Analysis

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Candle open
Price and energy
BAX Stock from 34.75 to 35.88, up 3.25%
Market Energy Neutral 20.3% to Bull Bias 27.5%, up 7.2 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.47%▼ 4.00%▼ 0.77%▲ 3.25%
Energy▼ 0.4▼ 29.0▼ 35.1▲ 7.2
Volatility trend chart · last 4 sessions
▲ 0.47%▼ 4.00%▼ 0.77%▲ 3.25%▼ 0.4▼ 29.0▼ 35.1▲ 7.2
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 3.25% — higher than 51% of past rises
0%255075100%
Energy up 7.2 pts — higher than 41% of past rises
RESEARCH

Trend of Bull Bias BAX Stock Weekly

Sample: 472 Weekly candles from 2017-03-27 to 2026-10-01
Number of Bull Bias occurrences: 36 times

▸When BAX Stock is in Bull Bias:

  • then BAX Stock moved to higher Market State: 14 times — 38.9%
  • then BAX Stock moved to lower Market State: 22 times — 61.1%

▸Current BAX Stock market energy: 27.51%

  • Distance to upper bound of Bull Bias (at 60%): 32.49%
  • Distance to lower bound of Bull Bias (at 20.88%): 6.63%

"History always repeats itself, one way or another" — 2AITRADING

BAX · W1 · 2024-07-29 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
20.3%
Neutral
27.5%
Bull Bias
-47.0%
Bear Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Once measurement on the Weekly timeframe completes, BAX currently in trend energy leaning Bull.

Market energy measurement Market Energy reading rose +7.2%, moving from 20.3% to 27.5% after the Weekly candle.

Time in Bull Bias energy zone: 1 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 29-07-2024 closed, BAX Stock was at 35.88, up 3.25% from the previous candle (34.75). Market Energy was 27.5%, up 7.2 points from 20.3%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did BAX price move on this Weekly candle, and how large is that historically?

BAX closed at 35.88, up 3.25% from the previous Weekly candle (34.75). This rise is larger than 51% of past rises on the Weekly timeframe for BAX, across 286 candles since 2019.

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

Market Energy rose 7.2 percentage points from the previous candle — from 20.3% to 27.5%. This rise is larger than 41% 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 the candle that just closed; it does not say where price goes next.

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

The previous Weekly candle had BAX Stock at 20.3%, Neutral — when this candle closed, BAX Stock moved up to a higher zone: Neutral → Bull Bias.

Where does BAX Stock energy sit within the Bull Bias zone?

At 27.5%, BAX Stock is 32.49 points from the upper boundary of Bull Bias (60%) and 6.63 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull 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 Critical with energy 64.1%; VN30 (VN30 basket) in Bull Critical with energy 66.1%. Against this backdrop, BAX Stock (Bull Bias, 27.5%) 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 -58.7%. BAX Stock (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for BAX Stock.

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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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