| DVN latest price $63.7500 (2.39%) ($62.2800 - $64.2900) on Wed. Apr. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 55 |
Latest Price | $63.7500(2.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.8% a day on average for past five trading days. |
Weekly Trend | DVN advances 0.7% 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(81%) XLE(63%) XOP(61%) IWD(55%) IFRA(52%) |
Factors Impacting DVN price | DVN will decline at least -1.595% in a week (0% probabilities). VIXM(-25%) UUP(-21%) SHY(-9%) VXX(-6%) BNDX(-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 | -1.595% (StdDev 3.19%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.4% |
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