ETH Volatility Analysis for Durable Orders, 25th May 2022

Data Analysis

Measured by Clometrix

Ethereum's volatility ratio was 1.94x, against 1.34x for a typical Durable Orders release since 2021. Its volume ratio was 1.58x, against a typical 1.57x. That is a strong reaction by this release's own standard. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.

How Ethereum moved

Ethereum was at $1,941.04 when the figure came out. Fifteen minutes later it was 0.45% higher, and an hour later 0.52% higher. Its high-to-low range in the hour after was 1.19% of its price, against 0.86% in the hour before.

The release

Released by the Bureau of Census on 25 May 2022 at 8:30 AM EDT. Durable Goods Orders came in at 0.6% for April 2022, against 0.2% in March 2022. Durable goods orders are rising faster than before.

It arrived at the same moment as Durable Goods Orders Excluding Transportation, so the reaction measured on this page belongs to all of them together.

What made it matter

Since 2021, Durable Orders releases in the two weeks before a Fed decision have moved Ethereum more than those at other times: a median volatility ratio of 1.66x across 19, against 1.30x across 49. This one was not within two weeks of a Fed decision. Its own ratio of 1.94x compares with 1.30x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 68 Durable Orders releases since 2021, Ethereum's median volatility ratio is 1.34x.

About Durable Goods Orders

The U.S. Census Bureau publishes the Durable Goods Orders report every month. Durable goods orders reflect new orders placed with domestic manufacturers for delivery of long-lasting manufactured goods (durable goods) in the near term or future. The change in the total value of new orders is measured and shared with the public in two releases per month: the advance report on durable goods and the manufacturers' shipments, inventories, and orders.

Disclaimer

The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.

ETH-USDT

Ethereum

Open

1,976.56

1,961.61

24h Change

-14.95 (-0.76%)

24h High

2,022.34

24h Low

1,934.61

24h Volume

527,335 ETH

US Durable Goods Orders

Bureau of Census

25th May, 2022, 8:30AM Timezone: America/New York

Chart Data from Binance

Observations

Time	Open	High	Low	Close	Change	Amplitude	Volume

1 Minute
Before	1945.20	1945.60	1940.93	1941.04	-0.21%	0.24%	578 ETH
During	1941.04	1942.91	1938.10	1942.53	0.08%	0.25%	920 ETH

5 Minutes
Before	1947.57	1949.42	1940.93	1941.04	-0.34%	0.44%	2,216 ETH
During	1941.04	1949.92	1938.10	1949.24	0.42%	0.61%	2,315 ETH

10 Minutes
Before	1948.15	1949.42	1940.93	1941.04	-0.37%	0.44%	3,143 ETH
During	1941.04	1954.09	1938.10	1951.15	0.52%	0.82%	4,826 ETH

15 Minutes
Before	1949.02	1950.54	1940.93	1941.04	-0.41%	0.49%	4,935 ETH
During	1941.04	1954.09	1938.10	1949.73	0.45%	0.82%	6,748 ETH

30 Minutes
Before	1944.08	1950.54	1934.61	1941.04	-0.16%	0.82%	14,307 ETH
During	1941.04	1960.02	1938.10	1957.67	0.85%	1.12%	17,027 ETH

1 Hour
Before	1949.40	1951.35	1934.61	1941.04	-0.43%	0.86%	27,066 ETH
During	1941.04	1961.11	1938.10	1951.20	0.52%	1.17%	25,426 ETH

2 Hours
Before	1971.55	1971.56	1934.61	1941.04	-1.57%	1.87%	45,687 ETH
During	1941.04	1985.75	1938.10	1979.50	1.94%	2.40%	86,366 ETH

4 Hours
Before	1975.27	1981.98	1934.61	1941.04	-1.76%	2.39%	80,793 ETH
During	1941.04	1985.75	1938.10	1950.66	0.49%	2.40%	137,949 ETH

6 Hours
Before	1977.79	1988.05	1934.61	1941.04	-1.89%	2.69%	108,357 ETH
During	1941.04	1985.75	1938.10	1976.46	1.79%	2.40%	198,433 ETH

8 Hours
Before	1976.56	2022.34	1961.47	1975.26	-0.07%	3.01%	141,268 ETH
During	1975.27	1985.75	1934.61	1950.66	-1.26%	2.58%	218,742 ETH

12 Hours
Before	1976.56	2022.34	1934.61	1941.04	-1.83%	4.34%	222,061 ETH
During	1941.04	1985.75	1938.10	1961.61	1.05%	2.40%	305,275 ETH