Analysis

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Price and energy
PNJ Stock from 59.88 to 59.81, down 0.12%
Market Energy Bear Bias -46.2% to Bear Bias -58.0%, down 11.9 pts
Down candle #3 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.85%0.63%0.22%0.12%
Energy45.18.431.211.9
Volatility trend chart · last 4 sessions
0.85% 0.63% 0.22% 0.12% 45.1 8.4 31.2 11.9
priceenergy up · down
Volatility · vs history since 2019
Price down 0.12% — higher than 10% of past drops
0%255075100%
Energy down 11.9 pts — higher than 57% of past drops
RESEARCH

Trend of Bear Bias PNJ Stock 1H

Sample: 3,899 1H candles from 2023-07-31 to 2026-09-18
Number of Bear Bias occurrences: 264 times

When PNJ Stock is in Bear Bias:

  • then PNJ Stock moved to higher Market State: 143 times54.2%
  • then PNJ Stock moved to lower Market State: 121 times45.8%

Current PNJ Stock market energy: -58.04%

  • Distance to upper bound of Bear Bias (at -20.88%): 37.16%
  • Distance to lower bound of Bear Bias (at -60%): 1.96%

"Why does archaeology matter?" — 2AITRADING

PNJ · H1 · 2024-05-29 04:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-46.2%
Bear Bias
-58.0%
Bear Bias
-27.3%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

PNJ Stock processing result: the energy state tilted toward Bear after the 1H candle closed.

Observing the PNJ market this session, A -11.9% change from the previous candle, Market Energy is now -58% (previous: -46.2%).

Time in Bear 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 -84.9 to -6.6.

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 11:00 on 29-05-2024 closed, PNJ Stock was at 59.81, down 0.12% from the previous candle (59.88). Market Energy was -58%, down 11.9 points from -46.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

PNJ closed at 59.81, down 0.12% from the previous 1H candle (59.88). This drop is larger than 10% of past drops on the 1H timeframe for PNJ, across 1,026 candles since 2019.

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

Market Energy fell 11.9 percentage points from the previous candle — from -46.2% to -58%. This drop is larger than 57% 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 -46.2%, Bear Bias — this candle kept the same state, no zone change.

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

At -58%, PNJ Stock is 37.16 points from the upper boundary of Bear Bias (-20.88%) and 1.96 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.

What does Bear Bias mean?

Bear 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 Bear 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 73.6%; VN30 (VN30 basket) in Neutral with energy 8.4%. Against this backdrop, PNJ Stock (Bear Bias, -58%) 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 77.4%. PNJ Stock (Bear 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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