| DVN latest price $11.2200 (-3.77%) ($11.0600 - $11.8190) on Thu. Nov. 12, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.35% (three month average) |
RSI | 65 |
Latest Price | $11.2200(-3.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 2.2% a day on average for past five trading days. |
Weekly Trend | DVN advances 13.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(81%) XLE(76%) XOP(76%) IWN(55%) IWD(53%) |
Factors Impacting DVN price | DVN will decline at least -2.175% in a week (0% probabilities). VIXM(-27%) UUP(-18%) VXX(-10%) TLT(-10%) BNDX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.175% (StdDev 4.35%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
| |
|
|