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| Price | ▼ 1.40% | ▲ 0.67% | ▲ 1.34% | ▼ 6.01% |
| Energy | ▼ 6.4 | ▼ 4.5 | ▼ 1.5 | ▼ 98.5 |
Trend of Bear Bias DXP Stock Daily
▸When DXP Stock is in Bear Bias:
- then DXP Stock moved to higher Market State: 151 times — 64.3%
- then DXP Stock moved to lower Market State: 84 times — 35.7%
▸Current DXP Stock market energy: -50.09%
- Distance to upper bound of Bear Bias (at -20.88%): 29.21%
- Distance to lower bound of Bear Bias (at -60%): 9.91%
"A person's history reveals more than you might think" — 2AITRADING
After the Daily session ends, DXP in the energy state leaning Bear.
Market trend energy Market Energy reading dropped -98.5%, moving from 48.4% to -50.1% after the Daily candle.
Time in Bear Bias energy zone: 1 Daily 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.
Over the past 5 days, DXP Stock Market Energy ranged from -50.1 to +60.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did DXP Stock price and energy show when this Daily candle closed?
When the Daily candle at 09:00 on 23-02-2024 closed, DXP Stock was at 12.82, down 6.01% from the previous candle (13.64). Market Energy was -50.1%, down 98.5 points from 48.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did DXP price move on this Daily candle, and how large is that historically?
DXP closed at 12.82, down 6.01% from the previous Daily candle (13.64). This drop is larger than 93% of past drops on the Daily timeframe for DXP, across 1,286 candles since 2019.
How did DXP Stock Market Energy change from the previous candle?
Market Energy fell 98.5 percentage points from the previous candle — from 48.4% to -50.1%. This drop is larger than 99% of past drops on the Daily timeframe for DXP.
Do DXP price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was DXP Stock in on the previous Daily candle?
The previous Daily candle had DXP Stock at 48.4%, Bull Bias — when this candle closed, DXP Stock moved down to a lower zone: Bull Bias → Bear Bias.
Where does DXP Stock energy sit within the Bear Bias zone?
At -50.1%, DXP Stock is 29.21 points from the upper boundary of Bear Bias (-20.88%) and 9.91 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 Neutral with energy -16.5%; VN30 (VN30 basket) in Neutral with energy -6.5%. Against this backdrop, DXP Stock (Bear Bias, -50.1%) 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 35%. DXP Stock (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for DXP Stock.
Open Energy ChartSee the full 2AiTrading Model data for DXP on the DXP Stock overview →
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