Analysis

·

Price and energy
PLC Stock from 30.09 to 29.24, down 2.82%
Market Energy Bull Extreme 80.8% to Bear Bias -24.0%, down 104.8 pts
Down candle #3 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price2.82%0.29%1.54%2.82%
Energy5.23.08.3104.8
Volatility trend chart · last 4 sessions
2.82% 0.29% 1.54% 2.82% 5.2 3.0 8.3 104.8
priceenergy up · down
Volatility · vs history since 2019
Price down 2.82% — higher than 97% of past drops
0%255075100%
Energy down 104.8 pts — higher than 98% of past drops
RESEARCH

Trend of Bear Bias PLC Stock 1H

Sample: 3,872 1H candles from 2023-07-31 to 2026-09-16
Number of Bear Bias occurrences: 323 times

When PLC Stock is in Bear Bias:

  • then PLC Stock moved to higher Market State: 176 times54.5%
  • then PLC Stock moved to lower Market State: 147 times45.5%

Current PLC Stock market energy: -23.95%

  • Distance to upper bound of Bear Bias (at -20.88%): 3.07%
  • Distance to lower bound of Bear Bias (at -60%): 36.05%

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

PLC · H1 · 2024-05-24 06:00 UTC
Preview the last 30 candles — price and energy
View live PLC chart →
Market Energy
80.8%
Bull Extreme
-24.0%
Bear Bias
-33.7%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Reading from the 1H candle, PLC Stock noted at the energy state tilted toward Bear.

Market energy movement Market Energy stayed level with the previous candle, at -24%.

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, PLC Stock Market Energy ranged from -84.1 to +97.3.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 13:00 on 24-05-2024 closed, PLC Stock was at 29.24, down 2.82% from the previous candle (30.09). Market Energy was -24%, down 104.8 points from 80.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

PLC closed at 29.24, down 2.82% from the previous 1H candle (30.09). This drop is larger than 97% of past drops on the 1H timeframe for PLC, across 1,007 candles since 2019.

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

Market Energy fell 104.8 percentage points from the previous candle — from 80.8% to -24%. This drop is larger than 98% of past drops on the 1H timeframe for PLC.

Do PLC price and energy agree?

Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.

What state was PLC Stock in on the previous 1H candle?

The previous 1H candle had PLC Stock at 80.8%, Bull Extreme — when this candle closed, PLC Stock moved down to a lower zone: Bull Extreme → Bear Bias.

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

At -24%, PLC Stock is 3.07 points from the upper boundary of Bear Bias (-20.88%) and 36.05 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 -83.2%; VN30 (VN30 basket) in Bear Critical with energy -69.9%. Against this backdrop, PLC Stock (Bear Bias, -24%) 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 Bull Bias with Market Energy 54.3%. PLC Stock (Bear Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

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

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