| DVN latest price $41.8000 (-1.25%) ($41.5600 - $42.8900) on Tue. May. 22, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 74 |
Latest Price | $41.8000(-1.25%) |
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 4.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(85%) XOP(83%) XLE(81%) IWN(64%) PAVE(61%) |
Factors Impacting DVN price | DVN will decline at least -1.185% in a week (0% probabilities). TLT(-20%) VXX(-18%) UUP(-14%) VIXM(-11%) BNDX(-6%) |
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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
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