Analysis

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Candle close
Price and energy
MTL Stock from 8.2 to 8.9, up 8.54%
Market Energy Bull Extreme 98.0% to Bull Extreme 100.0%, up 2.0 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.00%▲ 2.50%▲ 8.54%
Energy▲ 1.5▲ 0.0▲ 0.7▲ 2.0
Volatility trend chart · last 4 sessions
0.00%0.00%▲ 2.50%▲ 8.54%▲ 1.5▲ 0.0▲ 0.7▲ 2.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 8.54% — higher than 88% of past rises
0%255075100%
Energy up 2.0 pts — higher than 31% of past rises
RESEARCH

Trend of Bull Extreme MTL Stock 1H

Sample: 1,448 1H candles from 2023-07-31 to 2026-09-25
Number of Bull Extreme occurrences: 80 times

▸When MTL Stock is in Bull Extreme:

  • then MTL Stock moved to higher Market State: 0 times — 0%
  • then MTL Stock moved to lower Market State: 80 times — 100%

▸Current MTL Stock market energy: 99.98%

  • Distance to peak 100%: 0.02%
  • Distance to lower bound of Bull Extreme (at 74.5%): 25.48%

"To truly understand anything, study its history" — 2AITRADING

MTL · H1 · 2024-05-20 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
98.0%
Bull Extreme
100.0%
Bull Extreme
80.2%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

Once measurement on the 1H timeframe completes, MTL Stock shows the Bull Extreme energy zone.

Market movement just recorded on the 1H timeframe, Market trend energy recorded a +2% rise from the previous candle, from 98% to 100%.

Time in Bull Extreme energy zone: 19 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 +80.6 to +100.

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 14:00 on 20-05-2024 closed, MTL Stock was at 8.9, up 8.54% from the previous candle (8.2). Market Energy was 100%, up 2.0 points from 98%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

MTL closed at 8.9, up 8.54% from the previous 1H candle (8.2). This rise is larger than 88% of past rises on the 1H timeframe for MTL, across 595 candles since 2019.

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

Market Energy rose 2 percentage points from the previous candle — from 98% to 100%. This rise is larger than 31% of past rises on the 1H timeframe for MTL.

Do MTL price and energy agree?

Yes. Both price and energy moved up on this candle. 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 98%, Bull Extreme — this candle kept the same state, no zone change.

Where does MTL Stock energy sit within the Bull Extreme zone?

At 100%, MTL Stock is 0.02 points from the upper boundary of Bull Extreme (100%) and 25.48 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bull Extreme mean?

Bull Extreme 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 Extreme 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 52.5%; VN30 (VN30 basket) in Neutral with energy 18.3%. Against this backdrop, MTL Stock (Bull Extreme, 100%) 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 6.8%. MTL Stock energy is currently above DXY by 93.1 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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