Analysis

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Candle close
Price and energy
PIC Stock from 21.43 to 19.29, down 9.99%
Market Energy Bull Bias 30.7% to Bear Bias -25.9%, down 56.5 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 6.72%0.00%▲ 14.29%▼ 9.99%
Energy▼ 99.6▼ 16.0▲ 100.5▼ 56.5
Volatility trend chart · last 4 sessions
▼ 6.72%0.00%▲ 14.29%▼ 9.99%▼ 99.6▼ 16.0▲ 100.5▼ 56.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 9.99% — higher than 96% of past drops
0%255075100%
Energy down 56.5 pts — higher than 77% of past drops
RESEARCH

Trend of Bear Bias PIC Stock 1H

Sample: 1,325 1H candles from 2023-08-03 to 2026-09-25
Number of Bear Bias occurrences: 85 times

▸When PIC Stock is in Bear Bias:

  • then PIC Stock moved to higher Market State: 48 times — 56.5%
  • then PIC Stock moved to lower Market State: 37 times — 43.5%

▸Current PIC Stock market energy: -25.87%

  • Distance to upper bound of Bear Bias (at -20.88%): 4.99%
  • Distance to lower bound of Bear Bias (at -60%): 34.13%

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

PIC · H1 · 2024-10-04 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
30.7%
Bull Bias
-25.9%
Bear Bias
-18.7%
Neutral
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Right as the 1H candle closes, Market PIC in the Bear Bias state.

Market trend update: Compared to the previous candle (30.7%), Market Energy dropped -56.5% to -25.9%.

Time in Bear 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, PIC Stock Market Energy ranged from -69.8 to +30.7.

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 04-10-2024 closed, PIC Stock was at 19.29, down 9.99% from the previous candle (21.43). Market Energy was -25.9%, down 56.5 points from 30.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

PIC closed at 19.29, down 9.99% from the previous 1H candle (21.43). This drop is larger than 96% of past drops on the 1H timeframe for PIC, across 329 candles since 2019.

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

Market Energy fell 56.5 percentage points from the previous candle — from 30.7% to -25.9%. This drop is larger than 77% of past drops on the 1H timeframe for PIC.

Do PIC price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same 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 30.7%, Bull Bias — when this candle closed, PIC Stock moved down to a lower zone: Bull Bias → Bear Bias.

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

At -25.9%, PIC Stock is 4.99 points from the upper boundary of Bear Bias (-20.88%) and 34.13 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Bear Extreme with energy -84.4%; VN30 (VN30 basket) in Bear Extreme with energy -85.9%. Against this backdrop, PIC Stock (Bear Bias, -25.9%) has higher energy 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 15.3%. PIC Stock energy is currently below DXY by 41.2 points.

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 →

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