| DVN latest price $35.7500 (1.76%) ($34.5400 - $36.0400) on Wed. Sep. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 76 |
Latest Price | $35.7500(1.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 4.5% a day on average for past five trading days. |
Weekly Trend | DVN advances 9.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(80%) XLE(68%) XOP(67%) IWD(52%) IFRA(51%) |
Factors Impacting DVN price | DVN will decline at least -1.63% in a week (0% probabilities). VIXM(-26%) UUP(-18%) IGOV(-11%) VXX(-8%) SHY(-7%) |
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 | -1.63% (StdDev 3.26%) |
Hourly BBV | 1.9 () |
Intraday Trend | 1.9% |
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