US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

12 hoursBearish74%
12h Downside probability 74%Bearish

DVN 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $43.64 and stabilize above resistance $46.16.

Invalidation Trigger

Break above $46.16 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 45.6, MACD -0.186

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.19 (2.77%)

12h

EMA Structure

Bearish
EMA 8$43.28Bearish
EMA 21$43.64Bearish
EMA 50$43.68Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.6 · MACD -0.186

Neutral zone

Strength
Bearish
Volatility
ATR $1.19 · BB 7.10%

Medium volatility

Strength
Range
Volume
MFI 38.8 · OBV 14.62%

Relative to 20-period average volume

Strength
Range
Price Levels
$42.09 - $46.16

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.96% · 3.6 ATR above latest close

$47.35
Nearest resistance

+7.19% · 2.6 ATR above · 34-bar high

$46.16
Current price

Price shown is delayed

$43.06
Nearest support

-2.25% · 0.8 ATR below · 34-bar low

$42.09
Deeper support zone

-5.02% · 1.8 ATR below latest close

$40.9
ATR zone

Latest close ± ATR14

$41.87 - $44.25

Indicators

Trend

Dow Theory Structure

Confirmation $42.09, invalidation $45.47

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

9.1 / 18.5 / 17.9Bullish
Supertrend (10,3)

Price is above Supertrend

$39.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.95 / $43.08Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Volatility

ATR (14)

Medium volatility

$1.19 (2.77%)Range
Bollinger Bands (20,2)

Width 7.10%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.15 / $41.11Range
ATR channel lower / upper

Current Volatility Envelope

$41.87 / $44.25Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$46.16Range
Support

Nearest Downside Decision Level

$42.09Range

Momentum

RSI (14)

Neutral zone

45.6Range
MACD (12,26,9)

Histogram is negative

-0.186Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.2 / 27.6Bullish
Williams %R (14)

Neutral zone

-71.8Range
CCI (20)

Balanced zone

-82.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.8Bearish
OBV slope

20-period OBV slope

14.62%Bullish
Volume ratio

Relative to 20-period average volume

1.83xBullish

Trend

Dow Theory Structure

Confirmation $42.09, invalidation $45.47

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

9.1 / 18.5 / 17.9Bullish
Supertrend (10,3)

Price is above Supertrend

$39.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.95 / $43.08Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Momentum

RSI (14)

Neutral zone

45.6Range
MACD (12,26,9)

Histogram is negative

-0.186Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.2 / 27.6Bullish
Williams %R (14)

Neutral zone

-71.8Range
CCI (20)

Balanced zone

-82.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$1.19 (2.77%)Range
Bollinger Bands (20,2)

Width 7.10%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$46.15 / $41.11Range
ATR channel lower / upper

Current Volatility Envelope

$41.87 / $44.25Range

Volume / Money Flow

MFI (14)

Money flow is weak

38.8Bearish
OBV slope

20-period OBV slope

14.62%Bullish
Volume ratio

Relative to 20-period average volume

1.83xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$46.16Range
Support

Nearest Downside Decision Level

$42.09Range

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