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| Price | 0.00% | ▼ 12.11% |
| Energy | 0.0 | 0.0 |
Trend of Neutral MGG Stock 1H
▸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%
"Let data guide you, but never trust it completely" — 2AITRADING
As the 1H candle closes, MGG Stock shows the neutral energy zone.
Market trend update: Market Energy unchanged from the previous candle, held at 0%.
Time in Neutral energy zone: 2 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, MGG Stock Market Energy ranged from 0 to 0.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did MGG Stock price and energy show when this 1H candle closed?
When the 1H candle at 10:00 on 01-08-2023 closed, MGG Stock was at 23.87, down 12.11% from the previous candle (27.16). Market Energy was 0%, unchanged 0.0 points from 0%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did MGG price move on this 1H candle, and how large is that historically?
MGG closed at 23.87, down 12.11% from the previous 1H candle (27.16).
How did MGG Stock Market Energy change from the previous candle?
Market Energy was nearly unchanged from the previous candle, holding around 0%.
Do MGG price and energy agree?
No. On this candle price moved while energy held flat. This describes a closed candle, not a forecast of where price goes next.
What state was MGG Stock in on the previous 1H candle?
The previous 1H candle had MGG Stock at 0%, Neutral — this candle kept the same state, no zone change.
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 98.9%; VN30 (VN30 basket) in Bull Extreme with energy 97.7%. 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 66.8%. MGG Stock energy is currently below DXY by 66.8 points.
See the real-time energy chart for MGG Stock.
Open Energy ChartSee the full 2AiTrading Model data for MGG on the MGG Stock overview →
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