Analysis

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Price and energy
DVN Stock from 20.48 to 20.29, down 0.93%
Market Energy Bull Bias 57.6% to Bull Bias 47.0%, down 10.6 pts
Down candle #2 in a rowPrice and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.00%0.39%0.93%
Energy9.74.72.910.6
Volatility trend chart · last 4 sessions
0.00%0.00% 0.39% 0.93% 9.7 4.7 2.9 10.6
priceenergy up · down
Volatility · vs history since 2019
Price down 0.93% — higher than 55% of past drops
0%255075100%
Energy down 10.6 pts — higher than 60% of past drops
RESEARCH

Trend of Bull Bias DVN Stock 1H

Sample: 3,647 1H candles from 2023-07-31 to 2026-09-16
Number of Bull Bias occurrences: 227 times

When DVN Stock is in Bull Bias:

  • then DVN Stock moved to higher Market State: 93 times41%
  • then DVN Stock moved to lower Market State: 134 times59%

Current DVN Stock market energy: 47.04%

  • Distance to upper bound of Bull Bias (at 60%): 12.96%
  • Distance to lower bound of Bull Bias (at 20.88%): 26.16%

"A person's history reveals more than you might think" — 2AITRADING

DVN · H1 · 2024-06-10 06:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
57.6%
Bull Bias
47.0%
Bull Bias
77.9%
Bull Extreme
Zone
20.88 – 60
Bias
Buyers in control
Explanation

From the just-closed 1H candle data, DVN Stock noted at the Bull Bias energy zone.

End-of-session energy readings on 1H, A -10.6% change from the previous candle, Market Energy is now 47% (previous: 57.6%).

Time in Bull Bias 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 -87 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 10-06-2024 closed, DVN Stock was at 20.29, down 0.93% from the previous candle (20.48). Market Energy was 47%, down 10.6 points from 57.6%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

DVN closed at 20.29, down 0.93% from the previous 1H candle (20.48). This drop is larger than 55% of past drops on the 1H timeframe for DVN, across 955 candles since 2019.

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

Market Energy fell 10.6 percentage points from the previous candle — from 57.6% to 47%. This drop is larger than 60% of past drops on the 1H timeframe for DVN.

Do DVN price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. 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 57.6%, Bull Bias — this candle kept the same state, no zone change.

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

At 47%, DVN Stock is 12.96 points from the upper boundary of Bull Bias (60%) and 26.16 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.

What does Bull Bias mean?

Bull 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 Bull 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 Bias with energy 28.2%; VN30 (VN30 basket) in Neutral with energy 18.6%. Against this backdrop, DVN Stock (Bull Bias, 47%) has higher energy than VN30; sits in the same state zone as VNINDEX.

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 Bull Extreme with Market Energy 79.9%. DVN Stock (Bull Bias) and DXY currently sit on the same Bull side.

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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