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| Price | ▼ 16.47% | ▲ 12.68% | ▲ 7.50% | ▼ 3.49% |
| Energy | ▼ 62.5 | ▲ 37.2 | ▲ 7.7 | ▼ 3.2 |
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: 55.77%
- Distance to upper bound of Bull Bias (at 60%): 4.23%
- Distance to lower bound of Bull Bias (at 20.88%): 34.89%
"Why does archaeology matter?" — 2AITRADING
MTL Stock processing result: the Bull Bias energy level after the 1H candle closed.
Market trend update: Market Energy dropped -3.2% this candle, currently 55.8% (previous candle 59%).
Time in Bull Bias energy zone: 3 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 -95.8 to +76.6.
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 05-06-2024 closed, MTL Stock was at 8.3, down 3.49% from the previous candle (8.6). Market Energy was 55.8%, down 3.2 points from 59%, 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 8.3, down 3.49% from the previous 1H candle (8.6). This drop is larger than 63% of past drops on the 1H timeframe for MTL, across 634 candles since 2019.
How did MTL Stock Market Energy change from the previous candle?
Market Energy fell 3.2 percentage points from the previous candle — from 59% to 55.8%. This drop is larger than 40% 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 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 59%, Bull Bias — this candle kept the same state, no zone change.
Where does MTL Stock energy sit within the Bull Bias zone?
At 55.8%, MTL Stock is 4.23 points from the upper boundary of Bull Bias (60%) and 34.89 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 75.9%; VN30 (VN30 basket) in Bull Critical with energy 62.3%. Against this backdrop, MTL Stock (Bull Bias, 55.8%) 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 -9.9%. MTL Stock energy is currently above DXY by 65.6 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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