| DVN latest price $70.3500 (-2.14%) ($69.9100 - $73.4600) on Mon. Oct. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.39% (three month average) |
RSI | 57 |
Latest Price | $70.3500(-2.14%) |
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 8.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(77%) IWD(57%) IWM(53%) DIA(52%) IWN(52%) |
Factors Impacting DVN price | DVN will decline at least -1.695% in a week (0% probabilities). SHY(-16%) VIXM(-14%) UUP(-14%) BNDX(-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 | -1.695% (StdDev 3.39%) |
Hourly BBV | -1.5 () |
Intraday Trend | -2% |
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