2AI
2AITRADING
WHEN THE MARKET MEANS IT
Analysis

·

Candle close
Price and energy
MGG Stock from — to 27.16, flat —%
Market Energy to Neutral 0.0%, flat — pts
Price and energy change · last 4 candles
Volatility trend chart · last 4 sessions
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price flat —%: not enough data to rank
0%255075100%
Energy flat — pts: not enough data to rank
RESEARCH

Trend of Neutral MGG Stock 1H

Sample: 840 1H candles from 2023-08-01 to 2026-09-29
Number of Neutral occurrences: 42 times

▸When MGG Stock is in Neutral:

  • then MGG Stock moved to higher Market State: 19 times — 45.2%
  • then MGG Stock moved to lower Market State: 23 times — 54.8%

▸Current MGG Stock market energy: 0%

  • Distance to upper bound of Neutral (at 20.88%): 20.88%
  • Distance to lower bound of Neutral (at -20.88%): 20.88%

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

MGG · H1 · 2023-08-01 02:00 UTC
Not enough history to render a chart
View live MGG chart →
Market Energy
Close:
0.0%
Neutral
0.0%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

After the system processes the 1H candle, MGG Stock shows the balanced Bull/Bear state.

Per the 2AI model, Market Energy showed no change, currently 0%.

Time in Neutral 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.

Historical perspective

Not enough data in the past 5 days to show a range.

Knowledge

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

Market Energy→Market State→Threshold→Neutral→
Frequently asked questions

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

When the 1H candle at 09:00 on 01-08-2023 closed, MGG Stock had Market Energy 0%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

Where does MGG Stock energy sit within the Neutral zone?

At 0%, MGG Stock is 20.88 points from the upper boundary of Neutral (20.88%) and 20.88 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 91.8%; VN30 (VN30 basket) in Bull Extreme with energy 97.8%. Against this backdrop, MGG Stock (Neutral, 0%) 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 Critical with Market Energy 71.9%. MGG Stock energy is currently below DXY by 71.9 points.

Real-time Energy Chart

See the real-time energy chart for MGG Stock.

Open Energy Chart
Related analysis
Next candle
MGGH1Neutral
0.0
Same symbol, other timeframe
MGGD1Bull Extreme
88.0
Same symbol, other timeframe
MGGW1Bull Extreme
90.7
Markets in same state
NZDUSDH1Neutral
19.2
Markets in same state
XAUUSDH1Neutral
-9.5
Markets in same state
ATOMUSDH1Neutral
-5.5
Markets with similar energy
NZDCADH1Neutral
2.0
Markets with similar energy
COTTONH1Neutral
-2.4
Markets with similar energy
LINKUSDH1Neutral
3.6
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for MGG on the MGG Stock overview →

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