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| Price | ▼ 0.59% | 0.00% | ▲ 0.60% | ▼ 2.43% |
| Energy | ▼ 4.1 | ▼ 5.1 | ▲ 0.4 | ▼ 45.1 |
Trend of Bear Bias GMX Stock Weekly
▸When GMX Stock is in Bear Bias:
- then GMX Stock moved to higher Market State: 34 times — 79.1%
- then GMX Stock moved to lower Market State: 9 times — 20.9%
▸Current GMX Stock market energy: -30.46%
- Distance to upper bound of Bear Bias (at -20.88%): 9.58%
- Distance to lower bound of Bear Bias (at -60%): 29.54%
"A person's history reveals more than you might think" — 2AITRADING
After the Weekly candle closes, GMX Stock in the energy state leaning Bear.
Market trend update: Market Energy at -30.5%, down -45.1% from 14.7% in the previous candle.
Time in Bear Bias 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.
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 14-08-2023 closed, GMX Stock was at 14.84, down 2.43% from the previous candle (15.21). Market Energy was -30.5%, down 45.1 points from 14.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GMX price move on this Weekly candle, and how large is that historically?
GMX closed at 14.84, down 2.43% from the previous Weekly candle (15.21). This drop is larger than 46% of past drops on the Weekly timeframe for GMX, across 240 candles since 2019.
How did GMX Stock Market Energy change from the previous candle?
Market Energy fell 45.1 percentage points from the previous candle — from 14.7% to -30.5%. This drop is larger than 88% 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 a closed candle, not a forecast of where price goes next.
What state was GMX Stock in on the previous Weekly candle?
The previous Weekly candle had GMX Stock at 14.7%, Neutral — when this candle closed, GMX Stock moved down to a lower zone: Neutral → Bear Bias.
Where does GMX Stock energy sit within the Bear Bias zone?
At -30.5%, GMX Stock is 9.58 points from the upper boundary of Bear Bias (-20.88%) and 29.54 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Bull Extreme with energy 80.6%; VN30 (VN30 basket) in Bull Extreme with energy 90.6%. Against this backdrop, GMX Stock (Bear Bias, -30.5%) 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 Bull Extreme with Market Energy 82%. GMX Stock (Bear Bias) and DXY currently sit on opposite sides.
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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