| DVN latest price $27.9200 (0%) ($27.6500 - $28.2200) on Tue. Jun. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.45% (three month average) |
RSI | 74 |
Latest Price | $27.9200(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.7% a day on average for past five trading days. |
Weekly Trend | DVN advances 4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off 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 -1.225% in a week (0% probabilities). VIXM(-46%) VXX(-20%) TLT(-19%) BNDX(-6%) UUP(-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 | -1.225% (StdDev 2.45%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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