Analysis

·

Candle close
Price and energy
SCG Stock from 65.2 to 64.9, down 0.46%
Market Energy Bull Extreme 89.3% to Bull Bias 44.5%, down 44.8 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.15%0.46%0.15%0.46%
Energy11.5168.39.744.8
Volatility trend chart · last 4 sessions
0.15% 0.46% 0.15% 0.46% 11.5 168.3 9.7 44.8
priceenergy up · down
Volatility · vs history since 2019
Price down 0.46% — higher than 84% of past drops
0%255075100%
Energy down 44.8 pts — higher than 87% of past drops
RESEARCH

Trend of Bull Bias SCG Stock 1H

Sample: 3,701 1H candles from 2023-07-31 to 2026-09-22
Number of Bull Bias occurrences: 256 times

When SCG Stock is in Bull Bias:

  • then SCG Stock moved to higher Market State: 137 times53.5%
  • then SCG Stock moved to lower Market State: 119 times46.5%

Current SCG Stock market energy: 44.49%

  • Distance to upper bound of Bull Bias (at 60%): 15.51%
  • Distance to lower bound of Bull Bias (at 20.88%): 23.61%

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

SCG · H1 · 2024-05-15 03:00 UTC
Preview the last 30 candles — price and energy
View live SCG chart →
Market Energy
89.3%
Bull Extreme
44.5%
Bull Bias
14.7%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Reading from the 1H candle, SCG Stock shows the Bull Bias state.

Market trend update: Market Energy dropped -44.8% from the previous session, from 89.3% to 44.5%.

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, SCG Stock Market Energy ranged from -99.3 to +99.1.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 10:00 on 15-05-2024 closed, SCG Stock was at 64.9, down 0.46% from the previous candle (65.2). Market Energy was 44.5%, down 44.8 points from 89.3%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

SCG closed at 64.9, down 0.46% from the previous 1H candle (65.2). This drop is larger than 84% of past drops on the 1H timeframe for SCG, across 940 candles since 2019.

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

Market Energy fell 44.8 percentage points from the previous candle — from 89.3% to 44.5%. This drop is larger than 87% of past drops on the 1H timeframe for SCG.

Do SCG 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 SCG Stock in on the previous 1H candle?

The previous 1H candle had SCG Stock at 89.3%, Bull Extreme — when this candle closed, SCG Stock moved down to a lower zone: Bull Extreme → Bull Bias.

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

At 44.5%, SCG Stock is 15.51 points from the upper boundary of Bull Bias (60%) and 23.61 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 Extreme with energy 79.8%; VN30 (VN30 basket) in Bull Extreme with energy 76.7%. Against this backdrop, SCG Stock (Bull Bias, 44.5%) 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 Bear Extreme with Market Energy -83.6%. SCG Stock (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

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

To jump to a symbol you're interested in, click .