| DVN latest price $50.3900 (1.51%) ($49.7400 - $51.4500) on Fri. Jan. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.96% (three month average) |
RSI | 76 |
Latest Price | $50.3900(1.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.6% a day on average for past five trading days. |
Weekly Trend | DVN advances 5.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(79%) XLE(65%) XOP(63%) IWD(50%) IFRA(49%) |
Factors Impacting DVN price | DVN will decline at least -1.48% in a week (0% probabilities). VIXM(-22%) UUP(-19%) VXX(-6%) SHY(-6%) EDOC(-5%) |
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 | -1.48% (StdDev 2.96%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.3% |
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