| DVN latest price $18.5700 (1.36%) ($17.9700 - $19.2700) on Thu. Jan. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 67 |
Latest Price | $18.5700(1.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 2.9% a day on average for past five trading days. |
Weekly Trend | DVN advances 5.9% 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 -2.245% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.245% (StdDev 4.49%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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