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| Price | ▲ 0.30% | 0.00% | ▲ 0.74% | ▼ 0.55% |
| Energy | ▲ 9.4 | ▲ 9.2 | ▲ 24.5 | ▼ 15.5 |
Trend of Bull Critical CNG Stock 1H
▸When CNG Stock is in Bull Critical:
- then CNG Stock moved to higher Market State: 51 times — 28.8%
- then CNG Stock moved to lower Market State: 126 times — 71.2%
▸Current CNG Stock market energy: 73.72%
- Distance to upper bound of Bull Critical (at 74.5%): 0.78%
- Distance to lower bound of Bull Critical (at 60%): 13.72%
"To truly understand anything, study its history" — 2AITRADING
Observing the completed 1H candle, CNG noted at the Bull Critical zone.
Observing the CNG market this session, Market Energy dropped -15.5% this candle, currently 73.7% (previous candle 89.2%).
Time in Bull Critical 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, CNG Stock Market Energy ranged from -11.4 to +89.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CNG Stock price and energy show when this 1H candle closed?
When the 1H candle at 13:00 on 06-02-2024 closed, CNG Stock was at 27.2, down 0.55% from the previous candle (27.35). Market Energy was 73.7%, down 15.5 points from 89.2%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did CNG price move on this 1H candle, and how large is that historically?
CNG closed at 27.2, down 0.55% from the previous 1H candle (27.35). This drop is larger than 52% of past drops on the 1H timeframe for CNG, across 663 candles since 2019.
How did CNG Stock Market Energy change from the previous candle?
Market Energy fell 15.5 percentage points from the previous candle — from 89.2% to 73.7%. This drop is larger than 65% of past drops on the 1H timeframe for CNG.
Do CNG 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 CNG Stock in on the previous 1H candle?
The previous 1H candle had CNG Stock at 89.2%, Bull Extreme — when this candle closed, CNG Stock moved down to a lower zone: Bull Extreme → Bull Critical.
Where does CNG Stock energy sit within the Bull Critical zone?
At 73.7%, CNG Stock is 0.78 points from the upper boundary of Bull Critical (74.5%) and 13.72 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Bias with energy 48.4%; VN30 (VN30 basket) in Bull Critical with energy 66.3%. Against this backdrop, CNG Stock (Bull Critical, 73.7%) has higher energy than VNINDEX; sits in the same state zone as 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 Neutral with Market Energy 11.6%. CNG Stock energy is currently above DXY by 62.1 points.
See the real-time energy chart for CNG Stock.
Open Energy ChartSee the full 2AiTrading Model data for CNG on the CNG Stock overview →
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