Trading Signals: DVN Stock Price Prediction and Forecast

^ DVN: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Mar. 9, 2022

Trading Signals: DVN Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Fri. Dec. 22, 2023)

(Devon Energy Corporation)
DVN latest price $58.9400 (-0.91%) ($56.0100 - $59.6400) on Wed. Mar. 9, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.86% (three month average)
RSI   67
Latest Price   $58.9400(-0.91%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   DVN advances 0.1% a day on average for past five trading days.
Weekly Trend   DVN advances 4.8% 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(79%)    XLE(64%)    XOP(63%)    IWD(52%)    IFRA(51%)
Factors Impacting DVN price   DVN will decline at least -1.43% in a week (0% probabilities).
VIXM(-24%)    UUP(-19%)    SHY(-7%)    VXX(-6%)    BNDX(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.43% (StdDev 2.86%)
Hourly BBV -0.4 ()
Intraday Trend 2.5%

5 Day Moving Average   $59.35(-0.69%)
10 Day Moving Average   $58.31(1.08%)
20 Day Moving Average   $55.89(5.46%)
To recent high   -1.6%
To recent low   54.1%
Market Cap   $22.22b

$. DVN price fluctuates within 5.49% (three month std-dev: 2.86%) daily (68% of days).

Sample size 17 Average positive next day return: 2.6%(41%) Average negative next day return: -1.73%(59%) Sample size 17 Average positive next three day return: 6.32%(41%) Average negative next three day return: -3.2%(59%) Sample size 17 Average positive next weekly return: 7.42%(53%) Average negative next weekly return: -5.48%(47%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220409

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Mar_9_2022	47.06	55.89	58.31	59.35	59.3	59	58.94(-0.91%)	UD	OpenLong	65	-0.1	8	-40	-20	92	17.64	72%	0.41	59	2.86%	-0.4	1	67	-0.8
2	Mar_8_2022	46.87	55.51	57.81	59.29	59.38	60.17	59.48(-0.68%)	UD	OpenLong	75	0.1	37	100	12	110	24.12	72%	0.43	55.9	2.97%	-0.1	1.3	74	-1.2
3	Mar_7_2022	46.67	55.15	57.16	59.24	59.2	59.6	59.89(0.54%)	UT	OpenLong	75	0.2	44	50	20	117	21.94	74%	0.43	61.2	2.97%	0.2	1.6	71	-1.6
4	Mar_4_2022	46.47	54.78	56.63	59.17	58.97	58.58	59.57(1.22%)	UT	OpenLong	75	0.1	36	-60	10	115	18.14	74%	0.45	67.4	3.04%	1.5	1.7	63	-1.2
5	Mar_3_2022	46.26	54.44	56.17	58.3	58.58	58.81	58.85(0.34%)	UT	OpenLong	75	0.2	39	40	15	111	11.66	74%	0.43	66.3	3.07%	-0.7	1.7	66	-0.8

6	Mar_2_2022	46.06	54.13	55.66	57.08	57.53	59.36	58.65(-1.01%)	UD	OpenLong	75	0.7	60	250	44	106	17.52	74%	0.44	60.7	3.07%	0.6	1.9	66	-1
7	Mar_1_2022	45.86	53.81	54.94	56.06	55.95	58.36	59.25(-0.5%)	UD	OpenLong	75	1.5	80	300	73	100	19.07	74%	0.44	57	3.06%	0.9	2.5	69	-1.8
8	Feb_28_2022	45.66	53.36	54.22	54.74	54.49	55.71	59.55(7.88%)	UT	OpenLong	75	2.6	55	140	52	63	22.52	71%	0.46	52	3.12%	1.7	3.3	65	-1
9	Feb_25_2022	45.45	52.93	53.61	53.79	53.89	53.54	55.2(4.64%)	UT	OpenLong	75	1.1	10	-40	3	30	12.58	64%	0.38	77.1	3.06%	1.6	1.8	56	-0.7
10	Feb_24_2022	45.28	52.75	53.3	53.8	53.98	53.28	52.75(-1.49%)	N/A	N/A	0	-0.9	-14	-80	-24	18	21.04	64%	0.33	96.8	3.04%	-0.8	0	50	-1.1

