| DVN latest price $44.7600 (3.35%) ($43.6550 - $45.0100) on Thu. Aug. 18, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 73 |
Latest Price | $44.7600(3.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.6% a day on average for past five trading days. |
Weekly Trend | DVN advances 7.1% a week on average for past two weeks. |
Market Behavior | Value stock 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 -1.505% in a week (0% probabilities). TLT(-19%) VIXM(-14%) UUP(-12%) BNDX(-7%) IBUY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.505% (StdDev 3.01%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
| |
|
|