Trading Signals: DVN Stock Price Prediction and Forecast

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Mon. Mar. 1, 2021

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

(Devon Energy Corporation)
DVN latest price $22.4000 (3.99%) ($21.8500 - $22.6200) on Mon. Mar. 1, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.75% (three month average)
RSI   72
Latest Price   $22.4000(3.99%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   DVN advances 1.1% a day on average for past five trading days.
Weekly Trend   DVN advances 6% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support DVN advance at 0% a week (0% probability)
OIH(80%)    XLE(72%)    XOP(72%)    IWD(52%)    IWN(52%)
Factors Impacting DVN price   DVN will decline at least -1.875% in a week (0% probabilities).
VIXM(-27%)    UUP(-19%)    VXX(-10%)    TLT(-7%)    SHY(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.875% (StdDev 3.75%)
Hourly BBV 0 ()
Intraday Trend 1.6%

5 Day Moving Average   $21.83(2.61%)
10 Day Moving Average   $21.46(4.38%)
20 Day Moving Average   $20.05(11.72%)
To recent high   0%
To recent low   60%
Market Cap   $8.445b

$. DVN price fluctuates within 8.48% (three month std-dev: 3.75%) daily (68% of days).

Sample size 42 Average positive next day return: 1.16%(45%) Average negative next day return: -2.55%(55%) Sample size 42 Average positive next three day return: 4.58%(38%) Average negative next three day return: -3.07%(62%) Sample size 42 Average positive next weekly return: 4.42%(40%) Average negative next weekly return: -3.88%(60%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210401

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	Mar_1_2021	15.31	20.05	21.46	21.83	21.81	21.7	22.4(3.99%)	UT	OpenLong	75	0.3	33	-40	10	101	11.83	80%	0.86	75.6	3.75%	0	1.4	72	1
2	Feb_26_2021	15.18	19.76	21.22	21.6	21.52	21.54	21.54(0.89%)	UD	OpenLong	65	-0	25	-0	-2	104	16.25	75%	0.73	65.6	3.76%	0	1	74	0.5
3	Feb_25_2021	15.07	19.54	21.01	21.46	21.59	21.92	21.35(-4.13%)	UD	OpenLong	75	-0.1	38	130	12	115	17.2	75%	0.8	59.9	3.79%	0	1	71	0.2
4	Feb_24_2021	14.95	19.34	20.86	21.3	21.28	21.51	22.27(3.15%)	UT	HoldLong	65	0.5	37	70	8	122	15.61	79%	0.88	50.2	3.75%	0	1.6	76	1.4
5	Feb_23_2021	14.82	19.06	20.52	21.19	21.06	21.26	21.59(1.6%)	UT	HoldLong	65	0.2	38	50	6	135	17.99	81%	0.82	42	3.79%	0	1.5	79	1.3

6	Feb_22_2021	14.7	18.84	20.24	21.04	21.09	21.06	21.25(2.02%)	UT	HoldLong	65	0.1	44	-0	10	144	19.65	81%	0.82	35.5	3.97%	0	1.5	79	1.1
7	Feb_19_2021	14.58	18.66	19.91	20.79	20.92	20.87	20.83(1.41%)	UT	HoldLong	65	0	42	0	7	147	9.34	82%	0.9	25.5	4%	0	1.4	80	1.5
8	Feb_18_2021	14.45	18.53	19.65	20.48	20.62	21.12	20.54(-5.48%)	UD	OpenLong	75	0	43	190	9	143	10.72	82%	0.77	19	4.06%	0	1.4	70	1.3
9	Feb_17_2021	14.34	18.48	19.42	20.32	20.17	20.96	21.73(4.12%)	UT	HoldLong	65	1	61	250	28	158	13.27	86%	0.91	17.1	4%	0	2.3	78	1.4
10	Feb_16_2021	14.21	18.36	18.94	19.75	19.71	20.12	20.87(4.45%)	UT	HoldLong	65	0.9	51	140	23	134	14.5	86%	1.21	12.6	4.01%	0	2	78	1.2

