US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 hourBullish55%
1h Upside probability 55%Bullish

DVN 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $42.09 and reclaim $43.53.

Invalidation Trigger

Lose $42.09 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 49.7, MACD 0.025

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2543 (0.59%)

1h

EMA Structure

Range
EMA 8$43.1Bearish
EMA 21$43.06Bearish
EMA 50$43.23Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.7 · MACD 0.025

Neutral zone

Strength
Bearish
Volatility
ATR $0.2543 · BB 1.93%

Low volatility

Strength
Bullish
Volume
MFI 78.4 · OBV -0.71%

Relative to 20-period average volume

Strength
Range
Price Levels
$42.09 - $43.53

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+1.67% · 2.8 ATR above latest close

$43.78
Nearest resistance

+1.08% · 1.8 ATR above · 34-bar high

$43.53
Current price

Price shown is delayed

$43.06
Nearest support

-2.25% · 3.8 ATR below · 34-bar low

$42.09
Deeper support zone

-2.84% · 4.8 ATR below latest close

$41.84
ATR zone

Latest close ± ATR14

$42.81 - $43.31

Indicators

Trend

Dow Theory Structure

Confirmation $43.53, invalidation $42.42

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

Trend strength is moderate

19.0 / 24.8 / 33.6Bearish
Supertrend (10,3)

Price is above Supertrend

$42.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.95 / $43.55Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

Low volatility

$0.2543 (0.59%)Bullish
Bollinger Bands (20,2)

Width 1.93%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$43.68 / $42.44Bullish
ATR channel lower / upper

Current Volatility Envelope

$42.81 / $43.31Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$43.53Range
Support

Nearest Downside Decision Level

$42.09Range

Momentum

RSI (14)

Neutral zone

49.7Range
MACD (12,26,9)

Histogram is positive

0.025Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.9 / 57.9Bearish
Williams %R (14)

Neutral zone

-42.1Range
CCI (20)

Balanced zone

-11.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

78.4Bullish
OBV slope

20-period OBV slope

-0.71%Bearish
Volume ratio

Relative to 20-period average volume

4.49xBullish

Trend

Dow Theory Structure

Confirmation $43.53, invalidation $42.42

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

Trend strength is moderate

19.0 / 24.8 / 33.6Bearish
Supertrend (10,3)

Price is above Supertrend

$42.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.95 / $43.55Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Neutral zone

49.7Range
MACD (12,26,9)

Histogram is positive

0.025Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.9 / 57.9Bearish
Williams %R (14)

Neutral zone

-42.1Range
CCI (20)

Balanced zone

-11.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.2543 (0.59%)Bullish
Bollinger Bands (20,2)

Width 1.93%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$43.68 / $42.44Bullish
ATR channel lower / upper

Current Volatility Envelope

$42.81 / $43.31Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

78.4Bullish
OBV slope

20-period OBV slope

-0.71%Bearish
Volume ratio

Relative to 20-period average volume

4.49xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$43.53Range
Support

Nearest Downside Decision Level

$42.09Range

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