Analysis

·

Candle close
Price and energy
PGS Stock from 24.69 to 24.78, up 0.36%
Market Energy Bull Extreme 83.5% to Bull Bias 31.4%, down 52.1 pts
Energy diverges from price
Price and energy change · last 4 candles
Price0.00%0.00%0.00%▲ 0.36%
Energy▼ 0.0▼ 0.00.0▼ 52.1
Volatility trend chart · last 4 sessions
0.00%0.00%0.00%▲ 0.36%▼ 0.0▼ 0.00.0▼ 52.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.36% — higher than 6% of past rises
0%255075100%
Energy down 52.1 pts — higher than 79% of past drops
RESEARCH

Trend of Bull Bias PGS Stock 1H

Sample: 937 1H candles from 2023-07-31 to 2026-09-28
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: 31.39%

  • Distance to upper bound of Bull Bias (at 60%): 28.61%
  • Distance to lower bound of Bull Bias (at 20.88%): 10.51%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

PGS · H1 · 2024-03-22 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
83.5%
Bull Extreme
31.4%
Bull Bias
-32.4%
Bear Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Reading from the 1H candle, PGS Stock currently in the Bull Bias energy state.

At the 1H session close, Market Energy dropped -52.1% from the previous session, from 83.5% to 31.4%.

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 -100 to +83.5.

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 09:00 on 22-03-2024 closed, PGS Stock was at 24.78, up 0.36% from the previous candle (24.69). Market Energy was 31.4%, down 52.1 points from 83.5%, 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 24.78, up 0.36% from the previous 1H candle (24.69). This rise is larger than 6% of past rises on the 1H timeframe for PGS, across 322 candles since 2019.

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

Market Energy fell 52.1 percentage points from the previous candle — from 83.5% to 31.4%. This drop is larger than 79% 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 83.5%, 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 31.4%, PGS Stock is 28.61 points from the upper boundary of Bull Bias (60%) and 10.51 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 Extreme with energy 88.1%; VN30 (VN30 basket) in Bull Extreme with energy 92.9%. Against this backdrop, PGS Stock (Bull Bias, 31.4%) lower 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 Extreme with Market Energy 94.9%. 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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