11	Feb_23_2022	45.13	52.71	53.26	54.02	54.48	54.25	53.55(1.67%)	UD	OpenLong	65	-0.4	6	-0	-1	28	12.34	66%	0.29	114	3.06%	-0.3	0.7	51	-1.5
12	Feb_22_2022	45	52.6	53.26	53.59	54.43	54.68	52.67(-3.85%)	UD	OpenLong	75	-0.8	13	80	10	20	23.27	66%	0.51	106.6	3.12%	-1.2	0.1	52	-0.8
13	Feb_18_2022	44.77	52.4	53.04	53.51	53.47	54.71	54.78(-0.85%)	UD	OpenLong	75	0.6	17	160	14	26	11.68	65%	0.45	58.7	3.17%	-0.4	1.2	66	-1.1
14	Feb_17_2022	44.57	51.99	52.83	53.38	53.07	54.19	55.25(2.6%)	UT	OpenLong	75	0.9	42	130	42	40	17.55	65%	0.45	48.3	3.17%	0.7	1.6	62	-1
15	Feb_16_2022	44.37	51.65	52.57	52.77	52.64	52.23	53.85(4.73%)	UT	OpenLong	75	0.6	13	-60	11	19	20.67	65%	0.43	38.8	3.19%	0.8	1.1	58	0.3

16	Feb_15_2022	44.18	51.41	52.49	52.43	52.39	51.94	51.42(-1.61%)	N/A	N/A	0	-0.5	-13	-60	-19	6	11.24	63%	0.36	33	3.14%	-0.7	0	50	-0.1
17	Feb_14_2022	44.02	51.36	52.61	52.38	52.61	53.06	52.26(-3.42%)	UD	OpenLong	75	-0.1	9	70	6	19	11.92	63%	0.46	36.6	3.13%	-1.2	0.5	56	-1
18	Feb_11_2022	43.82	51.27	52.47	52.45	52.31	52.83	54.11(3.62%)	UT	OpenLong	75	0.9	20	60	16	33	11.93	65%	0.25	41.6	3.09%	1.4	1.5	75	-1
19	Feb_10_2022	43.71	51.03	52.2	52.2	52.16	52.15	52.22(0.19%)	UT	HoldLong	65	0	11	-0	1	41	9.75	61%	0.51	43.7	3.07%	0.1	0.7	77	0.1
20	Feb_9_2022	43.49	50.92	52.16	52.36	52.49	51.79	52.12(1.82%)	UD	OpenLong	65	-0.1	5	-90	-11	52	7.28	61%	0.55	55.5	3.11%	-0.2	0.7	63	0.6

21	Feb_8_2022	43.25	50.8	52.13	52.58	52.69	52.17	51.19(-2.66%)	N/A	N/A	0	-0.8	-1	-60	-22	64	9.7	61%	0.56	65.6	3.11%	-1.4	0.2	60	0.5
22	Feb_7_2022	43.01	50.67	52.15	52.85	52.91	53.18	52.59(-0.53%)	UD	OpenLong	75	-0.1	28	40	8	87	10.14	61%	0.56	75.9	3.09%	0	1	57	0.2
23	Feb_4_2022	42.77	50.49	51.76	52.45	52.59	53.21	52.87(-0.26%)	UD	OpenLong	75	0.2	35	90	20	78	12.7	61%	0.54	84.2	3.1%	0.5	1.3	58	-0.1
24	Feb_3_2022	42.54	50.26	51.13	52.19	51.86	52.63	53.01(-0.43%)	UD	OpenLong	75	0.5	27	80	16	60	9.25	61%	0.54	95.2	3.1%	1.3	1.5	61	-0.5
25	Feb_2_2022	42.31	49.94	50.69	51.93	51.61	51.97	53.24(1.29%)	UT	OpenLong	75	0.7	27	30	18	52	9.35	61%		96.4	3.1%	1.7	1.8	60	-0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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