| DVN latest price $11.0700 (-2.47%) ($10.8800 - $11.2500) on Wed. Jul. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.44% (three month average) |
RSI | 49 |
Latest Price | $11.0700(-2.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.7% a day on average for past five trading days. |
Weekly Trend | DVN declines -0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(82%) XOP(78%) XLE(77%) IWN(58%) IWD(55%) |
Factors Impacting DVN price | DVN will decline at least -2.72% in a week (0% probabilities). VIXM(-28%) UUP(-18%) VXX(-11%) TLT(-11%) BNDX(-6%) |
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 | -2.72% (StdDev 5.44%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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