| DVN latest price $44.3300 (-0.96%) ($43.8600 - $44.7300) on Fri. Aug. 19, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 91 |
Latest Price | $44.3300(-0.96%) |
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 7.3% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.505% 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 | -1.505% (StdDev 3.01%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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