Analysis

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Candle close
Price and energy
MGC Stock from 4.28 to 4.37, up 2.10%
Market Energy Bear Bias -32.9% to Bull Bias 42.0%, up 74.9 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price2.10%2.06%0.00%2.10%
Energy39.716.229.474.9
Volatility trend chart · last 4 sessions
2.10% 2.06%0.00% 2.10% 39.7 16.2 29.4 74.9
priceenergy up · down
Volatility · vs history since 2019
Price up 2.10% — higher than 40% of past rises
0%255075100%
Energy up 74.9 pts — higher than 91% of past rises
RESEARCH

Trend of Bull Bias MGC Stock 1H

Sample: 2,751 1H candles from 2023-07-31 to 2026-09-23
Number of Bull Bias occurrences: 173 times

When MGC Stock is in Bull Bias:

  • then MGC Stock moved to higher Market State: 78 times45.1%
  • then MGC Stock moved to lower Market State: 95 times54.9%

Current MGC Stock market energy: 42%

  • Distance to upper bound of Bull Bias (at 60%): 18%
  • Distance to lower bound of Bull Bias (at 20.88%): 21.12%

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

MGC · H1 · 2023-12-21 04:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-32.9%
Bear Bias
42.0%
Bull Bias
68.2%
Bull Critical
Zone
20.88 – 60
Bias
Buyers in control
Explanation

The Bull Bias zone is the result just recorded for MGC Stock after the 1H candle closed.

Market trend on the 2AiTrading energy system Market Energy at 42%, up +74.9% from -32.9% in the previous candle.

Time in Bull Bias 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, MGC Stock Market Energy ranged from -32.9 to +99.4.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did MGC Stock price and energy show when this 1H candle closed?

When the 1H candle at 11:00 on 21-12-2023 closed, MGC Stock was at 4.37, up 2.1% from the previous candle (4.28). Market Energy was 42%, up 74.9 points from -32.9%, 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, up 2.1% from the previous 1H candle (4.28). This rise is larger than 40% of past rises on the 1H timeframe for MGC, across 316 candles since 2019.

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

Market Energy rose 74.9 percentage points from the previous candle — from -32.9% to 42%. This rise is larger than 91% of past rises on the 1H timeframe for MGC.

Do MGC price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. 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 -32.9%, Bear Bias — when this candle closed, MGC Stock moved up to a higher zone: Bear Bias → Bull Bias.

Where does MGC Stock energy sit within the Bull Bias zone?

At 42%, MGC Stock is 18 points from the upper boundary of Bull Bias (60%) and 21.12 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 61.2%; VN30 (VN30 basket) in Bull Critical with energy 66.2%. Against this backdrop, MGC Stock (Bull Bias, 42%) 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 Bias with Market Energy 36.9%. MGC Stock (Bull Bias) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for MGC Stock.

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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 MGC on the MGC Stock overview →

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