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| Price | ▲ 4.69% | ▲ 5.97% | ▼ 4.23% | ▼ 11.76% |
| Energy | ▲ 114.9 | ▲ 74.3 | ▲ 3.9 | ▼ 160.1 |
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: -66.97%
- Distance to upper bound of Bear Critical (at -60%): 6.97%
- Distance to lower bound of Bear Critical (at -74.5%): 7.53%
"To truly understand anything, study its history" — 2AITRADING
MTL classified into the near-peak Bear energy state after the 1H candle completed.
The energy side shows Compared to the previous candle (93.2%), Market Energy dropped -160.1% to -67%.
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 -67 to +93.2.
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 31-07-2024 closed, MTL Stock was at 6, down 11.76% from the previous candle (6.8). Market Energy was -67%, down 160.1 points from 93.2%, 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, down 11.76% from the previous 1H candle (6.8). This drop is larger than 94% of past drops on the 1H timeframe for MTL, across 724 candles since 2019.
How did MTL Stock Market Energy change from the previous candle?
Market Energy fell 160.1 percentage points from the previous candle — from 93.2% to -67%. 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 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 93.2%, 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 -67%, MTL Stock is 6.97 points from the upper boundary of Bear Critical (-60%) and 7.53 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 Neutral with energy -7.1%; VN30 (VN30 basket) in Neutral with energy 16.4%. Against this backdrop, MTL Stock (Bear Critical, -67%) 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 -55.4%. 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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