| DVN latest price $48.8300 (1.01%) ($48.2800 - $49.0900) on Mon. Jul. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 43 |
Latest Price | $48.8300(1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.5% a day on average for past five trading days. |
Weekly Trend | DVN declines -1.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) XOP(87%) XLE(83%) OIH(73%) USO(68%) XME(56%) |
Factors Impacting DVN price | DVN will decline at least -0.94% in a week (0% probabilities). VXX(-23%) VIXM(-17%) UUP(-11%) TBT(-7%) BNDX(-1%) |
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 | -0.94% (StdDev 1.88%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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