Trading Signals: DVN Stock Price Prediction and Forecast

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Tue. Aug. 23, 2022

Trading Signals: DVN Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Fri. Dec. 22, 2023)

(Devon Energy Corporation)
DVN latest price $70.8800 (3.6%) ($69.8700 - $72.4600) on Tue. Aug. 23, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.62% (three month average)
RSI   80
Latest Price   $70.8800(3.6%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   DVN advances 2.2% a day on average for past five trading days.
Weekly Trend   DVN advances 9.1% a week on average for past two weeks.
Market Behavior   Normal 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%)    IWO(52%)    IWN(51%)
Factors Impacting DVN price   DVN will decline at least -1.81% 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.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.81% (StdDev 3.62%)
Hourly BBV 1 ()
Intraday Trend 1.3%

5 Day Moving Average   $67.97(4.28%)
10 Day Moving Average   $65.88(7.59%)
20 Day Moving Average   $62.53(13.35%)
To recent high   -9.2%
To recent low   39%
Market Cap   $26.722b

$. DVN price fluctuates within 7.07% (three month std-dev: 3.62%) daily (68% of days).

Sample size 50 Average positive next day return: 1.66%(54%) Average negative next day return: -2.08%(46%) Sample size 50 Average positive next three day return: 3.6%(38%) Average negative next three day return: -4.05%(62%) Sample size 50 Average positive next weekly return: 4.4%(44%) Average negative next weekly return: -5.71%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220923

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_23_2022	62.87	62.53	65.88	67.97	68.29	69.15	70.88(3.6%)	UT	HoldLong	65	0.7	74	100	43	168	15.85	47%	0.16	68.6	3.62%	1	1.9	80	2.1
2	Aug_22_2022	62.77	61.8	64.7	66.51	66.6	67.94	68.42(-0.13%)	UD	OpenLong	75	0.5	52	140	23	139	12.61	47%	0.14	64.6	3.6%	0.6	1.6	64	1
3	Aug_19_2022	62.68	61.26	63.63	65.54	65.73	67.43	68.51(0.87%)	UT	OpenLong	75	0.8	66	190	46	126	13.94	47%	0.14	63.8	3.6%	1	1.8	61	-0
4	Aug_18_2022	62.59	60.58	62.45	64.95	64.4	65.26	67.92(5.89%)	UT	OpenLong	75	0.8	44	70	27	96	12.46	47%	0.13	67.9	3.6%	1.7	2	57	-0.7
5	Aug_17_2022	62.51	59.98	61.11	64.26	63.98	64.02	64.14(0.88%)	UT	OpenLong	75	-0	29	-10	16	69	8.11	44%	0.06	77.8	3.55%	0.5	1.3	57	-0.7

6	Aug_16_2022	62.47	59.64	60.37	63.44	63.78	63.55	63.58(0.02%)	UT	OpenLong	75	0	21	-10	12	48	9.33	44%	0.05	81.3	3.56%	-0.6	1.3	58	-1.2
7	Aug_15_2022	62.44	59.31	60.03	62.53	62.65	63.95	63.57(-3.02%)	UD	OpenLong	75	0.3	25	150	18	47	11.11	44%	0.02	81.7	3.58%	-0.4	1.4	63	-1.5
8	Aug_12_2022	62.43	58.86	59.77	61.32	61.68	64.01	65.55(1.69%)	UT	OpenLong	75	1.3	66	280	69	57	8.7	47%	0.06	70.9	3.65%	1.1	2.1	63	-2.2
9	Aug_11_2022	62.39	58.21	59.4	59.54	59.74	61.35	64.46(7.34%)	UT	OpenLong	75	1.6	59	200	63	47	14.06	47%	0.05	53.8	3.64%	1.6	2	67	-1.8
10	Aug_10_2022	62.36	57.56	58.92	57.55	57.71	59.34	60.05(1.71%)	UT	OpenLong	75	0.8	28	210	32	14	8.65	44%	0	34.7	3.53%	1	0.8	59	-1.6

