·
| Price | ▼ 0.55% | ▲ 1.42% | ▲ 5.43% | ▼ 2.14% |
| Energy | ▼ 3.2 | ▲ 1.8 | ▲ 28.0 | ▼ 12.7 |
Trend of Bull Bias BMC Stock Weekly
▸When BMC Stock is in Bull Bias:
- then BMC Stock moved to higher Market State: 20 times — 31.7%
- then BMC Stock moved to lower Market State: 43 times — 68.3%
▸Current BMC Stock market energy: 53.09%
- Distance to upper bound of Bull Bias (at 60%): 6.91%
- Distance to lower bound of Bull Bias (at 20.88%): 32.21%
"History always repeats itself, one way or another" — 2AITRADING
As the Weekly candle closes, BMC currently in the Bull Bias energy state.
On the measurement side, Market Energy moved from 65.8% to 53.1%, down -12.7% from the previous candle.
Time in Bull Bias 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 BMC Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 22-07-2024 closed, BMC Stock was at 16.9, down 2.14% from the previous candle (17.27). Market Energy was 53.1%, down 12.7 points from 65.8%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did BMC price move on this Weekly candle, and how large is that historically?
BMC closed at 16.9, down 2.14% from the previous Weekly candle (17.27). This drop is larger than 39% of past drops on the Weekly timeframe for BMC, across 289 candles since 2019.
How did BMC Stock Market Energy change from the previous candle?
Market Energy fell 12.7 percentage points from the previous candle — from 65.8% to 53.1%. This drop is larger than 61% of past drops on the Weekly timeframe for BMC.
Do BMC 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 BMC Stock in on the previous Weekly candle?
The previous Weekly candle had BMC Stock at 65.8%, Bull Critical — when this candle closed, BMC Stock moved down to a lower zone: Bull Critical → Bull Bias.
Where does BMC Stock energy sit within the Bull Bias zone?
At 53.1%, BMC Stock is 6.91 points from the upper boundary of Bull Bias (60%) and 32.21 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Neutral with energy 2%; VN30 (VN30 basket) in Bull Bias with energy 33.2%. Against this backdrop, BMC Stock (Bull Bias, 53.1%) has higher energy than VNINDEX; sits in the same state zone as 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 19.8%. BMC Stock energy is currently above DXY by 33.3 points.
See the real-time energy chart for BMC Stock.
Open Energy ChartSee the full 2AiTrading Model data for BMC on the BMC Stock overview →
To jump to a symbol you're interested in, click .