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| Price | ▲ 1.45% | ▲ 2.42% | ▼ 6.65% | ▼ 10.57% |
| Energy | ▼ 1.3 | ▲ 17.2 | ▼ 10.9 | ▼ 70.4 |
Trend of Bear Bias GMC Stock Weekly
▸When GMC Stock is in Bear Bias:
- then GMC Stock moved to higher Market State: 26 times — 65%
- then GMC Stock moved to lower Market State: 14 times — 35%
▸Current GMC Stock market energy: -27.56%
- Distance to upper bound of Bear Bias (at -20.88%): 6.68%
- Distance to lower bound of Bear Bias (at -60%): 32.44%
"To truly understand anything, study its history" — 2AITRADING
Bear Bias is the result just recorded for GMC after the Weekly candle closed.
The energy side shows Market Energy reading dropped -70.4%, moving from 42.8% to -27.6% after the Weekly candle.
Time in Bear Bias energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GMC Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 30-10-2023 closed, GMC Stock was at 7.78, down 10.57% from the previous candle (8.7). Market Energy was -27.6%, down 70.4 points from 42.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GMC price move on this Weekly candle, and how large is that historically?
GMC closed at 7.78, down 10.57% from the previous Weekly candle (8.7). This drop is larger than 90% of past drops on the Weekly timeframe for GMC, across 250 candles since 2019.
How did GMC Stock Market Energy change from the previous candle?
Market Energy fell 70.4 percentage points from the previous candle — from 42.8% to -27.6%. This drop is larger than 96% of past drops on the Weekly timeframe for GMC.
Do GMC 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 GMC Stock in on the previous Weekly candle?
The previous Weekly candle had GMC Stock at 42.8%, Bull Bias — when this candle closed, GMC Stock moved down to a lower zone: Bull Bias → Bear Bias.
Where does GMC Stock energy sit within the Bear Bias zone?
At -27.6%, GMC Stock is 6.68 points from the upper boundary of Bear Bias (-20.88%) and 32.44 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 Bias with energy 38.8%; VN30 (VN30 basket) in Bear Bias with energy -24.1%. Against this backdrop, GMC Stock (Bear Bias, -27.6%) 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 Bear Bias with Market Energy -21.5%. GMC Stock (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for GMC Stock.
Open Energy ChartSee the full 2AiTrading Model data for GMC on the GMC Stock overview →
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