Analysis

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Candle close
Price and energy
MTL Stock from 5.3 to 5.8, up 9.43%
Market Energy Bear Extreme -99.9% to Bull Extreme 95.1%, up 195.0 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.00%▲ 1.92%▲ 9.43%
Energy▲ 0.00.0▼ 3.0▲ 195.0
Volatility trend chart · last 4 sessions
0.00%0.00%▲ 1.92%▲ 9.43%▲ 0.00.0▼ 3.0▲ 195.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 9.43% — higher than 87% of past rises
0%255075100%
Energy up 195.0 pts — largest on record (since 2019)
RESEARCH

Trend of Bull Extreme MTL Stock 1H

Sample: 1,448 1H candles from 2023-07-31 to 2026-09-25
Number of Bull Extreme occurrences: 80 times

▸When MTL Stock is in Bull Extreme:

  • then MTL Stock moved to higher Market State: 0 times — 0%
  • then MTL Stock moved to lower Market State: 80 times — 100%

▸Current MTL Stock market energy: 95.11%

  • Distance to peak 100%: 4.89%
  • Distance to lower bound of Bull Extreme (at 74.5%): 20.61%

"Why does archaeology matter?" — 2AITRADING

MTL · H1 · 2024-09-24 07:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-99.9%
Bear Extreme
95.1%
Bull Extreme
99.1%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

As the 1H candle completes, MTL classified as the Bull Extreme zone.

Per the 2AiTrading energy measurement system, Market Energy reading rose +195%, moving from -99.9% to 95.1% after the 1H candle.

Time in Bull Extreme 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 -99.9 to +95.1.

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 24-09-2024 closed, MTL Stock was at 5.8, up 9.43% from the previous candle (5.3). Market Energy was 95.1%, up 195.0 points from -99.9%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

MTL closed at 5.8, up 9.43% from the previous 1H candle (5.3). This rise is larger than 87% of past rises on the 1H timeframe for MTL, across 816 candles since 2019.

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

Market Energy rose 195 percentage points from the previous candle — from -99.9% to 95.1%. This is the largest of all rises on the 1H timeframe for MTL on record since 2019.

Do MTL price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. 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 -99.9%, Bear Extreme — when this candle closed, MTL Stock moved up to a higher zone: Bear Extreme → Bull Extreme.

Where does MTL Stock energy sit within the Bull Extreme zone?

At 95.1%, MTL Stock is 4.89 points from the upper boundary of Bull Extreme (100%) and 20.61 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bull Extreme mean?

Bull 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 Bull 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 Extreme with energy 94.2%; VN30 (VN30 basket) in Bull Extreme with energy 93.2%. Against this backdrop, MTL Stock (Bull Extreme, 95.1%) sits in the same state zone as 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 -25.6%. MTL Stock (Bull Extreme) 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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