Analysis

·

Candle close
Price and energy
PGS Stock from 23.01 to 22.76, down 1.09%
Market Energy Bull Bias 33.0% to Bull Bias 38.2%, up 5.3 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▲ 1.10%▼ 10.61%▲ 7.52%▼ 1.09%
Energy▼ 20.6▼ 173.5▲ 127.2▲ 5.3
Volatility trend chart · last 4 sessions
▲ 1.10%▼ 10.61%▲ 7.52%▼ 1.09%▼ 20.6▼ 173.5▲ 127.2▲ 5.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.09% — higher than 24% of past drops
0%255075100%
Energy up 5.3 pts — higher than 28% of past rises
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: 38.24%

  • Distance to upper bound of Bull Bias (at 60%): 21.76%
  • Distance to lower bound of Bull Bias (at 20.88%): 17.36%

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

PGS · H1 · 2023-12-05 07:00 UTC
Preview the last 30 candles — price and energy
View live PGS chart →
Market Energy
33.0%
Bull Bias
38.2%
Bull Bias
92.6%
Bull Extreme
Zone
20.88 – 60
Bias
Buyers in control
Explanation

The Bull trend energy zone is the result just recorded for PGS Stock after the 1H candle closed.

On the measurement side, Market Energy reading rose +5.3%, moving from 33% to 38.2% after the 1H candle.

Time in Bull Bias energy zone: 2 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 -94.3 to +99.9.

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 05-12-2023 closed, PGS Stock was at 22.76, down 1.09% from the previous candle (23.01). Market Energy was 38.2%, up 5.3 points from 33%, 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 22.76, down 1.09% from the previous 1H candle (23.01). This drop is larger than 24% of past drops on the 1H timeframe for PGS, across 178 candles since 2019.

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

Market Energy rose 5.3 percentage points from the previous candle — from 33% to 38.2%. This rise is larger than 28% 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 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 33%, Bull Bias — this candle kept the same state, no zone change.

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

At 38.2%, PGS Stock is 21.76 points from the upper boundary of Bull Bias (60%) and 17.36 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 Bull Bias with energy 24.8%; VN30 (VN30 basket) in Neutral with energy 8%. Against this backdrop, PGS Stock (Bull Bias, 38.2%) 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 Bull Extreme with Market Energy 95.1%. 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 →

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