Analysis

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Candle close
Price and energy
MEL Stock from 8.7 to 8.4, down 3.45%
Market Energy Bull Extreme 81.5% to Bull Extreme 94.7%, up 13.3 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▲ 5.26%0.00%▲ 8.75%▼ 3.45%
Energy▲ 52.8▼ 10.4▼ 8.0▲ 13.3
Volatility trend chart · last 4 sessions
▲ 5.26%0.00%▲ 8.75%▼ 3.45%▲ 52.8▼ 10.4▼ 8.0▲ 13.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 3.45% — higher than 44% of past drops
0%255075100%
Energy up 13.3 pts — higher than 50% of past rises
RESEARCH

Trend of Bull Extreme MEL Stock 1H

Sample: 732 1H candles from 2023-07-31 to 2026-09-28
Number of Bull Extreme occurrences: 54 times

▸When MEL Stock is in Bull Extreme:

  • then MEL Stock moved to higher Market State: 0 times — 0%
  • then MEL Stock moved to lower Market State: 54 times — 100%

▸Current MEL Stock market energy: 94.75%

  • Distance to peak 100%: 5.25%
  • Distance to lower bound of Bull Extreme (at 74.5%): 20.25%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

MEL · H1 · 2026-03-04 06:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
81.5%
Bull Extreme
94.7%
Bull Extreme
94.7%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

Observing the completed 1H candle, MEL currently in Bull Extreme.

The energy side shows Market Energy rose +13.3% from the previous candle, from 81.5% to 94.7%.

Time in Bull Extreme energy zone: 4 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, MEL Stock Market Energy ranged from +81.5 to +94.7.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 13:00 on 04-03-2026 closed, MEL Stock was at 8.4, down 3.45% from the previous candle (8.7). Market Energy was 94.7%, up 13.3 points from 81.5%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

MEL closed at 8.4, down 3.45% from the previous 1H candle (8.7). This drop is larger than 44% of past drops on the 1H timeframe for MEL, across 573 candles since 2019.

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

Market Energy rose 13.3 percentage points from the previous candle — from 81.5% to 94.7%. This rise is larger than 50% of past rises on the 1H timeframe for MEL.

Do MEL price and energy agree?

No. Price moved down while energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.

What state was MEL Stock in on the previous 1H candle?

The previous 1H candle had MEL Stock at 81.5%, Bull Extreme — this candle kept the same state, no zone change.

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

At 94.7%, MEL Stock is 5.25 points from the upper boundary of Bull Extreme (100%) and 20.25 points from the lower boundary (74.5%) — so energy sits closer to the upper 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 -37.7%; VN30 (VN30 basket) in Bear Critical with energy -73%. Against this backdrop, MEL Stock (Bull Extreme, 94.7%) 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 Bias with Market Energy -35.5%. MEL Stock (Bull Extreme) and DXY currently sit on opposite sides.

Real-time Energy Chart

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

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