Analysis

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Candle close
Price and energy
GMX Stock from 15.5 to 15.33, down 1.10%
Market Energy Bull Critical 68.5% to Bull Bias 39.4%, down 29.1 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 2.08%0.00%▼ 1.52%▼ 1.10%
Energy▲ 32.7▼ 0.0▼ 15.5▼ 29.1
Volatility trend chart · last 4 sessions
▲ 2.08%0.00%▼ 1.52%▼ 1.10%▲ 32.7▼ 0.0▼ 15.5▼ 29.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.10% — higher than 57% of past drops
0%255075100%
Energy down 29.1 pts — higher than 72% of past drops
RESEARCH

Trend of Bull Bias GMX Stock 1H

Sample: 1,178 1H candles from 2023-07-31 to 2026-09-24
Number of Bull Bias occurrences: 63 times

▸When GMX Stock is in Bull Bias:

  • then GMX Stock moved to higher Market State: 27 times — 42.9%
  • then GMX Stock moved to lower Market State: 36 times — 57.1%

▸Current GMX Stock market energy: 39.44%

  • Distance to upper bound of Bull Bias (at 60%): 20.56%
  • Distance to lower bound of Bull Bias (at 20.88%): 18.56%

"To truly understand anything, study its history" — 2AITRADING

GMX · H1 · 2024-06-19 07:00 UTC
Preview the last 30 candles — price and energy
View live GMX chart →
Market Energy
68.5%
Bull Critical
39.4%
Bull Bias
44.4%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

As the 1H candle closes, GMX Stock classified as the energy state tilted toward Bull.

Looking at the energy level, Market trend energy recorded a -29.1% drop from the previous candle, from 68.5% to 39.4%.

Time in Bull 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, GMX Stock Market Energy ranged from +39.4 to +84.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did GMX Stock price and energy show when this 1H candle closed?

When the 1H candle at 14:00 on 19-06-2024 closed, GMX Stock was at 15.33, down 1.1% from the previous candle (15.5). Market Energy was 39.4%, down 29.1 points from 68.5%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

GMX closed at 15.33, down 1.1% from the previous 1H candle (15.5). This drop is larger than 57% of past drops on the 1H timeframe for GMX, across 476 candles since 2019.

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

Market Energy fell 29.1 percentage points from the previous candle — from 68.5% to 39.4%. This drop is larger than 72% of past drops on the 1H timeframe for GMX.

Do GMX price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

What state was GMX Stock in on the previous 1H candle?

The previous 1H candle had GMX Stock at 68.5%, Bull Critical — when this candle closed, GMX Stock moved down to a lower zone: Bull Critical → Bull Bias.

Where does GMX Stock energy sit within the Bull Bias zone?

At 39.4%, GMX Stock is 20.56 points from the upper boundary of Bull Bias (60%) and 18.56 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull 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 Neutral with energy -15.1%; VN30 (VN30 basket) in Bull Bias with energy 53.1%. Against this backdrop, GMX Stock (Bull Bias, 39.4%) 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 Bear Bias with Market Energy -46.7%. GMX Stock (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for GMX 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 GMX on the GMX Stock overview →

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