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| Price | ▲ 8.06% | ▼ 4.48% | ▼ 6.25% | ▼ 1.67% |
| Energy | ▼ 8.6 | ▲ 17.7 | ▼ 11.9 | ▼ 0.5 |
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: -85.22%
- Distance to upper bound of Bear Extreme (at -74.5%): 10.72%
- Distance to bottom -100%: 14.78%
"Does history really repeat itself?" — 2AITRADING
As the 1H candle completes, MTL Stock in the peak Bear energy zone.
On the energy side, Market Energy reading dropped -0.5%, moving from -84.7% to -85.2% after the 1H candle.
Time in Bear Extreme energy zone: 2 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 -98.3 to +86.3.
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 13:00 on 19-07-2024 closed, MTL Stock was at 5.9, down 1.67% from the previous candle (6). Market Energy was -85.2%, down 0.5 points from -84.7%, 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 5.9, down 1.67% from the previous 1H candle (6). This drop is larger than 9% of past drops on the 1H timeframe for MTL, across 713 candles since 2019.
How did MTL Stock Market Energy change from the previous candle?
Market Energy fell 0.5 percentage points from the previous candle — from -84.7% to -85.2%. This drop is larger than 24% 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 -84.7%, Bear Extreme — this candle kept the same state, no zone change.
Where does MTL Stock energy sit within the Bear Extreme zone?
At -85.2%, MTL Stock is 10.72 points from the upper boundary of Bear Extreme (-74.5%) and 14.78 points from the lower boundary (-100%) — so energy sits closer to the upper 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 Bias with energy 21.9%; VN30 (VN30 basket) in Bull Bias with energy 37.9%. Against this backdrop, MTL Stock (Bear Extreme, -85.2%) 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 Critical with Market Energy 61.6%. MTL Stock (Bear Extreme) and DXY currently sit on opposite sides.
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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