Trading Signals: DVN Stock Price Prediction and Forecast

^ DVN: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Jan. 5, 2021

Trading Signals: DVN Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Fri. Dec. 22, 2023)

(Devon Energy Corporation)
DVN latest price $17.3600 (7.63%) ($16.3520 - $17.9400) on Tue. Jan. 5, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.5% (three month average)
RSI   66
Latest Price   $17.3600(7.63%)
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 1.5% 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(80%)    XOP(74%)    XLE(73%)    IWN(52%)    XME(52%)
Factors Impacting DVN price   DVN will decline at least -2.25% in a week (0% probabilities).
VIXM(-26%)    UUP(-18%)    VXX(-10%)    TLT(-8%)    SHY(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.25% (StdDev 4.5%)
Hourly BBV 0 ()
Intraday Trend 6%

5 Day Moving Average   $16.15(7.49%)
10 Day Moving Average   $15.76(10.15%)
20 Day Moving Average   $15.82(9.73%)
To recent high   0%
To recent low   114.3%
Market Cap   $6.545b

$. DVN price fluctuates within 3.41% (three month std-dev: 4.5%) daily (68% of days).

Sample size 45 Average positive next day return: 2.39%(49%) Average negative next day return: -1.66%(51%) Sample size 45 Average positive next three day return: 3.56%(47%) Average negative next three day return: -3.26%(53%) Sample size 45 Average positive next weekly return: 3.58%(51%) Average negative next weekly return: -5.09%(49%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210205

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_5_2021	11.72	15.82	15.76	16.15	16.18	16.54	17.36(7.63%)	UT	OpenLong	75	2.2	22	160	20	29	17.6	78%	0.51	54.5	4.5%	0	2.9	66	-0.5
2	Jan_4_2021	11.66	15.78	15.56	15.75	15.77	15.99	16.13(2.02%)	UT	OpenLong	75	0.9	6	100	8	1	10.3	77%	0.34	66.2	4.47%	0	0.9	49	-1.6
3	Dec_31_2020	11.62	15.73	15.56	15.59	15.61	15.82	15.81(-2.04%)	N/A	N/A	0	0.5	1	100	5	-12	8.6	78%	0.26	52.8	4.5%	0	0.2	43	1.2
4	Dec_30_2020	11.59	15.69	15.55	15.56	15.5	15.55	16.14(5.42%)	N/A	N/A	0	1.2	5	10	10	-10	8.89	78%	0.35	41.7	4.52%	0	0.9	54	1.3
5	Dec_29_2020	11.55	15.59	15.51	15.3	15.42	15.4	15.31(-0.26%)	DT	OpenShort	-75	0	-7	10	0	-28	5.65	77%	0.26	18.9	4.5%	0	-0.5	45	0.2

6	Dec_28_2020	11.52	15.53	15.52	15.29	15.35	15.45	15.35(0.13%)	DP	OpenShort	-75	0.1	-9	60	-1	-33	5.4	78%	0.26	22	4.51%	0	-0.3	46	1.2
7	Dec_24_2020	11.49	15.51	15.59	15.35	15.23	15.44	15.33(-2.11%)	DT	OpenShort	-75	-0	-11	70	-3	-35	2.79	78%	0.26	31.7	4.66%	0	-0.3	39	1.3
8	Dec_23_2020	11.46	15.5	15.71	15.5	15.32	15.25	15.66(5.6%)	DP	OpenShort	-75	0.2	-5	-70	0	-19	6.57	76%	0.44	53.3	4.66%	0	0.2	54	0.5
9	Dec_22_2020	11.41	15.48	15.72	15.55	15.48	15.01	14.83(-3.07%)	DT	OpenShort	-75	-1	-12	-230	-11	-15	5.47	75%	0.35	70.5	4.69%	0	-0.9	54	-0.7
10	Dec_21_2020	11.37	15.47	15.84	15.75	15.67	15.39	15.3(-2.11%)	N/A	N/A	0	-0.6	-3	-140	-7	10	10.01	73%	0.44	90.2	4.67%	0	-0.2	63	-1.6

