| DVN latest price $55.0300 (-2.58%) ($54.7600 - $56.3400) on Tue. Mar. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 25 |
Latest Price | $55.0300(-2.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.4% a day on average for past five trading days. |
Weekly Trend | DVN declines -0.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) XOP(88%) XLE(87%) OIH(79%) USO(70%) VYM(64%) |
Factors Impacting DVN price | DVN will decline at least -1.32% in a week (0% probabilities). VIXM(-32%) SHY(-30%) BNDX(-19%) VXX(-15%) BND(-13%) |
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 | -1.32% (StdDev 2.64%) |
Hourly BBV | -2 () |
Intraday Trend | -1.9% |
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