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 53.0, MACD 1.336

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $5.92 (13.5%)

Monthly

EMA Structure

Bullish
EMA 8$43.12Bullish
EMA 21$41.28Bullish
EMA 50$39.54Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.0 · MACD 1.336

Neutral zone

Strength
Bullish
Volatility
ATR $5.92 · BB 63.44%

High volatility

Strength
Bearish
Volume
MFI 58.0 · OBV 109.13%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$25.89 - $55.09

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+39.19% · 2.9 ATR above latest close

$61.01
Nearest resistance

+25.69% · 1.9 ATR above · 34-bar high

$55.09
Current price

Price shown is delayed

$43.83
Nearest support

-40.93% · 3.0 ATR below · 34-bar low

$25.89
Deeper support zone

-54.43% · 4.0 ATR below latest close

$19.97
ATR zone

Latest close ± ATR14

$37.91 - $49.75

Indicators

Trend

Dow Theory Structure

Confirmation $52.71, invalidation $31.47

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

Trend strength is active

53.0 / 24.7 / 7.9Bullish
Supertrend (10,3)

Price is above Supertrend

$22.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.81 / $52.65Bearish
Donchian Channel (20)

20-period breakout channel position

67%Range

Volatility

ATR (14)

High volatility

$5.92 (13.5%)Bearish
Bollinger Bands (20,2)

Width 63.44%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$54.38 / $28.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$37.91 / $49.75Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.09Range
Support

Nearest Downside Decision Level

$25.89Range

Momentum

RSI (14)

Neutral zone

53.0Range
MACD (12,26,9)

Histogram is positive

1.336Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.6 / 59.8Bearish
Williams %R (14)

Neutral zone

-40.4Range
CCI (20)

Balanced zone

70.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.0Bullish
OBV slope

20-period OBV slope

109.13%Bullish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Trend

Dow Theory Structure

Confirmation $52.71, invalidation $31.47

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

Trend strength is active

53.0 / 24.7 / 7.9Bullish
Supertrend (10,3)

Price is above Supertrend

$22.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.81 / $52.65Bearish
Donchian Channel (20)

20-period breakout channel position

67%Range

Momentum

RSI (14)

Neutral zone

53.0Range
MACD (12,26,9)

Histogram is positive

1.336Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.6 / 59.8Bearish
Williams %R (14)

Neutral zone

-40.4Range
CCI (20)

Balanced zone

70.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$5.92 (13.5%)Bearish
Bollinger Bands (20,2)

Width 63.44%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$54.38 / $28.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$37.91 / $49.75Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.0Bullish
OBV slope

20-period OBV slope

109.13%Bullish
Volume ratio

Relative to 20-period average volume

0.58xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.09Range
Support

Nearest Downside Decision Level

$25.89Range

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