| DVN latest price $23.5000 (7.55%) ($22.0800 - $23.5500) on Thu. Apr. 1, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.63% (three month average) |
RSI | 44 |
Latest Price | $23.5000(7.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1% a day on average for past five trading days. |
Weekly Trend | DVN declines -2.6% 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%) XLE(72%) XOP(72%) IWN(52%) IFRA(51%) |
Factors Impacting DVN price | DVN will decline at least -1.815% in a week (0% probabilities). VIXM(-26%) UUP(-19%) 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 | -1.815% (StdDev 3.63%) |
Hourly BBV | 1.9 () |
Intraday Trend | 6% |
| |
|
|