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| Price | 0.00% | 0.00% | 0.00% | ▼ 3.18% |
| Energy | ▲ 14.3 | ▼ 4.8 | ▲ 7.6 | ▼ 135.9 |
Trend of Bear Extreme MGC Stock 1H
▸When MGC Stock is in Bear Extreme:
- then MGC Stock moved to higher Market State: 169 times — 100%
- then MGC Stock moved to lower Market State: 0 times — 0%
▸Current MGC Stock market energy: -84.89%
- Distance to upper bound of Bear Extreme (at -74.5%): 10.39%
- Distance to bottom -100%: 15.11%
"Why does archaeology matter?" — 2AITRADING
Observing the completed 1H candle, MGC currently in the Bear Extreme state.
Per the 2AiTrading energy measurement system, A -135.9% change from the previous candle, Market Energy is now -84.9% (previous: 51%).
Time in Bear Extreme 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 -84.9 to +51.
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 10-10-2024 closed, MGC Stock was at 5.79, down 3.18% from the previous candle (5.98). Market Energy was -84.9%, down 135.9 points from 51%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did MGC price move on this 1H candle, and how large is that historically?
MGC closed at 5.79, down 3.18% from the previous 1H candle (5.98). This drop is larger than 68% of past drops on the 1H timeframe for MGC, across 920 candles since 2019.
How did MGC Stock Market Energy change from the previous candle?
Market Energy fell 135.9 percentage points from the previous candle — from 51% to -84.9%. This drop is larger than 97% 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 51%, Bull Bias — when this candle closed, MGC Stock moved down to a lower zone: Bull Bias → Bear Extreme.
Where does MGC Stock energy sit within the Bear Extreme zone?
At -84.9%, MGC Stock is 10.39 points from the upper boundary of Bear Extreme (-74.5%) and 15.11 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.
What does Bear Extreme mean?
Bear Extreme is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Extreme 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 Extreme with energy 93.5%; VN30 (VN30 basket) in Bull Extreme with energy 86.7%. Against this backdrop, MGC Stock (Bear Extreme, -84.9%) 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 52.5%. MGC Stock (Bear Extreme) 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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