Trading Signals: DVN Stock Price Prediction and Forecast

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Mon. Jan. 6, 2020

Trading Signals: DVN Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Fri. Dec. 22, 2023)

(Devon Energy Corporation)
DVN latest price $26.4100 (1.19%) ($26.0850 - $26.5500) on Mon. Jan. 6, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.39% (three month average)
RSI   80
Latest Price   $26.4100(1.19%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   DVN advances 0.5% a day on average for past five trading days.
Weekly Trend   DVN advances 3.1% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support DVN advance at 0% a week (0% probability)
OIH(85%)    XOP(82%)    XLE(81%)    IWN(64%)    IWD(61%)
Factors Impacting DVN price   DVN will decline at least -1.195% in a week (0% probabilities).
VIXM(-46%)    VXX(-20%)    TLT(-18%)    UUP(-5%)    BNDX(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.195% (StdDev 2.39%)
Hourly BBV 0 ()
Intraday Trend 0.3%

5 Day Moving Average   $25.96(1.73%)
10 Day Moving Average   $26.02(1.5%)
20 Day Moving Average   $25(5.64%)
To recent high   -0.5%
To recent low   33.4%
Market Cap   $9.957b

$. DVN price fluctuates within 4.64% (three month std-dev: 2.39%) daily (68% of days).

Sample size 41 Average positive next day return: 1.59%(51%) Average negative next day return: -1.33%(49%) Sample size 41 Average positive next three day return: 1.95%(49%) Average negative next three day return: -1.72%(51%) Sample size 41 Average positive next weekly return: 3.75%(46%) Average negative next weekly return: -1.91%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200206

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_6_2020	23.09	25	26.02	25.96	26.05	26.3	26.41(1.19%)	UT	HoldLong	65	0.4	28	80	10	83	4.39	60%	0.17	88.4	2.39%	0	1.2	80	0.6
2	Jan_3_2020	23.05	24.79	25.89	25.82	25.89	26.12	26.1(1.2%)	UT	OpenLong	75	0.2	25	70	5	86	6.98	60%	0.17	82.6	2.39%	0	1.1	70	0.5
3	Jan_2_2020	23.01	24.61	25.76	25.88	25.85	25.8	25.79(-0.69%)	UD	OpenLong	65	-0.1	22	-20	-4	99	5.05	55%	0.13	78.2	2.41%	0	0.9	72	1.3
4	Dec_31_2019	22.98	24.4	25.61	26.03	26	25.65	25.97(1.72%)	UD	OpenLong	65	-0	21	-100	-9	112	3.39	51%	0.13	67.5	2.49%	0	1.1	74	0.9
5	Dec_30_2019	22.95	24.19	25.41	26.08	26.21	25.91	25.53(-0.78%)	UD	OpenLong	65	-0.4	24	-70	-9	124	3.55	51%	0.04	64.6	2.53%	0	0.9	74	0.4

6	Dec_27_2019	22.94	24.01	25.22	26.07	26.26	26.35	25.73(-2.39%)	UD	OpenLong	75	-0.2	36	50	3	135	3.95	51%	0.09	60.8	2.53%	0	1.1	77	0.9
7	Dec_26_2019	22.92	23.85	25.05	25.94	26.07	26.52	26.36(-0.68%)	UD	OpenLong	75	0.3	56	140	22	159	3.18	51%	0.04	61.6	2.51%	0	1.6	88	1.2
8	Dec_24_2019	22.91	23.64	24.76	25.61	25.66	26.17	26.54(1.18%)	UT	HoldLong	65	0.7	64	140	32	158	2.78	48%	0.09	62.6	2.5%	0	2	84	1.3
9	Dec_23_2019	22.89	23.43	24.44	25.14	25.21	25.61	26.23(2.98%)	UT	HoldLong	65	0.9	60	120	30	151	6.29	48%	0.04	63.1	2.55%	0	2.2	87	1.2
10	Dec_20_2019	22.88	23.25	24.12	24.66	24.76	25.15	25.47(1.43%)	UT	HoldLong	65	0.7	53	120	24	139	14.64	45%	0.04	62.3	2.53%	0	2	79	1.5

