Analysis

·

Candle close
Price and energy
PGS Stock from 24.36 to 23.94, down 1.72%
Market Energy Bull Critical 67.6% to Bull Extreme 77.9%, up 10.3 pts
Down candle #2 in a row—Energy diverges from price
Price and energy change · last 4 candles
Price▼ 1.86%▲ 9.11%▼ 3.64%▼ 1.72%
Energy▼ 97.5▲ 94.0▼ 16.9▲ 10.3
Volatility trend chart · last 4 sessions
▼ 1.86%▲ 9.11%▼ 3.64%▼ 1.72%▼ 97.5▲ 94.0▼ 16.9▲ 10.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.72% — higher than 47% of past drops
0%255075100%
Energy up 10.3 pts — higher than 44% of past rises
RESEARCH

Trend of Bull Extreme PGS Stock 1H

Sample: 937 1H candles from 2023-07-31 to 2026-09-28
Number of Bull Extreme occurrences: 98 times

▸When PGS Stock is in Bull Extreme:

  • then PGS Stock moved to higher Market State: 0 times — 0%
  • then PGS Stock moved to lower Market State: 98 times — 100%

▸Current PGS Stock market energy: 77.87%

  • Distance to peak 100%: 22.13%
  • Distance to lower bound of Bull Extreme (at 74.5%): 3.37%

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

PGS · H1 · 2023-10-24 07:00 UTC
Preview the last 30 candles — price and energy
View live PGS chart →
Market Energy
67.6%
Bull Critical
77.9%
Bull Extreme
74.2%
Bull Critical
Zone
74.5 – 100
Bias
Buyers in control
Explanation

Reading from the 1H candle, Market PGS Stock in the Bull Extreme reading.

Per the 2AI model, Market Energy rose +10.3% from the previous candle, from 67.6% to 77.9%.

Time in Bull 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, PGS Stock Market Energy ranged from -9.5 to +99.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 14:00 on 24-10-2023 closed, PGS Stock was at 23.94, down 1.72% from the previous candle (24.36). Market Energy was 77.9%, up 10.3 points from 67.6%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

PGS closed at 23.94, down 1.72% from the previous 1H candle (24.36). This drop is larger than 47% of past drops on the 1H timeframe for PGS, across 127 candles since 2019.

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

Market Energy rose 10.3 percentage points from the previous candle — from 67.6% to 77.9%. This rise is larger than 44% of past rises on the 1H timeframe for PGS.

Do PGS price and energy agree?

No. This candle recorded a price decline with energy moving the other way. This describes a closed candle, not a forecast of where price goes next.

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

The previous 1H candle had PGS Stock at 67.6%, Bull Critical — when this candle closed, PGS Stock moved up to a higher zone: Bull Critical → Bull Extreme.

Where does PGS Stock energy sit within the Bull Extreme zone?

At 77.9%, PGS Stock is 22.13 points from the upper boundary of Bull Extreme (100%) and 3.37 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bull Extreme mean?

Bull 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 Bull 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 Extreme with energy 95.8%; VN30 (VN30 basket) in Bull Critical with energy 69.2%. Against this backdrop, PGS Stock (Bull Extreme, 77.9%) has higher energy 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 Neutral with Market Energy 14.8%. PGS Stock energy is currently above DXY by 63 points.

Real-time Energy Chart

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

To jump to a symbol you're interested in, click .