Analysis

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Candle close
Price and energy
PGS Stock from 29.22 to 29.13, down 0.31%
Market Energy Neutral 12.7% to Neutral 13.0%, up 0.3 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▼ 0.34%▼ 4.90%▲ 4.51%▼ 0.31%
Energy▼ 10.3▼ 111.6▲ 66.6▲ 0.3
Volatility trend chart · last 4 sessions
▼ 0.34%▼ 4.90%▲ 4.51%▼ 0.31%▼ 10.3▼ 111.6▲ 66.6▲ 0.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.31% — higher than 4% of past drops
0%255075100%
Energy up 0.3 pts — higher than 8% of past rises
RESEARCH

Trend of Neutral PGS Stock 1H

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

▸When PGS Stock is in Neutral:

  • then PGS Stock moved to higher Market State: 25 times — 80.6%
  • then PGS Stock moved to lower Market State: 6 times — 19.4%

▸Current PGS Stock market energy: 12.99%

  • Distance to upper bound of Neutral (at 20.88%): 7.89%
  • Distance to lower bound of Neutral (at -20.88%): 33.87%

"Why does archaeology matter?" — 2AITRADING

PGS · H1 · 2024-10-29 03:00 UTC
Preview the last 30 candles — price and energy
View live PGS chart →
Market Energy
12.7%
Neutral
13.0%
Neutral
89.4%
Bull Extreme
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Reading from the 1H candle, PGS in the Neutral energy state.

Market trend energy Market Energy rose +0.3% from the previous session, from 12.7% to 13%.

Time in Neutral 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 -53.8 to +68.

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 29-10-2024 closed, PGS Stock was at 29.13, down 0.31% from the previous candle (29.22). Market Energy was 13%, up 0.3 points from 12.7%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did PGS price move on this 1H candle, and how large is that historically?

PGS closed at 29.13, down 0.31% from the previous 1H candle (29.22). This drop is larger than 4% of past drops on the 1H timeframe for PGS, across 530 candles since 2019.

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

Market Energy rose 0.3 percentage points from the previous candle — from 12.7% to 13%. This rise is larger than 8% of past rises on the 1H timeframe for PGS.

Do PGS price and energy agree?

No. Price moved down while energy moved up 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 12.7%, Neutral — this candle kept the same state, no zone change.

Where does PGS Stock energy sit within the Neutral zone?

At 13%, PGS Stock is 7.89 points from the upper boundary of Neutral (20.88%) and 33.87 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 97.4%; VN30 (VN30 basket) in Bull Extreme with energy 82.5%. Against this backdrop, PGS Stock (Neutral, 13%) 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 Bias with Market Energy 43.6%. PGS Stock energy is currently below DXY by 30.6 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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