US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

12 hoursBullish78%
12h Upside probability 78%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 $42.09 and reclaim $49.72.

Invalidation Trigger

Lose $42.09 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 53.1, MACD -0.314

12h
Volatility EnvironmentRange
Low volatility

ATR is $0.8414 (1.79%)

12h

EMA Structure

Bullish
EMA 8$47.19Bearish
EMA 21$47.03Bullish
EMA 50$45.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.1 · MACD -0.314

Neutral zone

Strength
Range
Volatility
ATR $0.8414 · BB 10.59%

Low volatility

Strength
Range
Volume
MFI 58.3 · OBV -7.56%

Relative to 20-period average volume

Strength
Range
Price Levels
$42.09 - $49.72

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.3% · 4.1 ATR above latest close

$50.56
Nearest resistance

+5.52% · 3.1 ATR above · 34-bar high

$49.72
Current price

Price shown is delayed

$47.12
Nearest support

-10.67% · 6.0 ATR below · 34-bar low

$42.09
Deeper support zone

-12.46% · 7.0 ATR below latest close

$41.25
ATR zone

Latest close ± ATR14

$46.28 - $47.96

Indicators

Trend

Dow Theory Structure

Confirmation $49.72, invalidation $46.16

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

Trend strength is active

41.2 / 24.7 / 22.8Bullish
Supertrend (10,3)

Price is above Supertrend

$44.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.3 / $45.91Bearish
Donchian Channel (20)

20-period breakout channel position

50%Range

Volatility

ATR (14)

Low volatility

$0.8414 (1.79%)Range
Bollinger Bands (20,2)

Width 10.59%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$48.78 / $45.35Range
ATR channel lower / upper

Current Volatility Envelope

$46.28 / $47.96Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.72Range
Support

Nearest Downside Decision Level

$42.09Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is negative

-0.314Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.0 / 18.3Bullish
Williams %R (14)

Neutral zone

-73.0Range
CCI (20)

Balanced zone

-34.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.3Bullish
OBV slope

20-period OBV slope

-7.56%Bearish
Volume ratio

Relative to 20-period average volume

1.24xBullish

Trend

Dow Theory Structure

Confirmation $49.72, invalidation $46.16

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

Trend strength is active

41.2 / 24.7 / 22.8Bullish
Supertrend (10,3)

Price is above Supertrend

$44.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.3 / $45.91Bearish
Donchian Channel (20)

20-period breakout channel position

50%Range

Momentum

RSI (14)

Neutral zone

53.1Range
MACD (12,26,9)

Histogram is negative

-0.314Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.0 / 18.3Bullish
Williams %R (14)

Neutral zone

-73.0Range
CCI (20)

Balanced zone

-34.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.8414 (1.79%)Range
Bollinger Bands (20,2)

Width 10.59%

42%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$48.78 / $45.35Range
ATR channel lower / upper

Current Volatility Envelope

$46.28 / $47.96Range

Volume / Money Flow

MFI (14)

Money flow is strong

58.3Bullish
OBV slope

20-period OBV slope

-7.56%Bearish
Volume ratio

Relative to 20-period average volume

1.24xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.72Range
Support

Nearest Downside Decision Level

$42.09Range

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