| DVN latest price $61.5100 (0.77%) ($60.5200 - $61.5700) on Fri. Dec. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.27% (three month average) |
RSI | 58 |
Latest Price | $61.5100(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.5% a day on average for past five trading days. |
Weekly Trend | DVN advances 0.6% 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(76%) IWD(54%) DIA(47%) IWN(47%) IWM(46%) |
Factors Impacting DVN price | DVN will decline at least -1.635% in a week (0% probabilities). SHY(-24%) BNDX(-19%) VIXM(-8%) ACES(-8%) ARKK(-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 | -1.635% (StdDev 3.27%) |
Hourly BBV | -0.6 () |
Intraday Trend | 1.3% |
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