Analysis

MTL Stock 4.8 ↑2.13%: Bears very strong · D Oct 16, 2026

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Candle open
Price and energy
Open 4.8 · High 4.8 · Low 4.8 · Close 4.8 · Range (high − low) 0
MTL Stock closed at 4.8, up 0.1 (+2.13%) from 4.7.
Bull–Bear energy behind the price: the market moved from the Bear Critical zone at -68.1% to Bear Critical at -71.4%, down 3.3 points.
Energy diverges from price.
Price and energy · last 4 candles
Price65.24.74.8
Energy57.2%-90.8%-68.1%-71.4%
Price change↑ 7.14%↓ 13.33%↓ 9.62%↑ 2.13%
Energy change↓ 42.0↓ 148.0↑ 22.6↓ 3.3
Volatility trend chart · last 4 sessions
↑ 7.14%↓ 13.33%↓ 9.62%↑ 2.13%↓ 42.0↓ 148.0↑ 22.6↓ 3.3
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 2.13% — higher than 23% of past rises
0%255075100%
Energy down 3.3 pts — higher than 57% of past drops
Knowledge

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

RESEARCH

Trend of Bear Critical MTL Stock Daily

Sample: 2,332 Daily candles from 2016-05-11 to 2026-10-22
Number of Bear Critical occurrences: 49 times

▸When MTL Stock is in Bear Critical:

  • then MTL Stock moved to higher Market State: 31 times — 63.3%
  • then MTL Stock moved to lower Market State: 18 times — 36.7%

▸Current MTL Stock market energy: -71.42%

  • Distance to upper bound of Bear Critical (at -60%): 11.42%
  • Distance to lower bound of Bear Critical (at -74.5%): 3.08%

"To truly understand anything, study its history" — 2AITRADING

MTL · D1 · 2026-10-16 02:00 UTC
Preview the last 30 candles — price and energy
View live MTL chart →
Market Energy
-68.1%
Bear Critical
-71.4%
Bear Critical
-98.3%
Bear Extreme
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

After the Daily data updates, MTL Stock in Bear Critical of Market Energy.

Market trend on the 2AiTrading energy system Market Energy reading dropped -3.3%, moving from -68.1% to -71.4% after the Daily candle.

Time in Bear Critical 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 -90.8 to -68.1.

Frequently asked questions

What did MTL Stock price and energy show when this Daily candle closed?

When the Daily candle closed at 09:00 on 16-10-2026, MTL Stock was at 4.8, up 2.13% from the previous candle (4.7). Market Energy was -71.4%, down 3.3 points from -68.1%, 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 Daily candle, and how large is that historically?

MTL closed at 4.8, up 2.13% from the previous Daily candle (4.7). This rise is larger than 23% of past rises on the Daily timeframe for MTL, across 1,663 candles since 2019.

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

Market Energy fell 3.3 percentage points from the previous candle — from -68.1% to -71.4%. This drop is larger than 57% of past drops on the Daily timeframe for MTL.

Do MTL price and energy agree?

No. On this candle price rose but energy fell — the two moved in opposite directions. This describes a closed candle, not a forecast of where price goes next.

What state was MTL Stock in on the previous Daily candle?

The previous Daily candle had MTL Stock at -68.1%, Bear Critical — this candle kept the same state, no zone change.

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

At -71.4%, MTL Stock is 11.42 points from the upper boundary of Bear Critical (-60%) and 3.08 points from the lower boundary (-74.5%) — so energy sits closer to the lower 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 Bull Bias with energy 26.5%; VN30 (VN30 basket) in Bull Critical with energy 63.2%. Against this backdrop, MTL Stock (Bear Critical, -71.4%) 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 Critical with Market Energy -61.1%. MTL Stock (Bear Critical) 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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