Analysis

·

Candle close
Price and energy
MGC Stock from 5.4 to 5.5, up 1.85%
Market Energy Bull Bias 42.2% to Bull Critical 67.0%, up 24.8 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price3.45%1.69%0.00%1.85%
Energy24.96.50.624.8
Volatility trend chart · last 4 sessions
3.45% 1.69%0.00% 1.85% 24.9 6.5 0.6 24.8
priceenergy up · down
Volatility · vs history since 2019
Price up 1.85% — higher than 12% of past rises
0%255075100%
Energy up 24.8 pts — higher than 72% of past rises
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: 66.98%

  • Distance to upper bound of Bull Critical (at 74.5%): 7.52%
  • Distance to lower bound of Bull Critical (at 60%): 6.98%

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

MGC · H1 · 2024-06-17 07:00 UTC
Preview the last 30 candles — price and energy
View live MGC chart →
Market Energy
42.2%
Bull Bias
67.0%
Bull Critical
37.0%
Bull Bias
Zone
60 – 74.5
Bias
Buyers in control
Explanation

Once measurement on the 1H timeframe completes, MGC Stock classified as the near-peak Bull energy zone.

Market energy movement Market Energy moved from 42.2% to 67%, up +24.8% from the previous candle.

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 +35.1 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 14:00 on 17-06-2024 closed, MGC Stock was at 5.5, up 1.85% from the previous candle (5.4). Market Energy was 67%, up 24.8 points from 42.2%, 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 5.5, up 1.85% from the previous 1H candle (5.4). This rise is larger than 12% of past rises on the 1H timeframe for MGC, across 617 candles since 2019.

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

Market Energy rose 24.8 percentage points from the previous candle — from 42.2% to 67%. This rise is larger than 72% of past rises on the 1H timeframe for MGC.

Do MGC price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. 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 42.2%, 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 67%, MGC Stock is 7.52 points from the upper boundary of Bull Critical (74.5%) and 6.98 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 Bear Extreme with energy -86.8%; VN30 (VN30 basket) in Bear Extreme with energy -76.9%. Against this backdrop, MGC Stock (Bull Critical, 67%) 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 14.8%. MGC Stock energy is currently above DXY by 52.2 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 →

To jump to a symbol you're interested in, click .