| DVN latest price $53.3900 (0.91%) ($53.1000 - $54.5300) on Mon. Apr. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 73 |
Latest Price | $53.3900(0.91%) |
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 6.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) XOP(87%) XLE(86%) OIH(76%) USO(70%) VYM(62%) |
Factors Impacting DVN price | DVN will decline at least -1.365% in a week (0% probabilities). VXX(-29%) VIXM(-23%) SHY(-16%) UUP(-10%) SMH(-9%) |
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 | -1.365% (StdDev 2.73%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.4% |
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