| DVN latest price $59.5800 (4.97%) ($57.0000 - $59.9500) on Wed. Jul. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 63 |
Latest Price | $59.5800(4.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.7% a day on average for past five trading days. |
Weekly Trend | DVN advances 3.8% 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(80%) IWD(54%) IWM(51%) XLE(51%) IWN(50%) |
Factors Impacting DVN price | DVN will decline at least -1.975% in a week (0% probabilities). UUP(-19%) VIXM(-17%) SHY(-10%) VXX(-4%) BNDX(-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 | -1.975% (StdDev 3.95%) |
Hourly BBV | 2.1 () |
Intraday Trend | 3.8% |
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