| DVN latest price $44.0500 (0.87%) ($43.3100 - $44.3050) on Fri. Dec. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 51 |
Latest Price | $44.0500(0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.9% a day on average for past five trading days. |
Weekly Trend | DVN advances 4.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(79%) XLE(65%) XOP(64%) IWD(50%) IFRA(49%) |
Factors Impacting DVN price | DVN will decline at least -1.51% in a week (0% probabilities). VIXM(-22%) UUP(-18%) IGOV(-11%) VXX(-6%) 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 | -1.51% (StdDev 3.02%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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