Analysis

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Candle open
Price and energy
DVN Stock from 16.1 to 15.92, down 1.12%
Market Energy Bull Extreme 79.3% to Bull Extreme 74.5%, down 4.8 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 7.64%▲ 2.37%▲ 0.63%▼ 1.12%
Energy▲ 19.4▲ 50.8▲ 7.2▼ 4.8
Volatility trend chart · last 4 sessions
▲ 7.64%▲ 2.37%▲ 0.63%▼ 1.12%▲ 19.4▲ 50.8▲ 7.2▼ 4.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 1.12% — higher than 23% of past drops
0%255075100%
Energy down 4.8 pts — higher than 26% of past drops
RESEARCH

Trend of Bull Extreme DVN Stock Weekly

Sample: 484 Weekly candles from 2017-05-22 to 2026-09-28
Number of Bull Extreme occurrences: 15 times

▸When DVN Stock is in Bull Extreme:

  • then DVN Stock moved to higher Market State: 0 times — 0%
  • then DVN Stock moved to lower Market State: 15 times — 100%

▸Current DVN Stock market energy: 74.5%

  • Distance to peak 100%: 25.5%
  • Distance to lower bound of Bull Extreme (at 74.5%): 0%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

DVN · W1 · 2022-12-12 02:00 UTC
Preview the last 30 candles — price and energy
View live DVN chart →
Market Energy
79.3%
Bull Extreme
74.5%
Bull Extreme
63.1%
Bull Critical
Zone
74.5 – 100
Bias
Buyers in control
Explanation

DVN Stock classified into Bull Extreme after the Weekly candle completed.

Market trend energy Market Energy reading dropped -4.8%, moving from 79.3% to 74.5% after the Weekly candle.

Time in Bull Extreme energy zone: 2 Weekly 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

Not enough data in the past 5 days to show a range.

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 Weekly candle closed?

When the Weekly candle at 09:00 on 12-12-2022 closed, DVN Stock was at 15.92, down 1.12% from the previous candle (16.1). Market Energy was 74.5%, down 4.8 points from 79.3%, 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 Weekly candle, and how large is that historically?

DVN closed at 15.92, down 1.12% from the previous Weekly candle (16.1). This drop is larger than 23% of past drops on the Weekly timeframe for DVN, across 205 candles since 2019.

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

Market Energy fell 4.8 percentage points from the previous candle — from 79.3% to 74.5%. This drop is larger than 26% of past drops on the Weekly timeframe for DVN.

Do DVN price and energy agree?

Yes. Both price and 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 79.3%, Bull Extreme — this candle kept the same state, no zone change.

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

At 74.5%, DVN Stock is 25.5 points from the upper boundary of Bull Extreme (100%) and 0 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 -35.9%; VN30 (VN30 basket) in Neutral with energy -13.1%. Against this backdrop, DVN Stock (Bull Extreme, 74.5%) 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 Bull Bias with Market Energy 33.4%. DVN Stock (Bull Extreme) 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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