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| Price | ▲ 1.44% | ▼ 0.52% | ▼ 0.52% | ▼ 1.43% |
| Energy | ▼ 4.5 | ▼ 7.4 | ▼ 5.9 | ▼ 14.1 |
Trend of Bull Bias GMX Stock Weekly
▸When GMX Stock is in Bull Bias:
- then GMX Stock moved to higher Market State: 29 times — 41.4%
- then GMX Stock moved to lower Market State: 41 times — 58.6%
▸Current GMX Stock market energy: 39.91%
- Distance to upper bound of Bull Bias (at 60%): 20.09%
- Distance to lower bound of Bull Bias (at 20.88%): 19.03%
"History always repeats itself, one way or another" — 2AITRADING
Following the completion of the Weekly candle, Market GMX Stock in the energy zone tilted toward Bull.
Market trend on the 2AiTrading energy system Compared to the previous candle (54%), Market Energy dropped -14.1% to 39.9%.
Time in Bull Bias energy zone: 3 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 GMX Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 19-06-2023 closed, GMX Stock was at 15.12, down 1.43% from the previous candle (15.34). Market Energy was 39.9%, down 14.1 points from 54%, 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 Weekly candle, and how large is that historically?
GMX closed at 15.12, down 1.43% from the previous Weekly candle (15.34). This drop is larger than 28% of past drops on the Weekly timeframe for GMX, across 232 candles since 2019.
How did GMX Stock Market Energy change from the previous candle?
Market Energy fell 14.1 percentage points from the previous candle — from 54% to 39.9%. This drop is larger than 66% of past drops on the Weekly timeframe for GMX.
Do GMX 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 GMX Stock in on the previous Weekly candle?
The previous Weekly candle had GMX Stock at 54%, Bull Bias — this candle kept the same state, no zone change.
Where does GMX Stock energy sit within the Bull Bias zone?
At 39.9%, GMX Stock is 20.09 points from the upper boundary of Bull Bias (60%) and 19.03 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 Bear Critical with energy -73.4%; VN30 (VN30 basket) in Bear Critical with energy -73.4%. Against this backdrop, GMX Stock (Bull Bias, 39.9%) has higher energy 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 Bull Bias with Market Energy 59.2%. GMX Stock (Bull Bias) and DXY currently sit on the same Bull 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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