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| Price | ▼ 2.63% | ▼ 3.16% | ▲ 0.48% | ▼ 1.11% |
| Energy | ▼ 65.8 | ▼ 102.1 | ▲ 17.9 | ▼ 14.9 |
Trend of Bear Extreme GMX Stock Daily
▸When GMX Stock is in Bear Extreme:
- then GMX Stock moved to higher Market State: 138 times — 100%
- then GMX Stock moved to lower Market State: 0 times — 0%
▸Current GMX Stock market energy: -96.77%
- Distance to upper bound of Bear Extreme (at -74.5%): 22.27%
- Distance to bottom -100%: 3.23%
"To truly understand anything, study its history" — 2AITRADING
Right as the Daily candle closes, GMX Stock noted at Bear Extreme.
Looking at the energy level, Market Energy dropped -14.9% this candle, currently -96.8% (previous candle -81.9%).
Time in Bear Extreme energy zone: 3 Daily 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, GMX Stock Market Energy ranged from -99.7 to +2.3.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GMX Stock price and energy show when this Daily candle closed?
When the Daily candle at 09:00 on 15-12-2022 closed, GMX Stock was at 12.47, down 1.11% from the previous candle (12.61). Market Energy was -96.8%, down 14.9 points from -81.9%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did GMX price move on this Daily candle, and how large is that historically?
GMX closed at 12.47, down 1.11% from the previous Daily candle (12.61). This drop is larger than 38% of past drops on the Daily timeframe for GMX, across 977 candles since 2019.
How did GMX Stock Market Energy change from the previous candle?
Market Energy fell 14.9 percentage points from the previous candle — from -81.9% to -96.8%. This drop is larger than 78% of past drops on the Daily timeframe for GMX.
Do GMX 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 GMX Stock in on the previous Daily candle?
The previous Daily candle had GMX Stock at -81.9%, Bear Extreme — this candle kept the same state, no zone change.
Where does GMX Stock energy sit within the Bear Extreme zone?
At -96.8%, GMX Stock is 22.27 points from the upper boundary of Bear Extreme (-74.5%) and 3.23 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.
What does Bear Extreme mean?
Bear 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 Bear 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 Bias with energy 23.3%; VN30 (VN30 basket) in Neutral with energy 12.7%. Against this backdrop, GMX Stock (Bear Extreme, -96.8%) lower 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 -25.2%. GMX Stock (Bear Extreme) and DXY currently sit on the same Bear side.
See the real-time energy chart for GMX Stock.
Open Energy ChartSee the full 2AiTrading Model data for GMX on the GMX Stock overview →
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