| DVN latest price $43.5800 (2.88%) ($42.3200 - $43.6700) on Fri. Nov. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 63 |
Latest Price | $43.5800(2.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.7% a day on average for past five trading days. |
Weekly Trend | DVN advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stock 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(67%) XOP(66%) IWD(52%) IFRA(51%) |
Factors Impacting DVN price | DVN will decline at least -1.495% in a week (0% probabilities). VIXM(-25%) UUP(-18%) IGOV(-11%) VXX(-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 | -1.495% (StdDev 2.99%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.1% |
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