·
| Price | ▼ 6.40% | ▲ 5.47% | ▼ 5.18% | ▲ 0.34% |
| Energy | ▲ 38.0 | ▼ 8.0 | ▲ 14.8 | ▼ 0.4 |
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: -54.42%
- Distance to upper bound of Bear Bias (at -20.88%): 33.54%
- Distance to lower bound of Bear Bias (at -60%): 5.58%
"History always repeats itself, one way or another" — 2AITRADING
Once measurement on the 1H timeframe completes, PGS Stock classified as the energy state leaning Bear.
Per the 2AiTrading energy measurement system, Market Energy at -54.4%, down -0.4% from -54.1% in the previous candle.
Time in Bear Bias energy zone: 2 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 -68.9 to -54.1.
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 17-07-2024 closed, PGS Stock was at 26.43, up 0.34% from the previous candle (26.34). Market Energy was -54.4%, down 0.4 points from -54.1%, 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 26.43, up 0.34% from the previous 1H candle (26.34). This rise is larger than 3% of past rises on the 1H timeframe for PGS, across 460 candles since 2019.
How did PGS Stock Market Energy change from the previous candle?
Market Energy fell 0.4 percentage points from the previous candle — from -54.1% to -54.4%. This drop is larger than 11% of past drops on the 1H timeframe for PGS.
Do PGS price and energy agree?
No. This candle recorded a price rise with energy moving the other way. 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 -54.1%, Bear Bias — this candle kept the same state, no zone change.
Where does PGS Stock energy sit within the Bear Bias zone?
At -54.4%, PGS Stock is 33.54 points from the upper boundary of Bear Bias (-20.88%) and 5.58 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 Neutral with energy -9.9%; VN30 (VN30 basket) in Bull Extreme with energy 84%. Against this backdrop, PGS Stock (Bear Bias, -54.4%) 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 Neutral with Market Energy -19.3%. PGS Stock energy is currently below DXY by 35.1 points.
See the real-time energy chart for PGS Stock.
Open Energy ChartSee the full 2AiTrading Model data for PGS on the PGS Stock overview →
To jump to a symbol you're interested in, click .