| DVN latest price $12.2900 (-1.05%) ($12.0450 - $12.6100) on Thu. May. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.63% (three month average) |
RSI | 62 |
Latest Price | $12.2900(-1.05%) |
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 4% 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(83%) XOP(80%) XLE(79%) IWN(61%) IFRA(58%) |
Factors Impacting DVN price | DVN will decline at least -4.815% in a week (0% probabilities). VIXM(-32%) UUP(-18%) TLT(-15%) VXX(-13%) BNDX(-8%) |
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 | -4.815% (StdDev 9.63%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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