| DVN latest price $45.5200 (-0.48%) ($45.4550 - $46.4060) on Wed. Nov. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 40 |
Latest Price | $45.5200(-0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | DVN advances 0.6% a day on average for past five trading days. |
Weekly Trend | DVN declines -1.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support DVN advance at 0% a week (0% probability) SPY(96%) XOP(89%) XLE(88%) OIH(82%) USO(78%) |
Factors Impacting DVN price | DVN will decline at least -0.99% in a week (0% probabilities). UUP(-27%) VXX(-25%) BNDX(-17%) TLT(-11%) IGOV(-8%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | -0.9 () |
Intraday Trend | -0.3% |
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