| DVN latest price $42.4700 (1.22%) ($41.5800 - $42.7658) on Tue. Aug. 16, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 75 |
Latest Price | $42.4700(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.3% a day on average for past five trading days. |
Weekly Trend | DVN advances 6.4% 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 -1.5% in a week (0% probabilities). TLT(-19%) VIXM(-14%) UUP(-12%) BNDX(-7%) IBUY(-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 | -1.5% (StdDev 3%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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