| DVN latest price $63.5600 (0.03%) ($62.4000 - $64.1100) on Mon. Feb. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 48 |
Latest Price | $63.5600(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.1% a day on average for past five trading days. |
Weekly Trend | DVN declines -1.5% 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) XLE(86%) XOP(86%) OIH(76%) USO(67%) VYM(60%) |
Factors Impacting DVN price | DVN will decline at least -1.155% in a week (0% probabilities). VIXM(-28%) SHY(-27%) BNDX(-16%) VXX(-13%) UUP(-12%) |
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 | -1.155% (StdDev 2.31%) |
Hourly BBV | 1 () |
Intraday Trend | 1% |
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