Analysis

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Candle open
Price and energy
CNG Stock from 32.16 to 32.72, up 1.74%
Market Energy Neutral 18.3% to Bull Bias 28.8%, up 10.5 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.59%0.00%▼ 1.44%▲ 1.74%
Energy▼ 16.5▼ 7.8▼ 34.4▲ 10.5
Volatility trend chart · last 4 sessions
▲ 0.59%0.00%▼ 1.44%▲ 1.74%▼ 16.5▼ 7.8▼ 34.4▲ 10.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 1.74% — higher than 63% of past rises
0%255075100%
Energy up 10.5 pts — higher than 55% of past rises
RESEARCH

Trend of Bull Bias CNG Stock Daily

Sample: 3,629 Daily candles from 2012-03-21 to 2026-10-07
Number of Bull Bias occurrences: 263 times

▸When CNG Stock is in Bull Bias:

  • then CNG Stock moved to higher Market State: 109 times — 41.4%
  • then CNG Stock moved to lower Market State: 154 times — 58.6%

▸Current CNG Stock market energy: 28.83%

  • Distance to upper bound of Bull Bias (at 60%): 31.17%
  • Distance to lower bound of Bull Bias (at 20.88%): 7.95%

"A person's history reveals more than you might think" — 2AITRADING

CNG · D1 · 2024-07-15 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
18.3%
Neutral
28.8%
Bull Bias
21.5%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Bull Bias of Market Energy is the result just recorded for CNG after the Daily candle closed.

Per the 2AI model, Market Energy reading rose +10.5%, moving from 18.3% to 28.8% after the Daily candle.

Time in Bull Bias energy zone: 1 Daily Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, CNG Stock Market Energy ranged from +18.3 to +60.6.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did CNG Stock price and energy show when this Daily candle closed?

When the Daily candle at 09:00 on 15-07-2024 closed, CNG Stock was at 32.72, up 1.74% from the previous candle (32.16). Market Energy was 28.8%, up 10.5 points from 18.3%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did CNG price move on this Daily candle, and how large is that historically?

CNG closed at 32.72, up 1.74% from the previous Daily candle (32.16). This rise is larger than 63% of past rises on the Daily timeframe for CNG, across 1,383 candles since 2019.

How did CNG Stock Market Energy change from the previous candle?

Market Energy rose 10.5 percentage points from the previous candle — from 18.3% to 28.8%. This rise is larger than 55% of past rises on the Daily timeframe for CNG.

Do CNG price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.

What state was CNG Stock in on the previous Daily candle?

The previous Daily candle had CNG Stock at 18.3%, Neutral — when this candle closed, CNG Stock moved up to a higher zone: Neutral → Bull Bias.

Where does CNG Stock energy sit within the Bull Bias zone?

At 28.8%, CNG Stock is 31.17 points from the upper boundary of Bull Bias (60%) and 7.95 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 Bias with energy -59.7%; VN30 (VN30 basket) in Bear Critical with energy -70.9%. Against this backdrop, CNG Stock (Bull Bias, 28.8%) 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 Bear Bias with Market Energy -30.8%. CNG Stock (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for CNG Stock.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for CNG on the CNG Stock overview →

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