Analysis

HK50 Index 22,953 points ↑0.16%: Bears very strong · 1H 17:00 Oct 22, 2026

·
Candle close
Price and energy
Open 22,915.4 · High 22,972 · Low 22,908.15 · Close 22,953 · Range (high − low) 63.85
HK50 Index closed at 22,953 points, up 37.7 (+0.16%) from 22,915.3.
Bull–Bear energy behind the price: the market moved from the Bear Extreme zone at -82.7% to Bear Critical at -72.3%, up 10.4 points.
Price and energy are moving up together.
Price and energy · last 4 candles
Price22,91322,91622,91522,953
Energy-93.6%-86.5%-82.7%-72.3%
Price change↓ 0.17%↑ 0.01%↓ 0.00%↑ 0.16%
Energy change↑ 3.9↑ 7.2↑ 3.8↑ 10.4
Volatility trend chart · last 4 sessions
↓ 0.17%↑ 0.01%↓ 0.00%↑ 0.16%↑ 3.9↑ 7.2↑ 3.8↑ 10.4
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.16% — higher than 64% of past rises
0%255075100%
Energy up 10.4 pts — higher than 56% of past rises
Knowledge

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

RESEARCH

Trend of Bear Critical HK50 Index 1H

Sample: 47,535 1H candles from 2017-05-02 to 2026-10-23
Number of Bear Critical occurrences: 2,252 times

▸When HK50 Index is in Bear Critical:

  • then HK50 Index moved to higher Market State: 1,570 times — 69.7%
  • then HK50 Index moved to lower Market State: 682 times — 30.3%

▸Current HK50 Index market energy: -72.3%

  • Distance to upper bound of Bear Critical (at -60%): 12.3%
  • Distance to lower bound of Bear Critical (at -74.5%): 2.2%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

HK50 · H1 · 2026-10-22 09:00 UTC
Preview the last 30 candles — price and energy
View live HK50 chart →
Market Energy
-82.7%
Bear Extreme
-72.3%
Bear Critical
-52.7%
Bear Bias
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

As the 1H candle completes, Market HK50 Index in Bear energy near extreme.

Looking at the energy level, Market Energy rose +10.4% from the previous session, from -82.7% to -72.3%.

Time in Bear Critical 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 17:00 on 22-10-2026, HK50 Index was at 22,953, up 0.16% from the previous candle (22,915.3). Market Energy was -72.3%, up 10.4 points from -82.7%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

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

HK50 closed at 22,953, up 0.16% from the previous 1H candle (22,915.3). This rise is larger than 64% of past rises on the 1H timeframe for HK50, across 41,251 candles since 2019.

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

Market Energy rose 10.4 percentage points from the previous candle — from -82.7% to -72.3%. This rise is larger than 56% 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 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 -82.7%, Bear Extreme — when this candle closed, HK50 Index moved up to a higher zone: Bear Extreme → Bear Critical.

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

At -72.3%, HK50 Index is 12.3 points from the upper boundary of Bear Critical (-60%) and 2.2 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 Bear Extreme with energy -93.5%; GER40 (European equities) in Bear Extreme with energy -81.5%. Against this backdrop, HK50 Index (Bear Critical, -72.3%) 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 Neutral with Market Energy 19.3%. HK50 Index energy is currently below DXY by 91.6 points.

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 →

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