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| Price | ▼ 2.86% | ▲ 1.47% | ▲ 1.93% | ▼ 6.45% |
| Energy | ▼ 29.7 | ▼ 3.5 | ▲ 12.5 | ▼ 13.3 |
Trend of Bear Bias AAM Stock Weekly
▸When AAM Stock is in Bear Bias:
- then AAM Stock moved to higher Market State: 44 times — 91.7%
- then AAM Stock moved to lower Market State: 4 times — 8.3%
▸Current AAM Stock market energy: -46%
- Distance to upper bound of Bear Bias (at -20.88%): 25.12%
- Distance to lower bound of Bear Bias (at -60%): 14%
"Let data guide you, but never trust it completely" — 2AITRADING
Observing the completed Weekly candle, AAM in trend energy leaning Bear.
Per the 2AiTrading energy measurement system, Market Energy dropped -13.3% from the previous session, from -32.7% to -46%.
Time in Bear Bias energy zone: 4 Weekly Candle
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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did AAM Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 23-10-2023 closed, AAM Stock was at 9.87, down 6.45% from the previous candle (10.55). Market Energy was -46%, down 13.3 points from -32.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did AAM price move on this Weekly candle, and how large is that historically?
AAM closed at 9.87, down 6.45% from the previous Weekly candle (10.55). This drop is larger than 90% of past drops on the Weekly timeframe for AAM, across 250 candles since 2019.
How did AAM Stock Market Energy change from the previous candle?
Market Energy fell 13.3 percentage points from the previous candle — from -32.7% to -46%. This drop is larger than 73% of past drops on the Weekly timeframe for AAM.
Do AAM price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was AAM Stock in on the previous Weekly candle?
The previous Weekly candle had AAM Stock at -32.7%, Bear Bias — this candle kept the same state, no zone change.
Where does AAM Stock energy sit within the Bear Bias zone?
At -46%, AAM Stock is 25.12 points from the upper boundary of Bear Bias (-20.88%) and 14 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear Bias definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: VNINDEX (Vietnam equities) in Bull Extreme with energy 92.3%; VN30 (VN30 basket) in Bull Extreme with energy 85.7%. Against this backdrop, AAM Stock (Bear Bias, -46%) lower than VNINDEX, VN30.
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 Bull Bias with Market Energy 22.3%. AAM Stock (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for AAM Stock.
Open Energy ChartSee the full 2AiTrading Model data for AAM on the AAM Stock overview →
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