US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 dayBullish56%
Daily Upside probability 56%Bullish

DVN 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $45.56 and reclaim $51.7.

Invalidation Trigger

Lose $45.56 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 50.6, MACD -0.121

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.34 (2.81%)

Daily

EMA Structure

Range
EMA 8$47.54Bullish
EMA 21$47.74Bullish
EMA 50$47.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.6 · MACD -0.121

Neutral zone

Strength
Range
Volatility
ATR $1.34 · BB 11.95%

Medium volatility

Strength
Range
Volume
MFI 71.4 · OBV -4.08%

Relative to 20-period average volume

Strength
Range
Price Levels
$45.56 - $51.7

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+10.97% · 3.9 ATR above latest close

$53.04
Nearest resistance

+8.16% · 2.9 ATR above · 34-bar high

$51.7
Current price

Price shown is delayed

$47.8
Nearest support

-4.69% · 1.7 ATR below · 34-bar low

$45.56
Deeper support zone

-7.49% · 2.7 ATR below latest close

$44.22
ATR zone

Latest close ± ATR14

$46.46 - $49.14

Indicators

Trend

Dow Theory Structure

Confirmation $49.71, invalidation $45.75

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

Trend strength is moderate

20.6 / 22.9 / 24.8Bearish
Supertrend (10,3)

Price is above Supertrend

$44.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.94 / $46.87Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Volatility

ATR (14)

Medium volatility

$1.34 (2.81%)Range
Bollinger Bands (20,2)

Width 11.95%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$50.51 / $44.97Range
ATR channel lower / upper

Current Volatility Envelope

$46.46 / $49.14Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.7Range
Support

Nearest Downside Decision Level

$45.56Range

Momentum

RSI (14)

Neutral zone

50.6Range
MACD (12,26,9)

Histogram is negative

-0.121Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.0 / 47.8Bullish
Williams %R (14)

Neutral zone

-46.0Range
CCI (20)

Balanced zone

-7.3Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.4Bullish
OBV slope

20-period OBV slope

-4.08%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Trend

Dow Theory Structure

Confirmation $49.71, invalidation $45.75

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

Trend strength is moderate

20.6 / 22.9 / 24.8Bearish
Supertrend (10,3)

Price is above Supertrend

$44.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.94 / $46.87Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Momentum

RSI (14)

Neutral zone

50.6Range
MACD (12,26,9)

Histogram is negative

-0.121Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.0 / 47.8Bullish
Williams %R (14)

Neutral zone

-46.0Range
CCI (20)

Balanced zone

-7.3Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Medium volatility

$1.34 (2.81%)Range
Bollinger Bands (20,2)

Width 11.95%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$50.51 / $44.97Range
ATR channel lower / upper

Current Volatility Envelope

$46.46 / $49.14Range

Volume / Money Flow

MFI (14)

Money flow is strong

71.4Bullish
OBV slope

20-period OBV slope

-4.08%Bearish
Volume ratio

Relative to 20-period average volume

0.27xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.7Range
Support

Nearest Downside Decision Level

$45.56Range

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