Analysis

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Price and energy
DVN Stock from 20.29 to 20.48, up 0.94%
Market Energy Bull Extreme 81.4% to Bull Extreme 75.7%, down 5.7 pts
Energy diverges from price
Price and energy change · last 4 candles
Price1.42%7.79%2.26%0.94%
Energy22.815.53.75.7
Volatility trend chart · last 4 sessions
1.42% 7.79% 2.26% 0.94% 22.8 15.5 3.7 5.7
priceenergy up · down
Volatility · vs history since 2019
Price up 0.94% — higher than 59% of past rises
0%255075100%
Energy down 5.7 pts — higher than 41% of past drops
RESEARCH

Trend of Bull Extreme DVN Stock 1H

Sample: 3,646 1H candles from 2023-07-31 to 2026-09-16
Number of Bull Extreme occurrences: 141 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: 141 times100%

Current DVN Stock market energy: 75.73%

  • Distance to peak 100%: 24.27%
  • Distance to lower bound of Bull Extreme (at 74.5%): 1.23%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

DVN · H1 · 2024-06-07 06:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
81.4%
Bull Extreme
75.7%
Bull Extreme
75.0%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

The system just recorded DVN Stock in Bull energy at peak level after the 1H candle closed.

On the measurement side, Market Energy dropped -5.7% this candle, currently 75.7% (previous candle 81.4%).

Time in Bull Extreme energy zone: 3 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 -94.2 to +85.1.

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 13:00 on 07-06-2024 closed, DVN Stock was at 20.48, up 0.94% from the previous candle (20.29). Market Energy was 75.7%, down 5.7 points from 81.4%, 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 20.48, up 0.94% from the previous 1H candle (20.29). This rise is larger than 59% of past rises on the 1H timeframe for DVN, across 950 candles since 2019.

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

Market Energy fell 5.7 percentage points from the previous candle — from 81.4% to 75.7%. This drop is larger than 41% of past drops on the 1H timeframe for DVN.

Do DVN 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 DVN Stock in on the previous 1H candle?

The previous 1H candle had DVN Stock at 81.4%, Bull Extreme — this candle kept the same state, no zone change.

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

At 75.7%, DVN Stock is 24.27 points from the upper boundary of Bull Extreme (100%) and 1.23 points from the lower boundary (74.5%) — so energy sits closer to the lower 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 Bear Bias with energy -53.7%; VN30 (VN30 basket) in Neutral with energy -13.2%. Against this backdrop, DVN Stock (Bull Extreme, 75.7%) 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 Bear Bias with Market Energy -31.2%. DVN Stock (Bull Extreme) and DXY currently sit on opposite sides.

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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