Analysis

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Candle close
Price and energy
CNG Stock from 30.83 to 30.63, down 0.65%
Market Energy Neutral 12.9% to Bear Bias -32.9%, down 45.7 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.29%0.32%0.49%0.65%
Energy11.748.26.345.7
Volatility trend chart · last 4 sessions
0.29% 0.32% 0.49% 0.65% 11.7 48.2 6.3 45.7
priceenergy up · down
Volatility · vs history since 2019
Price down 0.65% — higher than 59% of past drops
0%255075100%
Energy down 45.7 pts — higher than 90% of past drops
RESEARCH

Trend of Bear Bias CNG Stock 1H

Sample: 3,662 1H candles from 2023-07-31 to 2026-09-22
Number of Bear Bias occurrences: 240 times

When CNG Stock is in Bear Bias:

  • then CNG Stock moved to higher Market State: 128 times53.3%
  • then CNG Stock moved to lower Market State: 112 times46.7%

Current CNG Stock market energy: -32.85%

  • Distance to upper bound of Bear Bias (at -20.88%): 11.97%
  • Distance to lower bound of Bear Bias (at -60%): 27.15%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

CNG · H1 · 2024-10-30 03:00 UTC
Preview the last 30 candles — price and energy
View live CNG chart →
Market Energy
12.9%
Neutral
-32.9%
Bear Bias
-51.9%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

After the system processes the 1H candle, Result for CNG: the Bear Bias state.

Market movement just recorded on the 1H timeframe, The energy level dropped -45.7%: from 12.9% now at -32.9%.

Time in Bear Bias energy zone: 1 1H 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 -74.5 to +66.5.

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 1H candle closed?

When the 1H candle at 10:00 on 30-10-2024 closed, CNG Stock was at 30.63, down 0.65% from the previous candle (30.83). Market Energy was -32.9%, down 45.7 points from 12.9%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did CNG price move on this 1H candle, and how large is that historically?

CNG closed at 30.63, down 0.65% from the previous 1H candle (30.83). This drop is larger than 59% of past drops on the 1H timeframe for CNG, across 1,559 candles since 2019.

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

Market Energy fell 45.7 percentage points from the previous candle — from 12.9% to -32.9%. This drop is larger than 90% 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 the candle that just closed; it does not say where price goes next.

What state was CNG Stock in on the previous 1H candle?

The previous 1H candle had CNG Stock at 12.9%, Neutral — when this candle closed, CNG Stock moved down to a lower zone: Neutral → Bear Bias.

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

At -32.9%, CNG Stock is 11.97 points from the upper boundary of Bear Bias (-20.88%) and 27.15 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 Bull Bias with energy 59.6%; VN30 (VN30 basket) in Bull Critical with energy 63.7%. Against this backdrop, CNG Stock (Bear Bias, -32.9%) 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 Neutral with Market Energy -7.7%. CNG Stock energy is currently below DXY by 25.2 points.

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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