Analysis

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Candle close
Price and energy
PGS Stock from 22.51 to 22.66, up 0.67%
Market Energy Bull Extreme 97.4% to Bull Extreme 84.5%, down 12.8 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▼ 1.10%0.00%0.00%▲ 0.67%
Energy▲ 54.3▼ 1.9▲ 6.7▼ 12.8
Volatility trend chart · last 4 sessions
▼ 1.10%0.00%0.00%▲ 0.67%▲ 54.3▼ 1.9▲ 6.7▼ 12.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.67% — higher than 9% of past rises
0%255075100%
Energy down 12.8 pts — higher than 50% of past drops
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: 84.53%

  • Distance to peak 100%: 15.47%
  • Distance to lower bound of Bull Extreme (at 74.5%): 10.03%

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

PGS · H1 · 2023-12-08 03:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
97.4%
Bull Extreme
84.5%
Bull Extreme
83.7%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

With the 1H candle just closed, PGS Stock noted at the extreme Bull energy zone.

On the measurement side, The energy level dropped -12.8%: from 97.4% now at 84.5%.

Time in Bull Extreme energy zone: 4 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 +97.4.

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 10:00 on 08-12-2023 closed, PGS Stock was at 22.66, up 0.67% from the previous candle (22.51). Market Energy was 84.5%, down 12.8 points from 97.4%, 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 22.66, up 0.67% from the previous 1H candle (22.51). This rise is larger than 9% of past rises on the 1H timeframe for PGS, across 182 candles since 2019.

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

Market Energy fell 12.8 percentage points from the previous candle — from 97.4% to 84.5%. This drop is larger than 50% of past drops on the 1H timeframe for PGS.

Do PGS price and energy agree?

No. Price moved up while energy moved down on this candle. 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 97.4%, Bull Extreme — this candle kept the same state, no zone change.

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

At 84.5%, PGS Stock is 15.47 points from the upper boundary of Bull Extreme (100%) and 10.03 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 Neutral with energy -1.3%; VN30 (VN30 basket) in Bull Critical with energy 61.5%. Against this backdrop, PGS Stock (Bull Extreme, 84.5%) 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 Bear Bias with Market Energy -38%. PGS Stock (Bull Extreme) and DXY currently sit on opposite sides.

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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PGS Stock 1H — Bull Extreme 84.5%, falling · 2023-12-08