| DVN latest price $10.3200 (4.56%) ($9.8400 - $10.3300) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.98% (three month average) |
RSI | 54 |
Latest Price | $10.3200(4.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 2.5% a day on average for past five trading days. |
Weekly Trend | DVN advances 4.3% 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(77%) XLE(76%) IWN(56%) IWD(54%) |
Factors Impacting DVN price | DVN will decline at least -1.99% in a week (0% probabilities). VIXM(-28%) UUP(-17%) 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 | -1.99% (StdDev 3.98%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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