| DVN latest price $34.6300 (2.49%) ($33.4100 - $35.0500) on Tue. May. 17, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.48% (three month average) |
RSI | 39 |
Latest Price | $34.6300(2.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.9% a day on average for past five trading days. |
Weekly Trend | DVN declines -2.1% 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) OIH(84%) XOP(84%) XLE(81%) IWN(61%) IWD(59%) |
Factors Impacting DVN price | DVN will decline at least -1.74% in a week (0% probabilities). TLT(-19%) VIXM(-15%) UUP(-13%) BNDX(-7%) SHY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.74% (StdDev 3.48%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
| |
|
|