US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 dayBullish92%
Daily Upside probability 92%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 $49.72.

Invalidation Trigger

Lose $42.04 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 56.4, MACD 0.018

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.25 (2.66%)

Daily

EMA Structure

Bullish
EMA 8$47.27Bearish
EMA 21$46.3Bullish
EMA 50$45.32Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.4 · MACD 0.018

Momentum is strong

Strength
Bullish
Volatility
ATR $1.25 · BB 18.37%

Medium volatility

Strength
Range
Volume
MFI 63.8 · OBV -1.31%

Relative to 20-period average volume

Strength
Range
Price Levels
$42.04 - $49.72

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.18% · 3.1 ATR above latest close

$50.97
Nearest resistance

+5.52% · 2.1 ATR above · 34-bar high

$49.72
Current price

Price shown is delayed

$47.12
Nearest support

-10.78% · 4.1 ATR below · 34-bar low

$42.04
Deeper support zone

-13.44% · 5.1 ATR below latest close

$40.79
ATR zone

Latest close ± ATR14

$45.87 - $48.37

Indicators

Trend

Dow Theory Structure

Confirmation $49.72, invalidation $46.16

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

Trend strength is active

24.8 / 39.8 / 23.7Bullish
Supertrend (10,3)

Price is above Supertrend

$43.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.91 / $44.86Bullish
Donchian Channel (20)

20-period breakout channel position

66%Range

Volatility

ATR (14)

Medium volatility

$1.25 (2.66%)Range
Bollinger Bands (20,2)

Width 18.37%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$48.82 / $43.91Range
ATR channel lower / upper

Current Volatility Envelope

$45.87 / $48.37Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.72Range
Support

Nearest Downside Decision Level

$42.04Range

Momentum

RSI (14)

Momentum is strong

56.4Bullish
MACD (12,26,9)

Histogram is positive

0.018Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.2 / 58.3Bearish
Williams %R (14)

Neutral zone

-42.8Range
CCI (20)

Balanced zone

36.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

63.8Bullish
OBV slope

20-period OBV slope

-1.31%Bearish
Volume ratio

Relative to 20-period average volume

0.82xBearish

Trend

Dow Theory Structure

Confirmation $49.72, invalidation $46.16

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

Trend strength is active

24.8 / 39.8 / 23.7Bullish
Supertrend (10,3)

Price is above Supertrend

$43.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.91 / $44.86Bullish
Donchian Channel (20)

20-period breakout channel position

66%Range

Momentum

RSI (14)

Momentum is strong

56.4Bullish
MACD (12,26,9)

Histogram is positive

0.018Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.2 / 58.3Bearish
Williams %R (14)

Neutral zone

-42.8Range
CCI (20)

Balanced zone

36.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$1.25 (2.66%)Range
Bollinger Bands (20,2)

Width 18.37%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$48.82 / $43.91Range
ATR channel lower / upper

Current Volatility Envelope

$45.87 / $48.37Range

Volume / Money Flow

MFI (14)

Money flow is strong

63.8Bullish
OBV slope

20-period OBV slope

-1.31%Bearish
Volume ratio

Relative to 20-period average volume

0.82xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.72Range
Support

Nearest Downside Decision Level

$42.04Range

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