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| Price | ▲ 16.28% | ▼ 13.33% | ▲ 13.47% | ▼ 6.78% |
| Energy | ▲ 169.0 | ▼ 137.1 | ▲ 101.3 | ▲ 14.5 |
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: 54.89%
- Distance to upper bound of Bull Bias (at 60%): 5.11%
- Distance to lower bound of Bull Bias (at 20.88%): 34.01%
"A person's history reveals more than you might think" — 2AITRADING
Measurement result after the 1H candle closes, MGG currently in the energy zone tilted toward Bull.
On trend energy, Market Energy at 54.9%, up +14.5% from 40.4% in the previous 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 -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 10:00 on 10-12-2024 closed, MGG Stock was at 26, down 6.78% from the previous candle (27.89). Market Energy was 54.9%, up 14.5 points from 40.4%, 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 26, down 6.78% from the previous 1H candle (27.89). This drop is larger than 53% of past drops on the 1H timeframe for MGG, across 609 candles since 2019.
How did MGG Stock Market Energy change from the previous candle?
Market Energy rose 14.5 percentage points from the previous candle — from 40.4% to 54.9%. This rise is larger than 34% of past rises on the 1H timeframe for MGG.
Do MGG price and energy agree?
No. On this candle price fell but energy rose — the two moved in opposite directions. 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 40.4%, Bull Bias — this candle kept the same state, no zone change.
Where does MGG Stock energy sit within the Bull Bias zone?
At 54.9%, MGG Stock is 5.11 points from the upper boundary of Bull Bias (60%) and 34.01 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 Bias with energy 31.9%; VN30 (VN30 basket) in Bull Bias with energy 25.4%. Against this backdrop, MGG Stock (Bull Bias, 54.9%) sits in the same state zone as 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 6.4%. MGG Stock energy is currently above DXY by 48.5 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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