US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 hourBullish92%
1h Upside probability 92%Bullish

DVN 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $42.36 and reclaim $44.2.

Invalidation Trigger

Lose $42.36 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 55.3, MACD 0.020

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4839 (1.11%)

1h

EMA Structure

Bullish
EMA 8$43.63Bullish
EMA 21$43.47Bullish
EMA 50$43.29Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.3 · MACD 0.020

Momentum is strong

Strength
Bullish
Volatility
ATR $0.4839 · BB 2.85%

Low volatility

Strength
Bullish
Volume
MFI 17.2 · OBV -1.70%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$42.36 - $44.2

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.2% · 2.0 ATR above latest close

$44.68
Nearest resistance

+1.1% · 1.0 ATR above · 34-bar high

$44.2
Current price

Price shown is delayed

$43.72
Nearest support

-3.12% · 2.8 ATR below · 34-bar low

$42.36
Deeper support zone

-4.23% · 3.8 ATR below latest close

$41.87
ATR zone

Latest close ± ATR14

$43.24 - $44.2

Indicators

Trend

Dow Theory Structure

Confirmation $43.85, invalidation $43.05

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

Trend strength is active

22.4 / 15.9 / 32.0Bearish
Supertrend (10,3)

Price is above Supertrend

$42.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.51 / $43.29Bullish
Donchian Channel (20)

20-period breakout channel position

66%Bullish

Volatility

ATR (14)

Low volatility

$0.4839 (1.11%)Bullish
Bollinger Bands (20,2)

Width 2.85%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$44.47 / $42.49Bullish
ATR channel lower / upper

Current Volatility Envelope

$43.24 / $44.2Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.2Range
Support

Nearest Downside Decision Level

$42.36Range

Momentum

RSI (14)

Momentum is strong

55.3Bullish
MACD (12,26,9)

Histogram is positive

0.020Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.7 / 65.3Bullish
Williams %R (14)

Neutral zone

-34.3Range
CCI (20)

Balanced zone

47.4Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

17.2Bearish
OBV slope

20-period OBV slope

-1.70%Bearish
Volume ratio

Relative to 20-period average volume

6.03xBullish

Trend

Dow Theory Structure

Confirmation $43.85, invalidation $43.05

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

Trend strength is active

22.4 / 15.9 / 32.0Bearish
Supertrend (10,3)

Price is above Supertrend

$42.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$43.51 / $43.29Bullish
Donchian Channel (20)

20-period breakout channel position

66%Bullish

Momentum

RSI (14)

Momentum is strong

55.3Bullish
MACD (12,26,9)

Histogram is positive

0.020Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.7 / 65.3Bullish
Williams %R (14)

Neutral zone

-34.3Range
CCI (20)

Balanced zone

47.4Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$0.4839 (1.11%)Bullish
Bollinger Bands (20,2)

Width 2.85%

73%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$44.47 / $42.49Bullish
ATR channel lower / upper

Current Volatility Envelope

$43.24 / $44.2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.2Bearish
OBV slope

20-period OBV slope

-1.70%Bearish
Volume ratio

Relative to 20-period average volume

6.03xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$44.2Range
Support

Nearest Downside Decision Level

$42.36Range

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