| DVN latest price $31.8800 (1.76%) ($30.9600 - $31.9250) on Thu. Mar. 28, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 82 |
Latest Price | $31.8800(1.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.1% a day on average for past five trading days. |
Weekly Trend | DVN advances 4.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(85%) XOP(83%) XLE(81%) IWN(64%) PAVE(61%) |
Factors Impacting DVN price | DVN will decline at least -1.185% in a week (0% probabilities). TLT(-20%) VXX(-17%) UUP(-15%) VIXM(-8%) BNDX(-6%) |
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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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