| DVN latest price $22.5200 (-1.14%) ($22.4100 - $22.9500) on Wed. Apr. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 43 |
Latest Price | $22.5200(-1.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.4% a day on average for past five trading days. |
Weekly Trend | DVN advances 0.3% a week on average for past two weeks. |
Market Behavior | Normal 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%) XLE(72%) XOP(72%) IWN(52%) IWD(51%) |
Factors Impacting DVN price | DVN will decline at least -1.775% in a week (0% probabilities). VIXM(-27%) UUP(-19%) VXX(-10%) TLT(-8%) 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 | -1.775% (StdDev 3.55%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.3% |
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