Analysis

HK50 Index 23,106.8 points ↓0.18%: Bulls have the edge · 1H 02:00 Oct 23, 2026

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Candle close
Price and energy
Open 23,148 · High 23,149.5 · Low 23,097.65 · Close 23,106.8 · Range (high − low) 51.85
HK50 Index closed at 23,106.8 points, down 40.7 (-0.18%) from 23,147.5.
Bull–Bear energy behind the price: the market moved from the Bull Critical zone at 68.6% to Bull Bias at 51.7%, down 16.9 points.
Price and energy are moving down together.
Price and energy · last 4 candles
Price23,11723,14223,14823,107
Energy66.5%70.1%68.6%51.7%
Price change↑ 0.08%↑ 0.11%↑ 0.02%↓ 0.18%
Energy change↓ 9.2↑ 3.6↓ 1.5↓ 16.9
Volatility trend chart · last 4 sessions
↑ 0.08%↑ 0.11%↑ 0.02%↓ 0.18%↓ 9.2↑ 3.6↓ 1.5↓ 16.9
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.18% — higher than 64% of past drops
0%255075100%
Energy down 16.9 pts — higher than 71% of past drops
Knowledge

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

RESEARCH

Trend of Bull Bias HK50 Index 1H

Sample: 47,520 1H candles from 2017-05-02 to 2026-10-22
Number of Bull Bias occurrences: 3,425 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: 2,012 times — 58.7%

▸Current HK50 Index market energy: 51.73%

  • Distance to upper bound of Bull Bias (at 60%): 8.27%
  • Distance to lower bound of Bull Bias (at 20.88%): 30.85%

"Does history really repeat itself?" — 2AITRADING

HK50 · H1 · 2026-10-22 18:00 UTC
Preview the last 30 candles — price and energy
View live HK50 chart →
Market Energy
68.6%
Bull Critical
51.7%
Bull Bias
56.7%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Bull Bias determined for HK50 Index through the 1H candle data.

Market trend on the 2AiTrading energy system Market Energy dropped -16.9% from the previous candle, from 68.6% to 51.7%.

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 02:00 on 23-10-2026, HK50 Index was at 23,106.8, down 0.18% from the previous candle (23,147.5). Market Energy was 51.7%, down 16.9 points from 68.6%, 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 23,106.8, down 0.18% from the previous 1H candle (23,147.5). This drop is larger than 64% of past drops on the 1H timeframe for HK50, across 41,260 candles since 2019.

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

Market Energy fell 16.9 percentage points from the previous candle — from 68.6% to 51.7%. This drop is larger than 71% of past drops on the 1H timeframe for HK50.

Do HK50 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 HK50 Index in on the previous 1H candle?

The previous 1H candle had HK50 Index at 68.6%, Bull Critical — when this candle closed, HK50 Index moved down to a lower zone: Bull Critical → Bull Bias.

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

At 51.7%, HK50 Index is 8.27 points from the upper boundary of Bull Bias (60%) and 30.85 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 Bear Critical with energy -67.9%; GER40 (European equities) in Bear Bias with energy -46%. Against this backdrop, HK50 Index (Bull Bias, 51.7%) 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 Bear Critical with Market Energy -65.6%. 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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