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| Price | ▼ 3.49% | ▲ 1.86% | ▼ 6.13% | ▲ 1.26% |
| Energy | ▼ 9.6 | ▼ 10.1 | ▼ 36.2 | ▼ 2.6 |
Trend of Bear Bias DVN Stock Weekly
▸When DVN Stock is in Bear Bias:
- then DVN Stock moved to higher Market State: 20 times — 66.7%
- then DVN Stock moved to lower Market State: 10 times — 33.3%
▸Current DVN Stock market energy: -27.75%
- Distance to upper bound of Bear Bias (at -20.88%): 6.87%
- Distance to lower bound of Bear Bias (at -60%): 32.25%
"Why does archaeology matter?" — 2AITRADING
Reading from the Weekly candle, DVN Stock classified as the Market Energy zone leaning Bear.
The DVN market at session end, Market Energy dropped -2.6% this candle, currently -27.8% (previous candle -25.2%).
Time in Bear Bias energy zone: 2 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did DVN Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 22-06-2020 closed, DVN Stock was at 8.84, up 1.26% from the previous candle (8.73). Market Energy was -27.8%, down 2.6 points from -25.2%, 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 Weekly candle, and how large is that historically?
DVN closed at 8.84, up 1.26% from the previous Weekly candle (8.73). This rise is larger than 34% of past rises on the Weekly timeframe for DVN, across 77 candles since 2019.
How did DVN Stock Market Energy change from the previous candle?
Market Energy fell 2.6 percentage points from the previous candle — from -25.2% to -27.8%. This drop is larger than 22% of past drops on the Weekly timeframe for DVN.
Do DVN price and energy agree?
No. Price moved up while energy moved down 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 Weekly candle?
The previous Weekly candle had DVN Stock at -25.2%, Bear Bias — this candle kept the same state, no zone change.
Where does DVN Stock energy sit within the Bear Bias zone?
At -27.8%, DVN Stock is 6.87 points from the upper boundary of Bear Bias (-20.88%) and 32.25 points from the lower boundary (-60%) — so energy sits closer to the upper 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 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 99.5%; VN30 (VN30 basket) in Bull Extreme with energy 98.7%. Against this backdrop, DVN Stock (Bear Bias, -27.8%) lower 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 Bull Bias with Market Energy 39.4%. DVN Stock (Bear Bias) and DXY currently sit on opposite sides.
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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