Analysis

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Price and energy
TNG Stock from 21.64 to 21.46, down 0.83%
Market Energy Bull Extreme 87.6% to Bull Extreme 74.9%, down 12.7 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price2.67%0.00%1.10%0.83%
Energy5.21.99.912.7
Volatility trend chart · last 4 sessions
2.67%0.00% 1.10% 0.83% 5.2 1.9 9.9 12.7
priceenergy up · down
Volatility · vs history since 2019
Price down 0.83% — higher than 60% of past drops
0%255075100%
Energy down 12.7 pts — higher than 65% of past drops
RESEARCH

Trend of Bull Extreme TNG Stock 1H

Sample: 3,890 1H candles from 2023-07-31 to 2026-09-16
Number of Bull Extreme occurrences: 166 times

When TNG Stock is in Bull Extreme:

  • then TNG Stock moved to higher Market State: 0 times0%
  • then TNG Stock moved to lower Market State: 166 times100%

Current TNG Stock market energy: 74.92%

  • Distance to peak 100%: 25.08%
  • Distance to lower bound of Bull Extreme (at 74.5%): 0.42%

"Let data guide you, but never trust it completely" — 2AITRADING

TNG · H1 · 2024-08-08 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
87.6%
Bull Extreme
74.9%
Bull Extreme
60.2%
Bull Critical
Zone
74.5 – 100
Bias
Buyers in control
Explanation

Reading from the 1H candle, TNG currently in Bull Extreme.

Market energy movement Market Energy moved from 87.6% to 74.9%, down -12.7% from the previous candle.

Time in Bull Extreme energy zone: 5 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, TNG Stock Market Energy ranged from -58 to +97.5.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 14:00 on 08-08-2024 closed, TNG Stock was at 21.46, down 0.83% from the previous candle (21.64). Market Energy was 74.9%, down 12.7 points from 87.6%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

TNG closed at 21.46, down 0.83% from the previous 1H candle (21.64). This drop is larger than 60% of past drops on the 1H timeframe for TNG, across 1,282 candles since 2019.

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

Market Energy fell 12.7 percentage points from the previous candle — from 87.6% to 74.9%. This drop is larger than 65% of past drops on the 1H timeframe for TNG.

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

The previous 1H candle had TNG Stock at 87.6%, Bull Extreme — this candle kept the same state, no zone change.

Where does TNG Stock energy sit within the Bull Extreme zone?

At 74.9%, TNG Stock is 25.08 points from the upper boundary of Bull Extreme (100%) and 0.42 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bull Extreme mean?

Bull Extreme 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 Extreme 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 Bias with energy -47.8%; VN30 (VN30 basket) in Bear Critical with energy -65.7%. Against this backdrop, TNG Stock (Bull Extreme, 74.9%) 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 Bear Critical with Market Energy -72.4%. TNG Stock (Bull Extreme) and DXY currently sit on opposite sides.

Real-time Energy Chart

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

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