Analysis

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Candle close
Price and energy
NLG Stock from 39.56 to 38.9, down 1.67%
Market Energy Bull Critical 68.3% to Bear Extreme -79.3%, down 147.6 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.52%0.00%1.20%1.67%
Energy1.31.528.8147.6
Volatility trend chart · last 4 sessions
0.52%0.00% 1.20% 1.67% 1.3 1.5 28.8 147.6
priceenergy up · down
Volatility · vs history since 2019
Price down 1.67% — higher than 92% of past drops
0%255075100%
Energy down 147.6 pts — largest on record (since 2019)
RESEARCH

Trend of Bear Extreme NLG Stock 1H

Sample: 3,901 1H candles from 2023-07-31 to 2026-09-18
Number of Bear Extreme occurrences: 180 times

When NLG Stock is in Bear Extreme:

  • then NLG Stock moved to higher Market State: 180 times100%
  • then NLG Stock moved to lower Market State: 0 times0%

Current NLG Stock market energy: -79.28%

  • Distance to upper bound of Bear Extreme (at -74.5%): 4.78%
  • Distance to bottom -100%: 20.72%

"History always repeats itself, one way or another" — 2AITRADING

NLG · H1 · 2024-05-24 06:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
68.3%
Bull Critical
-79.3%
Bear Extreme
-61.9%
Bear Critical
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

After the system processes the 1H candle, NLG Stock within the Bear Extreme measurement.

Market trend on the 2AiTrading energy system Market Energy dropped -147.6% this candle, currently -79.3% (previous candle 68.3%).

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, NLG Stock Market Energy ranged from -79.3 to +99.8.

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 13:00 on 24-05-2024 closed, NLG Stock was at 38.9, down 1.67% from the previous candle (39.56). Market Energy was -79.3%, down 147.6 points from 68.3%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

NLG closed at 38.9, down 1.67% from the previous 1H candle (39.56). This drop is larger than 92% of past drops on the 1H timeframe for NLG, across 1,012 candles since 2019.

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

Market Energy fell 147.6 percentage points from the previous candle — from 68.3% to -79.3%. This is the largest of all drops on the 1H timeframe for NLG on record since 2019.

Do NLG 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 NLG Stock in on the previous 1H candle?

The previous 1H candle had NLG Stock at 68.3%, Bull Critical — when this candle closed, NLG Stock moved down to a lower zone: Bull Critical → Bear Extreme.

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

At -79.3%, NLG Stock is 4.78 points from the upper boundary of Bear Extreme (-74.5%) and 20.72 points from the lower boundary (-100%) — so energy sits closer to the upper 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 Bear Extreme with energy -83.2%; VN30 (VN30 basket) in Bear Critical with energy -69.9%. Against this backdrop, NLG Stock (Bear Extreme, -79.3%) lower than VN30; sits in the same state zone as VNINDEX.

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 Bull Bias with Market Energy 54.3%. NLG Stock (Bear Extreme) 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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