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| Price | ▲ 7.58% | ▼ 12.68% | ▲ 12.90% | ▼ 10.00% |
| Energy | ▲ 54.9 | ▼ 57.8 | ▲ 13.1 | ▼ 12.4 |
Trend of Bear Extreme MTL Stock 1H
▸When MTL Stock is in Bear Extreme:
- then MTL Stock moved to higher Market State: 88 times — 100%
- then MTL Stock moved to lower Market State: 0 times — 0%
▸Current MTL Stock market energy: -98.28%
- Distance to upper bound of Bear Extreme (at -74.5%): 23.78%
- Distance to bottom -100%: 1.72%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Observing the completed 1H candle, Market Energy of MTL Stock indicates the Bear Extreme state.
Market trend update: Market trend energy recorded a -12.4% drop from the previous candle, from -85.9% to -98.3%.
Time in Bear Extreme 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 -99 to -41.1.
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 27-06-2024 closed, MTL Stock was at 6.3, down 10% from the previous candle (7). Market Energy was -98.3%, down 12.4 points from -85.9%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did MTL price move on this 1H candle, and how large is that historically?
MTL closed at 6.3, down 10% from the previous 1H candle (7). This drop is larger than 89% of past drops on the 1H timeframe for MTL, across 666 candles since 2019.
How did MTL Stock Market Energy change from the previous candle?
Market Energy fell 12.4 percentage points from the previous candle — from -85.9% to -98.3%. This drop is larger than 59% of past drops on the 1H timeframe for MTL.
Do MTL price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 -85.9%, Bear Extreme — this candle kept the same state, no zone change.
Where does MTL Stock energy sit within the Bear Extreme zone?
At -98.3%, MTL Stock is 23.78 points from the upper boundary of Bear Extreme (-74.5%) and 1.72 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.
What does Bear Extreme mean?
Bear 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 Bear 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 Critical with energy 74.1%; VN30 (VN30 basket) in Bull Bias with energy 54.3%. Against this backdrop, MTL Stock (Bear Extreme, -98.3%) 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 17.6%. MTL Stock energy is currently below DXY by 115.9 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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