| DVN latest price $32.3900 (-0.89%) ($32.0900 - $32.7300) on Thu. Sep. 7, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 83 |
Latest Price | $32.3900(-0.89%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(84%) XOP(83%) XLE(81%) IWN(62%) PAVE(60%) |
Factors Impacting DVN price | DVN will decline at least -0.965% in a week (0% probabilities). TLT(-19%) UUP(-14%) VIXM(-13%) BNDX(-6%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.965% (StdDev 1.93%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
| |
|
|