US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

12 hoursBearish86%
12h Downside probability 86%Bearish

DVN 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $44.11 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

12h
Momentum StateBearish
Momentum soft

RSI 38.1, MACD -0.112

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.55 (3.69%)

12h

EMA Structure

Bearish
EMA 8$42.94Bearish
EMA 21$44.11Bearish
EMA 50$45.27Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.1 · MACD -0.112

Momentum is weak

Strength
Bearish
Volatility
ATR $1.55 · BB 13.38%

Medium volatility

Strength
Range
Volume
MFI 31.1 · OBV -54.36%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$41.53 - $50.27

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+23.53% · 6.4 ATR above latest close

$51.82
Nearest resistance

+19.85% · 5.4 ATR above · 34-bar high

$50.27
Current price

Price shown is delayed

$41.95
Nearest support

-0.99% · 0.3 ATR below · 34-bar low

$41.53
Deeper support zone

-4.68% · 1.3 ATR below latest close

$39.98
ATR zone

Latest close ± ATR14

$40.4 - $43.49

Indicators

Trend

Dow Theory Structure

Confirmation $47.19, invalidation $41.83

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

Trend strength is active

22.8 / 22.8 / 28.5Bearish
Supertrend (10,3)

Price is above Supertrend

$38.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$44.49 / $46.73Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

Medium volatility

$1.55 (3.69%)Range
Bollinger Bands (20,2)

Width 13.38%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.62 / $41.45Range
ATR channel lower / upper

Current Volatility Envelope

$40.4 / $43.49Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.27Range
Support

Nearest Downside Decision Level

$41.53Range

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-0.112Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.3 / 17.7Bearish
Williams %R (14)

Oversold zone

-92.7Bullish
CCI (20)

Weak expansion

-101.1Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.1Bearish
OBV slope

20-period OBV slope

-54.36%Bearish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Trend

Dow Theory Structure

Confirmation $47.19, invalidation $41.83

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

Trend strength is active

22.8 / 22.8 / 28.5Bearish
Supertrend (10,3)

Price is above Supertrend

$38.49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$44.49 / $46.73Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-0.112Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.3 / 17.7Bearish
Williams %R (14)

Oversold zone

-92.7Bullish
CCI (20)

Weak expansion

-101.1Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$1.55 (3.69%)Range
Bollinger Bands (20,2)

Width 13.38%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.62 / $41.45Range
ATR channel lower / upper

Current Volatility Envelope

$40.4 / $43.49Range

Volume / Money Flow

MFI (14)

Money flow is weak

31.1Bearish
OBV slope

20-period OBV slope

-54.36%Bearish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.27Range
Support

Nearest Downside Decision Level

$41.53Range

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