| DVN latest price $9.6000 (5.49%) ($8.6500 - $9.8600) on Fri. Oct. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.96% (three month average) |
RSI | 56 |
Latest Price | $9.6000(5.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.7% a day on average for past five trading days. |
Weekly Trend | DVN declines -0.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value 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(54%) |
Factors Impacting DVN price | DVN will decline at least -1.98% in a week (0% probabilities). VIXM(-28%) UUP(-17%) 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 | -1.98% (StdDev 3.96%) |
Hourly BBV | 0 () |
Intraday Trend | 10.3% |
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