| DVN latest price $24.5700 (4.46%) ($24.0300 - $24.7300) on Fri. Jan. 4, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 38 |
Latest Price | $24.5700(4.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.4% a day on average for past five trading days. |
Weekly Trend | DVN declines -3.7% 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 -1.525% in a week (0% probabilities). TLT(-20%) VXX(-17%) UUP(-15%) VIXM(-9%) 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 | -1.525% (StdDev 3.05%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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