| DVN latest price $49.4000 (-0.94%) ($48.9000 - $50.0400) on Mon. Jun. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 50 |
Latest Price | $49.4000(-0.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.4% a day on average for past five trading days. |
Weekly Trend | DVN advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) XOP(86%) XLE(83%) OIH(73%) USO(66%) XME(57%) |
Factors Impacting DVN price | DVN will decline at least -1.18% in a week (0% probabilities). VXX(-22%) VIXM(-16%) UUP(-11%) TBT(-4%) BWX(-4%) |
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 | -1.18% (StdDev 2.36%) |
Hourly BBV | -1.6 () |
Intraday Trend | 0.7% |
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