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| Price | ▼ 2.99% | ▲ 2.72% | ▲ 6.14% | ▼ 4.87% |
| Energy | ▼ 22.7 | ▲ 23.1 | ▲ 58.9 | ▼ 9.2 |
Trend of Neutral GMX Stock Weekly
▸When GMX Stock is in Neutral:
- then GMX Stock moved to higher Market State: 36 times — 60%
- then GMX Stock moved to lower Market State: 24 times — 40%
▸Current GMX Stock market energy: 3.11%
- Distance to upper bound of Neutral (at 20.88%): 17.77%
- Distance to lower bound of Neutral (at -20.88%): 23.99%
"Let data guide you, but never trust it completely" — 2AITRADING
As the Weekly candle closes, GMX recorded in the Neutral energy zone.
On trend energy, Market Energy moved from 12.3% to 3.1%, down -9.2% from the previous candle.
Time in Neutral energy zone: 2 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.
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What did GMX Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 06-11-2023 closed, GMX Stock was at 14.47, down 4.87% from the previous candle (15.21). Market Energy was 3.1%, down 9.2 points from 12.3%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did GMX price move on this Weekly candle, and how large is that historically?
GMX closed at 14.47, down 4.87% from the previous Weekly candle (15.21). This drop is larger than 70% of past drops on the Weekly timeframe for GMX, across 252 candles since 2019.
How did GMX Stock Market Energy change from the previous candle?
Market Energy fell 9.2 percentage points from the previous candle — from 12.3% to 3.1%. This drop is larger than 56% 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 12.3%, Neutral — this candle kept the same state, no zone change.
Where does GMX Stock energy sit within the Neutral zone?
At 3.1%, GMX Stock is 17.77 points from the upper boundary of Neutral (20.88%) and 23.99 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 78%; VN30 (VN30 basket) in Bull Critical with energy 61.1%. Against this backdrop, GMX Stock (Neutral, 3.1%) 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 Extreme with Market Energy -76.9%. GMX Stock energy is currently above DXY by 80 points.
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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