| DVN latest price $11.5300 (-7.02%) ($11.2900 - $12.2700) on Wed. May. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.62% (three month average) |
RSI | 61 |
Latest Price | $11.5300(-7.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.1% a day on average for past five trading days. |
Weekly Trend | DVN advances 4.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(82%) XOP(80%) XLE(79%) IWN(61%) IWD(58%) |
Factors Impacting DVN price | DVN will decline at least -4.81% in a week (0% probabilities). VIXM(-32%) UUP(-18%) TLT(-15%) VXX(-13%) BNDX(-7%) |
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 | -4.81% (StdDev 9.62%) |
Hourly BBV | 0 () |
Intraday Trend | -5.9% |
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