| DVN latest price $50.7300 (0.32%) ($50.1600 - $51.0100) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 45 |
Latest Price | $50.7300(0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.4% a day on average for past five trading days. |
Weekly Trend | DVN declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) XOP(89%) XLE(85%) OIH(79%) USO(67%) XAR(52%) |
Factors Impacting DVN price | DVN will decline at least -0.93% in a week (0% probabilities). VXX(-12%) UUP(-9%) BNDX(-8%) SHY(-7%) EDOC(-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 | -0.93% (StdDev 1.86%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.1% |
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