US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 dayBullish58%
Daily Upside probability 58%Bullish

DVN 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $42.04 and reclaim $51.7.

Invalidation Trigger

Lose $42.04 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 50.8, MACD -0.134

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.27 (2.63%)

Daily

EMA Structure

Bullish
EMA 8$49.33Bearish
EMA 21$48.49Bearish
EMA 50$46.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.8 · MACD -0.134

Neutral zone

Strength
Bearish
Volatility
ATR $1.27 · BB 10.10%

Medium volatility

Strength
Range
Volume
MFI 60.3 · OBV 3.21%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$42.04 - $51.7

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.84% · 3.7 ATR above latest close

$52.97
Nearest resistance

+7.22% · 2.7 ATR above · 34-bar high

$51.7
Current price

Price shown is delayed

$48.22
Nearest support

-12.82% · 4.9 ATR below · 34-bar low

$42.04
Deeper support zone

-15.44% · 5.9 ATR below latest close

$40.77
ATR zone

Latest close ± ATR14

$46.95 - $49.49

Indicators

Trend

Dow Theory Structure

Confirmation $51.7, invalidation $47.45

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

16.8 / 30.4 / 27.3Bullish
Supertrend (10,3)

Price is above Supertrend

$44.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.63 / $46.22Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Volatility

ATR (14)

Medium volatility

$1.27 (2.63%)Range
Bollinger Bands (20,2)

Width 10.10%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.27 / $45.86Range
ATR channel lower / upper

Current Volatility Envelope

$46.95 / $49.49Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.7Range
Support

Nearest Downside Decision Level

$42.04Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-0.134Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.1 / 54.6Bearish
Williams %R (14)

Neutral zone

-68.9Range
CCI (20)

Balanced zone

-40.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.3Bullish
OBV slope

20-period OBV slope

3.21%Bullish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Trend

Dow Theory Structure

Confirmation $51.7, invalidation $47.45

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

16.8 / 30.4 / 27.3Bullish
Supertrend (10,3)

Price is above Supertrend

$44.17Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.63 / $46.22Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Momentum

RSI (14)

Neutral zone

50.8Range
MACD (12,26,9)

Histogram is negative

-0.134Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.1 / 54.6Bearish
Williams %R (14)

Neutral zone

-68.9Range
CCI (20)

Balanced zone

-40.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$1.27 (2.63%)Range
Bollinger Bands (20,2)

Width 10.10%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.27 / $45.86Range
ATR channel lower / upper

Current Volatility Envelope

$46.95 / $49.49Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.3Bullish
OBV slope

20-period OBV slope

3.21%Bullish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.7Range
Support

Nearest Downside Decision Level

$42.04Range

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