Analysis

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Candle close
Price and energy
PNJ Stock from 61.3 to 60.85, down 0.73%
Market Energy Bull Critical 72.7% to Bull Bias 34.4%, down 38.3 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price1.67%0.31%0.00%0.73%
Energy7.85.54.338.3
Volatility trend chart · last 4 sessions
1.67% 0.31%0.00% 0.73% 7.8 5.5 4.3 38.3
priceenergy up · down
Volatility · vs history since 2019
Price down 0.73% — higher than 84% of past drops
0%255075100%
Energy down 38.3 pts — higher than 86% of past drops
RESEARCH

Trend of Bull Bias PNJ Stock 1H

Sample: 3,899 1H candles from 2023-07-31 to 2026-09-18
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: 34.38%

  • Distance to upper bound of Bull Bias (at 60%): 25.62%
  • Distance to lower bound of Bull Bias (at 20.88%): 13.5%

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

PNJ · H1 · 2024-03-05 06:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
72.7%
Bull Critical
34.4%
Bull Bias
46.2%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Right as the 1H candle closes, PNJ Stock within the Bull Bias state.

Per the 2AiTrading energy measurement system, Market Energy at 34.4%, down -38.3% from 72.7% in the previous candle.

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, PNJ Stock Market Energy ranged from -11 to +99.3.

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 05-03-2024 closed, PNJ Stock was at 60.85, down 0.73% from the previous candle (61.3). Market Energy was 34.4%, down 38.3 points from 72.7%, 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 60.85, down 0.73% from the previous 1H candle (61.3). This drop is larger than 84% of past drops on the 1H timeframe for PNJ, across 742 candles since 2019.

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

Market Energy fell 38.3 percentage points from the previous candle — from 72.7% to 34.4%. This drop is larger than 86% 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 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 72.7%, Bull Critical — when this candle closed, PNJ Stock moved down to a lower zone: Bull Critical → Bull Bias.

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

At 34.4%, PNJ Stock is 25.62 points from the upper boundary of Bull Bias (60%) and 13.5 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 Bias with energy 46.8%; VN30 (VN30 basket) in Bull Bias with energy 52.8%. Against this backdrop, PNJ Stock (Bull Bias, 34.4%) sits in the same state zone as 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 11.9%. PNJ Stock energy is currently above DXY by 22.5 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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