US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 dayBearish90%
Daily Downside probability 90%Bearish

DVN 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $43.88 and stabilize above resistance $50.27.

Invalidation Trigger

Break above $50.27 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 39.4, MACD -0.094

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.53 (3.62%)

Daily

EMA Structure

Bearish
EMA 8$42.69Bearish
EMA 21$43.88Bearish
EMA 50$45.14Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.4 · MACD -0.094

Momentum is weak

Strength
Bearish
Volatility
ATR $1.53 · BB 14.36%

Medium volatility

Strength
Range
Volume
MFI 31.5 · OBV -148.83%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$41.53 - $50.27

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+22.8% · 6.3 ATR above latest close

$51.8
Nearest resistance

+19.18% · 5.3 ATR above · 34-bar high

$50.27
Current price

Price shown is delayed

$42.18
Nearest support

-1.54% · 0.4 ATR below · 34-bar low

$41.53
Deeper support zone

-5.17% · 1.4 ATR below latest close

$40
ATR zone

Latest close ± ATR14

$40.65 - $43.71

Indicators

Trend

Dow Theory Structure

Confirmation $43.65, invalidation $41.83

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.8 / 23.2 / 28.8Bearish
Supertrend (10,3)

Price is above Supertrend

$38.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.95 / $46.73Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Medium volatility

$1.53 (3.62%)Range
Bollinger Bands (20,2)

Width 14.36%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.27 / $41.33Range
ATR channel lower / upper

Current Volatility Envelope

$40.65 / $43.71Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.27Range
Support

Nearest Downside Decision Level

$41.53Range

Momentum

RSI (14)

Momentum is weak

39.4Bearish
MACD (12,26,9)

Histogram is negative

-0.094Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.5 / 12.6Bearish
Williams %R (14)

Oversold zone

-88.5Bullish
CCI (20)

Balanced zone

-83.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.5Bearish
OBV slope

20-period OBV slope

-148.83%Bearish
Volume ratio

Relative to 20-period average volume

0.91xRange

Trend

Dow Theory Structure

Confirmation $43.65, invalidation $41.83

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.8 / 23.2 / 28.8Bearish
Supertrend (10,3)

Price is above Supertrend

$38.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.95 / $46.73Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

39.4Bearish
MACD (12,26,9)

Histogram is negative

-0.094Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.5 / 12.6Bearish
Williams %R (14)

Oversold zone

-88.5Bullish
CCI (20)

Balanced zone

-83.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$1.53 (3.62%)Range
Bollinger Bands (20,2)

Width 14.36%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.27 / $41.33Range
ATR channel lower / upper

Current Volatility Envelope

$40.65 / $43.71Range

Volume / Money Flow

MFI (14)

Money flow is weak

31.5Bearish
OBV slope

20-period OBV slope

-148.83%Bearish
Volume ratio

Relative to 20-period average volume

0.91xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.27Range
Support

Nearest Downside Decision Level

$41.53Range

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