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| Price | ▲ 2.42% | ▲ 1.01% | 0.00% | ▼ 1.45% |
| Energy | ▲ 1.6 | ▼ 1.0 | ▲ 0.3 | ▼ 9.6 |
Trend of Bull Extreme GMC Stock Weekly
▸When GMC Stock is in Bull Extreme:
- then GMC Stock moved to higher Market State: 0 times — 0%
- then GMC Stock moved to lower Market State: 33 times — 100%
▸Current GMC Stock market energy: 77.48%
- Distance to peak 100%: 22.52%
- Distance to lower bound of Bull Extreme (at 74.5%): 2.98%
"Does history really repeat itself?" — 2AITRADING
Observing the completed Weekly candle, Result for GMC: the Bull Extreme level.
Per the 2AiTrading energy measurement system, Market Energy reading dropped -9.6%, moving from 87.1% to 77.5% after the Weekly candle.
Time in Bull Extreme energy zone: 5 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.
Over the past 5 days, GMC Stock Market Energy ranged from +77.5 to +87.1.
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 19-02-2024 closed, GMC Stock was at 8.86, down 1.45% from the previous candle (8.99). Market Energy was 77.5%, down 9.6 points from 87.1%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did GMC price move on this Weekly candle, and how large is that historically?
GMC closed at 8.86, down 1.45% from the previous Weekly candle (8.99). This drop is larger than 25% of past drops on the Weekly timeframe for GMC, across 266 candles since 2019.
How did GMC Stock Market Energy change from the previous candle?
Market Energy fell 9.6 percentage points from the previous candle — from 87.1% to 77.5%. This drop is larger than 54% of past drops on the Weekly timeframe for GMC.
Do GMC price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was GMC Stock in on the previous Weekly candle?
The previous Weekly candle had GMC Stock at 87.1%, Bull Extreme — this candle kept the same state, no zone change.
Where does GMC Stock energy sit within the Bull Extreme zone?
At 77.5%, GMC Stock is 22.52 points from the upper boundary of Bull Extreme (100%) and 2.98 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bull Extreme mean?
Bull Extreme is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Extreme 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 Extreme with energy 74.8%; VN30 (VN30 basket) in Bull Bias with energy 58.8%. Against this backdrop, GMC Stock (Bull Extreme, 77.5%) has higher energy than VN30; sits in the same state zone as VNINDEX.
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 -33.8%. GMC Stock (Bull Extreme) and DXY currently sit on opposite sides.
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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