| DVN latest price $10.8800 (-1.72%) ($10.7550 - $11.2150) on Thu. Jul. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.34% (three month average) |
RSI | 46 |
Latest Price | $10.8800(-1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.4% a day on average for past five trading days. |
Weekly Trend | DVN advances 1.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(82%) XOP(78%) XLE(77%) IWN(58%) IWD(55%) |
Factors Impacting DVN price | DVN will decline at least -2.67% in a week (0% probabilities). VIXM(-28%) UUP(-18%) VXX(-11%) TLT(-11%) BNDX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.67% (StdDev 5.34%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|