Analysis

·

Candle open
Price and energy
BMP Stock from 62.66 to 61.11, down 2.47%
Market Energy Bear Bias -26.2% to Bear Bias -48.3%, down 22.1 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 3.03%▲ 3.95%▼ 7.70%▼ 2.47%
Energy▲ 9.9▲ 33.2▼ 32.5▼ 22.1
Volatility trend chart · last 4 sessions
▲ 3.03%▲ 3.95%▼ 7.70%▼ 2.47%▲ 9.9▲ 33.2▼ 32.5▼ 22.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 2.47% — higher than 61% of past drops
0%255075100%
Energy down 22.1 pts — higher than 77% of past drops
RESEARCH

Trend of Bear Bias BMP Stock Weekly

Sample: 750 Weekly candles from 2012-03-26 to 2026-09-28
Number of Bear Bias occurrences: 47 times

▸When BMP Stock is in Bear Bias:

  • then BMP Stock moved to higher Market State: 34 times — 72.3%
  • then BMP Stock moved to lower Market State: 13 times — 27.7%

▸Current BMP Stock market energy: -48.27%

  • Distance to upper bound of Bear Bias (at -20.88%): 27.39%
  • Distance to lower bound of Bear Bias (at -60%): 11.73%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

BMP · W1 · 2023-10-23 02:00 UTC
Preview the last 30 candles — price and energy
View live BMP chart →
Market Energy
-26.2%
Bear Bias
-48.3%
Bear Bias
-18.7%
Neutral
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

After the Weekly data updates, BMP within energy leaning Bear.

Market energy measurement Market Energy dropped -22.1% from the previous candle, from -26.2% to -48.3%.

Time in Bear Bias energy zone: 2 Weekly 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

Not enough data in the past 5 days to show a range.

Knowledge

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

Frequently asked questions

What did BMP Stock price and energy show when this Weekly candle closed?

When the Weekly candle at 09:00 on 23-10-2023 closed, BMP Stock was at 61.11, down 2.47% from the previous candle (62.66). Market Energy was -48.3%, down 22.1 points from -26.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did BMP price move on this Weekly candle, and how large is that historically?

BMP closed at 61.11, down 2.47% from the previous Weekly candle (62.66). This drop is larger than 61% of past drops on the Weekly timeframe for BMP, across 250 candles since 2019.

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

Market Energy fell 22.1 percentage points from the previous candle — from -26.2% to -48.3%. This drop is larger than 77% of past drops on the Weekly timeframe for BMP.

Do BMP 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 BMP Stock in on the previous Weekly candle?

The previous Weekly candle had BMP Stock at -26.2%, Bear Bias — this candle kept the same state, no zone change.

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

At -48.3%, BMP Stock is 27.39 points from the upper boundary of Bear Bias (-20.88%) and 11.73 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Extreme with energy 92.3%; VN30 (VN30 basket) in Bull Extreme with energy 85.7%. Against this backdrop, BMP Stock (Bear Bias, -48.3%) 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 Bull Bias with Market Energy 22.3%. BMP Stock (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

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

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