| DVN latest price $26.4000 (2.44%) ($25.3400 - $26.4600) on Mon. Jun. 17, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 47 |
Latest Price | $26.4000(2.44%) |
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 0.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth 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 -1.25% in a week (0% probabilities). VXX(-20%) TLT(-19%) BNDX(-6%) UUP(-4%) IGOV(-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 | -1.25% (StdDev 2.5%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
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