| DVN latest price $20.5400 (-5.48%) ($20.4950 - $21.6800) on Thu. Feb. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 70 |
Latest Price | $20.5400(-5.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.8% a day on average for past five trading days. |
Weekly Trend | DVN advances 9.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) IWN(52%) IWD(51%) |
Factors Impacting DVN price | DVN will decline at least -2.03% 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 | -2.03% (StdDev 4.06%) |
Hourly BBV | 0 () |
Intraday Trend | -4.6% |
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