| DVN latest price $48.8100 (-0.06%) ($48.3100 - $49.1300) on Thu. Sep. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.91% (three month average) |
RSI | 32 |
Latest Price | $48.8100(-0.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1% a day on average for past five trading days. |
Weekly Trend | DVN declines -3.4% 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(90%) XLE(86%) OIH(84%) USO(70%) XAR(60%) |
Factors Impacting DVN price | DVN will decline at least -0.955% in a week (0% probabilities). UUP(-14%) VXX(-8%) BNDX(-7%) TBT(-5%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.955% (StdDev 1.91%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.1% |
| |
|
|