| DVN latest price $14.4800 (10.03%) ($13.4300 - $14.5300) on Mon. Nov. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.59% (three month average) |
RSI | 81 |
Latest Price | $14.4800(10.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 3% 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 | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(81%) XLE(75%) XOP(75%) IWN(54%) XME(53%) |
Factors Impacting DVN price | DVN will decline at least -2.295% in a week (0% probabilities). VIXM(-25%) UUP(-19%) VXX(-10%) TLT(-9%) SHY(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.295% (StdDev 4.59%) |
Hourly BBV | 0 () |
Intraday Trend | 7.3% |
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