last 4 sessions
↓ 0.34%↑ 0.05%↑ 0.11%↑ 0.10%↓ 100.8↑ 7.7↑ 17.4↑ 18.8
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.10% — higher than 47% of past rises
0%255075100%
Energy up 18.8 pts — higher than 74% of past rises
Knowledge

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

RESEARCH

Trend of Bear Bias HK50 Index 1H

Sample: 47,492 1H candles from 2017-05-02 to 2026-10-21
Number of Bear Bias occurrences: 3,362 times

▸When HK50 Index is in Bear Bias:

  • then HK50 Index moved to higher Market State: 2,007 times — 59.7%
  • then HK50 Index moved to lower Market State: 1,355 times — 40.3%

▸Current HK50 Index market energy: -39.3%

  • Distance to upper bound of Bear Bias (at -20.88%): 18.42%
  • Distance to lower bound of Bear Bias (at -60%): 20.7%

"Does history really repeat itself?" — 2AITRADING

HK50 · H1 · 2026-10-21 17:00 UTC
Preview the last 30 candles — price and energy
View live HK50 chart →
Market Energy
-58.1%
Bear Bias
-39.3%
Bear Bias
-58.6%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

After the 1H candle closes, HK50 Index within the Bear Bias zone.

Meanwhile, Market Energy at -39.3%, up +18.8% from -58.1% in the previous candle.

Time in Bear Bias 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, 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 01:00 on 22-10-2026, HK50 Index was at 23,661.7, up 0.1% from the previous candle (23,637.7). Market Energy was -39.3%, up 18.8 points from -58.1%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

HK50 closed at 23,661.7, up 0.1% from the previous 1H candle (23,637.7). This rise is larger than 47% of past rises on the 1H timeframe for HK50, across 41,235 candles since 2019.

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

Market Energy rose 18.8 percentage points from the previous candle — from -58.1% to -39.3%. This rise is larger than 74% of past rises on the 1H timeframe for HK50.

Do HK50 price and energy agree?

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

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

The previous 1H candle had HK50 Index at -58.1%, Bear Bias — this candle kept the same state, no zone change.

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

At -39.3%, HK50 Index is 18.42 points from the upper boundary of Bear Bias (-20.88%) and 20.7 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.

What does Bear Bias mean?

Bear 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 Bear 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 Extreme with energy 88.6%; GER40 (European equities) in Bull Extreme with energy 74.8%. Against this backdrop, HK50 Index (Bear Bias, -39.3%) 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 Bias with Market Energy -36.7%. HK50 Index (Bear Bias) and DXY currently sit on the same Bear side.

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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