| DVN latest price $11.1800 (-2.1%) ($11.1100 - $12.2500) on Tue. May. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.53% (three month average) |
RSI | 70 |
Latest Price | $11.1800(-2.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.3% a day on average for past five trading days. |
Weekly Trend | DVN advances 14.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(83%) XOP(80%) XLE(79%) IWN(62%) IWD(59%) |
Factors Impacting DVN price | DVN will decline at least -4.765% in a week (0% probabilities). VIXM(-34%) UUP(-18%) TLT(-15%) VXX(-13%) BNDX(-7%) |
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 | -4.765% (StdDev 9.53%) |
Hourly BBV | 0 () |
Intraday Trend | -8.1% |
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