Analysis

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Candle close
Price and energy
MGC Stock from 4.37 to 4.28, down 2.06%
Market Energy Bull Extreme 95.2% to Bull Critical 63.1%, down 32.2 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.00%2.24%2.06%
Energy6.13.04.632.2
Volatility trend chart · last 4 sessions
0.00%0.00% 2.24% 2.06% 6.1 3.0 4.6 32.2
priceenergy up · down
Volatility · vs history since 2019
Price down 2.06% — higher than 34% of past drops
0%255075100%
Energy down 32.2 pts — higher than 77% of past drops
RESEARCH

Trend of Bull Critical MGC Stock 1H

Sample: 2,750 1H candles from 2023-07-31 to 2026-09-22
Number of Bull Critical occurrences: 110 times

When MGC Stock is in Bull Critical:

  • then MGC Stock moved to higher Market State: 41 times37.3%
  • then MGC Stock moved to lower Market State: 69 times62.7%

Current MGC Stock market energy: 63.06%

  • Distance to upper bound of Bull Critical (at 74.5%): 11.44%
  • Distance to lower bound of Bull Critical (at 60%): 3.06%

"A person's history reveals more than you might think" — 2AITRADING

MGC · H1 · 2024-02-21 07:00 UTC
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Market Energy
95.2%
Bull Extreme
63.1%
Bull Critical
95.9%
Bull Extreme
Zone
60 – 74.5
Bias
Buyers in control
Explanation

As the 1H candle closes, MGC Stock classified as the near-extreme Bull energy level.

On the measurement side, Energy delta -32.2%: Market Energy at 63.1%, previously 95.2%.

Time in Bull Critical 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 +63.1 to +99.8.

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 14:00 on 21-02-2024 closed, MGC Stock was at 4.28, down 2.06% from the previous candle (4.37). Market Energy was 63.1%, down 32.2 points from 95.2%, 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 4.28, down 2.06% from the previous 1H candle (4.37). This drop is larger than 34% of past drops on the 1H timeframe for MGC, across 399 candles since 2019.

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

Market Energy fell 32.2 percentage points from the previous candle — from 95.2% to 63.1%. This drop is larger than 77% of past drops on the 1H timeframe for MGC.

Do MGC price and energy agree?

Yes. Both price and energy moved down on this candle. 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 95.2%, Bull Extreme — when this candle closed, MGC Stock moved down to a lower zone: Bull Extreme → Bull Critical.

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

At 63.1%, MGC Stock is 11.44 points from the upper boundary of Bull Critical (74.5%) and 3.06 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 Bias with energy 48.7%; VN30 (VN30 basket) in Bull Bias with energy 27.1%. Against this backdrop, MGC Stock (Bull Critical, 63.1%) has higher energy 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 Neutral with Market Energy -16.3%. MGC Stock energy is currently above DXY by 79.4 points.

Real-time Energy Chart

See the real-time energy chart for MGC Stock.

Open Energy Chart
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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