| DVN latest price $30.9200 (-2.34%) ($30.6600 - $31.9900) on Mon. Jun. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 68 |
Latest Price | $30.9200(-2.34%) |
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 10.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(71%) XOP(71%) IFRA(52%) IWD(52%) |
Factors Impacting DVN price | DVN will decline at least -1.675% in a week (0% probabilities). VIXM(-26%) UUP(-18%) VXX(-9%) TLT(-9%) IGOV(-7%) |
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 | -1.675% (StdDev 3.35%) |
Hourly BBV | -1.7 () |
Intraday Trend | -1.9% |
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