US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 hourBearish66%
1h Downside probability 66%Bearish

DVN 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $47.94 and stabilize above resistance $48.93.

Invalidation Trigger

Break above $48.93 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 47.9, MACD -0.075

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2699 (0.56%)

1h

EMA Structure

Range
EMA 8$47.88Bearish
EMA 21$47.94Bearish
EMA 50$47.73Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.9 · MACD -0.075

Neutral zone

Strength
Bearish
Volatility
ATR $0.2699 · BB 2.48%

Low volatility

Strength
Bullish
Volume
MFI 17.6 · OBV -25.48%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$47.01 - $48.93

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.94% · 5.2 ATR above latest close

$49.2
Nearest resistance

+2.37% · 4.2 ATR above · 34-bar high

$48.93
Current price

Price shown is delayed

$47.8
Nearest support

-1.65% · 2.9 ATR below · 34-bar low

$47.01
Deeper support zone

-2.22% · 3.9 ATR below latest close

$46.74
ATR zone

Latest close ± ATR14

$47.53 - $48.07

Indicators

Trend

Dow Theory Structure

Confirmation $48.93, invalidation $47.52

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

Trend strength is active

31.3 / 36.4 / 21.6Bullish
Supertrend (10,3)

Price is above Supertrend

$46.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.12 / $47.34Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Volatility

ATR (14)

Low volatility

$0.2699 (0.56%)Bullish
Bollinger Bands (20,2)

Width 2.48%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$48.6 / $47.28Bullish
ATR channel lower / upper

Current Volatility Envelope

$47.53 / $48.07Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$48.93Range
Support

Nearest Downside Decision Level

$47.01Range

Momentum

RSI (14)

Neutral zone

47.9Range
MACD (12,26,9)

Histogram is negative

-0.075Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.8 / 20.2Bearish
Williams %R (14)

Oversold zone

-80.2Bullish
CCI (20)

Balanced zone

-59.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

17.6Bearish
OBV slope

20-period OBV slope

-25.48%Bearish
Volume ratio

Relative to 20-period average volume

2.46xBullish

Trend

Dow Theory Structure

Confirmation $48.93, invalidation $47.52

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

Trend strength is active

31.3 / 36.4 / 21.6Bullish
Supertrend (10,3)

Price is above Supertrend

$46.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.12 / $47.34Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Momentum

RSI (14)

Neutral zone

47.9Range
MACD (12,26,9)

Histogram is negative

-0.075Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.8 / 20.2Bearish
Williams %R (14)

Oversold zone

-80.2Bullish
CCI (20)

Balanced zone

-59.3Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$0.2699 (0.56%)Bullish
Bollinger Bands (20,2)

Width 2.48%

31%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$48.6 / $47.28Bullish
ATR channel lower / upper

Current Volatility Envelope

$47.53 / $48.07Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.6Bearish
OBV slope

20-period OBV slope

-25.48%Bearish
Volume ratio

Relative to 20-period average volume

2.46xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$48.93Range
Support

Nearest Downside Decision Level

$47.01Range

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