Trading Signals: DVN Stock Price Prediction and Forecast

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Fri. Jun. 3, 2022

Trading Signals: DVN Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Fri. Dec. 22, 2023)

(Devon Energy Corporation)
DVN latest price $77.0200 (0.93%) ($76.0800 - $77.3500) on Fri. Jun. 3, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.58% (three month average)
RSI   73
Latest Price   $77.0200(0.93%)
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   Broad based sell-off 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(81%)    XLE(59%)    XOP(56%)    IWD(53%)    IFRA(50%)
Factors Impacting DVN price   DVN will decline at least -1.79% in a week (0% probabilities).
UUP(-21%)    VIXM(-19%)    SHY(-9%)    BNDX(-6%)    VXX(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.79% (StdDev 3.58%)
Hourly BBV 1.4 ()
Intraday Trend 0.7%

5 Day Moving Average   $76.1(1.21%)
10 Day Moving Average   $73.92(4.19%)
20 Day Moving Average   $70.95(8.56%)
To recent high   0%
To recent low   46.8%
Market Cap   $29.037b

$. DVN price fluctuates within 6.05% (three month std-dev: 3.58%) daily (68% of days).

Sample size 9 Average positive next day return: 0.74%(33%) Average negative next day return: -1.69%(67%) Sample size 9 Average positive next three day return: 2.68%(33%) Average negative next three day return: -1.23%(67%) Sample size 9 Average positive next weekly return: 3.57%(56%) Average negative next weekly return: -1.27%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220703

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_3_2022	59.8	70.95	73.92	76.1	76.78	76.72	77.02(0.93%)	UT	OpenLong	75	0.2	25	20	8	74	7.09	51%	0.47	79.5	3.58%	1.4	1.4	73	1.4
2	Jun_2_2022	59.52	70.43	73.17	75.46	76.23	76.8	76.31(-0.22%)	UD	OpenLong	75	0.2	30	80	13	80	7.5	51%	0.46	88.1	3.57%	-0.4	1.4	78	1.3
3	Jun_1_2022	59.25	69.98	72.52	74.59	75.43	76.83	76.48(2.11%)	UT	HoldLong	65	0.5	52	160	38	92	9.89	51%	0.47	99.8	3.58%	0.5	1.7	79	1.5
4	May_31_2022	58.97	69.36	72.08	73.37	73.96	75.65	74.9(-1.19%)	UD	OpenLong	75	0.4	55	180	41	97	22.01	51%	0.63	105.2	3.65%	-0.3	1.5	79	1.4
5	May_27_2022	58.6	68.56	71.66	72.6	72.34	74.03	75.8(2.7%)	UT	HoldLong	65	0.7	57	150	40	107	9.31	55%	0.48	83.2	3.69%	1.2	1.6	83	1.8

6	May_26_2022	58.32	67.69	70.93	71.42	71.41	72.28	73.81(2.6%)	UT	OpenLong	75	0.5	49	80	35	89	12.94	55%	0.48	77.6	3.7%	1.3	1.3	57	1.8
7	May_25_2022	58.04	67	70.04	70.56	70.59	70.66	71.94(2.2%)	UT	OpenLong	75	0.3	23	10	9	63	8.72	57%	0.42	69.4	3.73%	2.1	1.1	59	1.7
8	May_24_2022	57.8	66.32	69.34	70.16	70.09	70.55	70.39(-0.94%)	UD	OpenLong	65	0	8	40	-5	47	7.93	57%	0.45	57.4	3.76%	0.2	0.8	56	2.1
9	May_23_2022	57.54	65.64	68.72	70.6	70.33	70.52	71.06(1.63%)	UT	OpenLong	75	0.1	22	10	9	59	9.59	57%	0.47	51.6	3.76%	1	1	63	2.2
10	May_20_2022	57.27	64.92	67.85	70.58	70.7	69.63	69.92(0.59%)	UD	OpenLong	65	-0.1	12	-100	-5	64	12.95	55%	0.47	45.2	3.77%	-0.6	1	70	2

