| DVN latest price $30.3300 (7.29%) ($28.8800 - $30.4300) on Wed. Sep. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 55 |
Latest Price | $30.3300(7.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.5% a day on average for past five trading days. |
Weekly Trend | DVN declines -1.3% 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(69%) XOP(68%) IWD(52%) IFRA(51%) |
Factors Impacting DVN price | DVN will decline at least -1.54% 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 | -1.54% (StdDev 3.08%) |
Hourly BBV | 1.9 () |
Intraday Trend | 5% |
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