| DVN latest price $73.6200 (2.97%) ($71.4200 - $73.9800) on Tue. Nov. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.57% (three month average) |
RSI | 45 |
Latest Price | $73.6200(2.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.5% a day on average for past five trading days. |
Weekly Trend | DVN declines -4% 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(77%) IWD(56%) DIA(50%) IWM(50%) IWN(50%) |
Factors Impacting DVN price | DVN will decline at least -1.785% in a week (0% probabilities). SHY(-19%) BNDX(-15%) UUP(-11%) VIXM(-10%) TBT(-7%) |
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 | -1.785% (StdDev 3.57%) |
Hourly BBV | 2 () |
Intraday Trend | 1.9% |
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