| DVN latest price $33.8600 (2.82%) ($32.8853 - $34.6500) on Wed. Nov. 7, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 42 |
Latest Price | $33.8600(2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.9% a day on average for past five trading days. |
Weekly Trend | DVN declines -1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(64%) PAVE(61%) |
Factors Impacting DVN price | DVN will decline at least -1.065% in a week (0% probabilities). TLT(-20%) VXX(-18%) UUP(-15%) VIXM(-10%) 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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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