Analysis

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Candle open
Price and energy
BAX Stock from 34.4 to 34.49, up 0.26%
Market Energy Neutral -19.8% to Neutral -2.9%, up 17.0 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 2.31%0.00%▼ 0.26%▲ 0.26%
Energy▲ 7.5▲ 11.7▲ 14.9▲ 17.0
Volatility trend chart · last 4 sessions
▲ 2.31%0.00%▼ 0.26%▲ 0.26%▲ 7.5▲ 11.7▲ 14.9▲ 17.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.26% — higher than 4% of past rises
0%255075100%
Energy up 17.0 pts — higher than 65% of past rises
RESEARCH

Trend of Neutral BAX Stock Weekly

Sample: 472 Weekly candles from 2017-03-27 to 2026-10-01
Number of Neutral occurrences: 31 times

▸When BAX Stock is in Neutral:

  • then BAX Stock moved to higher Market State: 17 times — 54.8%
  • then BAX Stock moved to lower Market State: 14 times — 45.2%

▸Current BAX Stock market energy: -2.85%

  • Distance to upper bound of Neutral (at 20.88%): 23.73%
  • Distance to lower bound of Neutral (at -20.88%): 18.03%

"Does history really repeat itself?" — 2AITRADING

BAX · W1 · 2024-05-20 02:00 UTC
Preview the last 30 candles — price and energy
View live BAX chart →
Market Energy
-19.8%
Neutral
-2.9%
Neutral
92.2%
Bull Extreme
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

After the Weekly candle closes, BAX reflects the Neutral level.

Per the 2AI model, Market Energy moved from -19.8% to -2.9%, up +17% from the previous candle.

Time in Neutral energy zone: 2 Weekly Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Not enough data in the past 5 days to show a range.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did BAX Stock price and energy show when this Weekly candle closed?

When the Weekly candle at 09:00 on 20-05-2024 closed, BAX Stock was at 34.49, up 0.26% from the previous candle (34.4). Market Energy was -2.9%, up 17.0 points from -19.8%, 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 Weekly candle, and how large is that historically?

BAX closed at 34.49, up 0.26% from the previous Weekly candle (34.4). This rise is larger than 4% of past rises on the Weekly timeframe for BAX, across 276 candles since 2019.

How did BAX Stock Market Energy change from the previous candle?

Market Energy rose 17 percentage points from the previous candle — from -19.8% to -2.9%. This rise is larger than 65% of past rises on the Weekly timeframe for BAX.

Do BAX price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was BAX Stock in on the previous Weekly candle?

The previous Weekly candle had BAX Stock at -19.8%, Neutral — this candle kept the same state, no zone change.

Where does BAX Stock energy sit within the Neutral zone?

At -2.9%, BAX Stock is 23.73 points from the upper boundary of Neutral (20.88%) and 18.03 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 Critical with energy 60.5%; VN30 (VN30 basket) in Bull Bias with energy 43.4%. Against this backdrop, BAX Stock (Neutral, -2.9%) 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 Critical with Market Energy -66.8%. BAX Stock energy is currently above DXY by 64 points.

Real-time Energy Chart

See the real-time energy chart for BAX Stock.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for BAX on the BAX Stock overview →

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