Analysis

·

Candle close
Price and energy
MTL Stock from 7.7 to 7.7, flat 0.00%
Market Energy Neutral 14.1% to Neutral 14.1%, down 0.0 pts
Price and energy change · last 4 candles
Price0.00%0.00%▲ 14.93%0.00%
Energy0.0▼ 0.0▼ 8.5▼ 0.0
Volatility trend chart · last 4 sessions
0.00%0.00%▲ 14.93%0.00%0.0▼ 0.0▼ 8.5▼ 0.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price flat 0.00%: not enough data to rank
0%255075100%
Energy down 0.0 pts — higher than 13% of past drops
RESEARCH

Trend of Neutral MTL Stock 1H

Sample: 1,448 1H candles from 2023-07-31 to 2026-09-25
Number of Neutral occurrences: 59 times

▸When MTL Stock is in Neutral:

  • then MTL Stock moved to higher Market State: 34 times — 57.6%
  • then MTL Stock moved to lower Market State: 25 times — 42.4%

▸Current MTL Stock market energy: 14.12%

  • Distance to upper bound of Neutral (at 20.88%): 6.76%
  • Distance to lower bound of Neutral (at -20.88%): 35%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

MTL · H1 · 2024-05-06 03:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
14.1%
Neutral
14.1%
Neutral
14.1%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the 1H candle completes, MTL Stock noted at balanced trend energy.

Per the 2AiTrading energy measurement system, A 0% change from the previous candle, Market Energy is now 14.1% (previous: 14.1%).

Time in Neutral energy zone: 2 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, MTL Stock Market Energy ranged from +14.1 to +69.4.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did MTL Stock price and energy show when this 1H candle closed?

When the 1H candle at 10:00 on 06-05-2024 closed, MTL Stock was at 7.7, unchanged 0% from the previous candle (7.7). Market Energy was 14.1%, down 0.0 points from 14.1%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did MTL price move on this 1H candle, and how large is that historically?

MTL closed at 7.7, unchanged 0% from the previous 1H candle (7.7).

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

Market Energy was nearly unchanged from the previous candle, holding around 14.1%.

Do MTL price and energy agree?

No. On this candle price held flat while energy moved. This describes a closed candle, not a forecast of where price goes next.

What state was MTL Stock in on the previous 1H candle?

The previous 1H candle had MTL Stock at 14.1%, Neutral — this candle kept the same state, no zone change.

Where does MTL Stock energy sit within the Neutral zone?

At 14.1%, MTL Stock is 6.76 points from the upper boundary of Neutral (20.88%) and 35 points from the lower boundary (-20.88%) — so energy sits closer to the upper 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 Bull Extreme with energy 99.9%; VN30 (VN30 basket) in Bull Extreme with energy 94.4%. Against this backdrop, MTL Stock (Neutral, 14.1%) 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 -2.2%. MTL Stock energy is currently above DXY by 16.3 points.

Real-time Energy Chart

See the real-time energy chart for MTL 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 MTL on the MTL Stock overview →

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