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| Price | ▼ 2.09% | ▲ 5.24% | ▲ 1.55% | ▼ 2.22% |
| Energy | ▼ 5.6 | ▲ 11.0 | ▲ 16.2 | ▼ 14.2 |
Trend of Bull Critical GMD Stock Weekly
▸When GMD Stock is in Bull Critical:
- then GMD Stock moved to higher Market State: 15 times — 31.9%
- then GMD Stock moved to lower Market State: 32 times — 68.1%
▸Current GMD Stock market energy: 63.83%
- Distance to upper bound of Bull Critical (at 74.5%): 10.67%
- Distance to lower bound of Bull Critical (at 60%): 3.83%
"Let data guide you, but never trust it completely" — 2AITRADING
With the Weekly candle just closed, Market GMD in the near-peak Bull energy level.
Market trend update: Market Energy dropped -14.2% from the previous session, from 78% to 63.8%.
Time in Bull Critical 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.
Over the past 5 days, GMD Stock Market Energy ranged from +63.8 to +78.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GMD Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 06-05-2024 closed, GMD Stock was at 65.21, down 2.22% from the previous candle (66.69). Market Energy was 63.8%, down 14.2 points from 78%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did GMD price move on this Weekly candle, and how large is that historically?
GMD closed at 65.21, down 2.22% from the previous Weekly candle (66.69). This drop is larger than 48% of past drops on the Weekly timeframe for GMD, across 278 candles since 2019.
How did GMD Stock Market Energy change from the previous candle?
Market Energy fell 14.2 percentage points from the previous candle — from 78% to 63.8%. This drop is larger than 63% of past drops on the Weekly timeframe for GMD.
Do GMD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was GMD Stock in on the previous Weekly candle?
The previous Weekly candle had GMD Stock at 78%, Bull Extreme — when this candle closed, GMD Stock moved down to a lower zone: Bull Extreme → Bull Critical.
Where does GMD Stock energy sit within the Bull Critical zone?
At 63.8%, GMD Stock is 10.67 points from the upper boundary of Bull Critical (74.5%) and 3.83 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Neutral with energy 1.4%; VN30 (VN30 basket) in Bull Critical with energy 68.7%. Against this backdrop, GMD Stock (Bull Critical, 63.8%) has higher energy 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 -9.2%. GMD Stock energy is currently above DXY by 73 points.
See the real-time energy chart for GMD Stock.
Open Energy ChartSee the full 2AiTrading Model data for GMD on the GMD Stock overview →
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