Analysis

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Candle close
Price and energy
PGS Stock from 27.54 to 27.45, down 0.33%
Market Energy Bull Bias 27.1% to Bull Bias 24.0%, down 3.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%▼ 4.75%▲ 3.34%▼ 0.33%
Energy0.0▼ 74.4▲ 28.1▼ 3.1
Volatility trend chart · last 4 sessions
0.00%▼ 4.75%▲ 3.34%▼ 0.33%0.0▼ 74.4▲ 28.1▼ 3.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.33% — higher than 2% of past drops
0%255075100%
Energy down 3.1 pts — higher than 30% 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: 23.99%

  • Distance to upper bound of Bull Bias (at 60%): 36.01%
  • Distance to lower bound of Bull Bias (at 20.88%): 3.11%

"Does history really repeat itself?" — 2AITRADING

PGS · H1 · 2024-05-14 07:00 UTC
Preview the last 30 candles — price and energy
View live PGS chart →
Market Energy
27.1%
Bull Bias
24.0%
Bull Bias
91.9%
Bull Extreme
Zone
20.88 – 60
Bias
Buyers in control
Explanation

The system just recorded PGS Stock in the Bull Bias zone after the 1H candle closed.

Market energy movement Market Energy reading dropped -3.1%, moving from 27.1% to 24% 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 -1 to +73.4.

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 14:00 on 14-05-2024 closed, PGS Stock was at 27.45, down 0.33% from the previous candle (27.54). Market Energy was 24%, down 3.1 points from 27.1%, 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 27.45, down 0.33% from the previous 1H candle (27.54). This drop is larger than 2% of past drops on the 1H timeframe for PGS, across 392 candles since 2019.

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

Market Energy fell 3.1 percentage points from the previous candle — from 27.1% to 24%. This drop is larger than 30% of past drops on the 1H timeframe for PGS.

Do PGS price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. 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 27.1%, Bull Bias — this candle kept the same state, no zone change.

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

At 24%, PGS Stock is 36.01 points from the upper boundary of Bull Bias (60%) and 3.11 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 28.3%; VN30 (VN30 basket) in Bull Critical with energy 62.8%. Against this backdrop, PGS Stock (Bull Bias, 24%) lower 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 Neutral with Market Energy -2.3%. PGS Stock energy is currently above DXY by 26.3 points.

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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