| DVN latest price $9.4600 (-1.15%) ($9.4000 - $9.7600) on Wed. Sep. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.89% (three month average) |
RSI | 59 |
Latest Price | $9.4600(-1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.6% a day on average for past five trading days. |
Weekly Trend | DVN advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based 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(77%) XLE(76%) IWN(57%) IWD(55%) |
Factors Impacting DVN price | DVN will decline at least -1.945% in a week (0% probabilities). VIXM(-28%) UUP(-18%) VXX(-11%) TLT(-11%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -1.945% (StdDev 3.89%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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