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| Price | ▲ 4.14% | ▲ 2.65% | ▼ 0.90% | ▼ 4.75% |
| Energy | ▼ 2.7 | ▼ 4.0 | ▼ 19.8 | ▼ 73.9 |
Trend of Bear Bias GSM Stock Daily
▸When GSM Stock is in Bear Bias:
- then GSM Stock moved to higher Market State: 62 times — 57.9%
- then GSM Stock moved to lower Market State: 45 times — 42.1%
▸Current GSM Stock market energy: -22.47%
- Distance to upper bound of Bear Bias (at -20.88%): 1.59%
- Distance to lower bound of Bear Bias (at -60%): 37.53%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Observing the completed Daily candle, GSM recorded in Bear Bias of Market Energy.
On trend energy, Market Energy dropped -73.9% from the previous session, from 51.5% to -22.5%.
Time in Bear Bias energy zone: 1 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, GSM Stock Market Energy ranged from -22.5 to +75.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GSM Stock price and energy show when this Daily candle closed?
When the Daily candle at 09:00 on 19-06-2024 closed, GSM Stock was at 16.83, down 4.75% from the previous candle (17.67). Market Energy was -22.5%, down 73.9 points from 51.5%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GSM price move on this Daily candle, and how large is that historically?
GSM closed at 16.83, down 4.75% from the previous Daily candle (17.67). This drop is larger than 50% of past drops on the Daily timeframe for GSM, across 1,037 candles since 2019.
How did GSM Stock Market Energy change from the previous candle?
Market Energy fell 73.9 percentage points from the previous candle — from 51.5% to -22.5%. This drop is larger than 92% of past drops on the Daily timeframe for GSM.
Do GSM 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 GSM Stock in on the previous Daily candle?
The previous Daily candle had GSM Stock at 51.5%, Bull Bias — when this candle closed, GSM Stock moved down to a lower zone: Bull Bias → Bear Bias.
Where does GSM Stock energy sit within the Bear Bias zone?
At -22.5%, GSM Stock is 1.59 points from the upper boundary of Bear Bias (-20.88%) and 37.53 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 Bear Bias with energy -21.8%; VN30 (VN30 basket) in Bear Bias with energy -33.9%. Against this backdrop, GSM Stock (Bear Bias, -22.5%) sits in the same state zone as 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 Critical with Market Energy -64.6%. GSM Stock (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for GSM Stock.
Open Energy ChartSee the full 2AiTrading Model data for GSM on the GSM Stock overview →
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