| DVN latest price $28.4500 (0.78%) ($27.7300 - $29.0750) on Thu. Sep. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.93% (three month average) |
RSI | 70 |
Latest Price | $28.4500(0.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.2% a day on average for past five trading days. |
Weekly Trend | DVN advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(80%) XLE(69%) XOP(68%) IWD(52%) IFRA(51%) |
Factors Impacting DVN price | DVN will decline at least -1.465% in a week (0% probabilities). VIXM(-26%) UUP(-18%) VXX(-8%) SHY(-6%) TLT(-5%) |
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 | -1.465% (StdDev 2.93%) |
Hourly BBV | -0.6 () |
Intraday Trend | 1.8% |
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