| DVN latest price $57.2100 (4.74%) ($54.0900 - $57.4000) on Tue. Jul. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.98% (three month average) |
RSI | 43 |
Latest Price | $57.2100(4.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 2% a day on average for past five trading days. |
Weekly Trend | DVN declines -1.4% 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(80%) IWD(55%) IWM(51%) IWN(51%) IWO(51%) |
Factors Impacting DVN price | DVN will decline at least -1.99% in a week (0% probabilities). UUP(-20%) VIXM(-17%) SHY(-10%) BNDX(-5%) 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 | -1.99% (StdDev 3.98%) |
Hourly BBV | 1.5 () |
Intraday Trend | 5.4% |
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