Trading Signals: DVN Stock Price Prediction and Forecast

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Wed. Nov. 25, 2020

Trading Signals: DVN Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Fri. Dec. 22, 2023)

(Devon Energy Corporation)
DVN latest price $15.1200 (-1.18%) ($14.8500 - $15.3250) on Wed. Nov. 25, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.62% (three month average)
RSI   80
Latest Price   $15.1200(-1.18%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   DVN advances 3.4% a day on average for past five trading days.
Weekly Trend   DVN advances 14.8% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Value stock sell-off 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 -2.31% 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.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.31% (StdDev 4.62%)
Hourly BBV 0 ()
Intraday Trend 0.3%

5 Day Moving Average   $14.32(5.59%)
10 Day Moving Average   $13.38(13%)
20 Day Moving Average   $11.82(27.92%)
To recent high   -1.2%
To recent low   86.7%
Market Cap   $5.7b

$. DVN price fluctuates within 17.68% (three month std-dev: 4.62%) daily (68% of days).

Sample size 22 Average positive next day return: 2.31%(36%) Average negative next day return: -3.43%(64%) Sample size 22 Average positive next three day return: 6.46%(45%) Average negative next three day return: -6.87%(55%) Sample size 22 Average positive next weekly return: 17.86%(50%) Average negative next weekly return: -8.61%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201225

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Nov_25_2020	10.5	11.82	13.38	14.32	14.38	15.12	15.12(-1.18%)	UD	OpenLong	75	0.4	69	370	24	202	8.84	68%	0.38	76.2	4.62%	0	1.6	80	1.3
2	Nov_24_2020	10.46	11.47	13.03	13.85	13.9	14.56	15.3(5.66%)	UT	HoldLong	65	0.7	71	340	27	201	15.29	68%	0.38	70.6	4.62%	0	1.9	82	1.1
3	Nov_23_2020	10.42	11.13	12.66	13.41	13.38	13.65	14.48(10.03%)	UT	HoldLong	65	0.6	66	130	20	203	13.06	67%	0.48	68.4	4.59%	0	1.8	81	1.1
4	Nov_20_2020	10.37	10.83	12.33	13.02	13.07	13.23	13.16(-2.95%)	UD	OpenLong	75	0.1	62	100	12	211	9.14	64%	0.19	67.8	4.45%	0	1.4	80	1.2
5	Nov_19_2020	10.35	10.64	12.01	12.75	12.85	13.12	13.56(6.27%)	UT	HoldLong	65	0.5	70	170	22	214	13.8	64%	0.19	67.4	4.46%	0	1.8	85	1.3

6	Nov_18_2020	10.33	10.41	11.66	12.28	12.46	12.91	12.76(-2.67%)	UD	OpenLong	75	0.3	63	300	15	208	13.03	63%	0.1	62.5	4.41%	0	1.5	85	1.3
7	Nov_17_2020	10.32	10.2	11.36	12.06	12.03	12.59	13.11(4.63%)	UT	HoldLong	65	0.7	71	320	19	225	10.54	63%	0.19	59.7	4.42%	0	2	89	1.6
8	Nov_16_2020	10.3	9.98	11.01	11.79	11.79	12.01	12.53(6.37%)	UT	HoldLong	65	0.6	70	130	17	229	9.01	61%	0.19	58.5	4.4%	0	2	78	1.6
9	Nov_13_2020	10.28	9.79	10.7	11.55	11.57	11.47	11.78(4.99%)	UT	OpenLong	75	0.2	70	-60	16	231	6.26	57%	0	55.3	4.34%	0	1.7	74	1.5
10	Nov_12_2020	10.28	9.64	10.42	11.15	11.49	11.58	11.22(-3.77%)	UD	OpenLong	75	0.1	57	150	11	195	7.16	56%	0	43.9	4.35%	0	1.5	65	1.1

