| DVN latest price $18.2000 (7.31%) ($17.1400 - $18.2500) on Wed. Feb. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.47% (three month average) |
RSI | 45 |
Latest Price | $18.2000(7.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.2% a day on average for past five trading days. |
Weekly Trend | DVN declines -6.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(80%) XLE(73%) XOP(73%) IWN(52%) IWD(51%) |
Factors Impacting DVN price | DVN will decline at least -2.235% in a week (0% probabilities). VIXM(-26%) UUP(-18%) VXX(-10%) TLT(-7%) SHY(-6%) |
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 | -2.235% (StdDev 4.47%) |
Hourly BBV | 0 () |
Intraday Trend | 5.9% |
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