| DVN latest price $67.9200 (5.89%) ($65.0100 - $67.9800) on Thu. Aug. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 57 |
Latest Price | $67.9200(5.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.1% a day on average for past five trading days. |
Weekly Trend | DVN advances 5.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) OIH(79%) IWD(55%) IWM(51%) IWO(51%) IWN(50%) |
Factors Impacting DVN price | DVN will decline at least -1.8% in a week (0% probabilities). UUP(-19%) VIXM(-16%) EDOC(-9%) SHY(-8%) TBT(-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 | -1.8% (StdDev 3.6%) |
Hourly BBV | 1.7 () |
Intraday Trend | 4.5% |
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