Analysis

·

Candle close
Price and energy
PIC Stock from 14.47 to 14.64, up 1.17%
Market Energy Bull Bias 59.3% to Bull Bias 35.8%, down 23.5 pts
Up candle #2 in a row—Energy diverges from price
Price and energy change · last 4 candles
Price▲ 1.96%0.00%▲ 3.14%▲ 1.17%
Energy▲ 11.0▲ 0.0▼ 35.0▼ 23.5
Volatility trend chart · last 4 sessions
▲ 1.96%0.00%▲ 3.14%▲ 1.17%▲ 11.0▲ 0.0▼ 35.0▼ 23.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 1.17% — higher than 21% of past rises
0%255075100%
Energy down 23.5 pts — higher than 63% of past drops
RESEARCH

Trend of Bull Bias PIC Stock 1H

Sample: 1,325 1H candles from 2023-08-03 to 2026-09-25
Number of Bull Bias occurrences: 80 times

▸When PIC Stock is in Bull Bias:

  • then PIC Stock moved to higher Market State: 42 times — 52.5%
  • then PIC Stock moved to lower Market State: 38 times — 47.5%

▸Current PIC Stock market energy: 35.8%

  • Distance to upper bound of Bull Bias (at 60%): 24.2%
  • Distance to lower bound of Bull Bias (at 20.88%): 14.92%

"Let data guide you, but never trust it completely" — 2AITRADING

PIC · H1 · 2024-05-17 07:00 UTC
Preview the last 30 candles — price and energy
View live PIC chart →
Market Energy
59.3%
Bull Bias
35.8%
Bull Bias
35.8%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

PIC Stock processing result: the Bull Bias state after the 1H candle closed.

Per the 2AiTrading energy measurement system, Market Energy at 35.8%, down -23.5% from 59.3% in the previous 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, PIC Stock Market Energy ranged from +35.8 to +94.8.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did PIC Stock price and energy show when this 1H candle closed?

When the 1H candle at 14:00 on 17-05-2024 closed, PIC Stock was at 14.64, up 1.17% from the previous candle (14.47). Market Energy was 35.8%, down 23.5 points from 59.3%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

PIC closed at 14.64, up 1.17% from the previous 1H candle (14.47). This rise is larger than 21% of past rises on the 1H timeframe for PIC, across 255 candles since 2019.

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

Market Energy fell 23.5 percentage points from the previous candle — from 59.3% to 35.8%. This drop is larger than 63% of past drops on the 1H timeframe for PIC.

Do PIC 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 PIC Stock in on the previous 1H candle?

The previous 1H candle had PIC Stock at 59.3%, Bull Bias — this candle kept the same state, no zone change.

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

At 35.8%, PIC Stock is 24.2 points from the upper boundary of Bull Bias (60%) and 14.92 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 Critical with energy 60.5%; VN30 (VN30 basket) in Bull Bias with energy 43.4%. Against this backdrop, PIC Stock (Bull Bias, 35.8%) lower 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 38.1%. PIC Stock (Bull Bias) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for PIC 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 PIC on the PIC Stock overview →

To jump to a symbol you're interested in, click .