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| Price | ▲ 12.68% | ▲ 7.50% | ▼ 3.49% | ▼ 12.05% |
| Energy | ▲ 37.2 | ▲ 7.7 | ▼ 3.2 | ▼ 17.6 |
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: 38.13%
- Distance to upper bound of Bull Bias (at 60%): 21.87%
- Distance to lower bound of Bull Bias (at 20.88%): 17.25%
"Let data guide you, but never trust it completely" — 2AITRADING
The system just recorded MTL Stock in energy leaning Bull after the 1H candle closed.
The MTL market at session end, Market Energy dropped -17.6% this candle, currently 38.1% (previous candle 55.8%).
Time in Bull Bias energy zone: 4 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 14:00 on 05-06-2024 closed, MTL Stock was at 7.3, down 12.05% from the previous candle (8.3). Market Energy was 38.1%, down 17.6 points from 55.8%, 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 7.3, down 12.05% from the previous 1H candle (8.3). This drop is larger than 95% of past drops on the 1H timeframe for MTL, across 635 candles since 2019.
How did MTL Stock Market Energy change from the previous candle?
Market Energy fell 17.6 percentage points from the previous candle — from 55.8% to 38.1%. This drop is larger than 67% 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 55.8%, Bull Bias — this candle kept the same state, no zone change.
Where does MTL Stock energy sit within the Bull Bias zone?
At 38.1%, MTL Stock is 21.87 points from the upper boundary of Bull Bias (60%) and 17.25 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Bear Bias with energy -55.5%; VN30 (VN30 basket) in Bear Bias with energy -47.3%. Against this backdrop, MTL Stock (Bull Bias, 38.1%) 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 Bull Bias with Market Energy 52.9%. 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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