Analysis

·

Candle close
Price and energy
PGS Stock from 25.12 to 22.84, down 9.08%
Market Energy Bull Extreme 95.7% to Bull Bias 34.0%, down 61.6 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 3.51%▼ 1.69%▲ 3.12%▼ 9.08%
Energy▼ 3.7▲ 10.0▲ 11.5▼ 61.6
Volatility trend chart · last 4 sessions
▲ 3.51%▼ 1.69%▲ 3.12%▼ 9.08%▼ 3.7▲ 10.0▲ 11.5▼ 61.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 9.08% — higher than 99% of past drops
0%255075100%
Energy down 61.6 pts — higher than 82% of past drops
RESEARCH

Trend of Bull Bias PGS Stock 1H

Sample: 938 1H candles from 2023-07-31 to 2026-09-29
Number of Bull Bias occurrences: 48 times

▸When PGS Stock is in Bull Bias:

  • then PGS Stock moved to higher Market State: 30 times — 62.5%
  • then PGS Stock moved to lower Market State: 18 times — 37.5%

▸Current PGS Stock market energy: 34.01%

  • Distance to upper bound of Bull Bias (at 60%): 25.99%
  • Distance to lower bound of Bull Bias (at 20.88%): 13.13%

"Does history really repeat itself?" — 2AITRADING

PGS · H1 · 2023-10-26 06:00 UTC
Preview the last 30 candles — price and energy
View live PGS chart →
Market Energy
95.7%
Bull Extreme
34.0%
Bull Bias
99.3%
Bull Extreme
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Energy leaning Bull is the result just recorded for PGS Stock after the 1H candle closed.

Meanwhile, Market Energy showed no change, currently 34%.

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, PGS Stock Market Energy ranged from -9.5 to +95.7.

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 13:00 on 26-10-2023 closed, PGS Stock was at 22.84, down 9.08% from the previous candle (25.12). Market Energy was 34%, down 61.6 points from 95.7%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

PGS closed at 22.84, down 9.08% from the previous 1H candle (25.12). This drop is larger than 99% of past drops on the 1H timeframe for PGS, across 131 candles since 2019.

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

Market Energy fell 61.6 percentage points from the previous candle — from 95.7% to 34%. This drop is larger than 82% of past drops on the 1H timeframe for PGS.

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

The previous 1H candle had PGS Stock at 95.7%, Bull Extreme — when this candle closed, PGS Stock moved down to a lower zone: Bull Extreme → Bull Bias.

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

At 34%, PGS Stock is 25.99 points from the upper boundary of Bull Bias (60%) and 13.13 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Extreme with energy -96.8%; VN30 (VN30 basket) in Bear Extreme with energy -94.7%. Against this backdrop, PGS Stock (Bull Bias, 34%) 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 Bull Critical with Market Energy 63.4%. PGS Stock (Bull Bias) and DXY currently sit on the same Bull side.

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 .