| DVN latest price $76.0100 (-0.72%) ($73.8600 - $78.0200) on Fri. Oct. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.32% (three month average) |
RSI | 63 |
Latest Price | $76.0100(-0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.5% a day on average for past five trading days. |
Weekly Trend | DVN advances 4.6% 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(75%) IWD(55%) IWM(50%) DIA(49%) IWN(49%) |
Factors Impacting DVN price | DVN will decline at least -1.66% in a week (0% probabilities). SHY(-16%) BNDX(-13%) VIXM(-11%) UUP(-11%) UNG(-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 | -1.66% (StdDev 3.32%) |
Hourly BBV | -0.9 () |
Intraday Trend | -2% |
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