·
| Price | 0.00% | 0.00% | ▲ 0.34% | ▼ 0.34% |
| Energy | ▲ 7.3 | ▲ 4.9 | ▲ 9.4 | ▲ 2.4 |
Trend of Bear Bias GEG Stock Daily
▸When GEG Stock is in Bear Bias:
- then GEG Stock moved to higher Market State: 108 times — 59.3%
- then GEG Stock moved to lower Market State: 74 times — 40.7%
▸Current GEG Stock market energy: -33.6%
- Distance to upper bound of Bear Bias (at -20.88%): 12.72%
- Distance to lower bound of Bear Bias (at -60%): 26.4%
"History always repeats itself, one way or another" — 2AITRADING
Reading from the Daily candle, GEG recorded in the Bear Bias state.
On the energy side, Market Energy reading rose +2.4%, moving from -36% to -33.6% after the Daily candle.
Time in Bear Bias energy zone: 5 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, GEG Stock Market Energy ranged from -50.3 to -33.6.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GEG Stock price and energy show when this Daily candle closed?
When the Daily candle at 09:00 on 23-01-2024 closed, GEG Stock was at 11.66, down 0.34% from the previous candle (11.7). Market Energy was -33.6%, up 2.4 points from -36%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GEG price move on this Daily candle, and how large is that historically?
GEG closed at 11.66, down 0.34% from the previous Daily candle (11.7). This drop is larger than 9% of past drops on the Daily timeframe for GEG, across 1,261 candles since 2019.
How did GEG Stock Market Energy change from the previous candle?
Market Energy rose 2.4 percentage points from the previous candle — from -36% to -33.6%. This rise is larger than 11% of past rises on the Daily timeframe for GEG.
Do GEG price and energy agree?
No. Price moved down while energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was GEG Stock in on the previous Daily candle?
The previous Daily candle had GEG Stock at -36%, Bear Bias — this candle kept the same state, no zone change.
Where does GEG Stock energy sit within the Bear Bias zone?
At -33.6%, GEG Stock is 12.72 points from the upper boundary of Bear Bias (-20.88%) and 26.4 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Critical with energy 62.4%; VN30 (VN30 basket) in Bull Bias with energy 58.9%. Against this backdrop, GEG Stock (Bear Bias, -33.6%) 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 Neutral with Market Energy 8.9%. GEG Stock energy is currently below DXY by 42.5 points.
See the real-time energy chart for GEG Stock.
Open Energy ChartSee the full 2AiTrading Model data for GEG on the GEG Stock overview →
To jump to a symbol you're interested in, click .
