Analysis

·

Candle close
Price and energy
MTL Stock from 7.5 to 7.5, flat 0.00%
Market Energy Bull Bias 42.7% to Bull Bias 42.7%, flat 0.0 pts
Price and energy change · last 4 candles
Price▼ 3.49%▼ 12.05%▲ 2.74%0.00%
Energy▼ 3.2▼ 17.6▲ 4.60.0
Volatility trend chart · last 4 sessions
▼ 3.49%▼ 12.05%▲ 2.74%0.00%▼ 3.2▼ 17.6▲ 4.60.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price flat 0.00%: not enough data to rank
0%255075100%
Energy flat 0.0 pts: not enough data to rank
RESEARCH

Trend of Bull Bias MTL Stock 1H

Sample: 1,448 1H candles from 2023-07-31 to 2026-09-25
Number of Bull Bias occurrences: 74 times

▸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: 42.75%

  • Distance to upper bound of Bull Bias (at 60%): 17.25%
  • Distance to lower bound of Bull Bias (at 20.88%): 21.87%

"Does history really repeat itself?" — 2AITRADING

MTL · H1 · 2024-06-06 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
42.7%
Bull Bias
42.7%
Bull Bias
-99.3%
Bear Extreme
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Following the completion of the 1H candle, MTL Stock within the Bull Bias state.

Per the 2AiTrading energy measurement system, Market Energy showed no change, currently 42.7%.

Time in Bull Bias energy zone: 6 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 -95.8 to +76.6.

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 06-06-2024 closed, MTL Stock was at 7.5, unchanged 0% from the previous candle (7.5). Market Energy was 42.7%, unchanged 0.0 points from 42.7%, 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 7.5, unchanged 0% from the previous 1H candle (7.5).

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

Market Energy was nearly unchanged from the previous candle, holding around 42.7%.

Do MTL price and energy agree?

No. This candle recorded no movement in either measure. 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 42.7%, Bull Bias — this candle kept the same state, no zone change.

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

At 42.7%, MTL Stock is 17.25 points from the upper boundary of Bull Bias (60%) and 21.87 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 Bear Critical with energy -62.7%; VN30 (VN30 basket) in Bear Bias with energy -32.4%. Against this backdrop, MTL Stock (Bull Bias, 42.7%) 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 26.2%. MTL Stock (Bull Bias) and DXY currently sit on the same Bull side.

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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