Analysis

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Price and energy
MWG Stock from 67.37 to 66.98, down 0.58%
Market Energy Bull Bias 42.8% to Bull Bias 34.6%, down 8.2 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.58%0.00%0.88%0.58%
Energy13.214.840.18.2
Volatility trend chart · last 4 sessions
0.58%0.00% 0.88% 0.58% 13.2 14.8 40.1 8.2
priceenergy up · down
Volatility · vs history since 2019
Price down 0.58% — higher than 59% of past drops
0%255075100%
Energy down 8.2 pts — higher than 47% of past drops
RESEARCH

Trend of Bull Bias MWG Stock 1H

Sample: 3,901 1H candles from 2023-07-31 to 2026-09-18
Number of Bull Bias occurrences: 327 times

When MWG Stock is in Bull Bias:

  • then MWG Stock moved to higher Market State: 134 times41%
  • then MWG Stock moved to lower Market State: 193 times59%

Current MWG Stock market energy: 34.64%

  • Distance to upper bound of Bull Bias (at 60%): 25.36%
  • Distance to lower bound of Bull Bias (at 20.88%): 13.76%

"Does history really repeat itself?" — 2AITRADING

MWG · H1 · 2024-08-29 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
42.8%
Bull Bias
34.6%
Bull Bias
33.8%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

After the 1H candle closes, Market MWG in the Bull Bias level.

On the measurement side, Market Energy reading dropped -8.2%, moving from 42.8% to 34.6% after the 1H candle.

Time in Bull Bias energy zone: 2 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, MWG Stock Market Energy ranged from -94.3 to +61.9.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did MWG Stock price and energy show when this 1H candle closed?

When the 1H candle at 09:00 on 29-08-2024 closed, MWG Stock was at 66.98, down 0.58% from the previous candle (67.37). Market Energy was 34.6%, down 8.2 points from 42.8%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

MWG closed at 66.98, down 0.58% from the previous 1H candle (67.37). This drop is larger than 59% of past drops on the 1H timeframe for MWG, across 1,353 candles since 2019.

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

Market Energy fell 8.2 percentage points from the previous candle — from 42.8% to 34.6%. This drop is larger than 47% of past drops on the 1H timeframe for MWG.

Do MWG price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was MWG Stock in on the previous 1H candle?

The previous 1H candle had MWG Stock at 42.8%, Bull Bias — this candle kept the same state, no zone change.

Where does MWG Stock energy sit within the Bull Bias zone?

At 34.6%, MWG Stock is 25.36 points from the upper boundary of Bull Bias (60%) and 13.76 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.

What does Bull Bias mean?

Bull Bias 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 Bias 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 -16.2%; VN30 (VN30 basket) in Neutral with energy -5%. Against this backdrop, MWG Stock (Bull Bias, 34.6%) has higher energy 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 Neutral with Market Energy 14.6%. MWG Stock energy is currently above DXY by 20 points.

Real-time Energy Chart

See the real-time energy chart for MWG 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 MWG on the MWG Stock overview →

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