·
| Price | ▼ 10.50% | ▲ 2.24% | ▲ 7.41% | ▼ 8.64% |
| Energy | ▲ 56.7 | ▲ 7.6 | ▼ 72.3 | ▲ 33.6 |
Trend of Bull Bias MGG Stock 1H
▸When MGG Stock is in Bull Bias:
- then MGG Stock moved to higher Market State: 31 times — 39.2%
- then MGG Stock moved to lower Market State: 48 times — 60.8%
▸Current MGG Stock market energy: 58.3%
- Distance to upper bound of Bull Bias (at 60%): 1.7%
- Distance to lower bound of Bull Bias (at 20.88%): 37.42%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
The energy state tilted toward Bull is the result just recorded for MGG after the 1H candle closed.
Looking at the energy level, Market Energy reading rose +33.6%, moving from 24.7% to 58.3% after the 1H candle.
Time in Bull Bias 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 +24.7 to +97.1.
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 20-09-2024 closed, MGG Stock was at 23.7, down 8.64% from the previous candle (25.94). Market Energy was 58.3%, up 33.6 points from 24.7%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did MGG price move on this 1H candle, and how large is that historically?
MGG closed at 23.7, down 8.64% from the previous 1H candle (25.94). This drop is larger than 59% of past drops on the 1H timeframe for MGG, across 564 candles since 2019.
How did MGG Stock Market Energy change from the previous candle?
Market Energy rose 33.6 percentage points from the previous candle — from 24.7% to 58.3%. This rise is larger than 51% of past rises on the 1H timeframe for MGG.
Do MGG price and energy agree?
No. This candle recorded a price decline with energy moving the other way. This describes the candle that just closed; it does not say where price goes next.
What state was MGG Stock in on the previous 1H candle?
The previous 1H candle had MGG Stock at 24.7%, Bull Bias — this candle kept the same state, no zone change.
Where does MGG Stock energy sit within the Bull Bias zone?
At 58.3%, MGG Stock is 1.7 points from the upper boundary of Bull Bias (60%) and 37.42 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull Bias 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 Bias 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 97.7%; VN30 (VN30 basket) in Bull Extreme with energy 99.4%. Against this backdrop, MGG Stock (Bull Bias, 58.3%) 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 Bear Bias with Market Energy -24.1%. MGG Stock (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for MGG Stock.
Open Energy ChartSee the full 2AiTrading Model data for MGG on the MGG Stock overview →
To jump to a symbol you're interested in, click .