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| Price | ▼ 0.47% | ▲ 0.47% | ▼ 4.00% | ▼ 0.77% |
| Energy | ▼ 10.1 | ▼ 0.4 | ▼ 29.0 | ▼ 35.1 |
Trend of Neutral BAX Stock Weekly
▸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: 20.28%
- Distance to upper bound of Neutral (at 20.88%): 0.6%
- Distance to lower bound of Neutral (at -20.88%): 41.16%
"History always repeats itself, one way or another" — 2AITRADING
After the Weekly candle closes, BAX currently in the Neutral state.
On trend energy, Market Energy dropped -35.1% from the previous candle, from 55.4% to 20.3%.
Time in Neutral energy zone: 1 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 BAX Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 22-07-2024 closed, BAX Stock was at 34.75, down 0.77% from the previous candle (35.02). Market Energy was 20.3%, down 35.1 points from 55.4%, 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 34.75, down 0.77% from the previous Weekly candle (35.02). This drop is larger than 18% of past drops on the Weekly timeframe for BAX, across 285 candles since 2019.
How did BAX Stock Market Energy change from the previous candle?
Market Energy fell 35.1 percentage points from the previous candle — from 55.4% to 20.3%. This drop is larger than 86% of past drops on the Weekly timeframe for BAX.
Do BAX 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 BAX Stock in on the previous Weekly candle?
The previous Weekly candle had BAX Stock at 55.4%, Bull Bias — when this candle closed, BAX Stock moved down to a lower zone: Bull Bias → Neutral.
Where does BAX Stock energy sit within the Neutral zone?
At 20.3%, BAX Stock is 0.6 points from the upper boundary of Neutral (20.88%) and 41.16 points from the lower boundary (-20.88%) — so energy sits closer to the upper 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 Neutral with energy 2%; VN30 (VN30 basket) in Bull Bias with energy 33.2%. Against this backdrop, BAX Stock (Neutral, 20.3%) lower than VN30; sits in the same state zone as VNINDEX.
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 Neutral with Market Energy 19.8%. BAX Stock energy is currently above DXY by 0.5 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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