US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 hourRange50%
1h Range probability 100%Range

DVN 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is above EMA21, short trend is constructive

Confirmation Trigger

Break either side of $46.16 - $47.4 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 54.4, MACD 0.094

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2539 (0.54%)

1h

EMA Structure

Range
EMA 8$46.93Bullish
EMA 21$46.88Bullish
EMA 50$47.2Bearish

Signals

CategoryReadStrength
Momentum
RSI 54.4 · MACD 0.094

Neutral zone

Strength
Bullish
Volatility
ATR $0.2539 · BB 2.23%

Low volatility

Strength
Bullish
Volume
MFI 29.0 · OBV 0.63%

Relative to 20-period average volume

Strength
Range
Price Levels
$46.16 - $47.4

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.13% · 2.1 ATR above latest close

$47.65
Nearest resistance

+0.59% · 1.1 ATR above · 34-bar high

$47.4
Current price

Price shown is delayed

$47.12
Nearest support

-2.04% · 3.8 ATR below · 34-bar low

$46.16
Deeper support zone

-2.58% · 4.8 ATR below latest close

$45.91
ATR zone

Latest close ± ATR14

$46.87 - $47.37

Indicators

Trend

Dow Theory Structure

Confirmation $46.32, invalidation $47.35

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

Trend strength is moderate

14.1 / 36.6 / 27.8Bullish
Supertrend (10,3)

Price is above Supertrend

$46.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.81 / $47.59Bearish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

Low volatility

$0.2539 (0.54%)Bullish
Bollinger Bands (20,2)

Width 2.23%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$47.42 / $46.34Bullish
ATR channel lower / upper

Current Volatility Envelope

$46.87 / $47.37Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.4Range
Support

Nearest Downside Decision Level

$46.16Range

Momentum

RSI (14)

Neutral zone

54.4Range
MACD (12,26,9)

Histogram is positive

0.094Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.8 / 82.6Bearish
Williams %R (14)

Neutral zone

-22.2Range
CCI (20)

Balanced zone

71.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.0Bearish
OBV slope

20-period OBV slope

0.63%Bullish
Volume ratio

Relative to 20-period average volume

3.81xBullish

Trend

Dow Theory Structure

Confirmation $46.32, invalidation $47.35

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

Trend strength is moderate

14.1 / 36.6 / 27.8Bullish
Supertrend (10,3)

Price is above Supertrend

$46.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.81 / $47.59Bearish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Neutral zone

54.4Range
MACD (12,26,9)

Histogram is positive

0.094Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.8 / 82.6Bearish
Williams %R (14)

Neutral zone

-22.2Range
CCI (20)

Balanced zone

71.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$0.2539 (0.54%)Bullish
Bollinger Bands (20,2)

Width 2.23%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$47.42 / $46.34Bullish
ATR channel lower / upper

Current Volatility Envelope

$46.87 / $47.37Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.0Bearish
OBV slope

20-period OBV slope

0.63%Bullish
Volume ratio

Relative to 20-period average volume

3.81xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.4Range
Support

Nearest Downside Decision Level

$46.16Range

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