Analysis

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Candle open
Price and energy
DVN Stock from 22.75 to 21.99, down 3.34%
Market Energy Bear Bias -51.9% to Bear Extreme -84.5%, down 32.6 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 2.67%0.00%▼ 7.03%▼ 3.34%
Energy▼ 4.3▼ 5.0▼ 50.1▼ 32.6
Volatility trend chart · last 4 sessions
▼ 2.67%0.00%▼ 7.03%▼ 3.34%▼ 4.3▼ 5.0▼ 50.1▼ 32.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 3.34% — higher than 69% of past drops
0%255075100%
Energy down 32.6 pts — higher than 91% of past drops
RESEARCH

Trend of Bear Extreme DVN Stock Weekly

Sample: 484 Weekly candles from 2017-05-22 to 2026-09-28
Number of Bear Extreme occurrences: 7 times

▸When DVN Stock is in Bear Extreme:

  • then DVN Stock moved to higher Market State: 7 times — 100%
  • then DVN Stock moved to lower Market State: 0 times — 0%

▸Current DVN Stock market energy: -84.5%

  • Distance to upper bound of Bear Extreme (at -74.5%): 10%
  • Distance to bottom -100%: 15.5%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

DVN · W1 · 2024-09-30 02:00 UTC
Preview the last 30 candles — price and energy
View live DVN chart →
Market Energy
-51.9%
Bear Bias
-84.5%
Bear Extreme
-77.1%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

As the Weekly candle completes, Result for DVN: the peak Bear energy zone.

End-of-session energy readings on Weekly, Market Energy dropped -32.6% this candle, currently -84.5% (previous candle -51.9%).

Time in Bear Extreme 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 30-09-2024 closed, DVN Stock was at 21.99, down 3.34% from the previous candle (22.75). Market Energy was -84.5%, down 32.6 points from -51.9%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

DVN closed at 21.99, down 3.34% from the previous Weekly candle (22.75). This drop is larger than 69% of past drops on the Weekly timeframe for DVN, across 299 candles since 2019.

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

Market Energy fell 32.6 percentage points from the previous candle — from -51.9% to -84.5%. This drop is larger than 91% of past drops on the Weekly timeframe for DVN.

Do DVN price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. 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 -51.9%, Bear Bias — when this candle closed, DVN Stock moved down to a lower zone: Bear Bias → Bear Extreme.

Where does DVN Stock energy sit within the Bear Extreme zone?

At -84.5%, DVN Stock is 10 points from the upper boundary of Bear Extreme (-74.5%) and 15.5 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.

What does Bear Extreme mean?

Bear Extreme 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 Extreme 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 -20.1%; VN30 (VN30 basket) in Neutral with energy 18.8%. Against this backdrop, DVN Stock (Bear Extreme, -84.5%) 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 Neutral with Market Energy 8.8%. DVN Stock energy is currently below DXY by 93.3 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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