№ 041 · Almanac · · 1 min
DVN touched its line in June 2021. Here’s what happened next.
DVN touched its 200-week line in 2021. Twelve months later: +116.9%.
The week of June 14, 2021 put DVN right on its 200-week line, $26.75 versus a mean of $26.20.
Twelve months later: +116.9%. Three years later: +70.3%. Five years later: +69.4%.
Today, 5 years later, the screen reads $42.12, +57.5% from where the line was.
, Twelve months at the line is a long way to look down.