| DVN latest price $16.1400 (5.42%) ($15.2500 - $16.2300) on Wed. Dec. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.52% (three month average) |
RSI | 54 |
Latest Price | $16.1400(5.42%) |
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 -1.1% a week on average for past two weeks. |
Market Behavior | Value stock 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(80%) XOP(74%) XLE(73%) IWN(52%) XME(52%) |
Factors Impacting DVN price | DVN will decline at least -2.26% in a week (0% probabilities). VIXM(-26%) UUP(-19%) VXX(-10%) TLT(-8%) 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 | -2.26% (StdDev 4.52%) |
Hourly BBV | 0 () |
Intraday Trend | 5.4% |
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