11	May_19_2022	57	64.33	67.78	70.34	70.66	70.14	69.51(-0.59%)	UD	OpenLong	65	-0.2	13	-40	-11	85	10.45	55%	0.46	41.1	3.8%	-0.3	1	70	1.7
12	May_18_2022	56.74	63.89	67.53	69.36	70.28	71.76	69.92(-3.66%)	UD	OpenLong	75	0.1	48	190	29	106	13.74	55%	0.46	34.4	3.83%	-1.7	1.2	66	2
13	May_17_2022	56.48	63.58	67.27	68.31	68.51	71.19	72.58(2.24%)	UT	OpenLong	75	0.9	77	280	59	129	10.76	55%	0.5	32.1	3.8%	1.1	1.9	72	1.8
14	May_16_2022	56.2	63.05	66.41	66.55	66.85	68.79	70.99(3.33%)	UT	OpenLong	75	1	82	220	66	128	12.61	56%	0.29	27.3	3.8%	1.1	1.8	73	2.4
15	May_13_2022	56.04	62.63	65.17	64.75	65.22	65.83	68.7(6.33%)	UT	OpenLong	75	1	35	90	16	90	13.26	55%	0.48	18.2	3.8%	1.2	1.5	72	1.6

16	May_12_2022	55.77	62.29	64.14	64.95	64.53	64.9	64.61(-0.11%)	UD	OpenLong	65	-0.1	15	20	-9	88	10.72	53%	0.41	24	3.76%	-0.4	0.6	63	1.6
17	May_11_2022	55.54	62.22	63.7	65.46	65.61	64.62	64.68(1.44%)	UD	OpenLong	65	-0.2	23	-100	-2	98	12.59	54%	0.43	34.9	3.79%	0.5	0.7	56	1.8
18	May_10_2022	55.3	62.09	63.08	66.07	66.07	64.15	63.76(2.81%)	N/A	N/A	0	-0.6	-9	-200	-38	79	12.76	54%	0.47	45.7	3.81%	-0.5	0.5	49	2.4
19	May_9_2022	55.04	61.9	62.4	66.18	66.74	66.61	62.02(-11.01%)	UD	OpenLong	65	-1.1	15	10	-7	80	18.6	54%	0.44	45.7	3.79%	-1.8	0	50	2
20	May_6_2022	54.8	61.91	61.88	65.44	66.13	67.98	69.69(3.78%)	UT	OpenLong	75	1.2	66	230	60	85	14.59	59%	0.55	42.9	3.47%	1.6	2.1	58	1.4

21	May_5_2022	54.5	61.4	60.65	63.14	63.44	66.87	67.15(-0.87%)	UD	OpenLong	75	1.2	62	390	69	40	12.94	58%	0.52	30.5	3.47%	0.7	1.8	57	1.7
22	May_4_2022	54.22	60.95	59.96	61.69	61.37	64.28	67.74(5.38%)	UT	OpenLong	75	2	77	320	96	21	14.91	58%	0.52	15.9	3.5%	1.4	2.3	55	1
23	May_3_2022	53.94	60.46	59.51	59.75	59.5	60.01	64.28(10.16%)	N/A	N/A	0	1.7	31	50	49	-23	22.01	56%	0.45	-6	3.44%	1.5	1.5	53	-0.9
24	May_2_2022	53.7	60.26	59.29	58.18	58.27	58.46	58.35(0.31%)	DP	OpenShort	-75	0.1	-18	30	-2	-66	10.96	51%	0.3	-23.3	3.2%	-0.5	-0.8	48	-0.1
25	Apr_29_2022	53.54	60.37	59.78	57.74	58.09	59	58.17(-2.87%)	N/A	N/A	0	0.2	2	130	23	-61	7.8	53%		-32.8	3.2%	-0.6	-0.9	42	0.2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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