| DVN latest price $71.8000 (4.09%) ($70.2700 - $72.9900) on Fri. Nov. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.59% (three month average) |
RSI | 45 |
Latest Price | $71.8000(4.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.1% a day on average for past five trading days. |
Weekly Trend | DVN declines -3.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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(56%) IWM(51%) IWO(51%) DIA(50%) |
Factors Impacting DVN price | DVN will decline at least -1.795% in a week (0% probabilities). SHY(-17%) BNDX(-14%) VIXM(-11%) UUP(-11%) TBT(-7%) |
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 | -1.795% (StdDev 3.59%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.9% |
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