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| Price | ▼ 2.25% | 0.00% | ▲ 1.56% | ▼ 1.33% |
| Energy | ▼ 109.6 | ▲ 13.6 | ▲ 65.6 | ▼ 13.3 |
Trend of Neutral BAX Stock Daily
▸When BAX Stock is in Neutral:
- then BAX Stock moved to higher Market State: 39 times — 54.9%
- then BAX Stock moved to lower Market State: 32 times — 45.1%
▸Current BAX Stock market energy: -10.69%
- Distance to upper bound of Neutral (at 20.88%): 31.57%
- Distance to lower bound of Neutral (at -20.88%): 10.19%
"To truly understand anything, study its history" — 2AITRADING
As the Daily candle closes, BAX Stock classified as balanced trend energy.
Per the 2AiTrading energy measurement system, Market Energy reading dropped -13.3%, moving from 2.6% to -10.7% after the Daily candle.
Time in Neutral energy zone: 2 Daily 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.
Over the past 5 days, BAX Stock Market Energy ranged from -76.6 to +2.6.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did BAX Stock price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 21-05-2020 closed, BAX Stock was at 23.06, down 1.33% from the previous candle (23.37). Market Energy was -10.7%, down 13.3 points from 2.6%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did BAX price move on this Daily candle, and how large is that historically?
BAX closed at 23.06, down 1.33% from the previous Daily candle (23.37). This drop is larger than 35% of past drops on the Daily timeframe for BAX, across 343 candles since 2019.
How did BAX Stock Market Energy change from the previous candle?
Market Energy fell 13.3 percentage points from the previous candle — from 2.6% to -10.7%. This drop is larger than 65% of past drops on the Daily timeframe for BAX.
Do BAX price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was BAX Stock in on the previous Daily candle?
The previous Daily candle had BAX Stock at 2.6%, Neutral — this candle kept the same state, no zone change.
Where does BAX Stock energy sit within the Neutral zone?
At -10.7%, BAX Stock is 31.57 points from the upper boundary of Neutral (20.88%) and 10.19 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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: VNINDEX (Vietnam equities) in Bull Extreme with energy 98.4%; VN30 (VN30 basket) in Bull Extreme with energy 100%. Against this backdrop, BAX Stock (Neutral, -10.7%) 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 Bear Bias with Market Energy -24%. BAX Stock energy is currently above DXY by 13.3 points.
See the real-time energy chart for BAX Stock.
Open Energy ChartSee the full 2AiTrading Model data for BAX on the BAX Stock overview →
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