Analysis

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MEL Stock is currently controlled by buyers, in the Bull Bias zone. Measured energy: +49.9%.

See the full 2AiTrading Model data for MEL on the MEL Stock overview →

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RESEARCH

UP–DOWN statistics for Bull Bias MEL Stock Daily

Sample: 1,787 Daily candles from 2017-09-28 to 2026-08-27
Number of Bull Bias occurrences: 85 times

When MEL Stock is in Bull Bias:

  • then MEL Stock moved to higher Market State: 47 times55.3%
  • then MEL Stock moved to lower Market State: 38 times44.7%

Current MEL Stock market energy: 49.9%

  • Distance to upper bound of Bull Bias (at 60%): 10.1%
  • Distance to lower bound of Bull Bias (at 20.88%): 29.02%

"Does history really repeat itself?" — 2AITRADING

MEL · D1 · 2026-04-08 02:00 UTC
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Market Energy
99.7%
Bull Extreme
49.9%
Bull Bias
-82.8%
Bear Extreme
Zone
20.88 – 60
Bias
Buyers in control
Explanation

With the Daily candle just closed, MEL in the energy state tilted toward Bull.

Per the 2AiTrading energy measurement system, Market Energy stayed level with the previous candle, at 49.9%.

Time in Bull Bias energy zone: 1 Daily 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

Not enough data in the past 5 days to show a range.

Knowledge

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

Frequently asked questions

What state was MEL Stock on Daily when this candle closed?

When the Daily candle at 09:00 on 08-04-2026 closed, MEL Stock was in Bull Bias with Market Energy 49.9%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

Market Energy fell 49.8 percentage points from the previous candle — from 99.7% to 49.9%.

What state was MEL Stock in on the previous Daily candle?

The previous Daily candle had MEL Stock at 99.7%, Bull Extreme — when this candle closed, MEL Stock moved down to a lower zone: Bull Extreme → Bull Bias.

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

At 49.9%, MEL Stock is 10.1 points from the upper boundary of Bull Bias (60%) and 29.02 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Critical with energy 64.1%; VN30 (VN30 basket) in Bull Bias with energy 57%. Against this backdrop, MEL Stock (Bull Bias, 49.9%) 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 Extreme with Market Energy -97.4%. MEL Stock (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for MEL Stock.

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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 MEL on the MEL Stock overview →

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