Analysis

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Candle close
Price and energy
PLO Stock from 4 to 4.2, up 5.00%
Market Energy Bull Extreme 95.5% to Bull Bias 48.1%, down 47.5 pts
Up candle #2 in a row—Energy diverges from price
Price and energy change · last 4 candles
Price▲ 2.78%0.00%▲ 8.11%▲ 5.00%
Energy▲ 65.1▲ 4.7▲ 7.1▼ 47.5
Volatility trend chart · last 4 sessions
▲ 2.78%0.00%▲ 8.11%▲ 5.00%▲ 65.1▲ 4.7▲ 7.1▼ 47.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 5.00% — higher than 25% of past rises
0%255075100%
Energy down 47.5 pts — higher than 78% of past drops
RESEARCH

Trend of Bull Bias PLO Stock 1H

Sample: 667 1H candles from 2023-08-04 to 2026-10-01
Number of Bull Bias occurrences: 37 times

▸When PLO Stock is in Bull Bias:

  • then PLO Stock moved to higher Market State: 21 times — 56.8%
  • then PLO Stock moved to lower Market State: 16 times — 43.2%

▸Current PLO Stock market energy: 48.06%

  • Distance to upper bound of Bull Bias (at 60%): 11.94%
  • Distance to lower bound of Bull Bias (at 20.88%): 27.18%

"History always repeats itself, one way or another" — 2AITRADING

PLO · H1 · 2024-09-04 06:00 UTC
Preview the last 30 candles — price and energy
View live PLO chart →
Market Energy
95.5%
Bull Extreme
48.1%
Bull Bias
48.1%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Reading from the 1H candle, Market Energy of PLO indicates the Bull Bias level.

Per the 2AiTrading energy measurement system, Market Energy dropped -47.5% from the previous session, from 95.5% to 48.1%.

Time in Bull 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, PLO Stock Market Energy ranged from +18.6 to +95.5.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 13:00 on 04-09-2024 closed, PLO Stock was at 4.2, up 5% from the previous candle (4). Market Energy was 48.1%, down 47.5 points from 95.5%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

PLO closed at 4.2, up 5% from the previous 1H candle (4). This rise is larger than 25% of past rises on the 1H timeframe for PLO, across 206 candles since 2019.

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

Market Energy fell 47.5 percentage points from the previous candle — from 95.5% to 48.1%. This drop is larger than 78% of past drops on the 1H timeframe for PLO.

Do PLO price and energy agree?

No. This candle recorded a price rise with energy moving the other way. This describes the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had PLO Stock at 95.5%, Bull Extreme — when this candle closed, PLO Stock moved down to a lower zone: Bull Extreme → Bull Bias.

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

At 48.1%, PLO Stock is 11.94 points from the upper boundary of Bull Bias (60%) and 27.18 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Bear Critical with energy -71%; VN30 (VN30 basket) in Bear Extreme with energy -84.1%. Against this backdrop, PLO Stock (Bull Bias, 48.1%) 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 -19.7%. PLO Stock energy is currently above DXY by 67.7 points.

Real-time Energy Chart

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

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