Analysis

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Candle close
Price and energy
MTL Stock from 6.1 to 5.4, down 11.48%
Market Energy Bull Critical 67.8% to Bear Extreme -79.1%, down 146.9 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 8.33%0.00%▲ 10.91%▼ 11.48%
Energy▼ 24.6▼ 0.0▲ 45.1▼ 146.9
Volatility trend chart · last 4 sessions
▼ 8.33%0.00%▲ 10.91%▼ 11.48%▼ 24.6▼ 0.0▲ 45.1▼ 146.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 11.48% — higher than 92% of past drops
0%255075100%
Energy down 146.9 pts — higher than 96% of past drops
RESEARCH

Trend of Bear Extreme MTL Stock 1H

Sample: 1,448 1H candles from 2023-07-31 to 2026-09-25
Number of Bear Extreme occurrences: 88 times

▸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: -79.1%

  • Distance to upper bound of Bear Extreme (at -74.5%): 4.6%
  • Distance to bottom -100%: 20.9%

"Does history really repeat itself?" — 2AITRADING

MTL · H1 · 2024-10-23 07:00 UTC
Preview the last 30 candles — price and energy
View live MTL chart →
Market Energy
67.8%
Bull Critical
-79.1%
Bear Extreme
-80.0%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

Following the completion of the 1H candle, MTL recorded in the Bear Extreme zone.

Market trend energy A -146.9% change from the previous candle, Market Energy is now -79.1% (previous: 67.8%).

Time in Bear 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 -79.1 to +67.8.

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 23-10-2024 closed, MTL Stock was at 5.4, down 11.48% from the previous candle (6.1). Market Energy was -79.1%, down 146.9 points from 67.8%, 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 5.4, down 11.48% from the previous 1H candle (6.1). This drop is larger than 92% of past drops on the 1H timeframe for MTL, across 837 candles since 2019.

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

Market Energy fell 146.9 percentage points from the previous candle — from 67.8% to -79.1%. This drop is larger than 96% of past drops on the 1H timeframe for MTL.

Do MTL price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. 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 67.8%, Bull Critical — when this candle closed, MTL Stock moved down to a lower zone: Bull Critical → Bear Extreme.

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

At -79.1%, MTL Stock is 4.6 points from the upper boundary of Bear Extreme (-74.5%) and 20.9 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 Bear Bias with energy -38.3%; VN30 (VN30 basket) in Bear Bias with energy -45.9%. Against this backdrop, MTL Stock (Bear Extreme, -79.1%) 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 100%. MTL Stock (Bear 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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