Analysis

·

Candle close
Price and energy
GLT Stock from 29.76 to 29.32, down 1.48%
Market Energy Bull Extreme 84.2% to Neutral 2.0%, down 82.2 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 8.91%▼ 0.32%▲ 5.83%▼ 1.48%
Energy▼ 157.4▲ 3.5▲ 139.3▼ 82.2
Volatility trend chart · last 4 sessions
▼ 8.91%▼ 0.32%▲ 5.83%▼ 1.48%▼ 157.4▲ 3.5▲ 139.3▼ 82.2
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.48% — higher than 21% of past drops
0%255075100%
Energy down 82.2 pts — higher than 88% of past drops
RESEARCH

Trend of Neutral GLT Stock 1H

Sample: 1,111 1H candles from 2023-07-31 to 2026-09-25
Number of Neutral occurrences: 54 times

▸When GLT Stock is in Neutral:

  • then GLT Stock moved to higher Market State: 28 times — 51.9%
  • then GLT Stock moved to lower Market State: 26 times — 48.1%

▸Current GLT Stock market energy: 1.96%

  • Distance to upper bound of Neutral (at 20.88%): 18.92%
  • Distance to lower bound of Neutral (at -20.88%): 22.84%

"History always repeats itself, one way or another" — 2AITRADING

GLT · H1 · 2024-08-07 06:00 UTC
Preview the last 30 candles — price and energy
View live GLT chart →
Market Energy
84.2%
Bull Extreme
2.0%
Neutral
51.2%
Bull Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Right as the 1H candle closes, Result for GLT: the neutral energy state.

Looking at the energy level, The energy level dropped -82.2%: from 84.2% now at 2%.

Time in Neutral energy zone: 1 1H 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

Over the past 5 days, GLT Stock Market Energy ranged from -58.6 to +84.2.

Knowledge

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

Frequently asked questions

What did GLT Stock price and energy show when this 1H candle closed?

When the 1H candle at 13:00 on 07-08-2024 closed, GLT Stock was at 29.32, down 1.48% from the previous candle (29.76). Market Energy was 2%, down 82.2 points from 84.2%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did GLT price move on this 1H candle, and how large is that historically?

GLT closed at 29.32, down 1.48% from the previous 1H candle (29.76). This drop is larger than 21% of past drops on the 1H timeframe for GLT, across 333 candles since 2019.

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

Market Energy fell 82.2 percentage points from the previous candle — from 84.2% to 2%. This drop is larger than 88% of past drops on the 1H timeframe for GLT.

Do GLT 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 GLT Stock in on the previous 1H candle?

The previous 1H candle had GLT Stock at 84.2%, Bull Extreme — when this candle closed, GLT Stock moved down to a lower zone: Bull Extreme → Neutral.

Where does GLT Stock energy sit within the Neutral zone?

At 2%, GLT Stock is 18.92 points from the upper boundary of Neutral (20.88%) and 22.84 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 Bias with energy 25%; VN30 (VN30 basket) in Neutral with energy -15.5%. Against this backdrop, GLT Stock (Neutral, 2%) lower 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 -20.8%. GLT Stock energy is currently above DXY by 22.8 points.

Real-time Energy Chart

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

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