Analysis

·

Candle close
Price and energy
MGG Stock from 30.41 to 28.35, down 6.77%
Market Energy Bull Extreme 99.8% to Bull Critical 67.6%, down 32.2 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 20.86%▲ 13.34%0.00%▼ 6.77%
Energy▲ 4.1▲ 3.7▼ 0.2▼ 32.2
Volatility trend chart · last 4 sessions
▼ 20.86%▲ 13.34%0.00%▼ 6.77%▲ 4.1▲ 3.7▼ 0.2▼ 32.2
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 6.77% — higher than 49% of past drops
0%255075100%
Energy down 32.2 pts — higher than 55% of past drops
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: 67.58%

  • Distance to upper bound of Bull Critical (at 74.5%): 6.92%
  • Distance to lower bound of Bull Critical (at 60%): 7.58%

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

MGG · H1 · 2023-12-25 06:00 UTC
Preview the last 30 candles — price and energy
View live MGG chart →
Market Energy
99.8%
Bull Extreme
67.6%
Bull Critical
67.6%
Bull Critical
Zone
60 – 74.5
Bias
Buyers in control
Explanation

Reading from the 1H candle, MGG Stock classified as the Bull Critical state.

Looking at the Market Energy reading, Market Energy moved from 99.8% to 67.6%, down -32.2% 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, MGG Stock Market Energy ranged from -99.9 to +100.

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 13:00 on 25-12-2023 closed, MGG Stock was at 28.35, down 6.77% from the previous candle (30.41). Market Energy was 67.6%, down 32.2 points from 99.8%, 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 28.35, down 6.77% from the previous 1H candle (30.41). This drop is larger than 49% of past drops on the 1H timeframe for MGG, across 232 candles since 2019.

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

Market Energy fell 32.2 percentage points from the previous candle — from 99.8% to 67.6%. This drop is larger than 55% of past drops on the 1H timeframe for MGG.

Do MGG 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 MGG Stock in on the previous 1H candle?

The previous 1H candle had MGG Stock at 99.8%, 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 67.6%, MGG Stock is 6.92 points from the upper boundary of Bull Critical (74.5%) and 7.58 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 97.6%; VN30 (VN30 basket) in Bull Extreme with energy 90.1%. Against this backdrop, MGG Stock (Bull Critical, 67.6%) 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 Neutral with Market Energy 20.8%. MGG Stock energy is currently above DXY by 46.8 points.

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 →

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