Analysis

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Candle close
Price and energy
PNJ Stock from 45.86 to 45.99, up 0.28%
Market Energy Bull Bias 24.2% to Bull Bias 30.0%, up 5.8 pts
Up candle #3 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price1.10%1.27%0.68%0.28%
Energy23.033.263.35.8
Volatility trend chart · last 4 sessions
1.10% 1.27% 0.68% 0.28% 23.0 33.2 63.3 5.8
priceenergy up · down
Volatility · vs history since 2019
Price up 0.28% — higher than 41% of past rises
0%255075100%
Energy up 5.8 pts — higher than 33% of past rises
RESEARCH

Trend of Bull Bias PNJ Stock 1H

Sample: 3,902 1H candles from 2023-07-31 to 2026-09-21
Number of Bull Bias occurrences: 305 times

When PNJ Stock is in Bull Bias:

  • then PNJ Stock moved to higher Market State: 112 times36.7%
  • then PNJ Stock moved to lower Market State: 193 times63.3%

Current PNJ Stock market energy: 29.97%

  • Distance to upper bound of Bull Bias (at 60%): 30.03%
  • Distance to lower bound of Bull Bias (at 20.88%): 9.09%

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

PNJ · H1 · 2023-11-02 03:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
24.2%
Bull Bias
30.0%
Bull Bias
74.8%
Bull Extreme
Zone
20.88 – 60
Bias
Buyers in control
Explanation

With the 1H candle just closed, PNJ Stock reflects the Bull Bias energy zone.

Looking at the Market Energy reading, Energy delta +5.8%: Market Energy at 30%, previously 24.2%.

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, PNJ Stock Market Energy ranged from -94.8 to +30.

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 10:00 on 02-11-2023 closed, PNJ Stock was at 45.99, up 0.28% from the previous candle (45.86). Market Energy was 30%, up 5.8 points from 24.2%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

PNJ closed at 45.99, up 0.28% from the previous 1H candle (45.86). This rise is larger than 41% of past rises on the 1H timeframe for PNJ, across 330 candles since 2019.

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

Market Energy rose 5.8 percentage points from the previous candle — from 24.2% to 30%. This rise is larger than 33% of past rises on the 1H timeframe for PNJ.

Do PNJ price and energy agree?

Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had PNJ Stock at 24.2%, Bull Bias — this candle kept the same state, no zone change.

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

At 30%, PNJ Stock is 30.03 points from the upper boundary of Bull Bias (60%) and 9.09 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 Extreme with energy 98.9%; VN30 (VN30 basket) in Bull Extreme with energy 96.7%. Against this backdrop, PNJ Stock (Bull Bias, 30%) 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 -99.6%. PNJ Stock (Bull Bias) and DXY currently sit on opposite sides.

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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