Analysis

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Price and energy
DVN Stock from 17.5 to 17.4, down 0.57%
Market Energy Bull Extreme 82.5% to Bull Extreme 89.0%, up 6.5 pts
Energy diverges from price
Price and energy change · last 4 candles
Price0.00%0.00%1.10%0.57%
Energy0.08.924.96.5
Volatility trend chart · last 4 sessions
0.00%0.00% 1.10% 0.57%0.0 8.9 24.9 6.5
priceenergy up · down
Volatility · vs history since 2019
Price down 0.57% — higher than 47% of past drops
0%255075100%
Energy up 6.5 pts — higher than 31% of past rises
RESEARCH

Trend of Bull Extreme DVN Stock 1H

Sample: 3,651 1H candles from 2023-07-31 to 2026-09-17
Number of Bull Extreme occurrences: 142 times

When DVN Stock is in Bull Extreme:

  • then DVN Stock moved to higher Market State: 0 times0%
  • then DVN Stock moved to lower Market State: 142 times100%

Current DVN Stock market energy: 88.99%

  • Distance to peak 100%: 11.01%
  • Distance to lower bound of Bull Extreme (at 74.5%): 14.49%

"Does history really repeat itself?" — 2AITRADING

DVN · H1 · 2023-10-09 03:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
82.5%
Bull Extreme
89.0%
Bull Extreme
97.6%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

From the just-closed 1H candle data, DVN Stock reflects the extreme Bull energy level.

The market energy reading The energy level rose +6.5%: from 82.5% now at 89%.

Time in Bull Extreme 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, DVN Stock Market Energy ranged from -91.5 to +89.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 10:00 on 09-10-2023 closed, DVN Stock was at 17.4, down 0.57% from the previous candle (17.5). Market Energy was 89%, up 6.5 points from 82.5%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

DVN closed at 17.4, down 0.57% from the previous 1H candle (17.5). This drop is larger than 47% of past drops on the 1H timeframe for DVN, across 233 candles since 2019.

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

Market Energy rose 6.5 percentage points from the previous candle — from 82.5% to 89%. This rise is larger than 31% of past rises on the 1H timeframe for DVN.

Do DVN price and energy agree?

No. On this candle price fell but energy rose — the two moved in opposite directions. This describes the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had DVN Stock at 82.5%, Bull Extreme — this candle kept the same state, no zone change.

Where does DVN Stock energy sit within the Bull Extreme zone?

At 89%, DVN Stock is 11.01 points from the upper boundary of Bull Extreme (100%) and 14.49 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bull Extreme mean?

Bull 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 Bull 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 Bull Extreme with energy 87.7%; VN30 (VN30 basket) in Bull Extreme with energy 78.7%. Against this backdrop, DVN Stock (Bull Extreme, 89%) sits in the same state zone as 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 -18.5%. DVN Stock energy is currently above DXY by 107.5 points.

Real-time Energy Chart

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

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