| DVN latest price $47.8500 (-0.99%) ($47.5500 - $49.5900) on Thu. Dec. 1, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.2% (three month average) |
RSI | 62 |
Latest Price | $47.8500(-0.99%) |
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 2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock 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(62%) IWD(59%) |
Factors Impacting DVN price | DVN will decline at least -1.6% in a week (0% probabilities). TLT(-19%) VIXM(-13%) 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 | -3.4% |
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