| DVN latest price $21.9900 (-2.44%) ($21.8900 - $22.9100) on Fri. Aug. 30, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 41 |
Latest Price | $21.9900(-2.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.3% a day on average for past five trading days. |
Weekly Trend | DVN declines -1.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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%) IWD(60%) |
Factors Impacting DVN price | DVN will decline at least -1.23% in a week (0% probabilities). VIXM(-45%) VXX(-20%) TLT(-18%) BNDX(-5%) UUP(-4%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
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