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| Price | ▲ 2.73% | ▼ 4.75% | 0.00% | 0.00% |
| Energy | ▲ 38.7 | ▼ 50.7 | ▼ 11.6 | ▲ 1.9 |
Trend of Bear Bias DVN Stock Weekly
▸When DVN Stock is in Bear Bias:
- then DVN Stock moved to higher Market State: 20 times — 66.7%
- then DVN Stock moved to lower Market State: 10 times — 33.3%
▸Current DVN Stock market energy: -54.49%
- Distance to upper bound of Bear Bias (at -20.88%): 33.61%
- Distance to lower bound of Bear Bias (at -60%): 5.51%
"To truly understand anything, study its history" — 2AITRADING
Reading from the Weekly candle, DVN in the Bear Bias zone.
Market trend energy Market trend energy recorded a +1.9% rise from the previous candle, from -56.4% to -54.5%.
Time in Bear Bias energy zone: 3 Weekly Candle
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.
Not enough data in the past 5 days to show a range.
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What did DVN Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 02-05-2024 closed, DVN Stock was at 16.85, unchanged 0% from the previous candle (16.85). Market Energy was -54.5%, up 1.9 points from -56.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did DVN price move on this Weekly candle, and how large is that historically?
DVN closed at 16.85, unchanged 0% from the previous Weekly candle (16.85).
How did DVN Stock Market Energy change from the previous candle?
Market Energy rose 1.9 percentage points from the previous candle — from -56.4% to -54.5%. This rise is larger than 22% of past rises on the Weekly timeframe for DVN.
Do DVN price and energy agree?
No. Price was unchanged while energy did change 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 -56.4%, Bear Bias — this candle kept the same state, no zone change.
Where does DVN Stock energy sit within the Bear Bias zone?
At -54.5%, DVN Stock is 33.61 points from the upper boundary of Bear Bias (-20.88%) and 5.51 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Bias with energy 51.7%; VN30 (VN30 basket) in Bull Critical with energy 65.8%. Against this backdrop, DVN Stock (Bear Bias, -54.5%) 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 Critical with Market Energy -73.7%. DVN Stock (Bear Bias) and DXY currently sit on the same Bear side.
See the real-time energy chart for DVN Stock.
Open Energy ChartSee the full 2AiTrading Model data for DVN on the DVN Stock overview →
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