Trading Signals: DVN Stock Price Prediction and Forecast

^ DVN: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Aug. 4, 2023

Trading Signals: DVN Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Fri. Dec. 22, 2023)

(Devon Energy Corporation)
DVN latest price $50.8000 (-0.06%) ($50.6900 - $51.9770) on Fri. Aug. 4, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.11% (three month average)
RSI   62
Latest Price   $50.8000(-0.06%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   DVN declines -0.8% a day on average for past five trading days.
Weekly Trend   DVN advances 0.8% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support DVN advance at 0% a week (0% probability)
XOP(85%)    XLE(82%)    OIH(74%)    USO(67%)    XAR(56%)
Factors Impacting DVN price   DVN will decline at least -1.055% in a week (0% probabilities).
VXX(-23%)    VIXM(-16%)    EDOC(-16%)    UUP(-11%)    TBT(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.055% (StdDev 2.11%)
Hourly BBV 0.1 ()
Intraday Trend -0.6%

Resistance Level   $51.47
5 Day Moving Average   $51.81(-1.95%)
10 Day Moving Average   $52.34(-2.94%)
20 Day Moving Average   $51.47(-1.3%)
To recent high   -5.9%
To recent low   10.2%
Market Cap   $19.152b

$. DVN price fluctuates within 3.15% (three month std-dev: 2.11%) daily (68% of days).

Sample size 2 Average positive next day return: 5.39%(50%) Average negative next day return: -5.11%(50%) Sample size 2 Average positive next three day return: 3.87%(50%) Average negative next three day return: -2.98%(50%) Sample size 2 Average positive next weekly return: 0.67%(50%) Average negative next weekly return: -2.13%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230904

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_4_2023	50.21	51.47	52.34	51.81	51.54	50.89	50.8(-0.06%)	N/A	N/A	0	-0.6	-6	-100	-13	17	11.88	43%	0.08	49.8	2.11%	0.1	-0.4	62	-1.6
2	Aug_3_2023	50.17	51.39	52.5	52.25	52.2	50.71	50.83(2.19%)	N/A	N/A	0	-0.8	-27	-200	-47	34	12.8	40%	0.12	53.4	2.12%	-0.3	-0.3	62	-0.7
3	Aug_2_2023	50.11	51.25	52.59	52.53	52.71	52.19	49.74(-7.34%)	N/A	N/A	0	-1.5	-30	-60	-54	42	21.3	35%	0.02	55.6	2.14%	-1.5	-0.8	47	-0.7
4	Aug_1_2023	50.1	51.21	52.73	53.21	53.23	53.69	53.68(-0.59%)	UD	OpenLong	75	0.2	34	60	14	95	7.34	40%	0.08	68.5	2.02%	0.6	1.3	62	1.2
5	Jul_31_2023	50.06	50.96	52.43	53.15	53.1	53.24	54(1.89%)	UT	OpenLong	75	0.5	37	20	17	96	6.93	40%	0.04	72.6	2.04%	1.5	1.6	66	1.5

6	Jul_28_2023	50.04	50.68	51.93	52.97	52.96	52.78	53(1.49%)	UD	OpenLong	65	0	20	-20	-2	84	5.55	40%	0	76.5	2.02%	-0.3	1.3	69	1.3
7	Jul_27_2023	50.04	50.44	51.54	52.82	53.02	52.96	52.22(-1.75%)	UD	OpenLong	75	-0.3	22	0	2	83	7.47	40%	-0.04	78.2	2.03%	-2.9	1	68	0.5
8	Jul_26_2023	50.06	50.22	51.42	52.66	52.77	53.15	53.15(-0.47%)	UD	OpenLong	75	0.3	40	60	18	106	5.07	40%	-0.04	71.9	2.02%	-0.2	1.6	77	1.9
9	Jul_25_2023	50.08	49.93	51.19	52.15	52.34	53.08	53.4(0.58%)	UT	OpenLong	75	0.7	57	110	38	113	5.54	40%	-0.08	63.3	2.03%	1.1	2	71	1.2
10	Jul_24_2023	50.12	49.63	50.89	51.58	51.69	52.38	53.09(1.59%)	UT	OpenLong	75	0.9	62	100	46	108	9.02	40%	-0.06	53.7	2.05%	1.2	2.1	68	1.6

