US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

12 hoursBullish54%
12h Upside probability 54%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 $46.16 and reclaim $51.7.

Invalidation Trigger

Lose $46.16 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 47.2, MACD -0.240

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.18 (2.42%)

12h

EMA Structure

Bullish
EMA 8$49.3Bearish
EMA 21$49.22Bearish
EMA 50$48.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.2 · MACD -0.240

Neutral zone

Strength
Bearish
Volatility
ATR $1.18 · BB 7.47%

Medium volatility

Strength
Range
Volume
MFI 57.2 · OBV -32.95%

Relative to 20-period average volume

Strength
Range
Price Levels
$46.16 - $51.7

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.92% · 3.7 ATR above latest close

$52.88
Nearest resistance

+6.5% · 2.7 ATR above · 34-bar high

$51.7
Current price

Price shown is delayed

$48.55
Nearest support

-4.91% · 2.0 ATR below · 34-bar low

$46.16
Deeper support zone

-7.34% · 3.0 ATR below latest close

$44.98
ATR zone

Latest close ± ATR14

$47.37 - $49.72

Indicators

Trend

Dow Theory Structure

Confirmation $51.7, invalidation $48.5

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

Trend strength is moderate

12.7 / 25.0 / 25.4Bearish
Supertrend (10,3)

Price is above Supertrend

$44.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.67 / $47.68Bearish
Donchian Channel (20)

20-period breakout channel position

24%Range

Volatility

ATR (14)

Medium volatility

$1.18 (2.42%)Range
Bollinger Bands (20,2)

Width 7.47%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.83 / $46.67Range
ATR channel lower / upper

Current Volatility Envelope

$47.37 / $49.72Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.7Range
Support

Nearest Downside Decision Level

$46.16Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is negative

-0.240Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.1 / 11.3Bullish
Williams %R (14)

Neutral zone

-79.9Range
CCI (20)

Weak expansion

-104.8Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.2Bullish
OBV slope

20-period OBV slope

-32.95%Bearish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Trend

Dow Theory Structure

Confirmation $51.7, invalidation $48.5

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

Trend strength is moderate

12.7 / 25.0 / 25.4Bearish
Supertrend (10,3)

Price is above Supertrend

$44.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.67 / $47.68Bearish
Donchian Channel (20)

20-period breakout channel position

24%Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is negative

-0.240Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.1 / 11.3Bullish
Williams %R (14)

Neutral zone

-79.9Range
CCI (20)

Weak expansion

-104.8Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$1.18 (2.42%)Range
Bollinger Bands (20,2)

Width 7.47%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.83 / $46.67Range
ATR channel lower / upper

Current Volatility Envelope

$47.37 / $49.72Range

Volume / Money Flow

MFI (14)

Money flow is strong

57.2Bullish
OBV slope

20-period OBV slope

-32.95%Bearish
Volume ratio

Relative to 20-period average volume

0.81xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.7Range
Support

Nearest Downside Decision Level

$46.16Range

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