| DVN latest price $42.9600 (1.06%) ($42.6900 - $43.3700) on Wed. Aug. 29, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 55 |
Latest Price | $42.9600(1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.1% a day on average for past five trading days. |
Weekly Trend | DVN advances 1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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(64%) PAVE(61%) |
Factors Impacting DVN price | DVN will decline at least -0.95% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.95% (StdDev 1.9%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|