| DVN latest price $38.3900 (-1.56%) ($38.2800 - $39.9000) on Thu. Jul. 14, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.2% (three month average) |
RSI | 49 |
Latest Price | $38.3900(-1.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.8% a day on average for past five trading days. |
Weekly Trend | DVN advances 3.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -1.6% in a week (0% probabilities). TLT(-19%) VIXM(-14%) UUP(-12%) BNDX(-7%) SHY(-3%) |
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 | -1.6% (StdDev 3.2%) |
Hourly BBV | 0 () |
Intraday Trend | -3.6% |
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