| DVN latest price $53.4000 (0.58%) ($52.8600 - $53.8000) on Tue. Jul. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 71 |
Latest Price | $53.4000(0.58%) |
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 3.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) XOP(86%) XLE(82%) OIH(74%) USO(67%) XAR(54%) |
Factors Impacting DVN price | DVN will decline at least -1.015% in a week (0% probabilities). VXX(-22%) VIXM(-16%) UUP(-9%) TBT(-6%) SHY(-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 | -1.015% (StdDev 2.03%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.8% |
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