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BHP Stock is currently controlled by buyers, in the Bull Bias zone. Measured energy: +21.7%.
See the full 2AiTrading Model data for BHP on the BHP Stock overview →
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UP–DOWN statistics for Bull Bias BHP Stock Weekly
▸When BHP Stock is in Bull Bias:
- then BHP Stock moved to higher Market State: 25 times — 56.8%
- then BHP Stock moved to lower Market State: 19 times — 43.2%
▸Current BHP Stock market energy: 21.7%
- Distance to upper bound of Bull Bias (at 60%): 38.3%
- Distance to lower bound of Bull Bias (at 20.88%): 0.82%
"To truly understand anything, study its history" — 2AITRADING
BHP recorded in the Bull Bias energy level as the Weekly candle ended.
Per the 2AiTrading energy measurement system, Market Energy reading dropped -21.7%, moving from 43.4% to 21.7% after the Weekly candle.
Time in Bull Bias energy zone: 2 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.
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What state was BHP Stock on Weekly when this candle closed?
When the Weekly candle at 09:00 on 08-07-2024 closed, BHP Stock was in Bull Bias with Market Energy 21.7%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did BHP Stock Market Energy change from the previous candle?
Market Energy fell 21.7 percentage points from the previous candle — from 43.4% to 21.7%.
What state was BHP Stock in on the previous Weekly candle?
The previous Weekly candle had BHP Stock at 43.4%, Bull Bias — this candle kept the same state, no zone change.
Where does BHP Stock energy sit within the Bull Bias zone?
At 21.7%, BHP Stock is 38.3 points from the upper boundary of Bull Bias (60%) and 0.82 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 Bias with energy 54.8%; VN30 (VN30 basket) in Bull Extreme with energy 86.2%. Against this backdrop, BHP Stock (Bull Bias, 21.7%) 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 Bear Bias with Market Energy -23.3%. BHP Stock (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for BHP Stock.
Open Energy ChartSee the full 2AiTrading Model data for BHP on the BHP Stock overview →
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