Analysis

·

Candle open
Price and energy
DVN Stock from 17.03 to 17.03, flat 0.00%
Market Energy Neutral 0.2% to Neutral -6.1%, down 6.3 pts
Price and energy change · last 4 candles
Price▼ 2.17%▲ 2.76%▼ 0.53%0.00%
Energy▼ 21.9▲ 11.1▲ 1.8▼ 6.3
Volatility trend chart · last 4 sessions
▼ 2.17%▲ 2.76%▼ 0.53%0.00%▼ 21.9▲ 11.1▲ 1.8▼ 6.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price flat 0.00%: not enough data to rank
0%255075100%
Energy down 6.3 pts — higher than 33% 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: -6.11%

  • Distance to upper bound of Neutral (at 20.88%): 26.99%
  • Distance to lower bound of Neutral (at -20.88%): 14.77%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

DVN · W1 · 2024-01-29 02:00 UTC
Preview the last 30 candles — price and energy
View live DVN chart →
Market Energy
0.2%
Neutral
-6.1%
Neutral
-6.1%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Following the completion of the Weekly candle, DVN recorded in the neutral energy state.

Per the 2AiTrading energy measurement system, Market trend energy recorded a -6.3% drop from the previous candle, from 0.2% to -6.1%.

Time in Neutral energy zone: 8 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 29-01-2024 closed, DVN Stock was at 17.03, unchanged 0% from the previous candle (17.03). Market Energy was -6.1%, down 6.3 points from 0.2%, 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 17.03, unchanged 0% from the previous Weekly candle (17.03).

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

Market Energy fell 6.3 percentage points from the previous candle — from 0.2% to -6.1%. This drop is larger than 33% of past drops on the Weekly timeframe for DVN.

Do DVN price and energy agree?

No. On this candle price held flat while energy moved. 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 0.2%, Neutral — this candle kept the same state, no zone change.

Where does DVN Stock energy sit within the Neutral zone?

At -6.1%, DVN Stock is 26.99 points from the upper boundary of Neutral (20.88%) and 14.77 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 Neutral with energy -5.4%; VN30 (VN30 basket) in Neutral with energy 0%. Against this backdrop, DVN Stock (Neutral, -6.1%) sits in the same state zone as 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 Neutral with Market Energy 10.7%. DVN Stock energy is currently below DXY by 16.8 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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