| DVN latest price $21.7300 (4.12%) ($20.4002 - $21.9757) on Wed. Feb. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 78 |
Latest Price | $21.7300(4.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 2.9% a day on average for past five trading days. |
Weekly Trend | DVN advances 9.8% a week on average for past two weeks. |
Market Behavior | Value stock rally 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(80%) XOP(73%) XLE(72%) IWD(52%) IWN(52%) |
Factors Impacting DVN price | DVN will decline at least -2% 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% (StdDev 4%) |
Hourly BBV | 0 () |
Intraday Trend | 5.2% |
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