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| Price | ▼ 0.28% | ▼ 0.86% | 0.00% | ▼ 2.31% |
| Energy | ▼ 6.5 | ▼ 15.4 | ▼ 13.8 | ▼ 55.9 |
Trend of Bear Bias DVN Stock Daily
▸When DVN Stock is in Bear Bias:
- then DVN Stock moved to higher Market State: 98 times — 61.3%
- then DVN Stock moved to lower Market State: 62 times — 38.8%
▸Current DVN Stock market energy: -58.11%
- Distance to upper bound of Bear Bias (at -20.88%): 37.23%
- Distance to lower bound of Bear Bias (at -60%): 1.89%
"History always repeats itself, one way or another" — 2AITRADING
Observing the completed Daily candle, Result for DVN Stock: the Bear Bias state.
End-of-session energy readings on Daily, Energy delta -55.9%: Market Energy at -58.1%, previously -2.2%.
Time in Bear Bias energy zone: 1 Daily Candle
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.
Over the past 5 days, DVN Stock Market Energy ranged from -58.1 to +27.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did DVN Stock price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 24-09-2019 closed, DVN Stock was at 10.17, down 2.31% from the previous candle (10.41). Market Energy was -58.1%, down 55.9 points from -2.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did DVN price move on this Daily candle, and how large is that historically?
DVN closed at 10.17, down 2.31% from the previous Daily candle (10.41). This drop is larger than 90% of past drops on the Daily timeframe for DVN, across 180 candles since 2019.
How did DVN Stock Market Energy change from the previous candle?
Market Energy fell 55.9 percentage points from the previous candle — from -2.2% to -58.1%. This drop is larger than 97% of past drops on the Daily timeframe for DVN.
Do DVN 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 DVN Stock in on the previous Daily candle?
The previous Daily candle had DVN Stock at -2.2%, Neutral — when this candle closed, DVN Stock moved down to a lower zone: Neutral → Bear Bias.
Where does DVN Stock energy sit within the Bear Bias zone?
At -58.1%, DVN Stock is 37.23 points from the upper boundary of Bear Bias (-20.88%) and 1.89 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 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 10.2%. DVN Stock energy is currently below DXY by 68.3 points.
See the real-time energy chart for DVN Stock.
Open Energy ChartSee the full 2AiTrading Model data for DVN on the DVN Stock overview →
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