| DVN latest price $77.9300 (-0.14%) ($77.1200 - $78.7000) on Wed. Jun. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.57% (three month average) |
RSI | 82 |
Latest Price | $77.9300(-0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.4% 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 sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(81%) XLE(58%) XOP(56%) IWD(53%) IFRA(50%) |
Factors Impacting DVN price | DVN will decline at least -1.785% in a week (0% probabilities). UUP(-21%) VIXM(-19%) SHY(-9%) BNDX(-6%) VXX(-4%) |
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 | -1.785% (StdDev 3.57%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.9% |
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