Analysis

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Candle close
Price and energy
PNJ Stock from 61.73 to 61.86, up 0.21%
Market Energy Bull Bias 31.8% to Bull Bias 29.8%, down 2.0 pts
Energy diverges from price
Price and energy change · last 4 candles
Price0.72%0.10%0.40%0.21%
Energy17.14.014.22.0
Volatility trend chart · last 4 sessions
0.72% 0.10% 0.40% 0.21% 17.1 4.0 14.2 2.0
priceenergy up · down
Volatility · vs history since 2019
Price up 0.21% — higher than 24% of past rises
0%255075100%
Energy down 2.0 pts — higher than 9% 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: 29.83%

  • Distance to upper bound of Bull Bias (at 60%): 30.17%
  • Distance to lower bound of Bull Bias (at 20.88%): 8.95%

"Does history really repeat itself?" — 2AITRADING

PNJ · H1 · 2024-05-08 06:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
31.8%
Bull Bias
29.8%
Bull Bias
47.8%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Following the completion of the 1H candle, PNJ Stock shows the Bull trend energy zone.

On the 2AiTrading energy system, Market trend energy recorded a -2% drop from the previous candle, from 31.8% to 29.8%.

Time in Bull Bias energy zone: 4 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 +29.8 to +86.8.

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 13:00 on 08-05-2024 closed, PNJ Stock was at 61.86, up 0.21% from the previous candle (61.73). Market Energy was 29.8%, down 2.0 points from 31.8%, 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 61.86, up 0.21% from the previous 1H candle (61.73). This rise is larger than 24% of past rises on the 1H timeframe for PNJ, across 952 candles since 2019.

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

Market Energy fell 2 percentage points from the previous candle — from 31.8% to 29.8%. This drop is larger than 9% of past drops on the 1H timeframe for PNJ.

Do PNJ price and energy agree?

No. This candle recorded a price rise with energy moving the other way. 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 31.8%, Bull Bias — this candle kept the same state, no zone change.

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

At 29.8%, PNJ Stock is 30.17 points from the upper boundary of Bull Bias (60%) and 8.95 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%; VN30 (VN30 basket) in Bull Critical with energy 67.4%. Against this backdrop, PNJ Stock (Bull Bias, 29.8%) lower than VN30; sits in the same state zone as VNINDEX.

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 80.2%. 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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