Analysis

·

Price and energy
DVN Stock from 24.57 to 25.14, up 2.32%
Market Energy Bull Bias 34.3% to Bull Extreme 75.4%, up 41.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.77%1.17%0.00%2.32%
Energy61.915.69.341.1
Volatility trend chart · last 4 sessions
0.77% 1.17%0.00% 2.32% 61.9 15.6 9.3 41.1
priceenergy up · down
Volatility · vs history since 2019
Price up 2.32% — higher than 90% of past rises
0%255075100%
Energy up 41.1 pts — higher than 85% of past rises
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: 75.37%

  • Distance to peak 100%: 24.63%
  • Distance to lower bound of Bull Extreme (at 74.5%): 0.87%

"History always repeats itself, one way or another" — 2AITRADING

DVN · H1 · 2024-09-04 06:00 UTC
Preview the last 30 candles — price and energy
View live DVN chart →
Market Energy
34.3%
Bull Bias
75.4%
Bull Extreme
80.7%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

The extreme Bull energy zone recorded from just-completed 1H candle data for DVN.

On trend energy, The energy level rose +41.1%: from 34.3% now at 75.4%.

Time in Bull Extreme energy zone: 1 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 -66.1 to +75.4.

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 04-09-2024 closed, DVN Stock was at 25.14, up 2.32% from the previous candle (24.57). Market Energy was 75.4%, up 41.1 points from 34.3%, 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 25.14, up 2.32% from the previous 1H candle (24.57). This rise is larger than 90% of past rises on the 1H timeframe for DVN, across 1,253 candles since 2019.

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

Market Energy rose 41.1 percentage points from the previous candle — from 34.3% to 75.4%. This rise is larger than 85% of past rises on the 1H timeframe for DVN.

Do DVN price and energy agree?

Yes. Both price and energy moved up on this candle. 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 34.3%, Bull Bias — when this candle closed, DVN Stock moved up to a higher zone: Bull Bias → Bull Extreme.

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

At 75.4%, DVN Stock is 24.63 points from the upper boundary of Bull Extreme (100%) and 0.87 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 Critical with energy -71%; VN30 (VN30 basket) in Bear Extreme with energy -84.1%. Against this backdrop, DVN Stock (Bull Extreme, 75.4%) 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 Neutral with Market Energy -19.7%. DVN Stock energy is currently above DXY by 95 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 →

To jump to a symbol you're interested in, click .