Analysis

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Candle close
Price and energy
NLG Stock from 34.11 to 34.08, down 0.09%
Market Energy Bull Critical 60.4% to Bull Bias 58.3%, down 2.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price1.17%1.16%0.09%0.09%
Energy31.015.99.02.1
Volatility trend chart · last 4 sessions
1.17% 1.16% 0.09% 0.09% 31.0 15.9 9.0 2.1
priceenergy up · down
Volatility · vs history since 2019
Price down 0.09% — higher than 0% of past drops
0%255075100%
Energy down 2.1 pts — higher than 13% of past drops
RESEARCH

Trend of Bull Bias NLG Stock 1H

Sample: 3,904 1H candles from 2023-07-31 to 2026-09-21
Number of Bull Bias occurrences: 304 times

When NLG Stock is in Bull Bias:

  • then NLG Stock moved to higher Market State: 106 times34.9%
  • then NLG Stock moved to lower Market State: 198 times65.1%

Current NLG Stock market energy: 58.3%

  • Distance to upper bound of Bull Bias (at 60%): 1.7%
  • Distance to lower bound of Bull Bias (at 20.88%): 37.42%

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

NLG · H1 · 2024-01-23 04:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
60.4%
Bull Critical
58.3%
Bull Bias
57.4%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Right as the 1H candle closes, NLG Stock reflects Bull Bias of Market Energy.

Market energy movement A -2.1% change from the previous candle, Market Energy is now 58.3% (previous: 60.4%).

Time in Bull 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, NLG Stock Market Energy ranged from +43.7 to +98.9.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 11:00 on 23-01-2024 closed, NLG Stock was at 34.08, down 0.09% from the previous candle (34.11). Market Energy was 58.3%, down 2.1 points from 60.4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

NLG closed at 34.08, down 0.09% from the previous 1H candle (34.11). This drop is larger than 0% of past drops on the 1H timeframe for NLG, across 616 candles since 2019.

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

Market Energy fell 2.1 percentage points from the previous candle — from 60.4% to 58.3%. This drop is larger than 13% of past drops on the 1H timeframe for NLG.

Do NLG price and energy agree?

Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.

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

The previous 1H candle had NLG Stock at 60.4%, Bull Critical — when this candle closed, NLG Stock moved down to a lower zone: Bull Critical → Bull Bias.

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

At 58.3%, NLG Stock is 1.7 points from the upper boundary of Bull Bias (60%) and 37.42 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 -28.2%; VN30 (VN30 basket) in Neutral with energy 4.5%. Against this backdrop, NLG Stock (Bull Bias, 58.3%) 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 -35.3%. NLG Stock (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

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

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