| DVN latest price $21.2500 (2.02%) ($20.8800 - $22.5001) on Mon. Feb. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.97% (three month average) |
RSI | 79 |
Latest Price | $21.2500(2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.2% a day on average for past five trading days. |
Weekly Trend | DVN advances 9.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(80%) XOP(73%) XLE(72%) IWN(52%) IWD(51%) |
Factors Impacting DVN price | DVN will decline at least -1.985% in a week (0% probabilities). VIXM(-27%) UUP(-18%) VXX(-10%) TLT(-7%) 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 | -1.985% (StdDev 3.97%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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