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| Price | ▲ 0.27% | ▼ 0.39% | ▼ 0.24% | ▲ 0.24% |
| Energy | ▲ 11.6 | ▼ 22.0 | ▼ 26.1 | ▲ 6.6 |
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: -54.61%
- Distance to upper bound of Bear Bias (at -20.88%): 33.73%
- Distance to lower bound of Bear Bias (at -60%): 5.39%
"Let data guide you, but never trust it completely" — 2AITRADING
Reading from the 1H candle, MCM in the Bear Bias state.
Market movement after the 1H candle closes, Market Energy at -54.6%, up +6.6% from -61.3% in the previous candle.
Time in Bear Bias energy zone: 1 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 -93.6 to +16.8.
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 10:00 on 29-08-2024 closed, MCM Stock was at 33.04, up 0.24% from the previous candle (32.96). Market Energy was -54.6%, up 6.6 points from -61.3%, 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 33.04, up 0.24% from the previous 1H candle (32.96). This rise is larger than 17% of past rises on the 1H timeframe for MCM, across 1,291 candles since 2019.
How did MCM Stock Market Energy change from the previous candle?
Market Energy rose 6.6 percentage points from the previous candle — from -61.3% to -54.6%. This rise is larger than 41% of past rises on the 1H timeframe for MCM.
Do MCM price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. 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 -61.3%, Bear Critical — when this candle closed, MCM Stock moved up to a higher zone: Bear Critical → Bear Bias.
Where does MCM Stock energy sit within the Bear Bias zone?
At -54.6%, MCM Stock is 33.73 points from the upper boundary of Bear Bias (-20.88%) and 5.39 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 Bull Bias with energy 35%; VN30 (VN30 basket) in Bull Critical with energy 66.7%. Against this backdrop, MCM Stock (Bear Bias, -54.6%) 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 4.3%. MCM Stock energy is currently below DXY by 58.9 points.
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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