11	Nov_11_2020	10.28	9.54	10.15	10.91	11.13	11.68	11.66(-0.85%)	UD	OpenLong	75	0.8	61	410	23	174	9.47	56%	-0.1	35.3	4.33%	0	2.2	68	1.8
12	Nov_10_2020	10.29	9.41	9.79	10.54	10.67	11.4	11.76(3.8%)	UT	OpenLong	75	1.4	60	520	32	144	12.16	56%	-0.1	25.2	4.34%	0	2.8	73	1.7
13	Nov_9_2020	10.3	9.29	9.47	10.12	10.2	10.58	11.33(15.97%)	UT	OpenLong	75	1.8	47	280	28	105	17.78	56%	-0.1	12.5	4.34%	0	3	67	1.4
14	Nov_6_2020	10.31	9.2	9.2	9.74	9.82	9.94	9.77(-2.79%)	UD	OpenLong	75	0.1	28	110	12	75	13.37	49%	-0.29	-6.8	3.88%	0	1.1	60	1.7
15	Nov_5_2020	10.34	9.2	9.15	9.57	9.63	9.83	10.05(2.45%)	UT	OpenLong	75	0.8	34	160	22	70	14.74	53%	-0.29	-10.8	3.87%	0	1.5	61	1

16	Nov_4_2020	10.37	9.21	9.07	9.25	9.31	9.69	9.81(1.76%)	UT	OpenLong	75	1	28	310	25	38	16.19	53%	-0.38	-17.6	4.01%	0	1.1	53	0.8
17	Nov_3_2020	10.41	9.21	8.94	8.91	8.91	9.43	9.64(2.23%)	N/A	N/A	0	1.3	14	410	20	-6	9.36	53%	-0.29	-31.4	4.04%	0	0.8	53	-0.6
18	Nov_2_2020	10.44	9.2	8.87	8.72	8.55	8.92	9.43(5.6%)	N/A	N/A	0	1.2	2	240	14	-33	9.49	53%	-0.29	-37.8	4.04%	0	0.4	49	-1.4
19	Oct_30_2020	10.47	9.23	8.81	8.6	8.44	8.4	8.93(5.68%)	DP	OpenShort	-75	0.6	-19	-90	-3	-67	15.7	51%	-0.38	-41.2	3.98%	0	-0.5	40	-1.7
20	Oct_29_2020	10.51	9.27	8.8	8.68	8.51	8.19	8.45(4.32%)	DP	OpenShort	-75	-0.4	-33	-320	-16	-83	12.84	48%	-0.47	-31.9	3.95%	0	-1.4	31	-1.4

21	Oct_28_2020	10.56	9.31	8.9	8.86	8.82	8.48	8.1(-6.79%)	DT	HoldShort	-65	-1.4	-29	-280	-12	-79	11	46%	-0.56	-24.2	3.96%	0	-2.2	24	-2.6
22	Oct_27_2020	10.62	9.38	9.03	8.97	9.01	8.83	8.69(-1.36%)	DT	OpenShort	-75	-0.6	-25	-130	-7	-78	8.52	49%	-0.65	-15.2	3.87%	0	-1.5	36	-0.5
23	Oct_26_2020	10.69	9.43	9.11	9.02	9.01	9.17	8.81(-5.88%)	DT	OpenShort	-75	-0.5	-19	110	-1	-74	9.17	49%	-0.56	-8.8	3.88%	0	-1.4	40	-0.4
24	Oct_23_2020	10.75	9.48	9.21	9.03	9.03	9.19	9.36(0.21%)	DP	OpenShort	-65	0.7	-12	120	9	-76	8.76	52%	-0.37	-2.9	3.82%	0	-0.3	40	1.1
25	Oct_22_2020	10.79	9.46	9.27	8.95	8.92	8.89	9.34(8.23%)	DP	OpenShort	-75	0.8	-21	-30	-1	-81	10.62	52%		-17.1	3.83%	0	-0.3	48	1.2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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