Daily Close Methodology
DailyClose provides a standardized reference point for daily close times, previous close values, and session states across cryptocurrency, equity, and macro markets. This page explains how closes are defined and where the data comes from.
What Is the Daily Close?
The daily close is the price reference traders use to mark the end of a trading period and reset market bias. It serves as a reference point for comparing current price action against the previous period's closing value.
DailyClose displays current price, previous close values, and countdowns to common close times. These values are reference data, not signals, recommendations, or predictions.
Crypto Daily Close (UTC)
Crypto markets trade 24 hours a day, 7 days a week, so they do not have a traditional exchange close. Traders commonly use the 00:00 UTC candle boundary as the crypto daily close reference.
UTC is used because it avoids exchange and local-time bias. It gives Bitcoin, Ethereum, Solana, Chainlink, and other crypto assets a shared daily reference point across global markets.
The crypto weekly close is 00:00 UTC on Monday, the monthly close is 00:00 UTC on the 1st, and the yearly close is 00:00 UTC on January 1. In New York, 00:00 UTC is 8:00 PM ET during daylight saving time and 7:00 PM ET in winter.
Crypto prices and previous closes come from Coinbase USD daily candles, so the previous close shown is the close of the last completed UTC day. Close history tables use the same candles.
Equity & Index Daily Close
For traditional markets like stocks, ETFs, and some macro proxies, the daily close depends on market hours, exchange rules, holidays, and data-provider conventions. US equity sessions commonly close at 16:00 Eastern Time.
These markets operate on weekdays and close for market holidays. NYSE countdowns account for exchange holidays and 1:00 PM ET early closes. After-hours price movement can differ from the regular-session close, so DailyClose compares against the previous regular-session close.
Gold, silver, crude oil and the Dollar Index trade nearly around the clock on futures markets, from Sunday 6:00 PM ET to Friday 5:00 PM ET with a daily break. DailyClose uses 5:00 PM ET as their daily session close. Official futures settlement prices can be set at different times.
Data Sources
Crypto prices, previous closes and close history come from Coinbase USD daily candles. Stocks, indexes, futures and the Dollar Index come from public market data feeds. Quotes refresh about once a minute, and backup feeds are used automatically if a primary feed is unavailable.
Closing prices can differ slightly between exchanges and data vendors, and official futures settlement prices can differ from session closes. If every feed is temporarily unavailable, cards show the last known values with a delayed-data notice.
Instruments Shown
- S&P 500: shown via the SPY ETF, which is the most widely tracked S&P 500 vehicle but is not the index itself.
- Dollar Index: the ICE US Dollar Index (DXY) level.
- Gold, silver and crude oil: front-month futures (COMEX gold and silver, NYMEX WTI crude).
- 10-Year Treasury: the CBOE 10-Year Treasury yield index, shown as a percentage yield.
Session State (Bullish / Bearish / Flat)
Session states are descriptive classifications based on the current price relative to the previous daily close. These states are calculated using a threshold-based system:
Bullish Session
The current price is more than 0.1% above the previous daily close. This indicates upward price movement relative to the previous close.
Bearish Session
The current price is more than 0.1% below the previous daily close. This indicates downward price movement relative to the previous close.
Flat Session
The current price is within 0.1% of the previous daily close. This indicates minimal price change relative to the previous close.
Session states are descriptive only and do not imply future price direction, trading recommendations, or market predictions.