| DVN latest price $41.2800 (-0.1%) ($40.8650 - $41.6400) on Tue. May. 15, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 85 |
Latest Price | $41.2800(-0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.1% a day on average for past five trading days. |
Weekly Trend | DVN advances 6.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(85%) XOP(83%) XLE(81%) IWN(64%) PAVE(61%) |
Factors Impacting DVN price | DVN will decline at least -1.425% in a week (0% probabilities). TLT(-20%) UUP(-14%) VIXM(-11%) BNDX(-6%) SHY(-2%) |
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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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