11	Feb_12_2021	14.04	18.28	18.52	19.33	19.24	19.39	19.98(3.52%)	UT	OpenLong	75	0.6	38	40	14	108	9.13	86%	0.79	9.1	4.04%	0	1.5	68	1.5
12	Feb_11_2021	13.93	18.27	18.17	18.91	18.97	19.3	19.3(-2.18%)	UD	OpenLong	75	0.3	27	130	10	78	7.22	86%	0.8	5.7	4.07%	0	0.9	60	1.3
13	Feb_10_2021	13.82	18.25	17.96	18.68	18.73	19.09	19.73(4.56%)	UT	OpenLong	75	0.9	28	140	16	62	11.6	86%	0.8	3.4	4.06%	0	1.3	57	1
14	Feb_9_2021	13.71	18.24	17.69	18.37	18.43	18.65	18.87(0.64%)	UT	OpenLong	75	0.4	19	90	16	27	8.26	87%	0.73	5.1	4.05%	0	0.5	40	1.1
15	Feb_8_2021	13.61	18.21	17.48	17.99	18.14	18.38	18.75(4.75%)	N/A	N/A	0	0.6	7	120	14	-14	10.31	87%	0.67	4.5	4.47%	0	0.5	39	1.1

16	Feb_5_2021	13.52	18.17	17.33	17.59	17.82	18.22	17.9(-1.38%)	DP	OpenShort	-65	0.3	-2	200	13	-46	9.43	87%	0.6	3.9	4.48%	0	-0.2	37	1.1
17	Feb_4_2021	13.44	18.17	17.3	17.31	17.41	17.91	18.15(-0.27%)	DP	OpenShort	-65	0.7	-9	220	13	-74	7.4	87%	0.67	6.4	4.47%	0	-0.1	34	1.1
18	Feb_3_2021	13.35	18.21	17.31	17.12	17.09	17.42	18.2(7.31%)	DP	OpenShort	-65	0.9	-13	130	12	-88	10.51	87%	0.68	13.5	4.47%	0	-0	45	0.7
19	Feb_2_2021	13.26	18.18	17.45	16.92	16.97	16.91	16.96(1.19%)	DP	OpenShort	-65	0	-23	-20	3	-100	10.54	87%	0.61	16.6	4.4%	0	-1	33	-0.1
20	Feb_1_2021	13.18	18.15	17.73	16.9	16.89	16.76	16.76(1.82%)	DP	OpenShort	-75	-0.1	-29	-60	-7	-95	9.16	87%	0.61	18.6	4.44%	0	-1.1	44	-1.3

21	Jan_29_2021	13.1	18.15	18.01	17.02	17.05	17.03	16.46(-4.3%)	DT	OpenShort	-75	-0.5	-27	-0	-8	-82	11.2	88%	0.61	22.4	4.47%	0	-1.4	44	-2.7
22	Jan_28_2021	13.02	18.13	18.39	17.29	17.17	17.02	17.2(-0.06%)	DT	OpenShort	-75	-0.1	-21	-80	-7	-62	12.29	84%	0.62	32.7	4.43%	0	-0.7	44	-2.2
23	Jan_27_2021	12.94	18.06	18.59	17.52	17.3	17.08	17.21(2.14%)	DP	OpenShort	-75	-0.2	-28	-130	-20	-53	15.5	84%	0.62	36.6	4.55%	0	-0.6	46	-3
24	Jan_26_2021	12.86	17.98	18.85	18.08	17.83	17.31	16.85(-2.99%)	DT	OpenShort	-75	-0.8	-20	-250	-21	-18	11.02	81%	0.31	44.1	4.56%	0	-0.8	51	0.3
25	Jan_25_2021	12.82	17.93	19.03	18.71	18.5	17.52	17.37(-2.42%)	N/A	N/A	0	-0.8	-13	-400	-23	19	15.03	81%		51.5	4.61%	0	-0.4	62	0.8
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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