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| Price | ▼ 2.06% | 0.00% | ▲ 2.10% | 0.00% |
| Energy | ▼ 16.2 | ▼ 29.4 | ▲ 74.9 | ▲ 26.2 |
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: 68.19%
- Distance to upper bound of Bull Critical (at 74.5%): 6.31%
- Distance to lower bound of Bull Critical (at 60%): 8.19%
"Does history really repeat itself?" — 2AITRADING
Reading from the 1H candle, Market Energy of MGC Stock indicates the Bull Critical reading.
Per the 2AiTrading energy measurement system, Market Energy rose +26.2% from the previous session, from 42% to 68.2%.
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 -32.9 to +99.4.
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 21-12-2023 closed, MGC Stock was at 4.37, unchanged 0% from the previous candle (4.37). Market Energy was 68.2%, up 26.2 points from 42%, 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 4.37, unchanged 0% from the previous 1H candle (4.37).
How did MGC Stock Market Energy change from the previous candle?
Market Energy rose 26.2 percentage points from the previous candle — from 42% to 68.2%. This rise is larger than 76% of past rises 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 42%, Bull Bias — when this candle closed, MGC Stock moved up to a higher zone: Bull Bias → Bull Critical.
Where does MGC Stock energy sit within the Bull Critical zone?
At 68.2%, MGC Stock is 6.31 points from the upper boundary of Bull Critical (74.5%) and 8.19 points from the lower boundary (60%) — so energy sits closer to the upper 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 Critical with energy 66.9%; VN30 (VN30 basket) in Bull Critical with energy 70.8%. Against this backdrop, MGC Stock (Bull Critical, 68.2%) 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 Bull Bias with Market Energy 38.5%. 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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