| DVN latest price $9.8100 (1.76%) ($9.3000 - $10.0200) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 53 |
Latest Price | $9.8100(1.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 3.8% a day on average for past five trading days. |
Weekly Trend | DVN advances 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(82%) XOP(77%) XLE(76%) IWN(56%) IWD(54%) |
Factors Impacting DVN price | DVN will decline at least -2.005% in a week (0% probabilities). VIXM(-28%) UUP(-18%) VXX(-11%) TLT(-10%) SHY(-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 | -2.005% (StdDev 4.01%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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