| DVN latest price $32.9200 (4.34%) ($31.6500 - $33.3000) on Wed. Mar. 21, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 65 |
Latest Price | $32.9200(4.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.2% a day on average for past five trading days. |
Weekly Trend | DVN advances 0.8% 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(85%) XOP(83%) XLE(81%) IWN(63%) PAVE(61%) |
Factors Impacting DVN price | DVN will decline at least -1.355% in a week (0% probabilities). TLT(-20%) UUP(-14%) VIXM(-12%) BNDX(-6%) SHY(-2%) |
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 | -1.355% (StdDev 2.71%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
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