| DVN latest price $23.4100 (7.09%) ($22.4000 - $23.6100) on Wed. Feb. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 33 |
Latest Price | $23.4100(7.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.1% a day on average for past five trading days. |
Weekly Trend | DVN declines -6.9% 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(82%) XLE(81%) IWN(64%) IWD(61%) |
Factors Impacting DVN price | DVN will decline at least -1.225% in a week (0% probabilities). VIXM(-46%) VXX(-20%) TLT(-18%) SHY(-10%) UUP(-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 | -1.225% (StdDev 2.45%) |
Hourly BBV | 0 () |
Intraday Trend | 4.1% |
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