| DVN latest price $46.1400 (0.63%) ($45.9350 - $46.4550) on Fri. Dec. 22, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 58 |
Latest Price | $46.1400(0.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.6% a day on average for past five trading days. |
Weekly Trend | DVN advances 2.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) IWM(99%) IWD(97%) REMX(97%) XLF(97%) XME(96%) |
Factors Impacting DVN price | DVN will decline at least -0.93% in a week (0% probabilities). UUP(-54%) VIXM(-23%) TBT(-23%) SHY(27%) URA(41%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.93% (StdDev 1.86%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|