| DVN latest price $41.2200 (4.04%) ($39.5800 - $41.2660) on Wed. Mar. 29, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 51 |
Latest Price | $41.2200(4.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1% a day on average for past five trading days. |
Weekly Trend | DVN declines -1.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally 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%) PAVE(60%) |
Factors Impacting DVN price | DVN will decline at least -0.985% in a week (0% probabilities). TLT(-19%) VIXM(-13%) UUP(-13%) BNDX(-7%) IPO(-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 | -0.985% (StdDev 1.97%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
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