| DVN latest price $43.8200 (2.22%) ($43.1950 - $44.3700) on Fri. Nov. 18, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 73 |
Latest Price | $43.8200(2.22%) |
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 5.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -1.28% in a week (0% probabilities). TLT(-19%) VIXM(-13%) UUP(-12%) BNDX(-7%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.28% (StdDev 2.56%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
| |
|
|