Analysis

·

Candle close
Price and energy
PGS Stock from 29.77 to 31.57, up 6.05%
Market Energy Bear Bias -24.6% to Bear Bias -46.6%, down 22.0 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▼ 8.43%▼ 4.89%0.00%▲ 6.05%
Energy▼ 82.7▲ 14.2▲ 0.0▼ 22.0
Volatility trend chart · last 4 sessions
▼ 8.43%▼ 4.89%0.00%▲ 6.05%▼ 82.7▲ 14.2▲ 0.0▼ 22.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 6.05% — higher than 82% of past rises
0%255075100%
Energy down 22.0 pts — higher than 62% of past drops
RESEARCH

Trend of Bear Bias PGS Stock 1H

Sample: 937 1H candles from 2023-07-31 to 2026-09-28
Number of Bear Bias occurrences: 45 times

▸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: -46.62%

  • Distance to upper bound of Bear Bias (at -20.88%): 25.74%
  • Distance to lower bound of Bear Bias (at -60%): 13.38%

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

PGS · H1 · 2024-08-19 03:00 UTC
Preview the last 30 candles — price and energy
View live PGS chart →
Market Energy
-24.6%
Bear Bias
-46.6%
Bear Bias
-20.5%
Neutral
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

PGS processing result: the energy zone tilted toward Bear after the 1H candle closed.

Looking at the energy level, Market Energy reading dropped -22%, moving from -24.6% to -46.6% after the 1H candle.

Time in Bear Bias energy zone: 4 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 -46.6 to +43.8.

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 10:00 on 19-08-2024 closed, PGS Stock was at 31.57, up 6.05% from the previous candle (29.77). Market Energy was -46.6%, down 22.0 points from -24.6%, 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 31.57, up 6.05% from the previous 1H candle (29.77). This rise is larger than 82% of past rises on the 1H timeframe for PGS, across 485 candles since 2019.

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

Market Energy fell 22 percentage points from the previous candle — from -24.6% to -46.6%. This drop is larger than 62% 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 -24.6%, Bear Bias — this candle kept the same state, no zone change.

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

At -46.6%, PGS Stock is 25.74 points from the upper boundary of Bear Bias (-20.88%) and 13.38 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 Bull Extreme with energy 99.5%; VN30 (VN30 basket) in Bull Extreme with energy 98%. Against this backdrop, PGS Stock (Bear Bias, -46.6%) 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 Bear Extreme with Market Energy -96.5%. PGS Stock (Bear Bias) and DXY currently sit on the same Bear 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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