| DVN latest price $52.7400 (-1.07%) ($51.5000 - $53.5200) on Tue. Apr. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 77 |
Latest Price | $52.7400(-1.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.7% a day on average for past five trading days. |
Weekly Trend | DVN advances 5% 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) XOP(87%) XLE(86%) OIH(77%) USO(70%) VYM(63%) |
Factors Impacting DVN price | DVN will decline at least -1.37% in a week (0% probabilities). VXX(-31%) VIXM(-24%) SHY(-18%) UUP(-10%) SMH(-8%) |
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 | -1.37% (StdDev 2.74%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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