Analysis

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Candle close
Price and energy
MTL Stock from 7.6 to 7.1, down 6.58%
Market Energy Bull Extreme 89.9% to Bear Critical -63.2%, down 153.1 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.00%▼ 3.80%▼ 6.58%
Energy▼ 13.30.0▲ 5.8▼ 153.1
Volatility trend chart · last 4 sessions
0.00%0.00%▼ 3.80%▼ 6.58%▼ 13.30.0▲ 5.8▼ 153.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 6.58% — higher than 81% of past drops
0%255075100%
Energy down 153.1 pts — higher than 96% of past drops
RESEARCH

Trend of Bear Critical MTL Stock 1H

Sample: 1,448 1H candles from 2023-07-31 to 2026-09-25
Number of Bear Critical occurrences: 49 times

▸When MTL Stock is in Bear Critical:

  • then MTL Stock moved to higher Market State: 27 times — 55.1%
  • then MTL Stock moved to lower Market State: 22 times — 44.9%

▸Current MTL Stock market energy: -63.21%

  • Distance to upper bound of Bear Critical (at -60%): 3.21%
  • Distance to lower bound of Bear Critical (at -74.5%): 11.29%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

MTL · H1 · 2024-07-02 07:00 UTC
Preview the last 30 candles — price and energy
View live MTL chart →
Market Energy
89.9%
Bull Extreme
-63.2%
Bear Critical
-70.4%
Bear Critical
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Once measurement on the 1H timeframe completes, MTL Stock shows Bear trend energy near extreme.

On the 2AiTrading energy system, Market Energy showed no change, currently -63.2%.

Time in Bear Critical energy zone: 1 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 -84.1 to +97.3.

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 02-07-2024 closed, MTL Stock was at 7.1, down 6.58% from the previous candle (7.6). Market Energy was -63.2%, down 153.1 points from 89.9%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

How much did MTL price move on this 1H candle, and how large is that historically?

MTL closed at 7.1, down 6.58% from the previous 1H candle (7.6). This drop is larger than 81% of past drops on the 1H timeframe for MTL, across 677 candles since 2019.

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

Market Energy fell 153.1 percentage points from the previous candle — from 89.9% to -63.2%. This drop is larger than 96% of past drops on the 1H timeframe for MTL.

Do MTL price and energy agree?

Yes. Both price and energy moved down on this candle. 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 89.9%, Bull Extreme — when this candle closed, MTL Stock moved down to a lower zone: Bull Extreme → Bear Critical.

Where does MTL Stock energy sit within the Bear Critical zone?

At -63.2%, MTL Stock is 3.21 points from the upper boundary of Bear Critical (-60%) and 11.29 points from the lower boundary (-74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bear Critical mean?

Bear Critical 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 Critical 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 96.4%; VN30 (VN30 basket) in Bull Extreme with energy 88.5%. Against this backdrop, MTL Stock (Bear Critical, -63.2%) 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 74.9%. MTL Stock (Bear Critical) and DXY currently sit on opposite sides.

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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