Analysis

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Candle close
Price and energy
PNJ Stock from 49.51 to 49.33, down 0.36%
Market Energy Bull Bias 43.8% to Neutral 15.0%, down 28.8 pts
Down candle #3 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price1.02%0.12%0.12%0.36%
Energy38.615.53.128.8
Volatility trend chart · last 4 sessions
1.02% 0.12% 0.12% 0.36% 38.6 15.5 3.1 28.8
priceenergy up · down
Volatility · vs history since 2019
Price down 0.36% — higher than 52% of past drops
0%255075100%
Energy down 28.8 pts — higher than 82% of past drops
RESEARCH

Trend of Neutral PNJ Stock 1H

Sample: 3,907 1H candles from 2023-07-31 to 2026-09-22
Number of Neutral occurrences: 286 times

When PNJ Stock is in Neutral:

  • then PNJ Stock moved to higher Market State: 141 times49.3%
  • then PNJ Stock moved to lower Market State: 145 times50.7%

Current PNJ Stock market energy: 15.03%

  • Distance to upper bound of Neutral (at 20.88%): 5.85%
  • Distance to lower bound of Neutral (at -20.88%): 35.91%

"A person's history reveals more than you might think" — 2AITRADING

PNJ · H1 · 2023-09-29 06:00 UTC
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Market Energy
43.8%
Bull Bias
15.0%
Neutral
-3.4%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Reading from the 1H candle, PNJ Stock noted at the neutral energy state.

Market trend on the 2AiTrading energy system Market trend energy recorded a -28.8% drop from the previous candle, from 43.8% to 15%.

Time in Neutral 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, PNJ Stock Market Energy ranged from -99.6 to +46.9.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 13:00 on 29-09-2023 closed, PNJ Stock was at 49.33, down 0.36% from the previous candle (49.51). Market Energy was 15%, down 28.8 points from 43.8%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

PNJ closed at 49.33, down 0.36% from the previous 1H candle (49.51). This drop is larger than 52% of past drops on the 1H timeframe for PNJ, across 212 candles since 2019.

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

Market Energy fell 28.8 percentage points from the previous candle — from 43.8% to 15%. This drop is larger than 82% of past drops on the 1H timeframe for PNJ.

Do PNJ price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

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

The previous 1H candle had PNJ Stock at 43.8%, Bull Bias — when this candle closed, PNJ Stock moved down to a lower zone: Bull Bias → Neutral.

Where does PNJ Stock energy sit within the Neutral zone?

At 15%, PNJ Stock is 5.85 points from the upper boundary of Neutral (20.88%) and 35.91 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 Critical with energy 66.3%; VN30 (VN30 basket) in Bull Critical with energy 61.2%. Against this backdrop, PNJ Stock (Neutral, 15%) 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 Bear Extreme with Market Energy -78.1%. PNJ Stock energy is currently above DXY by 93.1 points.

Real-time Energy Chart

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

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