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| Price | ▲ 4.03% | 0.00% | 0.00% | 0.00% |
| Energy | ▲ 31.9 | ▲ 13.2 | ▼ 7.9 | ▼ 8.9 |
Trend of Bull Critical MGC Stock 1H
▸When MGC Stock is in Bull Critical:
- then MGC Stock moved to higher Market State: 41 times — 37.3%
- then MGC Stock moved to lower Market State: 69 times — 62.7%
▸Current MGC Stock market energy: 63.18%
- Distance to upper bound of Bull Critical (at 74.5%): 11.32%
- Distance to lower bound of Bull Critical (at 60%): 3.18%
"History always repeats itself, one way or another" — 2AITRADING
Observing the completed 1H candle, MGC Stock within the near-extreme Bull energy level.
Per the 2AiTrading energy measurement system, Market Energy at 63.2%, down -8.9% from 72% in the previous candle.
Time in Bull Critical energy zone: 1 1H 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.
Over the past 5 days, MGC Stock Market Energy ranged from +34.8 to +80.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did MGC Stock price and energy show when this 1H candle closed?
When the 1H candle at 10:00 on 06-09-2023 closed, MGC Stock was at 4.65, unchanged 0% from the previous candle (4.65). Market Energy was 63.2%, down 8.9 points from 72%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did MGC price move on this 1H candle, and how large is that historically?
MGC closed at 4.65, unchanged 0% from the previous 1H candle (4.65).
How did MGC Stock Market Energy change from the previous candle?
Market Energy fell 8.9 percentage points from the previous candle — from 72% to 63.2%. This drop is larger than 58% of past drops on the 1H timeframe for MGC.
Do MGC price and energy agree?
No. Price was unchanged while energy did change on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was MGC Stock in on the previous 1H candle?
The previous 1H candle had MGC Stock at 72%, Bull Critical — this candle kept the same state, no zone change.
Where does MGC Stock energy sit within the Bull Critical zone?
At 63.2%, MGC Stock is 11.32 points from the upper boundary of Bull Critical (74.5%) and 3.18 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.
What does Bull Critical mean?
Bull 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 Bull 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 Bull Extreme with energy 76.1%; VN30 (VN30 basket) in Bull Critical with energy 61.1%. Against this backdrop, MGC Stock (Bull Critical, 63.2%) 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 Bull Bias with Market Energy 31%. MGC Stock (Bull Critical) and DXY currently sit on the same Bull side.
See the real-time energy chart for MGC Stock.
Open Energy ChartSee the full 2AiTrading Model data for MGC on the MGC Stock overview →
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