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| Price | ▼ 10.72% | ▲ 16.28% | ▼ 13.33% | ▲ 13.47% |
| Energy | ▼ 187.8 | ▲ 169.0 | ▼ 137.1 | ▲ 101.3 |
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: 40.41%
- Distance to upper bound of Bull Bias (at 60%): 19.59%
- Distance to lower bound of Bull Bias (at 20.88%): 19.53%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
MGG recorded in Bull Bias as the 1H candle ended.
The energy side shows Market Energy reading rose +101.3%, moving from -60.9% to 40.4% after the 1H candle.
Time in Bull Bias 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.
Over the past 5 days, MGG Stock Market Energy ranged from -92.7 to +95.1.
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 09:00 on 10-12-2024 closed, MGG Stock was at 27.89, up 13.47% from the previous candle (24.58). Market Energy was 40.4%, up 101.3 points from -60.9%, 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 27.89, up 13.47% from the previous 1H candle (24.58). This rise is larger than 87% of past rises on the 1H timeframe for MGG, across 608 candles since 2019.
How did MGG Stock Market Energy change from the previous candle?
Market Energy rose 101.3 percentage points from the previous candle — from -60.9% to 40.4%. This rise is larger than 72% of past rises on the 1H timeframe for MGG.
Do MGG price and energy agree?
Yes. Both price and energy moved up on this candle. 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 -60.9%, Bear Critical — when this candle closed, MGG Stock moved up to a higher zone: Bear Critical → Bull Bias.
Where does MGG Stock energy sit within the Bull Bias zone?
At 40.4%, MGG Stock is 19.59 points from the upper boundary of Bull Bias (60%) and 19.53 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Critical with energy 66.7%; VN30 (VN30 basket) in Bull Bias with energy 52.8%. Against this backdrop, MGG Stock (Bull Bias, 40.4%) 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 Neutral with Market Energy 19.6%. MGG Stock energy is currently above DXY by 20.8 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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