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MEL Stock is currently controlled by buyers, in the Bull Bias zone. Measured energy: +34.9%.
See the full 2AiTrading Model data for MEL on the MEL Stock overview →
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UP–DOWN statistics for Bull Bias MEL Stock Daily
▸When MEL Stock is in Bull Bias:
- then MEL Stock moved to higher Market State: 47 times — 55.3%
- then MEL Stock moved to lower Market State: 38 times — 44.7%
▸Current MEL Stock market energy: 34.95%
- Distance to upper bound of Bull Bias (at 60%): 25.05%
- Distance to lower bound of Bull Bias (at 20.88%): 14.07%
"Why does archaeology matter?" — 2AITRADING
After the Daily data updates, MEL shows the Bull Bias zone.
Per the 2AI model, Compared to the previous candle (-87.4%), Market Energy rose +122.4% to 34.9%.
Time in Bull Bias energy zone: 1 Daily 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.
Not enough data in the past 5 days to show a range.
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What state was MEL Stock on Daily when this candle closed?
When the Daily candle at 09:00 on 29-07-2026 closed, MEL Stock was in Bull Bias with Market Energy 34.9%, 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 rose 122.4 percentage points from the previous candle — from -87.4% to 34.9%.
What state was MEL Stock in on the previous Daily candle?
The previous Daily candle had MEL Stock at -87.4%, Bear Extreme — when this candle closed, MEL Stock moved up to a higher zone: Bear Extreme → Bull Bias.
Where does MEL Stock energy sit within the Bull Bias zone?
At 34.9%, MEL Stock is 25.05 points from the upper boundary of Bull Bias (60%) and 14.07 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Bias with energy 48.4%; VN30 (VN30 basket) in Bull Bias with energy 54%. Against this backdrop, MEL Stock (Bull Bias, 34.9%) sits in the same state zone as 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 -71.7%. MEL Stock (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for MEL Stock.
Open Energy ChartSee the full 2AiTrading Model data for MEL on the MEL Stock overview →
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