| DVN latest price $19.7100 (7.53%) ($18.3600 - $19.8800) on Tue. Jan. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.53% (three month average) |
RSI | 77 |
Latest Price | $19.7100(7.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 2.6% a day on average for past five trading days. |
Weekly Trend | DVN advances 10.8% 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%) IWD(51%) |
Factors Impacting DVN price | DVN will decline at least -2.265% 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 | -2.265% (StdDev 4.53%) |
Hourly BBV | 0 () |
Intraday Trend | 5.3% |
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