| DVN latest price $13.1600 (-2.95%) ($13.0350 - $13.5700) on Fri. Nov. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.45% (three month average) |
RSI | 80 |
Latest Price | $13.1600(-2.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 2.1% a day on average for past five trading days. |
Weekly Trend | DVN advances 15.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(81%) XOP(76%) XLE(75%) IWN(54%) XME(53%) |
Factors Impacting DVN price | DVN will decline at least -2.225% in a week (0% probabilities). VIXM(-26%) UUP(-19%) VXX(-10%) TLT(-9%) SHY(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.225% (StdDev 4.45%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
| |
|
|