Analysis

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Candle open
Price and energy
DVN Stock from 17.03 to 17.5, up 2.76%
Market Energy Bull Bias 29.3% to Bull Bias 30.1%, up 0.8 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 1.09%▼ 0.57%▼ 3.18%▲ 2.76%
Energy▼ 5.8▼ 12.0▼ 21.9▲ 0.8
Volatility trend chart · last 4 sessions
▲ 1.09%▼ 0.57%▼ 3.18%▲ 2.76%▼ 5.8▼ 12.0▼ 21.9▲ 0.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 2.76% — higher than 53% of past rises
0%255075100%
Energy up 0.8 pts — higher than 12% of past rises
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: 30.11%

  • Distance to upper bound of Bull Bias (at 60%): 29.89%
  • Distance to lower bound of Bull Bias (at 20.88%): 9.23%

"Does history really repeat itself?" — 2AITRADING

DVN · W1 · 2023-07-10 02:00 UTC
Preview the last 30 candles — price and energy
View live DVN chart →
Market Energy
29.3%
Bull Bias
30.1%
Bull Bias
55.3%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

With the Weekly candle just closed, DVN Stock within the Bull Bias zone.

Observing the DVN market this session, Energy delta +0.8%: Market Energy at 30.1%, previously 29.3%.

Time in Bull Bias energy zone: 3 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 10-07-2023 closed, DVN Stock was at 17.5, up 2.76% from the previous candle (17.03). Market Energy was 30.1%, up 0.8 points from 29.3%, 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 17.5, up 2.76% from the previous Weekly candle (17.03). This rise is larger than 53% of past rises on the Weekly timeframe for DVN, across 235 candles since 2019.

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

Market Energy rose 0.8 percentage points from the previous candle — from 29.3% to 30.1%. This rise is larger than 12% of past rises on the Weekly timeframe for DVN.

Do DVN price and energy agree?

Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.

What state was DVN Stock in on the previous Weekly candle?

The previous Weekly candle had DVN Stock at 29.3%, Bull Bias — this candle kept the same state, no zone change.

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

At 30.1%, DVN Stock is 29.89 points from the upper boundary of Bull Bias (60%) and 9.23 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 Bull Extreme with energy 88.4%; VN30 (VN30 basket) in Bull Extreme with energy 77%. Against this backdrop, DVN Stock (Bull Bias, 30.1%) 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 Bear Bias with Market Energy -44.6%. DVN Stock (Bull Bias) and DXY currently sit on opposite sides.

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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