| DVN latest price $26.5400 (1.18%) ($26.2800 - $26.6850) on Tue. Dec. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 84 |
Latest Price | $26.5400(1.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.9% a day on average for past five trading days. |
Weekly Trend | DVN advances 6.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(85%) XOP(82%) XLE(81%) IWN(64%) IWD(61%) |
Factors Impacting DVN price | DVN will decline at least -1.25% in a week (0% probabilities). VIXM(-46%) VXX(-20%) TLT(-18%) UUP(-5%) BNDX(-5%) |
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 | -1.25% (StdDev 2.5%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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