| DVN latest price $12.7600 (-2.67%) ($12.7500 - $13.6350) on Wed. Nov. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.41% (three month average) |
RSI | 85 |
Latest Price | $12.7600(-2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.8% a day on average for past five trading days. |
Weekly Trend | DVN advances 14.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(81%) XLE(76%) XOP(76%) IWN(56%) IFRA(53%) |
Factors Impacting DVN price | DVN will decline at least -2.205% in a week (0% probabilities). VIXM(-27%) UUP(-18%) VXX(-10%) TLT(-10%) BNDX(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.205% (StdDev 4.41%) |
Hourly BBV | 0 () |
Intraday Trend | -3.5% |
| |
|
|