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| Price | 0.00% | ▲ 2.10% | ▲ 2.29% | ▼ 2.24% |
| Energy | ▲ 24.9 | ▲ 21.2 | ▲ 21.4 | ▼ 20.7 |
Trend of Neutral MGC Stock 1H
▸When MGC Stock is in Neutral:
- then MGC Stock moved to higher Market State: 68 times — 48.2%
- then MGC Stock moved to lower Market State: 73 times — 51.8%
▸Current MGC Stock market energy: 2.88%
- Distance to upper bound of Neutral (at 20.88%): 18%
- Distance to lower bound of Neutral (at -20.88%): 23.76%
"To truly understand anything, study its history" — 2AITRADING
After the 1H candle closes, Market MGC Stock in the zone between Bull and Bear energy.
Market movement after the 1H candle closes, Energy delta -20.7%: Market Energy at 2.9%, previously 23.6%.
Time in Neutral 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 -94.7 to +23.6.
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 13:00 on 13-09-2023 closed, MGC Stock was at 4.37, down 2.24% from the previous candle (4.47). Market Energy was 2.9%, down 20.7 points from 23.6%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did MGC price move on this 1H candle, and how large is that historically?
MGC closed at 4.37, down 2.24% from the previous 1H candle (4.47). This drop is larger than 49% of past drops on the 1H timeframe for MGC, across 111 candles since 2019.
How did MGC Stock Market Energy change from the previous candle?
Market Energy fell 20.7 percentage points from the previous candle — from 23.6% to 2.9%. This drop is larger than 60% of past drops on the 1H timeframe for MGC.
Do MGC price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was MGC Stock in on the previous 1H candle?
The previous 1H candle had MGC Stock at 23.6%, Bull Bias — when this candle closed, MGC Stock moved down to a lower zone: Bull Bias → Neutral.
Where does MGC Stock energy sit within the Neutral zone?
At 2.9%, MGC Stock is 18 points from the upper boundary of Neutral (20.88%) and 23.76 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Critical with energy 69.3%; VN30 (VN30 basket) in Bull Critical with energy 71.3%. Against this backdrop, MGC Stock (Neutral, 2.9%) lower 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 Bull Critical with Market Energy 67.3%. MGC Stock energy is currently below DXY by 64.4 points.
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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