US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 monthBullish91%
Monthly Upside probability 91%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 $25.94 and reclaim $55.06.

Invalidation Trigger

Lose $25.94 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 51.3, MACD 1.513

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $5.91 (14.01%)

Monthly

EMA Structure

Bullish
EMA 8$43.11Bearish
EMA 21$41.05Bullish
EMA 50$40.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.3 · MACD 1.513

Neutral zone

Strength
Bullish
Volatility
ATR $5.91 · BB 62.50%

High volatility

Strength
Bearish
Volume
MFI 59.0 · OBV 94.56%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$25.94 - $55.06

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+44.55% · 3.2 ATR above latest close

$60.97
Nearest resistance

+30.54% · 2.2 ATR above · 34-bar high

$55.06
Current price

Price shown is delayed

$42.18
Nearest support

-38.51% · 2.7 ATR below · 34-bar low

$25.94
Deeper support zone

-52.52% · 3.7 ATR below latest close

$20.03
ATR zone

Latest close ± ATR14

$36.27 - $48.09

Indicators

Trend

Dow Theory Structure

Confirmation $52.69, invalidation $31.48

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

Trend strength is active

54.2 / 24.8 / 6.0Bullish
Supertrend (10,3)

Price is above Supertrend

$25.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.7 / $52.66Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Volatility

ATR (14)

High volatility

$5.91 (14.01%)Bearish
Bollinger Bands (20,2)

Width 62.50%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$53.91 / $28.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$36.27 / $48.09Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.06Range
Support

Nearest Downside Decision Level

$25.94Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is positive

1.513Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.3 / 72.9Bearish
Williams %R (14)

Neutral zone

-45.7Range
CCI (20)

Balanced zone

91.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.0Bullish
OBV slope

20-period OBV slope

94.56%Bullish
Volume ratio

Relative to 20-period average volume

1.86xBullish

Trend

Dow Theory Structure

Confirmation $52.69, invalidation $31.48

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

Trend strength is active

54.2 / 24.8 / 6.0Bullish
Supertrend (10,3)

Price is above Supertrend

$25.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$40.7 / $52.66Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Momentum

RSI (14)

Neutral zone

51.3Range
MACD (12,26,9)

Histogram is positive

1.513Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.3 / 72.9Bearish
Williams %R (14)

Neutral zone

-45.7Range
CCI (20)

Balanced zone

91.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$5.91 (14.01%)Bearish
Bollinger Bands (20,2)

Width 62.50%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$53.91 / $28.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$36.27 / $48.09Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.0Bullish
OBV slope

20-period OBV slope

94.56%Bullish
Volume ratio

Relative to 20-period average volume

1.86xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.06Range
Support

Nearest Downside Decision Level

$25.94Range

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