US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 hourBearish63%
1h Downside probability 63%Bearish

DVN 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $42.63 and stabilize above resistance $43.65.

Invalidation Trigger

Break above $43.65 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 38.8, MACD -0.094

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3818 (0.91%)

1h

EMA Structure

Bearish
EMA 8$42.4Bearish
EMA 21$42.63Bearish
EMA 50$42.93Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.8 · MACD -0.094

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3818 · BB 3.78%

Low volatility

Strength
Bullish
Volume
MFI 57.6 · OBV 6.22%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$41.83 - $43.65

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.96% · 5.5 ATR above latest close

$44.03
Nearest resistance

+4.05% · 4.5 ATR above · 34-bar high

$43.65
Current price

Price shown is delayed

$41.95
Nearest support

-0.27% · 0.3 ATR below · 34-bar low

$41.83
Deeper support zone

-1.18% · 1.3 ATR below latest close

$41.45
ATR zone

Latest close ± ATR14

$41.56 - $42.33

Indicators

Trend

Dow Theory Structure

Confirmation $42.89, invalidation $42.42

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

11.5 / 29.3 / 40.9Bearish
Supertrend (10,3)

Price is above Supertrend

$41.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.62 / $42.59Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Low volatility

$0.3818 (0.91%)Bullish
Bollinger Bands (20,2)

Width 3.78%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$43.18 / $42.06Bullish
ATR channel lower / upper

Current Volatility Envelope

$41.56 / $42.33Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$43.65Range
Support

Nearest Downside Decision Level

$41.83Range

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.094Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.8 / 5.0Bullish
Williams %R (14)

Oversold zone

-94.2Bullish
CCI (20)

Weak expansion

-150.6Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.6Bullish
OBV slope

20-period OBV slope

6.22%Bullish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Trend

Dow Theory Structure

Confirmation $42.89, invalidation $42.42

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

11.5 / 29.3 / 40.9Bearish
Supertrend (10,3)

Price is above Supertrend

$41.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.62 / $42.59Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.094Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.8 / 5.0Bullish
Williams %R (14)

Oversold zone

-94.2Bullish
CCI (20)

Weak expansion

-150.6Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Low volatility

$0.3818 (0.91%)Bullish
Bollinger Bands (20,2)

Width 3.78%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$43.18 / $42.06Bullish
ATR channel lower / upper

Current Volatility Envelope

$41.56 / $42.33Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.6Bullish
OBV slope

20-period OBV slope

6.22%Bullish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$43.65Range
Support

Nearest Downside Decision Level

$41.83Range

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