US stock / ETF

Devon Energy Corporation

DVN · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

DVN 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $40 and reclaim $52.71.

Invalidation Trigger

Lose $40 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 61.6, MACD 0.378

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $2.78 (5.4%)

Weekly

EMA Structure

Bullish
EMA 8$49.57Bullish
EMA 21$47.55Bullish
EMA 50$44.66Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.6 · MACD 0.378

Momentum is strong

Strength
Bullish
Volatility
ATR $2.78 · BB 28.30%

High volatility

Strength
Bearish
Volume
MFI 50.6 · OBV 20.92%

Relative to 20-period average volume

Strength
Range
Price Levels
$40 - $52.71

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+7.67% · 1.4 ATR above latest close

$55.49
Nearest resistance

+2.27% · 0.4 ATR above · 34-bar high

$52.71
Current price

Price shown is delayed

$51.54
Nearest support

-22.4% · 4.1 ATR below · 34-bar low

$40
Deeper support zone

-27.8% · 5.1 ATR below latest close

$37.21
ATR zone

Latest close ± ATR14

$48.76 - $54.32

Indicators

Trend

Dow Theory Structure

Confirmation $51.7, invalidation $45.56

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

Trend strength is active

36.4 / 30.1 / 8.7Bullish
Supertrend (10,3)

Price is above Supertrend

$43.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.32 / $42.31Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Volatility

ATR (14)

High volatility

$2.78 (5.4%)Bearish
Bollinger Bands (20,2)

Width 28.30%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.93 / $42.42Bearish
ATR channel lower / upper

Current Volatility Envelope

$48.76 / $54.32Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.71Range
Support

Nearest Downside Decision Level

$40Range

Momentum

RSI (14)

Momentum is strong

61.6Bullish
MACD (12,26,9)

Histogram is positive

0.378Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

97.5 / 94.8Bullish
Williams %R (14)

Overbought zone

-2.5Bearish
CCI (20)

Strong expansion

117.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.6Range
OBV slope

20-period OBV slope

20.92%Bullish
Volume ratio

Relative to 20-period average volume

0.19xBearish

Trend

Dow Theory Structure

Confirmation $51.7, invalidation $45.56

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

Trend strength is active

36.4 / 30.1 / 8.7Bullish
Supertrend (10,3)

Price is above Supertrend

$43.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$47.32 / $42.31Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Momentum

RSI (14)

Momentum is strong

61.6Bullish
MACD (12,26,9)

Histogram is positive

0.378Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

97.5 / 94.8Bullish
Williams %R (14)

Overbought zone

-2.5Bearish
CCI (20)

Strong expansion

117.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$2.78 (5.4%)Bearish
Bollinger Bands (20,2)

Width 28.30%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.93 / $42.42Bearish
ATR channel lower / upper

Current Volatility Envelope

$48.76 / $54.32Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.6Range
OBV slope

20-period OBV slope

20.92%Bullish
Volume ratio

Relative to 20-period average volume

0.19xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.71Range
Support

Nearest Downside Decision Level

$40Range

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