Analysis

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Candle close
Price and energy
HGM Stock from 66.98 to 58.67, down 12.41%
Market Energy Bull Extreme 90.1% to Bear Extreme -100.0%, down 190.1 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price7.02%3.49%0.13%12.41%
Energy149.043.99.2190.1
Volatility trend chart · last 4 sessions
7.02% 3.49% 0.13% 12.41% 149.0 43.9 9.2 190.1
priceenergy up · down
Volatility · vs history since 2019
Price down 12.41% — higher than 99% of past drops
0%255075100%
Energy down 190.1 pts — higher than 98% of past drops
RESEARCH

Trend of Bear Extreme HGM Stock 1H

Sample: 2,056 1H candles from 2023-09-12 to 2026-09-22
Number of Bear Extreme occurrences: 187 times

When HGM Stock is in Bear Extreme:

  • then HGM Stock moved to higher Market State: 187 times100%
  • then HGM Stock moved to lower Market State: 0 times0%

Current HGM Stock market energy: -99.97%

  • Distance to upper bound of Bear Extreme (at -74.5%): 25.47%
  • Distance to bottom -100%: 0.03%

"To truly understand anything, study its history" — 2AITRADING

HGM · H1 · 2024-08-23 07:00 UTC
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Market Energy
90.1%
Bull Extreme
-100.0%
Bear Extreme
90.3%
Bull Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Reading from the 1H candle, HGM within the Bear Extreme energy zone.

Market energy measurement Energy delta -190.1%: Market Energy at -100%, previously 90.1%.

Time in Bear Extreme 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, HGM Stock Market Energy ranged from -100 to +99.3.

Knowledge

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

Frequently asked questions

What did HGM Stock price and energy show when this 1H candle closed?

When the 1H candle at 14:00 on 23-08-2024 closed, HGM Stock was at 58.67, down 12.41% from the previous candle (66.98). Market Energy was -100%, down 190.1 points from 90.1%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

HGM closed at 58.67, down 12.41% from the previous 1H candle (66.98). This drop is larger than 99% of past drops on the 1H timeframe for HGM, across 176 candles since 2019.

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

Market Energy fell 190.1 percentage points from the previous candle — from 90.1% to -100%. This drop is larger than 98% of past drops on the 1H timeframe for HGM.

Do HGM price and energy agree?

Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had HGM Stock at 90.1%, Bull Extreme — when this candle closed, HGM Stock moved down to a lower zone: Bull Extreme → Bear Extreme.

Where does HGM Stock energy sit within the Bear Extreme zone?

At -100%, HGM Stock is 25.47 points from the upper boundary of Bear Extreme (-74.5%) and 0.03 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.

What does Bear Extreme mean?

Bear Extreme 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 Extreme 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 56.6%; VN30 (VN30 basket) in Bull Bias with energy 52.3%. Against this backdrop, HGM Stock (Bear Extreme, -100%) 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 9.6%. HGM Stock energy is currently below DXY by 109.6 points.

Real-time Energy Chart

See the real-time energy chart for HGM 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 HGM on the HGM Stock overview →

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HGM Stock 1H — Bear Extreme -100.0%, falling · 2024-08-23