Analysis

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Candle close
Price and energy
GLT Stock from 25.28 to 23.68, down 6.33%
Market Energy Bull Extreme 96.1% to Bear Bias -38.0%, down 134.0 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.36%▲ 6.78%▼ 5.03%▼ 6.33%
Energy▲ 0.1▼ 24.4▲ 20.4▼ 134.0
Volatility trend chart · last 4 sessions
▼ 0.36%▲ 6.78%▼ 5.03%▼ 6.33%▲ 0.1▼ 24.4▲ 20.4▼ 134.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 6.33% — higher than 68% of past drops
0%255075100%
Energy down 134.0 pts — higher than 96% of past drops
RESEARCH

Trend of Bear Bias GLT Stock 1H

Sample: 1,111 1H candles from 2023-07-31 to 2026-09-25
Number of Bear Bias occurrences: 63 times

▸When GLT Stock is in Bear Bias:

  • then GLT Stock moved to higher Market State: 35 times — 55.6%
  • then GLT Stock moved to lower Market State: 28 times — 44.4%

▸Current GLT Stock market energy: -37.96%

  • Distance to upper bound of Bear Bias (at -20.88%): 17.08%
  • Distance to lower bound of Bear Bias (at -60%): 22.04%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

GLT · H1 · 2024-11-08 07:00 UTC
Preview the last 30 candles — price and energy
View live GLT chart →
Market Energy
96.1%
Bull Extreme
-38.0%
Bear Bias
39.3%
Bull Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

From the just-closed 1H candle data, Market Energy of GLT indicates the Bear Bias state.

Market trend update: Energy delta -134%: Market Energy at -38%, previously 96.1%.

Time in Bear Bias 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 -38 to +100.

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 14:00 on 08-11-2024 closed, GLT Stock was at 23.68, down 6.33% from the previous candle (25.28). Market Energy was -38%, down 134.0 points from 96.1%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

GLT closed at 23.68, down 6.33% from the previous 1H candle (25.28). This drop is larger than 68% of past drops on the 1H timeframe for GLT, across 421 candles since 2019.

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

Market Energy fell 134 percentage points from the previous candle — from 96.1% to -38%. This drop is larger than 96% of past drops on the 1H timeframe for GLT.

Do GLT price and energy agree?

Yes. Both price and energy moved down on this candle. 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 96.1%, Bull Extreme — when this candle closed, GLT Stock moved down to a lower zone: Bull Extreme → Bear Bias.

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

At -38%, GLT Stock is 17.08 points from the upper boundary of Bear Bias (-20.88%) and 22.04 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 Bear Extreme with energy -82.7%; VN30 (VN30 basket) in Bear Extreme with energy -82.6%. Against this backdrop, GLT Stock (Bear Bias, -38%) has higher energy 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 -29.9%. GLT Stock (Bear Bias) and DXY currently sit on the same Bear side.

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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