US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 hourBearish70%
1h Downside probability 70%Bearish

DVN 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $48.79 and stabilize above resistance $51.56.

Invalidation Trigger

Break above $51.56 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 41.1, MACD 0.049

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2638 (0.54%)

1h

EMA Structure

Bearish
EMA 8$48.37Bullish
EMA 21$48.79Bearish
EMA 50$49.39Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.1 · MACD 0.049

Momentum is weak

Strength
Range
Volatility
ATR $0.2638 · BB 3.41%

Low volatility

Strength
Bullish
Volume
MFI 46.4 · OBV 10.63%

Relative to 20-period average volume

Strength
Range
Price Levels
$47.75 - $51.56

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.75% · 12.4 ATR above latest close

$51.82
Nearest resistance

+6.2% · 11.4 ATR above · 34-bar high

$51.56
Current price

Price shown is delayed

$48.55
Nearest support

-1.64% · 3.0 ATR below · 34-bar low

$47.75
Deeper support zone

-2.18% · 4.0 ATR below latest close

$47.49
ATR zone

Latest close ± ATR14

$48.28 - $48.81

Indicators

Trend

Dow Theory Structure

Confirmation $47.75, invalidation $48.66

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

Trend strength is active

54.7 / 21.3 / 17.3Bullish
Supertrend (10,3)

Price is above Supertrend

$47.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.87 / $49.65Bearish
Donchian Channel (20)

20-period breakout channel position

38%Bearish

Volatility

ATR (14)

Low volatility

$0.2638 (0.54%)Bullish
Bollinger Bands (20,2)

Width 3.41%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.37 / $48.14Bullish
ATR channel lower / upper

Current Volatility Envelope

$48.28 / $48.81Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.56Range
Support

Nearest Downside Decision Level

$47.75Range

Momentum

RSI (14)

Momentum is weak

41.1Bearish
MACD (12,26,9)

Histogram is positive

0.049Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.9 / 53.7Bullish
Williams %R (14)

Overbought zone

-17.1Bearish
CCI (20)

Balanced zone

-19.8Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.4Range
OBV slope

20-period OBV slope

10.63%Bullish
Volume ratio

Relative to 20-period average volume

0.65xBearish

Trend

Dow Theory Structure

Confirmation $47.75, invalidation $48.66

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

Trend strength is active

54.7 / 21.3 / 17.3Bullish
Supertrend (10,3)

Price is above Supertrend

$47.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.87 / $49.65Bearish
Donchian Channel (20)

20-period breakout channel position

38%Bearish

Momentum

RSI (14)

Momentum is weak

41.1Bearish
MACD (12,26,9)

Histogram is positive

0.049Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.9 / 53.7Bullish
Williams %R (14)

Overbought zone

-17.1Bearish
CCI (20)

Balanced zone

-19.8Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$0.2638 (0.54%)Bullish
Bollinger Bands (20,2)

Width 3.41%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.37 / $48.14Bullish
ATR channel lower / upper

Current Volatility Envelope

$48.28 / $48.81Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.4Range
OBV slope

20-period OBV slope

10.63%Bullish
Volume ratio

Relative to 20-period average volume

0.65xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.56Range
Support

Nearest Downside Decision Level

$47.75Range

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