| DVN latest price $9.7600 (5.74%) ($9.2200 - $9.9300) on Wed. Sep. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.83% (three month average) |
RSI | 38 |
Latest Price | $9.7600(5.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.4% a day on average for past five trading days. |
Weekly Trend | DVN declines -8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(82%) XLE(77%) XOP(77%) IWN(57%) IWD(55%) |
Factors Impacting DVN price | DVN will decline at least -1.915% in a week (0% probabilities). VIXM(-28%) UUP(-18%) VXX(-11%) TLT(-11%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -1.915% (StdDev 3.83%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
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