Analysis

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Price and energy
MTL Stock from 4.9 to 4.4, down 10.20%
Market Energy Bull Bias 34.0% to Bear Bias -53.0%, down 86.9 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price9.80%4.35%11.36%10.20%
Energy53.530.678.486.9
Volatility trend chart · last 4 sessions
9.80% 4.35% 11.36% 10.20% 53.5 30.6 78.4 86.9
priceenergy up · down
Volatility · vs history since 2019
Price down 10.20% — higher than 80% of past drops
0%255075100%
Energy down 86.9 pts — higher than 95% of past drops
RESEARCH

Trend of Bear Bias MTL Stock Daily

Sample: 2,317 Daily candles from 2016-05-11 to 2026-09-04
Number of Bear Bias occurrences: 77 times

When MTL Stock is in Bear Bias:

  • then MTL Stock moved to higher Market State: 40 times51.9%
  • then MTL Stock moved to lower Market State: 37 times48.1%

Current MTL Stock market energy: -52.95%

  • Distance to upper bound of Bear Bias (at -20.88%): 32.07%
  • Distance to lower bound of Bear Bias (at -60%): 7.05%

"Does history really repeat itself?" — 2AITRADING

MTL · D1 · 2026-09-04 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
34.0%
Bull Bias
-53.0%
Bear Bias
Expected at
09:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

MTL Stock classified into the Bear Bias level after the Daily candle completed.

Market energy measurement A -86.9% change from the previous candle, Market Energy is now -53% (previous: 34%).

Time in Bear Bias energy zone: 1 Daily 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 -53 to +34.

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 Daily candle closed?

When the Daily candle at 09:00 on 04-09-2026 closed, MTL Stock was at 4.4, down 10.2% from the previous candle (4.9). Market Energy was -53%, down 86.9 points from 34%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

MTL closed at 4.4, down 10.2% from the previous Daily candle (4.9). This drop is larger than 80% of past drops on the Daily timeframe for MTL, across 1,651 candles since 2019.

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

Market Energy fell 86.9 percentage points from the previous candle — from 34% to -53%. This drop is larger than 95% of past drops on the Daily 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 Daily candle?

The previous Daily candle had MTL Stock at 34%, Bull Bias — when this candle closed, MTL Stock moved down to a lower zone: Bull Bias → Bear Bias.

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

At -53%, MTL Stock is 32.07 points from the upper boundary of Bear Bias (-20.88%) and 7.05 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.

What does Bear Bias mean?

Bear 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 Bear 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 Bull Critical with energy 71%; VN30 (VN30 basket) in Bull Extreme with energy 100%. Against this backdrop, MTL Stock (Bear Bias, -53%) 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 -42.9%. MTL Stock (Bear Bias) and DXY currently sit on the same Bear side.

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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