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| Price | ▼ 2.34% | ▲ 4.55% | ▲ 2.29% | ▼ 2.24% |
| Energy | ▼ 118.3 | ▲ 71.8 | ▲ 54.7 | ▼ 4.4 |
Trend of Bull Bias MGC Stock 1H
▸When MGC Stock is in Bull Bias:
- then MGC Stock moved to higher Market State: 78 times — 45.1%
- then MGC Stock moved to lower Market State: 95 times — 54.9%
▸Current MGC Stock market energy: 43.25%
- Distance to upper bound of Bull Bias (at 60%): 16.75%
- Distance to lower bound of Bull Bias (at 20.88%): 22.37%
"To truly understand anything, study its history" — 2AITRADING
MGC Stock classified into the energy level leaning Bull after the 1H candle completed.
On the energy side, Market Energy moved from 47.6% to 43.2%, down -4.4% from the previous candle.
Time in Bull Bias energy zone: 2 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 -78.9 to +50.
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 11:00 on 14-11-2023 closed, MGC Stock was at 4.37, down 2.24% from the previous candle (4.47). Market Energy was 43.2%, down 4.4 points from 47.6%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
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 52% of past drops on the 1H timeframe for MGC, across 232 candles since 2019.
How did MGC Stock Market Energy change from the previous candle?
Market Energy fell 4.4 percentage points from the previous candle — from 47.6% to 43.2%. This drop is larger than 41% 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 47.6%, Bull Bias — this candle kept the same state, no zone change.
Where does MGC Stock energy sit within the Bull Bias zone?
At 43.2%, MGC Stock is 16.75 points from the upper boundary of Bull Bias (60%) and 22.37 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 Bull Critical with energy 66.8%; VN30 (VN30 basket) in Bull Critical with energy 65.1%. Against this backdrop, MGC Stock (Bull Bias, 43.2%) 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 Bear Bias with Market Energy -42.3%. MGC Stock (Bull Bias) and DXY currently sit on opposite sides.
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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