Analysis

WHEAT 636.24 ↑0.57%: Bulls & Bears in a tug-of-war · 1H 23:00 Oct 23, 2026

·
Candle close
Price and energy
Open 632.49 · High 636.74 · Low 631.99 · Close 636.24 · Range (high − low) 4.75
WHEAT closed at 636.24, up 3.63 (+0.57%) from 632.61.
Bull–Bear energy behind the price: the market moved from the Neutral zone at -20.0% to Neutral at 2.5%, up 22.4 points.
Price and energy are moving up together.
Price and energy · last 4 candles
Price634.49636.24632.61636.24
Energy32.4%66.7%-20.0%2.5%
Price change↑ 0.08%↑ 0.28%↓ 0.57%↑ 0.57%
Energy change↑ 46.0↑ 34.3↓ 86.7↑ 22.4
Volatility trend chart · last 4 sessions
↑ 0.08%↑ 0.28%↓ 0.57%↑ 0.57%↑ 46.0↑ 34.3↓ 86.7↑ 22.4
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.57% — higher than 89% of past rises
0%255075100%
Energy up 22.4 pts — higher than 74% of past rises
Knowledge

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

RESEARCH

Trend of Neutral WHEAT 1H

Sample: 15,338 1H candles from 2023-07-26 to 2026-10-23
Number of Neutral occurrences: 1,141 times

▸When WHEAT is in Neutral:

  • then WHEAT moved to higher Market State: 540 times — 47.3%
  • then WHEAT moved to lower Market State: 601 times — 52.7%

▸Current WHEAT market energy: 2.46%

  • Distance to upper bound of Neutral (at 20.88%): 18.42%
  • Distance to lower bound of Neutral (at -20.88%): 23.34%

"Let data guide you, but never trust it completely" — 2AITRADING

WHEAT · H1 · 2026-10-23 15:00 UTC
Preview the last 30 candles — price and energy
View live WHEAT chart →
Market Energy
-20.0%
Neutral
2.5%
Neutral
7.8%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

The system just recorded WHEAT in the neutral energy level after the 1H candle closed.

Observing the WHEAT market this session, The energy level rose +22.4%: from -20% now at 2.5%.

Time in Neutral 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, WHEAT Market Energy ranged from -99.8 to 92.8.

Frequently asked questions

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

When the 1H candle closed at 23:00 on 23-10-2026, WHEAT was at 636.24, up 0.57% from the previous candle (632.61). Market Energy was 2.5%, up 22.4 points from -20%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

WHEAT closed at 636.24, up 0.57% from the previous 1H candle (632.61). This rise is larger than 89% of past rises on the 1H timeframe for WHEAT, across 15,344 candles since 2019.

How did WHEAT Market Energy change from the previous candle?

Market Energy rose 22.4 percentage points from the previous candle — from -20% to 2.5%. This rise is larger than 74% of past rises on the 1H timeframe for WHEAT.

Do WHEAT 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 WHEAT in on the previous 1H candle?

The previous 1H candle had WHEAT at -20%, Neutral — this candle kept the same state, no zone change.

Where does WHEAT energy sit within the Neutral zone?

At 2.5%, WHEAT is 18.42 points from the upper boundary of Neutral (20.88%) and 23.34 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 Critical with energy 74.5%; GER40 (European equities) in Neutral with energy 17.2%. Against this backdrop, WHEAT (Neutral, 2.5%) lower than SPX500; sits in the same state zone as 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 -2.1%. WHEAT energy is currently above DXY by 4.5 points.

Real-time Energy Chart

See the real-time energy chart for WHEAT.

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 WHEAT on the WHEAT overview →

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