| DVN latest price $68.4200 (-0.13%) ($65.5100 - $68.6900) on Mon. Aug. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 64 |
Latest Price | $68.4200(-0.13%) |
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 7.8% 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(79%) IWD(55%) IWM(52%) IWO(52%) IWN(51%) |
Factors Impacting DVN price | DVN will decline at least -1.8% in a week (0% probabilities). UUP(-19%) VIXM(-16%) EDOC(-9%) TBT(-8%) SHY(-8%) |
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 | -1.8% (StdDev 3.6%) |
Hourly BBV | 0.6 () |
Intraday Trend | 1.5% |
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