| DVN latest price $70.9900 (-0.49%) ($68.5600 - $71.0200) on Thu. Nov. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 43 |
Latest Price | $70.9900(-0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.6% a day on average for past five trading days. |
Weekly Trend | DVN declines -1.1% a week on average for past two weeks. |
Market Behavior | Normal 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(77%) IWD(56%) DIA(50%) IWM(50%) IWN(50%) |
Factors Impacting DVN price | DVN will decline at least -1.8% 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 | -1.8% (StdDev 3.6%) |
Hourly BBV | -0.7 () |
Intraday Trend | 1.4% |
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