Analysis

·

Candle close
Price and energy
MEL Stock from 7.6 to 6.9, down 9.21%
Market Energy Bear Bias -46.7% to Bear Bias -37.9%, up 8.8 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▲ 5.71%▼ 5.41%▲ 8.57%▼ 9.21%
Energy▼ 14.2▲ 29.5▼ 10.1▲ 8.8
Volatility trend chart · last 4 sessions
▲ 5.71%▼ 5.41%▲ 8.57%▼ 9.21%▼ 14.2▲ 29.5▼ 10.1▲ 8.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 9.21% — higher than 91% of past drops
0%255075100%
Energy up 8.8 pts — higher than 42% of past rises
RESEARCH

Trend of Bear Bias MEL Stock 1H

Sample: 730 1H candles from 2023-07-31 to 2026-09-17
Number of Bear Bias occurrences: 63 times

▸When MEL Stock is in Bear Bias:

  • then MEL Stock moved to higher Market State: 29 times — 46%
  • then MEL Stock moved to lower Market State: 34 times — 54%

▸Current MEL Stock market energy: -37.88%

  • Distance to upper bound of Bear Bias (at -20.88%): 17%
  • Distance to lower bound of Bear Bias (at -60%): 22.12%

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

MEL · H1 · 2026-07-02 06:00 UTC
Preview the last 30 candles — price and energy
View live MEL chart →
Market Energy
-46.7%
Bear Bias
-37.9%
Bear Bias
-42.9%
Bear Bias
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

From the just-closed 1H candle data, MEL in the Bear Bias zone.

Per the 2AI model, Market Energy rose +8.8% this candle, currently -37.9% (previous candle -46.7%).

Time in Bear Bias energy zone: 3 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 -66.1 to -36.6.

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 02-07-2026 closed, MEL Stock was at 6.9, down 9.21% from the previous candle (7.6). Market Energy was -37.9%, up 8.8 points from -46.7%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

MEL closed at 6.9, down 9.21% from the previous 1H candle (7.6). This drop is larger than 91% of past drops on the 1H timeframe for MEL, across 656 candles since 2019.

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

Market Energy rose 8.8 percentage points from the previous candle — from -46.7% to -37.9%. This rise is larger than 42% of past rises on the 1H timeframe for MEL.

Do MEL price and energy agree?

No. On this candle price fell but energy rose — the two moved in opposite directions. 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 -46.7%, Bear Bias — this candle kept the same state, no zone change.

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

At -37.9%, MEL Stock is 17 points from the upper boundary of Bear Bias (-20.88%) and 22.12 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Bear Bias with energy -53.4%; VN30 (VN30 basket) in Bear Bias with energy -32.5%. Against this backdrop, MEL Stock (Bear Bias, -37.9%) 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 Bias with Market Energy -45.2%. MEL Stock (Bear Bias) 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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