Analysis

·

Candle close
Price and energy
PET Stock from 19.67 to 19.47, down 1.02%
Market Energy Bull Bias 29.1% to Neutral -9.6%, down 38.7 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.56%0.20%1.02%
Energy8.630.95.038.7
Volatility trend chart · last 4 sessions
0.00% 0.56% 0.20% 1.02% 8.6 30.9 5.0 38.7
priceenergy up · down
Volatility · vs history since 2019
Price down 1.02% — higher than 77% of past drops
0%255075100%
Energy down 38.7 pts — higher than 89% of past drops
RESEARCH

Trend of Neutral PET Stock 1H

Sample: 3,908 1H candles from 2023-07-31 to 2026-09-22
Number of Neutral occurrences: 264 times

When PET Stock is in Neutral:

  • then PET Stock moved to higher Market State: 119 times45.1%
  • then PET Stock moved to lower Market State: 145 times54.9%

Current PET Stock market energy: -9.6%

  • Distance to upper bound of Neutral (at 20.88%): 30.48%
  • Distance to lower bound of Neutral (at -20.88%): 11.28%

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

PET · H1 · 2024-06-24 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
29.1%
Bull Bias
-9.6%
Neutral
-99.7%
Bear Extreme
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

PET Stock recorded in the Neutral level as the 1H candle ended.

Looking at the energy level, The energy level dropped -38.7%: from 29.1% now at -9.6%.

Time in Neutral 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, PET Stock Market Energy ranged from -52.1 to +77.7.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 09:00 on 24-06-2024 closed, PET Stock was at 19.47, down 1.02% from the previous candle (19.67). Market Energy was -9.6%, down 38.7 points from 29.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

PET closed at 19.47, down 1.02% from the previous 1H candle (19.67). This drop is larger than 77% of past drops on the 1H timeframe for PET, across 1,114 candles since 2019.

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

Market Energy fell 38.7 percentage points from the previous candle — from 29.1% to -9.6%. This drop is larger than 89% of past drops on the 1H timeframe for PET.

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

The previous 1H candle had PET Stock at 29.1%, Bull Bias — when this candle closed, PET Stock moved down to a lower zone: Bull Bias → Neutral.

Where does PET Stock energy sit within the Neutral zone?

At -9.6%, PET Stock is 30.48 points from the upper boundary of Neutral (20.88%) and 11.28 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 -22.3%; VN30 (VN30 basket) in Neutral with energy 15.3%. Against this backdrop, PET Stock (Neutral, -9.6%) 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 Bull Bias with Market Energy 32.7%. PET Stock energy is currently below DXY by 42.3 points.

Real-time Energy Chart

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

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