Analysis

·

Candle close
Price and energy
SJG Stock from 11.95 to 10.97, down 8.20%
Market Energy Bull Bias 47.1% to Bear Bias -32.2%, down 79.3 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.72%▼ 0.72%▲ 8.05%▼ 8.20%
Energy▲ 37.8▼ 96.5▲ 68.0▼ 79.3
Volatility trend chart · last 4 sessions
▲ 0.72%▼ 0.72%▲ 8.05%▼ 8.20%▲ 37.8▼ 96.5▲ 68.0▼ 79.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 8.20% — higher than 81% of past drops
0%255075100%
Energy down 79.3 pts — higher than 84% of past drops
RESEARCH

Trend of Bear Bias SJG Stock 1H

Sample: 1,279 1H candles from 2023-08-01 to 2026-09-25
Number of Bear Bias occurrences: 86 times

▸When SJG Stock is in Bear Bias:

  • then SJG Stock moved to higher Market State: 25 times — 29.1%
  • then SJG Stock moved to lower Market State: 61 times — 70.9%

▸Current SJG Stock market energy: -32.2%

  • Distance to upper bound of Bear Bias (at -20.88%): 11.32%
  • Distance to lower bound of Bear Bias (at -60%): 27.8%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

SJG · H1 · 2024-05-27 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
47.1%
Bull Bias
-32.2%
Bear Bias
-49.4%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

SJG Stock classified into Bear Bias of Market Energy after the 1H candle completed.

Observing the SJG market this session, Market Energy dropped -79.3% from the previous candle, from 47.1% to -32.2%.

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, SJG Stock Market Energy ranged from -32.2 to +47.1.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 14:00 on 27-05-2024 closed, SJG Stock was at 10.97, down 8.2% from the previous candle (11.95). Market Energy was -32.2%, down 79.3 points from 47.1%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

SJG closed at 10.97, down 8.2% from the previous 1H candle (11.95). This drop is larger than 81% of past drops on the 1H timeframe for SJG, across 183 candles since 2019.

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

Market Energy fell 79.3 percentage points from the previous candle — from 47.1% to -32.2%. This drop is larger than 84% of past drops on the 1H timeframe for SJG.

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

The previous 1H candle had SJG Stock at 47.1%, Bull Bias — when this candle closed, SJG Stock moved down to a lower zone: Bull Bias → Bear Bias.

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

At -32.2%, SJG Stock is 11.32 points from the upper boundary of Bear Bias (-20.88%) and 27.8 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 Neutral with energy -10.1%; VN30 (VN30 basket) in Bear Bias with energy -44.6%. Against this backdrop, SJG Stock (Bear Bias, -32.2%) lower than VNINDEX; sits in the same state zone as 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 Bias with Market Energy -45.6%. SJG Stock (Bear Bias) and DXY currently sit on the same Bear side.

Real-time Energy Chart

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

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