| DVN latest price $75.5100 (0.36%) ($73.9700 - $75.7800) on Tue. Oct. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.38% (three month average) |
RSI | 60 |
Latest Price | $75.5100(0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.6% a day on average for past five trading days. |
Weekly Trend | DVN advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(76%) IWD(55%) IWM(50%) IWN(50%) IWO(50%) |
Factors Impacting DVN price | DVN will decline at least -1.69% in a week (0% probabilities). SHY(-16%) BNDX(-13%) VIXM(-12%) UUP(-12%) UNG(-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 | -1.69% (StdDev 3.38%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.9% |
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