Analysis

·

Candle close
Price and energy
PNJ Stock from 62.37 to 62.69, up 0.51%
Market Energy Neutral 10.9% to Bull Bias 48.4%, up 37.6 pts
Up candle #3 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.19%0.19%0.23%0.51%
Energy17.82.77.837.6
Volatility trend chart · last 4 sessions
0.19% 0.19% 0.23% 0.51% 17.8 2.7 7.8 37.6
priceenergy up · down
Volatility · vs history since 2019
Price up 0.51% — higher than 62% of past rises
0%255075100%
Energy up 37.6 pts — higher than 81% of past rises
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: 48.43%

  • Distance to upper bound of Bull Bias (at 60%): 11.57%
  • Distance to lower bound of Bull Bias (at 20.88%): 27.55%

"To truly understand anything, study its history" — 2AITRADING

PNJ · H1 · 2024-03-22 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
10.9%
Neutral
48.4%
Bull Bias
26.0%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

The Bull Bias energy zone determined for PNJ Stock through the 1H candle data.

Market trend energy Market Energy rose +37.6% this candle, currently 48.4% (previous candle 10.9%).

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 -85.3 to +84.8.

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 14:00 on 22-03-2024 closed, PNJ Stock was at 62.69, up 0.51% from the previous candle (62.37). Market Energy was 48.4%, up 37.6 points from 10.9%, 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 62.69, up 0.51% from the previous 1H candle (62.37). This rise is larger than 62% of past rises on the 1H timeframe for PNJ, across 808 candles since 2019.

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

Market Energy rose 37.6 percentage points from the previous candle — from 10.9% to 48.4%. This rise is larger than 81% of past rises on the 1H timeframe for PNJ.

Do PNJ price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. 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 10.9%, Neutral — when this candle closed, PNJ Stock moved up to a higher zone: Neutral → Bull Bias.

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

At 48.4%, PNJ Stock is 11.57 points from the upper boundary of Bull Bias (60%) and 27.55 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 Bull Critical with energy 67.7%; VN30 (VN30 basket) in Bull Extreme with energy 74.7%. Against this backdrop, PNJ Stock (Bull Bias, 48.4%) 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 Bull Extreme with Market Energy 86.9%. PNJ Stock (Bull Bias) and DXY currently sit on the same Bull side.

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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PNJ Stock 1H — Bull Bias 48.4%, rising · 2024-03-22