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| Price | ▲ 1.42% | ▲ 5.43% | ▼ 2.14% | ▲ 6.39% |
| Energy | ▲ 1.8 | ▲ 28.0 | ▼ 12.7 | ▲ 4.9 |
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: 58%
- Distance to upper bound of Bull Bias (at 60%): 2%
- Distance to lower bound of Bull Bias (at 20.88%): 37.12%
"Let data guide you, but never trust it completely" — 2AITRADING
The system just recorded BMC in the Bull Bias level after the Weekly candle closed.
Per the 2AiTrading energy measurement system, A +4.9% change from the previous candle, Market Energy is now 58% (previous: 53.1%).
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.
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 29-07-2024 closed, BMC Stock was at 17.98, up 6.39% from the previous candle (16.9). Market Energy was 58%, up 4.9 points from 53.1%, 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 17.98, up 6.39% from the previous Weekly candle (16.9). This rise is larger than 74% of past rises on the Weekly timeframe for BMC, across 290 candles since 2019.
How did BMC Stock Market Energy change from the previous candle?
Market Energy rose 4.9 percentage points from the previous candle — from 53.1% to 58%. This rise is larger than 29% of past rises on the Weekly timeframe for BMC.
Do BMC 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 BMC Stock in on the previous Weekly candle?
The previous Weekly candle had BMC Stock at 53.1%, Bull Bias — this candle kept the same state, no zone change.
Where does BMC Stock energy sit within the Bull Bias zone?
At 58%, BMC Stock is 2 points from the upper boundary of Bull Bias (60%) and 37.12 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 Bull Critical with energy 64.1%; VN30 (VN30 basket) in Bull Critical with energy 66.1%. Against this backdrop, BMC Stock (Bull Bias, 58%) 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%. BMC Stock (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for BMC Stock.
Open Energy ChartSee the full 2AiTrading Model data for BMC on the BMC Stock overview →
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