| DVN latest price $74.2900 (3.64%) ($71.9300 - $74.3800) on Fri. Oct. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.44% (three month average) |
RSI | 69 |
Latest Price | $74.2900(3.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.8% a day on average for past five trading days. |
Weekly Trend | DVN advances 1.2% 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(76%) IWD(56%) IWM(52%) IWN(51%) IWO(51%) |
Factors Impacting DVN price | DVN will decline at least -1.72% in a week (0% probabilities). SHY(-17%) VIXM(-13%) UUP(-13%) BNDX(-12%) UNG(-5%) |
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 | -1.72% (StdDev 3.44%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.5% |
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