| DVN latest price $42.3600 (0.93%) ($41.8700 - $43.7600) on Thu. Nov. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 61 |
Latest Price | $42.3600(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.9% a day on average for past five trading days. |
Weekly Trend | DVN advances 1.8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(80%) XLE(67%) XOP(66%) IWD(52%) IFRA(51%) |
Factors Impacting DVN price | DVN will decline at least -1.515% in a week (0% probabilities). VIXM(-25%) UUP(-18%) IGOV(-11%) 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 | -1.515% (StdDev 3.03%) |
Hourly BBV | -0.5 () |
Intraday Trend | -1.4% |
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