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| Price | 0.00% | ▲ 0.39% | ▲ 1.43% | ▼ 0.34% |
| Energy | 0.0 | ▲ 2.1 | ▲ 31.6 | ▲ 18.3 |
Trend of Bear Bias PGS Stock 1H
▸When PGS Stock is in Bear Bias:
- then PGS Stock moved to higher Market State: 26 times — 57.8%
- then PGS Stock moved to lower Market State: 19 times — 42.2%
▸Current PGS Stock market energy: -41.94%
- Distance to upper bound of Bear Bias (at -20.88%): 21.06%
- Distance to lower bound of Bear Bias (at -60%): 18.06%
"History always repeats itself, one way or another" — 2AITRADING
After the 1H candle closes, PGS Stock in the Bear Bias state.
Market trend update: Market Energy rose +18.3% this candle, currently -41.9% (previous candle -60.3%).
Time in Bear Bias energy zone: 1 1H Candle
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.
Over the past 5 days, PGS Stock Market Energy ranged from -94 to -41.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did PGS Stock price and energy show when this 1H candle closed?
When the 1H candle at 13:00 on 16-01-2024 closed, PGS Stock was at 23.35, down 0.34% from the previous candle (23.43). Market Energy was -41.9%, up 18.3 points from -60.3%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did PGS price move on this 1H candle, and how large is that historically?
PGS closed at 23.35, down 0.34% from the previous 1H candle (23.43). This drop is larger than 2% of past drops on the 1H timeframe for PGS, across 226 candles since 2019.
How did PGS Stock Market Energy change from the previous candle?
Market Energy rose 18.3 percentage points from the previous candle — from -60.3% to -41.9%. This rise is larger than 58% of past rises on the 1H timeframe for PGS.
Do PGS price and energy agree?
No. On this candle price fell but energy rose — the two moved in opposite directions. 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 -60.3%, Bear Critical — when this candle closed, PGS Stock moved up to a higher zone: Bear Critical → Bear Bias.
Where does PGS Stock energy sit within the Bear Bias zone?
At -41.9%, PGS Stock is 21.06 points from the upper boundary of Bear Bias (-20.88%) and 18.06 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Bias with energy -55.3%; VN30 (VN30 basket) in Bear Critical with energy -62.3%. Against this backdrop, PGS Stock (Bear Bias, -41.9%) 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 Bull Extreme with Market Energy 90.3%. PGS Stock (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for PGS Stock.
Open Energy ChartSee the full 2AiTrading Model data for PGS on the PGS Stock overview →
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