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| Price | ▼ 0.48% | ▲ 1.74% | 0.00% | ▼ 0.76% |
| Energy | ▲ 8.6 | ▲ 56.5 | 0.0 | ▼ 63.4 |
Trend of Bear Bias SPM Stock 1H
▸When SPM Stock is in Bear Bias:
- then SPM Stock moved to higher Market State: 36 times — 50%
- then SPM Stock moved to lower Market State: 36 times — 50%
▸Current SPM Stock market energy: -48.23%
- Distance to upper bound of Bear Bias (at -20.88%): 27.35%
- Distance to lower bound of Bear Bias (at -60%): 11.77%
"Let data guide you, but never trust it completely" — 2AITRADING
SPM Stock processing result: the Bear trend energy zone after the 1H candle closed.
End-of-session update for 1H, Compared to the previous candle (15.1%), Market Energy dropped -63.4% to -48.2%.
Time in Bear Bias energy zone: 1 1H 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, SPM Stock Market Energy ranged from -98.4 to +15.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did SPM Stock price and energy show when this 1H candle closed?
When the 1H candle at 14:00 on 12-04-2024 closed, SPM Stock was at 10.43, down 0.76% from the previous candle (10.51). Market Energy was -48.2%, down 63.4 points from 15.1%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did SPM price move on this 1H candle, and how large is that historically?
SPM closed at 10.43, down 0.76% from the previous 1H candle (10.51). This drop is larger than 24% of past drops on the 1H timeframe for SPM, across 242 candles since 2019.
How did SPM Stock Market Energy change from the previous candle?
Market Energy fell 63.4 percentage points from the previous candle — from 15.1% to -48.2%. This drop is larger than 85% of past drops on the 1H timeframe for SPM.
Do SPM 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 SPM Stock in on the previous 1H candle?
The previous 1H candle had SPM Stock at 15.1%, Neutral — when this candle closed, SPM Stock moved down to a lower zone: Neutral → Bear Bias.
Where does SPM Stock energy sit within the Bear Bias zone?
At -48.2%, SPM Stock is 27.35 points from the upper boundary of Bear Bias (-20.88%) and 11.77 points from the lower boundary (-60%) — so energy sits closer to the lower 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 91.6%; VN30 (VN30 basket) in Bull Extreme with energy 97.6%. Against this backdrop, SPM Stock (Bear Bias, -48.2%) 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 93.2%. SPM Stock (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for SPM Stock.
Open Energy ChartSee the full 2AiTrading Model data for SPM on the SPM Stock overview →
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