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| Price | ▲ 13.31% | ▲ 5.18% | ▼ 1.66% | ▼ 4.34% |
| Energy | ▲ 185.9 | ▼ 41.3 | ▲ 3.1 | ▼ 79.3 |
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: -18.43%
- Distance to upper bound of Neutral (at 20.88%): 39.31%
- Distance to lower bound of Neutral (at -20.88%): 2.45%
"Let data guide you, but never trust it completely" — 2AITRADING
MGG classified into neutral energy after the 1H candle completed.
Market energy movement Market Energy dropped -79.3% this candle, currently -18.4% (previous candle 60.8%).
Time in Neutral energy zone: 1 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.
Not enough data in the past 5 days to show a range.
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 09:00 on 11-11-2024 closed, MGG Stock was at 27.13, down 4.34% from the previous candle (28.36). Market Energy was -18.4%, down 79.3 points from 60.8%, 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 27.13, down 4.34% from the previous 1H candle (28.36). This drop is larger than 40% of past drops on the 1H timeframe for MGG, across 591 candles since 2019.
How did MGG Stock Market Energy change from the previous candle?
Market Energy fell 79.3 percentage points from the previous candle — from 60.8% to -18.4%. This drop is larger than 74% 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 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 60.8%, Bull Critical — when this candle closed, MGG Stock moved down to a lower zone: Bull Critical → Neutral.
Where does MGG Stock energy sit within the Neutral zone?
At -18.4%, MGG Stock is 39.31 points from the upper boundary of Neutral (20.88%) and 2.45 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Bear Extreme with energy -82.7%; VN30 (VN30 basket) in Bear Extreme with energy -82.6%. Against this backdrop, MGG Stock (Neutral, -18.4%) has higher energy 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 -5.2%. MGG Stock energy is currently below DXY by 13.3 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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