| DVN latest price $11.1000 (3.16%) ($10.7900 - $11.2300) on Fri. Aug. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.71% (three month average) |
RSI | 32 |
Latest Price | $11.1000(3.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.2% a day on average for past five trading days. |
Weekly Trend | DVN declines -5.9% 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(82%) XOP(78%) XLE(77%) IWN(57%) IWD(55%) |
Factors Impacting DVN price | DVN will decline at least -2.355% in a week (0% probabilities). VIXM(-28%) UUP(-18%) VXX(-11%) TLT(-11%) 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 | -2.355% (StdDev 4.71%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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