Analysis

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Candle close
Price and energy
PGS Stock from 27.96 to 27.06, down 3.22%
Market Energy Bull Critical 68.5% to Bull Bias 57.9%, down 10.6 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 5.18%▲ 0.34%▲ 5.79%▼ 3.22%
Energy▲ 14.8▼ 0.4▲ 122.9▼ 10.6
Volatility trend chart · last 4 sessions
▼ 5.18%▲ 0.34%▲ 5.79%▼ 3.22%▲ 14.8▼ 0.4▲ 122.9▼ 10.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 3.22% — higher than 72% of past drops
0%255075100%
Energy down 10.6 pts — higher than 52% 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: 57.93%

  • Distance to upper bound of Bull Bias (at 60%): 2.07%
  • Distance to lower bound of Bull Bias (at 20.88%): 37.05%

"Why does archaeology matter?" — 2AITRADING

PGS · H1 · 2024-07-19 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
68.5%
Bull Critical
57.9%
Bull Bias
74.1%
Bull Critical
Zone
20.88 – 60
Bias
Buyers in control
Explanation

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

The energy side shows Market Energy reading dropped -10.6%, moving from 68.5% to 57.9% after the 1H candle.

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 -54.4 to +68.5.

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 14:00 on 19-07-2024 closed, PGS Stock was at 27.06, down 3.22% from the previous candle (27.96). Market Energy was 57.9%, down 10.6 points from 68.5%, 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 27.06, down 3.22% from the previous 1H candle (27.96). This drop is larger than 72% of past drops on the 1H timeframe for PGS, across 462 candles since 2019.

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

Market Energy fell 10.6 percentage points from the previous candle — from 68.5% to 57.9%. This drop is larger than 52% of past drops on the 1H timeframe for PGS.

Do PGS price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. 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 68.5%, Bull Critical — when this candle closed, PGS Stock moved down to a lower zone: Bull Critical → Bull Bias.

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

At 57.9%, PGS Stock is 2.07 points from the upper boundary of Bull Bias (60%) and 37.05 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Neutral with energy 2%; VN30 (VN30 basket) in Bull Bias with energy 33.2%. Against this backdrop, PGS Stock (Bull Bias, 57.9%) has higher energy than VNINDEX; sits in the same state zone as 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 Bias with Market Energy 42.9%. 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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