| DVN latest price $32.1300 (0.06%) ($31.7400 - $32.7000) on Tue. Sep. 5, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 65 |
Latest Price | $32.1300(0.06%) |
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 1.7% 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(83%) XLE(81%) IWN(62%) PAVE(60%) |
Factors Impacting DVN price | DVN will decline at least -1.04% in a week (0% probabilities). TLT(-19%) UUP(-14%) VIXM(-13%) BNDX(-6%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.04% (StdDev 2.08%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|