Analysis

·

Candle open
Price and energy
DVN Stock from 15.73 to 15.35, down 2.42%
Market Energy Bull Bias 31.7% to Neutral -6.2%, down 37.9 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.64%▲ 1.72%▼ 1.69%▼ 2.42%
Energy▼ 31.5▲ 7.3▼ 9.5▼ 37.9
Volatility trend chart · last 4 sessions
▲ 0.64%▲ 1.72%▼ 1.69%▼ 2.42%▼ 31.5▲ 7.3▼ 9.5▼ 37.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 2.42% — higher than 53% of past drops
0%255075100%
Energy down 37.9 pts — higher than 96% of past drops
RESEARCH

Trend of Neutral DVN Stock Weekly

Sample: 484 Weekly candles from 2017-05-22 to 2026-09-28
Number of Neutral occurrences: 45 times

▸When DVN Stock is in Neutral:

  • then DVN Stock moved to higher Market State: 23 times — 51.1%
  • then DVN Stock moved to lower Market State: 22 times — 48.9%

▸Current DVN Stock market energy: -6.24%

  • Distance to upper bound of Neutral (at 20.88%): 27.12%
  • Distance to lower bound of Neutral (at -20.88%): 14.64%

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

DVN · W1 · 2023-03-20 02:00 UTC
Preview the last 30 candles — price and energy
View live DVN chart →
Market Energy
31.7%
Bull Bias
-6.2%
Neutral
-3.4%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

DVN Stock processing result: trend energy in a neutral state after the Weekly candle closed.

On the energy side, Market trend energy recorded a -37.9% drop from the previous candle, from 31.7% to -6.2%.

Time in Neutral 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 20-03-2023 closed, DVN Stock was at 15.35, down 2.42% from the previous candle (15.73). Market Energy was -6.2%, down 37.9 points from 31.7%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

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

DVN closed at 15.35, down 2.42% from the previous Weekly candle (15.73). This drop is larger than 53% of past drops on the Weekly timeframe for DVN, across 219 candles since 2019.

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

Market Energy fell 37.9 percentage points from the previous candle — from 31.7% to -6.2%. This drop is larger than 96% of past drops on the Weekly 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 Weekly candle?

The previous Weekly candle had DVN Stock at 31.7%, Bull Bias — when this candle closed, DVN Stock moved down to a lower zone: Bull Bias → Neutral.

Where does DVN Stock energy sit within the Neutral zone?

At -6.2%, DVN Stock is 27.12 points from the upper boundary of Neutral (20.88%) and 14.64 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 -57.9%; VN30 (VN30 basket) in Neutral with energy -12%. Against this backdrop, DVN Stock (Neutral, -6.2%) has higher energy than VNINDEX; sits in the same state zone as 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 Bear Bias with Market Energy -41.8%. DVN Stock energy is currently above DXY by 35.6 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 →

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