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| Price | ▲ 2.67% | ▲ 3.90% | ▼ 3.75% | ▼ 2.60% |
| Energy | ▲ 1.5 | ▲ 44.1 | ▼ 36.9 | ▼ 47.4 |
Trend of Neutral MTL Stock 1H
▸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: -9.36%
- Distance to upper bound of Neutral (at 20.88%): 30.24%
- Distance to lower bound of Neutral (at -20.88%): 11.52%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
As the 1H candle completes, MTL Stock recorded in the Neutral energy zone.
On the 2AiTrading energy system, Market Energy dropped -47.4% this candle, currently -9.4% (previous candle 38.1%).
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.
Over the past 5 days, MTL Stock Market Energy ranged from -100 to +75.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did MTL Stock price and energy show when this 1H candle closed?
When the 1H candle at 10:00 on 14-05-2024 closed, MTL Stock was at 7.5, down 2.6% from the previous candle (7.7). Market Energy was -9.4%, down 47.4 points from 38.1%, 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 7.5, down 2.6% from the previous 1H candle (7.7). This drop is larger than 65% of past drops on the 1H timeframe for MTL, across 575 candles since 2019.
How did MTL Stock Market Energy change from the previous candle?
Market Energy fell 47.4 percentage points from the previous candle — from 38.1% to -9.4%. This drop is larger than 86% of past drops on the 1H timeframe for MTL.
Do MTL 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 MTL Stock in on the previous 1H candle?
The previous 1H candle had MTL Stock at 38.1%, Bull Bias — when this candle closed, MTL Stock moved down to a lower zone: Bull Bias → Neutral.
Where does MTL Stock energy sit within the Neutral zone?
At -9.4%, MTL Stock is 30.24 points from the upper boundary of Neutral (20.88%) and 11.52 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 Bull Extreme with energy 87.3%; VN30 (VN30 basket) in Bull Extreme with energy 92.6%. Against this backdrop, MTL Stock (Neutral, -9.4%) 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 7.8%. MTL Stock energy is currently below DXY by 17.2 points.
See the real-time energy chart for MTL Stock.
Open Energy ChartSee the full 2AiTrading Model data for MTL on the MTL Stock overview →
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