Analysis

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Price and energy
SJE Stock from 21.56 to 21.15, down 1.90%
Market Energy Bull Critical 73.9% to Bull Bias 21.5%, down 52.4 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price1.55%0.42%0.42%1.90%
Energy10.215.712.752.4
Volatility trend chart · last 4 sessions
1.55% 0.42% 0.42% 1.90% 10.2 15.7 12.7 52.4
priceenergy up · down
Volatility · vs history since 2019
Price down 1.90% — higher than 79% of past drops
0%255075100%
Energy down 52.4 pts — higher than 89% of past drops
RESEARCH

Trend of Bull Bias SJE Stock 1H

Sample: 3,194 1H candles from 2023-07-31 to 2026-09-18
Number of Bull Bias occurrences: 189 times

When SJE Stock is in Bull Bias:

  • then SJE Stock moved to higher Market State: 77 times40.7%
  • then SJE Stock moved to lower Market State: 112 times59.3%

Current SJE Stock market energy: 21.49%

  • Distance to upper bound of Bull Bias (at 60%): 38.51%
  • Distance to lower bound of Bull Bias (at 20.88%): 0.61%

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

SJE · H1 · 2024-06-05 03:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
73.9%
Bull Critical
21.5%
Bull Bias
4.1%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Once measurement on the 1H timeframe completes, Market Energy of SJE Stock indicates Bull Bias.

Observing the SJE market this session, Market Energy dropped -52.4% from the previous session, from 73.9% to 21.5%.

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, SJE Stock Market Energy ranged from +21.5 to +98.8.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 10:00 on 05-06-2024 closed, SJE Stock was at 21.15, down 1.9% from the previous candle (21.56). Market Energy was 21.5%, down 52.4 points from 73.9%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

SJE closed at 21.15, down 1.9% from the previous 1H candle (21.56). This drop is larger than 79% of past drops on the 1H timeframe for SJE, across 530 candles since 2019.

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

Market Energy fell 52.4 percentage points from the previous candle — from 73.9% to 21.5%. This drop is larger than 89% of past drops on the 1H timeframe for SJE.

Do SJE price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

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

The previous 1H candle had SJE Stock at 73.9%, Bull Critical — when this candle closed, SJE Stock moved down to a lower zone: Bull Critical → Bull Bias.

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

At 21.5%, SJE Stock is 38.51 points from the upper boundary of Bull Bias (60%) and 0.61 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 Extreme with energy 75.9%; VN30 (VN30 basket) in Bull Critical with energy 62.3%. Against this backdrop, SJE Stock (Bull Bias, 21.5%) 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 Neutral with Market Energy -9.9%. SJE Stock energy is currently above DXY by 31.4 points.

Real-time Energy Chart

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

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