| DVN latest price $63.5800 (0.02%) ($62.5200 - $65.4600) on Tue. Aug. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 58 |
Latest Price | $63.5800(0.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.5% a day on average for past five trading days. |
Weekly Trend | DVN advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(79%) IWD(55%) IWM(52%) IWN(51%) IWO(51%) |
Factors Impacting DVN price | DVN will decline at least -1.78% in a week (0% probabilities). UUP(-19%) VIXM(-16%) SHY(-8%) EDOC(-8%) TBT(-6%) |
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 | -1.78% (StdDev 3.56%) |
Hourly BBV | -0.6 () |
Intraday Trend | -1.4% |
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