| DVN latest price $21.5900 (1.6%) ($19.6100 - $21.7500) on Tue. Feb. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.79% (three month average) |
RSI | 79 |
Latest Price | $21.5900(1.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.7% a day on average for past five trading days. |
Weekly Trend | DVN advances 8.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock 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 -1.895% in a week (0% probabilities). VIXM(-27%) 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 | -1.895% (StdDev 3.79%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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