11	Dec_19_2019	22.87	23.1	23.88	24.26	24.39	24.81	25.11(1.66%)	UT	HoldLong	65	0.9	47	140	19	129	7.11	45%	-0.09	63.7	2.52%	0	2.1	77	1.8
12	Dec_18_2019	22.89	22.94	23.58	24.04	24.1	24.37	24.7(2.19%)	UT	OpenLong	75	0.8	43	90	19	115	9.02	45%	-0.09	66.1	2.53%	0	2	66	1.7
13	Dec_17_2019	22.91	22.77	23.34	23.78	23.86	23.97	24.17(1.34%)	UT	OpenLong	75	0.5	33	40	10	101	5.36	42%	-0.09	56.7	2.51%	0	1.7	66	2.1
14	Dec_16_2019	22.93	22.66	23.08	23.63	23.68	23.83	23.85(1.58%)	UT	OpenLong	75	0.3	25	50	7	79	11.45	51%	-0.09	52.6	2.58%	0	1.6	58	2.2
15	Dec_13_2019	22.95	22.59	22.88	23.49	23.59	23.75	23.48(-2.13%)	UD	OpenLong	75	-0	20	60	8	55	4.57	51%	-0.09	49	3%	0	1.3	56	2.2

16	Dec_12_2019	22.97	22.5	22.72	23.42	23.4	23.53	23.99(2.43%)	UT	OpenLong	75	0.8	24	40	15	49	5.83	51%	-0.09	42.4	3%	0	2.2	60	1.6
17	Dec_11_2019	22.99	22.38	22.56	23.04	23.15	23.43	23.42(0%)	UT	HoldLong	50	0.6	17	100	11	33	3.58	51%	-0.13	26.4	2.99%	0	1.7	64	0.3
18	Dec_10_2019	23.02	22.32	22.43	22.83	22.89	23.27	23.42(1.17%)	UT	OpenLong	75	1.1	25	120	22	34	5.09	51%	-0.13	13.5	3%	0	2	67	-0.1
19	Dec_9_2019	23.05	22.27	22.35	22.43	22.55	22.87	23.15(0.04%)	UT	OpenLong	75	1.4	18	120	18	19	4.56	54%	-0.13	-7.6	2.99%	0	1.8	60	-0.2
20	Dec_6_2019	23.08	22.25	22.3	22.17	22.15	22.51	23.14(4.85%)	UT	OpenLong	75	2	12	110	14	6	5.31	54%	-0.13	-6.9	3.07%	0	1.9	53	1.1

21	Dec_5_2019	23.11	22.25	22.3	21.92	21.98	22.23	22.07(-1.43%)	N/A	N/A	0	0.3	3	90	5	-3	5.18	53%	-0.17	1	3.01%	0	-0.3	53	0.6
22	Dec_4_2019	23.15	22.22	22.24	22.01	21.91	21.78	22.39(4.58%)	UT	OpenLong	75	0.8	2	-60	1	3	6.38	55%	-0.17	24.6	3.03%	0	0.4	57	0.4
23	Dec_3_2019	23.19	22.25	22.15	21.98	21.97	21.74	21.41(-1.92%)	DT	OpenShort	-75	-1.2	-15	-70	-16	-13	4.5	52%	-0.3	37	3%	0	-1.8	43	-0.5
24	Dec_2_2019	23.26	22.31	22.22	22.25	22.23	22.03	21.83(-0.27%)	DT	OpenShort	-75	-1	-8	-70	-10	-1	4.87	52%	-0.26	74.1	2.99%	0	-1.1	45	0.6
25	Nov_29_2019	23.32	22.28	22.29	22.43	22.4	22.21	21.89(-2.75%)	N/A	N/A	0	-1.1	-7	-60	-11	5	2.39	54%		74.1	3.01%	0	-0.8	42	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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