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 59.9, MACD 1.452

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $6.5 (12.6%)

Monthly

EMA Structure

Bullish
EMA 8$46.34Bullish
EMA 21$43.23Bullish
EMA 50$40.62Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.9 · MACD 1.452

Momentum is strong

Strength
Bullish
Volatility
ATR $6.5 · BB 68.99%

High volatility

Strength
Bearish
Volume
MFI 65.6 · OBV 35.13%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$25.89 - $55.09

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+19.49% · 1.5 ATR above latest close

$61.59
Nearest resistance

+6.89% · 0.5 ATR above · 34-bar high

$55.09
Current price

Price shown is delayed

$51.54
Nearest support

-49.77% · 3.9 ATR below · 34-bar low

$25.89
Deeper support zone

-62.37% · 4.9 ATR below latest close

$19.39
ATR zone

Latest close ± ATR14

$45.04 - $58.04

Indicators

Trend

Dow Theory Structure

Confirmation $52.71, invalidation $40

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

Trend strength is active

48.0 / 26.4 / 7.2Bullish
Supertrend (10,3)

Price is above Supertrend

$26.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.62 / $52.36Bearish
Donchian Channel (20)

20-period breakout channel position

96%Bullish

Volatility

ATR (14)

High volatility

$6.5 (12.6%)Bearish
Bollinger Bands (20,2)

Width 68.99%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.11 / $28.52Bearish
ATR channel lower / upper

Current Volatility Envelope

$45.04 / $58.04Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.09Range
Support

Nearest Downside Decision Level

$25.89Range

Momentum

RSI (14)

Momentum is strong

59.9Bullish
MACD (12,26,9)

Histogram is positive

1.452Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.5 / 80.9Bullish
Williams %R (14)

Overbought zone

-5.5Bearish
CCI (20)

Strong expansion

111.0Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.6Bullish
OBV slope

20-period OBV slope

35.13%Bullish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Trend

Dow Theory Structure

Confirmation $52.71, invalidation $40

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

Trend strength is active

48.0 / 26.4 / 7.2Bullish
Supertrend (10,3)

Price is above Supertrend

$26.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.62 / $52.36Bearish
Donchian Channel (20)

20-period breakout channel position

96%Bullish

Momentum

RSI (14)

Momentum is strong

59.9Bullish
MACD (12,26,9)

Histogram is positive

1.452Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.5 / 80.9Bullish
Williams %R (14)

Overbought zone

-5.5Bearish
CCI (20)

Strong expansion

111.0Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$6.5 (12.6%)Bearish
Bollinger Bands (20,2)

Width 68.99%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.11 / $28.52Bearish
ATR channel lower / upper

Current Volatility Envelope

$45.04 / $58.04Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.6Bullish
OBV slope

20-period OBV slope

35.13%Bullish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.09Range
Support

Nearest Downside Decision Level

$25.89Range

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