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| Price | ▼ 1.67% | ▲ 10.17% | ▲ 3.08% | ▼ 5.97% |
| Energy | ▼ 0.5 | ▲ 25.0 | ▲ 22.5 | ▼ 35.7 |
Trend of Bear Critical MTL Stock 1H
▸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: -73.4%
- Distance to upper bound of Bear Critical (at -60%): 13.4%
- Distance to lower bound of Bear Critical (at -74.5%): 1.1%
"A person's history reveals more than you might think" — 2AITRADING
After the system processes the 1H candle, MTL recorded in the Bear Critical level.
On the energy side, Market Energy reading dropped -35.7%, moving from -37.7% to -73.4% after the 1H candle.
Time in Bear Critical energy zone: 1 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 -90.5 to -37.7.
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 10:00 on 23-07-2024 closed, MTL Stock was at 6.3, down 5.97% from the previous candle (6.7). Market Energy was -73.4%, down 35.7 points from -37.7%, 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 6.3, down 5.97% from the previous 1H candle (6.7). This drop is larger than 77% of past drops on the 1H timeframe for MTL, across 716 candles since 2019.
How did MTL Stock Market Energy change from the previous candle?
Market Energy fell 35.7 percentage points from the previous candle — from -37.7% to -73.4%. This drop is larger than 81% 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 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 -37.7%, Bear Bias — when this candle closed, MTL Stock moved down to a lower zone: Bear Bias → Bear Critical.
Where does MTL Stock energy sit within the Bear Critical zone?
At -73.4%, MTL Stock is 13.4 points from the upper boundary of Bear Critical (-60%) and 1.1 points from the lower boundary (-74.5%) — so energy sits closer to the lower 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 Bear Bias with energy -48.8%; VN30 (VN30 basket) in Neutral with energy 0.8%. Against this backdrop, MTL Stock (Bear Critical, -73.4%) 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 Bear Bias with Market Energy -36.3%. MTL Stock (Bear Critical) and DXY currently sit on the same Bear 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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