Analysis

·

Candle close
Price and energy
BHP Stock from 5.87 to 5.19, down 11.58%
Market Energy Bull Bias 43.3% to Bear Bias -22.5%, down 65.8 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 3.35%▼ 14.99%▲ 17.64%▼ 11.58%
Energy▼ 32.5▼ 95.6▲ 72.8▼ 65.8
Volatility trend chart · last 4 sessions
▲ 3.35%▼ 14.99%▲ 17.64%▼ 11.58%▼ 32.5▼ 95.6▲ 72.8▼ 65.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 11.58% — higher than 79% of past drops
0%255075100%
Energy down 65.8 pts — higher than 88% of past drops
RESEARCH

Trend of Bear Bias BHP Stock 1H

Sample: 569 1H candles from 2023-08-02 to 2026-09-25
Number of Bear Bias occurrences: 33 times

▸When BHP Stock is in Bear Bias:

  • then BHP Stock moved to higher Market State: 18 times — 54.5%
  • then BHP Stock moved to lower Market State: 15 times — 45.5%

▸Current BHP Stock market energy: -22.48%

  • Distance to upper bound of Bear Bias (at -20.88%): 1.6%
  • Distance to lower bound of Bear Bias (at -60%): 37.52%

"Does history really repeat itself?" — 2AITRADING

BHP · H1 · 2024-07-09 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
43.3%
Bull Bias
-22.5%
Bear Bias
56.5%
Bull Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

BHP processing result: the energy zone leaning Bear after the 1H candle closed.

The market energy reading Market Energy reading dropped -65.8%, moving from 43.3% to -22.5% after the 1H candle.

Time in Bear Bias energy zone: 1 1H 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

Over the past 5 days, BHP Stock Market Energy ranged from -29.5 to +66.1.

Knowledge

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

Frequently asked questions

What did BHP Stock price and energy show when this 1H candle closed?

When the 1H candle at 09:00 on 09-07-2024 closed, BHP Stock was at 5.19, down 11.58% from the previous candle (5.87). Market Energy was -22.5%, down 65.8 points from 43.3%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did BHP price move on this 1H candle, and how large is that historically?

BHP closed at 5.19, down 11.58% from the previous 1H candle (5.87). This drop is larger than 79% of past drops on the 1H timeframe for BHP, across 143 candles since 2019.

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

Market Energy fell 65.8 percentage points from the previous candle — from 43.3% to -22.5%. This drop is larger than 88% of past drops on the 1H timeframe for BHP.

Do BHP 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 BHP Stock in on the previous 1H candle?

The previous 1H candle had BHP Stock at 43.3%, Bull Bias — when this candle closed, BHP Stock moved down to a lower zone: Bull Bias → Bear Bias.

Where does BHP Stock energy sit within the Bear Bias zone?

At -22.5%, BHP Stock is 1.6 points from the upper boundary of Bear Bias (-20.88%) and 37.52 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Bias with energy 44.1%; VN30 (VN30 basket) in Bull Bias with energy 52.6%. Against this backdrop, BHP Stock (Bear Bias, -22.5%) 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 Neutral with Market Energy 17.7%. BHP Stock energy is currently below DXY by 40.2 points.

Real-time Energy Chart

See the real-time energy chart for BHP 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 BHP on the BHP Stock overview →

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