| DVN latest price $49.9300 (1.07%) ($48.9800 - $49.9400) on Tue. Oct. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 51 |
Latest Price | $49.9300(1.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 1.6% a day on average for past five trading days. |
Weekly Trend | DVN advances 1.5% a week on average for past two weeks. |
Market Behavior | Value stock 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(88%) XLE(82%) OIH(80%) USO(71%) XAR(60%) |
Factors Impacting DVN price | DVN will decline at least -1.075% in a week (0% probabilities). UUP(-18%) TBT(-6%) BNDX(-6%) IGOV(-0%) SHY(2%) |
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 | -1.075% (StdDev 2.15%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.8% |
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