US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

12 hoursBullish92%
12h Upside probability 92%Bullish

DVN 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $47.08 and reclaim $51.97.

Invalidation Trigger

Lose $47.08 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 56.7, MACD 0.053

12h
Volatility EnvironmentRange
Low volatility

ATR is $1.1 (2.14%)

12h

EMA Structure

Bullish
EMA 8$51.19Bullish
EMA 21$50.54Bullish
EMA 50$49.59Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.7 · MACD 0.053

Momentum is strong

Strength
Bullish
Volatility
ATR $1.1 · BB 6.76%

Low volatility

Strength
Range
Volume
MFI 39.7 · OBV -5.20%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$47.08 - $51.97

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.97% · 1.4 ATR above latest close

$53.07
Nearest resistance

+0.83% · 0.4 ATR above · 34-bar high

$51.97
Current price

Price shown is delayed

$51.54
Nearest support

-8.65% · 4.1 ATR below · 34-bar low

$47.08
Deeper support zone

-10.79% · 5.1 ATR below latest close

$45.98
ATR zone

Latest close ± ATR14

$50.44 - $52.64

Indicators

Trend

Dow Theory Structure

Confirmation $51.97, invalidation $48.74

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

Trend strength is moderate

13.6 / 27.7 / 29.6Bearish
Supertrend (10,3)

Price is above Supertrend

$48.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.24 / $48.77Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Volatility

ATR (14)

Low volatility

$1.1 (2.14%)Range
Bollinger Bands (20,2)

Width 6.76%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.79 / $48.38Range
ATR channel lower / upper

Current Volatility Envelope

$50.44 / $52.64Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.97Range
Support

Nearest Downside Decision Level

$47.08Range

Momentum

RSI (14)

Momentum is strong

56.7Bullish
MACD (12,26,9)

Histogram is positive

0.053Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.7 / 83.9Bullish
Williams %R (14)

Overbought zone

-13.3Bearish
CCI (20)

Strong expansion

113.9Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

-5.20%Bearish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Trend

Dow Theory Structure

Confirmation $51.97, invalidation $48.74

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

Trend strength is moderate

13.6 / 27.7 / 29.6Bearish
Supertrend (10,3)

Price is above Supertrend

$48.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.24 / $48.77Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Momentum

RSI (14)

Momentum is strong

56.7Bullish
MACD (12,26,9)

Histogram is positive

0.053Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.7 / 83.9Bullish
Williams %R (14)

Overbought zone

-13.3Bearish
CCI (20)

Strong expansion

113.9Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.1 (2.14%)Range
Bollinger Bands (20,2)

Width 6.76%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.79 / $48.38Range
ATR channel lower / upper

Current Volatility Envelope

$50.44 / $52.64Range

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

-5.20%Bearish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.97Range
Support

Nearest Downside Decision Level

$47.08Range

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