| DVN latest price $39.8600 (3.8%) ($38.8200 - $39.9700) on Fri. Oct. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.27% (three month average) |
RSI | 80 |
Latest Price | $39.8600(3.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.6% a day on average for past five trading days. |
Weekly Trend | DVN advances 13.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(79%) XLE(67%) XOP(67%) IWD(52%) IFRA(51%) |
Factors Impacting DVN price | DVN will decline at least -1.635% in a week (0% probabilities). VIXM(-24%) UUP(-18%) IGOV(-10%) VXX(-8%) 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 | -1.635% (StdDev 3.27%) |
Hourly BBV | 2 () |
Intraday Trend | 2.2% |
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