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| Price | ▲ 0.72% | ▼ 0.72% | ▲ 0.50% | ▼ 0.50% |
| Energy | ▲ 22.7 | ▼ 5.7 | ▲ 7.2 | ▼ 12.5 |
Trend of Bear Bias MCM Stock 1H
▸When MCM Stock is in Bear Bias:
- then MCM Stock moved to higher Market State: 151 times — 59.4%
- then MCM Stock moved to lower Market State: 103 times — 40.6%
▸Current MCM Stock market energy: -57.22%
- Distance to upper bound of Bear Bias (at -20.88%): 36.34%
- Distance to lower bound of Bear Bias (at -60%): 2.78%
"To truly understand anything, study its history" — 2AITRADING
The system just recorded MCM Stock in the Bear Bias level after the 1H candle closed.
On the 2AiTrading energy system, Market Energy showed no change, currently -57.2%.
Time in Bear Bias energy zone: 4 1H Candle
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.
Over the past 5 days, MCM Stock Market Energy ranged from -74.6 to 0.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did MCM Stock price and energy show when this 1H candle closed?
When the 1H candle at 11:00 on 29-03-2024 closed, MCM Stock was at 35.96, down 0.5% from the previous candle (36.14). Market Energy was -57.2%, down 12.5 points from -44.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did MCM price move on this 1H candle, and how large is that historically?
MCM closed at 35.96, down 0.5% from the previous 1H candle (36.14). This drop is larger than 59% of past drops on the 1H timeframe for MCM, across 809 candles since 2019.
How did MCM Stock Market Energy change from the previous candle?
Market Energy fell 12.5 percentage points from the previous candle — from -44.7% to -57.2%. This drop is larger than 65% of past drops on the 1H timeframe for MCM.
Do MCM 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 MCM Stock in on the previous 1H candle?
The previous 1H candle had MCM Stock at -44.7%, Bear Bias — this candle kept the same state, no zone change.
Where does MCM Stock energy sit within the Bear Bias zone?
At -57.2%, MCM Stock is 36.34 points from the upper boundary of Bear Bias (-20.88%) and 2.78 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Bias with energy -44.6%; VN30 (VN30 basket) in Neutral with energy 16.5%. Against this backdrop, MCM Stock (Bear Bias, -57.2%) lower than VN30; sits in the same state zone as VNINDEX.
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 -26.2%. MCM Stock (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for MCM Stock.
Open Energy ChartSee the full 2AiTrading Model data for MCM on the MCM Stock overview →
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