Analysis

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Candle open
Price and energy
DVN Stock from 15.63 to 15.73, up 0.64%
Market Energy Bull Critical 65.4% to Bull Bias 33.9%, down 31.5 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▲ 1.86%▼ 0.63%▼ 1.20%▲ 0.64%
Energy▼ 2.4▼ 2.2▼ 4.0▼ 31.5
Volatility trend chart · last 4 sessions
▲ 1.86%▼ 0.63%▼ 1.20%▲ 0.64%▼ 2.4▼ 2.2▼ 4.0▼ 31.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.64% — higher than 12% of past rises
0%255075100%
Energy down 31.5 pts — higher than 90% of past drops
RESEARCH

Trend of Bull Bias DVN Stock Weekly

Sample: 484 Weekly candles from 2017-05-22 to 2026-09-28
Number of Bull Bias occurrences: 39 times

▸When DVN Stock is in Bull Bias:

  • then DVN Stock moved to higher Market State: 12 times — 30.8%
  • then DVN Stock moved to lower Market State: 27 times — 69.2%

▸Current DVN Stock market energy: 33.88%

  • Distance to upper bound of Bull Bias (at 60%): 26.12%
  • Distance to lower bound of Bull Bias (at 20.88%): 13%

"Why does archaeology matter?" — 2AITRADING

DVN · W1 · 2023-02-27 02:00 UTC
Preview the last 30 candles — price and energy
View live DVN chart →
Market Energy
65.4%
Bull Critical
33.9%
Bull Bias
41.2%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Following the completion of the Weekly candle, Result for DVN Stock: Bull Bias of Market Energy.

Looking at the energy level, Market Energy moved from 65.4% to 33.9%, down -31.5% from the previous candle.

Time in Bull Bias energy zone: 1 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 27-02-2023 closed, DVN Stock was at 15.73, up 0.64% from the previous candle (15.63). Market Energy was 33.9%, down 31.5 points from 65.4%, 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 Weekly candle, and how large is that historically?

DVN closed at 15.73, up 0.64% from the previous Weekly candle (15.63). This rise is larger than 12% of past rises on the Weekly timeframe for DVN, across 216 candles since 2019.

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

Market Energy fell 31.5 percentage points from the previous candle — from 65.4% to 33.9%. This drop is larger than 90% 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 65.4%, Bull Critical — when this candle closed, DVN Stock moved down to a lower zone: Bull Critical → Bull Bias.

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

At 33.9%, DVN Stock is 26.12 points from the upper boundary of Bull Bias (60%) and 13 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Neutral with energy 11.9%; VN30 (VN30 basket) in Neutral with energy -12.1%. Against this backdrop, DVN Stock (Bull Bias, 33.9%) 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 51.6%. 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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