| DVN latest price $37.5600 (4.57%) ($36.6600 - $37.6900) on Mon. Jun. 6, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 73 |
Latest Price | $37.5600(4.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.9% a day on average for past five trading days. |
Weekly Trend | DVN advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(84%) XOP(84%) XLE(81%) IWN(61%) IWD(59%) |
Factors Impacting DVN price | DVN will decline at least -1.62% in a week (0% probabilities). TLT(-19%) VIXM(-15%) UUP(-13%) BNDX(-7%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.62% (StdDev 3.24%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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