Analysis

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Candle close
Price and energy
MEL Stock from 7.6 to 7.4, down 2.63%
Market Energy Neutral -17.7% to Bear Critical -63.3%, down 45.6 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 3.45%0.00%▼ 9.52%▼ 2.63%
Energy▲ 13.30.0▼ 112.4▼ 45.6
Volatility trend chart · last 4 sessions
▼ 3.45%0.00%▼ 9.52%▼ 2.63%▲ 13.30.0▼ 112.4▼ 45.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 2.63% — higher than 27% of past drops
0%255075100%
Energy down 45.6 pts — higher than 75% of past drops
RESEARCH

Trend of Bear Critical MEL Stock 1H

Sample: 732 1H candles from 2023-07-31 to 2026-09-28
Number of Bear Critical occurrences: 34 times

▸When MEL Stock is in Bear Critical:

  • then MEL Stock moved to higher Market State: 24 times — 70.6%
  • then MEL Stock moved to lower Market State: 10 times — 29.4%

▸Current MEL Stock market energy: -63.28%

  • Distance to upper bound of Bear Critical (at -60%): 3.28%
  • Distance to lower bound of Bear Critical (at -74.5%): 11.22%

"Why does archaeology matter?" — 2AITRADING

MEL · H1 · 2026-03-06 06:00 UTC
Preview the last 30 candles — price and energy
View live MEL chart →
Market Energy
-17.7%
Neutral
-63.3%
Bear Critical
72.1%
Bull Critical
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

With the 1H candle just closed, Market Energy of MEL indicates the Bear Critical energy zone.

Looking at the Market Energy reading, Market Energy at -63.3%, down -45.6% from -17.7% in the previous candle.

Time in Bear Critical energy zone: 1 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 -63.3 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 06-03-2026 closed, MEL Stock was at 7.4, down 2.63% from the previous candle (7.6). Market Energy was -63.3%, down 45.6 points from -17.7%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

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

MEL closed at 7.4, down 2.63% from the previous 1H candle (7.6). This drop is larger than 27% of past drops on the 1H timeframe for MEL, across 576 candles since 2019.

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

Market Energy fell 45.6 percentage points from the previous candle — from -17.7% to -63.3%. This drop is larger than 75% of past drops on the 1H timeframe for MEL.

Do MEL price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. 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 -17.7%, Neutral — when this candle closed, MEL Stock moved down to a lower zone: Neutral → Bear Critical.

Where does MEL Stock energy sit within the Bear Critical zone?

At -63.3%, MEL Stock is 3.28 points from the upper boundary of Bear Critical (-60%) and 11.22 points from the lower boundary (-74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bear Critical mean?

Bear Critical 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 Critical 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 Extreme with energy -91.1%; VN30 (VN30 basket) in Bear Extreme with energy -82.8%. Against this backdrop, MEL Stock (Bear Critical, -63.3%) 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 -39.1%. MEL Stock (Bear Critical) and DXY currently sit on the same Bear side.

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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