| DVN latest price $34.8900 (3.32%) ($34.0000 - $34.9400) on Wed. Sep. 20, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 77 |
Latest Price | $34.8900(3.32%) |
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 3.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally 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%) IWD(60%) |
Factors Impacting DVN price | DVN will decline at least -0.96% 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 | -0.96% (StdDev 1.92%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
| |
|
|