| DVN latest price $21.4000 (1.66%) ($20.7100 - $21.5400) on Tue. Oct. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 53 |
Latest Price | $21.4000(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.7% a day on average for past five trading days. |
Weekly Trend | DVN advances 1% 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(61%) |
Factors Impacting DVN price | DVN will decline at least -1.54% in a week (0% probabilities). VIXM(-46%) VXX(-20%) TLT(-18%) UUP(-5%) BNDX(-5%) |
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 | -1.54% (StdDev 3.08%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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