11	Dec_18_2020	11.32	15.38	15.91	15.76	15.83	15.39	15.63(-2.92%)	UD	OpenLong	65	-0.1	5	70	-3	27	18.16	73%	0.44	83.9	4.72%	0	0.3	65	1.2
12	Dec_17_2020	11.27	15.28	16.02	15.87	15.87	15.95	16.1(1.19%)	UT	OpenLong	75	0.2	12	40	-0	49	10.29	73%	0.54	93.2	4.71%	0	0.8	60	1.6
13	Dec_16_2020	11.21	15.13	15.94	15.96	15.92	15.72	15.91(0.76%)	UT	OpenLong	75	-0	14	-100	0	56	11.1	74%	0.45	92.1	4.71%	0	0.7	56	1.5
14	Dec_15_2020	11.16	14.99	15.84	15.92	15.98	15.78	15.79(2.73%)	UD	OpenLong	65	-0.1	9	-80	-5	50	6.71	74%	0.54	93.2	4.75%	0	0.7	54	0.8
15	Dec_14_2020	11.1	14.84	15.68	15.96	15.98	16.12	15.37(-4.89%)	UD	OpenLong	65	-0.5	10	40	-4	50	8.24	74%	0.45	93.4	4.74%	0	0.4	58	-0.6

16	Dec_11_2020	11.05	14.67	15.57	16.07	16.06	16.18	16.16(-2.47%)	UT	HoldLong	50	0.1	16	50	-1	66	6.84	76%	0.45	94.8	4.68%	0	1.1	70	0.3
17	Dec_10_2020	11	14.43	15.43	16.18	16.04	16	16.57(5.47%)	UT	OpenLong	75	0.3	27	-40	7	88	9.44	73%	0.46	94.6	4.66%	0	1.4	69	0.9
18	Dec_9_2020	10.95	14.19	15.27	15.93	16.07	15.94	15.71(-1.63%)	UD	OpenLong	75	-0.1	28	-30	5	95	11.77	72%	0.46	95.7	4.75%	0	1	70	1
19	Dec_8_2020	10.9	13.99	15.22	15.75	15.87	16.08	15.97(0.13%)	UT	OpenLong	75	0.1	37	120	12	110	10.7	68%	0.55	98.6	4.74%	0	1.3	68	1.6
20	Dec_7_2020	10.84	13.76	15.07	15.36	15.49	16.21	15.95(-4.61%)	UD	OpenLong	75	0.4	41	350	19	108	10.1	68%	0.46	96.7	4.89%	0	1.4	71	1.1

21	Dec_4_2020	10.79	13.46	14.8	14.96	15	15.67	16.72(9.21%)	UT	HoldLong	65	1	44	320	23	106	13.82	68%	0.56	85.6	4.88%	0	1.9	78	1.2
22	Dec_3_2020	10.73	13.12	14.47	14.58	14.52	14.78	15.31(3.45%)	UT	HoldLong	65	0.4	31	110	6	105	10.31	67%	0.47	86.3	4.76%	0	1.3	77	0.9
23	Dec_2_2020	10.68	12.85	14.22	14.54	14.47	14.33	14.8(5.71%)	UT	HoldLong	50	0.2	27	-80	-3	115	11.25	67%	0.38	89.8	4.76%	0	1.1	71	1
24	Dec_1_2020	10.64	12.6	14.06	14.64	14.63	14.26	14(0.07%)	UD	OpenLong	65	-0.4	28	-180	-8	137	6.99	66%	0.47	93.1	4.73%	0	0.8	67	1
25	Nov_30_2020	10.59	12.38	13.93	14.73	14.86	14.6	13.99(-5.35%)	UD	OpenLong	75	-0.4	42	-100	1	165	11.36	66%		94.2	4.7%	0	0.9	70	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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