11	Aug_9_2022	62.36	57.2	58.85	56.88	56.71	58.12	59.04(2.64%)	UT	OpenLong	75	0.7	21	170	26	6	10.4	40%	-0.05	29.8	3.54%	1	0.6	53	-1.2
12	Aug_8_2022	62.39	56.86	58.64	57.2	56.63	56.07	57.52(1.54%)	DP	OpenShort	-75	0.1	-4	-100	-5	-2	8.47	40%	-0.02	32.7	3.78%	1.3	0.2	52	-1.8
13	Aug_5_2022	62.4	56.66	58.71	58.01	57.57	55.29	56.65(3.96%)	N/A	N/A	0	-0.4	-37	-300	-49	1	11.49	42%	-0.02	37.7	3.81%	0.2	-0	57	-1.3
14	Aug_4_2022	62.41	56.56	58.62	59.25	59.2	57.19	54.49(-3.9%)	CR	SmallShort	-20	-1.5	-38	-240	-59	24	15.32	42%	0.05	47.6	3.77%	-1.4	-0.6	58	-1
15	Aug_3_2022	62.38	56.55	58.87	60.42	60.87	59.86	56.7(-6.48%)	N/A	N/A	0	-1.1	-2	-90	-25	69	19.94	48%	0.05	53.1	3.81%	-1.4	0	65	-2.8

16	Aug_2_2022	62.35	56.29	59	61	61.2	61.21	60.63(-1.53%)	UD	OpenLong	75	-0.1	27	10	2	102	15.05	51%	0.13	45.4	3.93%	-0.5	1.2	69	-1.4
17	Aug_1_2022	62.27	55.85	58.66	60.23	60.62	61.89	61.57(-2.04%)	UD	OpenLong	75	0.4	46	170	23	114	16.23	51%	0.06	32.2	3.93%	0.7	1.7	73	-2.7
18	Jul_29_2022	62.23	55.49	57.96	59.51	59.63	61.19	62.85(4.11%)	UT	OpenLong	75	1.1	65	190	47	119	11.15	51%	0.03	30.8	3.95%	1.5	2.3	70	-2.8
19	Jul_28_2022	62.21	55.06	56.94	57.97	58.3	59.34	60.37(1.33%)	UT	OpenLong	75	0.9	46	140	32	87	7.61	49%	0.02	21.1	3.94%	1.2	2	63	-1.3
20	Jul_27_2022	62.2	54.8	56.06	57.14	57.24	58.07	59.58(4.97%)	UT	OpenLong	75	1	31	110	19	65	9.13	49%	0	10.5	3.95%	2.1	2	63	-0.7

21	Jul_26_2022	62.2	54.74	55.35	56.76	56.51	57.27	56.76(-2.09%)	UD	OpenLong	75	0	25	80	12	62	9.75	47%	-0.05	4	3.92%	-0.3	0.9	65	0.3
22	Jul_25_2022	62.23	54.76	54.88	56.85	56.31	56.41	57.97(5.04%)	UT	OpenLong	75	0.5	30	-20	17	68	8.46	45%	-0.02	4.4	3.91%	1.7	1.3	65	1.4
23	Jul_22_2022	62.24	54.54	54.39	56.18	56.03	55.75	55.19(-1.8%)	UD	OpenLong	75	-0.4	13	-40	1	47	6.31	41%	-0.06	-22.1	3.88%	-1.1	0.3	50	0.8
24	Jul_21_2022	62.28	54.51	54.3	55.68	55.7	56.22	56.2(-2.57%)	UD	OpenLong	75	0.2	21	70	14	43	8.14	39%	-0.05	-54.6	3.93%	-0.6	0.7	52	1.1
25	Jul_20_2022	62.31	54.55	54.03	54.73	54.92	56.3	57.68(0.82%)	UT	OpenLong	75	1.3	34	190	35	31	8.02	39%		-87.6	3.97%	1.7	1.3	53	0.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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