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| Price | 0.00% | 0.00% | 0.00% | ▲ 7.45% |
| Energy | ▼ 17.8 | ▼ 2.5 | ▼ 0.0 | ▼ 26.7 |
Trend of Bull Bias MTL Stock 1H
▸When MTL Stock is in Bull Bias:
- then MTL Stock moved to higher Market State: 38 times — 51.4%
- then MTL Stock moved to lower Market State: 36 times — 48.6%
▸Current MTL Stock market energy: 52.89%
- Distance to upper bound of Bull Bias (at 60%): 7.11%
- Distance to lower bound of Bull Bias (at 20.88%): 32.01%
"Does history really repeat itself?" — 2AITRADING
Observing the completed 1H candle, MTL Stock recorded in the energy zone leaning Bull.
On the 2AiTrading energy system, Market Energy reading dropped -26.7%, moving from 79.6% to 52.9% 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, MTL Stock Market Energy ranged from +52.9 to +100.
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 09:00 on 24-05-2024 closed, MTL Stock was at 10.1, up 7.45% from the previous candle (9.4). Market Energy was 52.9%, down 26.7 points from 79.6%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did MTL price move on this 1H candle, and how large is that historically?
MTL closed at 10.1, up 7.45% from the previous 1H candle (9.4). This rise is larger than 82% of past rises on the 1H timeframe for MTL, across 609 candles since 2019.
How did MTL Stock Market Energy change from the previous candle?
Market Energy fell 26.7 percentage points from the previous candle — from 79.6% to 52.9%. This drop is larger than 77% of past drops on the 1H timeframe for MTL.
Do MTL price and energy agree?
No. On this candle price rose but energy fell — the two moved in opposite directions. 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 79.6%, Bull Extreme — when this candle closed, MTL Stock moved down to a lower zone: Bull Extreme → Bull Bias.
Where does MTL Stock energy sit within the Bull Bias zone?
At 52.9%, MTL Stock is 7.11 points from the upper boundary of Bull Bias (60%) and 32.01 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 Extreme with energy 95.2%; VN30 (VN30 basket) in Bull Extreme with energy 91.2%. Against this backdrop, MTL Stock (Bull Bias, 52.9%) 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 Bull Extreme with Market Energy 82.1%. MTL Stock (Bull Bias) and DXY currently sit on the same Bull side.
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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