SHB D: Energy Zone Transition Trends
Candle open
- Study type
- Historical statistics
- Question answered
- Direction of market moves
- Principle
- Once a candle closes, its data is locked and never changes, so it can be observed over time
- Candles studied
- 3,639 SHB D candles
- Period
- 2012-03-21 – 2026-10-22 (14.6 years)
- Result
- 7-zone table below ↓
Concepts referenced in this study. Tap to explore each in the Knowledge Hub.
SHB — Bear Extreme — D
Occurrences: 95 times
Then moved up to a higher zone: 95 times — 100%
Then moved down to a lower zone: 0 times — 0%
SHB — Bear Critical — D
Occurrences: 132 times
Then moved up to a higher zone: 95 times — 72%
Then moved down to a lower zone: 37 times — 28%
SHB — Bear Bias — D
Occurrences: 273 times
Then moved up to a higher zone: 177 times — 64.8%
Then moved down to a lower zone: 96 times — 35.2%
SHB — Neutral — D
Occurrences: 299 times
Then moved up to a higher zone: 136 times — 45.5%
Then moved down to a lower zone: 163 times — 54.5%
SHB — Bull Bias — D
Occurrences: 246 times
Then moved up to a higher zone: 93 times — 37.8%
Then moved down to a lower zone: 153 times — 62.2%
SHB — Bull Critical — D
◉ CURRENT CANDLEOccurrences: 152 times
Then moved up to a higher zone: 41 times — 27%
Then moved down to a lower zone: 111 times — 73%
Distance to upper bound of Bull Critical (at 74.5%): 9.54 points
Distance to lower bound of Bull Critical (at 60%): 4.96 points
SHB — Bull Extreme — D
Occurrences: 124 times
Then moved up to a higher zone: 0 times — 0%
Then moved down to a lower zone: 124 times — 100%
What is the trend of SHB?
Historically, when SHB was in the Bull Critical zone, the market moved up to a higher zone 27% of the time and down to a lower zone 73% of the time (across 152 observations).
Where is the market within its current zone?
The Bull Critical zone spans 60% to 74.5%. The market is at 64.96%, 9.54 points from the upper bound and 4.96 points from the lower bound — closer to the lower bound of the zone.
How are these statistics calculated?
Each closed candle carries an energy state. A transition is counted when the next candle carries a DIFFERENT state; moving up means a higher-energy zone, moving down a lower one. Percentages are frequencies observed across the full sample.
Where does the data come from and how many candles?
The sample contains 3,639 candles from 2012-03-21 to 2026-10-22, computed with 2AiTrading's proprietary Market Energy model. Data is captured at candle close and locked immutable over time to keep the statistics stable.
Are these numbers a prediction?
No. These are historical frequencies describing SHB's past behavior — not future probabilities and not buy/sell advice. Investors should combine them with their own trading method and do full research before applying.
What are the 7 market energy states?
Market Energy measures the market on a -100% to +100% scale, split into 7 zones from Bear Extreme to Bull Extreme; every closed candle belongs to exactly one zone.
See all 7 Market States →To jump to a symbol you're interested in, click .