Analysis

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Candle close
Price and energy
PRC Stock from 6.33 to 6.26, down 1.11%
Market Energy Bull Extreme 89.4% to Bear Bias -40.0%, down 129.4 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.47%0.48%1.11%
Energy0.06.347.2129.4
Volatility trend chart · last 4 sessions
0.00% 0.47% 0.48% 1.11% 0.0 6.3 47.2 129.4
priceenergy up · down
Volatility · vs history since 2019
Price down 1.11% — higher than 38% of past drops
0%255075100%
Energy down 129.4 pts — higher than 94% of past drops
RESEARCH

Trend of Bear Bias PRC Stock 1H

Sample: 2,023 1H candles from 2023-07-31 to 2026-09-18
Number of Bear Bias occurrences: 95 times

When PRC Stock is in Bear Bias:

  • then PRC Stock moved to higher Market State: 49 times51.6%
  • then PRC Stock moved to lower Market State: 46 times48.4%

Current PRC Stock market energy: -40.01%

  • Distance to upper bound of Bear Bias (at -20.88%): 19.13%
  • Distance to lower bound of Bear Bias (at -60%): 19.99%

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

PRC · H1 · 2024-09-24 04:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
89.4%
Bull Extreme
-40.0%
Bear Bias
-40.0%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

Observing the completed 1H candle, PRC shows the energy state tilted toward Bear.

Market trend on the 2AiTrading energy system Market Energy dropped -129.4% from the previous candle, from 89.4% to -40%.

Time in Bear 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, PRC Stock Market Energy ranged from -92 to +89.4.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did PRC Stock price and energy show when this 1H candle closed?

When the 1H candle at 11:00 on 24-09-2024 closed, PRC Stock was at 6.26, down 1.11% from the previous candle (6.33). Market Energy was -40%, down 129.4 points from 89.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

PRC closed at 6.26, down 1.11% from the previous 1H candle (6.33). This drop is larger than 38% of past drops on the 1H timeframe for PRC, across 778 candles since 2019.

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

Market Energy fell 129.4 percentage points from the previous candle — from 89.4% to -40%. This drop is larger than 94% of past drops on the 1H timeframe for PRC.

Do PRC price and energy agree?

Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.

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

The previous 1H candle had PRC Stock at 89.4%, Bull Extreme — when this candle closed, PRC Stock moved down to a lower zone: Bull Extreme → Bear Bias.

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

At -40%, PRC Stock is 19.13 points from the upper boundary of Bear Bias (-20.88%) and 19.99 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Bear Critical with energy -65.8%; VN30 (VN30 basket) in Bear Critical with energy -74.2%. Against this backdrop, PRC Stock (Bear Bias, -40%) has higher energy 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 Neutral with Market Energy -18.4%. PRC Stock energy is currently below DXY by 21.6 points.

Real-time Energy Chart

See the real-time energy chart for PRC 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 PRC on the PRC Stock overview →

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