11	Jul_21_2023	50.15	49.33	50.49	50.74	50.93	51.61	52.26(1.67%)	UT	OpenLong	75	1	51	100	40	84	9.92	40%	-0.08	35.4	2.05%	1.7	2	68	1.1
12	Jul_20_2023	50.19	49.09	50.14	50.07	50.15	50.99	51.4(1.54%)	UT	OpenLong	75	1	34	120	25	60	8.13	40%	-0.06	16.4	2.04%	1.9	1.7	65	1.4
13	Jul_19_2023	50.22	48.95	49.77	50.01	49.75	50.25	50.62(0.22%)	UT	OpenLong	75	0.5	28	50	19	56	8.25	40%	-0.08	14.7	2.04%	0.7	1.4	66	1.5
14	Jul_18_2023	50.26	48.83	49.56	50.11	49.88	49.31	50.51(3.25%)	UT	HoldLong	50	0.3	12	-90	-4	58	9.08	40%	-0.08	12.1	2.04%	1.4	1.4	67	1.9
15	Jul_17_2023	50.3	48.78	49.38	50.12	50.21	49.26	48.92(0.04%)	N/A	N/A	0	-1.1	-13	-130	-36	55	6.49	36%	-0.12	11.6	2%	-0.7	0.1	58	1.4

16	Jul_14_2023	50.36	48.81	49.34	50.17	50.55	50.45	48.9(-4.32%)	UD	OpenLong	65	-1.1	8	10	-14	74	9.69	36%	-0.14	10.9	2%	-1.9	0.1	61	1.2
17	Jul_13_2023	50.43	48.87	49.3	50.16	50.34	51.15	51.11(0.04%)	UT	OpenLong	75	0.8	55	120	39	104	7.16	39%	-0.04	16.2	1.93%	0.7	1.9	70	1
18	Jul_12_2023	50.45	48.77	48.95	49.45	49.58	50.66	51.09(1.05%)	UT	OpenLong	75	1.5	60	160	54	78	7.64	39%	-0.06	3.7	1.94%	1	2.2	59	1.1
19	Jul_11_2023	50.48	48.69	48.57	48.93	48.72	49.53	50.56(2.79%)	UT	OpenLong	75	1.6	42	100	39	49	8.66	39%	0	-4.4	1.93%	1.5	1.9	60	-0.3
20	Jul_10_2023	50.48	48.65	48.27	48.58	48.39	48.51	49.19(0.7%)	UT	OpenLong	75	0.7	20	10	21	18	5.79	35%	-0.08	0.5	1.91%	0.9	0.6	45	-0.5

21	Jul_7_2023	50.52	48.65	48.06	48.41	48.33	47.9	48.85(2.73%)	DP	OpenShort	-75	0.5	-11	-70	-10	-14	9.7	35%	-0.16	14.1	1.91%	1.6	0.2	45	-0.3
22	Jul_6_2023	50.6	48.68	47.94	48.32	48.47	48.27	47.55(-1.96%)	DT	OpenShort	-75	-0.8	-20	-20	-15	-36	9.5	31%	-0.2	20.2	1.89%	-0.8	-1.1	34	-0.6
23	Jul_5_2023	50.7	48.73	48.07	48.35	48.58	48.75	48.5(-0.68%)	N/A	N/A	0	0.1	2	40	12	-28	7.53	32%	-0.57	22.4	1.88%	-1.2	-0.2	45	0.9
24	Jul_3_2023	50.99	48.74	48.04	48.12	48.24	48.68	48.83(1.01%)	N/A	N/A	0	0.7	1	70	16	-45	4.39	41%	-0.31	19.4	1.88%	0	0.1	43	1.2
25	Jun_30_2023	51.15	48.64	48.11	47.9	47.98	48.42	48.34(-0.12%)	N/A	N/A	0	0.4	7	70	25	-48	8.87	41%		0	1.99%	0.7	-0.3	40	1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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