Analysis

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Candle close
Price and energy
MGG Stock from 23.46 to 23.87, up 1.75%
Market Energy Bull Extreme 98.9% to Bull Critical 69.6%, down 29.3 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▲ 6.57%▼ 12.33%0.00%▲ 1.75%
Energy▼ 33.3▲ 58.2▲ 0.0▼ 29.3
Volatility trend chart · last 4 sessions
▲ 6.57%▼ 12.33%0.00%▲ 1.75%▼ 33.3▲ 58.2▲ 0.0▼ 29.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 1.75%: not enough data to rank
0%255075100%
Energy down 29.3 pts: not enough data to rank
RESEARCH

Trend of Bull Critical MGG Stock 1H

Sample: 840 1H candles from 2023-08-01 to 2026-09-29
Number of Bull Critical occurrences: 40 times

▸When MGG Stock is in Bull Critical:

  • then MGG Stock moved to higher Market State: 10 times — 25%
  • then MGG Stock moved to lower Market State: 30 times — 75%

▸Current MGG Stock market energy: 69.59%

  • Distance to upper bound of Bull Critical (at 74.5%): 4.91%
  • Distance to lower bound of Bull Critical (at 60%): 9.59%

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

MGG · H1 · 2023-08-15 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
98.9%
Bull Extreme
69.6%
Bull Critical
98.9%
Bull Extreme
Zone
60 – 74.5
Bias
Buyers in control
Explanation

MGG Stock processing result: the Bull Critical reading after the 1H candle closed.

On trend energy, Market Energy unchanged from the previous candle, held at 69.6%.

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, MGG Stock Market Energy ranged from -97.7 to +98.9.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 09:00 on 15-08-2023 closed, MGG Stock was at 23.87, up 1.75% from the previous candle (23.46). Market Energy was 69.6%, down 29.3 points from 98.9%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

How much did MGG price move on this 1H candle, and how large is that historically?

MGG closed at 23.87, up 1.75% from the previous 1H candle (23.46).

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

Market Energy fell 29.3 percentage points from the previous candle — from 98.9% to 69.6%.

Do MGG price and energy agree?

No. Price moved up while energy moved down on this candle. 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 98.9%, Bull Extreme — when this candle closed, MGG Stock moved down to a lower zone: Bull Extreme → Bull Critical.

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

At 69.6%, MGG Stock is 4.91 points from the upper boundary of Bull Critical (74.5%) and 9.59 points from the lower boundary (60%) — so energy sits closer to the upper 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 Extreme with energy 79.7%; VN30 (VN30 basket) in Bull Critical with energy 70.1%. Against this backdrop, MGG Stock (Bull Critical, 69.6%) lower than VNINDEX; sits in the same state zone as 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 30.4%. MGG Stock (Bull Critical) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for MGG 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 MGG on the MGG Stock overview →

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