Analysis

·

Candle close
Price and energy
BHP Stock from 6.75 to 5.87, down 13.04%
Market Energy Bull Extreme 86.7% to Bear Bias -35.7%, down 122.5 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.00%0.00%▼ 13.04%
Energy▼ 0.0▲ 0.0▼ 0.0▼ 122.5
Volatility trend chart · last 4 sessions
0.00%0.00%0.00%▼ 13.04%▼ 0.0▲ 0.0▼ 0.0▼ 122.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 13.04% — higher than 92% of past drops
0%255075100%
Energy down 122.5 pts — higher than 95% 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: -35.72%

  • Distance to upper bound of Bear Bias (at -20.88%): 14.84%
  • Distance to lower bound of Bear Bias (at -60%): 24.28%

"Does history really repeat itself?" — 2AITRADING

BHP · H1 · 2024-07-12 02:00 UTC
Preview the last 30 candles — price and energy
View live BHP chart →
Market Energy
86.7%
Bull Extreme
-35.7%
Bear Bias
-20.0%
Neutral
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

As the 1H candle completes, BHP recorded in Bear Bias.

Per the 2AI model, Market Energy dropped -122.5% from the previous session, from 86.7% to -35.7%.

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 -35.7 to +86.7.

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 12-07-2024 closed, BHP Stock was at 5.87, down 13.04% from the previous candle (6.75). Market Energy was -35.7%, down 122.5 points from 86.7%, 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 5.87, down 13.04% from the previous 1H candle (6.75). This drop is larger than 92% of past drops on the 1H timeframe for BHP, across 149 candles since 2019.

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

Market Energy fell 122.5 percentage points from the previous candle — from 86.7% to -35.7%. This drop is larger than 95% of past drops on the 1H timeframe for BHP.

Do BHP price and energy agree?

Yes. Both price and energy moved down on this candle. 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 86.7%, Bull Extreme — when this candle closed, BHP Stock moved down to a lower zone: Bull Extreme → Bear Bias.

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

At -35.7%, BHP Stock is 14.84 points from the upper boundary of Bear Bias (-20.88%) and 24.28 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 Bear Extreme with energy -82.1%; VN30 (VN30 basket) in Bear Extreme with energy -89.1%. Against this backdrop, BHP Stock (Bear Bias, -35.7%) has higher energy 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 -37.8%. BHP Stock (Bear Bias) and DXY currently sit on the same Bear side.

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 →

To jump to a symbol you're interested in, click .