US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

DVN 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $25.89 and reclaim $55.09.

Invalidation Trigger

Lose $25.89 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 56.3, MACD 1.396

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $6.23 (13.21%)

Monthly

EMA Structure

Bullish
EMA 8$44.23Bullish
EMA 21$41.92Bullish
EMA 50$39.89Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.3 · MACD 1.396

Momentum is strong

Strength
Bullish
Volatility
ATR $6.23 · BB 64.77%

High volatility

Strength
Bearish
Volume
MFI 63.7 · OBV 91.79%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$25.89 - $55.09

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+30.13% · 2.3 ATR above latest close

$61.32
Nearest resistance

+16.91% · 1.3 ATR above · 34-bar high

$55.09
Current price

Price shown is delayed

$47.12
Nearest support

-45.06% · 3.4 ATR below · 34-bar low

$25.89
Deeper support zone

-58.27% · 4.4 ATR below latest close

$19.66
ATR zone

Latest close ± ATR14

$40.89 - $53.35

Indicators

Trend

Dow Theory Structure

Confirmation $52.71, invalidation $31.47

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

50.9 / 26.4 / 7.5Bullish
Supertrend (10,3)

Price is above Supertrend

$24.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.39 / $52.65Bearish
Donchian Channel (20)

20-period breakout channel position

79%Bullish

Volatility

ATR (14)

High volatility

$6.23 (13.21%)Bearish
Bollinger Bands (20,2)

Width 64.77%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$56.12 / $27.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$40.89 / $53.35Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.09Range
Support

Nearest Downside Decision Level

$25.89Range

Momentum

RSI (14)

Momentum is strong

56.3Bullish
MACD (12,26,9)

Histogram is positive

1.396Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.7 / 63.2Bullish
Williams %R (14)

Neutral zone

-26.3Range
CCI (20)

Strong expansion

103.1Bullish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

63.7Bullish
OBV slope

20-period OBV slope

91.79%Bullish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Trend

Dow Theory Structure

Confirmation $52.71, invalidation $31.47

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

50.9 / 26.4 / 7.5Bullish
Supertrend (10,3)

Price is above Supertrend

$24.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$41.39 / $52.65Bearish
Donchian Channel (20)

20-period breakout channel position

79%Bullish

Momentum

RSI (14)

Momentum is strong

56.3Bullish
MACD (12,26,9)

Histogram is positive

1.396Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.7 / 63.2Bullish
Williams %R (14)

Neutral zone

-26.3Range
CCI (20)

Strong expansion

103.1Bullish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$6.23 (13.21%)Bearish
Bollinger Bands (20,2)

Width 64.77%

84%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$56.12 / $27.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$40.89 / $53.35Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

63.7Bullish
OBV slope

20-period OBV slope

91.79%Bullish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.09Range
Support

Nearest Downside Decision Level

$25.89Range

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